Assalamualaikum w.b.t.,

Hidup di dunia yang sementara ini banyak mengabui mata kita tentang matlamat kehidupan yang sebenarnya. Kita semakin terdesak dengan himpitan kehidupan dan berlumba-lumba untuk mencari kehidupan yang lazimnya lebih menampakkan keduniaa semata-mata.
Apakah ada di antara pelaburan yang semakin hari semakin kurang diberikan tumpuan? Namun, apakah kita menidakkan keperluan yang perlu kita sediakan di dunia bagi persediaan akhirat? Bagaimanakah pula pelaburan di dunia yang wajar dilakukan untuk persediaan akhirat kita? Wajar rasanya kita sama-sama bincangkan dan jadikan maklumat bersama ini sebagai panduan kita merentasi dunia untuk menempah tempat yang selesa di akhirat kelak, insyaallah.

Pandangan serta komen rakan-taulan, pak-pak ustaz, profesionalis, akauntan, hartawan, dermawan, pak/mak wan dan sebagainya boleh dikongsi untuk dijadikan panduan disamping memperkuatkan ukhwah sesama kita. Sila diemailkan pandangan anda ke mryteratak@gmail.com.


Wassalam.
5/11/2009
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Pemberitahuan: Semua maklumat di blog ini adalah pandangan peribadi melainkan dinyatakan sebaliknya. Sila rujuk kepada institusi atau badan yang berkaitan untuk maklumat lebih lanjut. Sebarang rujukan dari blog ini adalah risiko sendiri.Pengarang tidak bertanggungjawab di atas sebarang masalah yang timbul disebabkan oleh bahan diblog ini.

Saturday, January 29, 2011

Comodities Rising!!!! Kenaikan Tidak Dapat Dielakkan!!

What do you think the below will be??? Only one thing that I think now. "Kenaikan Tidak Dapat Dielakkan!!".  Everything will rise and rise again! Do you think the idea of making stock and reducing stock holding is the best way to do??? Lets think again! I believe making a change for current ruler will really bring to a very big change in saving the country.

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Thestar: Saturday January 29, 2011

