Saturday, January 14, 2012

Jobs - Does it matter?

I came across a story ran by a UK newspaper, The Telegraph about the future of jobs. According to the article, the Japanese government is looking to introduce robot in agriculture. Full story can be read on the following - http://www.telegraph.co.uk/technology/news/8996505/Japan-to-open-robot-farm-in-tsunami-disaster-zone.html

It make me wonder if we are inching any closer to a jobless society. Last year I wrote a similar story as a personal musing - http://brunei2035.blogspot.com/2011/09/personal-musing-do-jobs-matter.html. I guess soon enough we shall knew the answer.

Thursday, January 12, 2012

Text Books Dilema

Last year I suggested that our government should look into the idea of giving iPad to every students in the country, see - http://brunei2035.blogspot.com/2011/09/ipad-for-all-brunei-students.html

Now it seems that the justification for such an idea is more relevant and pressing than ever before. Year after year, the issue of text books shortage is always the same. This year the vendors' tried to justified themselves for the shortages. But to me, what ever the excuses are, a failure is still a failure.

http://www.bt.com.bn/news-national/2012/01/12/vendors-reasons-book-shortage

By giving an iPad to every students, the issue of non availability of text books can be easily overcome. Parents, students, teacher can always download the required materials. By having an e-text books, amendments can be easily incorporated., thus reducing unnecessary wastage as mentioned by the vendors. It also helps to reduce our students load and moreover give the students an awareness in conservation. Imagine all the trees that can be saved by adopting an e-text book.

In any case, if you think that an iPad seems to be excessive maybe we could buy from India a US$35 tablet computer.

http://www.sott.net/articles/show/212653-India-develops-35-dollar-tablet-computer-for-schools

With a total student population of 111,920 (BDKI 2011), total government spending on the Indian tablet shall comes to US$3,917,200 or B$4.5 million. Can the country afford it? YES!!!. Our country is not revenue constraint. We can create the required fund because Brunei is monetarily sovereign nation.

Tuesday, January 10, 2012

Government Spending

I wrote last year about the need of our government to spend on renewable energy. Today I saw in the Brunei Times newspaper an Aussie expert calling for the government to subsidize solar power in the sultanate. Interesting isn't it?

http://www.bt.com.bn/news-national/2012/01/10/aussie-expert-pushes-solar-power-subsidies

I wonder if the official in charge will heed to this expert's calling. Sincerely, we do not need some foreigners to tell us what to do. We have the knowledge, know-how and capability to put on our thinking cap. Alas, we believe more on consultants than our own initiatives.

Anyway, I honestly hope that we took the advice on board as we a monetarily sovereign nation has the mean, capacity, and resources to create our own money and invest into renewable energy initiatives. We do not need to wait for FDI nor oil and gas money. Brunei dollar is still good enough!

Monday, January 9, 2012

Update

I have thought very hard of leaving this blog. But I found very hard to do it. Thus, I shall continue to update blog while at the same time continue updating my malay blog. Hope to see you again soon.

Saturday, January 7, 2012

Moving Out

Dear All,

I am leaving this blog. I am moving to my new blog -

http://anakbrunei2035.blogspot.com/

The new blog will be in malay language. Hope to see you there.

Thursday, January 5, 2012

Brunei CPI

Today I managed to read a report published by the Department of Economic Planning and Development (DEPD) on our country consumer price index (CPI) - http://www.depd.gov.bn/cpi/2011/CPI_112011.pdf. It stated that up to the month of November 2011, our country's CPI had increased by 2 percent. One area that I particularly interested the most is the Food and Non-alcoholic beverages (F&NB).

According to the report, CPI for F&NB had increased to 1.5 percent. To some people that increment might sound insignificant. However, if we look the figures since 2005, F&NB had increased by 14.1 percent!!. That's right folks, our food had increased quite significantly. Is there anything we can do about it?

Well, not much really. According to FAO, world food prices shall remain high for awhile even though the food index dipped to 231.1 points in August (In 2009, the food index was below 130 points). Further reading can be found on the following - http://www.bt.com.bn/business-world/2011/09/09/food-prices-remain-high-says-fao

So folks, it's look like that nasi katok will be on the menu for awhile. On the same token, I am wondering if those nasi katok sellers can maintain their B$1 price....hmmmm...

Sunday, January 1, 2012

Happy New Year 2012

To all my readers, I wish you a happy new year 2012. Hopefully that people are more sensible in their macroeconomic thinking in the 2012. Best of luck to all. Cheers!