Merger & Acquisition
Initially, Mahathir Mohamad thought his party – PPBM (Bersatu) – could morph into a new version of UMNO. After all, it was him who brilliantly destroyed the original UMNO in 1988 and created “UMNO Baru” (the current UMNO version 2.0). But unlike in 1988, Mr. Mahathir had quit UMNO to form PPBM on 8 September […]
... written on Dec 27 2019Malay unity is nothing but empty rhetoric trumpeted by Malay politicians desperate for gullible Malay votes, as did “Buy Muslim-made First (BMF)” campaign triggered by UMNO’s racism and extremism initiative to put Malays and non-Malays at loggerheads. Clever, moderate and right-thinking Malays do not believe in Malay unity, let alone a domestic trade war with […]
... written on Oct 30 2019When an unknown private company – Kod Efisien Sdn Bhd – was awarded a jaw-dropping contract for security labelling of locally produced cigarettes and beers, it raised eyebrows. The deal could generate revenue of more than RM140 million annually for the concession-holder, essentially making the company a money-making machine. The company, incorporated in February […]
... written on Oct 24 2019We wrote more than a year ago that “Utusan Malaysia”, the oldest Malay newspaper may close shop. Founded as “Utusan Melayu” in 1939, almost 2 decades before the country’s independence in 1957, the generosity of the newly crowned government of Pakatan Harapan has allowed the highly controversial and racist newspaper to operate without interference. […]
... written on Oct 10 2019On the same day China shows off military might at the 70th anniversary parade, the United States stock market fell by nearly 350 points. On Tuesday (Oct 1), the Dow Jones Industrial Average (DJIA) finished lower – losing 343.7 points. But it had little to do with the Chinese revealing its nuclear ballistic missiles that […]
... written on Oct 02 2019On Sunday night (Sept 22), Thomas Cook suddenly collapsed, leaving 600,000 tourists stranded abroad and putting 21,000 jobs at risk. The 178-year-old British tour operator has issued a statement on Monday (Sept 23), saying that its board “concluded that it had no choice but to take steps to enter into compulsory liquidation with immediate effect” […]
... written on Sep 24 2019Donald Trump and First Lady Melania Trump were formally invited to Denmark by Queen Margrethe II in July and both had accepted the invitation. According to the White House, the U.S. president had been expected to participate in a series of bilateral meetings and meet with business leaders in the 2-day state visit to Copenhagen […]
... written on Aug 22 2019As UMNO slowly but surely moves toward its demise, its president – Ahmad Zahid Hamidi – appears to have gone incredibly crazy. And it’s not hard to see how he is doing more harm than good to the party. He would rather bring down UMNO together with him than letting the enemies snatch the party’s […]
... written on Jul 29 2019On Sunday (July 7) in Europe, 150-year-old German bank – Deutsche Bank – officially launched its restructuring plan to cut a mind-blowing 18,000 jobs by 2022. By Monday morning (July 8), the entire teams in Deutsche Bank’s Asian operations were told to pack and clear their desks, before their security passes are deactivated as their […]
... written on Jul 08 2019Forget about sexy rumours that PM-in-waiting Anwar Ibrahim is moving to unseat PM Mahathir Mohamad. Also, forget about naughty speculations that Mahathir is about to install Azmin Ali, his blue-eyed boy, as the new deputy prime minister, hence destroying Anwar’s hope to become the next prime minister. They are just distractions from the real issue […]
... written on Jul 08 2019
