Fuel consumption of Tesla model 3 in Malaysia (if it used gas)

It is outright mind boggling how complicated people make it out there on how to compare fuel efficiency of electrical vehicles (EV) to petrol cars.

I'll attempt to calculate the costs of owning a Tesla Model 3 electric vehicle (EV) in Malaysia as simple as possible.  Correct me if I'm wrong.

The Tesla model 3 has a 75KwH battery and a range of about 500 km.  Tenaga charges 38.2 sen per KwH.  

75KwH *38.2 sen = RM28 for 500 km of range.  

However as I understand, the Tesla model 3 charges at 80% efficiency, so we need 93 kwH of power to charge the 75 KwH battery of the Tesla. The new price for a full charge is:

 93 KwH * 38.2 sen = RM 35 to get 500 km of range.

What is this in cost per 100km?

Roughly about RM7 to get 100 km of range in Malaysia.

At RM 2.20 per litre of petrol, the equivalent fuel effeciency of a Tesla Model 3 EV is 3.18 L/100 kM.

If you drive a Toyota Prius Hybrid, you would get about 4.5-5L/100 km.  A Vios 1.6L gets about 7.5 L/100 km.

Roughly, you would save 50 percent on your petrol bill if you were driving a Tesla vs a Toyota Vios.

If you were driving a Honda Accord or BMW which likely got 10 L/100km, you would be saving 70 percent off your petrol bill.

Is it worth it?

Yes in most cases, but the argument becomes tougher vs a hybrid car.  Petrol cars have their  unique advantage in that they do not need to be charged.  If you ask me, a hybrid car may be the way of the future.  The ability to run on petrol is really a luxury as there is no need to wait to charge your car.

The costs are about 23% more expensive  than a pure Electric car.  But at 15000 KM per year, equates to RM31 per month extra paid.

I think about a phone when I think about things I have to charge.  When a phone runs out of battery, I can still bring it around with me until I find a place to charge.  When a car runs out of battery, I won't be able to bring that thing around.

I think it is worth that RM31 per month for that peace of mind a hybrid car brings vs a full electric car.

Dr. M says to protect ourselves against the Chinese again! I dont get it.

Dr. M has been under fire for his anti-China stance in the press lately.  I believe he wanted to defend his position by going to his tried and true method:  pandering to protectionist ideas.

He says these Chinese that are coming to Malaysia are smart and will take over the country.  If we let all 3 million of them in, we'll straight out lose.  But towards the end, he goes and talks about we need "time" to compete.  Does this mean, after this period of "time" we let all 3 million of them come in, we will win?  Doesn't make sense to me.

"Time" is such a vague statement.  We needed "time" as the justification for the original NEP.   To this day, the NEP is still in place.  It's been how many years, 40 years?  How much time to protect Malaysia from competing with Chinese from China?  100 years?  We might as well never be able to compete.  Then we might as well just bow down and fold to Chinese competition. 

It's normal for Dr. M to be abnormal? *facepalm*

From the star:

THE opinion is divided on whether Prime Minister Tun Dr Mahathir Mohamad’s visit to China has brought more harm than good for Malaysia.

The proponents of the Prime Minister will lay out the points to support their argument that what Dr Mahathir did was only for the good of the country. It is a reform of the kind of investments that Malaysia should welcome.

The critics, however, flayed the 93-year-old Prime Minister, pointing out that the demeanour and choice of words at the press conference between Dr Mahathir and China’s Prime Minister Li Keqiang indicated that the second-largest economy in the world was not pleased with Malaysia

Not sure, but maybe the star newspaper is a bit slow these days. The Star needs to find some direction as they are flip flopping between pandering to the political leadership and realising...hey most people see that Dr. M did lousy in China.  Let's report on that!  We are the newspaper for the rakyat!  Old news is slow news.  Need to be faster!

I already mentioned that Dr. M is a lousy foreign diplomat.  Basically they are trying to criticise him in a happy tone.  I think it's a disguised shot at Dr. M.  Baby steps I suppose for a historically pro government newspaper.

