Sunday, December 21, 2008

Tough...Tough



Next 2 years, from 2009 are going to be tough for business. The world is going on a recession. So are we. Many people especially those in the private sector are going to lose their jobs. It is difficult to reduce the jobs at the public sector.

What do we do if the prices of oil palm and palm oil do not improve? The industry will be affected so are other sectors like the realty sector. Oil palm planters were the buyers of shops and offices. What happens now? Would they be able to pay their loans? Or are we going to face sub-prime problem when people are unable to pay their loans? Let us wait and see what the Ox year can do for us.

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