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Day: July 20, 2024

photography of ship
Malaysian economy and BNM

Land Bridge? Financing? 15 years later? ECRL is ready in 2 years.

Many years ago, someone told me that Thailand is building Kra Canal. This is a 100km water canal from the Gulf of Thailand to the Andaman Sea, cutting across Thailand. Somehow, I confidently told him that this is not as easy as simply building it. Who will finance it? If it’s Thailand, they will be facing budget deficits or needing a huge loan in order to make it happen.

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selective focus photo of stacked coins
Malaysian economy and BNM

Do you know what’s the minimum salary around the world?

Earning a salary allows us to buy things we want and need. It’s also how demand for goods and services start which then drives more jobs and the circle continues. This is why we have multiplier effects when we speak about economic growth. Today, we look at minimum wage / salary in Malaysia and also around the world. It’s interesting actually.

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kids making noise and disturbing mom working at home
IPO / Equity / Stock Market

Why companies fall into PN17. Are you holding shares in these companies?

If we buy the bluechip counters, chances are their price is already very close to their intrinsic value and we would just need to feel confident to buy and hold it until it exceeds its current value and the share price would go up further. Some of us would prefer to just buy dividend counters and step back and get dividends every year. Good strategy too. Well, what happens if the company falls into PN17? Should we hold or should we sell?

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