Thursday, February 28, 2013

Malaysia Attracts More FDI Investments

Malaysia attracted RM162.4 billion worth of investments last year, its highest on record in six years.

The record level, against a backdrop of subdued global investment flows, exceeded the official target by 9.1 per cent.

Much of 2012' investments were in new and emerging technologies, particularly within the aerospace, semiconductor, solar, machinery and equipment, biotechnology, petroleum and petrochemical products and medical devices as well as the oil and gas sectors.

The 5.1 per cent increase, through 6,442 projects, could generate 182,841 jobs, mostly in the services industry, said International Trade and Industry Minister Datuk Seri Mustapa Mohamed yesterday.

Domestic investments contributed the most in the manufacturing, services and primary sectors with RM127.6 billion (78 per cent).

Selangor received the largest amount in approved investments with RM23.4 billion, followed by Sabah (RM11.6 billion), Kuala Lumpur (RM9.7 billion), Sarawak (RM9.4 billion) and Johor (RM7.4 billion).

The Malaysian Investment Development Authority (Mida) said in 2012, a total of 804 manufacturing projects were approved involving investments of RM41 billion compared with RM56.1 billion for 846 manufacturing projects in 2011.

Foreign investments amounted to RM20.8 billion and accounted for 50.7 per cent of the total investments.

Japan was the major source with RM2.8 billion, Saudi Arabia (RM2.6 billion), Singapore (RM2.2 billion), China (RM2 billion) and South Korea (RM1.6 billion).

New or greenfield investments through 473 projects totalled RM26.8 billion.

Some RM21.2 billion of the manufacturing investments went into the economic corridors located in the north, south and east regions of Peninsular Malaysia and in Sabah and Sarawak.

The Sabah Development Corridor recorded the highest with RM5 billion, the East Coast Economic Region RM4.6 billion, Sarawak Corridor of Renewable Energy RM4.3 billion, Iskandar Malaysia RM4.2 billion and Northern Corridor Economic Region RM3.1 billion.

The services sector contributed 72 per cent of approved investments last year, with real estate the leading contributor (RM58.8 billion) followed by utility (RM12.6 billion), hotel and tourism (RM8.9 billion), transport (RM6.8 billion) and telecommunications (RM6.6 billion).

The primary sector, which covers agriculture, mining and plantations and commodities, attracted investments worth RM3.8 billion.


FDIs seen exceeding US$12b this year.


KUALA LUMPUR: Foreign direct investments (FDIs) will likely exceed US$12 billion (RM37.2 billion) this year, spurred by improvements in the electrical and electronics (E&E) sector on the back of a recovery in the advanced economies said International Trade and Industry Minis-ter Datuk Seri Mustapa Mohamed.

E&E has traditionally been the main investment driver attracting foreign interest in the manufacturing sector. However, investments plunged from RM16 billion in 2011 to RM4 billion last year.

"It is partly due to the global (down) cycle of the sector plus Malaysia now no longer attracts the labour-intensive type of E&E investments ...we are no longer competitive here as we are moving up the value chain," he said at a briefing by the Malaysian Investment Development Authority (Mida) yesterday.

A total of 112 E&E projects with investments of RM3.9 billion were approved last year, most of which came from foreign investors (82.1 per cent).

The sharp rise in investment in high value-added sectors such as medical devices, biotechnology and services sector are offsetting the gradual decline of investments into labour-intensive industries.

"Expect more interest from China and Singapore this year," he said, following the interest both countries showed in the growth corridors.

The impending general election, he said, does not have an impact on major investment decisions as reflected in the case of Medini, the waterfront project in JB and also the Malaysia-China Kuantan Industrial Park (MCKIP).

Mustapa, who will be attending an investment forum in Singapore, explained that the neighbouring country, faced with cost pressures, is keen to expand in the manufacturing and services sectors.

On the outflow of investments, the trade minister admitted there has been a wide gap with the inflow of investments in recent years but that reflects the accelerating interest of Malaysian companies to grow their businesses abroad.

"Direct Investment Abroad has exceeded net FDIs but that is not total-ly unwelcome. Investments abroad by Petronas, Khazanah Nasional and our banks have earned dividends."

--Btimes

Wednesday, February 27, 2013

Malaysia Gets Kudos From World Bank

KUALA LUMPUR: Malaysia has received strong ratings from the World Bank in its Corporate Governance Report on Observance of Standards and Codes 2012 (ROSC).

