Posted by Ooi Teik Bee > 2013-08-27 18:44 | Report Abuse

Trade surplus is still a surplus, it is only excuse given here when the stock market is down. US, never has trade surplus, the stock market is still going up sky high. Thank you.

Posted by regnig > 2013-08-27 19:18 | Report Abuse

What to do, that's the fund managers job to earn dollars for their clients. They have to make market up and down in order to cash out...

Posted by Peter Chen > 2013-08-27 21:31 | Report Abuse

Hi Ooi, What is your suggestion to our government? Do nothing? or it is okay for Malaysia to be like India and Indonesia.....have twin deficit?

Posted by Ooi Teik Bee > 2013-08-27 21:37 | Report Abuse

We have 15 years of trade surplus. It is not the issue here. I agree domestic debt is too high and also 50% of bond were purchased by foreigners. BN government is spending money like water, she has to face the consequences. It is not the trade surplus causing the problem. Please address the source of problem. Thank you.

Posted by Peter Chen > 2013-08-27 21:59 | Report Abuse

OTB, that is still too general suggestion..... like......state: increase Balance of trade surplus. But how?

How to reduce government spending after all the promise in GE13 without getting voter civil servant angry?

Posted by Ooi Teik Bee > 2013-08-27 22:03 | Report Abuse

The source of problem is not trade surplus. Please be specific.

Posted by Peter Chen > 2013-08-28 08:36 | Report Abuse

Then what? Inability to suggest one?

Fuel Cost Past Through (FCPT)?
Goods & services Tax (GST)?
reduced government subsidy in Petrol and Diesel
reduced government subsidy in Sugar?

Posted by Peter Chen > 2013-08-28 08:40 | Report Abuse

Actually, the article has one more news. Did Pos Malaysia Berhad being investigate for section 14 of Price Control and Anti-Profiteering Act 2011? did Pos Malaysia investigate by MCMC? Did Pos Malaysia Berhad disclose all this to shareholder?

Posted by ipomember > 2013-08-28 09:22 | Report Abuse

Not all countries are depend on export to spur their GDP growth,and US is one of the example. However as for Malaysia, we are still depending on net export, so its still very important for us, we cant compare with developed country in trade surplus/deficit.

Posted by Peter Chen > 2013-08-28 09:34 | Report Abuse

Agreed with ipomember. In fact, not all developed country able to do that. Only US able to do that because USD is global currency. However, Jim Rogers are the person who constantly criticise US policy and said it is unsustainable.

Posted by Peter Chen > 2013-08-29 17:03 | Report Abuse

It seem they really want to do it. Except they call it subsidy "rationalisation" rather than subsidy "reduction"
http://www.thestar.com.my/Business/Business-News/2013/08/29/Balancing-Finances.aspx

Posted by Peter Chen > 2013-09-02 20:45 | Report Abuse

Confirmed "rationalisation" of petroleum subsidy. This mean petrol price will increased from midnight today.