Lowyat.NET: Latest topics by lOvEbItE

Irama Villa @ Bandar Kinrara BK8

lOvEbItE — Sat, 14 Jan 2023 22:00:50 +0800

SP Setia is doing site clearance and earthwork to prepare for the launch of Irama Villa @ BK8

Highlighted the area in yellow:

[WTA] How to flash TimeDotCom DIR-882 firmware?

lOvEbItE — Mon, 20 Jan 2020 21:14:52 +0800

hi, i'd like t use my DIR-882 (given by TimeDotCom) to connect to Unifi, however it is not connecting, I'd like to flash the firmware from 3.5.8TT to default dlink DIR-882 firmware, please help!

Showroom package for renovation

lOvEbItE — Fri, 12 Aug 2016 13:51:06 +0800

I just got the keys of my new condo, it is a phase 1 unit, and there are 3 phases and more than 1000 units in total... anyone here offers showroom package for renovation? Pls call/text/whatsapp me at 012-631seven323

Business Contract Stamping

lOvEbItE — Wed, 03 Aug 2016 17:52:47 +0800

I just joined a new setup company here in KL, as we are relatively new here, I am currently the first and only employee. Recently we closed a small deal here (below MYR $100k) and customer requested me to stamp the contract. This is my first time dealing with such thing so I'd like to get some advices from the sifus here. Do I just bring the 2 copies of contracts to the LHDN for stamping? How much would it cost for such stamping?

Please advise.

Thanks!

SAP SuccessFactors

lOvEbItE — Mon, 18 Jan 2016 10:41:13 +0800

Hi guys, tried to search for SuccessFactors details in the forum but no success, so thought of opening a thread to discuss more
SFSF seems to be growing rapidly in our region recently and there are more and more jobs offered in the market
but i heard that the package for consultants is not as good as SAP HCM on-premise consultants, due to cloud solutions with lower entry price for the customers... is this true?

Where to buy Smart Tag @ RM99 Promotion Price?

lOvEbItE — Thu, 14 Jan 2016 10:44:33 +0800

hi, i saw this promotion in the following link, however i'd like to know where is MEX customer counter, i mean i know where is MEX but where is the customer counter? i usually use MEX or NPE one... just need to know where is the counter...

http://www.malaysiafreebies.com/smart-tag-...promotion-2016/

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How many more premium outlets planned for Msia?

lOvEbItE — Tue, 19 Nov 2013 14:20:36 +0800

just a quick question, how many more premium outlets they planned for malaysia?

i heard that there will be one in Penang new bridge, one in Rawang, one in Genting, and one in KLIA2 on top of the existing one in Johor (JPO)

question here, is that true? or its just a hoax?

if yes, are those JV with Simon? or its from a zapbalang company setting up a so called "premium" outlets mall?

if its JV with Simon then it's interesting, they have only 9 in Japan, 3 in Korea, and 1 in Malaysia, in this region. and now they are going to increase it to 5 in Malaysia?

Another Asian Financial Crisis may be brewing

lOvEbItE — Wed, 21 Aug 2013 18:14:02 +0800

What do you think about this, and its impact to the property market and investors? feel free to share your thoughts.

QUOTE

http://www.malaysia-chronicle.com/index.php?option=com_k2&view=item&id=148601:msia-will-be-hit-another-asian-financial-crisis-may-be-brewing-this-time-from-india&Itemid=2#axzz2cb4kNRW4

KUALA LUMPUR - I don't know whether you recall how the last Asian Financial Crisis in 1997-98 affected us all. Malaysia was very badly hit. Our stock market dropped from 1,385 to 295 points while our ringgit went down to as low as RM4.80 to the dollar.

At the height of the crisis, our interest rates went up to as high as 18%. After a break of 15 years are we going to see the same scenario again?

I am not sure but one thing that's certain is that the current situation in Asia does have some resemblances, such as depreciating currencies and interest rates hike across the region.

The last time the Asian Financial Crisis started in Thailand and this time - if it cannot be controlled - I reckon this time it will blow from India.

Measures taken by Indian authorities

In an attempt to stamp further outflow of funds, India has recently resorted to some limited capital control such as the following.

> Reducing the amount of money Indian residents can sent out overseas annually from $200,000 to $75,000

> Indian firms can only invest 100% of their net worth down from 400% previously

> Total ban on all importation of Gold coins and Medallions from abroad

However such measures are only temporary in halting further outflow of funds as it is counter-productive and will only slow the economy. Part of the blame goes to the Multinationals that are allowed to operate in India during the opening of its economy in the 1990s.

The Indian government states that instead of contributing to the Indian economy through the transfer of technology and also managerial skills they ended up raping the Indian economy high and dry.

And when it is all done they now depart for greener pastures and as a result exacerbated the outflow of funds. India’s economic fundamentals have been deteriorating for the past couple of years. Let’s take a look at some of India’s economic indicators.