The country has also been recognised as a regional leader in corporate governance and has made substantial progress in improving the legal and regulatory framework in relation to corporate governance.

According to the report released yesterday, Malaysia’s overall scores are higher than the average scores of countries within the Asian region.

The report also acknowledges that Malaysia has a large capital market, strong institutions, sophisticated participants and high quality accounting practices.

“It is important to have in place a strong corporate governance eco-system in order to sustain active investor interest and growth in the capital market.

“We are highly encouraged by the strong endorsement by the World Bank on the collective efforts by the regulators and the industry in strengthening corporate governance in Malaysia,” Securities Commission chairman Datuk Ranjit Ajit Singh said in a statement.

The Corporate Governance ROSC, which is an independent assessment carried out by the World Bank, examines the country’s corporate governance framework benchmarked against the Organisation for Economic Cooperation and Development (OECD) Principles for Corporate Governance.

This is the third time that Malaysia has participated in the assessment, the first was in 2001, and subsequently in 2006.

This follows a similar assessment on accounting and auditing ROSC concluded by the World Bank last year, in which it recognised amongst others, the progress Malaysia has achieved in improving the quality and consistency of corporate financial reporting.

Additionally, the World Bank in its “Doing Business Report” 2013 ranked Malaysia fourth for investor protection. In the Corporate Governance Watch Report 2012, a biennial report by the Asian Corporate Governance Association in collaboration with the CLSA Asia Pacific Markets, Malaysia had also moved two notches from the sixth position it held in 2010, to the fourth position.

--TheStar

Monday, February 25, 2013

Malaysia 2013 GDP May Surpass Last Year's 5.6pc

MALAYSIA'S gross domestic product (GDP) this year is expected to rally behind the strong momentum recorded last year and may even outperform the 5.6 per cent growth achieved in 2012.

Minister in the Prime Minister's Department Tan Sri Nor Mohamed Yakcop said investment and strong domestic consumption, backed by improving external demand, will be the prime movers for the growth.
He said investment by both public and private sectors will remain the main engines of growth.

Ongoing projects under the Government Transformation Programme (GTP) and the Economic Transformation Programme (ETP) are among the key investments that will create a huge impact on the economy.

Nor Mohamed, under whose portfolio the Economic Planning Unit falls, pointed out that the RM23 billion MY Rapid Transit (MRT) project in Kuala Lumpur is one of the examples of high-impact projects under the ongoing transformation programmes.

"The bigger portion of the MRT will take off this year and we expect to see a significant impact from this project.

"This positive outlook is also based on the ongoing multi-billion ringgit development projects at the Iskandar Development Corridor in Johor while in Penang, the completion of the Second Bridge this year is expected to create positive impact on the state's growth," he said.

Nor Mohamed was speaking after handing over 1Malaysia Book Vouchers to Universiti Sains Malaysia students at its main campus in Gelugor yesterday.

He added that domestic consumption is expected to remain strong and cash aid, such as the Bantuan Rakyat 1Malaysia (BR1M 2.0), will further boost the people's expenditures.

"These cash handouts will boost the domestic consumption and the velocity of money in our economy," he said.

On Wednesday, Bank Negara announced that Malaysia recorded a 6.4 per cent growth for the last quarter, which translates into an annual growth of 5.6 per cent in GDP year-on-year.

--Btimes

Thursday, February 21, 2013

Robust Growth For Malaysia

RESILIENT: Economists cite Malaysian government handouts and supportive monetary conditions.

MALAYSIA is likely to record a robust growth in the fourth quarter of 2012, reflecting its resilience amid the challenging global conditions.

Bank Negara Malaysia will release details of the economic performance in the last three months of the year later today.

According to a Business Times poll, the fourth quarter will likely clock an average 5.02 per cent, drawing a similar average for the annual growth in 2012.

Bank of America Merrill Lynch expects a robust fourth quarter, supported by government handouts and supportive monetary conditions.

"Growth will be led by strong investment growth, spurred by infrastructure projects, and healthy consumer spending," said its Asean economist Dr Chua Hak Bin.

Against a global economy still fraught with uncertainties and unsteady growth levels, economists polled across Malaysia and Singapore, however, share a softer outlook for the Malaysian economy for 2013, with expectations of a 4.83 per cent average growth.

