Ramunia: If it is true.....

If it is true,then Ramunia is a counter to watch. Also, it looks like there is some hope of evading the minefields of a P17 status for Ramunia after it sells its fabrication yards to Sime Darby.

It has been reported that Ramunia Holdings Bhd, a Malaysian oil and gas services provider, may buy TH Technologies Sdn Bhd. The source is yet unknown though there are positive murmurs in the horizon,according to Bloomberg.

This morning, such rumours punched the air; pushing the counter up to a high of 49.5 sen,(more than 10%)its highest since November 2009 in morning training.

So, it would seem that there are unseen hands in Tabung Haji playing the magic flute of profits,is there?

Genting Singapore: A Red Letter Day

Wow,the wait is just electric as the Genting Group awaits the new baby's birth on Sentosa Island in Singapore on 20th January. Everyone is expectant. The government is hoping for an onslaught of tourist arrivals, particularly from the neighbour across the Causeway.


The entrance fees for Universal Studios is about USD60 for an all-day affair. That adds up to some RM210 for Malaysians and since most of the resorts are so far away in Hong-Kong, Australia and Japan; Universal Studios is just rightly placed just south of the border. So, expect tourist arrivals to come from eager-beaver Malaysians in storm.

As for the January opening without the Universal Studios, it will perhaps add more in-bound passengers from the airports en route somewhere else who may just drop by the enjoy the super cuisine served at the four hotels which are opening.

Whatever, it may be, it is sure one red letter day and a feather to the cap for Lim Kok Thay!

China It Is!

The projections are spot-on.

Latest data shows China has indeed overtaken Germany as the world's biggest exporter.

China has overtaken Germany as the world's biggest exporter after December exports rose 17.7 percent despite weak global demand. Chinese state media said Sunday the country's total 2009 exports were $1.2 trillion.

That was just above the 816 billion euros ($1.17 trillion) in exports forecast last month by Germany's national foreign trade association for 2009. Germany's national chamber of commerce said earlier it was likely to lose its position as top exporter.It has now.

Chinese exports rose in December for the first time in 13 months, the official Xinhua News Agency and state television reported, citing customs data.

The next thing. Can China sustain itself to quickly and steadily lift up the global economy?