Malaysia’s inflation rate eases as fuel costs tumble – Regional – MSN Malaysia News – News

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Energy particularly the price of oil is one important factor in determining our economic situation. Yesterday,  I had a discussion with a former Petronas’s employee and he said, the fall of crude oil price, will definitely affect the performance of Petronas. As a result, the country’s income will eventually decrease.

Malaysia’s inflation rate eases as fuel costs tumble – Regional – MSN Malaysia News – News

Iklan Petronas

No Recession!!!!

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Are you kidding me??? I hope you are right Tan Sri!!!If so, he must ensure that all walks of life will be protected particularly the mainstreets and not just a few segments of society..You know what i mean!!

Harga Minyak Turun Lagi!

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Hari ini harga minyak mencatatkan harga di bawah USD44 setong, hampir mencatatkan harga terendah sejak Januari 2005. Malahan ada yang menjangkakan bahawa ianya akan turun sehingga USD25 setong pada tahun hadapan. Ini adalah merupakan spekulasi di dalam pasaran hadapan yang dinyatakan oleh Merrill Lynch & Co semalam. Ketika ini, negara sepeti US, UK dan Jepun telah pun mengalami kemelesetan ekonomi, dan jikalau ianya berjangkit ke China, sudah pasti spekulasi harga minyak tersebut, akan menjadi kenyataan.

Mungkin dengan kemerosotan harga minyak ini maka, kita sebagai pengguna akan merasakan bahawa, harga minyak yang dijualkan kepada kita akan menjadi semakin murah. Ini adalah kerana permintaan akan menjadi kurang sedangkan penawaran bertambah kerana kemelesetan ekonomi. Tetapi kita perlu ingat bahawa, akibatnya akan menjadi lebih bahaya di mana kebanyakan negara-negara pembeli minyak sperti USA, China dan Eropah akan mengurangkan kuantiti impot mereka, menyebabkan negara-negara seperti Malaysia yang mengekspot barang-barang pengeluaran kita ke sana, akan terjejas. Maka, kilang-kilang akan kehilangan bisnes dan terpaksa memberhentikan pekerja-pekerja nya kerana tidak mampu lagi membayar gaji.

Pendapatan Petronas juga akan berkurangan dan akibatnya pendapatan kerajaan juga meleset. Kerajaan telah memasukkan sejumlah RM7 billion di dalam pasaran untuk mengekalkan kecairan wang tunai, dan mengharapkan ekonomi negara akan dapat bertahan. Bank-bank tempatan juga digesa memainkan peranan dan tidak mengikat kredit dengan tidak lagi memberi pinjaman kepada pengguna. Jika ini berlaku, kesan harga minyak turun lebih banyak memberi kesan yang negatif dan bukan positif terhadap rakyat. Maka, kita perlu lah bersiap-sedia.

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Economic Tsunami : Are we safe?

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The world is facing a global recession i.e the unemployment rate is getting higher, it’s now reaching our Malaysian shore. But it is not widely reported in our mainstream newspapers or electronic medias. But, the issue now, which definitely should be discussed among ourselves that, whether our government is doing enough to protect us. May be, the political leaders want us to concentrate on other issues instead. The bickering between UMNO and its alliances on racial issues is distasteful. Also looking at our Parliamentary Session especially in Dewan Rakyat, don’t you agree with me if i say that those MPs and politicians are really wasting the taxpayers money. Should we now do something about it or apply the “just wait and see” attitude?

May be some of us have already started making noise by asking the Government to push the red alert button, but the mainstreet peoples are actually the most powerful of all. We must make the politicians aware that we no longer want to be pushed around by them either they are the pro-Government or the Opposition… This note is not intended to influence anybody and far from being seditious but it is just a point to ponder upon..i hope the imminent crisis would not be as bad if not worse than The Asian Financial Crisis 1997 and that the current government would be as smart as the government then. There is also somebody who put on a challenge on the future of our economy, I pray he would be wrong.

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A glimpse on current Malaysian Economy

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After reading the news, the words of the Governor of Bank Negara Malaysia are reassuring..but i believe, it will be a tough year ahead. Good luck everybody!!!