Category: Malaysian economy and BNM

in Malaysian economy and BNM, US / Dollar related

You know most of us have a tendency to blame the world when something does not go the way we wanted? Like some CEO which said it’s not his fault that the product is no longer favoured by the customers? It must be the competitors’ fault. Well, the direction of the company is determined by…

When banks show better results, it’s a good sign.

Apr 12, 2017

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It’s easy to know if the economy is doing badly. It has nothing to do with Facebook sharing. The banks should report lower profits or even losses. In Malaysia, I have not yet read about any bank reporting a loss thus far. Looking at the top three, Maybank announced that net profit for its latest…

Beware yeah. OPR likely to be hiked upwards. H1 2017

Mar 29, 2017

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Federal Reserve of the U.S looks at inflation numbers as a key determinant on whether or not they will raise the interest rates. Higher inflation would show that growth is continuing due to better demand. Thus, the rates would rise continuously towards normalisation. This is also one main reason why the US$ continue to be…

40 percent of debts owed by top 20 percent income group

Mar 28, 2017

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When we earn more, we tend to spend more. This is true even for me until today. When I first started working, on the first few days I got my salary I would spend more. When it’s coming towards the end of the month and my remaining funds are low, it would lead to cheaper…

Household debt vs GDP is now 88.4%, down from 89.1%.

Mar 24, 2017

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Yesterday, Bank Negara Malaysia released a press statement entitled, “Bank Negara Malaysia Annual Report 2016” Some interesting facts from the long article as follows: 2016 was a year when the world economy grew the SLOWEST since the Global Financial Crisis Global inflationary pressures remained low, mostly due to weak demand and weak commodity prices, especially…

Time to invest in Malaysia is now…..

Mar 20, 2017

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Nope, Malaysia is nowhere near bankruptcy as a nation. Yes, this is just my personal opinion as a Malaysian. I also do not believe that it’s possible for us to force all the huge investment banks or analysts to who happened to say good things about us. This is the same for all those who…

BNM’s accommodative stance for the economy maintained

Mar 3, 2017

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In brief, Bank Negara Malaysia (BNM) believes the economy is getting better. It said, “At the current level of the OPR, the stance of monetary policy is accommodative and supportive of economic activity.” Here is a report in asia.nikkei.com with views from analysts. According to Capital Economics’ analyst Krystal Tan.”The tone of today’s statement suggests that the…

Trade surplus should mean higher exports conversion versus imports

Feb 17, 2017

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This is about our Ringgit. Yes, that currency which everyone talks about? Haha. It is an update of what has happened to the ringgit based on Bank Negara Malaysia (BNM)’s measure to reduce ringgit volatility. Yes, this is definitely aimed at increasing the number of long term investors while keeping out short term speculators. The…

Malaysia’s modest GDP growth for 2017

Feb 14, 2017

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Remember the news about Malaysia going into a recession in 2018? Read here: Recession in 2018 for Malaysia, most sectors down Well, that’s 2018’s prediction. What about 2017? In an article in themalaymailonline.com, the gross domestic product (GDP) growth for 2017 is in the positive territory. ,This is what World Bank Senior Economist for Malaysia Rafael Munoz…

Successfully reduced volatility, that’s most important.

Feb 8, 2017

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A friend exclaimed the other day, ‘Did you know one of my friend who visited Thailand could not exchange his Ringgit because the moneychanger there did not want to accept Ringgit?’ I asked for more details but none were forthcoming. I asked who was his friend, when did it happen, which city in Thailand was…

Most wealthy Malaysians – the top 40

Feb 5, 2017

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