Saturday, December 13, 2008
this is important..referring to all graduates!
Slight drop in Malaysia’s job outlook confidence
expected in Second Half 2008, says JobStreet.com
Kuala Lumpur, 23 July 2008 – There are signs that the job market in many of the industrial
sectors in Malaysia is expected to tighten in the second half of this year. A survey conducted
by JobStreet.com earlier this month indicates that the overall job outlook confidence is
expected to decrease slightly from the first six months.
The major sectors most likely to be affected to some degree by the economic uncertainties
would be manufacturing, construction, finance, trade, hospitality and transportation, while the
computer and mining (oil and gas) industries are likely to be unaffected.
From a random selection of about
600 JobStreet.com clients from
various industries that were polled
in July 2008, 36 percent of them
said that they would employ more
people in the second half of this
year as compared to the same
period last year. About 34 per cent
said that the level of employing
new staff would remain more or
less the same, while 30 percent said
they would be hiring less people.
In contrast, a similar poll by
JobStreet.com at the beginning of
the year indicated that 55 percent of
companies were expecting to hire
more staff in the first half of the
year as compared to the first six
months of 2007.
The decline in the hiring rate of
new staff was also reflected in the
job outlook for the second half of
this year. About 42 percent of the
companies polled were of the
opinion that the employment
prospects for this period would be
worse than that of the same period
in 2007.
Only 30 percent of the respondents expressed confidence that the next six months of the year
would at least be slightly better that the second half of last year, while about 28 percent said
the job outlook would be unchanged.
Measured against the first half of
this year, about 43 percent of the
respondents said that the job
outlook would be worse.
However, 32 percent said the job
outlook would be unchanged for
the second half and about 25
percent thought that the job outlook
would still be positive enough for
companies.
JobStreet.com also polled the
companies on whether or not they
would adjust staff salaries in view
of increasing fuel prices.
While 52 percent of the companies
either said there would be no
adjustment in the mean time or it
was still too early for their
management to make any decision,
the other 48 percent indicated that
there would be an adjustment of at
least 5 percent to salaries.
The JobStreet.com Job Outlook
Survey for the Second half 2008
also polled employers about the job
skills and specializations they require in the new staff they would hire during this period.
Collectively for all industries, the top job specialization wanted was marketing and business
development. Specialization in sales and marketing climbed up two positions to displace
mechanical engineering which dropped to third position.
Other highly sought skills that companies are looking for include accounting, computer and IT
software, clerical and general administration, customer service, electrical engineering, human
resource and specialization in technical sales and marketing. (Refer to the table on Page 3)
Some comments by survey participants
Higher operational costs arising from the recent increase in fuel prices in Malaysia are main
concerns expressed by companies that participated in the JobStreet.com Job Outlook Survey for
the second half of 2008.
According to some of the responses received, employers are starting to look at leaner company
structures with more qualified candidates filling the job openings. Employers are exercising
more caution in hiring additional
manpower but at the same time,
they are becoming more efficient
with their existing headcount. “It’s
now the employer’s market,”
intoned one of the respondents.
Another respondent observed that
while the job market would be
affected by the economic
uncertainties, jobs were still there
to be filled. However, the more
pressing concern that employers
still face was the difficulty in
finding the right person for the job.
Despite the tightening job market,
many job seekers continue to be
very choosy in their wants and
were willing to be jobless until
they got what they wanted. “Our
job market has not reached the
desperation stage where job
seekers will turn to any job offered
to them and perform,” he said.
However, it should be noted that not all the industries share the same opinion of a tightening job
market. A respondent from the computer industry claimed that jobs in the IT industry was still
relatively plenty and could even continue to grow during this period.
Appendix 1: Job Outlook (major industries)
Appendix 2: Top 10 job specializations (major industries)
About JobStreet
JobStreet operates the JobStreet.com (www.jobstreet.com) online recruitment websites
presently covering the employment markets in Malaysia, Singapore, Philippines,
Indonesia, India and Bangladesh. The Group has also established a subsidiary in Japan and
invested in Recruit Group Limited in Hong Kong. The Group currently services over
50,000 corporate customers and over 5.0 million jobseekers throughout the region.
