Google menukar logo rasmi mereka

Ya, untuk 17 tahun, Google tukar lagi design dan logo depa untuk tahun 2015. Menurut akaun Twitter @Google, ia telah pun dilancarkan pada 7 jam yang lepas (iaitu jam 12 tengah malam waktu Malaysia)

Untuk logo terbaharu Google, ia membawakan tiga elemen disebalik logo terbaru iaitu :

Dengan imej baharu Google, ia akan terus diaplikasikan kepada semua produk dan servis dibawah penyeliaan Google.

Tak lupa juga terdapat perbezaan yang didapati di laman Google Malaysia seperti dibawah. Logo pada atas ruangan “mencari” telah ditukar kepada logo baharu dan kemudian pada favicon google juga ditukar kepada logo baru yang menarik!

Google doodle hari ni membawakan – Sejarah Logo Google yang menyatakan Logo Google Baharu September 2015

Untuk bacaan lanjut boleh baca di Google Design.

#todayishere : Nafas Baharu Malaysia Airlines!

#todayishere merupakan satu slogan baharu untuk pelancaran Malaysia Airlines Berhad (MAB) | Imej twitter @MAS
Salam,

Hari ini tanggal 1 September 2015, Malaysia Airlines secara rasminya dikenali sebagai Malaysia Airlines Berhad (MAB), membawa satu simbol dan nafas baharu kepada syarikat penerbangan entiti negara Malaysia. Syarikat baharu yang wujud pada hari ini akan membawa 1001 makna dan harapan kepada rakyat Malaysia, semoga MAB dapat bangkit dan naik menjadi salah sebuah syarikat penerbangan terhebat di dunia!

Dengan management baharu yang diterajui oleh CEO Christoph Mueller, diharap akan membawa Malaysia Airlines untuk terbang lebih jauh lagi!

Ucapan CEO MAB ketika sidang media pertamanya pada Jun lalu :

MAS mencatatkan kekerapan kemalangan yang tinggi dalam tempoh tiga tahun yang terakhir ini. Kemalangan pesawat MAS MH370 dan MH17 sering menjadi topik yang dibangkitkan di dalam media-media sosial, sekali gus akan secara berpanjangan menanamkan persepsi buruk terhadap MAS – sumber

Kelahiran Semula

Saya ingatkan mudah je “kelahiran” semua syarikat penerbangan nasional ni mudah, dengan penambahan “Berhad” dibekalang nama, tapi rupanya sebelum organisasi syarikat diubah ia perlu diaudit berbulan lamanya dan syarikat baharu baru boleh beroperasi selepas Sijil Operator Udara (AOC) diluluskan!

Bukan mudah untuk mendapat sijil AOC, syarikat perlu diaudit dari segi operasi penerbangan, penyelenggaraan pesawat serta pematuhan peraturan. Fuhhhh, bukan mudah tu!

Harapan 

Pada Mei 2015, MAS telah mengumumkan untuk fokus dalam laluan jarak sederhana melalui Terma Pemulihan MAS, secara langsung membuat keputusan untuk membatalkan penerbangan ke eropah, salah satunya adalah Frankfurt. Baca lagi laluan Malaysia Airlines yang dibatalkan

Menurut Terma Pemulihan MAS, depa lebih memfokuskan “Hub Transit” berbanding perjalanan jarak jauh.

Harapan saya pada MAB dengan management baharu adalah, dapat membawa imej Malaysia serata dunia, membawa dan mengekalkan konsep MH iaitu Malaysian Hospitality kepada semua.

Saya ada beberapa kali mengambil penerbangan jarak jauh Malaysia Airlines dari Pulau Pinang ke Frankfurt. Sepanjang perjalanan, rasa bangga dan selesa menggunakan perkhidmatan kita sendiri. Hmmm.. alangkah bagusnya kelak MAB dapat naik lagi menggunakan Malaysia Airlines.

Luthfi
01.09.2015

Tambatan Ringgit dan Kawalan Modal

Salam,

Aku nak kongsi sikit informasi pasal tambatan ringgit. Untuk cambahan ilmu sama sama. Ditulis oleh Lim Sian See

Capital Controls and Pegging our Ringgit.

In 1998 when we pegged the currency at RM3.80, we also instituted currency controls which made it difficult for foreign capital to enter and exit Malaysia.

Essentially, we did not allow capital already in the country to leave Malaysia easily – trapping funds held by foreigners and Malaysians within our system and preventing them to go overseas.

Other countries who pegged their currencies such as Hong Kong or Brunei (which pegs it against the Singapore dollar), do not have such capital countries and defends their peg using their FOREX reserves.

