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New Cost for Malaysia Formula-1

Now, what on earth is happening to the Malaysia minister and top officials? After my recent post on Malaysia Can Prosper by Copying Singapore, guess what, the Sports Minister Azalina Othman and former premier Mahathir’s son Mokhzani Mahathir actually read FinanceTwitter’s blog and implement the [...]

Will Oil Refineries Spared This Year?

The 2007 Atlantic hurricane season will be more active than normal due to warmer ocean waters, with as many as ten hurricanes, and three to five of them could be major, the U.S. government's top climate agency predicted on Tuesday. NOAA foresees 13 to 17 tropical storms this season, with seven to 10 [...]

City With the Most Expensive Rental

Hong Kong's high-end apartments are the world's most expensive to rent, followed by Tokyo and New York, reflecting high living costs in those cities, a survey on expatriate accommodation which compared rental prices in 92 locations worldwide. An executive three-bedroom apartment in Hong Kong costs m [...]

Time to Make Money Investing Energy Stocks

Time to make money investing energy stocks - oil prices were little changed Tuesday after jumping above $66 a barrel in the previous session on worries about gasoline supply. Light, sweet crude for June delivery was flat at $66.27 a barrel. Worries that violence could rise in Nigeria ahead of the in [...]

Did Bumiputra-Commerce Over-Paid for Southern Bank?

Reuters reported that Malaysia's second-largest lender, Bumiputra-Commerce Holdings Berhad (KLSE: COMMERZ, stock-code 1023), has hired PricewaterhouseCoopers to review the 2005 financial statements of its unit Southern Bank Bhd. It was one of the watch-after “hostile” takeover of Southern Bank B [...]

Malaysia Currency Continues to Strenghthen

The movement in Malaysia's ringgit currency reflects the country's economy and its financial system, central bank chief Zeti Akhtar Aziz said on Monday - reported Reuters. The ringgit strengthened on Monday to its highest levels against the dollar in more than nine years - a decisive push through th [...]

Wealthy Malaysia Spending Like There's No Tomorrow

Going by the rate and quantum of super-mega-projects initiated by the current Malaysia Prime Minister, Badawi, one must have a perception that this country is indeed a very very rich kingdom with hundreds or trillion of barrels of reserve oil undersea and millions of hectares of gold-deposits yet to [...]

TOP 5 Reasons You Should Unload Your Stocks Now

Are you a successful stock investor, property investor, option trader, future trader or even a successful blogger? Everyone would like to be addressed as a successful person, though the definition of successful is very subjective. Whichever category you belong to, chances are you’ve money, more li [...]

How to Save Money in Never-Ending Inflation

Inflation is set to skyrocket in Malaysia again, thanks to the poor-governance in tackling the economy within the country. It seems the government doesn’t or pretends not to be aware of the basic 101 of economic administration of a country, let alone a small country such as Malaysia. After the inf [...]

Privatization Gaining Momentum – Junk Stocks Left

Just what is happening to the Malaysia stock market? One after another listed company is being taken private. First it was the biggest mobile service provider Maxis Communications Berhad (KLSE: MAXIS, stock-code 5051) who made the surprise announcement to take the company private by offering $15.60 [...]


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