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Budget 2007 with New Tax on Everything – GST

In the upcoming 2008 Malaysia Budget, the government may implement the goods and services tax (GST) and single-tier corporate tax. Deloitte KassimChan Tax Services Sdn Bhd technical director K Sandra Segaran said the GST was likely to be accompanied by further reductions in both corporate and person [...]

Regional Stock Markets to pickup from Dow's tone

The Dow Jones industrial average rose more than 140 points on Friday, closing at 13,378.87, mainly due to stronger-than-expected reading on new homes sales for July. The Commerce Department said new home sales rose 2.8 percent in July, after falling 4 percent in June. The increase in July lifted sal [...]

Protect your online Identity while surfing and blogging

As much as you like to surf the internet for great information to either help you in your daily work or to do research for your blog, there is the possibility of your computer being exposed to other unfriendly parties. When your notebook or computer is online, your computer will constantly broadcast [...]

Apple – Skinned the Cat since the Subprime Crisis

Ever since the subprime mortgage mini crisis ruled the U.S. financial news end of July 2007, every single stock was affected regardless of whether it’s financial or technology stock. And you should have noticed FinanceTwitter had stopped trading options temporary since then. Coincidently the housi [...]

Chinese Banks adding fuel to U.S. Subprime Crisis

While the Federal Reserve is busy fighting and calming the internal subprime mortgage crisis internally, one external force could and might be the catalyst that would add fuel to the already spooky wildfire. This factor is none other than the U.S. economic rival China.Starting with banks, Chinese ba [...]

Investing All Singapore Champions Stocks

Most of the professional foreign investors do not limited their investment into a single basket, meaning they put their eggs into lots of baskets – diversification is the name of the game. They realized long ago that U.S. financial markets do not give them a safe and guarantee returns not matter h [...]

What if Telenor refuse to sell-down DIGI.com?

End of 2007 is suppose to be Judgement Day for DIGI.com Berhad (DIGI: stock-code 6947) of which the company is required to reduce its interest to below 50 percent. Earlier, the Malaysian authority indicated that there won’t be any extension for Norway's Telenor ASA (OSL: TEL), DiGi's main sharehol [...]

The timing is right for Transmile to have New Auditor

Transmile Group Berhad (KLSE: TRANMIL, stock-code 7000) which was haunted by accounting irregularities and more than halved the fortune of billionaire Robert Kuok in the company is reported to be toying with KPMG to replace auditor Deloitte & Touche. The Transmile-Deloitte relationship was said [...]

Dubai World in Casino Business

Dubai World, a government-owned holding company which made headlines last year when its subsidiary, Dubai Ports World, was forced to sell its U.S. port operations after an uproar in Congress over security concerns will invest about $5 billion in MGM Mirage, the casino operator. The investment includ [...]

Malaysia Ringgit Falls, Funds Out and Party Over?

Remember those days when the exchange rate was RM2.50 to USD1.00? Not to give away my age, not that I’m that bloody old, I somehow fantasized how cool and happy everyone would be if that currency rate remains, if not better, till today. Considering that the amount of things we can buy today doesnâ [...]


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