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Showing posts from April, 2011

Can the world still feed itself in 2050 when the global population hit 9.6 billion?

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  Well... Malaysia is an agricultural country.. Do we import food for our survival? No we don't... yes we do.. we do???? ----- Thestar: Saturday April 23, 2011 Dr Lin See-Yan analyses how the world can feed its burgeoning population of 9.6 billion in 2050. The world's population is likely to reach 9.6 billion by 2050 from about seven billion today, an increase of 38%, mostly concentrated in poor nations. Today, up to one billion people are so undernourished they can't do modest manual work. Can the world be fed? That's the challenge. Food prices reflected the Malthusian vision of population rising too fast to feed itself. Rising consumption of grains is draining global stocks fast and pushing prices to levels that fuelled riots four years ago, and widespread discontent more recently. In 2007-08, food prices soared and led some 30 poor nations to deal with food-price related riots, and Russia started to restrict exports. Again in the summer of 2010, world

Inflation up by 2.8% in first quarter

Still manageable? I think soooooo.... Thestar: Thursday April 21, 2011 KUALA LUMPUR: Inflation, as measured by Consumer Price Index (CPI), for the first quarter of this year increased by 2.8%, according to the Statistics Department. For March, inflation rose to 3% compared with a year ago while it rose a marginal 0.1% over February. The 2.8% increase was brought about by increases in the indices of all main groups except those of clothing and footwear and communication. Notable increases among these main groups with high weights were transport (4.4%); food and non-alcoholic beverages (4.3%) and housing, water, electricity, gas and other fuels (1.5%). Other increases were alcoholic beverages and tobacco (6.4%); restaurants and hotels (5.1%); health (2.5%); education (1.9%); miscellaneous goods and services (1.4%) and furnishings, household equipment and routine household maintenance (1.1%). The three main groups – food and non-alcoholic beverages; housin

Inflation and demand to lift property prices 10%-20% this year

  Who and what to be blamed for???? Foreigner??? Summary: 1) Malaysian property prices are expected to increase at an average of between 10% and 20% this year, in light of rising inflation and increase in demand. 2) Inflation in 2010 stood at 2.2% and was at 2.4% in the first two months of this year. We expect it to be higher this year due to escalating food and oil prices ,” 3) uncertainty in the Middle East. It's beyond our control and that ( rising oil prices ) will affect the other things,” 4)  What I believed, domino effect due to the above on the service sector will shoot household defisit to new high level. Nursery fees, tution fees, kindergarten fees, medical fees, saman fees, processing fees... what else will follow the trend? Lets see what else will be rewarded in coming days...  ----- Thestar: Thursday April 21, 2011 By EUGENE MAHALINGAM KUALA LUMPUR: Malaysian property prices are expected to increase at an average of between 10% and 20% this year, in light of