I was sharing my thoughts about the property market in Melaka yesterday (Yes, it’s still doing okay of course) and I touched upon the economy. I shared predictions by our Finance Minister, the IMF, the World Bank but before that I asked if there are people who thinks Malaysia will be going into a recession … Read more4.7 pct for 2018 is healthy. (Of course it is)
I like the previous CEO of EPF. (Earlier article here). I think a good CEO can do a lot, regardless of company. For current one, we will only know in a year or two later on the results. EPF has just announced the payout for 2018. I know, everyone has their own version of what … Read moreEPF’s 6.15% return? I think it’s great (for 2018).
How’s the electronics manufacturing industry doing? It’s not just waiting for official statistics. I could check with a few engineer friends from different companies. If all of them say they are working hard and expects a good increment, then I know the situation’s okay. I even bought a company’s stock when I learnt that most … Read moreImportant sign(s) for the market, not just property.
I think there has been some misconception about the banks in Malaysia. Most young people I asked would tell me that there’s no way they could get their loans approved. It seems like the bank is unwilling to lend. Their reasoning, ‘The rejection of home loans are so high!’ By the way, the banks are … Read moreBanks will loan, they just want to manage their risks
I think this article explains what I have been explaining to all my friends. The market sentiment is bad, everyone knows. However, when the right product at the right location and the right price comes alone, the demand will still be around. It’s like the whole smartphone market is not growing much but imagine iPhone … Read moreIncreasing sales for Eco World. To hit RM6 billion for 2019. How?
If we have been following the news from the construction sector, we would know that the sector is reeling from some of the mega projects cancellation and postponement. One latest one was recent too: LRT 3 is important. Please manage it well. There’s another update about the employment in the construction and property sector. Here’s … Read moreH1 2019 will see retrenchments in construction and property sector
I do not think currency appreciation directly impacts the property investment within the Malaysian property market. It helps businesses with loans in US$ too because then repayment will be easier. A strong currency also provides a positive sentiment and I think that’s very much needed in a slow property market. Perhaps too many media outlets … Read moreRinggit to strengthen further in 2019. Good news yeah?
Nomura Global Research has just downgraded Malaysia again. Nomura Global Research advises its clients to ‘underweight’ on Malaysian equities. (In brief, they are asking investors to sell Malaysia and look elsewhere) It said, “Our economists believe there is a high risk of fiscal slippage and the possibility of a sovereign ratings downgrade that could trigger … Read moreBudget deficit is on track. SST is helping.
Okay, this comes directly from our current Finance Minister Lim Guan Eng. So, this is definitely true. He said that Malaysia’s economic indicators are very encouraging. He pointed out that Malaysia’s foreign direct investment (FDI) increased 250 percent to RM49 billion in the first nine month of 2018 while exports rose to a record RM94.4 … Read moreEconomically, we are healthy, seriously. (says LGE)
During one of those political debates many months back way before 509, I told a super confident friend that whether the government changes or not, ringgit’s movement is not going to be dictated only by what happens locally. It’s a currency which is traded internationally and unfortunately it’s no longer just trade driven but sentiment … Read moreIncreasing cost of living a certainty