Friday, 14 August 2015

TPPA and American Greenbacks : A threat or treat ?

Good Morning dear readers,

TPPA and American Dollars are the most topics being discussed all over Malaysia perhaps. Some arguing the needs of signing such trade agreement, some become an instant economic expert of the country, some seems disenchanted with all these frenzies of TPPA, and most interestingly, some questioned ;

Why must we bother since it does not have any impact nor we will be impacted upon them ?

Well, SeTaN BaiK has no fixed answers for that.

Anyhow, TPPA is a trade agreement between the USA and few pacific nations and Malaysia is included. Whether we ( Malaysian Government ) will sign the agreement in its original provisions will remain to be seen. If SeTaN BaiK not mistaken, current International Trade Minister, Tok Pa, is leading the effort in the official meeting and negotiation to get the best benefit for everyone.

In fact, as being reported in The Star today, Tok Pa mentioned that they are currently running a cost-benefit analysis of TPPA. SeTaN BaiK welcome this effort as an excellent economic measures and SeTaN BaiK would like to remind Tok Pa and his team, PLEASE PUT THE MARHAEN'S BENEFIT AS THE PARAMOUNT BENEFIT OF EVERYTHING. 

As for US Dollars, so much hype in facebook and twitter when our exchange rates goes flat four in the recent days. The highest since the last 17 years. SeTaN BaiK would like to acknowledge that this is a clear indication of what happened to our economy. Most of us are not economic marvel but all of us shall face the grueling brunt of weak economy lapse in terms of higher cost for groceries and the hike in interest rates in most financial transactions.

 So government, clean your mess up and fixed our ringgit. Better ringgit means better trust. Be it from the rakyat and also, your diligent foreign investors.

Salam Jumaat and let us hope that Malaysia will be better than today. Say it in your prayers and doa's.

SeTaN BaiK
1212pm
14/08/2015
Petaling Jaya.

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