Life is a Highway.......just remembered this tune and used to croon while driving down to my birthplace or while perching on a hilltop somewhere within Bukit Antarabangsa. That was way before all the massive development that are in existence. Could see the whole of KL, without the KLCC, KL Tower etc of course! That was before I left this blessed country to be an undergraduate somewhere half-way across the globe.
Things changed subsequently (and apparently) when things got on the fast track and everybody was being jumpy or pushy. Suddenly everybody became rodents trying to get away with any cheese available. Wow! What change that was. Couldn't comprehend and adapt that fast...especially after having enjoyed the 3 years in a sleepy-hollow cowboy town in a southern state in the land of the free. Those years gone by.
Now, in a seemingly new place and became a corporate climber (again??!!!), my whole ballgame took a twist. Now, a caretaker of an expressway, though in a different mode, I suddenly recalled the song which I normally croon to. Come in a full circle perhaps?
Wednesday, October 27, 2010
Saturday, October 23, 2010
Support for Bloggers
This is too much. Minister is trying to block all blogs that criticise his program. If you are right, then just report the matter to MACC....which is still not done yet. Let's stop this nonsense!
Thursday, September 9, 2010
Eid Ul Fitri 2010 1431H
To all Muslim bloggers out there (if any following my blog.....tsk!tsk!), here's wishing all of you Selamat Hari Raya Aidil Fitri and Selamat Melengkapkan Puasa. Happy Holidays and Safe Driving.
Another Ramadhan had passed and we are approaching another year's Syawal. Hope there's no more casualty and fatality during the exodus and celebrations.
Let's pray, work and hope for a better year ahead.
Another Ramadhan had passed and we are approaching another year's Syawal. Hope there's no more casualty and fatality during the exodus and celebrations.
Let's pray, work and hope for a better year ahead.
Wednesday, September 1, 2010
Merdeka 53!
What a big relief to get another day of break from the rat race. We had Nuzul Quran holiday last Friday for the Selangorians and other states "yang sewaktu dengannya". A break from the monotonous life of the salaried man world. I have been complaining about my current status ever since I'm back into the rat race. You know the drill....from the self-employed life to a report-to-somebody, 9-5, stuck-in-a-traffic jam life. Anyway, that is the thick of it for the aspiring entrepreneur when he is too dependent on the economic situation to breathe O2 into his business. Maybe I have to quit complaining and embrace the wrath of God that is put unto me. "Sabar itu separuh dari Iman".
What can I say about Malaysia Independence celebration. For a start, why should we have Merdeka parade every Merdeka celebration? Is it really a requirement or is it something the f**king Mat Sallehs cook up for us? Think about it. Are we really independent? So much for the celebration, even in Ramadhan, the armed forces and the background singers have to do their gigs. Although it is done indoor (now parade can be done in indoor stadiums, you know), do we actually need a parade or something? How much did the Federal Government spend on this parade stuff? Isn't it better that the allocation is put into better things like giving alms to the poor and in need?
On to this Namewee. To me, he is just another shitstirrer who happens to like shit and that is why anything that comes out from his mouth is just pure shit and crap. Don't waste out time on this idiot monkey. If the Chinese support him, that is just too bad....meaning the supporters also have crappy brain. Hello AG! You got nothing to do ah!
Let's focus on the economy. This is the thing that put me in my present spot. Not complaining though. Remember, I will embrace gracefully. What has the Federal Government done to roll our economy to accumulate greater revenues, dividends etc? Hey, the people need these okay, especially for the aspiring entrepreneurs like me. We may not depend on government jobs but we need the economy to spur some domestic business for us to dwell in. Otherwise, we may have to depend on careers in the public or private sectors and these will not translate well in the domestic economy front. The stupids and the bebals in UMNO are already flying high and if anything happens to Malaysia, they are the first ones to eject out of the country.....leaving the pure Malaysians behind and strategise the new Malaysia. We cannot depend on the politicians whether they are in BN or PR. Both are numbskulls. One is led by a no-balls kow-tow-to-the-wife and the other is led by a jew-lover, ass-humping, snake-tongue talker. Are we really economy independent?
I guess not. If the US sneezes, Asians will get the 'flu and if the Asian sneezes, US will get the high fever. We need to come up with a strategy where Malaysia can be independent economically, thus we need to churn our domestic activities. Secondly, we need to reduce our dependency to foreign workers. Total independent may not be achievable as Malaysians are more learned and won't go for low-paying jobs. But what about our students in higher learning institutions? The Ministry of Higher Education should allow our students to take part time jobs as to supplement their fees and other necessities. At least we can reduce the student become GRO problems.
Be seeing ya soon!
