Tuesday, October 23, 2007

Lost of a Great Tan Sri Lim Goh Tong

Tan Sri Lim Goh Tong is one of the greastest enterprenuer we have and it's sadly he has passed away due to old age. He created such special entertainment park few thousand feets above sea level, and it has also made alaysia famous for its speciality - Entertainment centre and Casinos. We would love to pay tribute to Tan SriLim GT for its success and what he brought to us. We should remember him for who he is, what he is and how he did it.

Now the baton has passed on to his beloved son, Tan Sri Lim Kok Thye, and I'm sure he will succeeding his father's footstep and make Genting Group an even more successful group we have had in Malaysia.

Genting group, I always support you and will continue to support. You make us proud!

EPF Scheme

It is a surprise that government actually change the regulation to allow workers to withdraw their EPF for home loan repayment. For those who buying houses and properties, they should have sufficient funds for such buyings, not rely on their EPF for the repayment. EPF suppose to serve as retirement fund for those retirees, who might need it when they are no longer working and that the money is suffice to survive today's and future's high living costs.

Wha if one buying a house / property, using the EPF to repay the instalment, then sell it before they complete the repayment, then they would get the cash from the sales of the property. At end of the day, the EPF account will left with little money, which has great possibility of insufficient when they retired.

So personally I think this is a very bad idea, and it will cause some people into financial difficulties in due time. For me I will not buy a property if I have not enough fund. In another view, EPF money belongs to the person, and they of course have the rights to used it the way they wanted, so it's a two way traffic. Government can only do up to certain extend and the rest depends on the person him/herself

Sunday, October 21, 2007

Race Track for Mat Rempits?

Words out of Azalina's mouth would not be anything nice, nor will it be constructive and sensible!

Recently the stupid Sports and Youth Minister said more race tracks shall be built for Mat Rempit. This is a totally out of mind, childish, insensible, stupid, energy and time wasting things to be said, especially from a minister. If authority can't contained mat rempits, then build a race track for them to race ir carryout stunt on bikes, then they would face a major problems in finding and solving these problems.

First she don't understands, Mat rempits would feel more exciting and better if racing on normal road, as this provided them the excitement of showing their skills of controlling the motorbike, race against vehicle around, and stunt carryout would be noticed by public etc.

Secondly, if too many mat rempits, we would build a race track for them, what if there are too many rapists. Is the government going to open a prostitute centre, with everything paid for? There are so many robbery cases around, is the government prepare to set up an empty building, but filled with cash, so robber would go straight to the place to collect the cash rather risking their lives robbing banks, bakerry etc.

Overall, I wanted to say is that the Youth and Sports Minister's brain cells has been replace or remove, so she gave such suggestion. Maybe it's time for her to just stay home, be a good housewife!

Video Clip showing Brokering of Judge

It is surprising that after such long time the video clip sent to authority that showing a prominent lawyer purportedly brokering the appointment of judge, no action or investigation is being carryout yet! Until now still they are questioning if this video is genuine. Why are they still arguing about this when there can be more better things to be done during these period of time.

I wonder if someone is trying to covering another one's up! It certainly looks like it as they urge the person who sent this clip to come forward to testify against it. Sure if this person step forward, we will never see him again in Malaysia, or perhaps this world.

What are all these useless ministers actually doing other than saying something inconstructive things after each 'major' event occurred? Hasn't they don't know these things happened all the times, and they are too busy to work out a solution for it? All they care for is can they become famous or being known to public, as now general election is just around the corner.

Secondly, are policemen really can give protection to the person if he steps forward? Most likely cases will be policemen will give him a very "safe protection" that no one will ever find him/her. And that would be the end of case, as the main witness is gone missing!

Hope it is not true, but sadly, it is god damn correct!

Bravo Ferrari! Bravo Kimi!

Congrate to Ferrari team and Kimi Raikonnen!

Finally Kimi wins the world driver's championship! I was once wonder if Kimi will be the best driver never to wins the world championship, and still I was in such thinking when Kimi was once 26 points behind Lewis Hamilton.

Now that 2007 season over and the title secured, he deserve a nice break from F1, then start preparing for the 2008 season, as done by former Ferrari great, Michael Schumacher. I believe Kimi will be the same - give him a car and he will push it to the limit trying to win for the team, and himself.

One thing I wonder now is: Is this result pre-fix? Is it really history repeated itself that when the title showdown gone to the length, the pair with the highest chance will not win and that the one least expected wins it! Or is this an instruction by FIA so championship is exciting thru to the end, and that drama after drama happened, which will keep spectators groaning!

Or this is the price for McLaren-Mercedes to pay for possessing Ferrari's 780-page confidential info? I wonder why FIA only stripped off their constructors point, where drivers kept theirs when it was clearly found that McLaren-Merc guilty of such offence. Maybe this is just to keep the championship alive, and that McLaren-Merc is the only team that's capable to take the race to Ferrari.

So my prediction is that this year's championship is a pre-fix in order for McLaren-Merc be able to race next year. Leave your comments/views please.

Thursday, October 18, 2007

Effect of Oil Price Surge!

Oil and gold prices surged to the record high yesterday, and still there isn't any indication where and when it's going to reach its peak. So as motorists, our main concern would be when the petrol price is going to increase again!

Now the petrol price stands at RM1.92/ltr, which considered very high for Malaysian motorists. Comparatively to our neighbouring country, we still have one of the lowest petrol price in the region and it's just a matter of time government increasing the petrol prce yet again. If and when the petrol price does eventually increased, sure veryone will complaint and virtually everything will increase as well bar salary only!

