Search This Blog

Thursday, October 29, 2015

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.

Sunday, October 25, 2015

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.

Friday, October 23, 2015

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.

Wednesday, October 21, 2015

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.

Sunday, October 18, 2015

Malaysian Economy and Currency

During the recent depreciation of RM, many were quick to blame the nation's leadership without understanding what actually caused the depreciation.

Many did not, or rather choose not to see that the depreciation was largely caused by external factors and further worsened by some internal factors. 

Thursday, October 1, 2015

Farewell thee, Beloved Son of Malaysia

Death is unavoidable. The only question is when.

Tan Sri Yuen Yuet Leng
Nation's Unsung Hero
15 Sept 1927 - 1 Oct 2015

Today, Malaysia mourns one of her most illustrious sons, Tan Sri Yuen Yuet Leng.
Tan Sri Yuen Yuet Leng's contribution to Malaysia till today remains immeasurable. Simply because you can never quantify the meaning of peace.

Tan Sri Yuen joined the police force during a time when all police officers are marked men. The war against communist was very much at a stalemate then. And when he joined, he was yet the citizen of this nation.