Pakatan parties will seal pact, says Zaid
By Leslie Lau from The Malaysian Insider Pakatan Rakyat (PR) is working towards registering the alliance officially to underline its commitment towards being a viable alternative coalition to the ruling Barisan Nasional (BN), says Datuk Zaid Ibrahim. The former BN minister, who joined PKR less than two months ago, wrote in his...
Ho Ching’s euphemism for Temasek’s billion dollar loss
From our Correspondent In a Bloomberg article on 29 July 2009, Temasek CEO Ho Ching is reported as saying: “We are certainly not happy with the negative wealth added in March last year, as well as March this year." (Temasek defines “wealth added” as returns above risk-adjusted cost of capital.) [Source: Bloomberg] Why...
Mass market buyers now inflating property prices
By Jeremy Koh, Guest Columnist An article in the Straits Times on 25 July 2009 claimed that mass market buyers are propping up home prices because they "were shut out of the property market during the most recent boom in 2007, when furious demand for luxury homes drove up home prices far beyond their reach." (source: Straits...
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