Changing Malaysia governments, not for the weak heart. 4 reasons.

Changing government in Malaysia had to be done.  There is no doubt.  It is a question of short term pain for long term gain. 

The root of all evil is generally corruption in this day of age.  Already corruption is being dealt with by virtue that the most corrupt party in Malaysia's history is out. 

Unfortunately, these will be trying times for Malaysia. 

1.  Pakatan Harapan is not the savior for Malaysia.  Not at the moment.

Unfortunately a lot of people will end up dissapointed that PH government may not have a good reign.  So far I've not seen much from PH that indicates a competent government.

Right now they are busy cleaning all of BN's skeletons in the closet.  But there will come a time where people need to look at as a government, are they performing.  So far, i've not seen anything that leads me to believe that they possess the true inner character to lead a nation into the future.

2. PM Mahathir clings to ideas that have "worked" for him in the past...In his view

I think it is very naive to think we will get a different and smarter Dr. M the second time around.  I think we just pray that he doesn't do too much damage to Malaysia as he is a bit older. 

At least now we have a more outspoken PH that will somehow check Dr. M and his not well thought out ambitions for the country.  It used to be in BN, no one would counter check Dr. M.

3.  PM Mahathir has too many goals in his short tenure

I'm surprised that DR. M wants to do so much.  If you ask me, he lacks long term thinking.  He falls into the problem of the leader that thinks he will be around forever.  He won't be.

Sometimes this happens to very smart people.  Smart people think they can do everything, but lack the vision of what he wants to accomplish for generations.  PM Mahathir needs to set in motion checks and balances. 

If he wants to have a lasting impact for generations, he needs to focus on legislation reforms and how best to position Malaysia so a 1MDB never happens again.

If this task is too big, he should probably step down.  PH has only 5 years to which to prove they are worthy of another victory at the polls.  IF Dr. M is in power for 2 years that means only 3 years for the next PM to prove his worth.

I used to think that Dr. M's goal for running in the opposition is to realise he has horrible judgement of successors and Dr. M wanted to put things right in a new system that protects Malaysia from these psychos.  Unfortunately that goal is not evident.  I guess when you are 90, all you can think about is being old and bitter and not what you did wrong.

4.  We need to remind PH don't fall into the Dr. M trap

I think that PH is kind of falling into the trap of don't question Dr. M.  I respect the PKR rep Rafizi for speaking his mind even if he can be a dumbass.  He at times, voices his opinions and objections to party politics quite randomly.  I sometimes too question what he is thinking when he objects to certain things publicly.  Does he just want to make noise?

However, he at least sees that Dr. M isn't what PH needs long term.

Don't follow DR. M.  He is not the gold standard.  He's the old standard.  He's smart, he's capable, but he's not your cup of tea. 

Mahathir's China diplomatic disaster. Just wasting time there!

From Malaysiakini:

Mahathir then had a joint press conference with Premier Li Keqiang and at the end when Mahathir said rich countries should not colonise others, Li said nothing and the session abruptly ended with him shaking hands with Mahathir with a forced smile. Then he frowned and walked off the stage. Not a word of thanks.

Then the next morning, Mahathir announced the cancellation of the ECRL project, a part of China's prized One Belt One Road initiative, as well as the two pipeline projects.

There is a lot of information to digest here.

I guess it is telling Dr. M is no butterfly in international politics. This is a first class opinion on what seems to be going on.  Very factual.  A few days later a rebuttal by so called "diplomats" seem to be downplaying the issue.  But anyone reading the counter argument is probably shaking their head as the articles fail to disprove any of the facts by the original author.

So Dr. M is officially on the hot seat politically as well.  But this is nothing new as we all know that Dr. M is horrible in international politics.  He did basically tell Beijing that they should not colonise others.

