The coming Messiah from HELL
Category: Uncategorized
Mahathir to replace Malaysian Ringgit to Mokhzani Cryptocurrency
In everything we do and plan, God decides in the end.
There is desire, there is greed.
There is passion, there is poison.
Modern slavery comes in many form.
People should welcome new beginning with alert mind and question.
When Educated fools become slave, there is no return.
In 48 months Mahathir and Daim will show their true form.
Are Malaysians going to swallow this and keep quiet or will the people rise again to stop modern slavery?
THIS TIME EVEN ROYALTY WILL LOSE THEIR POSITION, WHICH IS THE WISH OF THE PEOPLE BUT AT THE SAME TIME MAKING OURSELVES SLAVES TO MAHATHIR AND DAIM’S FAMILY FOR THE NEXT 9 GENERATIONS.
The story coming will reveal the planning and loan from Japan.
Best Cheesecake Ever – Jaslyn Cakes
Not a sweets person really but I think I just tasted (or devoured more like it) the best cheesecake ever in my life… baked or otherwise … ever!
You know how something is so good that you had to share it to everybody you know immediately. This is it.
Plus I have had lots of cheesecakes… very good ones in Sydney, Melbourne, NYC, HK …
After posting it on FB, friends commented about other stuff that Jaslyn has that are to die for:
Butter cake
Cookies
The funny thing is I have yet to visit the shop even though its in Telawi. Friends tell me it has opened for over 4 years now, … I told you I am not a sweets person! Lol.
http://www.jaslyncakes.com
Address:
7A, Jalan Telawi 2,
Bangsar Baru,
59100 Kuala Lumpur
Phone:
03-2202 2868
Facebook:
Jaslyn Cakes
Email:
hello@jaslyncakes.com
Opening hours:
Monday: Closed
Tuesday – Friday: 1100 – 1900
Saturday -Sunday: 1100 – 2000
From Yen Credit to Cryptocurrency
Japan Moves Closer To Casinos, But Tantalizing Concept Not In The Cards
Legislators in Japan’s lower house passed an integrated resort (IR) implementation bill on Tuesday, then extended the legislative session to July 22 to enable upper house consideration of this final step toward casino legalization. Casino companies from across the world can scarcely contain their excitement about the world’s last casino frontier beyond the forbidden zone of mainland China. But Japan won’t consider a concept for creating compelling IRs worthy of the world’s third largest economy, one aiming to double visitor arrivals to 60 million and become a global top five tourist destinations.
Official Japan’s approach to IR legalization has been rather schizophrenic. It wants the economic and image boost of IRs, exemplified by Singapore’s iconic Marina Bay Sands, but fears increased problem gambling. Losses on pachinko, a souped-up version of pinball, and pachislot machines, exceeded US$30 billion last year. Pachinko’s association with organized crime and money transfers to North Korea – industry figures dismiss that as ancient history – adds to negative public perception of gaming overall. Surveys find two-thirds of Japanese oppose casino legalization, though antipathy softens with information about IR non-gaming features.
Japan’s IR bill includes several restrictions, including Singapore-style limits on casino size – 3% of total gross floor area – and a 6,000 yen (US$55) entry tax for residents, plus awarding just three IR licenses nationwide in three different areas. Casino companies have declared they’re prepared to spend US$10 billion on IRs in major metropolitan areas such as Tokyo and Osaka.
In effect, each licensee gets a monopoly in its area, and competition for the licenses will be fierce. But once licensed, the IR won’t face competitive pressure to excel. At last month’s Japan Gaming Congress, Morgan Stanley Managing Director in Hong Kong Praveen Choudhary said that without competition within markets, Japan won’t get the spectacular IRs it deserves. He suggested that instead of one US$10 billion IR, allowing three US$3 billion IRs in an area. “You’d get more non-gaming and more variety,” Choudhary said.
“The level of investment and tourism draw would increase significantly if multiple operators would come together on a single large site such as Yumeshima Island in Osaka to form an Osaka Strip or in the Tokyo/Yokohama area, where is it possible on a couple of sites,” Global Market Advisors Director of Government Affairs Brendan Bussmann says. “As opposed to one operator that may be willing to contribute $10 billion to a single IR, if you could bring together multiple operators while still staying within the 3% casino size, you are likely to see a number well north of the $10 billion.”
By Muhammad Cohen
GENTING NEW SHAREHOLDERS WILL BEGIN CONSTRUCTION OF THEIR NEW CASINO IN JAPAN SOON.The birth of Malaysia new King Maker
https://news.bitcoin.com/luno-exchange-bank-account-frozen-by-malaysian-tax-officials/
http://www.freemalaysiatoday.com/category/nation/2018/05/30/mbi-group-official-claims-trial-over-issuing-illegal-electronic-money/
JUL 14, 2018
Bank of Thailand Considers Blockchain for Cross-Border Payments, Fraud Reduction
The Governor of the Bank of Thailand (BoT), said that the bank is considering blockchaintechnology for various applications during a speech at the the Bloomberg ASEAN Business Summit on July 12.
