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.

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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.

Friday, August 30, 2013

RM Depression???

What do you feel when ringgit value drop over USD?

What will the situation effect you? Don't have idea? Then lets wait, will petrol or flour can be maintained at the current price? List your self do your basic requirement things/goods will sustained at the price? If not treat like share trading. Purchase at low price.

If you borrow money from foreigner, what currency will you use for the exchange? Yes, bingo USD. So our country James Bond in USD. So we are losing in our exchange.

Bloomberg: Ringgit Heads for Fourth Monthly Drop on Current-Account Concern

Malaysia’s ringgit headed for its fourth monthly drop as the nation’s deteriorating current-account position spurred concern among investors preparing for the Federal Reserve to taper stimulus. Government bonds rose.
The currency touched a three-year low of 3.3377 per dollar on Aug. 28 after a report last week showed the surplus in the broadest measure of trade shrank 70 percent in the second quarter. Fitch Ratings cut its outlook on Malaysia to negative from stable last month, citing public debt levels. The Fed will begin to slow bond purchases at its Sept. 17-18 meeting, according to 65 percent of economists surveyed by Bloomberg.
“The Fed’s taper has shifted the market’s focus to emerging-market asset values and imbalances such as the deterioration in current accounts,” said Nizam Idris, the head of fixed income and currency strategy at Macquarie Bank Ltd. in Singapore. “The market is re-pricing Malaysia’s assets along with all the other emerging-market countries.”
The ringgit dropped 1.8 percent this month to 3.3040 per dollar as of 10:04 a.m. in Kuala Lumpur, according to data compiled by Bloomberg. The currency gained 0.1 percent this week and 0.3 percent today. It has lost almost 8 percent in four months. One-month implied volatility, a measure of expected moves in exchange rates used to price options, rose 34 basis points in August to 9.54 percent.
Malaysia’s current-account surplus narrowed to 2.6 billion ringgit ($787 million) in the second quarter from 8.7 billion ringgit in the previous three months, the closest the country has come to recording a deficit in data compiled by Bloomberg going back to 1999.

Bonds Advance

The ringgit faces the most pressure among Asian currencies after India’s rupee and Indonesia’s rupiah because of Malaysia’s worsening current-account position and high foreign ownership of its debt, Santitarn Sathirathai, a Singapore-based economist at Credit Suisse Group AG, wrote in a research notes last week.
Government bonds advanced. The yield on the 3.26 percent notes due March 2018 fell five basis points, or 0.05 percentage point, in August to 3.68 percent, according to data compiled by Bloomberg. The rate climbed three basis points this week and was little changed today.
To contact the reporter on this story: Liau Y-Sing in Kuala Lumpur at
To contact the editor responsible for this story: Amit Prakash at

Very Best Present For All.... Cheers!!!

Lets celebrate..

At least 1% per year electricity tariff will rise due to sustainability energy subsidy. And how much will tariff rise when gas subsidy to IPP is taken back? Don't surprise, it will be the best ever present for us from our beloved elected government. Refer to the link below.

Now, budget 2014 in drafting??? Are you sure??? Or its already ready...

However, those who work with private sector, you should ask for your right in budget 2014. You will be the most affected with 2014 budget. You should think and request in 2014 budget:

1) A balance tax scheme and you should get what government worker have. Government worker their taxable income is around half from their total income. Why shouldn't you get the same?

2) Loan, as example to make a personal loan you have to pay higher interest rate around 7.95-9.5% but your counterpart in government just only 3.5-4.00%. The unreasonable higher interest rate also goes to mortgage and hire purchase.

3) Should request higher tax deduction for EPF/Insurance Premium since your counterpart in government didn't cut for EPF, they have pension scheme.

4) You should ask for medical, education and nursery tax deduction since you need to send your kids to private nursery compare to government servant they have subsidize nursery operated at office premises.

I believe as a private worker, you should benefited most from what you paid income tax? Why did you get the worst? You also should get fair benefit. Most of you working hard in industries, services and etc from early morning until sunset and should get better living. So start asking. Its open now? I think so....

#MyBudget: Share your ideas for Budget 2014!

 PieeM said, he wants to hear your idea... Do try voice your difficulties.... Even I think it is just a gimmick. Better try then don't.

