National Geographic did a project named ‘Seven Billion’ in the past years.As a part of the project,they want to find out a face which could represent a biggest number of people in the world.Well,they finally got it.
This is a face of a 28 year-old-Chinese-male drawn by computer according to 190,000 photos of 28-year-old Chinese guys.It’s a typical look that 9 million people in the world may have quite a similar face.
Is that amazing?I feel it’s 60% fit with my face. 
The economic in Malaysia recently has been at crossroads.More competitions in global market brings opportunities as well as risks.The Malaysian government is willing to take the chance to lead the country to be high income nation in 2020.Therefore,ETP was born for that goal.
Up to date,Prime Minister of Malaysia Najib announced 19 transformational projects come from 10 NKEAs, contributing nearly RM67 billion in investment, RM36 billion in GNI and 35,000 new jobs.
More EPPs will be announced by stages from PM Najib in the coming months.I’m looking forward to more great news that may drive Malaysia into a better living country.
Malaysian government announced that the prices of oil,gas and sugar will increase into a proper stage effective from 16th July,2010 in order to cut some subsidies.The details are as follow:
From Friday, the subsidies for sugar, petrol, liquefied petroleum gas and diesel will be cut as part of the gradual subsidy rationalisation programme, according to a statement from the Prime Minister’s office on Thursday.
The price of sugar will go up 25sen to RM1.75 per kg; LPG will go up 10sen to RM1.85 per kg; petrol RON95 will be up 5sen to RM1.85 per litre and diesel will be up 5sen to RM1.75 per litre.
RON 97 will no longer be subsidised. It will be subjected to a managed float, where the price will be determined by the automatic pricing mechanism, the statement said.
(Reported by TheStar)
In fact,I have totally agreed the movements of cutting the subsidies and I had talked about it one month ago.Oil and gas have been limited resources all over the world and they will create a lot of pollutions.By increasing the prices of them,it could reduce such issues.Eating too much sugar will cause diabetes.Higher price of sugar will let people reduce the consumption of it and so being much healthier.However,I also care about how the government will monitor on spending on savings of those subsidies to affirm that the savings will put into places where it could benefit all Malaysians.
I do hope that the accounts of Malaysian government could be more transparent and the officers could also do the jobs hard and think of the citizens in every second as they are public servants.
The Prime Minister of Malaysia Najib claimed that GDP in Q1 2010 is 10.1% greater than the same period of last year.It seems to be very good news as it indicates Malaysia’s economy is walking out of the mess and turning into a right way.However,some people put some arguments out because they see the growth of Malaysia’ economy is based a large deficit and creating a huge amount of debts.
Malaysia government provided RM18.6billion as the subsidies to petrol price,gas price and so on.It is almost 11% of GDP for the year,higher than many other developed and developing countries in the world(France-1.4%,UK-0.7%;Indonesia-2.7%,India-1.6%,China-0.7%).However,the expenses on subsidies are actually only ranking at No.4 of total expenses.The No.1 expense is for salary and other bonus of civil servants-1.22million of civil servants cost RM52.9billion for the last year-it’s around 3 times of subsidies and 33.7% of the total expenses.That means each public servant could get average income for the year at RM43360,at the same time,the Per Capita GNI(Gross National Income) of Malaysia is RM23567(ie. Malaysia has approx. 27.7million citizens in 2009.)
From the points I can see,I suggest the government smoothly cuts down the subsidies,but also need to cut down the number of public servants by increasing the operational efficiency and applying e-solutions and automation systems in order to facilitate the administrations among different departments.
Malaysia might not be another Greece so soon,but if the government doesn’t know how to control the debts and deficit,I don’t think a better future will be close to the people in this land.On the contrary,the whole country will probably suffer the pain later.
This new enclosed note will be in the monetary market at the end of this year in US.3D technology is first time to be put into a paper note as a part of security characters and so it will definitely reduce the number of faked notes.No doubt that the new design of US$100 is also quite nice.Let’s see the video introduction: