吃一堑，长一智

吃一堑，长一智。
A fall into the pit, a gain in your wit.
经一事，长一智。

Appeal with the most bundles of documents

Appeal with the most bundles of documents 

 

 

 

 

Went to Court of Appeal on 17.05.2016 for the appeal of Impression Concept Interiors Sdn Bhd vs Profil Makmur Sdn Bhd. There are all together 35 volumes of documents, a record for me:

 

a)               Record of appeal for pleadings and documents – 17 volumes;

b)               Supplemental record of appeal for grounds of judgment – 1 volume;

c)               Supplemental record of appeal for notes of evidence – 11 volumes;

d)               Core bundles – 2 volumes;

e)               Supplemental core bundles – 2 volumes;

f)                 Bundle of authorities – 2 volumes.

 

13.4.2016

手把青秧插满田，
低头便见水中天；
六根清淨方为道，
退步原来是向前。

Contingent liabilities = 或有负债

一线之间，可以成家！

Challenging times ahead

Challenging times ahead - by Anthony Das of AmBank on 11.12.2015

1. Near term moderate global outlook.

2. Global trade is slowing down. Cyclical issue outweighs structural issue. Geopolitical risk becomes greater. IS n Syria. 2016 may see strong war - to divert attention.

3. 2016-19

a) US - 4 trillion in system cf 0.8-1.2 trillion
b) EU - ECB stimulus not strong enough.
c) Japan in recession
d) China - income distribution.
Ginni coefficient - 0.5. If it is high,  more rich people.  If 0, no poor people. Volume of usage of steel n other material has gone up.
e) India - 8% growth
f)  Malaysia - household debt 88%

4. Positive on retail,  tourism,  education,  healthcare.

5. Negative on construction.

6. Real challenge - interest rate policy
US n UK tightening
Euro n Japan - stimulus
China - easing

7. Expect gradual appreciation of Yuan in 2016.

8. By 2032, Malaysia will be aging country.

9. 55% at SPM level. 66 universities,  80 private schools.

 

If we cannot do the great things,  do the small things in a great way.