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Friday, November 17, 2017

BILA PULA ZAHID HAMIDI NAK MELAWAT ANWAR?

Pelbagai spekulasi segera berlegar di ruang atmosfera politik negara berikutan kunjungan tak diduga Najib Razak terhadap Anwar Ibrahim yang kini berada di Hospital Kuala Lumpur selepas menjalani pembedahan bahu, Ahad lalu.
Turut bersama dalam lawatan Najib itu ialah isterinya, Rosmah Mansor serta isteri Anwar, Dr. Wan Azizah Wan Ismail yang juga Ketua Pembangkang di Parlimen.
Dikatakan bahawa pemenjaraan Anwar sekarang ini adalah atas konspirasi yang didalangi Najib sendiri kerana Saiful Bukhari Azlan diketahui ada bertemu beliau (ketika itu masih Timbalan Perdana Menteri) sebelum membuat laporan polis mendakwa dirinya diliwat dan kemudian dalam pembentangan Bajet 2018 lalu, Najib turut mempersenda nama isteri Anwar itu, sedangkan yang dirujuknya ialah seorang pengusaha ayam, kedatangan Perdana Menteri melawat bekas Timbalan Perdana Menteri itu memang agak mengejutkan banyak pihak.
Apakah tujuannya?
Apakah Najib kini sedang cuba menagih simpati rakyat berikutan asakan Tun Mahathir kian membuatkannya semakin lemas menghadapi PRU 14 akan datang?
Mungkinkah dengan kunjungan Najib ini, Anwar akan terus dibenarkan berada di HKL menjalani rawatan sehingga keadaan bahunya benar-benar pulih?
Atau tidak mustahilkah Anwar akan dibebaskan lebih awal dari Penjara Sungai Buloh?
Jika sebelum ini, Tun Mahathir sedia berdamai dengan Anwar untuk menambahkan kekuatan bagi menjatuhkan Najib, apakah kini Najib juga menggunakan pendekatan yang sama iaitu mencari Anwar untuk tujuan mengekalkan kuasanya?
Kalau begitu, adakah kunjungan Najib ini merupakan permulaan kepada babak-babak lain yang lebih menarik untuk mengkucar-kacirkan Pakatan Harapan yang nampaknya macam mustahil akan diluluskan oleh Pendaftar Pertubuhan?
Adakah dengan mengunjungi Anwar yang mungkin adalah petunjuk untuk berbaik-baik dengan PKR menunjukkan sokongan Pas kepada UMNO dan BN selama ini masih belum cukup untuk Najib mencipta kemenangan dalam PRU 14 akan datang?
Apakah nasib Pas selepas ini?
Namun demikian, apakah tidak keterlaluan kiranya kunjungan Najib kepada Anwar ini sekadar ziarah kepada bekas rakan lama di mana mereka adalah gandingan yang pernah memegang jawatan Ketua Pemuda UMNO dan Naib Ketua Pemuda UMNO suatu ketika dahulu?
Cuma, bila lagi agaknya Zahid Hamidi yang dulunya merupakan pengikut setia Anwar mahu menziarahi bekas bossnya itu di HKL pula?
Kalau hanya tidak lama selepas dilantik sebagai Timbalan Perdana Menteri, Zahid Hamidi boleh mengunjungi Tun Mahathir, adakah tidak boleh beliau meluangkan masa menziarahi Anwar yang banyak berbudi kepadanya?
– http://shahbudindotcom.blogspot.my

2018 THE YEAR OF ‘CLOSE SHOP MALAYSIA’? ALREADY, PETROL IS BEING SOLD IN BOTTLES AS POOR MALAYS CAN NO LONGER AFFORD TO FILL UP

