Thursday, January 22, 2009

Malaysia, Ready For Meltdown Economy?

Remember when i suggested few steps to slow down our economy impact? Click here if u have forgotten.

Our government finally move to ensure our economy are in safe level. The bank negara has lower down the interest of loans, which is a great news to every businessman... xD but still not sure if they do provide loans to small companies?

2nd, Pak Lah stops all the incoming foreign labours at the moment, stating there the current situation doesnt need them much. For the on-going permits will stay on of course, but till thier permits expired.

This few initiate moves do give a little good news and the bad news.

There is millions of illegal immigrants in Msia, or should i said... more to come due to the "off-permits". To prevent this from happening, Msia should punish the illegal immigrants and give them a lesson, like how the ancient China emperor did, "Kill 100 to warn 1". Look deep at Brunei and Singapore, from my *kopitiam knowledge... this two country did punish the illegal heavily as a warning. Hence, this two country face lesser illegal immigrants [dont give me the reason of small lands, but instead try to think back, wat if this two country doesnt punish the illegal immigrants? More and more to pour in like Msia!!!!] Kopitiam knowledge here means sembang kosong at kedai kopi

Our MOT, went to China and get several supports from China-men. Not so clear about this, but i do know two stuff about his China trip.

1. He manage to get Bank Of China's attention to help our Msia small-scale businessman, by giving low interest loans. [This is the great news, but for the T&C, hopefully it doesnt have any tricky stuff in there]

2. Enstablish two ways trade on Halal products, as China do have few million of muslims there. [By doing this, it do expand our Msians empire of trading since China's Muslim is more than then our Msia population]

Two of this above do help a little/lot on our economy as it will provide jobs to our Msians as there is this prediction where almost 200 000 factory workers might lost thier job.

Oh before i end this post, i encourage u Msians... . Y u need to care someone else when our country's poorman are suffering? side, u should donate ur money to this 200 000 which potential of losing job. Dont be blind or fool by organizer who asked u donate, they just wan fame/political-oriented/personal-related or to be famous. Not only that, our currency will flow out from our country too!!!

Hopefully our country will able to survive this economy crisis again.

PJ Low

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