~About Myself~

Name	:	Lau Kok Wai
Program Course	:	Bachelor of Banking
Semester Hometown	: :	5 Kuantan, Pahang
Nationality	:	Malaysian
Date of Birth	:	05 March 1991
Marriage status	:	Single
Contact no.	:	010-9221168
E-mail	:	ichigo_kokwai@hotmail.com
Facebook Address	:	lau.wai.35@facebook.com

Bank Negara may raise OPR to 3.25%

PETALING JAYA: Bank Negara may raise its overnight policy rate (OPR) by 25 basis points (bps) to 3.25% next year due to inflationary pressure and a sharp increase in domestic demand, analysts said.

RAM Holdings Bhd group chief economist Dr Yeah Kim Leng told StarBiz that there should be a sharp pick-up in the inflation rate, mainly above 3%, along with a significant jump in domestic demand for the central bank to increase the OPR rate.

“The OPR is unlikely to increase in the first quarter due to the risk that the Federal Reserve might taper its quantitative easing programme. The OPR could possibly be revised as early as in the second quarter depending on the inflationary pressure,” he said.

Yeah said Bank Negara might increase the rate by 25bps in the second quarter and that the hike would only be made depending on the country’s economic growth momentum and how fast the inflation rate rises.

Meanwhile, Alliance Research chief economist Manokaran Mottain believes that the chances of Bank Negara increasing its OPR are “greater” in the second half of 2014 due to inflationary pressure.

“For the first half, inflation may increase to 3% mainly due to cost-push from further subsidy rationalisations and tariff adjustments. Usually, the central bank would not react on cost build-up,” he said.

Cost-push arises when businesses increase prices to maintain or protect profit margins after experiencing a rise in their costs of production.

He sees measures coming in in the second half of the year when demand rises to heighten demand-pull pressures in the second half of the year, which might see Bank Negara revising its OPR by 25bps to 3.25%. Demand-pull inflation, which occurs when total demand for goods and services exceeds total supply, responds better to monetary tightening.

He is expecting the inflation rate to increase to 3.2% by end-2014.

RHB Research Institute has lowered its earlier expectation of a 50-bps hike next year, as the central bank’s focus is on economic growth, which is still vulnerable to setbacks, while the rise in inflation is viewed as “temporary” due to policy-induced factors.

In a note to clients, the research house said that Bank Negara may raise its OPR by 25bps to 3.25% from the third quarter of 2014 onwards due to price pressure build-up from a possible fuel price hike in 2014 and the implementation of the goods and services tax in 2015.

Lending Management Class ^^~^^ Semester 1 Session 2013/2014

~~Incoterms Game~~

Today, 24 November 2013, My lecturer MR. Ghazali Ab. Rahman organize a incoterms game in International Trade and Finance class. All student work in a group. During the game running, MR. Ghazali will guide us if we face problem. In short, this is a nice game and we learn some lesson from this game. Thanks to our lecturer, MR. Ghazali. 

All student are concentrate their work

Good Teamwork!!!

~~~Sweet smile~~

Mr. Ghazali guide them in the game

^^Edit Photo Day^^

I used Adobe Photoshop Cs 3 to edit photo as shown in edited photo 1. I used crop and edit from original photo. After this, I will put edited photo 1 into All Soccer Magazine by using Adobe Photoshop Cs 3.

Original Photo 1

Original Photo 2

Edited Photo 1

Original Magazine Template 

Edited Photo Into Magazine

~~Nice Trip ~~

On 1st November 2013, I and my friends Kong Woon Wah and Lum Fung Yi went to a temple called is shi na du temple near Broga, Negeri Sembilan.There is a nice and beautiful village. Many visitors came to this temple to pray. That time,we were very happy and took many photo. It is a wonderful that day.

~~~Best Friends Forever~~~

~~~Best Friends Forever~~~

~~~Best Friends Forever~~~

A cute cow~~

nice and pretty scenery~~~

Wow!!!!Monkey King!!!

Gold!!!!!

My "grandfather" teach me fishing

~~~Best Friends Forever~~~

I like fruit very much!!!!!

Two person like a boss

^^Miss Lee Hui Ling Birthdays^^

Mr. Kong Woon Wah Birthdays^^

^^Kuantan Friends ^^

~~Taekwondo GTF~~

I started learned Taekwondo GTF since year 2004. In that time, I quite interesting to learn because I can learn self-defense. There have 8 grade before get black belt, include white belt, yellow tick, yellow belt, green tick, green belt, and so on until black tick. Then, in black belt, there have 9 dan. For example, a person who first get black belt, this call is black belt first dan. In Taekwondo GTF, there have 2 activity involve, which is pattern and free sparing. Each grade have their own pattern and above green belt are allowed to play free sparing. I got black belt first dan since year 2008. Until now, I still at black belt first dan.

Jumping Reverse Hocking Kick

Front Kick

What are the differences between Windows 7 and Windows 8?

If you have bought a new computer recently, the chances are that you are now trying to get to grips with Windows 8. This is the latest Microsoft operating system which has been installed on all new Windows computers since the latter part of 2012.

Windows 8 looks quite different from Windows 7. This is because it is designed to also work with touchscreen computers and tablets.

The main differences:

• When you log in to Windows 8, the first screen you see is the new ‘Start Screen’, also known as ‘Metro’. It still has the familiar ‘Desktop’ as well but we’ll come to that in a minute.
• Instead of Icons, the new Start screen has ‘Tiles’. You click these to open your ‘Apps’ (short for Applications). If you can’t find a particular tile, do a right mouse click in the space at the bottom of the screen and click All Apps.

• Windows 8 comes with an antivirus program called ‘Defender’.
• Apps don’t have to be closed by clicking a X in the corner – instead, just press theWindows key on your keyboard to return to the Start Screen. Optionally, an app can be closed by dragging it down from the top of the screen with your mouse, with the left button held down – or with your finger if you are using a touchscreen.
• Windows 8 doesn’t have a Start Menu. Instead, it has a ‘Charms Bar’ (see right) which is where you go to shut down and use other tools such as ‘Search’.
• Whereas in Windows 7 you might have used Windows Live Mail for your email, Windows 8 has a new ‘Mail’ app.
  

• Instead of having separate contacts for email, Skype and social networking e.g. Facebook, you will find all your contacts together in the new 'People' app.

• As mentioned above, Windows 8 does still have a Desktop similar to Windows 7. To find this, click the Desktop tile. Traditional programs such as Microsoft Word open on the desktop in the normal way and still have to be closed using the X in the top right hand corner. 
  
• Windows 8 includes two versions of Internet Explorer 10, one which opens from a tile on the Start screen and also one which looks more like version 9 and opens from an icon on the Desktop. Programs can still be pinned to the taskbar by right clicking your mouse on an icon in the taskbar and choosing Pin this program to taskbar.