tag:blogger.com,1999:blog-6297413898275266606.post6230795696648605595..comments2024-03-27T18:15:59.096+08:00Comments on Economics Malaysia: ICYMI: Talking FX on BFMhishamhhttp://www.blogger.com/profile/06265308095732759923noreply@blogger.comBlogger8125tag:blogger.com,1999:blog-6297413898275266606.post-79300708973154349702017-01-03T12:29:20.892+08:002017-01-03T12:29:20.892+08:00@anon 11.20
It's not the export/import number...@anon 11.20<br /><br />It's not the export/import numbers that are the problem. Since the current account remains in surplus (and thus a net inflow), sooner or later that should - in theory - support the Ringgit.<br /><br />However, BNM data shows that since 2010, less than 1% of all export proceeds have been converted into Ringgit. Now THAT's a problem. In essence, it's as if we had hishamhhttps://www.blogger.com/profile/06265308095732759923noreply@blogger.comtag:blogger.com,1999:blog-6297413898275266606.post-48268818441999253212017-01-03T12:25:40.780+08:002017-01-03T12:25:40.780+08:00@Armando
Off the top of my head, there is a metho...@Armando<br /><br />Off the top of my head, there is a methodological difference between how assets and liabilities are recognised in the NIIP and the BOP. The NIIP will include not only valuation changes, but also retained income. The latter isn't included under the BOP - income flows are only recognised when that income is repatriated.<br /><br />A second issue is that while statistical hishamhhttps://www.blogger.com/profile/06265308095732759923noreply@blogger.comtag:blogger.com,1999:blog-6297413898275266606.post-7516524363424078412017-01-03T12:18:17.773+08:002017-01-03T12:18:17.773+08:00@anon 5.30
You can find the official reply here:
...@anon 5.30<br /><br />You can find the official reply here:<br /><br />http://www.kwsp.gov.my/portal/documents/10180/4230235/KWSP_TIDAK_LAGI_PEGANG_SAHAM_DALAM_FGV_BM_22122016.pdf<br /><br />My unofficial reply:<br /><br />1. We give no sweetheart deals. Loans given by EPF are at commercial rates or better, never less. The main reason why a borrower might approach EPF is that banks might not be hishamhhttps://www.blogger.com/profile/06265308095732759923noreply@blogger.comtag:blogger.com,1999:blog-6297413898275266606.post-75697907891605152322016-12-23T23:20:03.673+08:002016-12-23T23:20:03.673+08:00Bro Hisaham,
If possible can you share the trend o...Bro Hisaham,<br />If possible can you share the trend of malaysia export and import figure for the past 10 years. Currently we are still running trade account surplus but in terms of percentage how much is actually import size now compared to export? Let say import is 85% of export,im wondering whether BNM new rules forcing exporter to convert 75% of export is enough to contain ringgit weakening Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-6297413898275266606.post-7911308252070473982016-12-22T05:23:34.956+08:002016-12-22T05:23:34.956+08:00Hi Hisham,
Can I ask you a question on external a...Hi Hisham,<br /><br />Can I ask you a question on external accounts?<br /><br />In particular, I am having trouble understanding the capital account. A way of reflecting my question on the capital acct is in the mismatch that I found between the change on Net International Investment Position and the Current Account. My understanding is that, in theory, the change in NIIP should equal Current Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-6297413898275266606.post-78794852537217260312016-12-19T17:30:16.734+08:002016-12-19T17:30:16.734+08:00Please clarify whether the present EPF situation i...Please clarify whether the present EPF situation is still as bad as said in:<br /><br />https://hornbillunleashed.wordpress.com/2012/03/25/28762/Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-6297413898275266606.post-16120496466025074562016-12-13T12:37:57.994+08:002016-12-13T12:37:57.994+08:00@anon
By rights, Labuan shouldn't be affected...@anon<br /><br />By rights, Labuan shouldn't be affected at all as they didn't deal in Ringgit up to a few years ago. There was some liberalisation of the rules dealing with residents in Ringgit, but it's not clear to me if there would be much if any impact.hishamhhttps://www.blogger.com/profile/06265308095732759923noreply@blogger.comtag:blogger.com,1999:blog-6297413898275266606.post-61860221462385388992016-12-08T16:00:47.352+08:002016-12-08T16:00:47.352+08:00Hi Hisham, could you shed some light as to how BNM...Hi Hisham, could you shed some light as to how BNM's new measures on currency affect Labuan's banks?Anonymousnoreply@blogger.com