What can I say about Malaysia Independence celebration. For a start, why should we have Merdeka parade every Merdeka celebration? Is it really a requirement or is it something the f**king Mat Sallehs cook up for us? Think about it. Are we really independent? So much for the celebration, even in Ramadhan, the armed forces and the background singers have to do their gigs. Although it is done indoor (now parade can be done in indoor stadiums, you know), do we actually need a parade or something? How much did the Federal Government spend on this parade stuff? Isn't it better that the allocation is put into better things like giving alms to the poor and in need?
On to this Namewee. To me, he is just another shitstirrer who happens to like shit and that is why anything that comes out from his mouth is just pure shit and crap. Don't waste out time on this idiot monkey. If the Chinese support him, that is just too bad....meaning the supporters also have crappy brain. Hello AG! You got nothing to do ah!
Let's focus on the economy. This is the thing that put me in my present spot. Not complaining though. Remember, I will embrace gracefully. What has the Federal Government done to roll our economy to accumulate greater revenues, dividends etc? Hey, the people need these okay, especially for the aspiring entrepreneurs like me. We may not depend on government jobs but we need the economy to spur some domestic business for us to dwell in. Otherwise, we may have to depend on careers in the public or private sectors and these will not translate well in the domestic economy front. The stupids and the bebals in UMNO are already flying high and if anything happens to Malaysia, they are the first ones to eject out of the country.....leaving the pure Malaysians behind and strategise the new Malaysia. We cannot depend on the politicians whether they are in BN or PR. Both are numbskulls. One is led by a no-balls kow-tow-to-the-wife and the other is led by a jew-lover, ass-humping, snake-tongue talker. Are we really economy independent?
I guess not. If the US sneezes, Asians will get the 'flu and if the Asian sneezes, US will get the high fever. We need to come up with a strategy where Malaysia can be independent economically, thus we need to churn our domestic activities. Secondly, we need to reduce our dependency to foreign workers. Total independent may not be achievable as Malaysians are more learned and won't go for low-paying jobs. But what about our students in higher learning institutions? The Ministry of Higher Education should allow our students to take part time jobs as to supplement their fees and other necessities. At least we can reduce the student become GRO problems.
Be seeing ya soon!
Monday, July 19, 2010
Absentia in Dementia
Really don't know what it means but just to tell you that I have been missing from my blog for quite awhile now. From my OWN blog!
A lot of things have surfaced throughout the first half of the year. Mainly politics and the government administrative bodies. To think that the same people who were supposed to govern policies to eradicate and avoid criminal acts are the ones who commit the wrongdoings.
On politics, I am still waiting for our PM to reshuffle his cabinet....maybe he is still busy re-arranging his wardrobe....maybe to put few more "peti besi" (safe box) in his domain due to several GLCs have lost money. Maybe the ex-PMs are also involved in this but may not be in the same cohort.
Malaysian economy is going for another surprise as the second financial tsunami is on the way to Asia, particularly South East Asian countries. How, property bubble in China is going to explode somewhat similar to US sub-prime crisis. However, Chinese government may circumvent this by continuous capital control in terms of its currency speculation and foreign exchange. As long China can maintain and sustain its trade surplus, FDIs will continue to pour.
An email just in today to inform that Malaysian government, specifically the ministers and prime minister represent the 3 types of idiots i.e. bodoh, bangang and bahlul.
Bodoh: proposed building a new parliament house at Putrajaya at a cost of RM800 million
Bangang: construction cost of new king's palace escalated from RM400 million to RM810 million
Bahlul: Government has insufficient funds to provide scholarship to students.
No relation to the above, my business has gone from small to zilch. Many thanks to the current economic condition and the haywire management of GLCs and the state funds by the 3 idiots. I am at a crossroads whether to join a private-limited company owned by a billionaire or join a private-limited company owned by a foreign millionaire. Yet to see what the millionaire will offer. The billionaire plc offered 42% from my current salary as remuneration while the millionaire has in principle agreed to give 63% of my current salary. Barring other incentives, perks and benefits, millionaire plc's offer is better. But then again, the terms have not been mutually agreed and put on paper. Just hope that the best is yet to come.
Padan muka aku!
Monday, March 1, 2010
Year 2010
It's been a while since my last posting. Well, happy new year and happy chinese new year. Talking about CNY, there were few people who told me that the economy will kickstart after the festive season. I really don't care whether it's before or after as our business situation in Malaysia has paced to the speed of snail and those who have been relying on government's spoon-feeding are getting desperate.
The victor is always the one with no backing and great entrepreneurial spirit. Yeah right! We are cracking our heads now to ride the storm and trying to make opportunities in this troubled time. Physically and mentally, you have to be prepared for the worst.
But hey, our government has just announced that the Malaysian economy grew at 4% as of December 2009. OK!? Let's see what the tide can bring us this time around.
The victor is always the one with no backing and great entrepreneurial spirit. Yeah right! We are cracking our heads now to ride the storm and trying to make opportunities in this troubled time. Physically and mentally, you have to be prepared for the worst.
But hey, our government has just announced that the Malaysian economy grew at 4% as of December 2009. OK!? Let's see what the tide can bring us this time around.
