i was wondering. why now we did not tie up our currency like last time 97 did? current currency is lower compare to that time tho.

also no action from our gomen to curb from continue falling. like inflasi sifar, beli barang buatan malaysia campaign like last time.

we know la ringgit weakening. but why no action wan. haiyoh

Except the degree from these foreign private universities isn't recognized by Malaysia.
Do you know the accounting degree from Sunway/Monash/Curtin is only classified as "GENERAL DEGREE"?
The accounting degree from public university is classified as "ACCOUNTING DEGREE".

This also happen with engineering degree......classified as GENERAL DEGREE.......
*I should have taken ACCA directly instead of going to private university.
(at least I am exempted from taking 9 fundamental papers.....oh well).

oic. ya. i did recall mahathir mention now our foreign capital reserve is billions and way more than 97 that he said to use it for better purpose rather than keep it stagnant.

I don't get what are you trying to say. Can you rephrase it?
Exemption by ACCA?

Low ringgit is good for tourism. Let's all sell nasi lemak at famous spot. Each nasi lemak kosong can be Sold rm 5

Never heard of this one.....

Ah, pardon me....

In any case, Ringgit drop is an serious issue for Malaysian.
Since Malaysia is net food importer, this is going to affect citizien like us.
It is enough that I need to spend RM600 for food every month. Sad.... 

The pie chart kinda misleading, Malaysian might spend thousand on electronic product, but these generally only applies to those middle income citizens.
Perhaps around 30-40% of Malaysian accounts for the 27.9% of the pie chart's electronic product. We can be certain the processed food 2.5% must be accounts for 100% of Malaysian......(who doesn't need to eat to live?)

another retard in the making of suggesting pegging.  u think this 1mdb has the ability to push usd myr from 3.2 to 3.7 in less than 6 months?

come on, 1mdb do have effect on malaysian currency depriciation, but is very minimal.

for those keep emphasizing sgd myr another record high, pls bear in mind, strong sgd vs usd which lead to strong usd vs myr is very Bad for singapore economy in mid term.

the main reason of usd strenghtening againts myr is because USD or USA will for the first time after many years to increase INTEREST RATE.

All this hot easy money when US is busy contemplating quantitative easing, or print money will eventually flow back to USA.

the main culprit of rapid drop of USDMYR is also the rubbish work of BNM that increasing rate too high from 2012 till now. instead, they should have maintain the rate till now.

Such as?
We still importing our staple rice from Thailand.....

But, BERNAS said 30 - 40% ........

http://www.bernas.com.my/index.php/2013-11-07-09-29-58

But our export slumped

Hahahahahahah

too simplistic but caused even far bigger problems now: student loan debts PTPTN (mere SPM applicants will do) and jobless graduates

the only good thing is easy money (ptptn loans) for private universities and colleges

how about quality? itu lain cerita

total cost is high enough for PTPTN to supplement loan fund from epf

its not about growth of local private universities and colleges (quantity) but the quality... if not there would not be high number of jobless graduates... but to solve the problem is relatively simple: only give PTPTN loan to minimum STPM/A-Level students

you'll see a big drop of PTPTN loan applicants, local universities colleges receive quality and really committed students (after they passed the hellish STPM/A-level), hence become quality graduates that is readily employable (and no need retraining which incure hundred millions of HRD funds again)

how about those who failed? they should be allowed to repeat as many times until they pass and then eligible for PTPTN loan. If they still failed, no worry as other options skill-based trainings (vocational, Giatmara, Akademi CIDB etc.) should be their next option rather than living off with SPM certs alone

those wanna open private college also think twice as number of qualified applicants is limited

so there you go, all those quality-quantity craps solved by itself

Government efforts in recent years to encourage young people to pursue careers that don't necessarily require a university degree have had limited success in a country obsessed with education.

are those countries also experiencing private college owners enjoying easy money from student loans fund (acute profiteering from education)..??