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The Highland Towers tragedy in 1993 that killed about 48 innocent lives including former Deputy Prime Minister Musa Hitam’s son was almost forgotten until now. If you remembered correctly when the Highland Towers tragedy occurred about 15-years ago the nation was not prepared to handle it and most of the precious time was wasted thinking […]
... written on Dec 08 2008Jobs, retrenchment, bonus, layoff and money could easily become the coffee-shop most talked-about subject these days. Popular radio channels suddenly found new topic of discussion and it was not surprise that many unfortunate victims of economic crisis called in to release their tension and seek advices from DJs. Other influential government-controlled channels such as the […]
... written on Dec 05 2008Malaysians are a bunch of hard-to-please people judging from their cold shoulder over the RM0.10 a liter cut in petrol price effective today, Wednesday 3rd Dec 2008. There were no cheers wherever you go. The kind and generous government has since cut the petrol prices for the sixth time to reduce people’s burden but strangely […]
... written on Dec 03 2008We’re not going to debate or argue whether the time is ripe to scoop some stocks at the current level because obviously different people have different risk appetite. Fund managers couldn’t help but to fill their portfolios with some battered shares with only one reason – they can’t afford to miss the boat in case […]
... written on Dec 01 2008Ever since the Sept 16 deadline to form the new government expired without any mojo de-facto opposition leader Anwar Ibrahim has been extremely quiet. The excitement died as fast as the political blogs mushroomed right after the 8th Mar 2008 general election. All you heard thereafter were some stupid and silly yet entertaining statements from […]
... written on Nov 27 2008At last Malaysia’s Central Bank cut its interest rate to 3.25 percent from 3.50 percent after stubbornly stay at that level for more than two years since Apr 2006. Just like U.S. Federal Reserve once the cut started more cuts are in the pipeline as it signals economic problems. The rate cut should be welcomed […]
... written on Nov 25 2008Looks like the Dow Jones is having a small party after the government agreed to inject $20 billion to bailout the once mighty Citigroup Inc. (NYSE: C, stock). The government doesn’t have a choice really, and Citigroup was damn sure that help was on its way. You can’t let such a massive monster collapse because […]
... written on Nov 24 2008There were two young chaps talking about the current stock market after they finished their meals at a hawker center the other day. As much as I hoped for, it appears the price of foods never goes down and chances are it won’t no matter how much the fuel price drops. So stop believe those […]
... written on Nov 23 2008Sometimes it pays to be negative provided you know what you’re pessimistic about. Sir Isaac Newton’s discovery of gravity after got bonked by an apple gave birth to the “What goes up must come down” wisdom to many stock investors. I wonder if stock markets were invented much earlier in 1687 would Isaac be able […]
... written on Nov 21 2008Home Minister Syed Hamid Albar who has successfully attracted all the attention for the wrong reason since he was transferred from his old position as Foreign Minister may have found a new rival. No doubts Syed Hamid Albar is perhaps the silliest and most hated minister this country ever had since decades ago but similar […]
... written on Nov 20 2008