The central bank’s governor Dr. Veerathai Santiprabhob stated that the bank was specifically reviewing blockchain applications for cross-border payments, supply chain financing, and document authentication.
According to Dr. Santiprabhob, using blockchain for cross-border payments would “improve regional financial connectivity and facilitate smoother cross-border financial services.”
The BoT’s Governor also sees blockchain playing an important role in reducing fraud and protecting financial information:
“Adoption of modern technologies like biometrics and blockchains can help safeguard financial information and reduce the number and magnitude of fraudulent activities.”
Also during his speech Thursday, the BoT governor spoke to the bank’s ongoing development of updated regulations encourage “competition and innovation”:
“The Bank of Thailand is also undergoing regulatory reform to review outdated rules and regulations, to facilitate ease of doing business and ensure that our regulations do not impede competition and innovation and contribute to high costs of financial services.”
Thailand has recently made two notable moves in regulating cryptocurrencies. As Cointelegraph reported March 30, the country’s Finance Minister revealed a new tax framework for cryptocurrencies. The second move came from the Thai Securities and Exchange Commission (Thai SEC), who stated that new Initial Coin Offering (ICO) regulations will come into effect July 16, as Cointelegraph reported last week.
This is not the BoT governor’s first step towards implementing blockchain-based technologies. As Cointelegraph reported earlier in June, Dr. Santiprabhob spoke of possibly issuing central bank digital currency (CBDC) to improve interbank settlements.
Nor Shamsiah don’t take the fall
http://www.malaysia-today.net/2018/08/08/why-is-bank-negara-hiding-the-fact-it-has-lost-rm66-billion-so-far-propping-up-the-ringgit/
Finally Bank Negara Governor has come out with the truth that US$16.91 billion (RM66 billion) has disappeared, a half truth is as good as the whole truth.
The missing money is not lost in Forex but had gone into certain people private accounts for the biggest takeover of Malaysia IN 48 MONTHS into THE HANDS OF MAHATHIR AND DAIM’S FAMILY whereby there will be no longer Sultans and Agong. Sultan of Johore will be eating shit after this.
EVERYONE WILL BE MAKE TO SERVE JUST TWO FAMILIES IN MALAYSIA.
More to come………………………
EPF – Stay The Course
Do not break the mould or change the wheel if it is not broken. EPF must stay the course and not try to fix what is not broken.
As expected but pleasant news nonetheless, was EPF’s 6.9% declared dividend for 2016. All the more so in the present correction phase for global equities.
The Comparison With UK & European Pension Funds
In the UK, the average fund ended 2016 up 15.7 per cent. The last time pension funds returned more than 15 per cent was in 2009, when recovery from the 2008 crash saw average growth of 22 per cent. It represented a 13 percentage point increase on pension fund returns of 2.6 per cent in 2015 and the fifth consecutive year of pension growth, after the 4.6 per cent loss in 2011.
Comparison with UK pension funds is not really fair or comparable as their fund allocation usually are more aggressive, and they may also lack access to local government bonds inherent “structure and returns, and maybe safety”. But I brought this up to show how volatile the returns can be, in the case for UK pension funds.
The same can be said for the European pension funds. I’d rather see my country’s pension fund making around 5% a year, year in year out, than to see volatility. We need our pension funds to be dependable, not flamboyant.
Look at the returns for EPF below, in particular for 2008/2009 or even 1998/1999. During the former period, we had the subprime financial meltdown. In the latter period, a more relevant Asian financial crisis prevailed, but EPF maintained decent dividends. EPF deserved a lot more credit than what they get from Malaysians in general. It is so difficult to maintain a return of around 5% a year for over 20 years. A lot of it has to do with their objectives, and the structure that they have laid out and the way they executed decisions. Their independence MUST and SHOULD never be compromised (read between the lines).
As the size of fund grows, over the last 3 years in particular and onwards – it has gotten more difficult to maintain similar dividends as basically, you are running out of ringgit assets to invests in. Hence their decisions to invest more overseas and even in regional/global private equity are necessary.
On that note, it is imperative that “sustainable, proven, stable, sizable” assets such as PLUS should never leave the stable of EPF. Even if the price offered is tremendously attractive, say at a forward PER of 40x, because such a high price will and can only come back to haunt us via higher toll rates.
As the size of fund grows, over the last 3 years in particular and onwards – it has gotten more difficult to maintain similar dividends as basically, you are running out of ringgit assets to invests in. Hence their decisions to invest more overseas and even in regional/global private equity are necessary.
On that note, it is imperative that “sustainable, proven, stable, sizable” assets such as PLUS should never leave the stable of EPF. Even if the price offered is tremendously attractive, say at a forward PER of 40x, because such a high price will and can only come back to haunt us via higher toll rates.
Kadar Dividen
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For a better case study, just go and research and compare the similar HK Fund or the much maligned but steady CPF. Below is the volatile HKMPF returns. We don’t such volatility for a pension fund.
Dynastic Powers In Asian Politics
I guess the headline is pretty clear as to what I am on about. Sure, it happens in other jurisdictions as well, even in developed countries with a heightened sense of democracy. However, it is surely more palpable in Asia. The pictorial by Nikkei Review hits the nail on the proverbial head.
