China back in growth is remarkable though

Our private spending drop 18.5 and investment drop 28.9%, that's why the result so bad.

Expected the coming September, BNM will cut interest rate again.

look at China Q2. jin satki

Wow china..

ts better check back, some of the growth decline is year to year basis, while some is compared to previous quarter. different yo. example, singapore vs malaysia

This post has been edited by kastam: Aug 14 2020, 06:14 PM

Ayam prediction almost came thru

Indon, vietnam better than my

The 3 petrol stations I have access to its sales data certainly showed a much worse picture as did their marts.

The 1st station is my family foundation and trust owned station. Located in a Klang Valley suburban location. This is a very new station, only opened last February. This one is a high petrol sales station as diesel combined B10 and E5 makes up less than 10% of total volume.

2/20 :
Fuel sales : 520kL
Mart sales : RM72k
Tobacco sales : RM28k

3/20 :
Fuel sales : 390kL
Mart Sales : RM78k
Tobacco sales : RM32k

4/20 :
Fuel sales : 176kL
Mart sales : RM26k
Tobacco sales : RM7k

5/20 :
Fuel sales : 320kL
Mart sales : RM35k
Tobacco sales : RM12k

6/20 :
Fuel sales : 502kL
Mart sales : RM61k
Tobacco sales : RM17k

7/20 :
Fuel sales : 620kL
Mart sales : RM102k
Tobacco sales : RM37k

The 2nd station belongs to my estranged wife's family, this station is near an industrial area in Selangor and 2/3 of its volume is diesel. I was running this station up until last June but it seems they never changed the passwords to access the oil company's inventory management system.

2/20 :
Fuel sales : 850kL
Mart sales : RM66k
Tobacco sales : RM38k

3/20 :
Fuel sales : 520kL
Mart Sales : RM57k
Tobacco sales : RM29k

4/20 :
Fuel sales : 330kL
Mart sales : RM40k <---- Mainly selling Maggi cup noodles, masks and sanitisers.
Tobacco sales : RM2k <-------- No stocks as tobacco salesman not allowed to access.

5/20 :
Fuel sales : 310kL
Mart sales : RM28k <------ Mainly Maggi cup noodles, 100+, masks and sanitisers to PDRM, ATM & RELA.
Tobacco sales : RM9k <---------- I bought stocks off the family's station to sell here.

6/20 :
Fuel sales : 442kL
Mart sales : RM52k
Tobacco sales : RM18k

7/20 :
Fuel sales : 610kL
Mart sales : RM52k
Tobacco sales : RM29k

The 3rd station is a station I have been managing for a friend of mine while he sorts out his health issues. This one is fairly close to the 2nd station but different brand. It is a Selangor area station that has a mix of industrial, commercial and residential areas nearby. 85% of the population are Malays and many work or worked for Perodua, Genting, LaFarge and Proton. 1 in 3 households has someone working in one of those 4 companies or are civil servants.

2/20 :
Fuel sales : 1.1mL
Mart sales : RM102k
Tobacco sales : RM68k

3/20 :
Fuel sales : 850kL
Mart Sales : RM57k
Tobacco sales : RM53k

4/20 :
Fuel sales : 210kL
Mart sales : RM0 (Mart ordered to close by PBT)
Tobacco sales : RM0

5/20 :
Fuel sales : 230kL
Mart sales : RM12k (Mart reopened on 18th)
Tobacco sales : RM0 as no stocks.

6/20 :
Fuel sales : 630kL
Mart sales : RM65k
Tobacco sales : RM42k

7/20 :
Fuel sales : 980kL
Mart sales : RM92k
Tobacco sales : RM58k

Fuel sales are written in litres as there are big differences in price between February prices and that of April, May and June.

Most stations in Malaysia experienced a fairly similar drop and bounce.

Remarkable indeed. This is what CN people are doing right now..

https://www.bloomberg.com/news/articles/202...-household-debt

This post has been edited by Lim Wee Huat: Aug 15 2020, 06:11 AM

Thanks.

Can you specify which one is QoQ?

I checked, both MY and SG are YoY comparisons.

There was the UK one, but I corrected it.

This post has been edited by dotadellpro: Aug 16 2020, 11:11 AM

sorry made a mistake for SG and MY. both are apparently YoY comparisons. but thank you for double checking

Better than ukeke gf thread.

hope to see the Q3 here soon

Thailand just announced Q2 GDP 2020, -12.12....better than us. Look like Malaysia is the worst in Asean.

I reckon because Thai covid wasn't as bad in MY? their domestic production still can continue.

Haha, how about Singapore, Philippines & Indonesia? The covid case worst than us but economic not as bad as like us.

Thailand start to lockdown by end of March and start to open end of July, during the lockdown the whole tourism sector are affected, the tourism sector contribute to thailand 10-15% GDP yearly to Thailand. The lockdown should impact Thailand mostly, but look like it perform better than us.

That is easy. we suck.

Its possible we are worst in Asia if you ignore Macau (not really a country on its own).

And we could be even worst in the world, if UK didn't do so bad. So really we must thank UK for saving our face this round.

Japan q2 -27.8%