Thursday, May 27, 2010

GDP, OPR and Weddings

GDP
PM Najib announced a 10.1% GDP growth for quarter one 2010. To me Najib is Malaysia's football quarter back for Malaysia to achieve high income status. Similarly quarter 4 2009 GDP was revised to 4.4%.Right on PM Najib!

O.P.R.
The OPR was raised 25 bsp on March 4, 2010.
On May 13, 2010 BNM raised the OPR another 25bsp to 2.5%. Thus the ceiling rate is 2.75% and floor rate 2.25%
To me this increase is timely but Malaysians must remain cautious especially with the crisis of sovereign funds in Greece, Spain and Portugal.


Universitas Nasional Jakarta
I remember in 1978 while we were staying in Tampin, my family would go to Kuala Lumpur every school holidays. There my late father would attend his National University lectures at Aminudin Baki School near Kg Pandan. Once I met his dosen(maybe his dean) DRS Ghazali Dunia - Datuk Diraja Perak.Universitas Nasional Jakarta is a private university thus I now understand why my father sold his Hitler VW in 1979. We took the bus for the next 2 years.


Weddings......
My heart breaks when I learned that none of my 24 Malaysians who attended University of Saskatchewan with me ever invited me to their wedding. The point is they know I hate weddings. But I remember attending a wedding at Spadina Avenue Saskatoon. The couple purposely held the wedding outside a church so I could attend the "I Do" ceremony.
Well, its life when you are nobody and poor......

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