Will Malaysia succeed? 500 million investment in London!
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Malaysia government will invest 400 million ringgit in London to build a sports center - the objective is to strengthen malaysian atheletes ability, including to qualify for world cup 32 teams.
Will it succeed?? -
Let's hope so.
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its money well "spent".
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so is this an understatement or over?Originally posted by newcomer:Let's hope so.
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Malaysia already owe world bank money so where get money invest in london? Borrow money from others? Or maybe consider sell some land for money lorOriginally posted by picmonster:Malaysia government will invest 400 million ringgit in London to build a sports center - the objective is to strengthen malaysian atheletes ability, including to qualify for world cup 32 teams.
Will it succeed??
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sand u mean? lolOriginally posted by sohguanh:Malaysia already owe world bank money so where get money invest in london? Borrow money from others? Or maybe consider sell some land for money lor -
Sand where got enuff money? Muz be land then got enuff money mah.... simple maths also dunno meh?Originally posted by skyfoo:sand u mean? lol -
in which London?
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how do you sell land ? to whom ? "hey thailand, wanna buy over kedah since it just along the boarder ? i'll give you a discout if you take perlis too !"Originally posted by sohguanh:Sand where got enuff money? Muz be land then got enuff money mah.... simple maths also dunno meh? -
the sand sales came to a billion dollars.Originally posted by sohguanh:Sand where got enuff money? Muz be land then got enuff money mah.... simple maths also dunno meh? -
When did Malaysia owe the World Bank?Originally posted by sohguanh:Malaysia already owe world bank money so where get money invest in london? Borrow money from others? Or maybe consider sell some land for money lor
Even during the Asian crisis, Malaysia rejected economic aid from IMF and World Bank. -
most countries are in debt.Originally posted by mhcampboy:When did Malaysia owe the World Bank?
Even during the Asian crisis, Malaysia rejected economic aid from IMF and World Bank.
singapore are one of the few lenders. -
rejected due to what reasons? Dr. M's face value is deemed of a higher value during then thus rejected aids.Originally posted by mhcampboy:When did Malaysia owe the World Bank?
Even during the Asian crisis, Malaysia rejected economic aid from IMF and World Bank. -
Well I do not know much about their Government Policies or why they rejected it.Originally posted by tiggersgd:rejected due to what reasons? Dr. M's face value is deemed of a higher value during then thus rejected aids.
But they have their own way of handling the crisis. Like imposing capital control over their ringgit against the US dollar though it did nothing to harm nor help the recovery process.
I agree their development pace is not fast but it is sustainable and stable.
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like everything malaysian its doomed to fail. who wants to bet? i be bookie
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coach will be their sultan , prince their player . maybe this team can win singapore
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/dials 999.Originally posted by vito_corleone:like everything malaysian its doomed to fail. who wants to bet? i be bookie -
yes, in fact every country has their own policies on handling economic crisis.Originally posted by mhcampboy:Well I do not know much about their Government Policies or why they rejected it.
But they have their own way of handling the crisis. Like imposing capital control over their ringgit against the US dollar though it did nothing to harm nor help the recovery process.
I agree their development pace is not fast but it is sustainable and stable.
as for msia, their decision to keep their ringgit on capital control is due to the fact that if they don't, they will lose even more and their govt do not necessary have all the funds to tie them over that period. plus all the what nots...it is really choking their economy rather than helping it.
after the crisis, when china decided to unpeck its yuan, only than did msia follow suit. y? well, for one, it maybe due to the fact that most part of the Asian crisis is already well over...their monetary value by then has already suffered great loses...if u do small exchanges of their currencies, you will know how much their value was as compared to 1 SGD.
as for their development, pace is very slow till its unbearable...this is of course imo. sustainable?? stable?? well, i'll leave it to the businessmen in msia to determine this. esp the chinese businessmen...
note: take a look at JB...if not for the constant flow of singaporean "tourists", will JB be what it is currently? why did the businesses and people in JB (city square and beyond) lament abt certain policies and of higher costs of living etc? can they keep up at the singapore rate?
take a look at the far north where thailand/msia border is....how much have been done? at what pace? -
omg... all those malaysian taxes!
*shakes head*