Surviving Through This Economic Downturn
5th-6th August 2009, Legend Hotel Kuala Lumpur
Dear friend,
The subprime mortgage woes in USA had no doubt caused unnecessary headaches to the American people. Firstly, there was insufficient money to lend, and followed by banks refusing to lend to each other. As most Asian economies are closely link to the American's, Malaysia also feels these turbulences. Companies began to make losses, workers were retrenched, banking facilities gradually turn into non-performing, export trades defaulting and value of money felled. Then our government announced two stimulus packages of $7b and $60b on different times hoping to resolve this recession. Are these aids sufficient enough to help your business?
Then, very recently, especially just after the stress tests on banks in America were done, the stock market bounced back. There were mild signs that the rate of economic contraction is slowing in USA, China and some countries. Investors began to talk of positive recovery, and for a week or two everyone started to smile.
In May, Bank Negara Malaysia will lower the country's 2009 economic forecast amid a worse-than-expected slump in export. "We will be revising our numbers as well. Right now the assessment is that there will be an improvement..., especially in the fourth quarter." Zeti said. She did not say how much the 2009 economic forecast would be changed. But, Nouriel Roubini said that this global recession will continue for a longer period than the consensus suggests, and the economic recovery everywhere will take longer than expected.
The next day, BNM announced a contraction of 6.2% GDP growth
Are you, as a businessman or manager or staff, now prepared for a short or a long journey to recovery?
What is this workshop about?
This workshop is designed to assist you to stay afloat during this turbulent time. After completing the course, you will be able to listen to yourself by studying the causes and impacts of the global financial crisis affecting most businesses, and therefore plan ahead of the others, who are still dreaming and praying for better days to come, to lay down a new set of ground rules to do business in these troubling days before you can reap what's you had sowed.
The 5 Important Lessons you will learn during this 2-Day workshop
Lesson 1: It took a long while for our politicians to accept that recession finally reaches the shore of Malaysia
- What are the impacts of recession?
- Malaysia unlikely to enter recession
- Overcoming financial crisis - our way
- Impact Of Recession On Businesses
- Falling Stocks and Slumping Dividends
- Are they the same as the crash of 1929?
Lesson 2: Then determine the causes and impacts of the Global Credit Crisis originating from USA spreading to Europe that now affect Malaysia
- What is a financial crisis?
- Trace the history of the stock markets in USA
- What is systemic risk?
- Is the credit crunch finally over?
- Case Study: Do A Burnt-Out Self Test
- A quick guide to the origins of the global financial crisis
- Path to the Crisis
- Real estate looks attractive
- Investment banks and assets-backed securities
- Collaterised debt joins the fray
- Subprime 2/28 & 3/27 ARMs
- Cracks begins to appear
- Case Situation 1
Lesson 3: See how well has our economy been regulated in the past that can now shield us from this contagious financial disease. Are we safe, then?
- How resilient is our Malaysian economy?
- Sufficient liquidity in our system
- Has Asia really decoupled?
- How does it fare in Malaysia?
- Are we heading towards Inflation or Recession?
- Can we use the experiences learnt from the Asian Crisis of 1997?
- Will Aggressive Monetary and Fiscal Measures Prevent Stag-deflation in 2009?
- Case Situation 2
Lesson 4: No matter how insulated you are, this financial crisis knows no bounds and will change how you do your business, either be lean and fit or die quickly
- Can we recover from this recession?
- What Jimmy Rogers said?
- What our Deputy Prime Minister & others said?
- Malaysian equities to see recovery in Q4
- Bankers expect stock market to recover in Q4
- Can we detect the different stages of the Business Cycle?
- Case Situation 3
- Stages of the business cycle
- How to overcome the impacts of the different stages of the Cycle?
- How do banks react to each stage of the Cycle?
- Be ready for inflation
- Effect of inflation on P & L
- Can we detect the financial troubles of the ailing businesses and banks?
- How to parry these sickening financial symptoms in a business?
Lesson 5: Look at some ways on how to mitigate these impacts on your business in the next 12 months
- Challenges of this global credit crisis
- Crisis leadership & its best practices
- Skills of project management & team
- Relevant project management tool kit
- Stop bleeding cash of business
- Transparency is ASSURANCE
- Sarbanes-Oxley Act on corporate governance
- Cooking the books
- Companies to avoid doing businesses
Why should you attend this workshop?