Credit Suisse has revised its growth outlook for 2012 and 2013, saying the revision reflects stronger than expected fourth quarter industrial production and an improved export outlook, which is partly due to Japan's reflation policies.

The industrial sector carries significant weight in the overall gross domestic product (GDP) in Malaysia at 39 per cent and this will give a strong lift to the fourth quarter.

"With the better GDP growth outlook, we think Malaysia will be among the first central banks in Asia (after Indonesia) to shift towards a more hawkish bias, perhaps after the general election, in the second half of the year," said its economist Santitarn Sathirathai.

Alliance Research remains cautious of a sustainable trend in the short-term, saying a major worry is the easing demand for commodities, including crude palm oil and rubber.

The fourth quarter GDP may have remained steady despite strong headwinds externally, hence a softening from the 5.2 per cent growth in the third quarter.

As for 2013, it expects GDP growth to be driven by sustained strong domestic demand activities, led by the implementation of the Economic Transformation Programme projects.

OCBC Bank is also forecasting the strong momentum in investment growth to continue into 2013, especially in the first half of the year, with the recent announcement of a further RM6.7 billion worth of projects approved between September and November last year.

The bank, however, has a more conservative outlook for 2013, saying it does not anticipate another 20 per cent investment growth.

Gundy Cahyadi said the ongoing risks stem from the lacklustre global demand and uncertainties linked to the upcoming general election.

"We expect to see fewer EntryPoint Projects announced in the first half, given the frontloading in 2011-2012 as well as the possibility that a large part of investors would want to hold back on their new investments to after the general election.

"This would presumably weigh on sentiment among business owners, exacerbating the already gloomy sentiment that was dominant in third quarter."

With the manufacturing sector already running at about 80 per cent to 82 per cent capacity utilisation rate, there is limited room for production growth in the short-term.

"As such, it would be crucial to monitor the trend in imports of capital goods going forward, as only a sharp increase in new investment could lead to a higher capacity in the near-term."

Cahyadi expects investment growth to moderate to seven per cent to 10 per cent year-on-year in 2013, taking into account the high base effects.

--Btimes

Saturday, February 16, 2013

Setback and Wake-Up Call

Good times fly, now turns ugly in 2nd half of the year 2010 and onwards. It was a blind year for me, I would say. I almost lost all of my capital due to my poor trade, impatient and indiscipline fighting with my emotion! I am too greed and I trade more on contra and FKLI in big volumes with the aim to clear all my debts fast (this was my objective for 2010).

I am actually forcing myself too hard reaching out of my limit. I was struggling and it is the most painful time I need to ride through on that year. My capital was slowly eaten by the market and depleting fast. I did not believe what have happen to me. I try to win back my losing money instead making more losses. Finally, I told myself let’s stop! I can’t go on like this and I can go worse and broke! At that time, I only left with RM6K in my trust account and FKLI fund all gone and have to pay for my losses!

So in 2011, I have been kick-out from stock market totally. Staying sideline for almost a year, re-evaluating my mistake and re-engineering my trading techniques and myself. What is my mistake in 2010/2011? It is about my goal. 1) Timeline too short and hard to reach. I set to gain RM500k in a year! I am too serious! 2) I am out of focus! It is more about my poor trading psychology - greed, fear, confusion, impatient, hope and expectation that contributes toward my trading mentality failure. My emotion is the culprit! Simple as that!

Now I am carrying one of the important quotes with me “Don’t play the market all the time. It can’t be done, too tough on the emotion” - Jesse Livermore. I have to stay more focus this time and trade only when I wanted to trade. With this all set, I am ready to start again. This time I want to go easy and in slow pace. Attaining my debts free status and building my personal wealth still will be my main objective. I have set longer period to achieve my goal, that is about five years target and I am looking for a smooth sailing years for me.

In Dec 2011, I move into stock market with only RM5k as my capital! With only small amount of cash to start, I need to fully make use of my capital to the fullest gain as much as possible. In other words strive to be more efficient and productive! It is very challenging but not impossible!  

My productivity mindset turn out to be good and for my 2012 performance review, I manage to make more than 200% return! Thanks to my own motto of motivation - master my trading system and master myself! If I can maintain such momentum for five more years, I will be on track to achieve my financial freedom by 2018.  I am sure I can make it! :-) 

For my 2013 capital, I only use RM10K as my start up - my new rule is always cash out yearly some of my capital gain out from the market. I use it for debts payment and some saving for emergency use or in case I meet up with my setback again I can use this money as my financial rescue in the stock market but I foresee it will not happen again! 