Nothing new here, though I think this trip was a waste of time.  He's no political butterfly and I don't think he achieved his goal to "smooth over ties".  If you suck at this kind of thing, don't bother doing it.  It wastes your precious time as prime minister and makes things worse internationally.  Just stick to the script:  Say Malaysia has no money, and be done with it.

I'm not one to say, but I think this was a simple task to do, and even our PM can screw it up.  Can this PM achieve any goals for Malaysia, Still looking and waiting for the first economic goal that I can say without a doubt: A plus one for Malaysia!  Harapan shows some moves for excellent policy!

I hope I really don't have to wait too long.

Our very astounding and awesome PM finally is feeling the economic heat.

From the star: 

BANK Negara has lowered Malaysia’s economic growth forecast for 2018 to 5% from its earlier estimate of 5.5%-6%. For those in the loop, the move is largely unsurprising.

After all, the country’s economy has expanded below the 5.5%-level over the last two consecutive quarters. In fact, Malaysia’s gross domestic product (GDP) growth has been decelerating since the third quarter of 2017, when the economy grew by 6.2% year-on-year (y-o-y).

The softer growth, given the fall in government development expenditure in the second quarter and the lacklustre performance of liquefied natural gas (LNG) and crude palm oil, meant that the earlier estimates could not be met. Furthermore, global purchasing manager indices and export volumes have been moderating.

Recently, the news in Malaysia on the economic front has been quite horrendous.  From blaming the China -US trade spat, to the poor GDP, to the Ringgit hitting a new low against the USD.  Now I think it is disingenuous NOT to point to our PM. 

Basically our news media is questioning everything but our esteemed Prime Minister and his band of merry men.

I'm just going to quote some facts. 

1. Our ex-PM, the very corrupt Najib, had projects lined up that cost a bomb and were way too expensive and were costing Malaysia tons of money, but I think those projects achieved economic goals for the country.

2. Our current PM, the magnanimous Dr. M. cancelled everyone of those projects, and we will likely never see them again, having been tied to the previous administration.  Our PM's current initiative is to make another national car. 

Now I think is telling that the Ringgit was strong at the height of Najib's power, while the ringgit now is at its worst point in years, during Dr. M's reign.  How can the ringgit be so strong at the time of Najib versus its weakest point now only 3 months into the tenure of our current PM?  Economics performance doesn't take sides, it doesn't care who you are, but can you perform?

PM Mahathir doesn't understand good economics plain and simple.  And it matters. It matter so much that despite the billions of Ringgit plundered from Najib, he was growing the country.  The markets couldn't be damned his about his birkin bag fetishes.  He knew how to achieve things for Malaysia.  The markets basically didn't care what the did on the side. 

PM Mahathir is a great man and well respected but unfortunately is a loser as an economic performer.

PM Mahathir needs to step down and let the next PM take the reigns.  Economics matter, and PM Mahathir, I contend never understood how to achieve economic goals during his time as PM and still doesn't  understand till this day. 

If the ringgit was performing better, then I would not be so hard on Dr. M.  But economic performance matters the most and these 3 months have exposed Dr. M's weakness.

If a corrupt ex-PM Najib can outperform our most storied PM in Malaysian history, Mahathir.  It speaks volumes to how important economic policy and direction is.  It's number one in my book and should be for anybody trying to make a living in Malaysia. 

Anwar could be looking to fast track his movement to PM

From the Borneo post:

KUALA LUMPUR: Datuk Seri Anwar Ibrahim yesterday offered himself as a candidate for the post of PKR president at the next party elections, due later this year.

The PKR de facto leader said he made the decision after discussions with PKR president Datuk Seri Dr Wan Azizah Wan Ismail, deputy president Datuk Seri Mohamed Azmin Ali and other leaders as well as after taking into account the views and requirements for the continuity of the party.

Anwar made the announcement in posts uploaded onto his Facebook and Twitter accounts, saying that should he secure the mandate of the party grassroots nationwide, he would lead the party as the president after the PKR National Congress in November 2018.

