Archive for August, 2007
If you’re an “old bird” in the stocks market, a statement to means you’ve been long enough in this sector to see the ups and downs and probably seen at least one recession before in your life (not that I’m that old), you would think the current stocks plunge is a norm. But on the […]
... written on Aug 06 2007The country might have successfully pushed for the construction of one of the largest hydroelectric dam projects in Asia. The Bakun project in Malaysia’s Sarawak State was nevertheless hit by several postponements from the period of it being proposed till now, as if there was a curse trying to stop it from completion. It was […]
... written on Aug 03 2007With or without government approval, the 3,200 petrol stations nationwide in Malaysia, including those along highways, will close at 10pm and open at 7am. Most newspaper reported the news and the decision was decided at the annual delegates conference of the Petrol Dealers Association of Malaysia (PDAM) here yesterday. The justifications for such action: frequent […]
... written on Aug 02 2007Moody’s Investors Service said Malaysia needs a smaller budget deficit and faster economic growth to earn its first credit rating upgrade since 2004. Standard & Poor’s on July 31 raised the outlook on the Southeast Asian nation’s foreign currency borrowings to positive from stable, which means the company’s first upgrade on Malaysia since 2003 is […]
... written on Aug 02 2007Rupert Murdoch claimed victory today, Wednesday 1st Aug 2007, in his battle to acquire Dow Jones after securing support from enough Bancroft family members to clinch majority backing for his $5.6 billion cash offer for the owner of The Wall Street Journal. The breakthrough came after nearly four months of often torturous negotiations between the […]
... written on Aug 01 2007Just what happens to the highly marketed and the buzzling of IDR (Iskandar Development Region), the first mega-project initiated by Malaysia’s premier Badawi which is suppose to be another clone of Hong Kong or Dubai spanning over 20-year whileattracting 105 billion dollars? Before anything has taken off in a scale which can instill confidence that […]
... written on Aug 01 2007
