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In THE good old days, the role of Father Christmas usually fell to any rotund male friend or relative who did not mind the tropical heat while he went “Ho! Ho! Ho!” This homey arrangement, however, began to change with the proliferation of shopping centres and entertainment outlets sometime in 2000.
KUALA LUMPUR: Visit Malaysia Year 2014 campaign has officially started on New Year’s Day. In Kuala Lumpur alone, Kuala Lumpur City Hall (DBKL) is anticipating 15 million tourists to visit the country’s capital this year. The campaign offers a great business prospects for Malaysians who have interest in participating in the tourism industry.
NEW YORK: Investors who bet heavily on Treasuries took a beating in 2013, and as the Fed winds down its bond buying, they face the risk of a second straight losing year, something that has not happened in four decades
PHILADELPHIA: The U.S. Federal Reserve is no less committed to highly accommodative policy now that it has trimmed its bond-buying stimulus, Ben Bernanke said on Friday in what could be his last speech as Fed chairman.
IT must be understood that prices generally increase over time. This is because of two basic reasons – as populations and living standards rise, there is greater demand for goods and services. The other is when input costs go up for various reasons.