Investing & Trading
In 1989, together with his wife Sun Ho, Mr. Kong Hee founded a megachurch – City Harvest Church (CHC) – which becomes one of Singapore’s wealthiest evangelical churches, boasting 30,000 members and 15 services every weekend. The church claims to have 48 affiliates in countries such as Malaysia, Indonesia, Brunei, Taiwan, India and Australia. Today, […]
... written on Oct 21 2015Today is the first day of Parliament sitting but the temperature was already extraordinary high. Malaysians are supposed to see two things before the Christmas kicks in. First, Prime Minister Najib Razak with allegations of corruption, money laundering and murder scandals stacked against him, is supposed to see (blind) defence from all his 132 MPs. […]
... written on Oct 19 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 2015Speculation is running high that the Federal Reserve is having cold feet about raising interest rate for the first time after rates held near zero since 2008 financial crisis. Hence, there could be no rate hike at all for the rest of the year. There’re also rumours that China is ready to devalue its currency […]
... 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 2015In a latest cat-and-mouse, or rather cop-and-thief game, Arul Kanda (President and Group Executive Director of 1MDB) has admitted the authentication of copies of 1MDB Board minutes dated Jan 12 published by UK-based whistleblower Sarawak Report (SR). Perhaps Mr. Arul was puzzled on how could the documents landed on Clare Rewcastle Brown’s lap. Considering how […]
... written on Oct 12 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 2015Ben Bernanke has finally answered a question that’s been repeatedly asked by millions since 2008 financial crisis – “Should somebody have gone to jail?”. It was a simple and straight forward question which even Bernanke had tried his best to run away for the last 7 years, until today. “Yeah, I think so” – […]
... written on Oct 05 2015Earlier last month, Indonesia scrapped both proposals from China and Japan to build a high-speed rail link between the capital of Jakarta and Bandung. President Joko Widodo couldn’t decide which country to award the deal to. Tons of envoys were sent by Beijing and Tokyo to Jakarta to woo Indonesian politicians. Besides financial and technical considerations, […]
... written on Sep 30 2015No politician, both from the Republican and Democrat, actually believed Donald Trump, someone they like to call a clown, could go this far. There’s little doubt that his “Apprentice” effect helps Trump tremendously. At least, he doesn’t need to spend a penny marketing himself, unlike other presidential candidates. As more and more Americans accept the […]
... written on Sep 29 2015