Since the 2010 incident, I have gain more knowledge and I am more confidently prepared myself. Yes indeed, emotionally and technically ready to beat the market again! Well, in order for me to stay very fit in the stock market game I have create myself a motto - "Trade with Confidence". Yes, trade with confidence is my own inspiring words since I start fresh 2012 in stock market and will be my lifetime motto till I retire from stock market! Good luck to me! :-)

That's all about my stock trading journey and hope you enjoy reading and wish you all good luck as well and happy trading. Cheers! 


My Stock Trading Journey Stories
My 1st Reaction As Stock Market Newbie #1
My 1st Reaction As Stock Market Newbie #2
Money Not Enough #1
Money Not Enough #2
Freelance Stock Trader

Monday, February 11, 2013

Year Of The Water Snake Predictions

THE new energies of the Year of the Water Snake slithered in at 12.15am on Feb 4, replacing the tumultous zeal of the Water Dragon.

Will the year be better? More importantly, are there wealth opportunities and will the tides of change bring about better developments?

Joey Yap, the founder, CEO and master trainer of the Mastery Academy of Chinese Metaphysics says that globally, problems will not dissolve in 2013. In fact, it will be prolonged to 2014.

“When we look at the Bazi chart for the Water Snake year, the prominent elements this year are wood, metal and fire. There is especially a lot of wood, which is likened to a big tree.

“The wood is like a small knife. Hence the year is defined as a small knife cutting a big tree,” says Yap.

As the Water Snake will continue to see a lot of volatility, Yap says the strategy of investment should be skewed towards trading. Hence, do not be so defensive and start investing!

Unlike most people who are not calling outright buys on Malaysia, Yap is especially positive about Malaysia's prospects, and sees the country doing relatively well compared with other countries.

“Malaysia has the presence of the growth star, so I feel Malaysia is actually going to do better despite what everyone says. People are willing to take more risk in Malaysia and Singapore. You will be surprised. Malaysia will be better this year than last.


He adds that for Malaysia, the wealth stars appears in April, July and October. There will be a total of four wealth stars this year. During this period, there will be an influx of wealth and business. Hence for Malaysia, Yap also favours the second half of the year compared with the first half of the year.

Furthermore, a very pleasant development is that money flows out of China, and comes into Malaysia! With Star 3, which is the Fighting Star governing China, people will be moving their money out of China into Thailand, Vietnam, Malaysia, Singapore and its ultimate destination, Australia.

Kenny Hoo, founder and chief researcher of Good Feng Shui Geomantic Research says that the Year of The Water Snake is the year of correction. It is signified by changes, be it new policies, new systems and new guidelines. He says people may feel uncomfortable because they will not be able to do things the same old way. It can be painful even.

“In Malaysia especially, the first half will be marked by transition. There will be uncertainty, there be repackaging and restructuring.

“We will see new products and new services coming onstream. After July, we can expect to see major improvement, whether it's in the economy and the stockmarket. In fact, the uptrend may be rather exponential,” says Hoo.


Meanwhile, Asian brokerage and investment group CLSA Asia-Pacific Markets earlier this week launched its 19th annual CLSA Feng Shui Index, which is a tongue-in-cheek look at what the celestial signs suggests is in store for stock market indexes, key sectors and each of the 12 Chinese zodiac signs during this Year of the Black Water Snake.

Based on the Fengshui index, it would appear that equity markets perform better in the first half, and experience more volatile trade in the second half. Overall, the index will finish on positive territory by year end. The big drop in the market is likely to happen in the August to September period.

The United States

So what does the analogy of the small knife cutting the big tree mean, especially for the United States, the world's biggest economy?

“In America, it has a debt problem. It is unable to settle this debt. The wood element is wealth. So the abundance of wood represents that it cannot control money. When wealth is too strong and the self is weak, this means you cannot control your wealth.

“So it is like a rich house with a poor person. That is the image of how America looks like. It is a rich country but the people are poor,” says Yap.

He points out that Star 7, which is the star of injury, bloodshed and fights is present in the United States this year.

“So the US will be mired in shootings and security issues. Security becomes a major problem in the United States. That affects business negatively. Star 7 is also a star of fear.

