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18 comment(s). Last comment by EngineeringProfit 2024-04-13 08:50
Posted by EngineeringProfit > 2024-03-27 08:27 | Report Abuse
Areas where Singapore succeeds while Msia fails
Several key factors contribute to the higher value of the Singapore dollar (SGD) compared to the Malaysian ringgit (MYR):
1. **Economic Stability:** Singapore has a strong and stable economy with low inflation rates, robust GDP growth, and a sound financial system. This stability attracts foreign investors, which in turn increases demand for the SGD.
2. **Political Stability:** Singapore is known for its political stability and good governance, which instills confidence in investors and contributes to a stable currency value.
3. **Trade Surplus:** Singapore consistently maintains a trade surplus, exporting more goods and services than it imports. This surplus leads to a higher demand for the SGD in international markets.
4. **Foreign Reserves:** Singapore has significant foreign exchange reserves, which provide a buffer against economic shocks and help support the value of the SGD.
5. **Monetary Policy:** The Monetary Authority of Singapore (MAS) implements prudent monetary policies to manage inflation and maintain currency stability, which supports the value of the SGD.
6. **Global Financial Hub:** Singapore is a leading global financial center, attracting investments and financial activities that contribute to the strength of its currency.
7. **Investor Confidence:** The overall investor confidence in Singapore's economy, governance, and financial system leads to a higher demand for the SGD as a safe-haven currency.
8. **Currency Peg:** Malaysia operates a managed float exchange rate regime, while Singapore has a policy of maintaining a strong and stable SGD against a basket of currencies. This difference in exchange rate regimes can also contribute to the valuation disparity between the SGD and MYR.
Posted by EngineeringProfit > 2024-03-27 08:29 | Report Abuse
Singapore and Malaysia have different economic structures and policies that contribute to the manageability of their respective national debts. Here are key points highlighting why Singapore's country debt is more manageable compared to Malaysia's:
1. **Economic Diversification:** Singapore has a highly diversified economy with strong sectors in finance, technology, logistics, and tourism. This diversification reduces dependency on any single industry, creating stability and resilience against economic shocks. In contrast, Malaysia's economy is more reliant on commodities like oil, palm oil, and rubber, making it vulnerable to fluctuations in global commodity prices.
2. **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.
3. **Strong Currency and Reserves:** Singapore's strong currency, backed by robust foreign exchange reserves, provides a cushion against external debt pressures. The country's monetary stability and reserve adequacy contribute to investor confidence and lower borrowing costs. Malaysia, while having sizable reserves, may face currency volatility due to external factors impacting the value of the Malaysian ringgit.
4. **Investor Confidence:** Singapore's political stability, transparent governance, and strong institutions contribute to high investor confidence. This confidence attracts foreign investments, supports capital inflows, and facilitates access to global financial markets at favorable terms. Malaysia's political uncertainties at times have impacted investor sentiment and the country's ability to attract investment.
5. **Debt Composition:** Singapore's debt composition often includes long-term, low-cost debt instruments. The government carefully manages its debt profile to ensure sustainability and favorable terms. In contrast, Malaysia has faced challenges with a higher proportion of short-term debt and concerns about refinancing risks.
6. **Economic Growth and Productivity:** Singapore has consistently maintained strong economic growth rates and focuses on enhancing productivity and innovation. This growth generates revenue streams that support debt servicing capabilities. Malaysia has experienced growth but faces challenges related to productivity improvements and structural reforms.
These factors collectively contribute to Singapore's ability to manage its country debt more effectively compared to Malaysia. However, it's essential to note that both countries continually adapt their policies and strategies to address economic challenges and debt management concerns.
Posted by EngineeringProfit > 2024-03-27 09:50 | Report Abuse
UMNO finds itself at a crossroads, teetering on the edge of potential rejection by moderate Malays who align with Pakatan Harapan's ideals. On the other hand, conservatives remain steadfast in their preference for PAS & Perikatan Nasional. This dichotomy presents a demanding for delicate balancing act on UMNO part to be thoughtful, mature and wise enough as it navigates the diverse landscape of Malaysian politics
Posted by ahbah > 2024-03-27 10:04 | Report Abuse
Our precious Ringgit and Bursa got under attack ? Tolong defend them. 😢😢😢 Terima kasih.
Posted by DickyMe > 2024-03-27 10:24 | Report Abuse
If you cut civil service employees by 60%, stop foreign workers, ringgit can up immediately.
