30 July 2020

How to claim your RM50 ePENJANA e-wallet credit? Starting 31st July 2020...

Under the Economic Recovery Plan (ERP), one of the most eye-catching initiatives was ePENJANA which aims to spur the spending of users in Malaysia, in order to rejuvenate back the economic activities.

A total of RM750mil will be allocated by the government under this initiative. And, three e-wallet providers which are exactly the same with the previous similar round called eTunai, and they are

Who is Eligible?
Yes, if you're a Malaysian above the age of 18, with an annual income of less than RM100,000, and also downloaded MySejahtera app...

Wait... It's RM50 + RM50 ???

Yup. On top of the RM50 credit given by the government, another RM50 equivalent value of matching initiative will be given by the e-wallet providers that you have chosen to claim from. It will be in the form of cashback, voucher, and/or reward points during the validity period.

29 July 2020

Loan Moratorium EXTENSION. How flexible is that? How & when to apply?

Ahead of the blanket moratorium ending on 30 September 2020, our PM today announced that a more targeted approach to assist individual and SME borrowers, which is in line with the easing of movement controls since early May.

It is recognised that income and cashflow challenges remain for some, especially those who have lost their jobs or experienced a reduction in incomes.

Because of that, a targeted approach was introduced to ensure that the financial resources and attention are prioritised where it is needed the most.

12 July 2020

The 4 Kings of Rubber Glove Industry !!!

Just when the world has been hit by one of the deadliest pandemics in history, it’s been a good year for glove companies and their founders.

Well, Malaysia, the world's largest rubber glove producer with a market share of about 65% of the world’s supply, therefore producing at least 4 billionaires whose fortunes were made in the industry.

Understand the 'Kings' here:

What is Bursa Malaysia's PN17 status???

Under the rules set out by Bursa Malaysia, there are clear, comprehensive and accessible rules which govern, among others, the listing of issuers and products on local equity markets, and the obligations of the issuers post-listing, the trading, clearing and settlement of our products, the admission and post-admission obligations of market participants.

And, one of the popular yet not-so-glorify words is PN17 - which stands for Practice Note 17. There are a total of 32 Practice Notes (although some of them already removed) as listed on the website.

What does PN17 mean?

08 July 2020

SC Cautions Investors on the Usage of Crypto ATMs - No such permit was issued !!!

Have you ever seen an ATM located at certain shopping malls? Shop lots? Not the normal bank ATM, but Crypto ATM...

Today, the Securities Commission Malaysia (SC) would like to caution the public against the usage of Crypto Automatic Teller Machines (Crypto ATMs).

What is Crypto ATM actually?