Posts tagged as:

Economy

Are you waiting for a second market crash?

September 17, 2009

It’s been months that people are speculating the shape of the financial recovery all around the world. Some believe that we are now on an uptrend and that the recovery is a V-shaped one while others are hoarding their cash and not willing to invest just yet because they feel that the market is going [...]

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Local companies snapping up MNC operations for RM1

May 6, 2009

This week’s The Edge has an interesting article about how some ailing multinational corporations (MNCs) in  Malaysia are looking at disposing their operations as exit strategies due to the slow down in businesses.
Some of these MNCs include Dell, Western Digital and Flextronics. These companies have made known in recent months that they will be laying off employees [...]

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Main points of the Mini Budget 2009 and the benefits to individuals

March 10, 2009

The much looked forward to Mini Budget 2009 has been just been released. Below are some of the main points of the Second Stimulus Package which I think will benefit people on an individual level. Note that this post does not provide the full Mini Budget 2009 information. I’m only picking out some of the [...]

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More gloom ahead for financial institutions – HSBC cuts jobs

March 2, 2009

With the recent market nervousness that’s been created by the news of AIG and Citigroup both needing urgent funds with one resorting to disposing valueable assets and the other on the verge of nationalisation, yet another news is cropping up from another financial institution.
This time, it is HSBC who needs to raise some $17 billion [...]

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I’m confused over what’s going up and what’s going down

February 26, 2009

Lately we’ve been bombarded with news almost every single day with prices of things going up and down. I find it all very ironic.
First, the banks lowered their charges on credit cards but the government felt that it was not low enough and urged the banks to reduce it further. Then came the announcement of [...]

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