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Malaysian finance/business

Our 'favourite' millionaire, Low Taek Jho, was spotted partying with Paris Hilton in Saint-Tropez in south-eastern France. Party time! - Photo source: Celebutopia forum Check out a couple of pictures from the BZ Berlin website here. And have a peek...
The land swop deal involving S P Setia and the government has raised several issues of public interest.  This is another of those fancy so-called 'public-private partnerships'; but there is also a third - and hidden - party involved....
Thousands of delegates, most of them apparently from India, have converged in Penang for a large but low-profile direct selling convention at the Spice conference centre in Penang. The main organiser of the convention is QNet, a direct selling or...
Long before the Mongolian case, we had the BMF scandal. Bumiputra Malaysia Finance auditor Jalil Ibrahim was assigned to investigate dubious loans to the Carrian Group in Hong Kong. He was strangled to death in a Hong Kong hotel...
So a special audit of Transmile Group has discovered that its revenue for 2005 and 2006 may have been overstated by over RM500 million ringgit. Gulp! Let me say that again s-l-o-w-l-y: over RM500 million. And its pre-tax profit for...

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