India’s Deteriorating Economic conditions

The following is the chart for India’s GDP Growth rate. Its GDP expanded 1.3% in the last quarter of 2012 which average at about 1% for 2012. It slowed since 2009 and the Indian Government has difficulty in achieving the growth set in previous years due to issues like corruption and nepotism.

India recorded a trade deficit of INR 733.33 billion in July 2013. For the past 35 years, India’s trade deficit average about INR 120.83 billion. The following is India's balance of trade chart.

Although India’s Government Debt to GDP decreased from 68.05% to 67.57% but its external debt increased to USD 345 billion in 2012 from USD 305 billion in 2011. With a depreciating Rupee it means India has to pay more Rupees for its external debt which is quoted in dollars.

Interference counter-productive

Since the beginning of the year India’s rupee has been on the decline. The latest for the USD/INR is quoted at 63.61 and this represents a record low for the Rupee. Since May this year the Rupee has lost about 20%.

The Reserve Bank of India has the choice of either letting the market to decide on the level of the Rupee or increase its interest rate to stop the outflow of currency.

Instead of letting the market forces to determine the exchange rate level, the Reserve Bank of India (RBI) chose to defend it. From the last Asian financial crisis we learnt that none of the affected countries successful in defending their currencies except Hong Kong with the backing of China.

As have been mentioned earlier in one of my article on the predicament of Central Bank policy makers. They can only choose either to promote internal stability through Monetary Policy or external stability through Exchange Rate Policy but cannot have both at the same time.

If the Reserve Bank of India choose to promote internal stability through Monetary Policy by increasing interest rates then it will cause a deep recession. This is also known as the ‘Volcker effect’ where former Fed Chairman Paul Volcker was credited for ending the stagflation crisis in the late 1970s.

In order to end the inflation rate at 13.5% and an unemployment rate of more than 10%, he raised the prime rate to 21.5% in 1981. The end result is a severe recession which lasted until 1982 and after which the U.S economy expanded for the next 8 years.

The second option available to the RBI is the exchange rate policy where it will defend the Rupee through its open market operations by selling its foreign exchange reserves which is denominated dollars. However such a policy will only help deepen the financial crisis because it might start off a chain reaction of currency devaluation.

The current stand by the RBI to defend the Rupee can be disastrous as evident during the last Asian financial crisis after it spread from Thailand. As a result Malaysia, Indonesia and South Korea are also affected.

Moreover this may result in a further hike of the interest rate as already been happening in some Asian countries as of late. Their 10 year bond yields have been soaring across the region in an attempt to fight currency sell off and even Malaysia is not spared.

As from May, India’s 10 year bond yield has appreciated close to 200 basis points (2%) with the latest being at 9.12%. Malaysia does not fared any better with its 10 year bond yield rally to about 4.1% from 3.5% in May.

Why are 10 year bond yields important?

When the yield on the 10 year bond goes up it indicates that the long term interest rates is going up. When interest rates goes up it will affect a lot of investments in the economy. It will affect the stock market, the housing market, credit card, personal loans and so on.

Due to the increased cost of borrowing it will affect investments in the stock market because the margin rate will also increase. It will affect the housing market because less people are willing to commit on new housing and as a result prices will have to come down. For those who have bought they will also be affected due to increased mortgage payments. Hence it will affect the overall economic activity.

Another Asian contagion is not impossible

In wrapping up, I reckon that India’s weak economic fundamentals and its structural problems will present itself as a target for currency speculators.

With the foreign exchange reserves of only INR 15102 billion or about USD 238 billion it is not a large sum when you are under attack by currency speculators. This is because the foreign exchange market trades more than USD 5 trillion a day. So the threat of further weakening of the already record low Rupee is clear and present.

Any attempt by the speculators to destabilize the Rupee might be contagious and will destabilize the already tensed situation in Asia.

Malaysia Chronicle

Full article: http://www.malaysia-chronicle.com/index.ph...2#ixzz2cb5eCXg5
Follow us: @MsiaChronicle on Twitter

Trinity Z's master suites launch

lOvEbItE — Thu, 18 Jul 2013 15:21:43 +0800

I received a SMS about this Trinity Z's master suites launch this weekend, any idea what is it all about?

[WTS] Red Tilapia (Live)

lOvEbItE — Tue, 21 May 2013 15:51:43 +0800

RM3000 referal fee given! If you know any wholesaler or bulk buyer, please refer them to me. PM me for more details.

Item(s): Red Tilapia (Live) / Ikan Tilapia Merah (Hidup)

Package includes: Live Fish weight average 1.0 kg quantity monthly capacity 20,000 fishes

Price: PM me your best offer

MOQ: 5000kg

Warranty: Live (Buyer transport from farm at Selangor)

Dealing method: COD

Location of seller: KL/Selangor

Contact method/details: Steve 012 6317 323

Age of item: Live quantity 35,000 fishes

---

Item(s) conditions: Avg 1.0kg per fish

Reason for sale: Business

Picture:[attachmentid=3449600]

Avantas Residences (Old Klang Road)

lOvEbItE — Wed, 19 Dec 2012 13:34:15 +0800

Finally found the related information about this project, it is called Avantas Residences (I renamed the thread title), kindly find below the details copied from WTF forum...

