The Collapse Of The Malaysian Ringgit Made Malaysia A SUPER COMPETITIVE Economy On World’S STAGE. For over 58 months now since September 1997 Malaysia Has Enjoyed A Healthy Trade Surplus With The Whole Wide World!
LESSONS FROM JAPAN & GERMANY
After the Second World War, both Germany and Japan were total wreck. In Germany there is widespread poverty due to the lost of bread winners in one third of every household. And Japan suffered the horrors of 2 atom bombs. However, from total destruction & smothering ashes arose 2 World Economic Powerhouse.
When World War 2 ended in 1945, both Germany and Japan lie like a heap of rubbish. All their factories that were converted into making guns, ammunition, tanks & planes were totally bombed out. The aftermath of the war devastation were 100 times worse than The Asian Financial Crisis! Amazingly, 40 years later by 1985 Germany Rose Up Once Again to be The Strongest, Fastest Growing Economy in Europe. And Japan Is The Economic Powerhouse in Asia. While the world hate physical wars, the world did not resist economic warfare.
So what Germany & Japan lost in physical conquest they won in economic dominance. Today the best selling cars are made in Germany & Japan. BMW, MERCEDES BENZ, AUDI FROM GERMANY AND TOYOTA, HONDA & NISSAN DOMINATE THE WORLD IN EXPORTS. (Proton & Perodua are rehatched 2nd grade Mitsubishi & Daihatsu while India’s Best selling Maruti is actually is 3rd grade Suzuki.)
The Collapse of the Ringgit Made Malaysian Exports SUPER COMPETITIVE. Rubber Gloves from Selangor Flood The World, Electronic Goods From Penang Factories Cover The Earth & Palm Oil from Sabah & Sarawak Overtook Soy Bean Export Worldwide. However THE BEST EXPORT IS MANPOWER FROM JOHOR STATE TO AFFLUENT SINGAPORE. Everyday over 70,000 bikes & cars cross over to Singapore to earn valuable Sing dollars.(Do you know that in 1973 – 40 years ago The Once Mighty Ringgit was Stronger than the Sing Dollar? RM100 was worth S$103 then. ) Since then the ringgit went downhill. And during the 1997-98 Crisis there was a fear that the Ringgit will weaken to Rm3.00 for each S$1.00. Actually, the root of the problem is not a weak ringgit, since Thai bath also weaken in tandem. It is THE MIGHTY SING DOLLAR that IS GROWING STRONGER ALL THE TIME. THE DAY MIGHT COME WHEN THE SING DOLLAR WILL RISE UP IN PAR VALUE WITH THE US $ – YES A ONE TO ONE PARITY!
Johoreans work in Singapore by day; live in Johore by night. Earning 1st World Wages & living at 3rd World costs. Johor also known as ISKANDAR IS REALLY THE BEST KEPT SECRET IN THE WORLD! (Note: they called Australia the “Lucky Country” actually they should call Iskandar the “Lucky State” instead. By 5 pm most of the shops are closed in Australia. At every corner in Iskandar you can find teh tarik 24 hour restaurants. They are also many 24 hour petrol stations & 24 hour car wash in Johor. There will most probably be a 24 Hour Supermarket in Johor in the near future. None of these are found in Australia,) .
The residents of Petaling Jaya did the same thing in the 60s & 70s when they traveled daily to work in Kuala Lumpur. In those days employment were mostly found in K.L.; PJ was known only as a sleeping place for tired workers. Before the Federal Highway was built the only route to KL was along the winding Klang River through Brickfields. The people of PJ then were earning in ringgit – no exchange advantage like the fortunate Johoreans today.
FIRST WORLD LIVING – THIRD WORLD COST ALSO RING TRUE FOR SINGAPOREANS.
(How To Shop For Bargains In Iskandar – Coming Soon Posting : A Very Vital Information For Retirees & For Singaporeans Who Want To Save Money In Iskandar}
TRANSITORY MIGRANTS BECAME PERMANENT RESIDENTS.
Many Johoreans are from States like Kedah, Perak, Trengganu, Pahang, Seremban, Malacca, Penang, Kelantan, Sabah & Sarawak. Their intention is to earn Sing dollars. Most of them who did not qualify in their application to work in Singapore settled for Johor instead. Many did not intent to live here originally. They hope to earn enough and then return to their home towns and buy their own property one day. However, with the increasing comfort and a stable job many johoreans have decided to settle down permanently in Iskandar. So instead of returning to their home towns, it is the other way round – many have sent for their wives, children, parents and grand parents to come and settle down in Iskandar since the prospect here is better and the future look brighter and more and more promising.
A WORLD CLASS METROPOLIS IN PROGRESS.
With Increasing Higher Paying Jobs Being Created In Iskandar, more and more people will flock here. This is part of the ONGOING MEGA TREND OF GROWING MEGA CITIES OF THE FUTURE!
Rural to Urban Migration is the norm. See the Huge Crowd Seeking Fun At Sunway Lagoon in Subang Jaya? A MUCH BIGGER & EVEN BETTER REPLICA OF SUNWAY LAGOON WILL RISE UP IN PENDAS! The Day Will Be Coming When Even Subang Jaya Folks Will By pass Their Own Sunway Lagoon in Subang Jaya FOR A FAR SUPERIOR SUNWAY LAGOON IN PENDAS! (There’s A Saying, “He who laughs last, laughs the loudest. So He Who Build Last Build The Best!”)
See the Car Park Filled To Overflowing at KL Mid Valley Megamall? Ever been there and not finding a car parking space after one hour? A FAR BIGGER IMPROVED VERSION of MID VALLEY MEGAMALL WILL BE BUILT IN ISKANDAR! (IGB Better Provide More Parking Spaces For S’pore Cars!)
Thomas Chalmers once spoke a message called , “THE EXPULSIVE POWER OF A NEW AFFECTION“.
We may call ISKANDAR “THE MAGNETIC POWER OF NEW ATTRACTIONS”. INDEED, PEOPLE FROM EVERY STATE OF WEST MALAYSIA, SABAH, SARAWAK, SINGAPORE, INDONESIA, CHINA, JAPAN, EUROPE, USA, AND ALL THE WORLD OVER WILL BE ATTRACTED HERE TO MAKE ISKANDAR A WORLD CLASS METROPOLIS!!”
NOTE
Mr. Goh Chok Tong, former Singapore Prime Minister said that Singaporeans are like Birds because of the Strong Sing dollar – every time they go abroad they say things are cheap! cheap! cheap!
