Author: Charles Tan
-
IMF: The world is NOT going to grow FAST.
According to the International Monetary Fund, the potential growth for emerging markets has slowed compared to before the 2008 crisis. Between 2008 – 2014, potential annual growth fell to 6.5 percent which is about 2 percentage points lower before 2008. In the next five years, 2015 – 2019, this is expected to drop further to just…
-
Turning RM100 into RM76,000. How to do it?
My colleague is someone who looks through all the banknotes in her wallet every time and she would keep some pieces which have special numbers. For example, those with triple 8s. I do not think she intends to sell it to the highest bidder but it’s just an interest. I have also started doing this…
-
Land prices, new projects and debts vs GDV
Reported in a local English daily. How much is a piece of land measuring around 144,000sf? It is said to be worth between RM360 million to RM400 million. Yes, this is ONLY the land price. Construction is a totally different thing altogether. Of course, this piece of land is very close to Petronas Twin Towers.…
-
Perhaps marketing is getting more sophisticated.
Remember a few weeks ago during Chinese New Year, many developers were trying to outdo each other with their television advertisement? Read here: Emerging Trend or Desperation? Actually, 2015 is the first time I see so many developers advertising at the same period. To understand if this an emerging trend, we have to look at 2016 Chinese…
-
Why debts are a necessity for you and me
Can companies grow without debts? That’s an interesting question I believe. Actually, every company would have to take on debts. You may ask what about those companies where the funds came from the parents? Haha. Debts which you do NOT need to pay back is still a form of debt. The term gearing ratio is…
-
Scrap VEP. It will boost both Singapore and Malaysia.
In an online news report I read today. “Scrap VEP please.” SMI Association of Malaysia National President suggested this recently. He said both Malaysia and Singapore should just scrap the vehicle entry permit (VEP) because both countries must look at the bigger picture. Instead of these unnecessary actions against each other, both (Malaysia and Singapore)…
-
Simply increase price? I have decided.
This morning when I was having my breakfast, my mother said that the noodle that we were having has increased its price. My wife said these hawkers would continue to increase their prices because the consumers are willing to just accept it. It increased the price of the plain noodle from RM3 to RM3.20 It…
-
Better sentiment or better pricing and higher transactions.
Last year, the Malaysia Property Expo – Klang Valley (Mapex-Klang Valley) captured a total sales of about RM563 Million. This meant buyers who visited the fair bought a total of RM563 million worth of new properties. 2014 was considered a slow year. Seriously, I thought 2015 would be a worse year. Negative sentiment from 2014…
-
Australia wants Apple, Google, Alibaba to pay GST
Since Malaysia has just implemented GST, how about learning a bit more about it? We can learn from Australia which implemented the Goods and Services Tax (GST) in the year 2000. That’s about 15 years ago. It would seem that they should have learnt many more things about GST, especially against companies which may have…