Meshio.com - a Malaysia personal finance blog - Latest Comments in Wan Tan Mee

Re: Wan Tan Mee

outoftrack — Tue, 30 Sep 2008 00:19:11 -0000

IDD calls in HK are MUCH cheaper now than 10yrs ago thats for sure! With many competitors coming in and all. It was HK$2 to call to Msia but now i can get easily Hk$.2 or lower periodically.

Good to read this wan-ton-mee-MY-index. Im still catching up with my Big Mac Index to try to follow the world trend :))

Re: Wan Tan Mee

yowchuan — Mon, 29 Sep 2008 03:39:57 -0000

Eugene bro, that's an insane price tag... I wonder if you can actually make a police report, classify it under robbery!

Re: Wan Tan Mee

eugene — Mon, 29 Sep 2008 01:03:44 -0000

Came across one kopitiam in Penang, one Ise Kosong selling at 70 cents, this is no inflation , but explosion....

Re: Wan Tan Mee

jacques — Sat, 27 Sep 2008 05:59:18 -0000

I don't know whether laptops, internet and calling rates are cheaper in Malaysian than in China or Hk. What I'm sure of is that they are much cheaper than 10 years ago ;-)

Re: Wan Tan Mee

mtsen.com — Sat, 27 Sep 2008 02:43:57 -0000

although I agree with you ... err .... but wan ton mee is not halal woh .... so not part of the infation index .. kee kee kee ....

Jac, r u sure laptops, internet and calling rates are cheaper than china, australia and hong kong ? :p

Re: Wan Tan Mee

jacques — Fri, 26 Sep 2008 21:22:39 -0000

To put your calculation in perspective
With an annualised inflation of 8.5% over the past 15 years, your RM1 Wan Tan Mee would now cost RM3.13
Unfortunately, the power of compounding also work for inflation...

I agree with you that inflation in Malaysia is badly calculated. And it most certainly is a two figure one. But calculating inflation is a very hard and imperfect process. For a higher priced bowl of Wan Tan Mee, we enjoy much cheaper laptops, internet, calling rates etc.

The problem here is that BNM is not free enough. Too much political interference.