lel.. HK taxi driver monthly income also around HKD 20K la.. (thats before the covid-19 started la)

This post has been edited by brkli: Apr 21 2020, 11:55 AM

Most HK taxi driver are rent the taxi license. Had to pay few k per day and got renting hour. That why TVB drama always can see those taxi driver rush back to return car.

HK taxi license are own by ultra rich people.

Yes this. 20K in HK is roughly similar to RM2k worth of purchasing power in MY.

Bubble tea maker also rm7-8k easily for them

More like 3m rm

dllm

Means in Ringgit terms, Msians are paying more for a Big Mac than HK!

why u say this ? it is about same the price
the currency conversions seems legit same price only

This post has been edited by bereev: Apr 21 2020, 03:39 PM

OK

But the spending power of the HK salary is much much higher. Their income tax is only 17% max.

bare in mind HK practice freedom of trade , there are noting call price control means shop can free to up price even for basic essential item like rice, flour, sugar, cooking oil, Oil and gas product etc.

this is why HK ppl very pressure not only work pressure buy one can sardine also pressure need to go few shop to compare price.

there is good and bad

like face mask when we control the price our mask not enough to sell because the earning profit not big shop dun want sell it, but at HK the shop can free to put the face mask price even it is 10x higher the price, but HK never not enough face mask, it is just only very expansive. HK are suitable for rich ppl to stay, they focus to attract rich westerner to go invest and stay there.

This post has been edited by bereev: Apr 21 2020, 04:20 PM

20,000HKD = 11,327.05MYR
Huat Ah!

Yes. But there is a lot of competition. So no problem to get competitive prices.
Important you have spending power. Then you can choose to spend or not.

In Msia, max tax is 26%. Almost 10% more!
Lowest income in Msia vs that of HK? It is really 3rd world vs developed nation!

At HK Dishwasher also 8-9k HKD ady la

btw what tax is 26%

My BAD! 26% is not lowest!

600,001 - 1,000,000
On the First 600,000
Next 400,000

26
133,650
104,000

1,000,001 - 2,000,000
On the First 1,000,000
Next 1,000,000

28
237,650
280,000

Exceeding 2,000,000
On the First 2,000,000
Next ringgit

30
517,650

http://www.hasil.gov.my/bt_goindex.php?bt_...equ=11&bt_lgv=2

at city center can go up to 10k HKD included food but not include place to stay even the 20k HKD police need to find a place to stay hostel are limited to apply queue long long time

there is McRefugees in HK thouse earning 10kHKD actualy not enough to rent a room to stay, so sleep at 24hr McD.

In every city, there are always these homeless people. That includes Malaysia.

20k HKD in hong kong is like poorfag