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<blockquote data-quote="astroboy" data-source="post: 284453" data-attributes="member: 4527"><p>Rightly said. The poor spending power of an average Malaysian has stop many investors to invest here because they can't charge a reasonable margin in the retailing market for Malaysian. Even the corporate sector has poor spending power... sad and true.</p><p></p><p>Keeping the inflation low is not the answer, ultimately price will have to increase accordingly due to the higher imported raw materials (economy leakages) and its impossible for Gomen to keep funding it to control inflation. And these Gomen fund is coming from the citizens too.</p><p></p><p>The new gold rush is in China and all countries are sending their best man there to dig while Malaysia is complaining that we speak too much Mandarin and should speak more Bahasa.. thus discouraging employer to hire staff with Chinese language as a preference. How to compete globally? Japanese can do it, why can't we? Well! Japanese exported how many cars and consumer electric items a year and what about us?</p><p></p><p>Even US has recently drop their Spanish language as 2nd language and replaced by Mandarin language. What has our gomen done?</p><p></p><p>U sell to me, I sell to u. Can the economy grow? While raw materials for whatever items made here is imported... jia lat!!! Every 5 BMWs sold here, RM1m has leak to Germany and can we sell an equivalent value of palm oil to Germans? If yes, then not too bad and where has all the money gone too! If not, Malaysia currency is just a deflating balloon.. or was it fully deflated lio... <img src="data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7" class="smilie smilie--sprite smilie--sprite7" alt=":p" title="Stick Out Tongue :p" loading="lazy" data-shortname=":p" /></p></blockquote><p></p>
[QUOTE="astroboy, post: 284453, member: 4527"] Rightly said. The poor spending power of an average Malaysian has stop many investors to invest here because they can't charge a reasonable margin in the retailing market for Malaysian. Even the corporate sector has poor spending power... sad and true. Keeping the inflation low is not the answer, ultimately price will have to increase accordingly due to the higher imported raw materials (economy leakages) and its impossible for Gomen to keep funding it to control inflation. And these Gomen fund is coming from the citizens too. The new gold rush is in China and all countries are sending their best man there to dig while Malaysia is complaining that we speak too much Mandarin and should speak more Bahasa.. thus discouraging employer to hire staff with Chinese language as a preference. How to compete globally? Japanese can do it, why can't we? Well! Japanese exported how many cars and consumer electric items a year and what about us? Even US has recently drop their Spanish language as 2nd language and replaced by Mandarin language. What has our gomen done? U sell to me, I sell to u. Can the economy grow? While raw materials for whatever items made here is imported... jia lat!!! Every 5 BMWs sold here, RM1m has leak to Germany and can we sell an equivalent value of palm oil to Germans? If yes, then not too bad and where has all the money gone too! If not, Malaysia currency is just a deflating balloon.. or was it fully deflated lio... :p [/QUOTE]
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