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Economy 101

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

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

Palm Oil Cooking Forbes Graph

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?

Tags: Agriculture, Cooking, Cooking Oil, Economy, Environment, Expensive, Government, Indonesia, Malaysia, Money, Palm oil, Statistics, Ukraine

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

Economy Currency Sing Dollar Malaysia Ringgit

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

Tags: Budget, Bumiputera, Corruption, Debt Trap, Economy, Expense, Government, Mismanagement, Money, Najib Razak, Pakistan, Policies, Sri Lanka, Youtube

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. 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

Tags: Car Wash, Lazada, Mountain Bike Face Mask, Online Shopping, OSREN, Power Extension, Scissor, Shopee, Shopping, T6/L2 Glare Flashlight, Torchlight, USB Power Outlet, Wheel Cleaner

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 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

Tags: Electric Hair Clipper, Enchen, Hair, Hair Trimmer, Home, Lazada, Money, Online Shopping, Sandokkaebi, Shopee, Shopping, Toolbox, Washing Machine, Washing Machine Cleaner, Xiaomi

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 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?

Tags: Bumiputera, Business, Constitution, Economy, freight forwarding, Government, Money, NEM, Policy, Politicians, shareholding