Category: Malaysian economy and BNM
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Economy Malaysia summary: Inflation is 2.2%. Net financing at 4%. Gross impaired loans at 1.7%. Means what?
It’s important to always note whatever people say by looking at actual numbers. They say market is bad, ask them why they say so and ask them to elaborate and ask them for the numbers supporting what they say.
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Selamat Hari Merdeka 2021 my dearest Malaysia
One poster says it all. No other words can describe my love for Malaysia. How I longed to come back to Malaysia after completing my studies in the UK. How I will not shy away from any ‘debate’ if someone were to say something wrong about my country. Well, it’s 31st August 2021 now. Happy…
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16.1% GDP growth in 2Q 2021! Okay, that is because…
16.1% growth in 2Q 2021! Okay, that is because… Here’s that full report from Bank Negara Malaysia for our 2Q 2021 growth yeah. Click here to refer to the full article. So, the number is real and not some numbers plucked from the sky. By the way, quarter-on-quarter basis (means versus 1Q 2021, we actually…
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Expansion of tax base is very important. GST is a good solution.
kopiandproperty.my readers would know that I am for Goods and Services Tax (GST) and not for Sales and Service Tax (SST). There are certainly good reasons and advantages of GST which is a tax implemented by over 160 countries around the world. Yes, that includes that country everyone loves to compare us against, Singapore. Or……
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Key Highlights of the Revised Reference Rate Framework
Bank Negara Malaysia (BNM) has announced a revised reference rate framework (RRF). Full article here in BNM’s website) This will be effective from 1st August 2022. (NEXT YEAR, not immediately) Briefly, first part to this revision is to have a Standardised Base Rate (SBR) across all banks. This will be linked solely to the Overnight…
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Negative? Economic growth, employment and inflation for Malaysia.
In 2020, Malaysia’s GDP growth was a negative one. Minus 5.6% to be exact. We have not been in minus growth for a very long time. Let’s hope it’s only just for 2020 yeah. What about the GDP growth by state? Which state is actually performing better than others and which are the states which…
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Inflation is 3.4% in June. Exports? Ringgit? More updates from BNM
Inflation is 3.4% in June. Exports grew 27%. More updates from BNM Please note that inflation is just a measurement. It is not necessary bad unless it’s too high and kept moving up too fast. When it’s very low, it also does not mean that it’s good because when it’s low, it may also be…
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Economy Malaysia: Bouncing Back most likely. Who said that?
I am always positive with Malaysia. I meant our diversity of food. 🙂 Okay, for economy Malaysia, please do read what HSBC Group has to say. If you are not going to accept and prefers to read bad news, then skip this article lah. Remember whatever you believe take the appropriate actions. Do not just…
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Vaccination and Economy. Wow, they are related!
Actually, I have written about the importance of looking at the right numbers versus the wrong ones. (Earlier article here) We need to so that we can live with Covid-19 and not trying to stay away which no country has been able to until today, not even the ones who seemed to have it under…
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Oh dear, 580,000 businesses facing closure by October
Before we start today’s topic, this is the explanation about fatigue. “Fatigue is a symptom, not a condition.” Second thing we should know is this. “Facing Closure” and “already closed down” are very different thing as well. For both cases, whether it’s fatigue or facing closure, it tells us that something could still be done in…