Well with the country's 13th general election looming many good counters are suffering the election "overhang" which is putting many counters at a stop for fearing a change in government could affect them.
Counters like DRBHCOM, which is so big and even if BN losses it has probably gotten everything it needs and could survived comfortably over the next few years assuming it continue to manage the entire business entity prudently. CIMB on the other hand also realize the danger of losing the indirect favour from investors and customers should BN lost in the coming election and have since ventured more overseas and have balanced its portfolio and revenue contribution areas. In short, I think these 2 big companies are going to do just fine.
On the other hand, rumour on MBSB being a take over target by RHB has been in the circulation high and low for a while now... has the time come for it to materialize or EPF wants to wait until after election? bottomline is these people don't understand branding and neither do they understand time equals money.
In short, if the objective is there and the purpose is clear that is to enlarge the entire banking group, why wait? also there is no point in having MBSB building its own brand and instead, they should just do a GO and merge the company into RHB or take it private and after some restructuring relist it later to make big bucks. I think MBSB has lots of potential with its dominance in public sector and its network among the civil servants. If only they have vision and guts, things would have been done a lot faster and business would have been much better for its shareholders. That's why ringgit is so low compared to even Singapore dollar.
in a globalized world, malaysian only stand to lose out on the value of their time(spent) as they work 35-45 years earn a decent living and forced to pay for ridiculous car price with ttheir mediocre pay even for graduates. Singporeans only have to work about 20 years to equal the value of what Malaysians earn in a whole lifetime with today's exchange rates.
Of course you can argue the quality is not there for the recent years of graduates but hey, that not a reason to justify the low salary. The main issue is with the education system and the race based policy that stunt Malaysia's progress because after 55 years, the race is still the majority of the poor in the country. If the policy is working, by now we would have zero poverty for that group but the fact that the country's earning gap between the rich and poor gets wider it just proved that the policy is flawed so bad that it needs total revamp.
Also what the fuck is bonus for raya? what about other celebration like Christmas, Deepavali, Chinese New Year, etc... are they not citizen of Malaysia? oh, I get it, majority of the civil servants celebrate Raya. Excuse me, who paid the most taxes? its not the people's fault 99% of the civil sector is domninated by one race.... its the government. they had wanted it that way to stay in power and continue the race based policy.
Everyone that is born in that country is citizen by birth right and that's a given. Why the need to divide into UMNO/MCA/MIC etc... why can't we rule like the US, democrates and republicans easy... both fights for Amaericans regardless of race? ONE word, CORRUPTION. Yes, its alive and very alive in Malaysia because else, why 55 years?