People in America are afraid of spending. So they stop spending their money, meaning the economy is not going to move, it's going to contract. In America, they may be talking about boosting this and that, but it's all talk and no action,” says Yap.


Nonetheless, the fortunes of America will not be uniformly in the doldrums as Star 7 is a metal star which runs all the way until July before its energies start to dissipate.

“So you will feel the effects in the first half of the year, but it gets better until the November period. Then the energies will come back in the beginning of 2014,” says Yap.

So the United States will think it is recovering, but later on discover that the small knife cannot cut a big tree, so this illusion of a recovery disperses. Hence they become disillusioned,” feels Yap.

In the United States, it is an issue of people losing confidence in their politicians. They do not see light at the end of the tunnel.

Hoo also feels that America will not see much progress.

China


As the opposite of the West is the East, the opposite of the United States is China. When the United States is not doing well, China will do well.

In China, there is Star 3, which represents growth. The problem with Star 3 is that it is a Fighting Star. There is fight for power.

The problem in China is about who is in control. There is a lot of corruption. Star 3 is also a star of corruption.

There will be a lot of scandals, with people in power losing their grip, parties being divided two to three-folds,” says Yap.

Yap adds that the 3 Killings Star is also present in China. With Star 3being a wood star, and wood-based industries include manufacturing and production, manufacturing will slow down. Thus the picture painted is the 3 Killings Star killing Star 3.

“It's like throwing strong cyanide down to the plants. So growth will slow down in China,” says Yap.

Europe


Now, in the middle of China and the United States is the Middle East and Europe. This area is governed by Star 5Star 5 is a star of change and renewal. Picture the entrance of a new king.

Yap foresees Europe continuing to remain on a standstill with no improvement. Everyone continues to look inward.

“Hence wars in the Middle East get worse. There will also be a dose of natural disasters. People will be divided. This poison will spread to Europe, and hence there will be change,”

“Germany has been the one which has been in power, but it is now losing its grip. It will affect its stability. The 5 Yellow star is present in the entire eurozone area. This star does not represent growth.

He says Germany is focusing very much on its internal issues. Correcting its own scandals, throwing out the rubbish. “They are looking inward this year.”

Meanwhile, in France, it is governed by the Horse animal sign.

“This year, the Horse has nobility stars. Thus despite all its issues, it will get its act together. The tides turn to its favour.

Malaysia


With all the bad stars roiling across the major economies, is there any bright spot at all?

Yes, and fortunately for us, it is right here in SouthEast Asia!

“South-East Asia is governed by Star 4, which is a star of growth. Star 4's wood element is able to control and counter the 5 Yellow earth star. Furthermore, Malaysia is born in the Year of The Rooster. The combination of the Rooster with the Snake year is a good one. So as a comparison to the whole world, South-East Asia is doing well, and Malaysia will grow,” says Yap.

“We are in a region where there is a growth star. Despite us having the small knife cutting the big tree. We don't have big problems. So people will turn to South-East Asia for manufacturing or business prospects. Despite the fears people have about the stability situation here, investments into the country will continue to pour in. China will be bringing more money here,” says YapHoo agrees. He says that southern countries do well.
“There will be clashes in the first six months, but things get a lot more smoother and stable in the second half. Hence my strategy will be for investors to start accumulating now and sell during the second half,” says Hoo.
Zeroing in on Malaysia, Yap says the Malaysian Bazi chart has the animal signs of Monkey, Rooster and Boar, which spells a positive start for the snake.
As Malaysia has a Wood Day Master, this shows that wood-based industries will do well. Wood-based industries include the timber, furniture, healthcare, medicine, herbs and anything which has anything to do with improving health. Hence the sports sector will also do well. Education, speaking, teaching and training sectors will also do well.
The other element that is expected to do relatively well this year is the Fire element.
For Malaysia though, the fire is rather muted. In Malaysia, the fire sector includes sectors such as oil and gas, palm oil and the airlines. He does, however, foresee a challenging time for airlines.
Hoo says that the fire sectors such as telecommunications, oil and gas and electronics will be facing new competition and new guidelines.
As for the property sector, which is defined by earth, there is no clash with the other elements. Growth is, however, slow, as the earth element is not in abundance this year.
“So you will need to look at the developers and property launches. If they are launching their ready product this year to be sold, it won't be too good. If they are launching their products this year to be sold in the next few years, then it is ok. Property is still a good long-term bet,” says Yap.
Thus, Yap will not advise investors to buy properties for flipping purposes. Buying for long-term investments or for cashflow will yield much better rewards.
On this note, Yap especially sees potential in commercial properties based on the formation of the water elements surrounding earth in the Bazi chart.
“Commercial properties will be snapped up fast as compared with residential properties. Earth is property. Earth controlling water is equal to money,” says Yap.
The growth star is also slowly moving towards Rawang. That will eventually be the growth property hub for Malaysia.
For this year though, the hot spots for property are north and south, which is Penang and Johor.
The Klang Valley is afflicted by the 5 Yellow star this year. While 5 Yellowdoes not represent growth, it is always a change for the better.
Thus for long-term purposes, Yap advocates buying property in the Klang Valley.
Meanwhile, Yap sees the banking sector being weaker this year. This is because there is too much wood element this year. This wood represents a lot of money, however, there are no takers. The question to ask is why are the banks not lending?
“The earth element is there. There is too much regulation, stopping the banks from doing business. It is like when you want to do something, and your mum is stopping you and giving you warnings. This is what happening in the banking industry. Too much earth producing metal, is like too much advice that is not necessary and will not yield an efficient result.”