This New Project located along the famous Jalan Klang Lama, Avantas Residences offers 198 units of service apartments which is just minutes away from Mid Valley Megamall/ KL Sentral and Bangsar. Served by a wide range of access roads, this area is currently going through a transformation stage which offers great potential for long term investment.

Development Name : Avantas Residences
Total Land Area : Approximately 1 acre (43,070 sq ft)
Land Tenure : Freehold
Type of title : Commercial
Project Details : Single block of 28 storey high rise comprising
a) LG - 1 Level basement car-park
b) G - 5 nos. of commercial space (Total 10,552 sf)
c) L1 to L6 – 6 levels elevated car parking facilities
d) L7 – 1 complete level of facilities deck
e) L8 to L27 – 198 units of service residences
f) Rooftop – Garden deck with seating facilities

Layout/Built-Up :From 691sf - 1,246sf
rice range average RM600+PSF

Package : DISS (Development Interest Subsidy Scheme)
: Free Legal for SPA
: Price Rebate

For those who interested to Register yourself kindly email avantas_okr@yahoo.com with details as below, you will have the first bite upon pre-launch;
1)Full name
2)IC No:
3)Contact No:
4)E-mail address:

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How to organise a charity event?

lOvEbItE — Wed, 05 Jan 2011 14:25:14 +0800

It's for corporate charity event, please share some info here... thanks...

Mutiara Bukit Jalil vs Kinrara BK9

lOvEbItE — Mon, 23 Aug 2010 11:38:12 +0800

Hi, I am very new to property and intended to look for a house for own stay purpose at Bkt Jalil/Kinrara area.

BK9 and Mutiara Bukit Jalil are those within my budget, about 650-700k.

Both freehold, but Mutiara Bukit Jalil ones are 3 storeys link houses with bigger built up.

Basically the built up is 1700sqft (22x75) vs 3000sqft(32x65 / 22x70).

What makes the difference of the price when Bukit Jalil ones are so much better? Please advise...

Nikon D60 kit set no more VR lens?

lOvEbItE — Mon, 15 Jun 2009 19:28:10 +0800

I heard that Nikon D60 kit set is no longer comes with VR lens but just normal lens, how true is it?

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lOvEbItE — Thu, 19 Mar 2009 01:41:14 +0800

end

Bangkok GPS Map needed urgently

lOvEbItE — Tue, 07 Oct 2008 11:19:46 +0800

Hi, I am travelling to Bangkok tomorrow morning.
I'd like to know where can I find free GPS map for thailand/bangkok.
I am not going to pay for the map as I am not going to use it for long, only like 4 days.
FYI, I am using Nokia N82 with Garmin Mobile XT installed, currently with Malsing Map (Malaysia).
Please advise. Many thanks in advance.

How to use PTT (Push To Talk)?

lOvEbItE — Fri, 28 Mar 2008 09:45:07 +0800

Hi, I've recently bought a nokia n82, wanna try out its PTT but no success, is that we need to pay for its service?

[HELP] GPS Software Garmin Mobile XT

lOvEbItE — Wed, 19 Mar 2008 21:57:11 +0800

I'm heading to JB tomorrow and stay at friend house for few days. I want to set my friend's house as "HOME" so makes my life easier when I want to go back from outing. The problem is I've set it to my house in hometown, and everytime I press home it only allow me to click "GO" or "MAP" but never allow me to reset the home location.

How to reset home location?

Houses at Puchong Meranti Jaya

lOvEbItE — Thu, 06 Mar 2008 16:02:33 +0800

Hi, my sister has saw an advertisement about sale of a Double Storey Super Link House (22' X 70') at Puchong Meranti Jaya.
According to her, the house is fully renovated with 4R3B. Can move in without renovation as there are ceiling fans, airconds, water heater, auto gate, alarm system, etc. We have yet to visit the house so I don't have any idea about the exact look and the environment of that area.

My concerns:
- How's the environment of Puchong Meranti Jaya? Happening? Many residents or many unoccupied properties?
- Is it worth is the price is about RM335k?

You are more than welcome to give any other opinions. Btw this is our first property so we need a lots of advises, please share your experience. Thanks in advance!

How to track visitors?

lOvEbItE — Sat, 16 Feb 2008 00:34:25 +0800

A friend of mine told me she can trace her visitors' IP. Such as who has actually left a comment (it's more like a chatbox) and also how the user managed to find the blog out (such as from google search for "lovebite's blog" etc).

I'm now starting a blogspot blog, interested to know these thingies...

How to:
Add a chat box?
Trace chat box comment user's IP
Track how user found this blog

Is it using google analytic? I tried that and viewed my blog few times using different computers but the report is saying that my blog has 0 page view.

Please advise.

Thanks!