China - Friend or Foe?

I note with interest during the last couple of months, Malaysians took to social media to vent their anger against the apparent inaction of both Wisma Putra and Ministry of Defence against the intrusion of China's coast guard agency, known as China Coastal Guard (CGC).

National Security Council Bill

Social media in Malaysia was suddenly abuzz with the phrase words "National Security Council Bill". Out of nowhere, it was mentioned that National Security Council Bill would be tabled, and it was passed without much fight from the Opposition party.

The Opposition were crying murder, claiming the bill had been pushed through without them having much chance to go through reading it.

Frankly, I'm not sure how true is their claim. Too much politicking had been seen these lately, and I don't want to fall into another political gimmick (I had fallen to their tricks a few times too, accepting their version of the story till I got to understand them better).

So instead of relying on the words from any both sides, I decided to look into the Bill itself.  For the purpose of comparison, I will also compare the bill against Emergency Ordinance 1969 which had since been repealed and also against the Federal Constitution.

Malaysia - Defence Budget Constraint

Taking a short break from study and work.

Understand that the late Bernard Then's murder this week brought anger onto many Malaysians. The Govt's promise of a safe Sabah seems to have gone down the drain. That the Federal Govt does not care for safety of Sabahan and Sarawakian.

Love Your Country, Not Your Party

Not all is gloom with out opposition parties after all. We still do have opposition party people who care for our nation, and did not politicise defence issue for the sake of politicking.

Minimum Wage

Last Friday (23rd Oct 2015), Datuk Seri Najib Tun Razak had announced the Budget for 2016. Of all items in this budget, I noticed 1 item which I would like to highlight for its long term implication. That 1 item is minimum wage policy.

PDRM AW139 Purchase

Flabbergasted! That is how I am going to describe my feeling. No, no. It is not about Putrajaya buying 2 new helicopters at half a billion ringgit. But the reporting by TMI. You can read it here.

Expansionary Monetary Policy and Housing Developer

Expansionary monetary policy means loosening of interest rates. In Malaysia, this will be the OPR, which is Overnight Policy Rate (need to check this is correct or not).

As the interest rates are lower (loosening means to lower the interest rate), borrowing cost becomes cheaper. This encourages borrowing.

The effect on a housing developer comes in 2 ways.