tag:blogger.com,1999:blog-6297413898275266606.post4703107390952202651..comments2024-03-27T18:15:59.096+08:00Comments on Economics Malaysia: The Hammer Fallshishamhhttp://www.blogger.com/profile/06265308095732759923noreply@blogger.comBlogger8125tag:blogger.com,1999:blog-6297413898275266606.post-45214306840143767332013-08-25T00:50:24.587+08:002013-08-25T00:50:24.587+08:00Shadow Banker,
The media is late to the party as ...Shadow Banker,<br /><br />The media is <a href="http://econsmalaysia.blogspot.com/2010/11/warisan-merdeka-klfid-and-demand-for.html" rel="nofollow">late to the party as usual</a>. Yes, incoming supply of commercial office space is a concern.<br /><br />I don't think we'll see too much correlation in interest rates between Malaysia and the US - because the Ringgit is nonconvertible hishamhhttps://www.blogger.com/profile/06265308095732759923noreply@blogger.comtag:blogger.com,1999:blog-6297413898275266606.post-59273914940158092432013-08-24T12:37:09.866+08:002013-08-24T12:37:09.866+08:00Hi Hisham H
We don't exactly have the securiti...Hi Hisham H<br /><i>We don't exactly have the securitisation problems that triggered the 2008 crisis in the US. The impact on non-banks is probably going to be greater, as they are more highly exposed and their credit standards are considerably lower</i><br /><br />I reviewed some banking data and on the surface , it does seem to be the case. NPL's are low - right now. That said, there Shadow Bankerhttps://www.blogger.com/profile/05808674289534888830noreply@blogger.comtag:blogger.com,1999:blog-6297413898275266606.post-44523405179530832912013-07-12T18:57:04.444+08:002013-07-12T18:57:04.444+08:00I would rather believe that the problem is not tru...I would rather believe that the problem is not truly the availability of financing, it is more that those provided the financing are over extended in the first place and should not have been provided the facilities. The lack of understanding of economics and finances are the result of an education system that have neglected the understanding for savings, the understanding of using financial Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-6297413898275266606.post-54151519762849733762013-07-12T16:05:28.545+08:002013-07-12T16:05:28.545+08:00oh hell's bells, the damned account doesn'...oh hell's bells, the damned account doesn't bear any interest, it's only that for eg if my loan is RM200,000 and i park RM100,000 into this special account, i pay interest on the balance RM100,000 only. sorry for misinforming earlier. So, end of the day, i still gotta pay interest to the bank, except that it's less than if i were to pay in conventional monthly instalmentsdukuheadhttps://www.blogger.com/profile/14663352492665996494noreply@blogger.comtag:blogger.com,1999:blog-6297413898275266606.post-55001981546900570292013-07-12T15:58:13.660+08:002013-07-12T15:58:13.660+08:00me and my wife bought a terrace house under constr...me and my wife bought a terrace house under construction and took out a loan for 30 years. i'm parking my savings in a special account that bears the same interest as our loan (monthly charge RM10 and one time account opening fee of RM200). So the loan will be paid out of this account over time and i am also free to withdraw my money if i need to invest in stocks etc. dukuheadhttps://www.blogger.com/profile/14663352492665996494noreply@blogger.comtag:blogger.com,1999:blog-6297413898275266606.post-1623307981255155212013-07-09T10:34:31.145+08:002013-07-09T10:34:31.145+08:00I am quite agree with your last paragraph. I am quite agree with your last paragraph. Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-6297413898275266606.post-52583274984591152902013-07-09T10:23:18.097+08:002013-07-09T10:23:18.097+08:00hyelbaine,
1. The transmission of policy rate cha...hyelbaine,<br /><br />1. The transmission of policy rate changes into lending rates is "incomplete" i.e. less than 100%. <a href="http://econsmalaysia.blogspot.com/2011/07/nontransmission-of-monetary-policy.html" rel="nofollow">My calculations</a> suggest less than 25% of any policy rate increase would actually end up affecting new loans, and about 36% for existing.<br /><br />2. Highlyhishamhhttps://www.blogger.com/profile/06265308095732759923noreply@blogger.comtag:blogger.com,1999:blog-6297413898275266606.post-81589399816179625532013-07-09T08:51:16.856+08:002013-07-09T08:51:16.856+08:00You (who I respect a lot) believes it's about ...You (who I respect a lot) believes it's about time. I on the other hand believe that it's a little bit too late. Many are leveraged beyond belief (multiple housing loans, car loans, personal loans, credit card debts) that it only needs BNM to increase it's OPR by a hundred basis points for everything to crumble.<br /><br />Having to take a loan to study is one thing. Taking out a loanhyelbainehttps://www.blogger.com/profile/17715260157108296605noreply@blogger.com