1) The Star: Higher electricity bills likely

Now we have career transition scheme

2) The Star: GST implementation a must



KUALA LUMPUR: The implementation of a goods and services tax (GST) is a must and not an option.
Secretary-General of Treasury Tan Sri Dr Mohd Irwan Serigar Abdullah said at the half-year Economic Transformation Programme (ETP) update that the Government was trying its best to include it in Budget 2014 if everyone was agreeable to it.
Dr Mohd Irwan added that it would only be in place in 2015 if the Government announced it in the coming budget as it would take 14 months for the GST to be implemented.
According to him, the Government would take an overall view of the existing tax system, including looking into personal and corporate taxes, in implementing the GST.

Pantech fights back, it will take anti-dumping suit to International Trade Commission

Bumi Armada in joint venture JV with Fugro

3) Bloomberg: Malaysia Plans Projects-to-Subsidy Curbs to Contain Budget Gap


Rebates, Exemptions

Dialogues on the implementation of a goods and services tax have been underway, said Najib, who is also finance minister. “Whether this is included in the budget or not, we’ll have to wait for the budget,” said the premier, who is due to deliver his 2014 fiscal plans on Oct. 25.
GST would take 14 months from next year to implement if the government goes ahead, Irwan said. To ease the public’s burden, rebates would be given to some people and smaller companies, and some essential items like rice and baby milk could be zero-rated, he said.
A consumption tax is “a must, not an option,” said Irwan. “We are trying our best to include it in this year’s budget.”
Malaysia is on target to lower its budget deficit to 4 percent of gross domestic product this year and to 3 percent in 2015, Irwan said. It aims to achieve a surplus in 2020, he said.
“The steps announced are reassuring and will help calm fears about the large fiscal deficit and debt, and worsening current-account position,” Chua Hak Bin, a Singapore-based economist at Bank of America Corp., said by e-mail. “What will probably help are also steps to address ballooning government spending and operational costs, and not just tax increases.”

Tuesday, August 20, 2013

Unavoidable price increase, Part 2: Water??

The pending adjustment will realize soon. So your choice before PRU, now yours.


The star: Published: Wednesday April 24, 2013 MYT 12:00:00 AM
Updated: Friday April 26, 2013 MYT 12:39:24 AM

New tariff for water being planned

KUALA LUMPUR: The National Water Services Commission (SPAN) is in the process of drawing up a new water tariff.
Its chief executive officer Datuk Teo Yen Hua said that the commission would take about six months to a year to put the new tariff in place.
“The new water tariff would be more transparent and structured, and will be tied up with the key performance indicators put in place by SPAN.
“We need to have a very structured tariff mechanism so that we know what the costs are, and if those costs are efficient. Looking at the long term, we know there is a need for us to ensure that we put in enough investment to replace all the old pipes, which is a problem that all states are facing,” Teo said at a press briefing after the opening of the Water Malaysia Conference and Exhibition 2013 in Kuala Lumpur yesterday.
He said that before implementation, the commission would consult all concerned stakeholders and consumers, including the regulators.
“From there, we will try to refine and improve the system,” he said.
Malaysian Water Association (MWA) president Ahmad Zahdi Jamil said he believed that the structured tariff mechanism was the most appropriate way to increase efficiency in the industry.
“As a non-governmental organisation, our stand is simple; there is a cost that comes with delivering water to homes,” he said.
However, Ahmad Zahdi said subsidies for the less fortunate could be put in place.
Teo said that according to the World Health Organisation, water usage was about 160 litres a day per person.
“A certain block of water is required by everyone. We need to ensure that everyone can still afford that,” he said.
Ahmad Zahdi added: “According to world standards, at least 3% to 5% of a person's disposable income is taken up for the water bill.”
Meanwhile, Pengurusan Aset Air Bhd (PAAB) has formally launched its Water Asset Management Systems (WAMS), which helps to identify assets and their value, among others.
The centralised system combines three major components geographic information system, water assets and land management.
The Water Malaysia Conference and Exhibition 2013, organised by MWA and Protemp Exhibition Sdn Bhd, runs till tomorrow.
It aims to address the issue of sustainability and efficiency of water and waste-water management. It is also set to promote sustainable water management across the entire cycle of water management, from source to distribution as well as water recycling and reuse.
The theme for this year is “The Right Price for Quality Service”. More than 150 exhibitors are participating in the exhibition.

Now, the show is begin. Part 1: Tariff/Bill increase unavoidable

No one can say anything anymore. We vote then lets ride boat. This is what we call the power of power. From people to people.