ECONOMY GRINDING TO A HALT – PETRONAS JALAN BANGSAR TUTUP, MCDONALD’S (LOWER GROUND FLR) MIDVALLEY TUTUP.
First here is more “tutup kedai”, “tutup kilang” and “tutup pintu” news from around Malaysia. 
I did not create this news ok. I am merely “re-reporting” what has already been reported.
Jangan marah saya tau.
  • companies shut down because of (GST), says 2nd Finance Minister Johari Abdul
  • Malay Chamber of Commerce M’yia told Malaysian Insight on Oct 20 GST caused many Malay businesses to close shop.
  • Customs collected RM41.2b GST last year – higher than RM39b target set.
So at last the Minister himself agrees that the GST  has caused companies to shut down.
I have been saying this since BEFORE the GST was implemented.
I have been saying this for over THREE YEARS now.
You implement the GST, you kill the economy.
Here is more “tutup pintu” news :
  • Govt: 40 foreign companies moved overseas in past 4 years
  • MITI Minister Mustapa Mohamed told Dewan Rakyat
  • 40 foreign companies closed, moved to other countries since 2013.
  • written reply to question from Fong Kui Lun (DAP-Bukit Bintang)
  • drop in sales, demand, weak market environment among factors
Again I did not say this either. It is Dato Mustapha Mohamed the Minister of the MITI who said this.  40 foreign companies have moved out of Malaysia in the past four years.
 Now here are some comments on the GST by my friend Dato Akbar Ali, the former Senator from Melaka and the former Head of the UPEN Melaka (Economic Planning Unit, Melaka). Dato Akbar Ali is trained in Statistics and Mathematics.
ECONOMIC TSUNAMI!!!
  • Private consumption is our major economic driver
  • contributing >60% to our GDP.
  • It’s reflected in the retail sales.
It’s now under stress.
Recently it was reported that 6 Giant outlets were closing down.
A few Aeon outlets have also closed down but were not publicised.
Same with Parkson & NSK.
Main reason: poor sales.
Some were blaming on the GST.
Many hyper stores also recorded lower sales.Overall, most hyper stores recorded lower sales.So imagine if prices increased by say 5%.
Negative sales are 10%
So if one hyper store  chain does RM3b sales per year,  hence sales are down by RM300mNot counting yet, lower margins trying to keep turnover from dropping further.
Very stressful indeed.
So imagine if one adds up the sales of Giant RM5b + Tesco RM5b + NSK / Econsave RM2b + Aeon RM3b = RM15b !
They would have lost sales of at least RM1.5b !!
IT’S AN ECONOMIC  TSUNAMI!Our economy/GDP will definitely be impacted.
Higher unemployment, lower income and increased poverty will be the contagious outcome.
Wallahu’alam.
Dato Akbar Ali
7 Sept 2017.
My comments :
Terima kasih Dato Akbar Ali.
There were TWO McDonald’s outlets in Mid Valley Megamall.  I just found out yesterday that one of them (at the LG level) has closed down about a month ago.  That is news for me.  I have never known a McDonald’s outlet to shut down anywhere, even in Malaysia.
Then the Petronas station at Jalan Bangsar (just before the Jalan Riong junction) has also shut down about a month back.  I believe petrol stations are already having a tough time surviving. Many petrol stations have indeed shut down.
Have you read the following news : in Balik Pulau, Penang roadside vendors are now selling petrol in plastic bottles.
 