Perhaps it is a formality, but his supposed 2 year holiday from politics might be cut short and Anwar might be pushed to looking to contest the premiership earlier than expected.

The current PM Mahathir has done an average job.  The stock market doesn't seem to think much of his policies as we are now languishing down 200 points on the KLCI from the high of 1895 during the election. 

People seem to be poo-pooing the decline as due to the austerity measures from the current finance minister and not his leadership, but I believe it is due to poor direction and decisions of what he intends to do in power. 

The biggest example that comes to my mind is the production of another national car which most Malaysians don't like.  Like I said earlier, I believe that another national car company is in the PM's interest because of his belief in control over the ringgit exchange rate: for every foreign auto that Malaysians buy, the PM controls less of the ringgit.

But I think most people don't agree with that viewpoint.

Perhaps some influential people are making aware they don't like the way things are going with the current government to Anwar?

5 reasons why I never drank one Tealive drink to this day

From the sun daily

KUALA LUMPUR: Tealive owner Loob Holding Sdn Bhd will file an application for a stay and for leave to appeal to the Federal Court after the Court of Appeal granted an injunction by Chatime franchisor La Kaffa International Co Ltd against Tealive from continuing its operations.

La Kaffa had filed the appeal after the High Court dismissed its injunction bid in May 2017 against former franchise holder Loob from carrying a similar business as Chatime.

As we all know Tealive is a bit of a joke today after the high court of Malaysia ruled they can't do business.

1.  It's a dodgy business practitioner

I actually can't believe how most Malaysians had agreed it was alright for TeaLive to basically "steal" all the ChaTime franchises and how courts were manipulated to agree with TeaLive that it was alright to break contract with the master franchisor.

2.  I've always enjoyed ChaTime drinks to this day

The way a franchise works is that customers are generally loyal to the original franchisor.  They have great products and sorry, I'd rather find a ChaTime any day over TeaLive.

3.  The media spin

I think that the majority of Malaysians are educated and judge with their wallets and not with their voice.  The media here made it so TeaLive was the victim and not doing dodgy business practices.  Now all these media newspapers should be put to shame because most Malaysians are educated and can spell a rat.

Check out the lowyat forums for people's true opinion of TeaLive.

I am just guessing it was likely the mentality of worshipping young successful entrepreneurs without question and the obscene amount of cash TeaLive was spending on marketing which led the media to paint TeaLive as a legitimate Malaysian business being exploited by a foreign entity.

4.  It's not the taste, it's the principles

In all fairness I could have given TeaLive a try, but for me, businesses that are dodgy from the getgo don't deserve my hard earned money.

5.  The owner

No doubt Bryan Loob is a famous entrepreneur in Malaysia.  But he never struck me as a very honest guy with principles.  Sometimes you just got to look at the owner and what he stands for as a basic litmus test for business.

3 unexpected reasons Malaysia online shopping will flourish!

Just a little backstory of what has formed the premise for this post, I've just gotten back from a long trip in Australia and it is fascinating to see the differences between economies.  Traveling in Australia has been a fantastic experience and something I probably would have never done on my own accord and owe it to my other half.

Anyways, lets get on with the reasons:

1.  Malaysia has a workforce where many parents both work while raising a child

So, what does having both parents working have to do with online shopping?  When both parents work, little time is spent doing other endeavors, such as going to shopping malls.  But alas people will argue, look at Malaysian shopping malls!  They are world class, always full on the weekends, surely you (me) are wrong!

I don't think I am, and here is why.  If you ever go to the shopping mall on weekdays, it is generally empty.  In Australia, the opposite is true, weekdays, in most shopping centres, you can barely find parking.  But who might you ask is filling up Australian shopping centres?  That's right it is the non-working spouse with their kids.  

Something I noticed, with Australia's high minimum wage structure and ultra expensive child care, one parent usually does not work.  The economics simply don't justify it for the most part.  Childcare in Australia is 2800 AUD per month per kid.  Even with government subsidies at 1500 AUD, it seems not worth it for a lot of families, especially with two kids.