The Star: Business

Published: Friday July 19, 2013 MYT 12:00:00 AM
Updated: Friday July 19, 2013 MYT 8:27:49 AM

Power tariff review up to Govt

Azman (left), Moggie and CFO Fazlur Rahman (right) at the announcement of TNB’s  third quarter financial results.
Azman (left), Moggie and CFO Fazlur Rahman (right) at the announcement of TNB’s third quarter financial results.
KUALA LUMPUR: The review in electricity tariffs “is likely to happen” sooner or later as it is difficult to sustain subsidies at present levels, according to Tenaga Nasional Bhd (TNB) chairman Tan Sri Leo Moggie said.
However, he said any decision for a reviewwould be decided by the Government and not TNB.
“Yes, there is a prospect of a review on the tariffs because the reduction of subsidies over a period of time is likely to happen,” Moggie said.
“This is why it is important from the point of view of the producer and consumers that we highlight efficiency. Not only on us (TNB) but the consumers as well. If everybody utilises electricity more efficiently, this may help to mitigate any impact that it may have should there be a reduction in subsidy costs,” he added.
Recent reports quoted Deputy Energy, Green Technology and Water Minister Datuk Seri Mahdzir Khalid as saying that the fuel cost pass-through mechanism would be implemented by the Government through TNB next year.
Mahdzir earlier said changes in fuel prices would be reflected in tariffs billed to consumers while taking into account the country’s economic performance, TNB’s and the consumer welfare.
On another matter, Moggie said that reserve margins are expected to eventually drop to 20% by 2015 from 30% presently as electricity demand is expected to grow moving forward.
TNB’s third quarter financial results ended May 31 saw its net profit jumping 153.9% to RM1.71bil while revenue grew to RM9.65bil from RM9.19bil. Its better performance was due to the increase in revenue from steady demand and lower generation costs from the lower coal price.
TNB said its bottomline before adjusting for foreign exchange translation gains stood at RM1.38bil for the third quarter.
TNB president and chief executive Datuk Seri Azman Mohd said the third quarter was seasonally the best period and demand was expected to be lower on a relative basis.

Saturday, August 17, 2013

Reported Yearly Inflaction Rate is not accurate????

Reported inflation rate 2% with many good not include in CPI. Do actual inflation rate is as reported in below article,  6% is the correct one??? You know the best.

If you always go to Pasar (market), then you can realize how the prize of wet groceries increase day by day and the quality also poor. 

From: The STAR
Published: Saturday August 17, 2013 MYT 12:00:00 AM
Updated: Saturday August 17, 2013 MYT 12:44:48 PM

To invest or not to Invest?

