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Economy 101

Anything to do with economy, budget, taxpayers money and trade

Economy 101: Seriously, Is Malaysia’s External Debt As Bad As Sri Lanka?

Sri Lanka Riot External Debt

COVID-19 pandemic, and have driven some countries into severe external debts that they were unable to recover from and this saw massive public riots that had driven the involved out of their country. One such example is where the President of the country had fled the country and the country is in a major riot. Image source: BBC

Read More »Economy 101: Seriously, Is Malaysia’s External Debt As Bad As Sri Lanka?

Economy 101: The Truth Behind Malaysia’s Chicken Shortage

Fried Chicken Food KFC

When it comes to meat protein, one of the best and healthier ones is sourced from fish and meat but due to overfishing and sometimes weather, fish sold in the market is not . 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

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Economy 101: Is This Why Cooking Oil Price Insanely High in Malaysia?

Palm Oil Cooking Forbes Graph

We use palm as the mainstream oil as it is the obvious option and can easily get it as is one of the largest exporters of in the world after neighbouring . Of course, if one has the , they can opt for the more imported vegetable oils like canola or olive oil. Chart source: Forbes / Statista

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Economy 101: Pakistan & Sri Lanka Economy Screwed By Dumb Policies & Mismanagement

Economy Currency Sing Dollar Malaysia Ringgit

The curse with is that we never had a good that managed the country’s well and often hard-earned is spent on dumb fiscal & decisions that are designed to consolidate political powers and this often runs along the lines of race and religion. Just see how ‘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

Money 101: Best Things I Ever Bought Via Online Shopping Part 4

Online Shopping eStore

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. 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

Money 101: Best Things I Ever Bought Via Online Shopping Part 3

Fluval Fish Tank Aquarium Online Pet

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 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

Economy 101: What Is The Rationale Of 51% Share Give Away In Private Companies?

Ala Vaikunthapurramuloo Telugu Share

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 , there is the rule to force private companies to sell their shares and lose a controlling stake in their own companies. Image source: Twitter

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Budget 2022: Pre Budget 2022 Statement, Some Points to Ponder

Petronas Budget Expenses Government Financial Economy

It was reported in TheStar back in February 2021 that had contributed almost RM1.2 trillion since 1976 to the national income. In Budget 2020, the 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

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Money 101: Best Things I Bought Via Online Shopping Part 2

online Leagoo M8 smartphone

Continuing with the best things that I have bought online, one of the best things that unfortunately did not last long is 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

Money 101: Best Things I Ever Bought Via Online Shopping Part 1

Online Shopping eStore Lazada Shopee

My first experience with online dates back to the year 2013 with me purchasing phone accessories from IPMart and this was way before was the norm. Back then shopping at or was something totally new and there were not many options available. Fast forward to 2021, it is a totally different story. source: Midec / Exabytes

Read More »Money 101: Best Things I Ever Bought Via Online Shopping Part 1

Economy 101: Best of Ferengi’s Rules of Acquisition

ferengi rules of acquisition economy business

Before I started watching Deep 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

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Economy 101: Venezuela – Lessons Learned, Spoon Feeding Failure

Statista Venezuela refugees economy

has the largest oil reserves in the world and yet the country is in a major crisis, not only from the aspect of the 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