The opposite is true for Malaysia.  Here, child care is much cheaper, from daycare to having maids at home to watch over the kids.  With two parents able to earn so much more, it is a no brainer for both parents to work.  

Therein lies the disadvantage for shopping malls, two working parents is not good for shopping malls which only see massive traffic on weekends and holidays.  So this unusual demographic culture helps put the big competitors of online shopping at bay.  

2. Time  

If you ever go to a shopping mall, it is actually a fairly taxing trip, mentally, physically, eats up your day.  30 minutes spent finding parking, walking to the store you want to buy items, paying, carrying the shopping items, etc.   Yes, eventually people will be put off by the time spent walking up and down the escalators, compared to online browsing over at shoppee or lazada.

3.  Strong earning power of households with two parents

Households with two streams of incomes earn a fair amount of money and while much of it is likely saved or used to pay off necessities of life items, some of it does leak out to other activities.  A two income household lacks time.  Families generally don't want to be hassled when it comes to spending their hard earned time to go shop around for products.  

To people like these, money spent is about how much time it saves, and the quality of items produced.  If quality can be guaranteed, then it solves a lot of issues for time-strapped dual income families.  Online shopping as we know does save time, we just need some kind of quality guarantee.  To some extent, brands do offer some kind of quality assurance, but sometimes its not enough.

Nonetheless, the time saved is great when going online compared to going out.  The earning power of a dual income household trend in Malaysia bodes well for online shopping. 

Does a leopard change its spots? Dr. M wants to build another National car company!

From the star:

Malaysians have had a mixed reaction to Tun Dr Mahathir Mohamad’s announcement that the Government intends to launch a new national car company.

Speaking during a dialogue at the 24th Nikkei Conference on the Future of Asia on Monday, the Prime Minister said the new Government is thinking of starting another national car, perhaps with an Asian country such as Thailand, South Korea or Japan as a partner.

This did not go down well with everyone, with some urging for more focus on public transport.

Within minutes of the news, SK Teo created a petition titled “We should not have a national car at this point in time”, earning only five signatures out of its 100-person goal within an hour.

It's actually ludicrous to talk about ANOTHER national car project.  I mentioned before that well, Dr. M has his own ideas when it comes to economics and a country.  He thinks we should build massive things like Putrajaya.  He thinks we should build national car companies.

Maybe he has changed politically, but economically, he's sounding more and more like the old Dr. M.  And it's just more evidence that he hasn't changed and investors should be afraid. 

 

Why Dr. M believes in a national car company (in my opinion)

I've always wondered why Dr. M loves national car companies.   I mentioned that Dr. M is a numbers type of person in a previous blog on the HSR.  This means, if a project has no profit, it is a no go.  His types of projects are a very calculated movement. 

What does a National car company do for the country?  I believe his goal is hopefully for a national car company to be self-sustaining, it doesn't need to be super profitable. 

If we look at it from a foreign exchange standpoint, it achieves some goals on a purely numbers basis.  The average household spends large amounts of money in a couple of categories.  One is housing, while the next largest is autos, and another one is utilities (electricity, petrol).  Only one of these categories sees a massive negative trade balance with foreign entities, autos. 

So, if a national automaker were to be moderately successful, then Dr. M would achieve his goals of a having a more balanced trade deficit, meaning less dependence on foreign entities, and thus a stronger ringgit.  It's a very calculated idea in theory, but can it work? 

I don't really agree it can, because the products of a mediocre national car company is not what people want.  People want top quality cars at the best price, not a moderate quality national car at a bad price.  I don't think many people's goals are to have another national car company.  They want things like faster travel time, better public facilities, safer environments, better education. 

Hopefully Dr. M can have a change of heart.  They want freedom to buy what they want without being overpriced.  Right now, people are paying out the nose for better foreign cars.  And at this price point, they STILL would rather pay that ridiculous price than be forced to buy the national car.  People's wallets have spoken!

