Anything to do with economy, budget, taxpayers money and trade
When it comes to meat protein, one of the best and healthier ones is sourced from fish and chicken meat but due to overfishing and sometimes weather, fish sold in the market is not cheap. So often we will turn to chicken especially freshly cut ones as the more affordable source for our protein source. Photo by Pixabay from Pexels
Read More »Economy 101: The Truth Behind Malaysia’s Chicken Shortage
We use palm cooking oil as the mainstream cooking oil as it is the obvious option and can easily get it as Malaysia is one of the largest exporters of palm oil in the world after neighbouring Indonesia. Of course, if one has the money, they can opt for the more expensive imported vegetable oils like canola or olive oil. Chart source: Forbes / Statista
Read More »Economy 101: Is This Why Cooking Oil Price Insanely High in Malaysia?
The curse with Malaysia is that we never had a good Government that managed the country’s economy well and often hard-earned money is spent on dumb fiscal policies & decisions that are designed to consolidate political powers and this often runs along the lines of race and religion. Just see how Singapore‘s Dollar has strengthened against Malaysia’s Ringgit in the last 14 years. Chart source: Trading View
Read More »Economy 101: Pakistan & Sri Lanka Economy Screwed By Dumb Policies & Mismanagement
Now with “everything” being online and the delivery of the ordered items pretty much safe and on time, one will not need to go out to an ordinary shop to buy. It is just a matter of clicking a button to pick, select and pay. Infographic source: Midec / Exabytes
The downside of online purchases is that one cannot be able to physically inspect the items before purchase. And I admit that I got burned more than twice of which I managed to get a refund for some and for others, a chance to throw away into the dustbin.
Read More »Money 101: Best Things I Ever Bought Via Online Shopping Part 4
The next major item that I am planning to buy online is the US-made Fluval brand fish tank set that comes complete with a large 34 litres fish tank, 3 stage water filtration system and multi-colour 7500K LED lights for the living hall. Image source: Shopee
We will need to spend extra on the accessories namely the fine white sand, aquatic plants; lava rocks and of course fishes. We had 2 other aquariums at home before but it was not attractive as we did not add the right accessories and we had to throw them away after they had a crack.
Read More »Money 101: Best Things I Ever Bought Via Online Shopping Part 3
In the 2020 Telugu movie Ala Vaikunthapurramuloo, the goons will try to force an innocent businessman to sell 50% of his profitable company shares through threats and even attempted murder. A similar plot has been the crux of the story in many Tamil, Telugu and Hindi movies in the past but only in Malaysia, there is the rule to force private companies to sell their shares and lose a controlling stake in their own companies. Image source: Twitter
Read More »Economy 101: What Is The Rationale Of 51% Share Give Away In Private Companies?
It was reported in TheStar back in February 2021 that Petronas had contributed almost RM1.2 trillion since 1976 to the national budget income. In Budget 2020, the Government projected a one-off special dividend of RM30 billion from Petronas which represented 10% of the overall RM297 billion income. The question is how long Petronas can continue to contribute significantly to the national budget? Source: Petronas
Read More »Budget 2022: Pre Budget 2022 Statement, Some Points to Ponder
Continuing with the best things that I have bought online, one of the best things that unfortunately did not last long is cheap China-made smartphones and smartphone covers.
One of the fine examples is Leagoo M8 smartphone which I bought online for RM263.20 and that was for a kill considering the phone’s specifications. In the end, I had to replace this phone as it got outdated and it had problems with the screen sensors. Image source: Mesramobile
Read More »Money 101: Best Things I Bought Via Online Shopping Part 2
My first experience with online shopping dates back to the year 2013 with me purchasing cheap phone accessories from IPMart and this was way before online shopping was the norm. Back then shopping at Lazada or Shopee was something totally new and there were not many options available. Fast forward to 2021, it is a totally different story. Infographic source: Midec / Exabytes
Read More »Money 101: Best Things I Ever Bought Via Online Shopping Part 1
Before I started watching Star Trek Deep Space Nine over Netflix, the Ferengi must have been one of the ugliest, most snobbish and profit-minded alien race in the Star Trek universe. But then watching Quark in Star Trek Deep Space Nine gave another interesting perspective on the Ferengis. Image source: Star Trek.com
Read More »Economy 101: Best of Ferengi’s Rules of Acquisition
Venezuela has the largest oil reserves in the world and yet the country is in a major crisis, not only from the aspect of the economy but also socio-political. It has now become one of the biggest economy refugees with almost 4.5 million of its population leaving the country due to economic hardships. Image source: Statista
Read More »Economy 101: Venezuela – Lessons Learned, Spoon Feeding Failure
(The year 2020 was ripe for a water heater replacement project and you need to have one of these items on standby – a proper toolbox set with the basic items like screwdrivers, hammer, pliers, etc, extendable ladder, water leakage tools, spare bulbs & cables and of course a drill. Image source: Pexels).
One of the promises that I made to my wife beginning this year was to finally replace the old, broken water heater in our master bathroom. Actually it is an old promise dating many years ago as the old water heater needed to be replaced years ago but every time I wanted to replace it, I would have forgotten about it or some overseas assignment would come and I would get busy with that. That will be the case until the next year comes and my wife would be reminding me again.
Read More »Budgeting 101: Easy Project – Fix It Yourself Water Heater 2020