Finance and Economy
Were you fascinated by the movie Elysium particularly the part where people don’t get sick because they (the rich people, to be precise) can always slip into a pod-machine to get their cells regenerated? It can even rebuild the face of the bad guy (Agent Kruger), whose face was blown off beyond recognition, within seconds […]
... written on May 15 2014Brunei, a tiny oil-rich kingdom adopts Shariah Law recently. Almost immediately, Beverly Hills Hotel and Hotel Bel-Air, owned by the country through its Brunei Investment Agency were swarmed by American protesters urging the government of Brunei to divest itself. It will be interesting to see if Brunei, ruled by absolute monarch, Sultan Hassanal Bolkiah, could […]
... written on May 12 2014Do you have a great idea but lack of funding to make it a reality? It’s true that getting a funding is a bitch, especially if you’re in a country that practices cronyism and racism. The worst part – you don’t get to own your intellectual property. Such environment does not promote creative thinking, let […]
... written on May 09 2014There’re basically two movies you should watch before you jump into the world of investment, especially the stock market. The two movies are “The Wolf of Wall Street” and “Inside Job”, released in 2013 and 2010 respectively. Sure, there’re tons of investing books in the market but frankly, you won’t learn as much from those […]
... written on May 05 2014Ever since U.S. notorious subprime crisis in 2008, U.S. companies have been building cash as if there’s no tomorrow. Some even joke that U.S. will never have another similar subprime crisis again considering the gigantic amount of cash reserve these companies have. Besides financial institutions, U.S. companies are holding a staggering US$1.64 trillion at the […]
... written on Apr 09 2014Whether history will judge Malaysia (under the present regime) well or not in handling the current Malaysian Airlines missing MH370 is a “future tense”. It could take years or even decades with debates from Arctic to Antarctic, and from East to West to determine if Malaysia has indeed done well in managing the crisis. Nevertheless, there’s […]
... written on Apr 01 2014The “Tax Season” is here, again. There have been some minor changes since our last article published in 2012. Our last article (read here) was based on old format of BE Form – a form for resident who does not carry on business in Malaysia. Since then, Inland Revenue Board of Malaysia has came out […]
... written on Mar 22 2014The contradictions from the Malaysia government is getting worse. In the latest stunt the country’s top-gun, Inspector-General of Police (IGP) Khalid Abu Bakar refuted claims by the Department of Civil Aviation (DCA) that several passengers who had checked in did not board the fateful Malaysia Airlines Flight MH370. In a press conference yesterday, Khalid revealed […]
... written on Mar 12 2014Global Times, one of China’s government mouthpieces have expressed its displeasure at Malaysia government. Apparently, the pro-Beijing newspaper couldn’t afford anymore of Najib administration’s “slow motion” in handling the disappearance of flight MH370 crisis. Indirectly, Beijing was telling Putrajaya to stop all the nonsense of being secretive about almost everything and come clean with their […]
... written on Mar 11 2014Malaysia Airlines flight MH370 has definitely crashed by now, for the simple reason that the aircraft will not have anymore fuel (only 7½ hours) left to fly. The flight was declared missing about 90-minutes after it was due to land in Beijing. Vietnamese Air Force also found a 20km-long oil slick between Malaysia and Vietnam […]
... written on Mar 09 2014