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13 comment(s). Last comment by icecool 1 month ago

DickyMe

14,356 posts

Posted by DickyMe > 1 month ago | Report Abuse

People are fed up of theories, talks and opinions from Raja Kelentong.
WE WANT SOULTION, not lecture on symptom.

Andre Kua

420 posts

Posted by Andre Kua > 1 month ago | Report Abuse

Not really. I dont really feel there is much difference in costing during PN vs PH. Cooking oil is expensive during PN vs PH. Rice is cheaper back then compare to now. Meat wise is slightly higher but not by much. However the price of cooked foods out is increasing year by year which could only mean few things. Rentals are making a killing, sellers want higher profit, etc. Few months back, there was news that decades old kopitiam operator would rather close than agree to the new rental rate which was hiked about 50%. Standardized rental? Windfall tax on property owners to curb such increase?

Posted by EngineeringProfit > 1 month ago | Report Abuse

Exactly. We want to see less talk & noise, but real results like the following:

Posted by EngineeringProfit > 1 month ago | Report Abuse

The case of subsidy-cut to cover GLCs mega-losses:

**Fiscal Discipline:** Singapore has a reputation for fiscal discipline and prudent financial management. The government maintains a strict control over expenditures and implements sound fiscal policies, leading to lower budget deficits and more manageable debt levels. On the other hand, Malaysia has faced challenges with fiscal discipline, leading to concerns about rising debt levels and budget deficits.

Posted by eastern_joy > 1 month ago | Report Abuse

Different govt, same modus operandi...not much "real" fixes being done. Continue supporting cronies and simple way, just increase taxes every year? Climate change already here and food supply will be reduced, causing higher prices for food. Stocking up Ayam Brands also will not help much.

5354_

4,599 posts

Posted by 5354_ > 1 month ago | Report Abuse

If stock market can double or triple goods price goes up also never mind.

5354_

4,599 posts

Posted by 5354_ > 1 month ago | Report Abuse

90's Hwa Tai, Repco RM 200 can why now cannot? Both period also Anwar as Finance Minister.

Posted by EngineeringProfit > 1 month ago | Report Abuse

Look carefully at klse over the past decades- generally nonstop downtrending. Insanity is doing the same thing over and over and expecting different results

icecool

4,785 posts

Posted by icecool > 1 month ago | Report Abuse

all these talk only no actions.

Posted by EngineeringProfit > 1 month ago | Report Abuse

In order to stop continuous rot, they must not make the almighty angry. Action One: Declare the business of stock market & related corporations are not handled by the scripture followers

Posted by EngineeringProfit > 1 month ago | Report Abuse

Justification for the above action:

Case file 1: Serbadinamik

Serbadinamik & public-fund draining GLCs"

Lack of Transparency and Ethical Screening: As demanded by the scripture, its finance requires transparency and ethical screening of investments to ensure compliance with its principles. However, the stock market may lack comprehensive ethical screening mechanisms, leading to investments in non-compliant or questionable assets.

DickyMe

14,356 posts

Posted by DickyMe > 1 month ago | Report Abuse

Real problem to economy is caused by real estate industry - property markets contribute huge problem with their exorbitant land, rental or house prices. It is important for government to curb speculation by imposing minimum 15 years holding and property gain tax of 75%. Stamp duty and legal fees of 50% for properties worth RM300K and above. 30% tax on rental gains.
Poor transportation services to move people around on time and easily. Government should break the monopoly and open it up for competition.
GOVERNMENT must not involve in businesses.
There are tons of to dos but they are not willing to do it.

icecool

4,785 posts

Posted by icecool > 1 month ago | Report Abuse

someday the people will realize that their politicians are the problem and not the solution to their problems.

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