Government
On 31-Mar-1993, Tenaga Nasional Berhad (TNB), Malaysia’s main energy provider and a government-linked company signed a 21-year Electricity Power Purchase Agreement (PPA) with IPP (Independent Power Producers) Yeoh Tiong Lay Corporation Bhd. (YTL). This was the first PPA ever signed by TNB with an IPP license for the Paka and Pasir Gudang Power Stations. Very […]
... written on Jun 02 2011Prisoners at the labour camps in China are going high-tech – breaking rocks and digging trenches in the open cast coalmines through days but playing online games at night. These prisoners worked 12-hour shifts in the camp earning 5,000 – 6,000 renminbi (US$770 – US$920) a day playing addicted games such as World of Warcraft. […]
... written on May 27 2011Dubai had the world’s fastest- growing property market until mid-2008 when the subprime crisis originated from US arrived at the kingdom. The collapse of the emirate’s property sector was partly due to heavy speculation where borrowing was as easy as buying groceries from the supermarket. An estimated of 60% in housing prices was wiped out […]
... written on May 27 2011China is the second biggest economic powerhouse and if the latest data posted on World Economy Outlook by International Monetary Fund (IMF) is reliable, the date of China becoming the new economic leader could be in 2016, leaving United States behind. But even though China can realize the dream of becoming the new economic powerhouse […]
... written on May 26 2011Next month will be the Judgement Day for both consumers and the Malaysian government. The petrol price hike is almost certain. The only question is by how much will the government increase RON95 after its brother RON97 was increased by RM0.20 a liter early this month. Another interesting event is whether the government would lower […]
... written on May 25 2011Not long after the U.S. subprime crisis hit the global financial markets, Dubai had its own subprime crisis when the United Arab Emirates’s investment and development engine, Dubai World, announced that it was seeking a six-month delay in paying creditors on nearly US$60 billion in debt. When the news broke, Dubai’s stock exchange plunged more […]
... written on May 23 2011During such time of escalating fuel price, not only consumers are feeling the pinch, gas stations are competing with each other as well to attract customers. In U.S. where the fuel prices does not enjoy subsidy and fluctuates on daily basis, one has to be creative to lock-in customers. A gas station on Columbia’s North […]
... written on May 19 2011This is the second part of 10 Reasons Must Call A Snap Election This Year. The reasons why Najib should and must call a snap election this year continues. You can read the Part-1 here at 10 Reasons Must Call A Snap Election This Year – Part 1 6) People Do Not Hate BN Government […]
... written on May 16 2011After the Sarawak’s state election, many jumped into conclusion that Najib will have no other choice but to postpone the calling of the 13th General Election. Reason – Najib’s friend in Sarawak performed badly after DAP captured 12 of 15 seats contested, a 80% success rate, not to mention doubling its initial 6 seats, conveniently […]
... written on May 15 2011As expected (*yawn*), the ruling People’s Action Party (PAP) retained firm control, winning 81 out of 87 seats contested. However this 2011 general election registered many “firsts”. For the first time, opposition candidates contested virtually every seat in parliament with the exception of Minister Mentor Lee Kuan Yew. For the first time, social media and […]
... written on May 09 2011
