Government
Everyone knows whenever there’s a change to the premiership not only political landscape changes but also the stock-market landscape. When Mahathir called it a day in 2003 almost immediately his cronies listed companies were affected. The same goes to Badawi although his departure doesn’t have the same impact due to his short-term in office. And […]
... written on Apr 03 2009The blogosphere was deadly silence as the critics of Najib Razak still hoped the King would reject the 55-year-old who is the eldest son of Malaysia’s second Prime Minister Abdul Razak Hussein. Now, the hope is over as the politician who was accused of being linked to the murder of Mongolian lady has officially sworn […]
... written on Apr 03 2009By comparison the incoming Prime Minister Najib Razak is luckier than outgoing PM Abdullah Badawi. It could be a blessing in disguise that former PM Mahathir selected the not-so-bright Abdullah Badawi as his successor in 2003. It could be a disastrous to have Najib took over instead of Badawi then because the public will make […]
... written on Apr 02 2009Mahathirism is set to come back and it will be back with vengeance. The old former dictator has enough of the so-called retirement. There’s much work to be done to ensure his dynasty continues to prosper and take over the throne after Najib Razak completed his premiership as to the R.A.H.M.A.N political prophecy. For the […]
... written on Mar 22 2009Violence in the Middle East may just push the saggy crude oil prices higher much to the delights of the OPEC members who have been scratching their heads in disbelieve recently as to why their efforts previously didn’t work. Russia’s dispute with Ukraine (again?) over natural gas supplies will help the situation (higher prices) but […]
... written on Jan 06 2009Wall Street tumbled more than 200 points to its lowest close since mid-March thanks to surging oil prices which was traded as high as $138.30 a barrel on the New York Mercantile Exchange. The culprit – U.S. Energy Department data Wednesday showed that gasoline supplies grew last week but that crude oil inventories fell more […]
... written on Jun 12 2008Don’t you hate Monday? It’s not end of the month so there’s no reason to celebrate. If you didn’t manage to squeeze some drops into your tank last week, chances are you already felt the pain of pouring extra 40 percent for the fuel by now. But seriously do you think this time around people […]
... written on Jun 08 2008Windfall Tax is not something new but neither was it started from the Jurassic Age. It so happened that certain industry suddenly experienced extraordinary profits and the mouth-watering government came with an ingenious idea to levy such companies under the name of windfall tax. The classic example was Exxon Mobil which reported unusual profits of […]
... written on Jun 07 2008As expected when I and my buddies step into the kopitiam for our routine of breakfast this morning, everyone was talking (or rather yelling) about the fuel hike tsunami. I believe this was the second time within this year that the crowds were so energetic debating the 40.62 percent or 78 sen per liter hike? […]
... written on Jun 05 2008Why did Abdullah Badawi press the “Self Destruct” button by raising the fuel price by a whopping 40.62 percent or 78 sen per liter? Not satisfied that the self-destruct button might work, he put in the second-layer security with another explosive – raising electricity rates by 18% for homes and 26% for business users. You […]
... written on Jun 04 2008