Astro considered being taken Private? Ananda Krishnan's third fail?

From the star:

 

KUALA LUMPUR: Billionaire T Ananda Krishnan (pic) is weighing the possibility of taking Astro Malaysia Holdings

 Bhd private after shares of the pay-TV operator dropped to a record low, people familiar with the matter said.

The tycoon has revived deliberations about a buyout of Kuala Lumpur-based Astro, according to the people, who asked not to be identified because the information is private.

Krishnan has been speaking to potential advisers about funding options and is reaching out to some major investors to gauge their interest, the people said.

Recently, Ananda Krishnan had made headlines for its failure in the India market for the bankruptcy of Aircel.  Before that, we have another almost failure of Bumi Armada where he was looking to get out as oil prices fell back to earth.

He should just realize that perhaps when the tough gets going, he should get running.  Astro's prospects are getting bleaker with online streaming services like Netflix and streaming from android and apple boxes.

The newer generation of kids are learning to cut these big television behemoths out of the picture.  So Astro's grip on the population does get weaker with every passing year.

Will they continue to pay ridiculous prices for EPL games and the like?  Sports for now are still Astro's only saving grace. 

 

Pakatan Harapan's Debt blunder

From Malaysia Kini:

The implementation of an RM100 monthly public transit pass would have "huge" financial implications for the federal government, said Transport Minister Anthony Loke.

BN Youth leader Khairy Jamaluddin believes that the Pakatan Harapan administration may have exaggerated the national debt situation to buy time for the implementation of its election promises.

Pakatan Harapan has been using the "National Debt is bigger than expected" as a reason not to implement some of their campaign promises. 

I tend not to agree with their logic.  Looking for a reason not to implement policies is a bit of stupidity.  Blaming others is never the right way.  They should have some degree of knowledge how big the debt is or not make so many promises they cannot implement.  It is common knowledge every country's debt is larger than what is stated on "official records."  I don't think it should be a surprise for most competent parties that they have an idea what the debt is before they come into power.

I tend to agree with Khairy that Pakatan is using this debt media blitz as a way to not implement some of their promises.

I believe Pakatan Harapan should just take their lumps and not blame others.   But nonetheless, most people already know they are a new party and will take some time to adjust to governance.  Just don't make it worse by making a show of it.

Mahathir at it again

From the Star:

The amount of money spent to build the Kuala Lumpur-Singapore High Speed Rail (HSR) project does not justify the number of jobs it could generate, said Prime Minister Tun Dr Mahathir Mohamad.

“If you are going to spend RM60bil to RM100bil so that thousands of people can work, that's not very efficient,” he said to reporters after hosting Ramadan break-of-fast event at Putrajaya International Convention Centre (PICC).

Again, the PM Mahathir doesn't seem to get it.  He looks at construction and the jobs it creates.  Instead, I would suggest to think about construction and what it does for the country.

For a backstory into the PM, lets look at his crowning glory, Putrajaya.  At that time, Malaysia was under increasing international pressure for an IMF bailout.  Backed into a corner, he instituted capital controls.  Also, many media outlets credit the construction of Putrajaya as what has brought Malaysia out of recession for the many jobs it created.  Dr. M should be pleased.

However, all these items are debateable whether this is what has saved Malaysia in the past.  But lets look at what Putrajaya does.  It's a whole bunch of buildings, pretty much in the middle of nowhere.  Outside of government hours, it's a dead city.  To me, it does nothing for Malaysia.

Now what does the HSR do for the country.  Why do we need this?  well, we don't.  Nothing is needed per say.  But what does it do? It gives an almost direct connection between the heart of KL and Singapore. 

The only other method is through flying, but unfortunately, one has to endure 1 hour of traffic minimum to the airport, two hours of waiting for the flight, expensive cab fares, landing, deplaning,  waiting for baggage, delays, etc. 

Hopefully the cost can be negotiated down, but the cost when I first heard about it was 10-20 billion ringgit.  Don't be so hasty to say no Dr. M. 

