Taxes
Najib administration’s purchase of a new private jet for the prime minister’s own use has attracted great attention. And former premier Mahathir has shortlisted this issue as part of his bullets, and unleashed it in his latest attacks. Of course, UMNO-paid bloggers justified that the aircraft is for the country’s King use as well. The […]
... written on Apr 04 2015April 1st is now known as GST Day, unofficially taking over the infamous April Fool Day. It’s true that it’s a historic moment in the history of Malaysia, and Najib administration should at least proudly declare it as a public holiday. People would then have more reasons to celebrate GST Day, contributing happily 6% on […]
... written on Apr 02 2015About 10-years ago in 2004, United States had 274 billionaires while China only had pathetic 3 billionaires. Fast forward 10-years later in 2014, America was still the champion with 492 billionaires. However, China had improved unbelievably with 354 billionaires – 388 if you care to include billionaires from Hong Kong – an achievement of a […]
... written on Jan 14 2015According to AAA National Average Prices, they are now US$2.257 a gallon for regular gasoline. The cheapest gasoline today in Oklahoma was reportedly selling at US$1.57 a gallon for regular gasoline. Remember when we wrote about Crude Oil WTI taking a short nap at US$55 a barrel before going south? Well, as of time this […]
... written on Jan 01 2015One day after the Russian central bank dramatically raised its key interest rate to 17% from 10.5%, Apple today halted online sales of its products in the country due to “extreme” Ruble fluctuations. The latest stunt by Putin administration didn’t work. In fact, the whopping 650-points increase in interest rate only worsen the situation. The Ruble simply […]
... written on Dec 17 2014Denmark is one of the top countries to retire. We suppose you already knew that. Denmark also consistently tops international rankings as the happiest nation in the world. And the reason why the Danes are so happy has something to do with the genes, as revealed by the University of Warwick recently. In a nutshell, […]
... written on Dec 12 2014Mahathir Mohamad told UMNO delegates to be brave and openly criticise PM Najib Razak. But when he was the Malaysian prime minister from 1981 – 2003, anybody who criticised him would be dealt severely. Abdullah Badawi told UMNO delegates to manage the country fairly for the advancement of all races. But do you know that during […]
... written on Nov 28 2014Najib administration has done the unthinkable – to scrap the fuel subsidy of RON95 petrol and diesel altogether. Starting next month, December, the prices of RON95 petrol and diesel will be based on a managed float system. Note that this is based on “managed” and not “freely” float system. Thus, unlike in U.S. where one […]
... written on Nov 24 2014One of President Barack Obama’s greatest achievements, or rather screw ups, depending on whom you ask, is his latest “Executive Order” which adds 4 million new eligible immigrants, on top of the 1 million young immigrants who became eligible for deferred deportation under Obama’s original 2012 program. As to whether the executive action is unconstitutional […]
... written on Nov 24 2014After Scotland failed to get its independence, Britain prime minister David Cameron was relieved that his job is secured, at least for now. But his real problem is UKIP – UK Independence Party – the rising star that almost every Briton calls the real patriotic party worth voting for. Basically, the country has gone to […]
... written on Nov 03 2014
