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Minister: China’s capital control matter of concern for Malaysia Second Finance Minister Johari Abdul Ghani today said Malaysia is affected because the trend of investors leaving China due to the measures will impact on China’s domestic economy and thereby on trade with Malaysia. He said this...

OMG!, How to deal with someone who refuse to look at things logically and instead asking for proofs and proofs. How to deal with someone who thinks that a business deal with 50/50 ownership is OK, especially its a multi billion$$$ business between 2 country with totally different culture and...

Double post cancellation

Alamak, so slow how can! Anyway the shop replacing Killiney is another eatery, a local one 雪山飞糊, as the name suggest, selling ice shaving snack. Tried their food at another branch, nothing great and there is already another 2 more shops just stone throw away selling similar stuff. Hopefully...

I have never doubted the abilities and the means that China has to make FC a financial centre but rather are they willing to do so and allowed to do so. To be a financial centre needs to be done from top down. Shenzhen is one because Beijing allows it. Look at KL, it is nowhere near a...

Despite OPEC production​ cut, crude suddenly crashed below US$50 last week and many expect it might touch US$45 in no time. Trump's "Make America Great Again" is not helping the price recovery because he'll be encouraging more shale oil drilling in the US in order to provide more jobs at home...

Hello, developing a financial centre is not like building a shopping mall la, many critical factors are involved. Look at Shenzhen, a developed city which is already some sort of financial centre with the second Chinese Stock Market located there. Is Hongkong, which is just next door, threatened...

Thank you for your reply but I suggest you read up more foreign news, the local news are controlled and tell good things and only things they wanted you to know.

According to this report, about RMB 20 billions sales had been achieved with 90% being Mainlander buyers. So, only about RMB 2 billions sales were bought by "others" - including other foreigners with some Singaporeans, plus many SPRs, plus a couple of Malaysians. RMB 2 billions is about RM1.28...

Feel that I have to correct you on some of the things you said la. Perhaps you are one of those who actually believes that the world famous US$700 millions was a donation from the Saudis.

Johor exco member arrested over land scandal Several people were arrested over this scandal for : "betting to approve land premium reduction for housing and industrial projects as well as changing the status of Bumiputera premises in Johor." I wonder whether those people who bought homes...

I actually totally agreed with you that Aramco had NEVER plan to pull out of the negotiation. Do you notice that all the news confirming this is on Aramco saying so? What about Petronas? Even the news you quoted had Abdul Rahman cleverly saying : "there was never a decision by Saudi Aramco to...

Waste or not for Petronas is really up to them. With massive cut in capex expenditure for 2 years running, there is no way for the project to proceed smoothly without new funds coming in. Halfway through and you needed to money badly to proceed and someone comes along offering you a deal so...

Hopefully, but also hopefully not at other shopping malls' expenses.

Budget cuts affect public universities With severe budget cut by hundreds of millions RM, there is a hiring freeze of new academic staff while some seniors have to retire as they have not been offered a contract to continue. It is understood that thousands of staff are affected. Worse, many...

You are 100% right about Aramco never announce their withdrawal from the deal, they had always been very keen on this project but at their offer price and their terms and conditions! Malaysia was not happy with the offer and the Saudi's terms and conditions, hence they walked away from the...

Very quietly and without any prior news announcement, the price of sugar, a controlled commodity, raised on 01 March, from RM2.84 to RM2.95 or up by about 4% As expected. Earlier, it was cooking oil, also a controlled commodity, and now sugar. Watch it closely, very soon, it'll be flour. So...

CIMB internet transfer today $S1 : RM3.1244

Was shopping at the popular Sutera Mall last weekend and wanted to visit the Killiney Kopitiam, which is located right next to the main entrance but was shocked to find it vacated and shuttered. Think it was only about 3 years old, sigh! Another retail casualty.

Haha, all the Saudi King need to say is : "We did not donate that US$700 millions into the PM's personal bank account !!!" So you see, who has the upper hand here. Now, Malaysia is even obliged to send in more and more troops to Saudi Arabia "for training" mentioned by the Malaysian Defense...