Archidex Exhibition 2015 August 16, 2015 bizadmin I attended the Archidex exhibition recently from 12 – 15 August 2015 at KL Convention Centre and if I am not mistaken, there were 9 halls with various booths of different home and construction products. What I particularly like was a new type of laminated wood infused with negative ions particles via nano technology. The cut apple will remain fresh and not get oxidised and turn brown when place on the wood. You can even check the negative ions counter and when you place your handphone over it, the counter immedately register near zero instead of negative in the thousands since electrical gadgets emit positive ions that make us lethargic and tired. I collected many colourful canvas bags, pens, note book and a diary. Some people even got themselves long golf umbrellas and big teddy bears.
Going to Mandarin Oriental Hotel August 13, 2015 bizadmin I am now in KL since 2 days ago and later this afternoon after lunch, will head straight to Mandarin Oriental Hotel using the 50% discount Elite voucher and pay $490++ with 10% service tax and 6% GST. There is an exhibition at KLCC and our potential supplier from China is there. We will also meet up with another current supplier from China at the hotel. The original plan was to go to Genting Highlands and enjoy the mountain air, but with our supplier participating in the exhibition at KLCC, we decided to stay for 1 night at Mandarin Oriental Hotel which is just a stone’s throw away within walking distance. Mandarin Oriental is founded in Hong Kong but 51% owned by Petronas in Malaysia.
Gazon synthétique Turf August 8, 2015 bizadmin We are in the sports surfacing business and buy synthetic turf to install on tennis courts and futsal courts or even hockey fields. It is easy to import the synthetic turf and have our men install them with white playing lines included. For the playing lines, the turf is white in colour and may be stitched together with the green turf for straight lines that comes with the import. As for curves or circles, then we use the cut and paste method in short stripes and glue them on the ground. In the meantime, you can check out Gazon synthétique by clicking on the link given to find out more information.
clashfx.com scam August 7, 2015 bizadmin I just joined clashfx.com today after checking out about it online. I have deposited at least $500 and recently made $550 that I plan to withdraw. It is a secure system where all transactions they handle are SSL encrypted and thus protected from hacking attempts. So, you can be assured that your passwords, and login ids are safe. For those with some cash to invest, this system can sometimes make you money if the trend goes up and not come down. In all investments, just be cautious of where your money goes and check constantly. You can register here via my link at www.clashfx.com. Easy. Safe. No risk.
Pressure on ringgit remains unabated August 4, 2015 bizadmin At RM3.85 to the US dollar, the selling pressure on the ringgit remains unabated on the back of two probable developments – first, the widely speculated put option that traders had gone into a few months ago offering RM4 for every US dollar. The second is the arbitrage difference between the non-deliverable forward (NDF) ringgit offshore contract versus the onshore ringgit forward contract. As of yesterday, the one-month NDF offshore had an implied yield of 8.2% versus the onshore forward yield of 3.2%. “That’s a very decent arbitrage yield of some 5%. This is clearly another channel of pressure for the ringgit,” said Dr Suresh Ramanathan, an independent interest rate and foreign exchange strategist. An NDF contract is a short-term forward contract where the profit or loss is calculated based on the difference between the forward rate and spot rate. It is settled in US dollars and the tenure can be one month or up to one year. Since the ringgit is not available in large amounts in the offshore market, the NDF is the common benchmark used to speculate the currency. Yesterday, the ringgit hit a fresh 17-year low of 3.8517 against the greenback. Year-to-date, the ringgit has lost about 8.4% against the US dollar, making it the worst-performing currency in Asia. Suresh is, however, not overly pessimistic about the ringgit’s depreciation, as he is of the opinion that beyond the RM3.70 level, a lot of the selling pressure was purely due to arbitrage opportunities and the currency will eventually revert once the arbitrage window in both the forward and options market closes. Last week, it was reported that Bank Negara was attempting to stem the