Monday, February 20, 2006

Malaysia economy Vs. London


I think it's more interesting to walk the market, rather than to short on politic.
Having just coming back from London after i left 15 year ago, i feel like i need to record down some lines for later reference.
1) I am always told that Malaysia have make a good efford in attracting different kinds of tourists into our country, people from all over the world come visit Malaysia. Well, compare to London, we are nut, i can not even see much British in their street!
2) China town: Well, London's buildings hardly change for ages. China town is still China town 15 year ago, but the waitress changes from Hong Kongee to Malaysian, because they know not only Cantonese, English but also Mandarin. There are so many Main Land chinese students!! You just can't ignore them, they are all around!
3) Main Land Chinese students: It show the strenght of China growing economical power, sadly nothing else yet!
4) Booming Real Estate: The housing is up 3-fold from just 4 year ago. If you bought an one bed room apartment in Dorkland 10 year ago, it will cost u $100K pound (about RM$400K), now if you sell, it's $300K pound (about RM$2Mil), you make a handsome RM$1.60 mil.
5) Burst? HaHaHa, you might make a big mistake!
6) Harrods: This hundred year household name is own by a muslim. Just imagine Mas own by a Christian (Or may be Glocal Malaysian Indian)? HaHaHa, how can this kind of free economy burst??
7) Transport: I spend $24 pound for 7 days transport fee and can not finish it! It's no way you can do this in Kuala Lumpur, sadly. Can we improve? No, no way, for the reason we all know why.
8) Living expenses: Basic salary for school leaver is $1200 pound per month, graduate is $1600 - $1900 pound, a Doc degree $4k to $7K, remember most of the work force will not want to become there own boss. Two person lunch or dinner in a proper restaurant cost about $30 - $70 pound. McD basic $2.99 pound. Bedsit from $20 pound per week, studio from $70 pound per week, basically $200 pound per week you can get good accomodation for 2 -4 persons.
It's not expensive at all considering if you are a local.
9) Car: God Dame it! A brand new Volve cost u $18k pound (about RM$117K), Jaguar $28K pound (about RM$180K) God Dame it!
10) Limited company can be set within 5 hours, cost u $100 pound!

I'm so speechless....

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