19 April 2019

What is FTSE World Government Bond Index (WGBI) ???

On Monday, global stock market indices provider FTSE Russell placed Malaysia's market accessibility level in its World Government Bond Index under a review considering a downgrade from the current level of 2 (highest level of accessibility) to 1, due to concerns about market liquidity, at the end of the review period in September.

The downgrade may make the Malaysian local government ineligible for the index that helps with exposure to wider global investors. (Source: TheEdge Market news)




Double Drops !!!

Following the release of the news, Malaysian Ringgit and FBM KLCI tumbles the next day due to heavy foreign selling. USD/MYR hitting a low of 4.14 at the time of writing and seems that it will continue to falls further, if Bank Negara Malaysia decided to lower down the benchmark interest rate (OPR) in coming months.

While investors scramble to react from the news, what is this WGBI actually?

Let us have some understanding and let's get the class started below...

11 April 2019

[UPDATE] Local and Foreign Banks Mortgage Loan Rate (as of 05 April 2019)

The following are the Base Rates, BLR and Indicative Effective Lending Rates of Financial Institutions as of 05 April 2019.

Source: Bank Negara Malaysia







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28 March 2019

5 Key Highlights of Bank Negara Malaysia Annual Report 2018


Too lazy to read the full annual report?

No worry... Let us summarise
 for you with these 5 key highlights :)



What's the forecast for 2019 and why?

26 March 2019

How to pay for Prudential policy premium with Boost e-wallet ?


Yes. You see it correctly. E-wallet payments or transactions in Malaysia is becoming one of popular methods, especially youngsters. And, it cross our mind recently, knowing that one of the largest insurance companies here - Prudential - is jumping on the bandwagon to let their policy holders to pay for their policies via e-wallet specifically Boost. (Referral code: yeo31ln)


Wow. That's fantastic to all e-wallet fanatics here. Now, you have another good reason to use Boost for your daily transactions.



What is Prudential's Corporate Website?

08 March 2019

NEW 2019/2020 List of EPF Approved Funds. Does your fund being SUSPENDED ???

Last week, EPF has published its Annual Qualifying List of Fund Management Institutions (FMIs) and unit trust funds under the EPF Members Investment Scheme (EPF MIS) effective 1 March 2019 until 29 February 2020.

For the 2019/2020 period, a total of 382 funds were approved under the EPF MIS, nonetheless only 282 funds, including 9 new funds, from 19 FMIs qualified for offering. This is a marginal increase of 0.7 per cent from the same period last year.

The list of unit trust funds offered under the EPF MIS is evaluated annually based on criteria established by the EPF and approved by the Ministry of Finance Malaysia. Any unit trust fund which falls below the minimum eligibility score will be suspended from offering during the period.

Instead of posting the approved fund list, Finance Malaysia would like to only highlight those suspended funds from some popular fund houses (not all) for your information as below: