The big word for US investors is relocating! For the next half year, we will see massive US factories heading the exit door from China!
And for the next half year, we will get the figure! Whether we see jump in foreign investment or just mild one because it go to our neighbours!
Vietnam is the most attractive right now! Thailand is another! Malaysia goes right up there because of the many adavantages! In fact Malaysia has all the advantages!
But it all depend on Pakatan government! Are they focus enough or will we see another round of protectionist under Mahathir! Those who experience Mahathir rule will know, this old bugger always act smart but always come short because of his short measured, short sighted and pouring our oil wealth on useless misadventures just to satisfy his pool of cronies and relatives! In the end, we miss out big time while Thailand was laughing all the way! Thailand became Detroit of the east while Malaysia reduce to consuming goods! Because of protectionism of auto industry, we end up back to where we were! Thailand don't have national car but they have home grown parts producers who are thriving and don't need government assitance! In Malaysia, we have suppliers who can't even supply to Proton without affirmation action from government of the day! Sad!
And now we are repeating the same mistake! Again we will lose out to Thailand in this new electrification revolution!
Here we are again, the opportunity knocks on our door! Perfect timing for Pakatan! Let's see if Pakatan will submit to Mahathir senseless misadventure or finally grow some backbone and tackle this once in the lifetime opportunity with wisdom!
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26 comment(s).Last comment by Speedy Boy 2018-10-07 16:11
Somebody please knock some sense in Mahathir mind! We don't have to produce own homegrown electric national car! We just bring in investors to set up factories producing electric car parts! The profit margin on parts are way bigger than producing the whole thing! This is what South Korea are doing! They no longer want to produce the whole car, smartphone or electronics! Instead South Korea focus on producing parts! Even Tesla get their lithium batteries from LG! China gets their smartphones parts from Samsung!
myr10K levy on foreign workers. who will come into MY again? without foreign workers, industry factory is paralyzed. local chinese also lazy nowadays. spend weekend talk nonsense at this forum. wakaka
Posted by chinaman > Oct 6, 2018 01:31 PM | Report Abuse
myr10K levy on foreign workers. who will come into MY again? without foreign workers, industry factory is paralyzed. local chinese also lazy nowadays. spend weekend talk nonsense at this forum. wakaka
Answer : Sometimes i don't even bother to come out answer!
Posted by Alex™ > Oct 6, 2018 01:57 PM | Report Abuse
Aiya talk only la... My place here still see many indon la, Myanmar la, Pakistan la, Nepal la, banggalah
what to do? we chase away all high net worth rich migrants from china, etc. in forest city. we encourage all bangla, indon come in. very good govt ma. wakaka
All the rich & talents already fleece overseas. Only left poor salaryman like me staying here with all indon, nepal, bangla. Next 10 years, migrants population will bypass locals. dont know what will happen to new chinese future generations? dont dared to see the future. wakaka
We have myr1trillion debts. Look at Norway....see the difference with our great boastful govt.?
Norwegian sovereign state wealth fund, which is the world's largest, has reached the sum of USD 1 trillion.
The news was reported by the Norwegian Central Bank, which controls the capital.
This means that every citizen of the Norwegian population of 5.3 million people is worth almost USD 189,000. "I do not think anyone expected the fund to reach USD 1 trillion when the first transfer of oil revenues was made in May 1996, "Ingwe Slingstad, executive director of Norges Bank's investment department, said in a statement.
Norwegian Savings Fund aims to invest in the state's social system when one day the country's oil is exhausted. The government, which puts all the "black gold" revenue in the fund, can draw on it only the equivalent of the expected return on money, but not the hard capital.
Last year, the government first began to withdraw more money from the fund than investing in it. This was due to the sharp fall in the price of oil.
Norway is the largest oil producer in Western Europe.
The Norwegian State Pension Fund, as its official name, was founded in 1990 and invests primarily in shares (representing 65.1% of its portfolio at the end of the second quarter), but also in real estate and bonds.
With shares in nearly 9,000 companies, the fund owns 1.3% of global market capitalization and 2.3% of Europe's market capitalization.
At 93 years old, look so tired, fragile but still have to work. So, what do you expect from a Orang tuawho should enjoy life now ma? respect, and pity this orang tua ma. all other cabinet ministers do what then? One day, if i'm at 93 yrs old,mmmm Insya Allah if i still live then. wakaka
ks55... you-la niusance. Only know how to say die, Holland... all the shit word. If Chinese New Year day see you will bad luck throughout the whole year
Dr M, Anwar should be advisers. Let the young cabinet members prove performance. learn the word trust, delegation in leadership...Boss no need to work like lembu one. wakaka
Proton was very profitable in the beginning because early models were just rebadge from Mitsubishi! Hence supplier can cross sale their parts to mitshubishi! Then Mahathir got too smart for his own good and start completely new models! And those parts are not compatible with japan spec! Then vendors can only sell parts to Proton models! Very silly!
If Mahathir is truly smart, he just rebadge Nissan Leaf! Then suppliers can also sell those parts all over the world! And rebadge Tesla as well! You have plenty of supporting industry!
speedy boy, thank you for your insight on the fortune of our national car. I like this idea of cross sale of parts to all different car brands...new learning for me today
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....
Posted by Speedy Boy > 2018-10-06 12:15 | Report Abuse
The big word for US investors is relocating! For the next half year, we will see massive US factories heading the exit door from China! And for the next half year, we will get the figure! Whether we see jump in foreign investment or just mild one because it go to our neighbours! Vietnam is the most attractive right now! Thailand is another! Malaysia goes right up there because of the many adavantages! In fact Malaysia has all the advantages! But it all depend on Pakatan government! Are they focus enough or will we see another round of protectionist under Mahathir! Those who experience Mahathir rule will know, this old bugger always act smart but always come short because of his short measured, short sighted and pouring our oil wealth on useless misadventures just to satisfy his pool of cronies and relatives! In the end, we miss out big time while Thailand was laughing all the way! Thailand became Detroit of the east while Malaysia reduce to consuming goods! Because of protectionism of auto industry, we end up back to where we were! Thailand don't have national car but they have home grown parts producers who are thriving and don't need government assitance! In Malaysia, we have suppliers who can't even supply to Proton without affirmation action from government of the day! Sad! And now we are repeating the same mistake! Again we will lose out to Thailand in this new electrification revolution! Here we are again, the opportunity knocks on our door! Perfect timing for Pakatan! Let's see if Pakatan will submit to Mahathir senseless misadventure or finally grow some backbone and tackle this once in the lifetime opportunity with wisdom!