Category: Malaysian economy and BNM
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Ringgit strongest, comparatively. Malaysia is positive. Nomura disagrees.
Many months back, a colleague was telling another colleague that with the ringgit’s value which is continuously dropping, her online shopping was taking a big hit. Things were 40 percent more expensive. I told her that ringgit has actually dropped but it’s definitely nowhere near 40 percent. She said, ‘It may happen you know.’ Seriously,…
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Statistically speaking, positive numbers and news
It’s unusual that there are slightly more good news than bad news about Malaysia currently. Somehow, even though I am quite positive but majority of the news I read are usually negative. From the currency depreciation to the slowdown in economy and the downtrend in property transactions and last but not least all those dying…
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Multinationals do not relocate simply because of currency. Be reminded
Do read this news in TheStar first before continuing. I am not the owner of any multinational company but let me tell you this. Multinationals are not relocating from Singapore to Malaysia because of currency. The reason is because, if it’s due to currency alone, there are SO MANY MORE choices which are certainly cheaper.…
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Of tourism, thriving businesses and contribution to the economy
Tourism is huge money for many countries, including Malaysia. For Thailand, there’s an estimate that 20 percent of the GDP is related to tourism. Here are the top 10 most visited countries in the world. Thailand is number 10. For Malaysia, the number of tourists have always been healthy and there’s an estimate that for…
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Borrow less, stop price appreciation and economy becomes stronger
I agree with the following statement tremendously. “My judgement is that in the current environment, the resilience of our economy would be enhanced by an extended period in which housing prices and debt outstanding increased no faster than our incomes” It’s a comment by Reserve Bank governor Philip Lowe. (Australia’s Reserve Bank) If you want to…
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Cheap money, pessimism and banks’ profits – Let’s learn
General understanding when market is stable is when there are more money being printed, the interest rates would go down and it should push for more businesses to invest since cost of borrowing is lowered. The term is Quantitative Easing (QE). Google to read more. When interest rates are high, many businesses will face higher…
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Malaysia’s healthy GDP growth and persistent inflation. Well..
My friend lost his managerial position when his company decided to move out of Malaysia a few months ago. Instead of panicking, he decided to take a break and has recently found a new job. Are there plenty of jobs? Well.. take a look. I believe that when people are still queuing up for affordable…
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Malaysia’s economy in 2050? Here’s what PWC’s analysis says
You know, sometimes it’s tiring to explain to people who keep saying that Malaysia is rotten to the core simply because they hate some politicians. They should remember that there are so many good people and great Malaysians who continue to work hard. This is why Malaysia is still growing. Anyway, the below is NOT from…
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Positive news for emerging markets; that’s us too.
Emerging markets are countries which is still growing pretty fast. For example, ASEAN countries except for Singapore. Advanced countries would be countries that has grown so much many years back that these days, their growth are usually very low single digits, say 1%. In fact, it’s a cause for celebration if they do reach 2…
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EPF: Investing direct, 5.7 pct dividend versus 6.4 pct in 2015.
Do you know that it’s possible to buy and own your own plantation land? Well, orchards for a start? Many years ago, a group of friends and I wanted to buy a durian orchard.Somehow we did not and look at today’s price for Musang King and I am close to fainting. Haha… Anyway, it’s ok…