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McDonald's Malaysia is looking to expand its fleet of outlets to 750 nationwide by 2030. That's more than double from its current 370 restaurants across the country, or about 63 new outlets every year for the next 6 years. With between 50 to 100 jobs created from each restaurant, the fast food chain
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After almost 2 weeks discussing how to retaliate over Israel's bold strikes on its embassy in Syria's capital Damascus, Tehran could not find any option except a direct attack on Israel. To strike the Jewish state from proxies located in Lebanon, Syria, Yemen or Iraq would be not only lame, but inef
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On Friday (April 12), President Biden expressed his anticipation of an Iranian attack on Israel and rushed warships, including aircraft carrier USS Dwight D. Eisenhower and destroyers USS Carney and USS Arleigh Burke to protect Israel and American forces in the region. With "expectation" that the at
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Anwar Ibrahim was displeased - even panicked - when Abdul Hadi Awang beats him to scoring some brownie points when the PAS Islamist party president contacted Hamas political leader Ismail Haniyeh to express his support for the terrorist organization. Prime Minister Anwar, unsatisfied, then used all
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Americans can make about 11 gigawatts of solar panels per year, up from 6.4 gigawatts in 2022. In comparison, one Chinese company alone - JinkoSolar - is able to produce 56 gigawatts at its solar panel factory in Shanxi province. China as a whole can make more than 400 gigawatts of new panels every
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Investors, both domestic and foreign, have every reason to think twice about doing business in a country called Malaysia as Islamic extremism and terrorism spread like wildfire. In addition to red tape and corruption, they should add another item to their checklist - logos or products must be approv
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Ultra racist UMNO Youth chief Akmal Saleh is finally arrested, albeit momentarily, by the police at the Kota Kinabalu airport this morning. Upon his arrival in Sabah, he was taken to the police station to be questioned before released. Comically, he was called back about 5 minutes later because the
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The realm of forex trading is a dynamic landscape, where traders navigate through the intricate web of currencies, constantly seeking opportunities for profit. In this article, we delve into the nuances of forex trading, exploring strategies, market dynamics, and the role of key currency pairs like
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If there's one nation you don't fool around, it's Israel. Surrounded by hostile enemies who are determined to destroy it, the country has armed itself to become one of the strongest military powers in the Middle East, partly thanks to more than US$3.8 billion of military aid a year from the US. And
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KK Super Mart saw one of its outlets in Bidor, Perak attacked with a Molotov cocktail. As expected, despite CCTV footage evidence, the police force is still unable to arrest anyone. That's because the firebombing was done by a Malay-Muslim. Amazingly, a technician of Chinese ethnicity had been arres
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December 13th, 2006 by financetwitter
Singapore-listed palm oil refiner Wilmar International (SIN : F34) plans to bid for Malaysian palm oil producer PPB Group (KLSE : PPB, stock-code : 4065), which the market values at $1.6 billion, a source close to the deal said on Wednesday. Both companies are linked to the family of Malaysian billi [...]
December 13th, 2006 by financetwitter
According to a source, Malaysia will announce on Thursday, Dec-14-2006, a sharp rise in road toll rates to help trim state subsidies in a move that could spark a public outcry and raise inflation. Tolls will go up by as much as 60 percent and will affect users of five highways in and around the capi [...]
December 13th, 2006 by financetwitter
I read with great interest that Mahathir agrees to meet Soros after almost a decade of hostility due to the 1997 Asia Economic Crisis which created havoc to Malaysia stock market generally and wiped out billions of dollars of losses specifically to some of the top GLC (Government-Link-Companies). Be [...]
December 13th, 2006 by financetwitter
Thank God the long overdue correction started yesterday in the Bursa Malaysia (Kuala Lumpur Stock Exchange) and according to most of the foreign analysts, this correction should continue for a couple more days before a pause to continue its' uptrend (if there's any). I think this is a very healthy c [...]
December 12th, 2006 by financetwitter
According to latest news from The Edge, Bursa Malaysia Bhd now plans to re-introduce regulated short selling in January after postponing it several times this year, and will later incorporate it as a feature into its new trading platform for equities which is expected to be ready by end-2007. Short [...]
December 12th, 2006 by financetwitter
It's the annual repetitive cycle again around this time that energy or oil-related stocks will make its' charge again towards end of the year. So have you allocated some of your funds into these black-gold stocks yet? If not, why not?Today Reuters reported that most OPEC members are in favor of a cu [...]
December 12th, 2006 by financetwitter
Proton Holdings Bhd (KLSE : PROTON, stock-code : 5304), which is now evaluating a number of parties as strategic partners for its manufacturing operations, may decide to take in the Europe's largest carmaker, Volkswagen Aktiengessellschaft (FRA : VOW), as its' new partner.According to a source repor [...]
December 12th, 2006 by financetwitter
Everyone – from the exchange to the brokers and public listed companies (PLCs) – has a role to play to ensure that the stock market continues to perform, said Bursa Malaysia chief executive officer Datuk Yusli Mohamed Yusoff today. “The role of the PLCs is to perform well and do investor relat [...]
December 11th, 2006 by financetwitter
The top business news since last Friday were the official announcement of Genting International (SIN : G13) & Star Cruise Ltd (SIN : S21) winning the Singapore second casino on the Sentosa Integrated-Resort (IR) island projects and how everyone should keep an eye on this new casino giant. The ne [...]
December 10th, 2006 by financetwitter
A source was reported told Business Times that RAJA Teh Maimunah has left the Bahrain-based Unicorn Investment Bank (UIB) to join Kuwait Finance House ( KFH ) in January 2007. She has been appointed as the chief corporate officer, overseeing the international business and corporate expansion of KFH, [...]
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