tag:blogger.com,1999:blog-6297413898275266606.post3710928247744943794..comments2024-03-27T18:15:59.096+08:00Comments on Economics Malaysia: BNM Liberalises Forex Again: Go Forth And Multiplyhishamhhttp://www.blogger.com/profile/06265308095732759923noreply@blogger.comBlogger5125tag:blogger.com,1999:blog-6297413898275266606.post-31794158654513379142011-05-22T01:06:03.841+08:002011-05-22T01:06:03.841+08:00@anon 7.35
Very good point about x-efficiency. I&...@anon 7.35<br /><br />Very good point about x-efficiency. I've studied that before and its pretty obvious that big isn't beautiful.<br /><br />I think BNM took a conscious decision to risk inefficiency in favour of better capitalisation. I think they were tired of having to rescue some of our more wayward banks.<br /><br />But that route also risks creating institutions that are TBTF - hishamhhttps://www.blogger.com/profile/06265308095732759923noreply@blogger.comtag:blogger.com,1999:blog-6297413898275266606.post-43869653473084479242011-05-20T19:04:41.955+08:002011-05-20T19:04:41.955+08:00Hi Mr Hisham,
My name is Syahirah Rashid from Mo...Hi Mr Hisham, <br /><br />My name is Syahirah Rashid from Monash University Sunway Campus, Bachelor of Communications. I am doing a short news coverage for my journalism assignment on the latest result of World Economic Competitiveness ranking that was released yesterday, 19/05/2011.<br /> <br />I am wondering if I can interview you for your view on Malaysia's slip in the ranking from #10 Syahirah Rashidhttp://www.monash.edu.mynoreply@blogger.comtag:blogger.com,1999:blog-6297413898275266606.post-70776195238616707572011-05-20T05:42:26.303+08:002011-05-20T05:42:26.303+08:00malaysian companies can now lend/borrow millions a...malaysian companies can now lend/borrow millions among their foreign subsidiaries. Do shareholders really know of their foreign subsidiaries activities abroad? This will allow more room for corporate fraud. Directors buy assets in overseas and sell it back to foreign subsidiaries for a handsome markup profit.<br />Poor shareholders ! Board meetings are going to be held in overseas resorts. umarnoreply@blogger.comtag:blogger.com,1999:blog-6297413898275266606.post-29312440418152293272011-05-19T19:35:24.264+08:002011-05-19T19:35:24.264+08:00I think this a precursor to another round of local...I think this a precursor to another round of local bank consolidation. The presumption is largely capitalised banks would attain scale economies and could withstand stiff competition from big foreign banks that set up shop here. But again x-inefficiency is a main issue in local banks as empirical evidence indicated so. A bank may be big in term capital but not necessarily better in competition Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-6297413898275266606.post-32528519093956894792011-05-19T18:39:25.123+08:002011-05-19T18:39:25.123+08:00The last point reminds me of Thailand pre-1997. No...The last point reminds me of Thailand pre-1997. Not that I disagree with the liberalization, but just saying.Hafiz Noor Shamshttp://maddruid.comnoreply@blogger.com