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WHEN Budget 2022 was presented in November 2021 by the Finance Minister, the government’s revenue was based on a crude oil price forecast of US$67 (RM281.40) per barrel.Based on this forecast, the government expected to collect some RM43.9bil in terms of petroleum-related revenue.
THE recent rally on crude palm oil (CPO) has been spectacular, to say the least.
EVER since the Human Resources Minister was quoted as saying that Malaysia is mulling the idea of raising the minimum wage from the current level of RM1,200 to “around RM1,500 and below” and to be implemented by the year-end, stakeholders have been out with guns blazing either in support or in opposition of the 25% jump in minimum wages.
THE year 2022 is surely turning out to be topsy turvy not only for markets but also for central bankers.
LAST week, this column discussed Bursa Malaysia indices and how they have performed over the past three years. As we are aware, investing today is more about picking the right sectors or market themes and with that, the individual stocks that will make up an equity investment portfolio.