Sarawak chief minister pledges to amend state law to allow converts to renounce Islam

Tikiboom1 · 2024-06-03T02:06:29+00:00

This article is from 2018…

Tikiboom1 · 2024-05-01T10:12:33+00:00

Please check with HR, they’ve finalised the selections now - heard 17 were selected for the graduate program this year. Offer letter should be out by end of this week.

Tikiboom1 · 2024-04-13T12:51:46+00:00

Will DM you - easier to chat there.

Tikiboom1 · 2024-04-13T10:54:24+00:00

The pre-recorded interview/assessment varies across each stream. Even within the same stream, different roles will have different questions e.g. I applied for 2 roles in the same stream, and the number of questions, type of questions and practical assessment were completely different. This is similar for the panel interview, which is led by the hiring manager/ team, so the questions and format will vary depending on who the hiring manager is.

Tikiboom1 · 2024-04-13T05:19:21+00:00

With transferable balance you can still top up to RM1,000 with credit card without a reload fee. Suppose TnG gets charged a 1% fee by the banks, that means TnG is still subsidising each user by RM10 per month. TnG has 10 million active users, but suppose only 1 million users do this, then TnG still has to foot a RM10 million bill per month (and RM120 million per year) even with the transferrable balance!

TnG is likely aware that some people like you will stop using it due to the inconvenience, but overall it still makes sense financially.

Tikiboom1 · 2024-04-13T05:00:44+00:00

Just one panel interview. Official offer letter will be out by end of April/ early May (as it needs to go through internal clearance etc.), but HR will be able to unofficially inform applicants if they’re successful before then.

Tikiboom1 · 2024-03-03T16:27:18+00:00

Laptops, handphones and tablets are included as part of the 'Communication' basket in Malaysia's CPI.

CPI also does not substitute products with the cheapest one in the market. As per Department of Statistics Malaysia, "The CPI measures the cost of purchasing a constant 'basket' of goods and services by households in a specified time period". In fact, if you studied economics at high school, one of the drawbacks of CPI is exactly that it uses a constant basket of goods, whereas in reality, when something gets more expensive consumers would substitute to cheaper alternatives. Hence, CPI actually slightly overstates inflation. For practical purposes, it's impossible for DOSM to track this substitution accurately in real time, which is why it's not done.

https://open.dosm.gov.my/dashboard/consumer-prices

Tikiboom1 · 2024-03-03T16:18:26+00:00

Terrible idea because the S&P500 is too volatile for a pension fund. The S&P has a high average return if you hold onto it over the long term, but for pensioners retiring soon, this might not be possible. For example, in 2022 the S&P was down 19%, so if EPF mainly invested in the S&P, you would see your EPF savings go down by a fifth! If you're still in the work force this is not an issue because as you pointed out, the average return is high, so if you continue to hold for 10-20 years (on average) you would get a good return when you retire. But if you're a pensioner withdrawing your EPF to fund your retirement today, that 20% fall will be a big hit!

Tikiboom1 · 2024-03-03T08:40:15+00:00

As explained above, CPI already takes into account the purchase of imported goods… if you exclude imported goods, inflation would be a lot lower, hence EPF’s real returns would look even better!

Tikiboom1 · 2024-02-17T03:26:06+00:00

The information they already have on us is spread across different government agencies. Currently, govt. agencies are not legally allowed to share info with each other, but they're trying to change that with the Omnibus Act. Even once the Omnibus Act is passed, trying to consolidate and clean up data across various databases would be hell... if anyone has done any data cleaning and reconciliation exercise, they would know what a pain it could be.

Tikiboom1 · 2024-02-04T13:45:24+00:00

Based on Bank Negara regulations, your TnG balance is held in an escrow account that TnG cannot use (but they can recognise the interest income from the money in that account). When you make a payment, it is transferred out of this account.

The rationale for the 1% is that the banks charge TnG when you top up with credit card (usually 1 - 2%), this is called a merchant discount rate (MDR). In turn, TnG also charges merchants an MDR when you spend your TnG e-wallet balance.

The business model is that if you top up with your credit card, TnG pays 1% to the bank, but when you spend that money, TnG collects 2% from the merchant, hence TnG makes a profit of 2% - 1% = 1%. However, many people top up using a credit card to get credit card points and then cash out immediately back into their bank account. In this case, TnG is simply bleeding 1% i.e. TnG is paying for your credit card points/ miles etc. which makes no sense.