JobStreet is listed on the Main Board of the Bursa Malaysia Securities (Stock Code:
JOBST)
Disclaimer
This is a JobStreet.com publication. JobStreet.com assumes no responsibility or
representation for the accuracy or completeness of the information and shall not be liable
for any loss damage claim liability proceedings cost or expense arising directly or
indirectly from the contents of and/or any omission from the contents of this publication
and/or any communication in relation to them. The views and opinions expressed in this
publication do not necessarily reflect the views of JobStreet.com, the directors, officers
and employees. The content of this publication is copyright and may not be reproduced,
distributed or published in any form without permission from JobStreet.com.
expected in Second Half 2008, says JobStreet.com
Kuala Lumpur, 23 July 2008 – There are signs that the job market in many of the industrial
sectors in Malaysia is expected to tighten in the second half of this year. A survey conducted
by JobStreet.com earlier this month indicates that the overall job outlook confidence is
expected to decrease slightly from the first six months.
The major sectors most likely to be affected to some degree by the economic uncertainties
would be manufacturing, construction, finance, trade, hospitality and transportation, while the
computer and mining (oil and gas) industries are likely to be unaffected.
From a random selection of about
600 JobStreet.com clients from
various industries that were polled
in July 2008, 36 percent of them
said that they would employ more
people in the second half of this
year as compared to the same
period last year. About 34 per cent
said that the level of employing
new staff would remain more or
less the same, while 30 percent said
they would be hiring less people.
In contrast, a similar poll by
JobStreet.com at the beginning of
the year indicated that 55 percent of
companies were expecting to hire
more staff in the first half of the
year as compared to the first six
months of 2007.
The decline in the hiring rate of
new staff was also reflected in the
job outlook for the second half of
this year. About 42 percent of the
companies polled were of the
opinion that the employment
prospects for this period would be
worse than that of the same period
in 2007.
Only 30 percent of the respondents expressed confidence that the next six months of the year
would at least be slightly better that the second half of last year, while about 28 percent said
the job outlook would be unchanged.
Measured against the first half of
this year, about 43 percent of the
respondents said that the job
outlook would be worse.
However, 32 percent said the job
outlook would be unchanged for
the second half and about 25
percent thought that the job outlook
would still be positive enough for
companies.
JobStreet.com also polled the
companies on whether or not they
would adjust staff salaries in view
of increasing fuel prices.
While 52 percent of the companies
either said there would be no
adjustment in the mean time or it
was still too early for their
management to make any decision,
the other 48 percent indicated that
there would be an adjustment of at
least 5 percent to salaries.
The JobStreet.com Job Outlook
Survey for the Second half 2008
also polled employers about the job
skills and specializations they require in the new staff they would hire during this period.
Collectively for all industries, the top job specialization wanted was marketing and business
development. Specialization in sales and marketing climbed up two positions to displace
mechanical engineering which dropped to third position.
Other highly sought skills that companies are looking for include accounting, computer and IT
software, clerical and general administration, customer service, electrical engineering, human
resource and specialization in technical sales and marketing. (Refer to the table on Page 3)
Some comments by survey participants
Higher operational costs arising from the recent increase in fuel prices in Malaysia are main
concerns expressed by companies that participated in the JobStreet.com Job Outlook Survey for
the second half of 2008.
According to some of the responses received, employers are starting to look at leaner company
structures with more qualified candidates filling the job openings. Employers are exercising
more caution in hiring additional
manpower but at the same time,
they are becoming more efficient
with their existing headcount. “It’s
now the employer’s market,”
intoned one of the respondents.
Another respondent observed that
while the job market would be
affected by the economic
uncertainties, jobs were still there
to be filled. However, the more
pressing concern that employers
still face was the difficulty in
finding the right person for the job.
Despite the tightening job market,
many job seekers continue to be
very choosy in their wants and
were willing to be jobless until
they got what they wanted. “Our
job market has not reached the
desperation stage where job
seekers will turn to any job offered
to them and perform,” he said.
However, it should be noted that not all the industries share the same opinion of a tightening job
market. A respondent from the computer industry claimed that jobs in the IT industry was still
relatively plenty and could even continue to grow during this period.
Appendix 1: Job Outlook (major industries)
Appendix 2: Top 10 job specializations (major industries)
About JobStreet
JobStreet operates the JobStreet.com (www.jobstreet.com) online recruitment websites
presently covering the employment markets in Malaysia, Singapore, Philippines,
Indonesia, India and Bangladesh. The Group has also established a subsidiary in Japan and
invested in Recruit Group Limited in Hong Kong. The Group currently services over
50,000 corporate customers and over 5.0 million jobseekers throughout the region.