Warren Buffett's No. 1 rule in investing is 'Never lose your money.' - AFP
Warren Buffett's No. 1 rule in investing is 'Never lose your money.' - AFP
YOU want to grow your money, but are worried that you may lose what you have worked so hard to earn? If so, you have lots of company in this Catch-22 situation.
Most of us realise that if we don’t invest our money, it will continue to lose its value and we will ultimately fail to meet our financial goals. On the other hand, we may fear getting burnt by poor investment decisions due to perceptions about investing or previous bad experiences.
Therefore, in order to optimise our wealth, we need to find the middle ground between these extremes and put our money to work for us. But first, you need to get to grips with the potential risks and their source.
Today, anxiety about the eroding value of money is growing as accelerating inflation appears to be our constant companion, driven by both external and internal factors.
Over the last several years, we have become familiar with the concept of quantitative easing (QE), which is one form of external stimuli that can fuel inflation. QE is an unconventional monetary policy that is used by central banks to stimulate the economy when the usual medicine is not working.
In short, QE is where the central bank creates money electronically and buys financial assets such as bonds to pump money into a sinking economy. While this may help prevent businesses from going bust, it can also cause prices to soar if too much money is in circulation.
Since the global financial crisis of 2008, a number of developed economies have injected trillions of dollars into the financial system through rounds of QE. With so much money pumped into the world economy and interest rates kept super low, money has found its way into all sorts of asset classes, including commodities. As a result, prices of commodities like oil and gold have hit spectacular heights. But how do higher commodity prices affect each and every Malaysian? Well, when the prices of raw materials are inflated, producers of consumer products will face higher production costs, which are passed on to consumers.
Internal factors that affect inflation include, for example, the removal of subsidies. When this happens, as many Malaysians are finding out, the prices of consumer goods will rise. In this country, the government subsidises a whole host of essentials such as cooking oil, sugar, flour and fuel. Naturally, such subsidies come at a price – in our case it makes it difficult for the government to live within its means.
No doubt inflation is a problem and leaves us with little choice but to invest our money. Nevertheless, when we invest, we also inadvertently expose ourselves to the risk of making investment losses. The long list of investment scams like the notorious Madoff affair leaves investors wary of even the most reputable and well-regulated institutions. Until recently, many of us thought the banking system was an elite brethren of maestros – yet how times have changed. During the 2008 crisis, many unit trust funds lost 30% to 40% of their value, and investors took the hit.
Warren Buffett's No. 1 rule in investing is 'Never lose your money.' - AFP
Warren Buffett's No. 1 rule in investing is 'Never lose your money.' - AFP
The risks are higher in unregulated sectors such as land banking schemes in the UK and US and gold bullion schemes where the investor is unprotected when the value of his investments collapse.
The problem is only compounded by the wide variety of investment choices that are available for those who choose to step out from the safe sanctity of fixed deposits. Property, a traditional favourite, is holding its own, but the big question remains – how long will the good times last?
How inflation cripples your financial freedom
For the layman, inflation basically means that the prices of goods and services keep going up. According to the official statistics, our Consumer Price Index (CPI) is around 2%. However, most of us actually experience a higher inflation rate than that because we consume a lot of items which are not counted in the CPI. I estimate the inflation rate to be 4% to 6%, depending on the items you actually purchase.
Table 1 illustrates a very simple example of the impact of inflation using a 6% average increase in the cost of living and a 4% annual investment return.
Let’s look at the Capital column first. Note that if we start with RM3mil in capital and inflation averages at 6% annually, it takes only about 12 years for the value of the wealth, in today’s ringgit, to decline by 50%. In other words, if you took RM3mil and buried it in your garden, then went back and dug it up 12 years later, assuming the average inflation rate was 6% during the 12 years, your money would be worth only half as much as in current ringgit as when you buried it. And every 12 years thereafter, its value would likewise be reduced in half. So, this is the first negative impact of inflation – it destroys capital. Now, let’s look at the Income column and at the impact of 6% inflation on your investment income over time. A 4% return on RM3mil invested would yield RM120,000 annually. But at the same 6% inflation rate, the purchasing power of that income in 12 years would be only half as much as it is today.
For example, if you buy a cup of coffee for RM1.30 today, it will cost you double (RM2.60) to buy the same cup of coffee 12 years from now. Effectively, your RM120,000 income can only give you half of the current purchasing power 12 years later. A further 12 years, the purchasing power would have reduced by half once more. After 36 years, the investor would need to get by on one-eighth of the purchasing power with which he had started. As this example shows, inflation is a very serious problem.
The impact of losing your accumulated money
Psychological studies show that we feel the pain of a dollar lost twice as much as a dollar won. Obviously, none of us enjoy losing our investment capital. Table 2 helps us understand why.
Let’s assume Ahmad has invested a sum of money and is trying to achieve a 10% annual compounded return every year for the next five years. , If Ahmad loses 10% of his principal sum in the first year, he would need to achieve a return of 16% for the next four years to equal the original target of 10% for a five-year period. If he were to lose 40% of his principal in the first year, he would need to achieve 28% annualised return for the next four years to equal the original target.
As the example above illustrates, the bigger the loss on our principal capital, the higher the return on investment (ROI) we will need to generate in order to achieve our original investment target. To achieve a higher return on investment, we would need to take more risks. In short, the careless loss of current created wealth would definitely make our investment job tougher. Now we can understand better why Warren Buffett’s No. 1 rule in investing is “Never lose your money.”
Striking a balance
As you can see by now, investing involves making decisions as to where to place our money: On one end is to avoid inflation risk and another to avoid the risk of losing capital. To avoid inflation risk, one may choose to invest in high return, high risk investments such as equities. To avoid risk of losing capital, one may choose to invest in low risk, low return investments like fixed deposits. However, the ideal choice is to strike a balance by growing the investment above the rate of inflation whilst protecting our capital at the same time.
So, where are you on the scale? Do you find yourself keeping too much in savings or rather, are you exposing yourself too much to potential capital loss?

> Yap Ming Hui ( is a bestselling author, TV personality, columnist and coach on money optimisation. He heads Whitman Independent Advisors, a licensed independent financial advisory firm which has helped people to optimise their wealth and achieve financial freedom since 2000.