20 August 2017

Tourism Tax: What You Need To Know

After various setbacks, the government has finally decided that the tourism tax will be officially implemented from 1st September onwards. Find out how much the tourism tax will be, and the reason behind its implementation.




What is the tourism tax?

11 August 2017

[PRS Nomination] What should I take note?

From 1 August 2017 onwards, every Private Retirement Scheme (PRS) contributors can make a nomination on your PRS savings. The purpose of making a nomination is to make it easy for your loved ones to receive your gift in the event of your passing on. Without your nomination, your loved ones may encounter difficulties when making a withdrawal from your PRS account, which may be a lengthy process.



How to make a nomination???

07 August 2017

What is "Employment Insurance Scheme" and how would it impacting us ???

The new bill has been tabled in parliament for first reading a few days ago. Whether you like it or not, this will affect all the employees in the country once it was being passed. Yup, it's everyone and every employer also!



Let's unveil the amazing Employment Insurance Scheme (EIS)...

25 July 2017

Bursa launches LEAP market. What's that ???


Calling all small-and-medium enterprises (SME) who want to raise funds to expand your business. Meanwhile, for investors, you have another market for you to consider (maybe for diversification purpose or searching for high potential return?).


Introducing Leading Entrepreneur Accelerator Platform (LEAP) !!!

20 July 2017

Great Eastern & Prudential Malaysia planning for an IPO listing ???


Along with the continuous efforts by Bank Negara Malaysia (BNM) to further tightening the local financial industry, insurance companies could be their next focus. Why said so?

Based on a news report by Bloomberg:
'Foreign insurers have until the end of June 2018 to reduce their holdings in local firms to 70% at most, one person said. The country’s central bank has been weighing tougher enforcement of a cap on foreign ownership as it seeks to boost local participation in the industry, people familiar with the matter said in April.'

Then?

06 July 2017

Two Important Announcements from ASNB


Are you an investor of Amanah Saham Nasional? It's troublesome to bring your ASNB passbook to update the dividend and transactions annually? Scared that you will misplace the passbook when moving house?

No worry! ASNB heard it and understand your difficulties, thus, they are doing away the passbook from now onwards.



Announcement #1
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