JobStreet is listed on the Main Board of the Bursa Malaysia Securities (Stock Code:
JOBST)
Disclaimer
This is a JobStreet.com publication. JobStreet.com assumes no responsibility or
representation for the accuracy or completeness of the information and shall not be liable
for any loss damage claim liability proceedings cost or expense arising directly or
indirectly from the contents of and/or any omission from the contents of this publication
and/or any communication in relation to them. The views and opinions expressed in this
publication do not necessarily reflect the views of JobStreet.com, the directors, officers
and employees. The content of this publication is copyright and may not be reproduced,
distributed or published in any form without permission from JobStreet.com.
Financial Idiot
Eddy is a fresh graduate who earns RM1800 per month. Right before graduation, he
bought a new Toyota Vios with minimum down payment. After paying the hire purchase
installment, he is left with RM1000 for all other expenses. He rented a room in Kuala
Lumpur that costs RM300 per month. Without proper budgeting, he pays for all other
expenses with his credit card whenever possible, such as petrol, fine dining, and some
other consumer spending.
Just within a few months, he had reached the maximum credit limit of his first credit card.
Not enough still, he applied more credit cards from other financial institutions. Another
six months down the road, he can no longer afford to pay the credit card minimum
payment. Finally, he lost everything. This is a typical story of a financial idiot.
Let’s look at the net worth chart of a financial idiot.
Net worth chart of a financial idiot
This chart shows an idiot digging a never ending debt hole. Until the day he is too broke
to even declare bankruptcy, he will be buried in the deep pile of debt shit. There is no
other way to help this guy unless he is willing to delay gratification, cut a lot of expenses,
and work hard to save!
Eddy is a fresh graduate who earns RM1800 per month. Right before graduation, he
bought a new Toyota Vios with minimum down payment. After paying the hire purchase
installment, he is left with RM1000 for all other expenses. He rented a room in Kuala
Lumpur that costs RM300 per month. Without proper budgeting, he pays for all other
expenses with his credit card whenever possible, such as petrol, fine dining, and some
other consumer spending.
Just within a few months, he had reached the maximum credit limit of his first credit card.
Not enough still, he applied more credit cards from other financial institutions. Another
six months down the road, he can no longer afford to pay the credit card minimum
payment. Finally, he lost everything. This is a typical story of a financial idiot.
Let’s look at the net worth chart of a financial idiot.
Net worth chart of a financial idiot
This chart shows an idiot digging a never ending debt hole. Until the day he is too broke
to even declare bankruptcy, he will be buried in the deep pile of debt shit. There is no
other way to help this guy unless he is willing to delay gratification, cut a lot of expenses,
and work hard to save!
something useful for all of us!
Tip #1: Be a Financial Genius
You don’t have to be a genius to be wealthy. Although high IQ definitely helps, it is more
important to have emotional intelligence in order to get rich.
I like to tell the story of the twin brothers, James and Jeremy. They graduated with the
same degree in engineering. They work for the same company. They earn the same
amount of money throughout their working life. But they have different mentality about
money.
James started saving RM1000 at age 18. The brothers’ income is measly RM10,000 a
year at that time. James decided to save 10% of his income. But Jeremy didn’t. Jeremy
thought that RM1000 saving a year is really hard for him.
10 years had passed by. James had never failed to set aside RM1000 every year for the
past 10 years. He invested the money and got an average return of 10% per annum. Both
the twin brothers were earning RM50,000 a year at age 28.
James thought he had saved enough. He stopped saving since age 28. But he still invests
what he had put aside before that. Ironically, at the moment he stopped saving, his
brother Jeremy started the commitment to save RM1000 a year. Jeremy was so
determined that he never stopped saving a thousand ringgit every year until he reaches
age 65.
The brothers invest in the same portfolio and reap a return of average 10% per annum.
Who do you think has more money at age 65? James only saved RM10,000 from age 18-
27. Jeremy saved RM38,000 from age 28-65. Without doing the compounded calculation
using Microsoft Excel, most people would have guessed that Jeremy would be richer.
But the fact is that at age 65, James has RM645,617 but Jeremy only has RM403,536.
James is richer than Jeremy by RM242,081! Both the brothers were doing quite well. The
moral of the story is about deferring your spending. The earlier you can do it, the better it
is. The earlier you can save, the less you need to sacrifice at later age.
When you receive your paycheck, there are only two major choices of what you can do
with the money. You either spend it now, or save it for future consumption. The question
is how long can you delay gratification? James only defers his spending for 10 years. But
Jeremy defers for 38 years and still failed to catch up with his brother.
Sometimes rational can’t lead you to save. It always involves emotional struggles. Do
you want that LCD TV now? Can you wait another three years to change your old car?