I still recalled just 2 to 3 years back I only paid around RM 90.00 for a full tank of fuel for my car, and today, I have to folk out close to RM115.00 for a full tank. That's a significant 28% rise n petrol expenses alone, excluding foods and beverages, which will be affected by the increase of oil price as well. For example if F&B increased 10% to 15%, that means our daily expenses would increase by around 20%.

Out of curiosity, I would like to ask how many of you out there got a salary increment of 20% now compare to 3 years ago? This figures excluding the annual inflation rate that's worked out by some specialists. In another words, we can earn much more now than few years back, yet it is extremely difficult for a normal employee to have a savings. That may be one of the reason why we have so many credit card debts now than then!

As for effect on flight traveller, they may pay for cheap flight tickets, but with all the surcharges, it would make it more expensive to pay for a total airfare. If oil price keeps increasing, we can all expecting an increase in fuel surcharge for airfare very soon, as airliners will be hit hardest on this event.

So all of us should start thinking of how to maximise or fully utilise our resources now, so when petrol price hike finally hits, we are prepared.

Wednesday, October 17, 2007

Why are there so many foreign workers in Malaysia?

Why we (Malaysia) has to "import" so many foreign workers from neighbouring countries? Isn't our country has no enough people to work? Maybe the problem doesn't lies with people, it lies with money.

Imagine how can you survive with a few hundred Ringgit monthly salary with cost of living getting higher day by day. This leads to another possible view why our government servants all like "drinking coffee". They can hardly survive with few hundred bucks salary,especially those with family to feed.

Foreign workers from poorer neighbouring country will see this as a good salary comparing to their home country and for most cases, accommodation is provided, which they will be able to work and save most money they could to bring home, but not for us, Malaysian here!

According to the latest stats, we have around 2.5 million foreign workers in the country and the number still increases. I think there's no cure for this as long as salary is still at such level, and our country will eventually being flooded with foreigners making a living, and yet our own residence will be forced out!

Inflation!

For the last few weeks, we can see or rea news that prices for lots of daily used stuffs will be increase in the coming months if not weeks. These prices increased would add more burden to all the consumers, and eventually lead to a higher rate of inflatin.

Wonder if our salary "inflation" rate would increase accordingly to that? Hope it would but that would be impossible, as most bosses, notably "China-Man" company bosses would say due to prices increase, the expenses of company will increase too. Hence no such "inflation" of salary for employees.

I remember few years ago, someone worked out if a person earn RM3000 per month it would be just barely enough to survive. If that person still have some spare times, it would be much appreciated you could work out the current minmum salary a person must earn to survive today!

Our government always mentioned we have one of the lowest living cost in the region, but the true fact is that it is true if we are calculating it in USD or some international currency. What they have not mention is our earning in USD. If we are to combine the two together, I can loudly say our spending power is way below our neighbouring countries, let alone the world.

Maybe it's time for us to realise we need to get 2 jobs in order for us to sustain our daily life and cut down the enjoyment of life. (This apply to those who work for someone / some company)

Grand F-1 Finale!

t's been a long time since we have such exciting end to a Formula One season. We still have 3 drivers fighting for the World Driver Championship crown. Personally I would love Kimi to win it because of who he is, and secondly if McLaren-Mercedes driverwins it, still their car contained too many of Ferrari's technical setup in it. So be it Lewis Hamilton, Fernando Alonso or Kimi Raikonnen wins, still Ferrari is the biggest winner of all, like it or not.

Had it not for traitor Nigel Stepney, I am quite sure either Kimi or Filipe Massa would have won the championship with few races to spare, and it would be at least have to wait for another season to see if this year's scenario would appear at the final race on calender.

No disrespect to the silver arrow team, they would definitely be like Team Renault this year where they will be struggle with the new tyres. Now that everything has happened, no point of discussing it further than just enjoy the last race for the grand finale, as in Shanghai, anything can still possible happen, and any of the drivers still in with a chance to clinch the world title.

Go Kimi go!!!

Monday, October 15, 2007

Another Mat Rempit Caused Incident

Has our government approved Mat Rempits? Are they now officially granted permit to carryout their stunt on the street and gathering in group around town or somewhere? Last week another sad case of couple being killed and injured respectively by Mat Rempit gangs who trying to grab the lady from the victim's bike.

Such scenario will not be seen years ago, but sadly now it happened every now and then. Our lives are worthless now as compare to previously. Mat Rempits growth intensively over the last few months thank to one of the comment made by one of our minister, that she was once Mat Rempit as well, and that they may one day become our Prime Minister bla bla bla... All nonsense and brainless talk.

If our authority still doing what they are doing now, I'm sure one day Mat Rempit will really ruled the country and by then it'll be too late to contained such problem by the authority. Since authority has done nothing, I would be more grateful to carryout such action if I'm a Mat Rempit since no one care to catch us.

In saying that, as an Anti-Mat Rempit group of people, I would say I would be very greatful to knock them down whenever I sees them on the road, and if they are carrying out dangerous stunts on the road. In one of my previous blog, I said I hoped these Mat Rempits would behave themselve on the road in order to save their own life, but now I must re-iterate the statement. Beware of me coming! If I see you guys weaving along highway, where you suppose to ride in the motorcycle lane, I will not hesitate to knock you over without a single feel of sympathy towards you!

Maybe we should set an award to citizen who knock down most Mat Rempits for a certain period of time. That would be great in helping reduce problems caused by them and also put them off road or think twice before doing so!