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
Important notice where money and loans are concerned. Article in thestar.com.my here. Nomura Research warned in its recent 2019 outlook report, that a number of countries in Asia including South Korea, Greater China, Singapore, Thailand and Malaysia may be experiencing a sudden shortage in the availability of money for lending, leading to a decline in loans available. … Read more‘Money not enough’ from beginning 2019 till July 2019
Is the Malaysian economy in trouble? Statistically, no. Sentiment wise, we may really be. Every time anyone sees news about people losing their jobs because the company was closing down, it’s due to the economy. Whatsapp messages become viral and everyone is alarmed of the situation. Never mind that the total unemployment is still very … Read moreWhat a ‘BAD’ Malaysian economy.
If we really want to create a more positive sentiment, articles like these should be forwarded. Just plain numbers versus everyone else. This is NOT a prediction from some property experts about some bad potential happenings. This is the title: “Malaysia beats emerging market peers as Asia outshines.” Article is from The Edge Financial Daily. … Read moreThe BEST among peers. This is worth sharing Malaysians.