Has the recession starts to ease

When I read the paper this morning and flipped through the classified section, it seems that the job market has recovered. There are more job advertised in the paper today than it was a month ago and we could simply hope that the worse could be over. There are however many people who still thinks [...]

Is the economic situation bottoming up

We saw many things happening during the last couple of days, both good and bad things. Now many start to wonder why the AIG executives deserve the 300 million bonus when they are partly to be blamed for the company losses. After that there are some many stories going on at the AIG crisis and [...]

RM60 Billion Stimulus Package – Will that help

Today the government announced a RM60 Billion stimulus package in order for the country to cushion the impact of the ever worsening global economy. Will the RM60 billion is sufficient or do we have that kind of money. As we all know that the US government is now broke and they need more bail out [...]

Caught in the Rat Race again?

Are we got caught in the rat race again. We just running around in circles and the faster we run the faster we get tired and finding ourselves getting nowhere. Everyone of us has a dream. It maybe freedom of time or unlimited resources to travel the world. But most of us are chasing our [...]

Staying Strong During This Tough Time

We all know that things are not looking good out there. Everyday we hear more and more bad news about the economy, retrenchment everywhere and people are losing job everyday. But we still need to carry on, we still need to work so that we can put food on the table for just another day. [...]

Another Bank to go down RBS

When we all thought that the recession is about to bottoms up, there is another news that the Royal Bank of Scotland RBS is going into very bad losses and need huge capital injection to stay in business. The big question now is when the downslide is going to end and as we talk the [...]

RM5,000 for 15 years car

The government proposal to give RM5,000 incentives to people who discard their cars aged more than 15 years is timely to boost back the economy of the country. Motor vehicle is an important industry as it contribute jobs and security to may workers worldwide directly and indirectly. In the US, GM and other big makers [...]

Funniest Politicians

We in Malaysian has been entertained by a series of clowns we called them politicians with their stupid acts recently. The are those who perform frog jumping, photo black mailing, endless by elections (who knows how many more we going to see till year end) and many more. Simply for what, for power and personal [...]

No holding back

Today we saw the oil price retreat again and another worry that the world economy is far from recovering. The Asian stock markets also dropped with concerns that Japan is going into a deeper recession. So far there is no sign of any early recovery at the manufacturing side as orders has dropped and many [...]

The jobless figure in Malaysia

We are already in the first week after the Chinese New Year and it was forecasted that more workers will lose their job as companies downsizing their operation or closing their business. Many multi national companies in Penang and Kl already made announcement that they are going to to make some restructuring in operation and [...]