Category: Malaysian economy and BNM
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Overnight Policy Rate on 6th Nov meeting? Non-Issue.
Remember at the beginning of this year, everyone was speculating on when would Bank Negara Malaysia (BNM) increase its Overnight Policy Rate (OPR)? It seemed so important but the latest one was no longer so important. Perhaps because no one is expecting any further adjustments until Q3 of 2015? In fact, one reason why the…
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10% buyers owns 40% of property purchases. Aiming to be that 10%?
10 percent of property buyers are the ‘owners’ of 40% of the property purchases in 2011. This has risen from 35% in 1997. This was revealed by a paper entitled “Is equality in Malaysia really going down?” This is a joint paper by the University of Malaya (UM) and Khazanah Research Institute. In laymen term,…
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Sweet 18th in the world today, Ease of Doing Business
Would the long processes of approval for new developments be a thing of the past? It may be, if Malaysia is to continue improving on its current ranking in the world for ‘Ease of Doing Business’. In the latest result, Malaysia has improved its ranking. It’s now 18th instead of last year’s 20th. The report…
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Petrol Subsidy cut totally beginning June 2015. Get ready.
Today, a friend said that she read online that from June 2015 onwards, there would be no more petrol subsidy. She was upset that the subsidy would be no more. After all the world oil prices are going down, why can’t the government just maintain the same amount of subsidy? Many people argued that there…
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Still buying property? There are lots of bad news, actually.
These days, when people talk about property, they point to the lower transaction numbers. They point to the potential oversupply in Iskandar. They talk about the units without lights at night which meant that potentially prices will fall. Everything seemed to happen domestically. Have we forgotten about the world? How about the war in Middle…
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Budget 2015: MRT Line 2 – RM23 Billion for savings in petrol subsidy by 2020?
When there are more cars, the higher the petrol subsidy would be. How about there are more cars but there are less cars on the road on week days? As of today, it still sounds unlikely to me but we will see how the people would be persuaded to use MRT once it is ready…
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Budget 2015: Tax Breaks / Relief for Individual and Corporate
GST was supposed to rationalise the tax collection so that if you consume more, you are taxed more. Especially the GST rated goods. For the essentials, as usual, no GST. Oh yeah, until today, you can still get a loaf of economy bread from Tesco for just RM2. There are 16 slices which is enough…
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Budget 2015 – Property Related, Overall Summary
Yesterday, every major newspaper has Budget 2015 as its deadline. Today, every major newspaper has Budget as its headline. Not just newspaper but every online sites and perhaps every Malaysian business related sites. Ok, what should kopiandproperty.my publish today? Haha. Yes, let’s start with Budget 2015. In a glance, everything related to property is as…
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Subsidy is not all BAD. Give to needy, not everybody.
For those who have followed my articles, you would know that I do not believe in continuous subsidy. I believe in working harder, learning more and doing better year after year. Truth is, there would be a time when the subsidy has to be fully rationalised. Subsidy is not all bad. Just give to the…
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No Adjustments to Overnight Policy Rate, so many so happy
So many forums were discussing about the rate adjustments. So many experts views were sought. Some said, it will be adjusted upwards. Some said No. Some said maybe. I said, most probably adjust and potentially remain. I think I am right. No adjustments this time. Bank Negara (BNM) has kept the rates steady and a…