Archive for August, 2010

Singapore is Counting Chips of Profit from IRs

Singaporeans would be “prudent” to let foreigners do the gambling at the casinos in the two new integrated resorts (IRs) as such a move will be a “sure-win” situation, as taxes levied on gambling would boost government coffers, Prime Minister Lee Hsien Loong said yesterday at the National Day Rally. Yeah, maybe PM Lee should […]

... written on Aug 31 2010

8 Facts US Economy Recovery is still Going Nowhere

The way U.S. big boys are managing (or rather firefighting) the economy is pretty amusing though. President Obama is clueless on how to drive the country out of recession while the CEOs are finding scapegoat blaming Obama squarely for the weak economy and Bernanke is literally saying “Don’t worry, we have some tools or options […]

... written on Aug 28 2010

Wake-up, Prepare Your Kids for China

An empire is just like a stock. A stock can goes up from $1 to $500 a share and then from $500 back to $1. Likewise great empires such as Roman, Qin, Mongol and Ottoman saw their rise and fall in the history of mankind. Now we do not talk about empires militarily but rather […]

... written on Aug 25 2010

US Home Sales Plunged 27.2%, The Worst Just Started?

I’ve mentioned many times that basically there’re two simple indicators to gauge how well U.S. economy is recovering. First is unemployment and the second is the home sales. If the indicator of either one is negative then you can forget about putting money betting on the bull. Forget about what the analysts told you about […]

... written on Aug 25 2010

Recession and Jobless? Make Money with YouTube

While the clueless Malaysian ruling government is still busy figuring ways to stop the citizens from getting “infected” (further) by the powerful technological viruses such as Twitter, Facebook, Blogging, YouTube and whatnot, young chaps are reportedly making up to US$300,000 a year from YouTube alone. So if those Malaysian Government-sponsored students are still jobless despite […]

... written on Aug 23 2010

TMC Life – Why did Dr. Colin Lee Sell His Stake?

Dr. Colin Lee Soon Soo, the founder and managing director of TMC Life Sciences Bhd (KLSE: TMCLIFE, stock-code 0101) has sold all his 120.4 million shares (at RM0.52 a share) in TMC to Singapore billionaire Peter Lim Eng Hock. Interestingly Dr. Colin’s brother, Lee Soon Swee, has also disposed his 29.2 million shares to the […]

... written on Aug 22 2010

Ling Liong Sik’s Latest Movie and Paul’s Prediction

Top story of the month was indeed about former Transport Minister and president of MCA (Malaysian Chinese Association) Ling Liong Sik being charged in relation to the country’s biggest scandal – PKFZ’s RM12 billion Scandal. Retired former Prime Minister Mahathir together with Ling Liong Sik and Samy Vellu (who still hold on to power in […]

... written on Aug 03 2010

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