A shift in dynamics has led to the exuberance in prices of key commodities

By Hanim Adnan
nem@thestar.com.my


Major structural changes in the dynamics of the global commodities scene have propelled world commodities to staggering record prices.
Crude oil, gold, coal, iron ore, copper, soybean and wheat closed on a firm note last year registering price increases of between 30% and 50% but tin and rubber are charting new highs week after week.
As of yesterday, crude oil had risen 16% to US$85, gold 20% (US$1,310), copper 37% (US$9,440), soybean 48% (US$1,390) and 45% wheat (US$839).
Over the past decade, there have been significant merger and acquisitions as well as consolidation among world steel giants, iron ore mining and fertiliser companies thus creating mammoth entities which controlled the world's mineral-based commodities.
The green fuel hype in mid-2000 also saw major food-based agriculture crops such as soybean, wheat and sunflower being replaced by corn for the production of bio-ethanol.
This had triggered a debate among world leaders, economists and NGOs on whether food crops should be shared to generate bio-diesel.
Food for thought
Global food security is in a dire situation as exceedingly high crude oil and natural gas prices had increased the cost of production. This in turn translates into higher demand for bio-fuels.
Food prices have been on the rise over the last 10 years. Rice, soybean and corn prices have reached record highs and the increasing cost of grains has led to more expensive meat, poultry, eggs and dairy products.
Strong demand from China and India have also put pressure on the prices of food commodities worldwide.
Exacerbating the situation is the unpredictable global weather which had been wreaking havoc on the production of agricultural crops.
According to the latest United Nation's Food and Agriculture Organisation and the Organisation for Economic Co-operation and Development Agriculture report, food prices would increase in the next 10 years.
“The global economic recovery, rising world population and the rapid growth in the emerging economies will also increase both the demand and trade of food commodities.”
The China factor
Credit Suisse in its Commodity Outlook 2011 says global economic growth will remain supportive of commodities with strong trade activities in the emerging economies and in the G7 countries - the US, Japan, Germany, Britain, France, Canada and Italy.
China's demand for strategic base metals and agriculture crops would be strong while the economic recovery in the G7 countries would be the catalysts to boost commodity prices this year.
“Again the development in China will be a key influence on the global supply and demand for many types of commodities this year,” says an analyst with a bank-backed brokerage.
Important issues arising from the substantial changes in commodity prices particularly agriculture-based food crops would have a significant impact on global economy and inflation.
“This has a big impact on the emerging economies which share of food prices in its consumer price baskets is higher than the developed nation.
“Most notable is China which had policies to limit food price inflation,” says Credit Suisse.
However, the risk of having food price inflation policies like price caps and trade restrictions would eventually reduce the effectiveness of price mechanism in the adjustment process.
For example, if major exporters were to impose export restrictions, the reduction in supply to the global market could result in significantly higher food prices in the longer term.
Credit Suisse expects commodities used heavily in the construction, infrastructure, production and food-based goods to attract the most demand this year. This include base metals and agriculture commodities, which would closely track the price movements of major energy-based commodities like crude oil and coal.
ETP agenda
The devastating floods in Australia early this month had led to the focus on coal. A disruption in coal exports from Australia to China could result in power shortage in factories which in turn could derail China's economy .
On the local front, commodity-related custodians are mostly positive on the crude palm oil (CPO), rubber, tin and timber this year.
Performance Management and Delivery Unit (Pemandu) director for palm oil, agriculture and rubber industry John Low says CPO status as the world's most tradable vegetable oil has prompted the Government to spruce up the upstream and downstream operations under the Economic Transformation Programme (ETP). It will focus on generating an additional RM125bil to the gross national income (GNI) of about RM178bil in 2020.
Malaysian Rubber Board’s Datuk Dr Salmiah Ahmad says many rubber estates have been cleared to make way for oil palm which resulted in a serious shortage of natural rubber and rubber wood.
Low says the contribution of RM33.1bil from upstream and RM14.1bil from downstream were based on price assumption of RM2,350 per tonne for CPO, RM2,800 for palm kernel oil and RM475 for fresh fruit bunches (FFB).
The Government is also pushing for accelerated re-planting programme mainly to clear the backlog of 365,414ha of oil palm oil trees of above 25 years old, which are largely low-yielding.
Furthermore, the targeted 26 tonnes per hectare national average for palm oil will not be just on replanting but also holistic initiatives such as implementing codes of practices, clustering smallholders into cooperatives and increasing the number of MPOB agriculture officers.
“Stringent FFB quality management at mill gates to weed out-sub standard FFB will also be implemented, compelling planters to improve quality control.
“This target is also to provide quality planting materials in the plantations and smallholders. There are planting materials available today that can give up to 30 tonnes per ha.”
The target of 26 tonnes per hectare as a national average was not impossible since Malaysia has an average yield of 21 tonnes per ha with the top 15 Malaysia companies producing an average of 24.5 tonnes per ha in 2009.
CPO which was traded 30% higher in 2010, is testing a new support level of RM3,800 to RM4,000 per tonne before the end of the first quarter this year.
Resilient rubber
As a strategic commodity, rubber is also getting special attention. The Government has allowed rubber hectarage to be maintained at one million. There will be additional one million ha via suitable land bank in Sabah and Sarawak apart from increasing replanting activities to 40,000 ha per year from 20,000 ha currently. Contribution from rubber is expected to reach RM48.9bil by 2020.
Malaysia Smelting Corp’s Datuk Seri Dr Mohd Ajib Anuar predicts that tin price may hit US$40,000 per tonne in the next five years.
Malaysian Rubber Board director-general Datuk Dr Salmiah Ahmad says many rubber estates have been cleared to make way for oil palm which resulted in a serious shortage of natural rubber and rubber wood. This situation has also made it difficult for the multi-billion ringgit domestic integrated rubber industry such as the rubber gloves and rubberwood furniture producers.
Realising the need to quickly address the short supply situation, a 10-year strategy for the rubber industry and the Malaysian Rubber Board (MRB) were launched in May last year.
The move is to ensure continued viability of a fully integrated rubber industry which holds equal importance to palm oil in the economy.
The MRB Strategies 2010-2020 covered the empowerment of the entire rubber sub-sectors - upstream, midstream and downstream.
In the upstream sector, MRB is tasked to enhance national rubber productivity through the development of high-yielding clones as well as the adoption of mechanised and automatic system in rubber plantations.
Rubber grades SMR 20 and Latex-in-Bulk are currently trading at new highs at RM16.70 and RM10.34 per kg respectively.
Tin making come back
Tin is also making a strong comeback given the consistently high tin price which is trading at record price of US$29,200 per tonne.
Malaysian Chamber of Mines president Datuk Seri Dr Mohd Ajib Anuar predicts that tin price may hit US$40,000 per tonne in the next five years. The Perak state government has enacted the Mineral Act to protect explorers and miners given the capital intensive nature of the mining business.
Malaysian Timber Board’s Dr Jalaluddin Harun targets timber product exports to achieve RM53bil by 2020.
Ajib says a revival in the mining sector should materialise if the primary mineral deposits belt on the east coast of Peninsular Malaysia is discovered by experts.
“A confirmed discovery of tin, gold, copper and other minerals could lead to a significant transformation in the local mining sector,” adds Ajib.
He says mining should be undertaken on a large scale. Unlike mining for secondary tin deposits, prospecting and discovery of primary tin deposits are capital intensive ventures that could in turn attract major foreign investors.
Timber targets
Meanwhile, timber which is not part of the National Economic Key Areas of the ETP is striving to achieve its targets under the National Timber Industry Policy (NATIP) by 2020, says Malaysian Timber Board director-general Dr Jalaluddin Harun.
The NATIP targets to achieve RM53bil in exports of timber products by 2020 based on an annual export growth of 6.4% with 60% of the exports to be derived from value-added products from 40% currently.
Malaysia will need new market expansions, usage of alternative raw materials like plantation timber i.e. biomass, fibre and agri-residues, rattan and bamboo.
The local timber industry players should also look at design, innovation and technology in the area of bio-technology, nano and high performance green buildings.

