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Economy 101

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

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 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

Tags: Budget, Economy, Federal Government, Government, Infographic, Malaysia, Management, Money, Petronas

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 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 In the end, I had to replace this phone as it got outdated and it had problems with the screen sensors.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

Tags: Dashboard Cover, Health, Himalaya Acne Cream, Money, Online Shopping, Philips Electric Shaver, Products, Sewing Kit

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

Online Shopping eStore Lazada Shopee

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

Tags: Budget, Cheap, Dashcam, EStore, Lazada, Online Shopping, Shopee, Technology

Economy 101: Best of Ferengi’s Rules of Acquisition

ferengi rules of acquisition economy business

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

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Tags: Business, Customer, Economy, Fantasy, Ferengi, Guide, Leadership, Quality, Quote, Risk, Rules, Salesman, Series, Service, Space, Star Trek, TV show

Economy 101: Venezuela – Lessons Learned, Spoon Feeding Failure

Statista Venezuela refugees economy

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

Tags: Anton Lyadov, Economy, Global, Government, Malaysia, Middle East, Mismanagement, News, Petroleum, Politicians, Ricardo Hausmann, Venezuela, Youtube