Posted by eastern_joy > 2024-03-27 10:48 | Report Abuse
60+ years of policies, resulted in today's situation. Don't think any quick fix coming soon, only more marketing talks, we are still stuck...be prepared for MYR/SGD exchange rate going above 4 soon.
Posted by EngineeringProfit > 2024-03-27 12:05 | Report Abuse
Yes, under attacks- the phantom menace by akmalkin skywalker & gang
Posted by ahbah > 1 hour ago | Report Abuse
Our precious Ringgit and Bursa got under attack ? Tolong defend them. 😢😢😢 Terima kasih.
Posted by EngineeringProfit > 2024-03-27 12:14 | Report Abuse
Sad-simple steps but not taken seriously.
Posted by DickyMe > 1 hour ago | Report Abuse
If you cut civil service employees by 60%, stop foreign workers, ringgit can up immediately.
Posted by EngineeringProfit > 2024-03-27 12:15 | Report Abuse
By then, another round of dignity congress will be staged (sigh)
Posted by eastern_joy > 1 hour ago | Report Abuse
60+ years of policies, resulted in today's situation. Don't think any quick fix coming soon, only more marketing talks, we are still stuck...be prepared for MYR/SGD exchange rate going above 4 soon.
Posted by JJPTR > 2024-03-27 12:27 | Report Abuse
As at today Mar 27th,2024, each factory operator in Malaysia and Singapore earn basic salary of 1500 units in their own currency. But one plate of chicken in Msia is 7.50 and in Singapore 2.5 . This mean Singapore workers has 3 times more money to spend than Malaysian counterpart. The conman knows this . That is why for the past 40 years, he had been "talk bad" about Singapore government to cover up the ringgit plunge from 1:1 to 1:3.5 . And to diivert attention away from the effect of plundering the country wealth.
Posted by EngineeringProfit > 2024-03-27 18:21 | Report Abuse
Yup, that's why the nonsense needs vernacular schools as sanctuary from their bad influences - fitnah, api-api, mercilessness, etc etc
Posted by JJPTR > 5 hours ago | Report Abuse
As at today Mar 27th,2024, each factory operator in Malaysia and Singapore earn basic salary of 1500 units in their own currency. But one plate of chicken in Msia is 7.50 and in Singapore 2.5 . This mean Singapore workers has 3 times more money to spend than Malaysian counterpart. The conman knows this . That is why for the past 40 years, he had been "talk bad" about Singapore government to cover up the ringgit plunge from 1:1 to 1:3.5 . And to diivert attention away from the effect of plundering the country wealth.
Posted by EngineeringProfit > 2024-03-31 08:09 | Report Abuse
Instigators: On having the balls, courage and jantanness to surrender
The identifiers for instigators causing vigilanteism can include individuals or groups who:
1. Spread false or misleading information to incite anger or fear.
2. Encourage or participate in violent or retaliatory actions outside of legal channels.
3. Demonize certain communities or individuals, leading to a sense of injustice or persecution.
4. Exploit existing tensions or grievances for personal or political gain.
5. Disregard the rule of law and promote a "justice at any cost" mentality.
6. Use inflammatory rhetoric or propaganda to mobilize supporters towards vigilante actions.
7. Target specific individuals or groups as scapegoats for broader societal issues
Posted by EngineeringProfit > 2024-04-07 08:24 | Report Abuse
Boycotting local businesses can indeed have far-reaching consequences that go beyond mere economic impact.
1. **Economic Impact:** Local businesses are the backbone of any economy. They provide employment opportunities, contribute to tax revenues, and stimulate economic growth through innovation and competition. By boycotting these businesses, there's a direct hit to the economy, leading to job losses, decreased tax revenue, and a slowdown in economic activity.
2. **Country's Image and Goodwill:** Local businesses also play a significant role in shaping a country's image and goodwill. They often represent the entrepreneurial spirit, cultural heritage, and unique offerings of a nation. When people boycott local businesses, it can send a negative message about the country's business environment, potentially tarnishing its reputation and goodwill in the global market.
3. **Currency Strength:** A thriving local economy is closely linked to the strength of the national currency. When local businesses suffer due to boycotts, it creates instability and weakens the currency. This can lead to inflation, reduced purchasing power for citizens, and increased economic uncertainty, affecting everyone in the country, including those not directly involved in the boycott.
