PLUS – The Fight (by UMNO) for the Cash-Cow Continues

The concession agreement for PLUS Expressways was awarded to United Engineers (M) Sdn Bhd (now UEM Group) for a period of 30 years, starting May 1988. Public outcries soon after the 1997 Asia Recession and Mahathir administration gave a tickle so that the concessionaire restructured and reduced the agreed (or rather lopsided) toll rates via […]

... written on Dec 25 2010

15 Signs & Reasons Snap Election is Around the Corner

The question of when will Malaysia PM Najib Razak call for a snap election is drumming louder. Will it be in the first half of 2011 simultaneously with the Sarawak state election, in the second half of 2011 if the Sarawak’s state election results are BN-favorable, or in 2012 if Sarawak results fall within expectation? […]

... written on Dec 09 2010

The 10 Lessons from Galas and Batu Sapi

We wrote how Najib’s administration period could be shorter than Abdullah Badawi, the ex-PM whose downfall was architected by Najib and another ex-PM, Mahathir. FinanceTwitter also wrote that while Najib is the de-facto Prime Minister, he has to get the blessing from his wife, Rosmah Mansor, because both admitted they’re tag-team and operate in a […]

... written on Nov 05 2010

Big Mac Index, China & Malaysia Currencies Undervalued?

On average a McDonald’s Big Mac costs about 14.5 yuan or about US$2.18 in China (Beijing and Shenzhen) as compare to US$3.71 for the same burger in the United States. Based on a study done by McDonald and Economist using Big Mac Index, a semi-hilarious method of measuring the PPP (purchasing power parity) between two […]

... written on Oct 18 2010

Malaysian 2011 Budget – It’s All About Mega Projects

Instead of writing about just announced Malaysia’s 2011 Budget (*yawn*) I would rather spend some time writing about Apple Inc.’s (Nasdaq: AAPL, stock) earnings scheduled to be released on Monday, 18th Oct 2010. And if you’ve been investing the company’s stock or trading its options, get ready for the explosive earnings announcement. But then some […]

... written on Oct 18 2010

How Obama Wish the China’s Economy Is at His Backyard

While Federal Reserve is set to introduce QE-II (quantitative easing) because its near-to-zero interest rate could not wake up the crawling economy powerhouse, China has the opposite problem – economy overheating. How President Obama wishes he could have the best of both worlds; the China’s boiling economy and America’s presidency. China, the world’s second biggest […]

... written on Oct 13 2010

Can the Stocks Cross the River of 11,000 Today?

Whether Dow Jones can close this week above 11,000 or tumbles into the red depends on the much-awaited jobs report. Dow closed Thursday at 10,948.58, inches away from the psychological 11,000 level. The U.S. Labor Department will issue the final monthly jobs report before the midterm congressional elections. And economists couldn’t find any reason that […]

... written on Oct 08 2010

End of TARP Means Beginning of More Problems

One day after the stocks were dumped, it recovered with Dow up by 167 points, Nasdaq jump almost 50 points and S&P500 adds 21 points. It’s nice to see all the three indices up more than 1%. With all the good reports out today, it’s hard to believe the current month of October will be […]

... written on Oct 06 2010

China’s Proposal for Malaysia-Singapore High-Speed Train?

Whether you like it or not a high-speed rail system between Malaysia and Singapore is bound to happen, sooner or later. Except for ex-PM Mahathir and a bunch of racist politicians, it seems nobody would reject a shorter travelling time and a closer relationship with Singapore. Forget about Mahathir‘s lopsided opinion about Singapore as history […]

... written on Sep 27 2010

ETP – Wishful Thinking Against Reality Hidden from You

Malaysia’s economy is set to skyrocket to a super-impressive level in just another 10-year, thanks to an economic road map involving investments of about US$444 billion (RM1.3 trillion) to power the country towards becoming a high income economy by 2020, provided you believe this is not another Mother of all Slogans gimmick to create feel-good […]

... written on Sep 23 2010

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