InvestIdeas

The earth element is the weakest this year. Industries related to the earth element will see slow growth in the year of the Fire Monkey, including the property, construction, insurance, mining and escrow services sectors.

There is heavy competition going on among industries in the fire sector,” he says.

This is especially among sectors in the Yang Fire element, which include oil and gas, energy and telecommunications.

Volatility in oil prices will continue. I see prices remaining in the lower spectrum until the end of this year. By the second half of the year, the water element will emerge, dissipating the fire element,”

Unlike most people who feel Malaysia is an underweight, Yap feels 2016 will see some stability, while the improvement takes place in 2017.

“Malaysia will do better this year. The second half will be better than the first half. People will get used to the new norms, for example, the weak ringgit.

The good directions for the year are south-east, south-west and east. The states that will likely prosper this year are Sabah, Sarawak and Johor, whereas globally, the countries that will thrive are the United States, China and Singapore.

He adds that India and China will prosper this year based on their directions in the Qi Men Dun Jia chart.

Based on the chart, he sees the presence of the white tiger, which shows that China is in control of its economy. The market may be falling now, but it will halt. “Everything is being planned by the Chinese government to reposition the country,” he says

"Southeast Asia will see a lot of viruses or disease, so we need to be very careful about the Zika virus now."

If we want them to have fewer quarrels and arguments, we can put a firecracker behind the door."