Oil will bounce back this month onward, already top up in Bunga raya. When Trump is reelected oil will rise higher. If Democrats win, expect circuit breakers to safe the stock market from crashing.
Sapura has experience to produce natural gas.Maybe PNB To be an international player in Oil and Gas through Sapura Energy.That's why Sapura wants to buy assets ExmoMobil.
PETALING JAYA: Budget 2021, which will be tabled in November, will be expansionary though narrower than Budget 2020, with economists projecting a budget deficit of 4% to 6% next year.
The government, they said, would need to revitalise the economy with appropriate measures due to the uncertainties arising from the Covid-19 and the weak global economy, which has caused many nations to fall into recession.
The World Bank expects Malaysia’s fiscal deficit to gross domestic product (GDP) to widen to 7% this year, underpinned by increased expenditure and downward pressure on revenue. The government, however, expects the fiscal deficit to be at 5.8% to 6% this year.
Economists expect the government to look into some core areas to ensure Malaysia is on the right track to achieve economic sustainability post-pandemic.
Socio-Economic Research Centre executive director Lee Heng Guie told StarBiz that the federal government is torn between managing a tight fiscal space and keeping the country’s sovereign rating intact.
"In our view, the government should go for another year of fiscal deficit targeted at public spending and programmes as well as the provision of tax incentives and allowances to boost private investment, creating jobs and income.
jom ramai ramai goreng kuih teow here, earn a little bit pocket money to cover lost from covid. Do not be greedy, earn few hundreds to thousands enuf already!
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....
kasrim
2,493 posts
Posted by kasrim > 2020-10-02 19:33 | Report Abuse
sold all.. kiok lo