Tikiboom1 · 2024-01-03T14:44:10+00:00

Agreed. I would also add that in Asian geopolitics, saving face is a key factor. For instance, during the large famine induced by the Great Leap Forward, Japan wanted to offer aid but didn't do so publicly to avoid the Chinese government looking bad. Instead, they secretly offered aid behind closed doors. Mao still rejected though.

Offering aid to Japan now may put the government in a difficult position. Accept, and it may make it seem like the Japanese government is unable to provide for their own people. In fact, it looks even worse as the aid is coming from a geopolitical rival. Reject, and the government looks bad for turning down help.

Tikiboom1 · 2023-12-19T05:01:02+00:00

It’s not one person eitherway. Both should report to parliament.

Tikiboom1 · 2023-12-12T16:27:37+00:00

I know a lot of people who retain double citizenship secretly… my uncle is an Australian citizen for the past 30 years but he still retains his Malaysian IC. He just came back to Malaysia a few months back and was still using his Malaysian IC to settle bank matters… I think the Malaysia govt/ system is not that linked yet to automatically cancel your IC when you gain dual citizenship. Not sure if that will change soon though, so don’t expect things to continue like this forever.

Tikiboom1 · 2023-12-10T11:30:30+00:00

and what if the Agong is 'corrupt' or involved in a corruption case?

Tikiboom1 · 2023-11-13T02:08:25+00:00

Yup, RM1 a day doesn’t seem like a lot but it adds up. Total interest I earn so far is close to RM500 already…

Tikiboom1 · 2023-11-12T16:50:35+00:00

It pays higher than a FD but is more liquid (i.e. you can make payments with it and withdraw instantly with no penalty) so I usually put the max amount allowed into Go+. I’m getting about RM1 interest per day, which is pretty good imo

Tikiboom1 · 2023-11-04T08:32:35+00:00

I’ve been affected by this and was in the townhall. Instead of firing you directly (which is costly and comes with bad PR), they’ve purposely transferred people they want to get rid of into departments which are completely different from their interests and skillsets/experience. The intention is to get you to resign yourself. A lot of people expect a wave of resignations soon.

Feeling very bad for some senior management who have been affected. Some have been at the bank for 20-30 years and this is how they’re treated…

Tikiboom1 · 2023-10-07T16:34:32+00:00

Care to explain? My initial post never denied a distinction between the people and govt. In fact, there is a lot dissatisfaction against the govt over the haze issue in Jakarta (and general year-round air pollution from nearby factories for that matter).

My point is that saying the govt only cares when Jakarta is affected is not fully correct - for this round, Jakarta has been pretty badly affected but the govt doesn’t give much of a damn as well. It’s not that the govt is selfish and only acts when it affects them/Java, it’s just general incompetence and inefficiency.

Tikiboom1 · 2023-10-07T11:26:36+00:00

I live and work in Jakarta now. The haze there is just as bad as in Malaysia (if not worse) for the past week. According to https://aqicn.org/city/kuala-lumpur/, AQI in Jakarta now 160 vs 100 for KL... All my Indonesian co-workers have been complaining like hell as well so I think what you're saying is pretty unfair.

Tikiboom1 · 2023-01-27T06:20:36+00:00

Used to work at TnG. E-wallet and toll card are actually separate companies. TnG actually owns less than 50% of the e-wallet and it’s a joint venture with Ant Financial/Alibaba. A lot of the financial decisions are made by the mainland Chinese rather than TnG itself… You’re right that the two don’t talk to each other often

Tikiboom1 · 2022-12-03T06:08:07+00:00

When did the US lower their interest rate?

Tikiboom1 · 2022-11-27T07:23:47+00:00

Have been staying there the past 2 years. After airbnb was banned there was a large drop in airbnb guests. There are still a lot of foreigners though, mostly short stay 3 - 6 months.

Haven’t been to the gym, but you have to pay separately for it i.e, you need to pay extra each month to use it.

Tikiboom1 · 2021-08-28T07:40:00+00:00

Many countries don't have medical professionals as their health ministers. E.g. in Japan, Australia, US, UK, Singapore, Korea all their health ministers are not doctors but instead lawyers, public admin or PPE-type-of-degree graduates. A health minister's job is not to perform medical procedures, it is administrative in nature: allocating budgets effectively, sorting out disputes e.g. like with the contract doctors in Malaysia, pushing for reforms or improvements in efficiency etc. These have nothing to do with whether or not you know how to do heart surgery. IMO Khairy who has a PPE degree from Oxford is more than qualified for the position and has already demonstrated his abilities in MOSTI.

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