Malaysia's economy beat forecast for Q4, 2014.

KUALA LUMPUR: Malaysia’s economy expanded 5.8% in the fourth quarter of 2014 and for the year, the country’s GDP grew 6% and it is expected to remain on a steady growth path.

Bank Negara Malaysia said on Thursday, the GDP growth in Q4, 2014 was higher at 5.8% from 5.1% a year ago.

Underpinning the growth was services, which expanded 6.4%, construction 8.7% while manufacturing expanded 5.2%. Mining jumped 9.6% but agriculture declined 2.8%.

For 2014, services expanded 6.3%, construction 11.6%, manufacturing 6.2% and mining 3.1% while agriculture increased 2.6% from 2013.

The 2014 GDP growth exceeded estimates when compared with 4.7% in 2013.

“The Malaysian economy is expected to remain on a steady growth path. The gradual recovery in global growth will lend support to manufactured export performance, although overall export growth would likely remain modest amid lower commodity prices,” the central bank said.

BNM said domestic demand is expected to remain favourable amidst the lower oil prices. Investment activity is projected to remain resilient, with broad-based capital spending by both the private and public sectors cushioning the lower oil and gas-related investment activity.

“While private consumption is expected to moderate, the steady rise in income and employment, and the additional disposable income from the lower oil prices would support household spending,” it said.

Elaborating on the GDP growth, BNM said the Malaysian economy registered a higher growth of 5.8% in the fourth quarter of 2014 (3Q 2014: 5.6%), driven mainly by stronger private sector spending.

On the supply side, growth was sustained by the major economic sectors, supported by trade and domestic activities.

On a quarter-on-quarter seasonally-adjusted basis, growth momentum increased to 2.0% (3Q 2014: 0.9%). For the year 2014, the Malaysian economy grew by 6.0%.

Domestic demand remained the anchor of growth in the fourth quarter, mainly on account of the improvement in private sector activity.

Private investment expanded at a faster pace of 11.2% (3Q 2014: 6.8%), driven by capital spending in the manufacturing and services sectors.

Private consumption registered a stronger growth of 7.8% (3Q 2014: 6.7%), supported by stable labour market conditions and continued wage growth. Public consumption expanded at a more moderate pace of 2.7% in the fourth quarter (3Q 2014: 5.3%), due to slower growth in both emoluments and supplies and services.

Public investment, however, continued to decline, albeit at a slower pace of 2.1% (3Q 2014: -8.9%), following a smaller contraction in spending on fixed assets by the Federal Government.

On the supply side, growth in the fourth quarter was supported by major economic sectors.

Growth in the services sector was underpinned by expansion across all sub-sectors.

The construction sector remained strong, driven mainly by non-residential and residental sub-sectors, while the mining sector registered a stronger growth due to higher crude oil production.

The manufacturing sector continued to expand, supported mainly by the export-oriented industries. However, the agriculture sector recorded a contraction due to lower palm oil production caused by the floods in the eastern states of Peninsular Malaysia.

Source:The Star Online

Is Russia a force for good in the World

* Russia destabilize Ukraine
- East Ukraine (supporting the separatist)
* Fail to pass resolution on Syria war in UN General Assembly
* Accuse the West of meddling in internal affairs
* Building 'new' relationship in Egypt
* Willingness to help Greece
* Pursue of independent foreign policy
* Feel threaten with the Post Soviet Country whom turn to West
* Fight against radical and extremism islamisation
* NATO expands to the East (former Eastern Bloc Countries), only defensive role
* Crimean peninsular has been annexed
* Eurasian Economic Union vs European Union

Apple, High profit record ever for a public company!

Apple Inc has announced the biggest profit ever reported by a public company, a net figure of $18 billion (nearly 16.0 billion euros) for its first fiscal quarter. It is more than 2 billion dollar than Exxon Mobil declared in 2012.The reason of record sales over the holiday season including 70% rise in sale in China this despite stuttering economic growth in the country. Consumer interest on Iphone largest display, Iphone 6 and Iphone 6+ which when on sale on September. Over the next 3 months, worldwide sales of Iphone reached almost 75 million. CEO, Tim Cook described the demand for smartphone is staggering after years of which Apple has lost ground to its rivals.

Cinta

Cinta itu ibarat debaran hati
Tatkala diri ketemu hati selainnya
Memikirkan cinta itu gembira
Kadangkala sedih

Namun,
Cinta tidak berhenti
Seperti objek yang bergerak
Ia terus menerus datang
Dan menusuk kalbu

Memang pelik dan aneh
Sungguh bertuah mereka pernah merasakannya
Andai ia satu keistimewann
Biarlah ia kekal selamanya

Saudi's King Dies

King Abdullah has died after prolong illness due to several health problems. One of te largest producer of oil country in the world, this event will trigger part of uncertainty in the world either politics, economics and social.We could see a political transition likely to occurr in that country whom practising dynasty system instead ofdemocracy. Crown Prince of Salman is said to replace King Abdullah as the head of state while Prince Muqrin will be appointed as Crown Prince

Selamat Pagi 22 January 2015

Tahun baru ! New year, New Missions, New Goals.

It's take a long time for the new post to be published again. I'm trying to be as consistent as possible to become istiqamah to write something which i think important in my opinion to point out. I have failed to write any for the last 5 months. 7th semester was very busiest with additional classes, assignments, fyp proposal and other NGO's activities. I shall not make them the concrete reasons to abandon my writing. Its just take min 10 minutes to just share something. Ok ! I hope I will produce more my 'part of my heart' to people out there this year. A lot of things need to be voiced out. I should not just keep inside, while reading in many things in the websites without sharing with the people.Its up to you whether to read or not. But as long it is beneficial to me, I think it is also beneficial to others also.

Some said, we should enjoy what we are suppose to do before, now and in the future. As an accounting students in the public university, still I dont think its perfectly correct. We are bounded from what we are suppose to do. Life is a choice, we have the power to choose after taking into several considerations and assumptions BUT how that criteria fulfill 100% of enjoying the results from our planning. Each of us agree, we could not be able to achieve that 100% but as long as it make us satisfied after looking at others achievement which we regard parallel to us,it is enough. That is how a life looks like. In order to remind our heart from sadness and not satisfaction, we tend to lower our expectation when the results has come out, if not 100% as planned. We know, as a human, we are not perfect and thus to feel defeated by the expected plans are not the end of our life. We should keep struggling although we might not obtain the expected results, we shall consider other options as long as it gives us reasonable satisfaction.

Hence, no matter how the painful is, we should never give up and keep hustling because there shall be the light at the end of the tunnel. Remember, we should not be bounded by others perceptions but independent in making any decision although deviated from normal way.