 
  • sundry traders reselling fuel in bottles
  • ready market for it given distance to nearest petrol station
  • roadside trader offering bottled petrol at slightly higher price
  • 1.5L plastic bottles of petrol in small lorry
  • sells bottled petrol as conve­nience to townsfolk
  • nearest petrol station many kilometres away
  • bottled petrol makes life easier for people of Teluk Kumbar
Read more at  The Star
No petrol stations in Balik Pulau !!
I think they have either shut down or relocated.  Because people have less money to drive cars and motorcycles, there is not enough business anymore to sustain petrol stations in these largely Malay areas.
So these roadside vendors are now selling petrol in bottles.
Petrol stations and hypermarts are closing down in the predominantly Malay / bumiputra  areas of the country.     Giant at  Shah Alam Town Center is closing down.
Petronas (whose clientele are mostly Malays) has shut down in Jalan Bangsar (close to Kg Kerinchi and Pantai Dalam).
These are Malay areas.  This never happened BEFORE the GST.
Post GST, business is just shutting down.
A former President of the Malay Chamber of Commerce told me that they did a survey which showed that the “compounded” effect of the GST is actually about 21% !!
This means people are now paying 21% more for their goods and services than from before the GST.
This means that if you were a minimum wage earner (RM1000 a month, lets ignore EPF, SOCSO etc) and you have to spend all your income then your real purchasing power is only RM790.  RM210 of your salary has gone to pay for Birkin handbags, superyachts and  pornographic movies.
At least 20% of your purchasing power has been sucked away to pay GST induced price increments.
This is especially true for monthly wage earners ie people who have only one source of income – their monthly salaries.
The majority of working Malays and bumiputras fall under this category.
The vast majority of Malays and bumiputras are not even salaried workers.
They fall under the informal sector category (kerja kampong, niaga warong, niaga kecil etc) . They are even worse off.
What does this mean? This means at the end of every week, end of every month or end of every year there are 20% more unsold stocks in the petrol stations, supermarts and other businesses.   Business has shrunk.
Or (after three years of the GST) the petrol stations, hypermarts, businesses etc will stock up  20% less inventory on their shelves than before the GST.
Their sales would have shrunk.  That is why you read all those news headlines above. Business is dying.
2017 is coming to an end. It has been a very, very difficult year for all businesses, including mine. In 2017 many businesses have been running on whatever reserves or free cash they had.  All that is finished for many honest businesses.
2018 is going to be the year of “tutup kedai”. Just mark my words. If the kleptocracy is not kicked out, there will be a tsunami of business closures in 2018.
We do not have any more spare cash or reserves to help keep our heads above the water.
Plus the gomen is harrassing us. The Customs guys are harassing us about GST, the Income Tax guys are harassing us about our records going back years, the ‘Competition Act’ guys are harassing us about how we do business, the gomen is just making  the lives of businessmen  more and more difficult.
So 2018 is going to be the year of  “Tutup Kedai”.
Congratulations. Tahniah.
Bila bisnes tutup, tak ada pekerjaan, budak Melayu menganggur dulu.
dak ada lagi kutipan GST, tak ada lagi bayaran cukai. Kerajaan tak ada duit.
So what will happen?
Melayu miskin dulu.
– http://syedsoutsidethebox.blogspot.my

SO CAN BANK NEGARA REALLY RAISE INTEREST RATES ALONG WITH THE REST OF THE WORLD? WHAT WILL HAPPEN TO THE RINGGIT IF THEY DON’T, WHAT WILL HAPPEN TO PROPERTY BUBBLE IF THEY DO?

KUALA LUMPUR – The imbalances in the property market pose significant risks to the overall economy in the event of a shock, said Bank Negara Malaysia (BNM) Governor Tan Sri Muhammad Ibrahim.
He said Malaysia has a record high unsold residential properties of about 130,690 units until the first quarter this year, mainly for houses priced above RM250,000, while the vacancy rate for office space is expected to be at 32% in 2021.
With about 140 malls entering the market in key states by 2021, he said this would exacerbate the oversupply and potentially becoming more severe than during the Asian Financial Crisis (1997).
According to the International Monetary Fund, historically housing booms have been followed by busts about 40% of the time, which is associated with longer economic downturns and larger output losses compared to the equity market.
Given that they are imbalances in both residential and commercial property segments, BNM in its report said this is a source of concerns as the property sector has linkages to more than 120 industries, collectively accounting for 10% of Gross Domestic Product and employing 1.4 million Malaysians.
Muhammad said the central bank had raised this issue to banking institutions and the exposure of the financial institutions in this sector was still at prudent level but property oversupply could impact other sectors.
He said borrowers continued to have access to home financing, especially first-time home buyers.
Housing loan approval rate stood above 70%, while the rejection rate remained below a four-year average at 23.3%, he said, adding that financing for speculative house purchases remained muted.
In the first nine months of this year, RM121.6 billion of new housing loans were approved by banks, benefiting close to 300,000 borrowers.
Of this, 60% were channelled for the purchase of houses priced below RM500,000.
He said housing loans continued to grow at a sustained pace of 8.8% this year from 11% last year.
On outstanding loans, about 71% were for the purchase of houses priced more than RM500,000 by first-time house buyers, he added. 
— Bernama