Would you buy that hi-tech hand phone now, or wait another year for an even more
advanced model, and perhaps cheaper? Only high EQ (emotional quotient) can ensure
your wealthy future.
You don’t have to be a genius to be wealthy. Although high IQ definitely helps, it is more
important to have emotional intelligence in order to get rich.
I like to tell the story of the twin brothers, James and Jeremy. They graduated with the
same degree in engineering. They work for the same company. They earn the same
amount of money throughout their working life. But they have different mentality about
money.
James started saving RM1000 at age 18. The brothers’ income is measly RM10,000 a
year at that time. James decided to save 10% of his income. But Jeremy didn’t. Jeremy
thought that RM1000 saving a year is really hard for him.
10 years had passed by. James had never failed to set aside RM1000 every year for the
past 10 years. He invested the money and got an average return of 10% per annum. Both
the twin brothers were earning RM50,000 a year at age 28.
James thought he had saved enough. He stopped saving since age 28. But he still invests
what he had put aside before that. Ironically, at the moment he stopped saving, his
brother Jeremy started the commitment to save RM1000 a year. Jeremy was so
determined that he never stopped saving a thousand ringgit every year until he reaches
age 65.
The brothers invest in the same portfolio and reap a return of average 10% per annum.
Who do you think has more money at age 65? James only saved RM10,000 from age 18-
27. Jeremy saved RM38,000 from age 28-65. Without doing the compounded calculation
using Microsoft Excel, most people would have guessed that Jeremy would be richer.
But the fact is that at age 65, James has RM645,617 but Jeremy only has RM403,536.
James is richer than Jeremy by RM242,081! Both the brothers were doing quite well. The
moral of the story is about deferring your spending. The earlier you can do it, the better it
is. The earlier you can save, the less you need to sacrifice at later age.
When you receive your paycheck, there are only two major choices of what you can do
with the money. You either spend it now, or save it for future consumption. The question
is how long can you delay gratification? James only defers his spending for 10 years. But
Jeremy defers for 38 years and still failed to catch up with his brother.
Sometimes rational can’t lead you to save. It always involves emotional struggles. Do
you want that LCD TV now? Can you wait another three years to change your old car?
Would you buy that hi-tech hand phone now, or wait another year for an even more
advanced model, and perhaps cheaper? Only high EQ (emotional quotient) can ensure
your wealthy future.
the sixers!
well,just as an intro..
they're one the friends that i trust the most here in sunway!
nothing muuch,just feel like posting it though..
we were celebrating wing's birthday on the 4th..guess the month!im not telling!
oh wing is the sexy guy with singlet in the middle..
anyone interested?im not selling him though,dun worry..
*wing must be thinking that im crazy or something*
the cake was bought by LENG ZHONG from ZEN (a bakery shop in pyramid) actually,he left it in my unit's fridge and guess what.. he left just like that without joining us.. anyway,just to show my appreciation towards him.. thanks buddy,u made our day!
perfecto!
in this picture from left to right :
kok,andrew,wing,chin fei,me and joshua (another cute small boy)
WARNING!!!
me ain't a gay! so guys,worry not! haha..
they're one the friends that i trust the most here in sunway!
nothing muuch,just feel like posting it though..
we were celebrating wing's birthday on the 4th..guess the month!im not telling!
oh wing is the sexy guy with singlet in the middle..
anyone interested?im not selling him though,dun worry..
*wing must be thinking that im crazy or something*
the cake was bought by LENG ZHONG from ZEN (a bakery shop in pyramid) actually,he left it in my unit's fridge and guess what.. he left just like that without joining us.. anyway,just to show my appreciation towards him.. thanks buddy,u made our day!
perfecto!
in this picture from left to right :
kok,andrew,wing,chin fei,me and joshua (another cute small boy)
WARNING!!!
me ain't a gay! so guys,worry not! haha..
RED DEVILS vs the HOTSPURS?
guess..who will win?
dun miss the game!
well,im on the united's side..sorry hotspurs fans..!!
the RED DEVILS ranked 3rd in the league currently..whereas the HOTSPURS are the 6th team from the last..
so u should know what it means.. but,dun underestimate any of them!
they got their talents too!
most of the DEVILS are injured.. key player like "RONNIE" is still having his treatments,though..
*really,what a pain*
after all,here it goes..
GLORY,GLORY MAN UTD!
follow the rhythm,boy!
