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 USD/MYR v5

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silverviolet
post Mar 5 2017, 08:14 PM

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Any hope for RM after US interest hike....or should we consider migrating somewhere else..if yes where~
silverviolet
post Mar 5 2017, 10:04 PM

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QUOTE(Ramjade @ Mar 5 2017, 09:11 PM)
Are you kidding me? US increase rate, RM will drop further. Unless it's "pegged" devil.gif
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Thts y I am asking bout migration...sg earning power much higher...is there point of staying in msia which I am not seeing..any hope for Rm left...@@
silverviolet
post Mar 5 2017, 10:22 PM

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QUOTE(Ramjade @ Mar 5 2017, 10:17 PM)
Actually yes. ECRL. Once that is operational SG ship industry will be severely affected as ships don't need to sail downwards to SG.

They can just drop off the item at penang/port klang. Items will be carried by train over to east coast for another ship.

When tangung pelepas became operational, Singapore lost 17% of the ship business.
Read here for more info
http://investmentmoats.com/stock-market-co...stment+Moats%29

Singapore is just a temporary place for now.
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Learnt something new~biggrin.gif but the ship industry constitute how many percentage of their source of income..

silverviolet
post Mar 5 2017, 10:32 PM

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QUOTE(Ramjade @ Mar 5 2017, 10:25 PM)
Ship industry for them is big. Some of their blue chips industry are ship industry related. When the oil price tank, the ship industry was affected which cause their banks to be affected also.
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Icic.woah~
silverviolet
post Mar 5 2017, 10:33 PM

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QUOTE(xpmm @ Mar 5 2017, 10:24 PM)
malaysia is still the best country to live in la sans the umno govt. there is still hope, if rafizi become the pm we will catch up singapore in a few years.
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Hopefully la best country to live~

 

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