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Lets see what - Economists expect interest rates to rise

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Lets see what is the economissssst  view for inflation below. What will rise or rose? 1) Inflation probably in june from 3.2 to 3.5%? due to electric tariff and non-food price hike (housing? etc!) 2)  June 1, electric hike avg. 7.12%? Why tenaga share still no momentum? 3) Expected BNM interest rate to rise 25 basis to 3.25% between july to sept? 4) RON97 up 20cent in may to rm2.90, goods price up, housing and construction cost up but in jun  down 10cent to rm2.80, goods price did not down. Why? What will happen if in july up again 10cent? Thestar: Tuesday June 28, 2011 By TEE LIN SAY  linsay@thestar.com.my   Different views on inflation pressure PETALING JAYA: Inflation will most probably rise in June, driven by increasing non-food prices and the electricity tariff hike. But economists are mixed on the longer-term trend of inflation as global energy prices have started to recede. May's inflation, up from 3.2% in April, also marks the highest rise since Ma...

Patience or Greedy or Doubt??

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Lately too busy to monitor my holding.... share... unit trust.... gold investment... (small holding now). No one knows what will happen to stock but it sign shows something is picking up, but need to monitor closely. Sometimes make people Greedy or Doubt ... For me waiting too long make me tired, doubt.... waiting too long it drop crazily .... sold too early its  fly high ...  I sold last 23/march/2011@RM0.195 after waiting for 4 years (bought at RM0.11) but really funny bunny,  its fly to RM0.40 now. Wow! super dupper. Alhamduillah still earn some to counter back to pay for zakat and some pocket money. It's hard to gain but it is Allah s.w.t. fate. So pray for your rezeki... It is always there, small or big, we should syukur what ever we get. Thank you Allah! Alhamdulillah.. . sold23/mar/2011 Digistar-wa 0.110   bought  13/4/2007 16000 1760.00 0.195 3120.00 1360.00 77.27 DIGISTAR COR BHD-WA Symbol & C...

Wow! Most likely government servant will have salary adjustment again for year 2012.

There are rumours spreading around that most likely government servant will get salary adjustment for year 2012.  Lembaga Hasil Dalam Negeri (LHDN) it is said that already been approved for salary adjustment for around 35% started 2012. Currently LHDN new intake (degree holder) starting salary at RM3700.00 + others perk. It is also believed that others government department also will be adjusted around that figure as well. Do you believe this will happen?  If this really happen, I would like to suggest to all, lets apply for government related department position. It is inflation free and won't affect your living lifestyle once rising of goods price due to reason that the ruler want us to believe for happened. Now, what I pray, hope able to adapt with this crazy rising of goods price. And pray for total change from blood sucker ruler to new ruler that able to be fair to everybody. Hope Allah s.w.t. bless me. Amin.

Pressure is on for Govt to check its expenses

  Waiting for check and balance?  It can be done if... and if.... we have BERSIH ruler... and not a blood sucker ***. How good is your pay after higher income tax rate and a double standard system of tax relief between public and private sectors? Should tax change to zakat at 2.5% rate  to be fair for everybody. Work hard, day and night just to pay a blood sucker double standard income tax. PITY... ME.... Thestar: Thursday June 16, 2011 Making a Point - By Jagdev Singh Sidhu   JUST in the past few days, Malaysians were given a head-scratching example on how taxpayer money was being used. When it was revealed that RM1.4mil was spent by the Domestic Trade, Co-operatives and Consumerism Ministry on a price comparison website, many argued the price paid to get that website up and running was too high, given its simplistic nature. Such things have now culminated in the annual reading, and eventually passing of the Supplementary Supply Bill 2011 where the Government...