Interesting times to be a blogger

After a hiatus off a few years where not much seemed to be happening in the Malaysian markets.  We have a new government.  Lots to talk about.

1.  Pakatan Harapan has won the government

So how Pakatan Harapan won is such an interesting topic.  Malaysia doesn't have any reliable polling methods, so I don't think it is surprising to most people in Malaysia and people that are objective that the opposition could potentially win.

However, the media and BN has painted a picture where the the opposition had little chance and rightfully so due to sneaky tactics by the national ruling party.  This goes to show, that short of martial law, even a ruling party in a democratic nation can still lose as people eventually will vote. 

2.  What does this mean for Malaysia

At first the new government didn't seem like it would do a lot at this juncture in time.  But a few weeks have went by and the stock market is growing cautious at whether the new government will be competent enough to lead Malaysia towards higher growth.

Mahathir is hit and miss sometimes when it comes to the economy.

From Bloomberg:

Malaysia’s Prime Minister Mahathir Mohamad said he will cancel a proposed multibillion-dollar high-speed railway link to Singapore, scrapping a signature project of his predecessor Najib Razak in what he called a move to cut costs.

The article goes on to give the reason that the country will not make financial profit from this project.  Many projects don't make a "profit" that doesn't mean they don't do things for the country. 

The MRT is definitely not profitable nor is for many countries in the world, yet it saves massive amounts of time for people and helps cities to thrive. 

HSR is a means to an end.  a successful venture with Singapore and who knows, the causeway Mahathir has been so adamant about expanding with Singapore might get accomplished. 

Another issue which Mahathir in my view has not been very tactful:

From the South China Morning Post:

Should Mahathir Mohamad’s Malaysia election win worry Chinese investors in Johor’s Forest City?

Statements seem to indicate that he doesn't seem to understand nation building as he should.  The Chinese migration has brought an economic boom to countries like Canada and Australia over the last decade.  What is Malaysia giving up for this kind of money?  some land in Iskandar Johor that no one north of Johor really cares about. 

Like it or not, the country can not do without the revenue stream China brings.  Look at the almost 1 trillion dollar in debt Malaysia has.

Mahathir and Pakatan needs to let things fall where they may and do what they were elected to do, clean up the government, modernize archaic policies such as the bumiputera NEP  and leave in place government checks and balances so another 1MDB scandal never happens again.

World wide futures trading hours

Generally the active future trading hours are hard to find, but I've condensed the active trading hours into a simple list with the length of each trading session.

Asia:

Hong Kong Index futures:  9:15 am - 12:00 PM, 1:00 PM - 4:15 pm SGT (6 hours)
Nikkei:  8:45 am - 3:15 pm (7:45 am - 2:15 pm SGT) (6.5 hours)
KOSPI:  8:00 am - 2:00 pm SGT  (6 hours)
Taiwan:  8:45 am - 1:45 pm SGT (5 hours)
Singapore:  8:30 am - 5:00 pm SGT (8.5 hours)
FKLI Malaysia:  8:45 am - 5:15 pm SGT (8.5 hours)
FCPO M'sia:  10:30 am - 12:30 pm, 3:00 pm - 6:00 pm SGT (5 hours)

European:

Ftse 100 futures:  9:00 am - 5:30 pm (3 pm - 11:30 pm SGT) (8.5 hours)
DAX Index Futures:  9:00 am - 5:30 pm  (3 pm - 11:30 pm SGT) (8.5 hours)
German Bund  Futures: 8:00 am - 6:00pm (2:00 pm - 12:00 am SGT) (10 hours)

US: (US eastern time zone)

S&P500 mini:  9:30 am - 4:15 pm (6.75 hours)
Crude oil:  9am - 2:30 PM (5.5 hours)
Gold:  8:20 am - 1:30 PM (5.2 hours)
Agricultural corn, soybean, wheat:  9:30 AM  - 1:15 pm (3.75 hours)