Malaysia Boleh!

When the rest of the world is suffering from economy downturn (average lose of 2%), Malaysia Kuala Lumpur Composite Index (KLCI) can hit all time high of 1395.03 on the week closing. This is a very funny country that we are living in and we need super genius economist (such as me) to explain why this is not supposed to happen and why this is happening in Malaysia.

Why KLCI is not supposed to be this high:

1. Malaysia lost 80% of its foreign direct investment (FDI) while our neighbor countries are prospering. This means that foreign investors are moving their investment from Malaysia to neighbor countries such as Singapore, Indonesia, Thailand, Philippines and Vietnam.
2. Malaysians are expensive workers because we are so educated that we refuse to work hard and leave most of our jobs that required skills to foreign labors. Don't you realize that your Chao Kuey Teow is being fried by a Vietnamese lately? Therefore, this is a major loss to our GDP.
   
3. Ringgit Malaysia (RM) is being so strong right now without strong financial foundation to support its strength. This further decreases our FDI as investment in Malaysia becomes relatively more expensive with the strengthen RM.
   
4. There is no major technology breakthrough in Malaysia that is profitable. I read the news that our Ministry of Health is trying to remove the DNA that causes Denggi from the mosquitoes. Good luck on breaking through that technology! Wish you all the best!!
5. Our economy focus has been switched from agriculture to construction since we moved from Pak Lah era to Najib era. If we would have focused on agriculture right now, we could prosper better since we have natural resources and environment to export raw materials to emerging countries. However, we could not benefit from more constructions in Malaysia since we have very limited population. Yet, I don't understand why we don't get cheaper housing from the surplus of houses. Perhaps Malaysians are too rich and love to own several houses??

Why KLCI can be so high in Malaysia:

Aiya, one reason only lar!!!