--Thestar

Friday, February 08, 2013

A Swinging Year Of The Snake Ahead

PETALING JAYA (Feb 7, 2013): The coming lunar Year of the Snake is expected to bring persistent volatility in the local equity market, with good fortunes likely to rub on industries linked to Earth, Metal and Water elements such as property, construction, petroleum and banking, said HwangDBS Vickers Research Sdn Bhd.

"Against a turbulent market backdrop, the benchmark FBM KLCI could swing between 1,500 points and 1,750 points going forward, and probably settle at our fundamentally-driven end-2013 target of 1,690," said the research firm in a thematic report on what to expect in the Year of the Snake yesterday.

"Hence, investors should view any market dips as buying opportunities to ride on the subsequent recoveries."

In keeping with the two dominant elements for the year, Water and Fire, HwangDBS said businesses that could flourish in the coming year include property, construction, petroleum-related and mining, banking and finance and shipping, transport, courier and communication.

"At the current market level, we believe there is more downside risk than upside potential in Malaysian equities," said HwangDBS.

The research firm also listed eight stocks which it sees to have their fortunes tied to symbolic prosperity meanings or belong to the auspicious sectors in the Year of the Snake.

They are Malayan Banking Bhd (Maybank), RHB Capital Bhd, SapuraKencana Petroleum Bhd, IJM Corp Bhd, SP Setia Bhd, KLCC Property Holdings Bhd, WCT Bhd and Pos Malaysia Bhd.

HwangDBS said notwithstanding its favourable celestial readings, its stock picks are also backed by solid fundamentals. Their valuations are attractive with exciting growth prospects, it said.

The firm also said the presence of the Fire element (which represents the stock market) in this lunar year is expected to fuel equities to higher highs as well as send them to lower lows.

It added that the recurrence of an economic fallout in the US or a financial blow out in Eurozone could force a downward spiral in investors' confidence.

Advocating a defensive stance, HwangDBS said investors should flock to sectors or stocks that generate strong operating cash flows and pay appealing dividend yields such as Pos Malaysia, Maybank and KLCC Property.

HwangDBS also said lady luck is expected to smile on people who are born in the Year of the Rat, Ox, Horse, Rooster and Dog, animal signs that are in harmony with the Snake.

"But fear not if you do not belong to any of these signs, as wearing the lucky colours of purple, blue and green will supposedly bring you good fortunes, too."

--TheSun

Thursday, February 07, 2013

Malaysia Globalisation Index Ranking

Malaysia seen moving higher in globalisation index rankingIndustry areas that would be a major focus include, oil and gas, education, tourism, healthcare and agriculture, says a markets leader for Ernst & Young.

KUALA LUMPUR: Malaysia is projected to improve its ranking in the annual Globalisation Index to 20th this year from 26th previously, with Malaysian companies focusing on three key factors, namely, strategic thinking, execution and learning.


Azwan Baharuddin, markets leader for Ernst & Young, in stating this, also concluded that Malaysian companies need strategic thinking that can capitalise on the global and regional opportunities.

