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Malaysian finance/business

What's this? You invest RM5000 in Najib's new Skim Amanah Saham Rakyat 1Malaysia (Sara) and you can earn RM134 per month for five years? That works out to RM1608 per year (32 per cent per annum) for a...
Some 18,000 people in eight divisions of Sarawak, including Kuching, are facing water shortages due to a current drought. This dry spell is caused by the El Nino phenomenon, says Sarawak Deputy Chief Minister George Chan. How convenient to put all...
The Penang Island Municipal Council (MPPP) has issued a clarification over a report in The Star yesterday that is at pains to stress there is no difference in position between the Council and state government over the Penang International...
This is the big one, folks. Tycoon Syed Mokhtar Al-Bukhary is reportedly proposing a merger of the national sewerage and water businesses in a joint venture with the national water assets management corporation. The joint venture known as...
Some more light on this mysterious subsidy thing: Most of the country's oil fields contain low-sulfur, high quality "sweet" crude. Malaysia exports the majority of its oil to Japan, Thailand, Singapore and South Korea. This from The Star: Commenting on the fuel...
What is fuelling the protests and rallies and candlelight vigils and prayer gatherings? If we look at the Hindraf protest, it would be easy to conclude that the main issue is ethnic and religious discrimination, which has left many Indian...
Photo credit: PSM Operations Room, Sungai Siput http://www.youtube.com/watch?v=45dZZdOV_W8 So Jeyakumar Devaraj of Parti Sosialis Malaysia has finally triumphed over S Samy Vellu. When I spoke to him early this morning, he sounded tired but happy. It had been a long, long...
The state government has issued a flurry of requests for proposals to develop certain sites - but would this mean surrendering to the whims of high-end developers and pandering to the life-style of the moneyed class? [googlemaps https://maps.google.com.my/maps?q=bayan+mutiara&oe=utf-8&client=firefox&ie=UTF8&hl=en&hq=&hnear=Bayan+Mutiara,+Bayan+Lepas,+Penang&ll=5.349419,100.319939&spn=0.032046,0.042915&z=14&output=embed&w=500&h=375] Requests for proposals...
Happy New Year, folks! Here's to a cleaner, greener, more democratic, accountable and socially just Penang and Malaysia. Cheers! Let's work together to realise this dream. And let's protect our planet too. It's the only one we have. You will...
This is the latest status of all the mega projects in Penang. These remarks are based on the Prime Minister's reply to a question raised by the Penang Chief Minister in Parliament on 20 August 2008. What the first three...

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