4. **Social Fabric:** Local businesses are often deeply connected to the social fabric of communities. They sponsor local events, support charitable causes, and foster a sense of community pride. Boycotting these businesses can erode this social cohesion, leading to divisions and tensions within society.
In essence, boycotting local businesses can be seen as sabotaging not just the economy but also the country's image, goodwill, and overall stability. It's important to promote a balanced approach that encourages responsible consumer choices while also supporting local businesses and the broader national economy
Posted by EngineeringProfit > 2024-04-09 07:04 | Report Abuse
Next Vern shoe
Posted by EngineeringProfit > 2024-04-10 09:27 | Report Abuse
It sounds like you stumbled upon an intriguing situation! To lodge a report about the words in your coffee and the taugeh forming Arabian words, you might want to contact the appropriate authorities, such as food safety agencies or local health departments. They can investigate the matter further and determine if any action needs to be taken regarding coffee drinking or marble cake sales. It's essential to provide them with as much information as possible to ensure a thorough investigation.
Posted by EngineeringProfit > 2024-04-12 07:40 | Report Abuse
Not a joke. We are just too caught up with the 3Rs issues, problems and challenges of the medieval past - until we can neither focus on dealing with contemporary issues, problems and challenges of the hypermodern era; nor chart a meaningfully universal course forward as a nation to be first world
Posted by icecool > 9 hours ago | Report Abuse
malaysia is a joke country mah
Posted by EngineeringProfit > 2024-04-12 07:58 | Report Abuse
Making a national issue of artistic designs of worm or pop song of namewe is an international joke!
Posted by speakup > 2 minutes ago | Report Abuse
in singapore, ppl are too busy with developing the country
in malaysia, ppl are too busy with 3R
see the difference
Posted by EngineeringProfit > 2024-04-13 08:50 | Report Abuse
Internal conflicts and power struggles have indeed been significant factors in the weakening of civilizations throughout history, including Malaysia. These conflicts can stem from various sources, such as political disagreements, social tensions, or ideological clashes.
1. **Political Differences:** In Malaysia's history, political rivalries and power struggles have often resulted in internal conflicts. Competing factions within the political landscape vie for control and influence, leading to polarization and division within society. This can manifest in various forms, from government instability to partisan clashes that hinder progress and development.
2. **Social Tensions:** Societal divisions based on ethnicity, religion, or socioeconomic status have also contributed to internal conflicts. Malaysia's diverse population brings together people from various cultural backgrounds, but these differences can sometimes lead to tensions and misunderstandings. Issues related to identity, representation, and social justice can become focal points for conflict if not addressed effectively.
3. **Ideological Clashes:** Ideological differences, whether related to governance, cultural values, or belief systems, can fuel internal strife. Malaysia, like many other countries, has experienced ideological conflicts that shape public discourse and policies. These clashes can hinder cooperation and collaboration, as differing visions for the future of society compete for dominance.
When a society becomes consumed by infighting, several negative consequences can arise:
- **Diversion of Resources:** Energy and resources that could have been allocated to constructive endeavors such as education, infrastructure, and economic development are instead diverted towards maintaining control or dominance within the society. This hampers progress and impedes the well-being of the population.
- **Loss of Unity:** Internal conflicts can erode social cohesion and unity, leading to fragmented communities and weakened national identity. This fragmentation makes it challenging to address common challenges and work towards shared goals.
- **Stifled Innovation:** In an environment of internal strife, innovation and creativity often take a backseat. When individuals and groups are focused on internal power struggles, there is less incentive and opportunity for innovation to flourish.
- **Diminished International Standing:** Internecine conflicts can also affect a country's reputation and standing on the global stage. Divisions and instability may undermine diplomatic efforts, economic partnerships, and international cooperation.
To overcome these challenges, societies need effective mechanisms for conflict resolution, inclusive governance, and fostering unity amidst diversity. Addressing root causes of internal conflicts and promoting dialogue, understanding, and collaboration are essential for building a resilient and cohesive society.
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CS Tan
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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 EngineeringProfit > 2024-03-27 08:24 | Report Abuse
UMNO finds itself at a crossroads, teetering on the edge of potential rejection by moderate Malays who align with Pakatan Harapan's ideals. On the other hand, conservatives remain steadfast in their preference for PAS & Perikatan Nasional. This dichotomy presents a demanding for delicate balancing act on UMNO part to be thoughtful, mature and wise enough as it navigates the diverse landscape of Malaysian politics