Petrol to cost RM2.70 from 5th June 2008 (Malaysia)

KUALA LUMPUR: Prime Minister Datuk Seri Abdullah Ahmad Badawi on Wednesday announced price hikes for petrol, diesel and electricity.
He said the new price for petrol is RM2.70 a litre, effective midnight tonight. The price goes up by 78sen from the current RM1.92, a hike of 40%.
Abdullah also announced that the price of diesel would be [...]

Earth Hour 2008:Turn your lights off for one hour and see the difference you can make

 

In 2008, 24 global cities will participate in Earth Hour at 8pm on March 29. Earth Hour is the highlight of a major campaign to encourage businesses, communities and individuals to take the simple steps needed to cut their emissions on an ongoing basis. It is about simple changes that will collectively make a difference [...]

Malaysia-Kuala Lumpur Composite Index slumps 123.11 points (appx.9%) to close at 1173.22 points Today.

Latest news: Datuk Seri Abdullah Ahmad Badawi was sworn in Monday as the prime minister of Malaysia for a second term.

Bursa Malaysia halted trading at 2.58pm after the Kuala Lumpur Composite Index (KLCI) fell 10%, which is the maximum limit. Trading resumed at 3.58pm.

Following the overnight falls of WallStreet US market (370 point losses for [...]

Malaysia – 12th General Election Results

Combined Opposition parties (DAP,PAS and PKR) take 5 States (Kedah, Pulau Pinang, Kelantan, Perak and Selangor),a Huge lost for Barisan Nasional in its history althougt they still won the majority in the parliamentary seats.
BN will form the goverment as they won more than half parliamentary seats (140 seats) in the election. While PAS, DAP and [...]

2007 Malaysia Real GDP Growth 6.3%

According to the Press statement of Bank Negara Malaysia (BNM) today, the real GDP expanded by 6.3% in 2007, surprisingly higher than the earlier forecast figure.
The strong growth in the 4th quarter, 7.3%, on the demand side, driven by strong consumption spending and investment activities; while on the supply side, growth was broad based with strong growth [...]

12th General Election date set

After weeks of speculation, the Election Commission has set the date for nominate and polls Today. Below is the geneal detail of Malaysian 12th General Election.
Nomination date: 24 February, 2008
Election date: 8th March, 2008
222 Parliamentary seats and 505 State seats.

Is it possible for the Petrol price adjustment to a cheaper level compared to RM1.92 today?

As one of the lowest Petrol price in the world besides Brunei, It is impossible for the policy maker to adjust the price of Petrol to a cheaper level compared to the price now. One thing I want to stress on here is, low oil price century is over. Not only Malaysia is facing the [...]

MALAYSIA-Parliament dissolved, 12th General Election within the coming 60days

After so long time of waiting and speculating, Prime Minister has announced that Parliament has been dissolved, and the offical announcement for the exact date of normination and election will be held tomorrow (14th of Feb,2008).
Most of the people speculate that the EC (Election Commission) will choose March 2nd as the election day. So, just wait for [...]