ALconsulting.jpg (27790 bytes) Getting out of the woods
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The EDGE, 3 Sep 2001

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  Gettingout-rts.GIF (37926 bytes)

"Our leading indicator index database is still insufficient and as such, inferences coming out of its utilisation can be somewhat unwarranted... the MIER is strong in this area, but then again, we are nowhere near, say, the US."

Arifin Abdul Latif
Aug. 26, 2002

Date:  Fri, 08 Nov 2002 09:03:46 +0800 (SGT)
From:  arifin34@catcha.com
To:  laiml@maxis.net.my, hashim@moste.gov.my, nmano@nt1.frim.gov.my, ssanasy@tm.net.my
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Subject:   the world bank saying our 
economy to grow by 3.5%????
my dear friends,

a note to ponder.... i am in the process of writing 
another story - the one i promised to deliberate on 
my nov/dec 2002 and 2003q3 reversal scenarios for 
the klci.

gdp-wise my forecast seems to be "in line" with the 
world bank (in nov 6's nst frontpage), or rather 
the world bank's forecast is in line with mine (written 
in aug 26, 2002)?. whatever! the point i would like 
sound it here is that we should begin to lend our 
ears when local experts air their views -- and not 
wait for some smart alec from the western world to 
tell us so! 

after merdeka for 45 years we must be bold enough 
to choose our own destiny ..... sharpen our grey 
matter and make up our own mind and analyses. we 
are no less inferior (if not better) than our counter-
parts from the so-called developed economies!

malaysia boleh!

arifin
proud to be a malaysian!

----- Forwarded message from Arifin Abdul Latif 
<arifin@doa.moa.my>

Subject: Re: ML reports
To: < SHSunShirley@ocbc.com.my >

thanks for the thought shirley..... read the nst's 
frontpage today? well now the world bank is 
saying that our economy will grow 3.5% this 
year.... compare that with my 3.52% forecast in 
the edge (aug 26 article) for 2002.

well.... nobody takes it seriously when a local 
boy like me says something but when the world 
bank says it the whole nation will be buzzing....  

bye....
arifin

  ----- Original Message ----- 
  From: Sun Soh Hun, Shirley 
  To: arifin 
  Sent: Wednesday, November 06, 2002 5:07 PM
  Subject: FW: ML reports

  hi Arifin
   
  selamat berbuka puasa
   
----- End forwarded message -----

Read More Commentaries ... 1 2 3 4 5 6
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From the Readers' Emails...

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Feedback on my comments
on the world bank forecast
 
(NST, 7 Nov2002)
From:  Lim Hoong Hoom lhh1@pd.jaring.my>
Date:  Sat, 9 Nov 2002 12:39:00 +0800
Subject: 
Re: the world bank saying our economy to grow by 3.5%????

Yes, Ariffin,

U did it & proved that Malaysia BOLEH.  I too am very proud to be a Malaysian. Keep up the good work.

From: "Junid Saham"  <junidas@pop.jaring.my>
Date: Fri, 8 Nov 2002 00:03:55 +0800
Subject:
  Re: Re: ML reports

Brudder, 

Sure thing the media revere the foreigners saying or commenting on this pleasant country of ours. Comments from locals, are seldom valued...that is normal. Even the Great Prophets [pbot] were relatively better revered abroad than in their homelands. Never mind Brudder; keep on giving your sincere comments

Somebody bound to notice you; and certainly many appreciate you

Cheers.  Sincerely, 

Junid

From: "Junid Saham"  <junidas@pop.jaring.my>
Date: Fri, 8 Nov 2002 06:32:43 +0800
Subject:
  Re: Re: ML reports
Brudder. 

Please do not worry. You are right, statistically accurate and strategically right. But foreigners seem to get more accolades than locals. It is in the nature of things that foreign ideas seem more original and respectable than local ideas. Really, you are not alone as even the Prophet [pboh] was more honoured in foreign lands than own home country. The thing is to stick to your own honest interpretation and analysis of economic data and distribute them to friends... Azam will support you and he has thousands of readers and they are decision makers and know what to do... give them your accurate analysis... forget about the mass media eulogising on some foreign analysts who in the first place get their info and data from us... 

Please continue writing. You are better than all those foreigners whom our media and government people are fond of relying on...intelligent people know who is accurate. 

Cheers, 

Junid

From:  Dr Hashim Hassan <hashim@moste.gov.my>
Date:
Tue, 12 Nov 2002 17:35:30 +0800
Subject:
  Re: the world bank saying our economy to grow by 3.5%????
Hello, sdr. 

Apa hang dok berlawan dengan world bank tu? Data siapa yang betoi, semua ramalan. GDP's growth is only an indicator. In China one town alone GDP expand 7-9 %, it is even larger than world growth rate. Now look at the determinant of growth. It is technology and productivity that lead to profitability of company. Look at GDP, profit is small contributor to GDP now. A major chunk goes to labor in terms of retrenchment cost, relocation etc., More often technology don't create big profit growth, because of competition among competitors eat up supernormal profits, particularly in competitive technology. We must look at the corporate behavior and see what drive profit and technology, and examine these sources. 

How would you address factors that allow GDP to shift and be sustainable? This is the question you want to answer initially. 

Hashim Hassan

From:  thoyoon lee <fz_95@yahoo.com>
Date:
Thu, 14 Nov 2002 07:01:55 -0800 (PST)
Subject:
  Re: the world bank saying our economy to grow by 3.5%????
selamat hari raya to & your family. 

is there real growth out there? there is so much tension and remorse that a lot of people are so negative about the country's growth figures. What makes our country different. when all around us is not having growth in their country. i believe we are adjusting to new economy. This will be a few years of changes and many will die and the strong will survive. now then we have to really watch it. the agriculture industry will really open out with AFTA and here the small farmers who do not change will die. i believe the corporate farms are coming. sime darby is really the company ready for this growth. What do u think. The electronic business will be a dog eat dog business. 

that is all bye.

selamat hari raya

From:  thoyoon lee <fz_95@yahoo.com>
Date:
Thu, 14 Nov 2002 07:17:07 -0800 (PST)
Subject:
  Re: the world bank saying our economy to grow by 3.5%????
arifin selamat puasa to u and your family.

i believe the economy is standing still in truth. it is time for change for the economy in the world generally. the small are going out of business and the big are getting bigger. take the agri business with AFTA the small farmers in Camerons will have to change or they will go out of business. the direction they don't have while sime darby is in a position to be a corporate business. i see them as big importer and exporters of food. they are in a position to grow real big from estates to agro food production and generic development. they have been so long in developing seedling for plantations that they have a pool of expertise to develop further. this standing still will be for a few years until the world economy have sorted out the strong from the weak. rule of the jungle. 

so long for rubbish. 

bye

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