Many people argue that political dynasties affect the legitimacy of democracy and the quality of government policies as dynastic politicians have incentives to implement policies that will increase their advantage and guarantee the perpetuation of power. Naturally, it is dangerous to generalize as I am sure every dynastic successor will consider theirs as an exception to the rule. That they are deserving to be there.
IF the said country is riddled with weak regulatory institutions, IF the said country has a weak definition of the three independent pillars of governance – the executive, legislative and judicial – then what follows will most likely be patronage, corruption and outsized efforts (sometimes illegal and unfair) to stay in power.
Outsized efforts to stay in power (sometimes illegal and unfair) stems largely from the belief that they do not deserve to be there.
But why is this more prevalent in Asia? Stronger familial values? Is our mindset more tuned to the pervasive influence and privilege attached to ‘successful families’?
This is not to say all political family dynasties are inherently poor choices. We have to be careful that new appointees are deserving and elected in a democratic environment. Politics is a tough game. What we have to avoid is political families needing to keep political power going because they have done too many “things that cannot be brought to light”. Keeping it in the family or extended family is a sure way to keep the garbage in the bin. Or as they say, they cannot afford to be not re-elected.
IF the said country is riddled with weak regulatory institutions, IF the said country has a weak definition of the three independent pillars of governance – the executive, legislative and judicial – then what follows will most likely be patronage, corruption and outsized efforts (sometimes illegal and unfair) to stay in power.
Outsized efforts to stay in power (sometimes illegal and unfair) stems largely from the belief that they do not deserve to be there.
But why is this more prevalent in Asia? Stronger familial values? Is our mindset more tuned to the pervasive influence and privilege attached to ‘successful families’?
This is not to say all political family dynasties are inherently poor choices. We have to be careful that new appointees are deserving and elected in a democratic environment. Politics is a tough game. What we have to avoid is political families needing to keep political power going because they have done too many “things that cannot be brought to light”. Keeping it in the family or extended family is a sure way to keep the garbage in the bin. Or as they say, they cannot afford to be not re-elected.
Why Kamikaze Pilots Wear Helmets???
This was a great read. Its an economist who tries to be funny by answering interesting daily life questions and wonderings. The author is Robert Frank, the Professor of Management and Professor of Economics at Cornell University’s School of Management. Just look at the questions he tries to answer and you know its a good read already:
- Why does a US$500 tuxedo rent for US$90 a day while a US$20,000 car rents for only US$40?
- Why do female models earn so much more than male models?
- Why might retailers deliberately hammer dents into their own appliances?
- Why do the keypad buttons of drive-up cash machines have Braille dots?
- Why are child safety seats required in cars but not in airplanes?
- Why are whales, but not chickens, in danger of extinction?
- Why is there a light in your refrigerator but not in your freezer?
- Why do 24-hour convenience stores have locks on their doors?
- Why are newspapers, but not soft drinks, sold in vending machines that allow customers to take more units than they paid for?
- Why are brown eggs more expensive than white ones, even though the two types taste the same and have identical nutritional value?
My favourite chapter is in relationships where he tries to answer: why it is easier to find a partner when you already have one; and why are there so many dumb blonde jokes when research shows that attractive people are generally more intelligent than others, hence blondes should be considered as more intelligent as they are generally perceived to be more attractive. My other favourite topic was: Why did Kamikaze pilots wear helmets????
The Economic Naturalist (Why Economics Explains Almost Everything) by Robert H Frank
Virgin Books Publications (UK)
Basic Books (USA) 2007 / 2008
Where are all the voices?
I hereby salute Mahathir who cleverly put all the leaders of Amanah, DAP and PKR into remote silence after bribing them with Minister and Deputy Minister posts.
Today Mahathir has grabbed all the money generating companies under his armpit and no one is complaining even though it is morally wrong once again to ALLOW AN OLD EXPERIENCE CROOK START HIS STEALING IN BROAD DAYLIGHT.
Mahathir’s people have stolen US$16.91 billion, transferred all the profitable companies into Prime Minister’s department instead of Parliament, gave a big contract to his sons and now wants his sons to start another car factory to boast his ego. Yet no-one from Amanah, DAP and PKR dare to protest.
Today because of Minister and Deputy Minister posts everyone dare not open their bloody mouth to disturb their rice bowl. Is holding Minister post that important than serving the people? Malaysians need better health care and alternative education system not a stupid car factory.
I BELIEVE IT IS TIME TO PUT A STOP TO ALL THIS NONSENSE BEFORE IT IS TOO LATE.
INSTEAD OF ENDING CORRUPTION, STEALING, MURDER AND CRONISM, MAHATHIR HAS RENEWED IT.
https://www.straitstimes.com/asia/se-asia/mahathir-sons-company-opcom-bags-telekom-malaysia-contract
https://www.malaysiakini.com/news/436144
https://paultan.org/2018/06/12/prime-minister-tun-mahathir-on-new-national-car-project/
https://www.straitstimes.com/asia/se-asia/a-closer-look-at-pakatan-harapans-manifesto-sin-chew-daily-columnist
thestarmalaysia.news.blog 