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?
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.
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.
Look carefully at klse over the past decades- generally nonstop downtrending. Insanity is doing the same thing over and over and expecting different results
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
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.
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.
New IPO: The onshore and offshore support services provider for the O&G industry, Steel Hawk Bhd aims to list on the Ace Market!
MQ Trader 2948 views | 2 d ago
0:17
New IPO: The largest mini-market player and a leading groceries retailer in Malaysia, 99 Speed Mart Retail Holdings Bhd aims to list on the Main Market!
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
DickyMe
14,694 posts
Posted by DickyMe > 2024-03-27 10:37 | Report Abuse
People are fed up of theories, talks and opinions from Raja Kelentong.
WE WANT SOULTION, not lecture on symptom.