Budget 2008: My View

How i see the budget 2008:

Basically not for average income family like me.

Other things that i do not agree:
1. Drawing EPF Account 2 for Housing Loan installment.

EPF is meant for retirement, that is against the objective of the EPF. Secondly, only 30% of you income plus employer's contribution go to Account 2. Let say you are earning 4k a month, you contribute 11% and employer contribute 12%, total 23%. 4K X 23% = RM 920. RM 920 X 30% (acc. 2) = RM 276.00. Is it possible for you to keep on withdrawing money from Account 2 to pay your housing loan?

2. Minimum brokerage charge of RM 40.00

If i to buy share that cost me RM 1000.00 in this year, i need to pay RM 12 plus commission of 0.4% and RM 1 stamp duty. Total RM 13.40. If i sell at same value RM 1k, i lost RM 26.80.

That's means i need to sell RM 1030 in order for me to gain money.

Note: For stock price below 2k, you need to pay RM 12. For stock value more than 2k, times 0.6% brokerage fee. Stamp duty charge is based on the stock value you buy, exp: RM 999 is RM 1 stamp duty, if RM 1,999 is RM 2 stamp.

In year 2008, If i buy share cost of RM 1000.00, i need to pay RM 40 plus RM 0.30 (0.3% commission) plus RM1, total RM 41.30. If i sell at same value RM 1k, i loss RM 82.60.

That's means, i need to sell RM 1090 then only i gain few RM. How to invest then......

Which mean in year 2008, i need to buy RM 6,666.67 of share or else i need to pay "Extra" for brokerage fee.

This is not friendly for small investor like me.


One thing good on fighting Global Warming is Tax exemption for CER.

SHELL is SUCK!

I believe the website's Requirement has been changed, however the Application Form does not has the Box for you to state your Race, WHY?

(怡保6日訊）又一項對非土著不公平的措施，這一次是跨國企業的蜆殼（SHELL）石油公司！


蜆殼石油公司在其網站中，其中一頁「開設油站」申請條件，註明必須是土著及年齡28歲至44歲，非土著沒有申請的資格。

民主行動黨社青團總團長倪可敏今日揭發蜆殼石油公司，指定新油站只能由28歲至44歲的土著經營，非土著連申請資格都沒有的強制條件。

種族背景成強制條件

倪可敏也是班台區州議員。他出示該公司正式網站列明的申請條件，申請開設蜆殼新油站者，除了必須熟悉電腦，至少中五程度，連種族背景也成了強制條件。

他透露說，行動黨對蜆殼石油身為跨國企業，在馬來西亞卻以膚色列為經營條件深表震驚，這也顯示國陣1970年開始實施的新經濟政策，已到了無孔不入的地步。

這是自全國政府燈飾遭4間土著公司壟斷、馬來亞銀行規定指定律師樓須至少50％土著股權、學校販賣部須向土著供應商購買，及3000萬以下政府工程只能聘土著顧問后，又一項不公平措施。「我呼籲首相下令取消這個規定。」

「過去一星期接獲5至6名蜆殼油站業者投訴，他們欲擴充油站業務及開設新油站，卻受限于土著申請條件，該石油公司措施有如封殺非土著。」

他續說，他將提呈抗議信予社青團署理總團長兼古晉區國會議員張健仁，將此課題帶入國會。

除了蜆殼石油公司，他發現還有其他石油公司實施種族性強制條件，他將陸續揭發有關公司。

倪氏披露，蜆殼的種族性條件與國際認可的自由經濟、卓越管理及招攬人才背道而馳。

與此同時，他也促請蜆殼公司管理層給予非土著公民一個全面交代。

出席今日記者會的有行動黨霹靂州公共投訴局主任鄭福基、宣傳秘書黃家和及政治教育局主任黃文標。

Improved!

Finally i did my presentation to 42 person coming from all level, from Datuk, Directors of companies, representative from Government departments (JAS, MPOB), General Manager, Mill Managers, plantations managers, ketua-ketua Penghulu from different kampung, penduduk-penduduk kampung, staffs from plantation as well from the mill - in Bahasa Malaysia.

Another presentation next week, this time is in English, to NGOs, Ministry of Natural Resources & Environment, MPOB, and many more government departments' officials.

Will get tonnes of Question from them. But mostly and up 95% are from NGOs, i found out that government officials very shy to ask questions in open discussion, forum, etc. Maybe i was wrong.

Budget 2008 by DAP

Wanna make a comparison between Budget 2008 propose by DAP, PKR and BN?

For chinese version 2008 Budget: Download Budget 2008 Complete (C)

For english version 2008 Budget: Download Budget 2008 Complete (E)

Nikon Pro dSLR - D3 & D300

Another 2 new Nikon Camera on the street now - D3 & D300.


D3

Incorporating the large CMOS image sensor developed by Nikon, the D3 features 12.1 effective megapixels and a sensitivity range from ISO 200 to 6,400 at normal setting. The image sensor of the D3 is a CMOS sensor developed by Nikon with a sensing area of 36 x 23.9 mm that is compliant with what is known as “35-mm full size”. Nikon will use the term “FX format” for the image format of Nikon 35-mm full-size digital SLRs.

The D3 enables continuous shooting at approximately 9 frames per second for 12.1 megapixel images. In addition, when [DX format (24 x 16)] (5.1 megapixels) is selected, approximately 11 frames per second is made possible. With these advanced features in picture quality, sensitivity and speed, the D3 meets the many diverse requirements and demands of customers, including professionals.

Click here for Specification.

D300

Combining innovative Nikon technologies with advanced new features and precision engineering, the D300 delivers the ultimate blend of DX-format performance.

The sheer imaging power of a new 12.3 effective-megapixel DX Format CMOS image sensor with integrated A/D converter; the precision processing and astounding speed of Nikon's original EXPEED digital image processing concept; the unprecedented focusing speed and precision of a new 51-point AF system; Nikon's innovative new Scene Recognition System for optimal autofocus, auto exposure and auto white balance performance; the composition and focusing ease of a large new pentaprism viewfinder that provides full 100% frame coverage; an expansive 920,000-dot, high-resolution 3-inch LCD monitor with wide viewing angle; near-instant power-up and immediate response; all with the advantages of Nikon DX-format agility and system expandability.

Click here for Specification.

Going To Setiawan

I am going to the north for a presentation to local stakeholder. My 2nd presentation in this company. More to come ........

Will go NCL's hometown, then to Teluk Intan and stay a night in Setiawan.

Life of Pigs

(Photo taken from MerdekaReview)

Not easy to become a pig nowaday especially in Melaka. Any time can infected with all sort of diseases, if tak kena diseases also will finally end up in human stomach. But worst scenario is kena tembak and bury while still healthy.

Latest update is must reduce the number of pigs to below 60,000 by 21 Sept 2007.

More News at Malaysiakini.

My New Spectacle

This is my new spectacle from TOOiNCH and it cost me RM 290.00. The one Jordan Chan wear. Ready in less than hour, super fast. Come with sun glasses lens.

My previous spec gone case after my son pull it. The unbreakable frame was broken!!! Even the shop owner surprise how can it broke!!! Thanks to my son, i got new spectacle.