What so new in NEM? – Part 2

(Bakri Musa’s posts been interesting and thought provoking all the time. Image source: http://alifbata.net/)

For those who have not read M Bakri Musa’s excellent post on NEM titled “NEM and NEP – Only One Letter Different!” you should give a read – it is interesting and thought provoking.… [Click to read the rest] “What so new in NEM? – Part 2”

What so new in NEM?

(Najib’s NEM – looks good on paper but will it stick in reality? Can Malaysians afford to make that leap of faith with Najib’s ideas and face the world?)

Najib have just launched New Economic Model (some says identical to Pakatan Rakyat’s economy model) which supposedly replaces the New Economic Policy.… [Click to read the rest] “What so new in NEM?”

1Economy Treason

This is not only alarming but it is getting out of hand…

(The workings of a well oiled hawala system – source: IMF)

This should have caused alarms to go off in the offices of the PM, MACC, Police and any other law enforcement agencies linked with fight of corruption and finding and prosecution of traitors of nation’s economy:-

The case came out in the open when Batu MP Chua Tian Chang revealed that Negri Sembilan MB Datuk Seri Mohamad Hasan had used Salamath Ali money changers in KLCC Suria to send RM10 million to London.

[Click to read the rest] “1Economy Treason”

What! Reduced by 20 cents?

(Image source: Masak-Masak Blog)

It’s a surprise but the price of the thosai at a restaurant near the workplace has indeed reduced by 20 cents. What surprised me what not the amount that they reduced but the fact that they actually took the trouble to reduce the price.

The bloody restaurant has been milking unreasonable profit for several months (since the last fuel hike) now and it is the last place I expect a reduction in the price of food (the price of a teh-o still remains unchanged).… [Click to read the rest] “What! Reduced by 20 cents?”

Fiction or Fact?

This headline grabbed my attention:-

Expect cheaper food, Shahrir tells Malaysians

Ya, as many things, we Malaysians have been expecting price of many things to go down after the reduction of fuel price. One thing we have yet to see coming down is the price of food.

So, Shahrir, its “nice” to hear that cheaper food is on the way to the level of fellow Malaysians but it has to pass the huge hurdle of greedy food sellers, suppliers, transportation companies and producers / manufacturers.… [Click to read the rest] “Fiction or Fact?”

2 Tier Fuel Pricing System: Please Don’t Fuel Stupidity

stupid

(Photo source: http://skiingthealps.com)

Just assuming that this is what was truly said, it just reaffirms the notion that stupid statements can also comes from anyone including the oppositions.

From theStar:-

JOHOR BARU: A two-tier fuel pricing system for foreign registered vehicles will adversely affect the economy of the city.

Johor DAP chairman Dr Boo Cheng Hau said such a move would inconvenience both foreigners and local businesses dependent on the Singaporean clientele.

[Click to read the rest] “2 Tier Fuel Pricing System: Please Don’t Fuel Stupidity”

RM100 isn’t much today

An interesting topic in The Star today and I must agree there that RM100 is indeed not much today but is it?

Now let’s see that again based on my daily expenses

A) When I was studying Law part time and working full time (almost 10 years ago)

Transportation: RM2.00 bus fare to and fro my house to KL (then I walk from the bus station to my work place, almost 5 kilometers away and walk again to the college – no wonder I was slim and very healthy then)

Food total: RM3.50 based on RM1.00 (“nasi lemak biasa” or 3 kari-puffs, either one for almost everyday!

[Click to read the rest] “RM100 isn’t much today”
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