Friday, December 12, 2008
for the special treat that comes onli once a year!
here i begin with :
briefly,lapar sedap!
haha..my,my im craving for it now..and it's all because of SAM who told me yesterday bout this prosperity burger thing!
one fine day,i shall go for it..
*just wait for me buddy,im coming after u*
here we go klang valley!
let's start with this..does this mean anything to you?
P! WiMAX,yeah that's what they called it..
the latest wireless technology for the whole klang valley
(covering quite a wide area of it)..
beyond braodband,say NO to cables!
that's the logo,anyway..
take a closer look to this..a modem worth RM999 be given if u subscribe for the package though..
*still nothing comes free*
portable and made easy for u to carry it anywhere..
now,take a look at this..just by a pendrive u plug it in and YES!u r connected..
faster connection and wider coverage..
if u dun believe me,click on this :
http://www.p1wimax.com.my/wimax/overview_ref.aspx
last but not least..the final preview!
TADA!
no offense,girls! i'm not implying anything..she's just a promoter..!
so for more information,here's the link :
http://www.p1wimax.com.my/
P! WiMAX,yeah that's what they called it..
the latest wireless technology for the whole klang valley
(covering quite a wide area of it)..
beyond braodband,say NO to cables!
that's the logo,anyway..
take a closer look to this..a modem worth RM999 be given if u subscribe for the package though..
*still nothing comes free*
portable and made easy for u to carry it anywhere..
now,take a look at this..just by a pendrive u plug it in and YES!u r connected..
faster connection and wider coverage..
if u dun believe me,click on this :
http://www.p1wimax.com.my/wimax/overview_ref.aspx
last but not least..the final preview!
TADA!
no offense,girls! i'm not implying anything..she's just a promoter..!
so for more information,here's the link :
http://www.p1wimax.com.my/
time to relax?
okay lemme show u some images of places to go?
well,im not working under some kind of travel agency or wat..
but i just felt like sharing with u the beauty of the beeeeeaches!
well,to all kuantanese (if tats wat they call),i guess u know pretty well this place aren't u?its the well known teluk chempedak located just 5 km away from the town..
its beautiful isn't it?
okay,for those outsiders,this is just a rough guide for u on how to get there..
next,would be the panching waterfall which is about 10miles away (if im not wrong in my estimation) from the busy town of kuantan.. ahh,so gud! imagine that u are standing just right below the waterfall absorbing all the qi's from the running water..
now,let's take a drive to ipoh.. weeee..
welcome to pangkor! savadikap!
oops wrong place at the wrong time!!
this is one of the many views of the wonderful sunset images,which u are about to experience in pangkor! u shall not miss one,and regret not by spending just few hours till the sun completely sets..
.jpg)
well,im not working under some kind of travel agency or wat..
but i just felt like sharing with u the beauty of the beeeeeaches!
well,to all kuantanese (if tats wat they call),i guess u know pretty well this place aren't u?its the well known teluk chempedak located just 5 km away from the town..
its beautiful isn't it?
okay,for those outsiders,this is just a rough guide for u on how to get there..
next,would be the panching waterfall which is about 10miles away (if im not wrong in my estimation) from the busy town of kuantan.. ahh,so gud! imagine that u are standing just right below the waterfall absorbing all the qi's from the running water..
now,let's take a drive to ipoh.. weeee..
welcome to pangkor! savadikap!
oops wrong place at the wrong time!!
this is one of the many views of the wonderful sunset images,which u are about to experience in pangkor! u shall not miss one,and regret not by spending just few hours till the sun completely sets..
.jpg)
list of movies,so its GSC's showtime!
ermm,i actually self declared my holidays a week before my last paper was about to commence..its the day after my law paper..which is on tuesday..
the "gang" i usually hang out with,enjoyed the movies real much..
these are some of them :
TWILIGHT
TRANSPORTER 3
WILD CHILD
BOLT
THE DAY THE EARTH STOOD STILL
BODY OF LIES
wah,so good it seems that i've watched all of them!
nah there are some criticisms to these though..
well,u figure it out urself..
im not gonna tell u which one is not nice..
feel like u r conned?dun come back to me pls!!!
the "gang" i usually hang out with,enjoyed the movies real much..
these are some of them :
TWILIGHT
TRANSPORTER 3
WILD CHILD
BOLT
THE DAY THE EARTH STOOD STILL
BODY OF LIES
wah,so good it seems that i've watched all of them!
nah there are some criticisms to these though..
well,u figure it out urself..
im not gonna tell u which one is not nice..
feel like u r conned?dun come back to me pls!!!
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