OPR 2.75% now

Monetary Policy Statement

At the Monetary Policy Committee (MPC) meeting today, Bank Negara Malaysia decided to raise the Overnight Policy Rate (OPR) by 25 basis points to 2.75 percent. The floor and ceiling rates of the corridor for the OPR are correspondingly raised to 2.50 percent and 3.00 percent respectively.

The global recovery has continued in the second quarter, supported by robust and broad-based growth in most emerging economies, in particular Asia , and a moderate recovery in the advanced economies. Nevertheless, volatility in the international financial markets has increased following concerns over the ongoing sovereign debt crisis in several advanced economies. These developments have raised uncertainties on the potential impact on the international financial system and the global economic activity. Going forward, while the assessment is for the global recovery to continue, there is increased risk that the global growth momentum could moderate.

In the domestic economy, recent trends in industrial production, financing activity, labour market conditions and external trade indicate that economic activity has remained robust in the second quarter. Going forward, while external developments may result in some moderation in the pace of growth, the domestic economy is expected to remain strong with continued improvements in private consumption and investment, and augmented by public investment spending.

Domestic inflation recorded modest increases in April and May, mostly on account of supply factors. Prices are expected to rise at a gradual pace in the coming months, in line with the continued improvement in domestic economic conditions, and taking into account possible adjustments in administered prices. Overall, inflation is, however, expected to remain moderate going into 2011.

The MPC considers the new level of the OPR to be appropriate and consistent with the current assessment of the growth and inflation prospects. The stance of monetary policy continues to remain accommodative and supportive of economic growth.


Bank Negara Malaysia
8 July 2010

New Fees for postal services

Sorry dude, you have to pay more now starting from 1st July 2010. 50 - 100% increase!!! Maybe need to cover the loss in POS Malaysia!!

See below table:

The Life of Penan - Bakun

Thanks to Youtube, you can now watch the movie clips that do not have the change to air due to "political" interference.

Boring WC2010

What happend to the world cup? Seems like all teams hardly score a goal except Argentina and Germany matches. Worst still is the European team, almost all soon will pack and leave South Africa. See the Spain, Italy, England, France, Portugal......

I even so pissed off and "created" the word spain to describe someone/organization that unable to perform, deliver what suppose to deliver, lausai.... so spain lah all these european teams.

Africa teams not to good as well except Ghana maybe with Cameroon the 1st team to pack and go home after this week.

Seems like Latin American will bring back the throphy... Argentina or Brazil?

曇花

曇花夜間9至12時開放

曇花學名為Epiphyllum（Night-blooming Cereus），屬於仙人掌科（Cactaceae），別名月下美人、瓊花、葉下蓮、金鉤蓮及鳳花，原產地在墨西哥及巴西。

曇花當盆栽觀賞外，花朵可作菜餚食用或入藥，具清肺活血之效，晒干可和肉同煮，味鮮美。藥用可清熱、止血、清肺止咳、化痰；治氣喘、肺癆、咳嗽、高血壓症及崩漏；莖可清熱解毒，治咽喉痛及疥癤。

曇花生於葉狀莖緣凹處，結蕾就不再抽枝，抽枝即不再結蕾。花大形，於夜間9至12時開放，凌晨前即凋謝。

花連筒狀長約30公分，開放時筒部下垂翹起，花筒外面具有帶紫色線裂，漸上成闊倒披針形，花瓣狀，純白色，先端為尖，有毛。在台灣，其花期在初夏或深秋。

至於果實是紅色漿果，長約有1.5公分，直徑約1公分。種子黑色，小型。

Sarawak Assembly's Lethal Weapon

The weapon can shoot you anytime, regardless you are right or wrong, as long as you are against the mighty BN. A weapon to shut the mouth of PR adun for a year or less. BN misuse the House’s Rights and Privileges Committee to act against PR adun.

Pakatan Rakyat assemblymen Dominique Ng Kim Ho and Chong Chieng Jen were each suspended for one year by the Sarawak State Assembly for offensive remarks allegedly made last year.

Time to punish the BN in Sarawak in the next state election!!!

OPR up 0.25%

Monetary Policy Statement


At the Monetary Policy Committee (MPC) meeting today, Bank Negara Malaysia decided to raise the Overnight Policy Rate (OPR) by 25 basis points to 2.50 percent. The floor and ceiling rates of the corridor for the OPR are correspondingly raised to 2.25 percent and 2.75 percent respectively.




so guys, prepare to pay more interest!!!!

UPDATE: AmBank Group will increase the base lending rate (BLR) for AmBank (M) Bhd to 6.05%, up by 25 basis points from 5.80% per annum effective today.

OPR may increase again this Thursday

OPR may increase by another 0.25% this Thursday. Meaning loan interest will increase again compare to the return of FD as i am sure we have more loan than FD placement in banks. Anywya, it is a sign of economy recovery. Is that true?