today is friday ting ting ting day.. 4pm coming soon..
f

yeah friday end of trading week,  how's the KLCI been .....ranging 1495...

possibly going down south further.......

seeing red......

Vietnam devalues currency by 8.5 percent
By TRAN VAN MINH,Associated Press - 1 hour 18 minutes agoSendIM StoryPrint
HANOI, Vietnam – Vietnam devalued its currency Friday by 8.5 percent as the Communist-ruled country grapples with double-digit inflation and a widening trade deficit.

The State Bank of Vietnam said in a statement on its website that the U.S. dollar will buy 20,693 Vietnamese dong compared with the previous rate of 18,932 dong per dollar. The statement also said the bank has narrowed the band in which the dong can move from 3 percent to 1 percent.

Vietnam, one of the fastest-growing economies in Asia after China, has been struggling to keep its rapid expansion on a sustainable footing. Growth has averaged more than 7 percent annually over the past decade but last year the country's inflation rate hit 12 percent and the trade deficit stood at $12.4 billion.

Pham Chi Lan, a former government economic adviser, said the devaluation "is what needs to be done" even though it may hinder goals of curbing high inflation. A weaker dong would make imported goods more expensive, adding to price increases.

She said the authorities had held the dong at an artificially high level for too long, but warned other steps must be taken to overcome a growing trade deficit and high inflation.

"Curbing inflation depends on controlling state investment and the state-owned economic sector, which needs to improve efficiency," she said.

In December, Moody's Investor Services downgraded Vietnam's foreign currency bond rating to B1 from Ba3 and kept the outlook as negative, meaning it could cut the credit rating again.

The move came as the state-owned shipbuilding conglomerate Vinashin defaulted on its first repayment of principal due on a $600 million loan from a group of creditors led by Credit Suisse. The company nearly went bankrupt last year, drowning in $4.5 billion in debts, equivalent to 4.5 percent of the country's gross domestic product in 2009.

Friday's move was the fourth devaluation of the dong since November 2009. In the official market, the currency can now trade as weak as 20,900 dong per dollar, which is closer to the rates available in the widely used black market.

On Friday morning, the dollar was selling for 21,550 dong on the black market, up from 21,300 Thursday.

not bad can have carlsberg still rich enough ..... i only have chinese tea at home

Suncity lowest in 2 months.......
Offer price 5.20.. now 4.20... cheap ?

Go ahead to south.. Already boh rasa.. Hahaha..
Today need to drink Carlsberg + eat satay rabbit

wah....  what happen if it goes to 1480/1470.....

well my portfolio already red.....so  don't worry be happy 

Then you will see me dancing in the street of Raja Chulan.. Collecting coins from the street people

Then you will see me dancing in the street of Raja Chulan.. Collecting coins from the street people

Then you will see me dancing in the street of Raja Chulan.. Collecting coins from the street people

Brilliant one, collecting coins to buy more shares.

Wow, today Taiwan's turn. -2.xx%

One takes turn another.

Indonesia Bangladesh, India,.....

Yesterday KLCI also -2%.

Is it goog buy now  Any comments

HK n China still green wor... so 
Gov support ka?