Ipoh Community Forums

Ipoh Community Forums (http://forum.ipoh.com.my/index.php)
-   Investment Talk (http://forum.ipoh.com.my/forumdisplay.php?f=56)
-   -   For better or worse? (http://forum.ipoh.com.my/showthread.php?t=2502)

foon 27-09-2005 01:05 AM

What is your outlook on the economy in Malaysia(for instance emloyment rate, interest rate, inflation rate, Kuala Lumpur Composite Index and etc) in the near future? For better or worse?

Ipohite39 27-09-2005 09:55 AM

With inflation going towards 4%, outstripping returns on FD at 3%, purchasing power of consumers is further eroded. Focus on Productiviity, Efficiency and Competitiveness would continue to take centre stage. Local interests rates may shoot up as the US interbank rate hits 3.75%. Unless local interest rates are increased, we'll have a much weaker Ringgit and hence exposure to higher imported inflation.

foon 27-09-2005 11:46 PM

I39, do you notice that a topic under Investment usually end up with just you and me only? Are we this boring? [img]graemlins/roflmao.gif[/img] [img]graemlins/roflmao.gif[/img]

Ipohite39 28-09-2005 09:54 AM

Aiya, either ppl are lazy to read or too "kiamsap" to share investment info. The other possibilities are that they don't want to put things that other ppl can question, query or counter. But this is a public forum... and we are decent folks (what the heck?)

foon 28-09-2005 11:42 AM

I was thinking that most are not interested in this kind of topic. Anyway, like what you've mentioned, it is possible that some are not willing to share or some are unable to take it when being questioned on their personal views.

Babyripp 28-09-2005 01:11 PM

I'm just plain ignorant when it comes to a country's economy. Forgive coz I understand that it is important for one to know what's going on with the inflation and influx and all... Wait till I'm out there and earning... then I would certainly give much thought about the economy right? As for now, I be as thrifty as can be with the money that I was given and try to save some for emergencies. And ask someone who knows about the current economy status before buying anything huge

Oldtimer 28-09-2005 03:50 PM

Foon & I39,
Not living in Ipoh or Malaysia makes it difficult for me to contribute to the topic, 'cause I truly don't have hands on experience. What I gather comes starightly from the news media or govt. In short, I won't be able to really talk about the economic issues on a personal basis. Sorry.......
OT :cool: :(

Ipohite39 28-09-2005 04:13 PM

yeah, OT you are most excused. Foon & I were mostly refering to the folks here in Malaysia who are working or are in business themselves. But you are most welcome to pose your ideas and questions. WE would be glad to answer any that we are familiar with.

KC Wong 28-09-2005 06:14 PM

The economy is expected to go down further in the next year or so. Look at Thailand, Indonesia and Europe. things are generally much slower.

In Thailand, they now sell bread in 4 pieces per pack. People are now asking for 3 pcs per pack. Just think how things are going to be in days ahead.

Go to any restaurant now, c how pack they are now ? Spend wisely, things will be bad.......... the high crude oil is making matter worst before it can get better.

all the world money will get suck to the oil producers and it will be months before teh money gets filtered out to the rest of the world again to get it going.

Ipohite39 29-09-2005 03:19 PM

Fat trimming and downsizing is expected to continue as industries try to re-engineer themselves. Even airlines are cutting domestic flights locally. We should always try to spend RM1 to save RM1.50 or RM2 cos' it'll be harder to raise prices by RM2 without losing business to your competitors.

All times are GMT +8. The time now is 05:44 PM.

Powered by vBulletin Version 3.5.3
Copyright ©2000 - 2020, Jelsoft Enterprises Ltd.
Copyright Ipoh-Online Sdn. Bhd. (411730-W) 2006