TNB buys power from Singapore to ensure supply security

  Now it just happened! Do rumor is still rumor? Gas.... Oh! Gassssss!!!!  You is gassing out of well! Well.... it still okey for our country and very limited won't affect sustainable of our economy. Sustainably should import gas. Gas subsidy is no longer sustainable. Subsidy to people make malaysia economy losing momentum. Losing momentum to whom? To people or self-link-company. Do Malaysian People is a Culprit to Malaysian? I don't believe so... So who is the culprit then??? You answer yourself the answer..... I really don't know...  ----- Thestar: Thursday June 9, 2011 By FINTAN NG fintan@thestar.com.my PETALING JAYA: Tenaga Nasional Bhd (TNB) is buying power from Singapore-based PowerSeraya Ltd , a unit of YTL Power International Bhd , as a shutdown of Petroliam Nasional Bhd -owned gas production platforms for maintenance work made worse a dwindling gas supply situation. Chief executive officer Datuk Seri Che Khalib Mohd Noh said in a r...

Properties Still Get Attention???

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 Nowdays everything that we need in our life rises out of control. How much income you need to live comfortably? Higher income salary stuck in paying higher income tax and at last still equal to medium salary income. Rises of properties price give no choice to us at all. At last we live for only paying debt. With new announcement by GOvernment on buying house incentive, how many of us really can tap the opportunity? Do the package is really want to help us or to aid the self-link-developers or what? Do you believe this is no way out? I believe we still have choice if we change when we got chance to do so. Don't wait any longer. The worst is not over yet, might the worsen is on the way back... So, let see what OSK believe on properties. Can we rush for the good here??? Think and calculate the risk yourself.... How about self-link-developers UEMLAND..... do still promising???

Inflation deemed still manageable

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Thestar: Saturday May 28, 2011 By YVONNE TAN yvonne@thestar.com.my   WHILE there's fear that subsidy cuts would burden consumers heavily and inflation could spike up, this could be more perception than reality. Yeah ... ‘It is the bottom 40% who earn less than RM1,500 per month that we should be concerned about.’ In fact, economists and industry observers generally feel that the situation may still remain manageable for most Malaysians . For one, Dr Yeah Kim Leng , chief economist at RAM Ratings Bhd points out that 60% of Malaysian households, on average, earn more than they spend. “So they have a buffer to protect against rising prices. It is the bottom 40% who earn less than RM1,500 per month that we should be concerned about,” he says. Consumers, particularly in this income group will have to respond to the changing prices by adjusting their spending patterns, paying for only the essentials, Yeah says. For others, the effect of higher prices may dissipate quickly...

Gas price review long overdue

Now there are rumuor spreads about  Malaysia is going to import gas (LPG/LNG) starts next year. It is said that the gas reserve will only adequate until 2014, but now it shows oppositely.  What is going on? Do we run out of gas or what? Currently our country  specific in Peninsular are using in ratio of 58% LNG, coal (37%) and hydro (5%) for electricity generation [ Bab 6 : Minyak Gas dan Tenaga, ETP reference book] . The subsidized gas is also used by independent power producer (IPP) to produce electricity for our country. From the data below it is showed that Malaysia is at rank 8 for natural gas export. Not bad at all!! Why we have to import gas early than expected? Is it due to the growth of power demand and no new well found? Or due to gas already chartered by Japan to contra the loan that had been given (rumour source)??? I hope this is not true... What ever it is,  we will face great impacts later or sooner from the revise petrol price and electricity...

Fuel subsidy to be reviewed if oil prices reach US$110-US$120 per barrel

Inconsistency annoucement by c... goverment ministerssss.... "Ha! Ha! Ha! Ini harta Ahmad Albab yang punya...... Ahmaaaad Albaaaab! Ha! Ha! Ha! PLINK!!!!!!" In another term I think.... "Ha! Ha! Ha! Ini Petroleum Ana yang punya......  Anaaaaaa Punyaaaaaa!!!! Kah! Kah! Kah!.... Engkau satu.... aku dua.... engkau satu.... aku dua, tiga, sepuluh......". This is the best formula for subsidy cut... ------- Thestar: Thursday May 26, 2011 MYT 2:08:00 PM PETALING JAYA: The government will review the fuel subsidy if oil prices reaches between US$110 and US$120 per barrel, says Deputy Finance Minister Datuk Donald Lim Siang Chai. The government yesterday decided to maintain the prices of RON95 petrol, diesel and liquefied petroleum gas (LPG) for the time-being. "We know at this juncture, a lot of other things have also increased, including food prices and housing. So the government decided not to increase (fuel prices," he told reporters after opening Stan...

