Consumer Groups: Don’t Panic Over Ringgit Drop,, Just Buy Made-In-Malaysia More News
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 Jul 7 2015, 10:17 AM
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#1
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Last time in year 1998, there were many investors putting their money in Malaysia, that why pegged currency somehow 'worked'.
This time, not many investors left, peg the currency also useless. This minister is an idiot. Does he know most of our food import from our neighbour nation? Rice for thought? Malaysia is a FOOD importer nation for pete sake. |
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Jul 7 2015, 10:24 AM
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#2
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QUOTE(JoeYoung @ Jul 7 2015, 10:19 AM) During the Asian Financial Crisis in 97, Koreans give up their gold to help their country. I agree......when I got all B for my STPM, I wasn't accepted by any public university.Call me unpatriotic, but should pendatang like me that didn't went to public university due to quota care much? Nope.  Maybe my result is poor and I somehow accepted the outcome, but then.....one of my Malay friend who only got 1C and 3 subject failed for his STPM got accepted into public university...... I was like.....seriously?  This post has been edited by JohnLai: Jul 7 2015, 10:25 AM |
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Jul 7 2015, 10:30 AM
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#3
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QUOTE(pandah @ Jul 7 2015, 10:28 AM) well, better cakap ada rumput boleh makan lagi, bersyukur lah wahai kambing semua Our digestive system cannot process the grass into energy  |
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Jul 7 2015, 10:39 AM
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#4
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QUOTE(JoeYoung @ Jul 7 2015, 10:34 AM) To think that was a blessing in disguise seriously. Currently holding UK degree and masters. Salary not in MYR.  Congratulation for you. I still stuck in Malaysia doing account/tax/audit. |
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Jul 7 2015, 10:56 AM
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#5
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QUOTE(Artus @ Jul 7 2015, 10:48 AM) The 1997-1998 Asian Financial Crisis did something good for the education sector in Malaysia. Because of the crisis, we had realized it was stupid for us to waste precious foreign exchange by sending our children to study overseas. From then onwards, the gov encouraged the setting up of private universities and colleges so now we have hundreds of them. 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). |
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Jul 7 2015, 11:08 AM
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#6
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QUOTE(Artus @ Jul 7 2015, 10:59 AM) I thought, in the case of accounting degrees, the local unis were also not given the exemption already? I don't get what are you trying to say. Can you rephrase it?Exemption by ACCA? |
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Jul 7 2015, 11:23 AM
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#7
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QUOTE(Artus @ Jul 7 2015, 11:20 AM) I thought I have read somewhere MIA wanted to remove the exemptions given to a list of local universities from its QE.  Never heard of this one..... |
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Jul 7 2015, 11:30 AM
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#8
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QUOTE(paskal @ Jul 7 2015, 11:27 AM) he'll derail the thread to ACCA vs everything else. Ah, pardon me....let's not do that. 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....  |
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Jul 7 2015, 11:35 AM
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#9
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QUOTE(FlamingFox @ Jul 7 2015, 11:34 AM) This means don't buy Toyota, buy Proton But proton component isn't locally sourced..... |
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Jul 7 2015, 11:47 AM
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#10
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QUOTE(Artus @ Jul 7 2015, 11:36 AM) Food imports constitutes a very small part of our total imports. http://www.matrade.gov.my/en/malaysia-expo...t-products-2014 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?)  |
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Jul 7 2015, 11:55 AM
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#11
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QUOTE(Artus @ Jul 7 2015, 11:50 AM) Maybe you forgot that we also produces a lot of food ourselves? Such as?We still importing our staple rice from Thailand..... |
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Jul 7 2015, 12:01 PM
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#12
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QUOTE(Artus @ Jul 7 2015, 11:58 AM) Don't tell me you don't know that we produce most of the rice that we need? I think only 30% is imported. But, BERNAS said 30 - 40% ........http://www.bernas.com.my/index.php/2013-11-07-09-29-58 |
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