Taxes
There were some cheers when crude oil prices started moving north from below US$30 a barrel. It didn’t go any further than US$40 a barrel and has now retreated to below the figure. Nevertheless, nobody believes it could skyrocket at the same momentum it had tumbled though. And Moody’s isn’t impressed despite the jump from […]
... written on Mar 16 2016There’s nothing much to elaborate here. The title of this article is self-explanatory. The Wall Street Journal’s latest bombshell is to tell all and sundry two things. First, someone from the Bank Negara Malaysia (Malaysia Central Bank) is super pissed that a “wolf” is about to be appointed as the most powerful person in the […]
... written on Mar 13 2016Effective Dec 2014, Malaysia scrapped decades-old fuel subsidy and the prices of RON-95, RON-97 petrol and diesel have been based on a “managed float system”. It’s been 15 months now since the implementation and so far so good. Malaysians can proudly say they can survive without subsidy, even though the (subsidy) money came from taxpayers […]
... written on Mar 02 2016Malaysia, under Najib Razak administration, is a cowboy town now with very little respect for law and order. If this can be made into a film, Sheriff Najib, caught with US$700 million (RM2.6 billion) in his personal bank account, is being questioned by everyone in town as to the source and purpose of the money. […]
... written on Feb 27 2016Indians, Pakistanis and Bangladeshis were often associated as Asia’s pariah people due primarily to their poverty. They form a huge pool of cheap labours or slaves ready to do 3D jobs – dirty, dangerous and difficult. They were cheated by agents before they could be exported and were mistreated by employers while doing their 3D […]
... written on Feb 22 2016With less than 2-week to go before people abandon capital Kuala Lumpur and rush back for the Chinese Lunar New Year (CNY) festival, mega sales are everywhere in town. Pre-CNY has always been an interesting point to gauge the domestic economy, especially the Malaysian ethnic-Chinese. After all, the government always accuses the Chinese of dominating […]
... written on Jan 26 2016David Bowie, the legendary British rocker, died Sunday after an 18-month battle with cancer. Aged 69, he died 2-day after his birthday, when his album “Blackstar” was released. Bowie’s son, Duncan Jones, tweeted to confirm the news. His new album includes the song “Lazarus,” which begins with the words – “Look up here, I’m in heaven.” If […]
... written on Jan 12 2016Many think Germany is Europe’s hardest working country and Japan is the champion in Asia while Americans work the longest hour in both North and South America continents. After all, these countries are the wealthiest. Surprisingly, all three of them do not even qualify for the top-10 most hardworking countries on planet Earth. The […]
... written on Dec 29 2015Christmas is just around the corner and stock markets have already started its yearly window dressing. Now is perhaps the best time for you to take some money off the table, if your portfolio is making good money. However, there’s one very prosperous country in ASEAN which disallows people from celebrating Christmas. Oil-rich Brunei has […]
... written on Dec 23 2015You may be forgiven for mistaken this airline as an Irish airline. After all, “Rayani Air” does sound like “Ryanair”, an Irish low-cost airline founded in 1985 and has since grown to become the largest European airline, operating over 300 Boeing 737-800 aircraft serving 31 countries in Europe, Africa and Middle East. Perhaps inspired by […]
... written on Dec 22 2015
