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> Brunei economy crumbling? Oil exports down 25.7%!, currency peg with Singapore traps Brunei

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SUSleonhart88
post May 2 2014, 01:08 PM

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brunei only 700k population la..why malaysian not migrate there become rich? they say brunei=Norway
SUSleonhart88
post May 2 2014, 01:33 PM

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QUOTE(feynman @ May 2 2014, 01:09 PM)
400k
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10 yrs ago i studied geography 600k, where 200k?
SUSleonhart88
post May 2 2014, 01:34 PM

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QUOTE(rivost @ May 2 2014, 01:11 PM)
oil won't finish, problem is going deeper and deeper the cost would be higher and higher. minus payments to gov't cronies minus tributes to sultan minus this and that not really cost-effective to invest in such operation.

and brunei already go deep sea, those are where most of its fields lie. beyond that is disputed territories, china will go wacko

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then is it good if i invest company like nam cheong? opportunity to become rich to become rich if invest in this kind of company?

This post has been edited by leonhart88: May 2 2014, 01:35 PM
SUSleonhart88
post May 2 2014, 02:28 PM

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QUOTE(teehk_tee @ May 2 2014, 01:46 PM)
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so when is malaysia absorbing brunei?
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why malaysia wanna curi from brunei? malaysia also has steal sipadan and ligitan from Indonesia, i wonder sabah and sarawak stolen from where? because demographic of malaysia too far.
SUSleonhart88
post May 2 2014, 02:40 PM

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QUOTE(t3arsCulprit @ May 2 2014, 02:33 PM)
Say properly.. Sipadan and Ligitan is belongs to Malaysia.. Not stealing from Indonesia.. Okay?
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If prabowo become president in 2014, Indonesia will attack Malaysia to get back Ambalat, sipadan and ligitan

http://politik.kompasiana.com/2013/03/03/p...bah-538755.html
SUSleonhart88
post May 2 2014, 02:42 PM

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QUOTE(Artus @ May 2 2014, 02:32 PM)
If Brunei change the pegging from Singapore dollar to the Malaysian ringgit then, in theory,it would benefit Sarawak and Sabah because trade between Singapore and Brunei would go down due to currency conversion costs between Singapore dollar and Brunei dollar.
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what benefit?so brunei will import from sabah and sarawak? sabah and sarawak have what? what I know Singapore will find it cheaper to import from Brunei
SUSleonhart88
post May 2 2014, 02:55 PM

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QUOTE(Artus @ May 2 2014, 02:52 PM)
If you ask Sabah and Sarawak have what, then you should ask Singapore have what? It's all about trade. If a merchant in Johor finds if cheaper to buy from Singapore than Kuala Lumpur, it would buy from Singapore. What are the considerations involved? Transportation costs and currency conversion costs. Sabah and Sarawak are nearer to Brunei than Singapore, so the transportation costs can be lower and with a lower currency conversion costs due to the pegging of the Brunei dollar to the Malaysian ringgit, then the change may benefit Sabah and Sarawak. The only problem standing in the way of better trade is our current cabotage policy.

http://www.sapp.org.my/economy/110113_fmt_...tage_policy.asp
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Indonesia(Kalimantan) is even nearer to Brunei.

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