Monday, January 24, 2011

Chinese New Year of Rabbit?? Metal Rabbit? OOOOYYEEEEAH!

What is the great things start date year of metal rabbit on 4th. February 2011? The below said, there will a lot of wood element that represent wealth, indicate opportunities still exist.

What opportunity?? Change of equality in getting benefit from  country wealth? Or opportunity of total change in our country political scenario? Change to the good or change for the good or opportunity to change for the good? General election might soon appear... lets put our hand and take opportunity to make a change.

What will be on 4th. february....? OOOOOYYEAAAAH! My masihi birth aniversary on the date!!!??  OOOOYYEAAAAH! My age rise again, life become short and shorter.  Hope Allah s.w.t. bless me more this year with  prosperity and able to invest more in my ibadah bundle with a good health together.

My dreams this year to see a total change! Change what? Change what ever that should be change...

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The Star Published: Monday January 24, 2011 MYT 12:44:00 PM

FBM KLCI closes lower

By TEE LIN SAY


The FBM KLCI continued with its consolidation, as investors booked profits they had made since the Year started.
The Year of the Metal Rabbit will start on February 4, 2011 at 12.34pm. Based on the year's BaZi chart, there are lots of Wood element. As wood represents wealth, this indicates opportunities still exist.
Meanwhile, central bank meetings in Japan, Malaysia and India this week will be a key factor as policymakers, especially in Mumbai, are seen raising interest rates further to tackle price pressures.
In Malaysia, net foreign direct investment inflows have rebounded to RM21.4bil in 2010 from RM5bil in 2009 while total approved manufacturing investments surged to RM47.2bil in 2010 (RM32.6bil in 2009). We expect the economy to grow by 5.5% this year from an estimated 7.0% in 2010.
Asian stocks rose on mild bargain buying after a sell-off last week. The Federal Reserve will meet this week where it is expected to paint a cautious view of the world's biggest economy.
MIDF Research said that there was a marginal aggregate inflow of foreign funds into Asian equity last week, for the 9th consecutive week.
Foreign funds bought (net of sale), US$691mil of equity in the 6 Asian markets that we track in the third week of 2011, significantly lower than the USD1.4bil the week before. Foreign investors were net sellers in Thailand, India, Indonesia and the Philippines.
At 12.30pm, the FBM KLCI was down 7.3 points to 1,540.13. There were a total of 175 gainers and 515 losers with 265 stocks unchanged.
Tokyo's Nikkei 225 was up 0.43% to 10,319.09 and Hong Kong's Hang Seng Index was down 0.34% to 23,795.79.
Shanghai's A index was down 0.5% to 2,701.84 while Taiwan's Taiex Index was down 0.18% to 8,938.55.
Seoul's Kospi Index was up 0.17% to 2,073.45, with Singapore's Straits Times Index was up 0.46% to 3,199.15.
Nymex crude oil was up 43 cents to US$98.03 per barrel.
Spot gold was down up US$10.20 to US$1,351.20 per ounce.
The ringgit was quoted at 3.0575 to the US dollar.

Monday, January 3, 2011

TAX? SUBSIDY? INSENTIVES? ....... 2011 Budget : Who Benefit What?

Same issue as I posted in 2009, it is about unbalance, double standard, bias or what so ever equivalent terms in personal tax system in Malaysia.

Copied From: CK5354 Blog,

Dated: 10/17/2010 01:46:00 PM

A budget for big boys and civil servants

WHY no Reduce of INCOME TAX???? Below show the comparison personal tax rate of different country. We don't compare so far, just compare SINGAPORE and MALAYSIA.

A detail comparison One to One, ignore the currency exchange:
















WHY this BUDGET no benefit to RAKYAT???

If I stay at SINGAPORE, my tax rate will be 8.5 %, but in Malaysia I have to pay 19%. KANASAI.

SO Many Questions, Yet No ANSWER. 

I will use my VOTE wisely when next year ELECTION (projected).

Below is a better comment for you to think.

SUN, 17 OCT 2010 06:32

Lim Teck Ghee

COMMENT There are several ways to analyse the budget. One is to take at face value what the prime minister has written in his blog just before his budget speech where he promised that it is “a budget by the rakyat”. By it, he explained that he had read through the more than 1,000 comments and suggestions from his readers and forwarded them to the Ministry of Finance to incorporate.

