Being an oil-producing country, Malaysia should, on paper, benefit from the rising price of Brent crude. But in reality, that is not the case.

While the government stands to get more dividends from Petronas Nasional Bhd, it has to bear a higher subsidy bill as it has to artificially kee...

Alternative Views: Why there is no buzz as oil approaches US$100

When I began covering the oil and gas industry in the mid-1980s and was trying to make it one of my beats — an area in which I could specialise — the term “peak oil” was one that I would come across and had to understand.

Peak oil is a theory based on a bell curve projection in 1956 by ...

My Say: Still too early to say that peak oil is near

Civil servant Encik Labu and Captain Labi meet up for breakfast at a mamak restaurant. Their conversation centres around grub, lavatories and broomsticks.

Coffee Break: And the ‘Oscar’ goes to…

Handal Energy Bhd has been without a substantial shareholder since Aug 9. The company has seen boardroom changes, however, and proposed a placement that would result in its existing shareholding rising 40% and the issuance of warrants.

Frankly Speaking: Who is in control at Handal?

The country has been rocked by yet another situation where the price of a food item — this time, it’s rice — has shot up. This problem is a multi-layered one and must be unpacked properly in order for us to understand and eliminate the threat that comes with it.

In the case of the sharp...

My Say: What we can do about escalating rice prices

Last week, Penang-based Ewein Bhd announced that it was buying a 3.9ha piece of vacant freehold land in Seberang Perai Tengah, Penang, from two individuals, Tan Hong Soon and Tan Kean Hock, for RM39.77 million, which works out to about RM94 psf.

Frankly Speaking: Ewein’s purchase needs clarity

Opcom Holdings Bhd’s purchase of an 18.03% stake in Binasat Communications Bhd seems to suggest that there could be more to what has been announced.

Frankly Speaking: Opcom’s baffling buy into Binasat

Malaysia today is filled with the sound and fury of a trapped tiger. The unravelling of its economic dynamism following the Asian financial crisis (AFC) has eroded political stability by reducing the amount of patronage power available, and worsened social polarisation by reducing opportunities f...

My Say: Release the trapped tiger economy by allowing SMEs better access to capital

Indonesia’s parliament approved a US$216 billion budget for 2024 last week — the last budget under President Joko Widodo (Jokowi), who is stepping down next year after two terms in power.

Frankly Speaking: Petrol subsidy cuts: If others can, why can’t we?

Last Tuesday, Dataprep Holdings Bhd and five of its directors were reprimanded for breaching listing requirements over the company’s reply to an unusual market activity (UMA) query in March 2021.

Frankly Speaking: Bursa disclosures are a serious matter

To the dismay of many economists, US President Joe Biden’s administration has retained most of its predecessor’s tariffs and trade barriers. In fact, contrary to most analysts’ expectations, the US has imposed additional protectionist measures, such as Biden’s “buy American” policies, resulting i...

Making globalisation work: From trade war to subsidy war

It may come as a surprise to learn that the world’s third-largest sporting event (after football’s World Cup and the Olympics) kicked off in the early hours of Sept 9 in the sort of Paris suburb where you might feel safer if you had a rugby player by your side.

There were plenty among t...

Business of Sports: How rugby went from elite colonial sport to mega event

Combating financial crime and money laundering is a cornerstone of a broader agenda to fight organised and serious crime by depriving criminals of their ill-gotten gains. Apart from prosecuting those who assist in the laundering of such proceeds, a number of strategies can be employed to recover ...

my Say: The evolution of money laundering; staying one step ahead

The flurry of diplomatic activities in the past few months is reflective of a kind of shaky equilibrium that is forming in the contestation between the US and China. In this evolving landscape of big power frictions that fall short of outright military clashes, Southeast Asia’s leaders will have ...

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