Inflation is still a concern - Malaysia

"Inflation rise? No! No! We have a measure and new economy transformation now take place... Inflation won't affect the country, don't worry.. The next measure is to rise electricity tariff and to cut so called subsidy including the rising of RON95 sooner won't affect the majority...  Who say we won't cut subsidy to make sure the sustainable of country economy development....", said The Kindergarten Finance Minister at Kampungku Tadika... ---- Thestar: Tuesday May 24, 2011 KUALA LUMPUR: Inflation may accelerate, should there be more cuts to the fuel subsidy or hike in electricity tariffs. Bank Negara governor Tan Sri Dr Zeti Akhtar Aziz said the inflation rate would be revised upwards, depending on price increases. Malaysia’s inflation rate rose to a 24-month high of 3.2% year-on-year in April after a 3% increase in March. A rise in inflation, of between 3% and 3.5%, has been priced into the central bank’s projections, Zeti told reporters yesterday f...

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...

February’s inflation up 2.9% from year-age

Row! Row! Your Boat! Hope Allah s.w.t bless us all. --- Thestar Published: Friday March 25, 2011 MYT 4:44:00 PM PETALING JAYA: Malaysia's consumer price index, which measures inflation, was 2.9% higher in February compared to a year ago on price increases in the food, transportation and housing indices. The Statistics Department said notable increases were in the transportation index (+ 4.4%), food and non-alcoholic beverages (+ 4.2%) and housing, water, electricity, gas and other fuels (+1.5%). The department said in a report Friday that compared to January, inflation was up 0.5%

Individuals to undergo stress test when applying for new loans

Wow! Very good news from our caring current ruler. The rewards given after win in previous election really marvalous. We already being paid with higher petrol price, uncontrollable increment of cost of living due to goods price hike up, higher income tax with the new terms of higher income earning economy, loan interest will continuously hike up slowly but surely, higher insurance premium going to move soon and what many else that we should say thank you, thank you to our beloved country ruler. Going to be surely up and up later or sooner tarif of utilities (from sewage, electricity, water and etc), multiple layer of goods taxes, medical cost and etc after new mandate given in coming election, do you believe so? I believed the price that we might pay for new mandate will really pricy. Will we? Do we vote for the good? ----- Thestar: Thursday March 24, 2011 By JAGDEV SINGH SIDHU jagdev@thestar.com.my Economic growth of 5%-6% seen for 2011 with inflation closely watched KUALA...

War for Oil!!

Few years ago, there rumors about war for oil. Do you believe it? Some say 2012 will be a devastating year. Will you ignore it? After Kuwait war to protect as oil control base, Afghanistan as oil shield base, Iraq oil produce base and now Libya also one of the biggest oil producer under war. Will we disregard turmoil in world economy? Business in future will thirst for fuel to grow. Population will grow further and more food needed, more fuel for consumption and many more resources needed. Do we really have everything for everybody? Do history will now repeat again? Invade for food, invade for fuel and etc! etc!. Do we prepare ourselves for business potential in coming future. I now see it! Hope I don't see in coming future. What do you see?

Can FBM-KLCI Reach 1700++ Point By Year End?

A, If Malaysia GE really this year, I believe it will be pushed up to show national economy momentum. Issue that need  a careful monitoring such petrol hike up, inflation (rising up cost of living), middle east sentiment, USD/RM ratio and etc will jeopardize new high momentum. Can below counter  be considered? GLC/Proxy?: 1) Malayan Banking Bhd (TP RM10.80), good results for 2Q already out. 2) Sime Darby Bhd (TP RM10.20) , how about the big lost last year? 3) Gamuda Bhd (TP RM5.25), who link what? MRT project? 4) SP Setia Bhd (TP RM7.70), property still intact? 5) AirasiaBhd (TP RM3.20), petrol bubble? fuel surcharge? 6) Dayang (TP RM3.40), OnG and Sarawak theme. Ref: theed...