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Mirren M

Malaysia sees need for easier monetary policy - 0 views

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    Due to the United States and European debt crises, Malaysia is adviced to keep monetary policies loose. As of last August, "Malaysian annual inflation touched a 27-month high at 3.5% in June, reinforcing expectations of a 25-basis point rate rise in September."
Mirren M

Potholes on major roads and highways causing hardship to motorists - 1 views

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    This article talks about how the rainy season in Malaysia has affected the roads in Johor Bahru (JB). The potholes raises the risk of accidents and contributes to noise pollution. "There are already many of my friends poking fun that JB means (Jalan Berlubang)." ---- Jalan Berlubang is Malaysian for roads with holes!
Mirren M

Palm Oil and the Economy - 0 views

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    Basically what this article is trying to convey is the issue of the unstable price of palm oil in Malaysia and how it affects and is affected by the economy. The decease in demand of palm oil due to high stock and a festive season ending is assumed to increase due to other festive seasons starting therefore predictably showing a recovery trend.
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    This is an example of the non-price determinant of demand that we learned about earlier, seasonal change. As different festive seasons approach, different demands change. Another example would be as some cultures celebrate Halloween at the end of October, the demand for pumpkins (and candy!) increases.
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