Category: Malaysian economy and BNM
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300 staffs to go for efficiency and productivity
Efficiency is a compulsory push for all organisations. In fact, when the organisation is overstaffed and business is not expanding as fast, it will drag down the profit numbers. Previously, there were lots of uncertainties in the oil and gas industry players. It has quietened down. Finance is the other sector which may be shedding…
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Firms are positive? Good. Hire more and Higher Pay? 🙂
Original article in TheSundaily here. Firms upbeat on outlook for next six months, RAM Rating index shows Briefly, RAM Business Confidence Index (RAM) showed some numbers which indicated that the corporates are confident; positive sentiment for the next 6 months. It shared that the corporate segments are showing a stronger sentiment comparedto the SMEs probably because…
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Bank Negara Malaysia – Reserves at 3 digits again.
It’s not easy to get back the belief once we are stereotyped. Well, I think for the export numbers thus far, it’s not everything bad with a weaker Ringgit. Of course the GDP growth is supported by rising exports but the retail sector is not doing well it seems. Many window shoppers perhaps but fewer…
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Malaysia’s GDP growth for Q2 looks healthy
In brief, Malaysia’s GDP is growing pretty healthily. It’s supported by domestic demand (most important!). Sentiments improving. Financial institutions have sound overall asset quality and profitability. Exports should grow as the global growth is improving too. Inflation is still above the usual, at 4 percent. Borrowers still have access to financing to purchase homes. (As…
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Lack of volatility reduces appeal? Haha… Cool comment.
Never put money into something that may go up or down FAST. Never put money into something which requires you to have higher heart beat and have to keep monitoring non-stop. Both are situations when we gamble / speculate. It’s definitely wrong to ‘invest’ money into something that could give us returns every month. No…
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I own one set. 100 years of significance.
I am 60 years away from becoming a 100-year old man. Haha. However, it does not mean that I should not celebrate something of significance right? Yesterday, I managed to get myself one set of commemorative coins issued by Bank Negara Malaysia. (BNM). Do refer to the image for my own set. I would not…
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Dear neighbour, be good to one another.
I am a Malaysian. Period. When my central bank says it’s against Malaysia’s foreign exchange administration (FEA) policy and rules, then it is also my responsibility to do my little part to tell that to my neighbour. I have no idea what’s the actual reason for them to start this (other than profits) and I…
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Nope, not about investing in ‘youngest’ country of the world
A good friend who read an earlier article asked if everyone should think about investing only in young countries. Here’s that earlier article: Median age still below 30. Property….. Maybe some readers may think like him and asking this same question. Well, if we should invest in young countries then there many younger countries than…
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Accommodative stance is good. Trade numbers to decide instead.
A little earlier, I wrote about Bank Negara Malaysia (BNM)’s potential monetary decisions. I believe they should continue the policy of being accommodative to the growth. Here’s that article: Hike interest rate? But why…. The reason is very simple, we are not trying to push the ringgit up. The trade numbers, especially better and positive…
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International reserves up and down (at the same time)
International currency reserves for countries is a consideration of whether or not the country is loved by investors or not. Too low and the investors started to get worried. Well, for most countries except the U.S since international reserves are usually denominated in the US$. Of course, we can also imagine what will happen if…
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Hike interest rate? But why …
First, I hope the U.S Federal Reserve would CONTINUE to hike the up the rates, slowly and continuously. It would mean that their economy is doing well enough and thus warranting an increase. Yes, I do believe every time the investors anticipate this potential change, they may prefer to drop their holdings here in Asia,…