At that time in 1998, Malaysia did not have strong FOREX reserves hence the traditional peg would not have worked as we would have gone bankrupt from defending that peg. Therefore,  on top of the peg, Malaysia had to implement very strict capital controls too.

Back to present day, the Ringgit closed at RM4.17 to the USD yesterday – down from the low of RM4.28 reached on Wednesday.

If you look at the graph, you can see that from January to July 2015 our ringgit fell 30sen from RM3.50 to RM3.80. But in less than a month from Aug 1, we dropped 48 sen from RM3.80 to RM4.28

This sharp depreciation is really evident when you look at the graph. Our Ringgit really went into a free-fall past RM3.80, which was the previous peg.

Of course other factors such as the China devaluation which also caused oil and commodity prices to fall further was also a factor but our currency depreciation velocity past RM3.80 was very much sharper from other countries’ graph during the same period.

This led me to believe that one of the reason for this much sharper weakening was the RM3.80 peg of the past. In fact one economist said in 1998 that Malaysia will pay the price of capital controls and betraying investors confidence not during the 1998 period but the next time our currency is under great pressure. That time appears to be now.

I have read reports that many people – residents and non-residents – were afraid that after passing the previous peg level of RM3.80, Malaysia would implement the peg and capital controls again. 

Hence it is possible that past the RM3.80 level, many investors have accelerated the pace of taking out money from Malaysia as they were afraid that their money would be stuck and unable to go out if Malaysia imposes capital controls again.

This fear may be the reason why the depreciation started to accelerate much more than other countries during the same period once we went past RM3.80.

This is also why PM Najib had publicly announced very firmly last week that Malaysia will not peg the currency and implement capital capitals again.

The Govt is being brave in not succumbing to pegging currency and imposing currency controls again. That is the easiest thing to do and immediately no more complains about the Ringgit but this adversely affect Malaysia’s economy more in the medium to long-term.

However, the market will probably not immediately believe this commitment as Malaysia has had a track-record of suddenly pegging the ringgit and implementing capital controls which trapped a lot of investors.

Therefore, govt has to prove to the market that the government is willing to let the Ringgit float freely – even if it means enduring high volatility and a sharp currency weakening in the short-term.
After a while, the market will be convinced on our commitment not to peg and implement capital controls. They will then focus back on Malaysia’s strong fundamentals and potential and normalcy will return to our currency.

Pegging and capital countries are not necessarily good as it pisses off foreign investors. In fact, the next few years following 1998 saw a big drop in foreign investment and stunted our growth compared to the other countries affected by the Asian financial crisis in 1998.

South Korea and Thailand which was also badly affected by the 1998 crisis did not peg their currencies or imposed capital controls but their currencies also recovered in about the same time as when we pegged our Ringgit.
From the graphs below, you could argue they did even better too – despite not imposing capital controls.
Malaysia pegged our currency and imposed capital controls in 1998
South Korea and Thailand did not but their currencies recovered equally quickly too
The two graphs above was lifted from the economist blogger HishamHs blog post. He has a good write-up here on why Malaysia should not peg our currency. His article came to two conclusions:

  • A currency peg will not stop a depreciating currency, at least not for very long
  • A currency depreciation will not cause the economy to tank; that is something that should be attributed to the interest rate defence
The last six years of Tun Mahathir’s government were essentially spent on trying to get back Malaysia to where it was before. Essentially, the Malaysian economy was stagnant for 6 years then.
Total Malaysia GDP
1997 – USD 100.2 billion
2003 – USD 110.2 billion

After currency controls and the peg were lifted, under Pak Lah’s govt, there was a noticeable jump in growth – despite the 2008 Global Recession.



2009 – USD 202.3 billion
2014 – USD 326.9 billion In fact, during the last 5 years of Najib’s govt, total GDP grew by USD125b – which was bigger than the entire economy size left by Tun Mahathir.

Growing from a small and not industrialized base is easy. But escaping the middle-income trap and growing from an already sizeable industrial base to a knowledge economy is much harder.
Many countries fail to escape this middle income trap – hence the need for different policies and strategies which the Economic Transformation Plan has outlined. We cannot keep using the old policies of the past as the environment and the challenges have changed too.
So far, based on the evidence of the past 6 years growth and the sustained private investment growth, the strategies seem to be working – but there will be some pain as we restructure and transform our economy. The choice is if we want to continue to be trapped in our comfort zone as a middle income country or do we bite the bullet and endure some pain now in order to escape the middle-income trap and transition to the next phase.

The State of the Nation: Has Malaysia escaped the middle-income trap? Read here.