According to the PM, there were three key issues raised – employment, taxes and subsidies, and education.

In his words, “employment was the most frequently discussed with some of you calling for the implementation of a minimum wage policy”. Also, he noted that “comments from the youth requested for increased tax rebates for young families or ways to provide financial assistance in managing the rising cost of living”. As for education, the feedback on his blog related to concerns with education quality and the rising cost of education.

Now that the budget has been unveiled, it is clear that the civil servants preparing the budget have completely ignored the prime minister. Firstly, the implementation of theminimum wage policy has been further deferred for the umpteenth time. The only beneficiaries of wage reform appear to be security guards who deservedly see their minimum wages raised and female civil servants who will now have longer maternity leave.

As for education, whilst there is a substantial allocation to cater for recurring operational expenditure and some new infrastructural spending, there is nothing new in the budget that can allay the number one concern of middle-class Malaysians. Especially disappointing is the failure to grant relief for private higher education costs which are rising steeply. Given the trend, it looks like higher education will soon be affordable only to those that can get into the public universities or those who have wealthy parents - and also perhaps those that can draw on financing from family members and Ah Longs.

Affordable housing has been very much in the news even if there have been few letters to the prime minister on the topic. It is now beyond the reach of many in the younger age group living in the larger towns and especially in the Klang Valley. There is no evidence in the budget of any official concern to tackle the problem.

There are also no measures aimed at curbing the rising cost of living. Why is there a lack of attention to addressing the rising costs of housing, transport and health as well as food? Part of the reason is the government’s Alice in Wonderland estimate of inflation – it has projectedva figure of 2-3% for the year. Further, according to the government’s estimate, Malaysians will be quite a bit wealthier in 2011 compared with 2010. Per capita income is expected to go up by 6.1% to RM28,000, and income in terms of purchasing power parity will hit US$16,000.

This is of course data which does not reflect real life - just a hypothetical average. The majority of Malaysians will, in fact, not only feel but will indeed be poorer rather than richer in 2011 given the relentless rise incost of living that is not reflected in the inflation data.

Returning to the era of mega high-status

One group though that will not be poorer will be the big guns benefiting from the slew of mega projects contained in the budget. They include the planned erection of a RM5 billion tower. This is a potential monstrosity which will serve little purpose except bring to a standstill traffic in that congested part of the city. It is obscene that this is being done in the name of honouring the country's heritage.

Hopefully citizen groups, residents in the area and heritage organisations can organise and bring pressure to bear on the government to stop this project before it gets off the ground.

As evidence of how poorly conceived the budget planning process has been, it should be noted that the budgeted amount for the year for all the corridor projects - which is supposed to help decentralise development and increase rural incomes and well-being in the other parts of the country - is only one-third of that allocated for this massive planned erection.

Other big ticket items such as the MRT may be economically more justifiable but they have to be closely monitored for the way in which project design, contractors and partners are selected. Already, there is talk of pre-determined winners even before the process of proper technical studies, evaluation and selection has commenced.

It is disappointing that the budget does not deal at all with the procurement issue which has resulted in wastage, inefficiency and higher costs to the average Malaysian in the last 30 years. Presumably we are going to see business as usual in the tenders for Private-Public Partnership projects and the continuation of “privatised gain and socialized losses”.

Another concern is that much of the budget continues to go into operating a bloated civil service. As much as three quarters of the national budget is spent on paying salaries and other benefits to over 1.3 million civil servants.

This means that of every dollar spent in the budget, 75 sen goes towards manning the civil service, leaving little left to carry out development work that can benefit the country's population. There is clearly something fundamentally wrong in the way the country's budget is being spent when so
much of the allocation goes to paying for a sector that is generally regarded as unproductive and standing in the way of efficiency.

Finally, this is a budget that is touted as being friendly to business. The question is not only which and what businesses will benefit but also whether the projects undertaken will benefit the country.

From the listed projects, it appears that we are returning to the era of mega high-status, expensive projects which will provide little value-added to the Malaysian economy. Projects such as the proposed RM5 billion tower should be scrapped, and the resources spent instead on the expansion of public housing, transport, health and other badly needed amenities and services that can truly benefit the ordinary people.

Dr Lim Teck Ghee is the director of the Centre for Policy Initiatives

Sunday, January 2, 2011

PRESTASI TABUNG ASB 2010

Berbaloi atau tidak???


Tahun Berakhir 31 Disember 2007    2008   2009  2010

Kadar Pengagihan                 8.00     7.00    7.30   7.5
Pendapatan Seunit (sen)

Bonus Seunit (sen)               1.00      1.75    1.25   1.25

KLCI (mata dec/31)