Commodities
Last Friday, Emperor Najib Razak presented his most challenging budget since he took over the throne in 2009. The Budget 2016, as expected, was heavily decorated with the most refreshing flowers and nicest perfume money can buy in order to divert peoples’ attention from his RM42 billion 1MDB scandal and RM2.6 billion found in his […]
... written on Oct 26 2015When Malaysia introduced MSC (Multimedia Super Corridor) by Mahathir on Feb. 12, 1996, there were lots of “Oohh’s” and “Aahh’s”. Soon, Singapore took the shine as a high-technology country. By now, even Vietnam looks like a sure bet to become a more high-tech country than Malaysia, using its 10 start-ups with over 1-million users as […]
... written on Oct 16 2015You may give us a big yawn if we were to tell you that Pepsi is launching a new product. After all, you’ve been Coca Cola’s biggest fan after Warren Buffett. But PepsiCo Inc. is not launching another carbonated drink. Pepsi is releasing a smartphone. Yes, it’s so unbelievable because it’s like saying President Obama […]
... written on Oct 13 2015It’s a deal!! The Trans-Pacific Partnership agreement, or simply TPPA, which represents the largest U.S. trade pact since the North American Free Trade Agreement (NAFTA) with Canada and Mexico in 1993, has been agreed upon by 12 nations – Australia, Brunei, Canada, Chile, Japan, Malaysia, Mexico, New Zealand, Peru, Singapore, the United States and Vietnam. […]
... written on Oct 06 2015Does the name Popeye Vásquez ring a bell? No, not the “Popeye the Sailorman” cartoon but “Popeye the Hitman” who admitted to killing about 300 people as the right-hand man to Pablo Escobar, the Colombian notorious drugs lord. Not only he killed so many people including his own girlfriend, Popeye also ordered the murder of […]
... written on Sep 22 2015Malaysia is largely self-sufficient in poultry meat production. Eggs and chicken are among the cheapest and mostly consumed protein staples in the country. Almost 90% of production occurs in Peninsular Malaysia, with the remaining in East Malaysia. Peninsular Malaysia has about 3,200 broiler farms, which includes contract and independent farmers, as well as large vertically integrated […]
... written on Sep 09 2015Syria is in a mess and with Vladimir Putin’s latest admission that Russian military are putting boots on the ground in Syria, things could get really ugly. For the first time, Putin isn’t shy about telling all and sundry that the Russia is providing “serious” training and logistical support to the Syrian army under the […]
... written on Sep 06 2015Pro-Najib bloggers have been burning midnight oil trying to project Malaysian Prime Minister Najib Razak as a clever and cunning politician who can rival and even outsmart his mentor, Mahathir Mohamad. Apparently, Najib was scripted in such a way that he isn’t afraid of a vote of no confidence, and in fact was excited and […]
... written on Aug 29 2015U.S. stocks tumbled on Monday, with the Dow Jones Industrial Average (DJIA) dropping to an 18-month closing low that saw the blue-chip benchmark briefly plummet more than 1,000 points. It closed down 588 points, but not before it created a moment of panic when it went down as much as 1,114 points during the early […]
... written on Aug 25 2015Dow plunges 530.94 points on Friday. With more than 1,000-point drop this week, this was the largest weekly drop since Oct 10, 2008 for Dow. Crude oil prices briefly dropped below US$40 a barrel on Friday, the lowest seen since the financial crisis. The effect of devaluation of the Chinese Yuan has finally reached the […]
... written on Aug 23 2015