decline of the ringgit by persuading traders to not enter into forward contracts to sell the ringgit. “The message was to go long on the ringgit and short the US dollar,” said a trader. This comes as dealers get offers to enter into a “put” option for the ringgit at RM4 to the US dollar over a period of between three and six months. This means that the counter party has taken the view that the ringgit will go to RM4 against the US dollar in three months and is prepared to take delivery from the dealer at that price when the time comes. Nonetheless, over the near term, there is still risk for the ringgit, for instance, the high bond holdings by foreigners. Should the ringgit continue to weaken, this could be a third channel of pressure, as foreigners may start selling off their ringgit-denominated bonds. The foreign shareholding on the ringgit bond market, via the Malaysian Government Securities (MGS), remains high. With the value of the ringgit depreciating by the day, the 3% to 4% yield that foreigners are getting from the MGS is significantly being eroded. As at end-June, foreign ownership of MGS stood at 47%, or US$43bil (RM165.55bil) of the total outstanding of US$92bil (RM354.2bil). “The signal this sends is that the foreigners holding the bonds are still comfortable with the ringgit risk,” said a dealer. It will be interesting to see Malaysia’s current account position when Bank Negara announces Malaysia’s second-quarter gross domestic product (GDP) later this month. Economists are forecasting the current account surplus to narrow mainly because Malaysia’s main exports will be hit both by the weak ringgit and lower oil and commodity prices. Oil-related products make up more than 20% of Malaysia’s exports. On the other hand, Malaysia’s import bills will increase due to the strengthening US dollar. Furthermore, Petroliam Nasional Bhd, which contributed some 22% to national coffers last year, has built its 2015 budget based on oil prices of US$55. As of yesterday, Brent was trading at US$51.03. Malaysia’s revised Federal Government budget is also based on Brent crude oil at US$55 per barrel In the first quarter, Malaysia’s overall current account advanced to RM10bil (or 3.6% of GDP). That compares with RM5.7bil (or 2% of GDP) in the fourth quarter of 2014.
It is Good to Have a Supportive Spouse July 29, 2015 bizadmin My home had been a battle ground until granny was transferred to an old folks home and I was caught in between 2 warring parties. So, when I bought my own condo and stayed with my spouse, things improved a lot for at least 2 years until recently when the new tenants started moving in. The home stay programme caused some vandalism recently but thank goodness, it had stopped. Now it is more peaceful again and with a supportive spouse, life away from home is much more bearable. He pays for majority of the stuffs like new lighting in my computer room to replace a dimmed light that always need replacement every few months. Hence, I decided to change the whole ceiling light to a brighter one with twirling bulb that is electricity eco-save.
Finland Online Casino Games July 27, 2015 bizadmin My second sister used to have a boyfriend from Finland and they met while working in Singapore. Then she stayed at his place for 3 months in Finland trying to learn Finnish and his father owns a small island with a hut there and occasionally goes to the island for fishing and boating. Well, that was all in the past and now she is getting married to a Brit in October this year in Southampton, UK. I have positive thoughts of Finland, they are the founders of Nokia the hand phone that is used worldwide and sold to Microsoft. If I were to play any online casino games, I would certainly choose netticasino Suomi. You can click the link given to find out more information. What’s more, you don’t have to travel to Finland to play casino games if they have any at all, but by being online, you can do it right at the comfort of home and the tap of the keyboard.
Renewed The Star for Another Year July 26, 2015 bizadmin Just last week, I renewed The Star subscription for another year including the digital format on my iPhone 6 app. Then I reset my iPhone to get the email signature ‘from my iPhone’ but it was not so on the new iPhone. Lo and behold, everything was reset including my wiFi passwords and The Star app password. So, now I cannot read anything on my iPhone as far as The Star digital newspaper is concerned. I need to wait till tomorrow on Monday to call up the circulation department of The Star to reset my details so that I can read online again. Sheesh!