Thursday, February 15, 2007

Lots of good news for Malaysia or just plain ole' spin

Lots of good newsa been splashed over the local rags lately....one trillion rm in trade....KLCI reaching 1,200 points...more government spending....

The news, and government polies say so...but others have their reservations....what can a man in the street know?.....what indicators can we see....

First look at the restaurants.....are they packed? ...even on so call slow nights.....what about supermarkets and retail outlets ask around and see.....are they more tower cranes.....job advertisements....how many of them on Saturdays or on week days....

Going through these I find that the indications are that the economy is rolling along well this time (I don't know how it would do another 6 months down the track)...in Penang at least...the reastaurants are reasonably packed although not during the weekdays....more twoer cranes...especially along the Jelutong Expressways....and more job advertisements in the Star..even on the weekdays...

So things may not be as bad as the detractors are saying....

No comments: