Why fund the Barisan Nasional government if you are against their policies?

Since August 2011, I have started to move out part of my savings in Malaysia and invest in Singapore.

This is because I see no reason for me to fund the government that I do not trust. And, if the Lynas Rare Earth Processing Plant in Kuantan is approved for operation, I will dispose all of the Amanah Saham Unit Trust and withdraw all the available fund in account2 (KWSP) and park them in Singapore.

You do not need to wait for a general election to express your unhapiness on the existing ruling government. On top of the vote, one can pressure the government by withdrawing your money from all the funds that buying the Government Bonds.

Main Malaysia Government Bonds Buyers:

1. KWSP (EPF)

2. Unit Trust managed by Permodalan Nasional Berhad (PNB)

3. Fixed deposits under GLC banks (Maybank, CIMB, BSN, Agro Bank)

It is too easy for Malaysia government to issue bonds (debts) because there are ready government bonds buyer like KWSP and PNB.

It is not a good sign when PNB is launching a new unit trust (like Amanah Saham 1 Malaysia). The owner of PNB is the government. When the government need money, bonds will be printed. PNB will then raise fund by introducing new unit trust product or expand the fund size of existing unit trusts in order to buy the bonds.

Citizens who invest in the PNB unit trusts is paying real money to PNB in exchange of a booklet. PNB will then used the money to buy the government bonds (debts).

Why fund the Barisan Nasional government if you are against their policies?

Not convinced? Read below post:
Is the EPF (KWSP) being looted?

Say NO to Passive Smoking 5

Citta Mall management has gone one step further in anti-smoking initiative by prohibiting smoking in open air area as well (Please see picture below).

Clean air zone- We share the same air, thank you for not smoking.

 But, the enforcement of Citta Mall management is questionable as smokers are seen at the open air area.

The smoker who was facing the no smoking sign is smoking openly without hesitation.

LevelOne Wireless Router - Lifetime Warranty

About 3 year ago, when I was looking for a wireless router at Digital Mall, section14, Petaling Jaya, LevelOne brand was introduced to me. Actually I was looking for Cisco router at that time, but the retailer insisted me to give LevelOne a try because of the lifetime warranty policy.

Furthermore, Cisco router was out of stock at time. Without much option, I brought back the LevelOne wireless router.

Last Saturday, the wireless router failed to power on. I first thought of getting a new router, but undernealth my memory, I sort of remembering that this LevelOne wireless router has comes with a extended warranty.

Instead of going back to the retailer at Digital Mall, I brought the router to LevelOne distributor in Malaysia, Ivenue Soltions Sdn Bhd  for inspection. To my surprise, after approximately 10 minutes of inspection, the technician handed me a new LevelOne wireless router without any attached condition.

The LevelOne warranty claim experience is really exceptional good. The claim process is so simple, no complicated forms to fill up, need not wait for days or weeks for inspection and approval.

Contact details of LevelOne Malaysia Authorized Service Centre:

Ivenue Solutions Sdn Bhd

2nd Floor

37-2 Jalan PJS 11/2

Subang Indah

46000 Petaling Jaya

Selangor

Tel: +603-5632 5211