Anything to do with economy, budget, taxpayers money and trade
(How well we have designed our schools with the right environment that is conducive for better learning? Are we spending taxpayers money on real education that will create doctors, engineers and scientists or wasting it to create religious teachers? Image source: Wikipedia)
Read More »Malaysia 101: Why We Are Lacking Money for Schools?
(More subsidy for the “one of the most profitable” budget airlines in the world but less for the people under the Government’s economic master plan? Image source: http://www.theage.com.au)
Read More »Economy 101: Taxing Petrol Subsidy Gone But…Part 2
A long, long time ago, when the petrol price was increased, one “work-with-me” PM vowed to use the RM4 billion saved on petrol subsidy on the development of public transportation. Photo by sergio souza from Pexels
(Dr Bakri Musa’s posts have always been interesting and thought-provoking all the time and he did not waste time demolishing the foundation of the fresh-baked NEM. 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 it a serious read – it is interesting and thought-provoking.
(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? Image source: Research Gate)
Najib has just launched NEM or in full, New Economic Model (some says identical to Pakatan Rakyat’s economy model) which supposedly replaces the New Economic Policy. But the question is what the impact on Malaysia and its people is?
(Face of Malaysian politicians – look lost when confronted with serious issues and prone to put their heads in the ground hoping the issues will be resolved on their own. Image source: http://www.hedweb.com)
(The economy from the dark side of the world that does not follow the standard banking terms and rules counts on a well-oiled hawala system to handle its millions – source: IMF)
Read More »Economy 101: Hawala System – Economy Treason Or Alternate?
(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:-
… [Click to read the rest] “2 Tier Fuel Pricing System: Please Don’t Fuel Stupidity”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.
When the announcement on the fuel price was made, the Indian Restaurant near my work place lost not time increasing the food prices.
It cost us more now for breakfast and lunch at this restaurant now – teh tarik went up from RM1.00 to RM1.20, burger up by another 20 cents and roti canai up by another 10 cents.… [Click to read the rest] “Economy 101: 30 Cents Fuel Price Increase – Time to Boycott Some Restaurants”
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)
… [Click to read the rest] “RM100 isn’t much today”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!
The heat is on for 6/49 Sports Toto Jackpot now standing at RM12.7 million. The fever is everywhere with small time punters dreaming of striking the big one. The fever has not escaped my office and already there are “consortiums” to pool the money to purchase the tickets. I would not deny it; I am also part of a “consortium” hoping to strike the big one myself.