Wednesday, October 7, 2009
Oil Not Priced in Dollars by 2018?
Oil Not Priced in Dollars by 2018?
Some oil producing countries and big buyers are hatching a plan to move away from pricing oil in dollars—a potential blow to the greenback's prestige
In the most profound financial change in recent Middle East history, Gulf Arabs are planning – along with China, Russia, Japan and France – to end dollar dealings for oil, moving instead to a basket of currencies including the Japanese yen and Chinese yuan, the euro, gold and a new, unified currency planned for nations in the Gulf Co-operation Council, including Saudi Arabia, Abu Dhabi, Kuwait and Qatar.
Secret meetings have already been held by finance ministers and central bank governors in Russia, China, Japan and Brazil to work on the scheme, which will mean that oil will no longer be priced in dollars.
The plans, confirmed to The Independent by both Gulf Arab and Chinese banking sources in Hong Kong, may help to explain the sudden rise in gold prices, but it also augurs an extraordinary transition from dollar markets within nine years.
The Americans, who are aware the meetings have taken place – although they have not discovered the details – are sure to fight this international cabal which will include hitherto loyal allies Japan and the Gulf Arabs.
Against the background to these currency meetings, Sun Bigan, China's former special envoy to the Middle East, has warned there is a risk of deepening divisions between China and the US over influence and oil in the Middle East. "Bilateral quarrels and clashes are unavoidable," he told the Asia and Africa Review. "We cannot lower vigilance against hostility in the Middle East over energy interests and security."
This sounds like a dangerous prediction of a future economic war between the US and China over Middle East oil – yet again turning the region's conflicts into a battle for great power supremacy. China uses more oil incrementally than the US because its growth is less energy efficient. The transitional currency in the move away from dollars, according to Chinese banking sources, may well be gold. An indication of the huge amounts involved can be gained from the wealth of Abu Dhabi, Saudi Arabia, Kuwait and Qatar who together hold an estimated $2.1 trillion in dollar reserves.
The decline of American economic power linked to the current global recession was implicitly acknowledged by the World Bank president Robert Zoellick. "One of the legacies of this crisis may be a recognition of changed economic power relations," he said in Istanbul ahead of meetings this week of the IMF and World Bank. But it is China's extraordinary new financial power – along with past anger among oil-producing and oil-consuming nations at America's power to interfere in the international financial system – which has prompted the latest discussions involving the Gulf states.
Brazil has shown interest in collaborating in non-dollar oil payments, along with India. Indeed, China appears to be the most enthusiastic of all the financial powers involved, not least because of its enormous trade with the Middle East.
China imports 60 per cent of its oil, much of it from the Middle East and Russia. The Chinese have oil production concessions in Iraq – blocked by the US until this year – and since 2008 have held an $8bn agreement with Iran to develop refining capacity and gas resources. China has oil deals in Sudan (where it has substituted for US interests) and has been negotiating for oil concessions with Libya, where all such contracts are joint ventures.
Furthermore, Chinese exports to the region now account for no fewer than 10 per cent of the imports of every country in the Middle East, including a huge range of products from cars to weapon systems, food, clothes, even dolls. In a clear sign of China's growing financial muscle, the president of the European Central Bank, Jean-Claude Trichet, yesterday pleaded with Beijing to let the yuan appreciate against a sliding dollar and, by extension, loosen China's reliance on US monetary policy, to help rebalance the world economy and ease upward pressure on the euro.
Ever since the Bretton Woods agreements – the accords after the Second World War which bequeathed the architecture for the modern international financial system – America's trading partners have been left to cope with the impact of Washington's control and, in more recent years, the hegemony of the dollar as the dominant global reserve currency.
The Chinese believe, for example, that the Americans persuaded Britain to stay out of the euro in order to prevent an earlier move away from the dollar. But Chinese banking sources say their discussions have gone too far to be blocked now. "The Russians will eventually bring in the rouble to the basket of currencies," a prominent Hong Kong broker told The Independent. "The Brits are stuck in the middle and will come into the euro. They have no choice because they won't be able to use the US dollar."
Chinese financial sources believe President Barack Obama is too busy fixing the US economy to concentrate on the extraordinary implications of the transition from the dollar in nine years' time. The current deadline for the currency transition is 2018.
The US discussed the trend briefly at the G20 summit in Pittsburgh; the Chinese Central Bank governor and other officials have been worrying aloud about the dollar for years. Their problem is that much of their national wealth is tied up in dollar assets.
"These plans will change the face of international financial transactions," one Chinese banker said. "America and Britain must be very worried. You will know how worried by the thunder of denials this news will generate."
Iran announced late last month that its foreign currency reserves would henceforth be held in euros rather than dollars. Bankers remember, of course, what happened to the last Middle East oil producer to sell its oil in euros rather than dollars. A few months after Saddam Hussein trumpeted his decision, the Americans and British invaded Iraq
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