Economy outlook

For those who's in business, they know the outlook in the market is not positive. It is as dead.

I was delighted when I read a report in mainstream media yesterday from Tun Mahathir on 'End Oil Speculation - ... calls on Asean to take united stand to stop price escalation'. At least he knows that a few people are making a lot of money. The Government has a role to play.... for more info. please refer The Star dated 3July 2008 pg:N14.

Our voice is too soft to be heard. We're too weak to do anything.

I studied my MBA when I was 22yo. with almost 9 years of study and observation, I can say that the market is not going to improve after this round of drastic gas price increased if our country don't do anything with it. With everybody mainly fighting for the most basic need - food - which is getting expensive and not affordable by the poor.

One thing I was quite surprised is that we're left in the dark by not informed and prepared for the turmoil. When we just experienced it, that is too late. A lump sum of investment has been invested and the ROI is not going to pay off to offset the inflation rate and escalating cost of living.

When everyone is merely fighting for its own surviving - the food, other thing else is considered luxury which is beyond their affordability. In other words, for SMEs besides food & food ingredient industry, it would be in hard time. We're too vulnerable to globalization.

My advice is hold back your desire to own unnecessary thing and nurture the young one with right education.