"This is particularly in markets which may not have been considered before," he said.

He was speaking to reporters on Ernst and Young's 2013 globalisation report, Looking Beyond the Obvious: Globalisation and New Opportunities for Growth, here yesterday.

Azwan said industry areas that would be a major focus include, oil and gas, education, tourism, healthcare and agriculture.

"As one of Asia's fastest growing economies, Malaysia performed marginally higher than the global average while maintaining its position at the 26th place.

He also said, an analysis of the 2012 Globalisation Index results indicates Malaysia is progressing steadily, driven by technology and trade.

"However, there are several issues that Malaysian companies need to focus on as they are growing," he added.

For instance, he said, they need to create customised strategies for chosen markets, while leveraging on technology that offers businesses the potential to grow. "Companies also need to review their operational processes and adopt speed and flexibility in meeting the rapidly changing markets." Bernama

Tuesday, February 05, 2013

The Few CNY 2013 Videos

Browse from youtube and found below CNY creative and funny yet interesting and meaningful touching and warm our heart videos and song :-)

Creative and Funny

Funny yet Interesting

Funny yet Interesting

Meaningful and Touching Song


Touching and Warm Our Heart

 


Njoy and Happy Holiday!

Monday, February 04, 2013

<<-- Gong Xi Fa Cai -->> With Starships

Today mark the start of the new snake year which we call it 'LiChun' - Lichun traditionally signifies the beginning of spring in East Asian cultures. This is the day we need to walk barefooted on the earth and look into the skies - feel yourself the earth and sky you were about connecting and wish for the goods to come in 2013 and ward off the bad from the past year. The best is to walk when sun started to rise high. I am wearing my new red dress to usher this snake year and will walk barefooted for 30 min and hope will have smooth and better luck in 2013. :-)

Well, I still have few more days to go before CNY and the mood is feeling good and excited! This week I will do my final shopping for additional new clothes, can foods, hampers,  etc. 

Finally wishing you and your family Gong Xi Fa Cai, Peace, Happiness and Prosperity and Happy Holiday for those not celebrate this CNY days. HUATTTT AHHHHH!!! :-) Cheers!


*** Forget KLCI *** Let's fly high with 'Starships'


My CNY list of movies to watch next week. Hope will not get too crowded. :-)

Friday, February 01, 2013

Freelance Stock Trader

set-up my first stock market web blog bursabulltrader.blogspot.com in mid 2006. I am rather active for the first 3 year and lot of visitors came to my chat room and we are learning from each other. There were few experience visitors as well, sharing their knowledge and provide guidance to all of us in the chat room. It was a happy moments and entertaining in the chat room throughout the years. Personally, I would like to take this opportunity to thank them for visiting my blog and I am hoping they were all doing good in the stock market and personal life.

During this period, I keep on learning a lot of technical analysis and putting to use in real life trade. Practising and applying my own formula for my own trading rules yet still did not progressing well but at least I did not loss much and make some profit. By end of 2006 I only manage to earn RM6K thru a roller coaster ride for past 6 months. I still did not give up and a lot of tweaks are done from time to time to find a comfortable trade setting and perfecting my trading system. I know there is more need to be done going forward.

I still ride with a roller coaster life in my 2007/2008 trading. I started to trade FKLI as well and it was really a different feeling. Trading futures index is like fast and furious. I need to have different mentality to adapt but it is a good experience to have. I manage to win more than lose in FKLI trading. This time I manage to generate profit of RM35K from stock and FKLI. The year 2008/2009 is a smooth sailing and progressing years for me as the market are recovering from the US financial crisis sell down. I am getting more confident and my trading system seems to be working! By end of 2009 I have earned around RM157K. It was my personal breakthrough and I was extremely happy and triumph with the result - from initial of RM20K now turn out to have RM218K in less than 5 years!

I decided to cash out 70% from my total capital and use it for my personal debts payment (car loan 45K, personal loan 30K and credit cards 50K - I was indeed a big credit card spender with pile of debts accumulated since 2001 and banks has earned good profit from my yearly interest payment!). Well, I also bought myself a new mid size car as my self reward :) - settle old car loan and start a new car loan debt account. See, this is how I get myself into debts again! 

Now, I have only about RM65K as my capital for me to trade again in stock market with the aim to create even more profit! This time I have new plan in my mind.

To be continue...

My Stock Trading Journey Stories
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