Why is ringgit plummeting ?

[SiangMalam]

Jan, glad to know you are helping the Canada/US economy this coming November…

You don't need 4D lah... As a savvy businessman, I am sure whatever you spend for leisure is just your small change…


p/s : I have not been to any part of North America except a small US town, Wisconsin and this is after many “appeal” from wife to accompany her annual business trip. I Just don’t feel like spending long mad hours flying there and the numerous mad transits to the middle of the continent...

Then go straight to Seattle and spend a short time there and take a cruise to Alaska and see whales singing and jumping in the frozen bays as they mate... and icebergs floating by... sip some single malt and puff on a Cohiba while you're seated on the top deck all covered up except your face... life is heavenly my friends...

[jan tomaswaki]

You were there. Did you try their croissant?
The opposite coffee shop serves a very good pork porridge too.
Usually hv my porridge before having my Kopi fix at Tiong Bahru bakery.

The coffee cost S$4.50 anyway i am not a morning bread person,better had breakfast in market,CCfun,ikan parang porridgeor stew duck porridge

[jan tomaswaki]

Nearby there is a shop famous for roast duck which is directly opposite Tiong Bahru market. Give it a try if time permitted.

Will try this moring,but did youknow there is a famous bean curd and porridge store around the corner,one word...delicious!,Was in Marina Bay last nite...the engineering feat and design was creative.Saw the water foundtain show and the back ground music..BTW opposite the hotel coffee shops "taichow " selling -Alaska crab,Sri Lanka crab,oyster,soon hock etc...this one cannot afford la,S$168/kg

[HTCHONG]

Will try this moring,but did youknow there is a famous bean curd and porridge store around the corner,one word...delicious!,Was in Marina Bay last nite...the engineering feat and design was creative.Saw the water foundtain show and the back ground music..BTW opposite the hotel coffee shops "taichow " selling -Alaska crab,Sri Lanka crab,oyster,soon hock etc...this one cannot afford la,S$168/kg

Sorry to digress the topic to food delicacies in Singapore!

The Tiong Bahru Market is one of the most popular hawker centers in Singapore and Chwee Kueh is one of them by Jian Bo Tiong Bahru Chwee Kueh at Tiong Bahru market.

For seafood, such as, chilli crab, you may want to consider Wah Hoe Restaurant at Causarina road (Upper Thomson). As for Curry Fish head, can try Ocean Curry Fish Head at Toa Payoh Lorong 4.

[cml]

The ringgit has breached 2.60 to a sing dollar. malaysia boleh

[Henry T]

Then go straight to Seattle and spend a short time there and take a cruise to Alaska and see whales singing and jumping in the frozen bays as they mate... and icebergs floating by... sip some single malt and puff on a Cohiba while you're seated on the top deck all covered up except your face... life is heavenly my friends...

According to my friend's latest update by WhatsApp, he and his wife is quite close to the Artic now, on their bike. Really have to salute them for their adventurism.

[gtl]

The coffee cost S$4.50 anyway i am not a morning bread person,better had breakfast in market,CCfun,ikan parang porridgeor stew duck porridge

sorry, the coffee there is expensive........anyway, all in good enjoyable fun.
did you go to Marina Barrage in the nite? excellent view of the city.

[SiangMalam]

Will try this moring,but did youknow there is a famous bean curd and porridge store around the corner,one word...delicious!,Was in Marina Bay last nite...the engineering feat and design was creative.Saw the water foundtain show and the back ground music..BTW opposite the hotel coffee shops "taichow " selling -Alaska crab,Sri Lanka crab,oyster,soon hock etc...this one cannot afford la,S$168/kg

Put SGD100 on No.19 and hope the roulette wheel stops there.... you can have you Alaskan crabs all you want with a few soon hock thrown in too... remember, No. 19....

[SiangMalam]

The ringgit has breached 2.60 to a sing dollar. malaysia boleh

You mean Shringgit, right?

[ng]

The ringgit has breached 2.60 to a sing dollar. malaysia boleh

The USD was 1 to rm 2.50 back in 1985 if I remember correctly. And 1 SGD to 1.50 ringgit in 1985. (my memory could fail me though)

It was 1 SGD to 1 ringgit back in 1965

What are the reasons ?

[kwchang]

The USD was 1 to rm 2.50 back in 1985...What are the reasons ?

As far as I can remember the RM was RM2.50 to the USD throughout my childhood days until the monetary crisis pushed it to RM3.80 to the USD. Having it drop back to RM2.50 level is actually great, especially when those good ol days we were the top producer of rubber and tin...which is now all gone

Right now, I am sure you have heard that the USD is appreciating and certainly that is nothing we can control. Looks like Obama's recovery plans are now finally kicking in and they have reduced the unemployment rates in the US.... but of course, the other economists in the Forum would not agree with my simplistic views

BTW, I heard that the palm oil prices are going up...if that is any help BUT just today I heard from someone that the SIME Darby plantations are not producing quality grades of oil

[bslee]

Whatever this layman like me sees of palm oil futures or whatever...the store shelves are still short of local cooking oil as if its on ration.. approaching 2 years issue..I'm still observing!...

[ng]

BTW, I heard that the palm oil prices are going up...if that is any help BUT just today I heard from someone that the SIME Darby plantations are not producing quality grades of oil

I heard that americans are now health conscious. Palm oil, coconut oil have trans fat. They would rather use healthier oil like olive.

http://www.mayoclinic.com/health/tra...SECTIONGROUP=2

Quote: coconut, palm kernel and palm oils — contain a lot of saturated fat. Saturated fat raises your LDL cholesterol.

[cml]

Actually all the glc oil palm growing and producing companies' productivity are far below that run by the likes of ioi, klk and so on. You get the drift. The reason why they have been making money is because the commodity prices have been high, once prices drops to realistic levels then they will realise that they are not so hero after all and its not because they are good.

[Rhiga]

I heard that americans are now health conscious. Palm oil, coconut oil have trans fat. They would rather use healthier oil like olive.

http://www.mayoclinic.com/health/tra...SECTIONGROUP=2

Quote: coconut, palm kernel and palm oils — contain a lot of saturated fat. Saturated fat raises your LDL cholesterol.

I remember you said the western media especially the US main stream media is bias whet they report on China.. You are right, this has been proven time after time.

Similarly, the western media is bias (some even distort the truth) when they report on tropical oils.

I have some working knowledge on the palm oil properties. The palm oil authority in this region and also in the world is MPOB (Malaysia Palm Oil Board). Due to the introduction of biodiesel, I have close working relationship with them before they introduced the B5 FAME biodiesel in this market.

I am not a health expert and don’t want to touch on the subject of health due to different cooking oils. If you want to know more, MPOB is the right source.