All posts filed under: economy

Survival of the Fittest.

Originally posted on SHEU QUEN | THE RACONTEUR:
Image designed by Creator & Curator via http://www.canva.com. As many Malaysians would have known by now, times have soured and the economy is changing. The current situation of our ringgit has been deteriorating for many months now, the latest currency status puts US$1 against RM4.38. And that, my friends, is not a pretty sight. The economic situation is also changing, sadly, not for the better. Property prices have increased. Car prices have increased. Our local toll prices have increased too. The only thing that isn’t increasing are our salaries. Oil prices have dropped and are still dropping. Financial institutions are reducing their costs and have dropped many of their loyal employees too. Heck, I believe that any company or business who have plans on “reducing their liabilities by slashing their assets,” will do just that. Termination. Retrenchment. Firing. Anything but hiring. Like yours truly, who is now sitting at home in front of her laptop and typing this out to you. But hey, the world isn’t ending just…