You will learn the 7 essentials skills that will enable you to sail through this financial crisis
You will learn how to:
- Appreciate the symptoms of recession that many politicians choose to ignore
- Understand how the global credit crunch arises and the effects it has on most economies of the world that you can now predict
- Be vigilant about the contagion impacts spreading from USA and Europe to Malaysia
- Use the lessons and impacts learned from this financial crisis to plan your businesses in these trying days amid the stimulus packages launched
- Learn not to unnecessarily burn your cash by preserving your cash tills
- Avoid doing businesses with the inflicted types and markets of businesses, and plan to preserve your cash holdings
- Be ready to reap your effort when the American and European had finally resolved their financial and banking crisis
Course Leader
aGEE Lee has more than 22 years of experience in the commercial banking in Malaysia and has worked in Malayan Banking Berhad and seconded to Kwong Yik Bank Berhad in 1980 to set up a Legal Documentation Department.
He started as a trainee officer moving up to Branch Manager, Loan Manager managing Corporate and Commercial Loans and finally as Head of Loan Recovery Division bringing down NPLs to RM65m from RM800m.
He also worked in a property development company, then constructing a condominium and Nilai 3, for 2 years, and involved in a manufacturing company before working for 2 years in a construction company, executing federal contracts on roads, schools and colleges, in Kota Kinabalu, Sabah.
Besides marketing and approving the commercial loans, he was instrumental in setting up the Loan Recovery Section supervising about RM1.9b NPLs and was involved in structuring loans and lecturing modules on debt collecting and legal documentation on securities for 13 years.
His last appointment was with Hong Leong Bank Berhad in 2003/4 as Head of Remedial Management Department.
Agee Lee holds Honours Degree in Economics (major in Business Administration) from Universiti Malaya, Associate of Institute of Bankers (London), Diploma in Marketing Management (NPC) and Certificate in Financial Planning (MII).
He is now a Training Consultant for IBBM, MIA and Banks in Malaysia and Vietnam. Currently he has been giving talks on practical topics that will boost skills and confidence of participants.
What others have to say after they have attended aGEE workshop
“Informative and good personal experience from the speaker”
Wilson Wong, Schenker Logistics (M) Sdn Bhd
“Job well done”
Chong Kim Cheng, WRP Specialty Products (M) Sdn Bhd
“Relevance to the working environment and filled with examples”
Choo HC, Teck Ping Chan (1976) Sdn Bhd
“Overall session has gone with good presentation in improving planning & leveraging cash flow”
Mohd Asrizan, Neural Oilfield Service Sdn Bhd
“I like best about the discussion on real life cases during the session”
Munirah Othman, Selia Selenggara Selatan Sdn Bhd
Who Should Attend: Anyone who would like to have the clear vision of the current financial crisis. Whether you are a businessman, head of department, manager or white collar employee, this workshop will show you the strategies to smoothen the impact of this crisis on you.
Workshop Size: Registration is strictly to the first 25 people. This cannot be altered. If the past is any indication of the future, spaces fill up very quickly. If you are interested in attending, call us now or download the registration form here and fax it back to us at ++6 03 40235716.
HRDF Claimable: This workshop is claimable under the HRDF SBL Scheme. Checks with your department to make sure you are eligible.
Tax Deductibility: In all likelihood this seminar is tax deductible. Check with your accountant to be sure.
Workshop Investment $$: RM 1690.00 per delegates. This includes all workshop materials. Lunch will be provided.
Early Bird Offer!!
If you register yourself EARLY, you will enjoy a discount of RM100.00. For more information, please refer to the registration form here.
Group Discount!!!
If you register in group of 3 persons or more, you will enjoy additional 5% discount, and if your group are 5 persons or more, you will get a much greater discount of 7%, and 10% discount shall be entitled for group of 8 persons or more. So get your friend or colleagues to register with you!
100% Satisfaction Guaranteed
We understand that some of you don't know us. That is why we make this workshop a 100% satisfaction guaranteed. If for any reason whatsoever you don't feel like you have received more than your money worth by lunch break, simply hand in your materials for a complete 100% refund. No weasel clauses, no hassles, no questions asked. We won't lie, as rarely we have to make refund to our participants; however is our integrity which makes our business successful.
If you like what you have gone through so far, you may register yourself by downloading the full brochure here, and fax the registration form back to us at ++6 03 40235716. And if you happen to have some friends or colleagues who are looking for a way out of from this financial crisis, please forward this link to them.
Yours Sincerely,
BIZFinanceSeminar.com
Tel: ++6 03 40216000
Fax: ++6 03 40235716
Email: bfs@bizfinanceseminar.com
