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.'


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

19 June 2017

Not Worth to Invest using our EPF money ???

Recently, there is an article by Chinese newspaper saying that more than half of the unit trust funds cannot beat EPF dividend rate. This has created a lot of doubts in the mind of EPF MIS investors. Is it true?

Since 1997, the scheme was rolled out by EPF with the approval from the government to let members have the choice to determine their retirement funds investment. Having said so, there is some restriction on the investment withdrawal and subjected to review periodically. The approved funds under EPF MIS has to be reviewed yearly by EPF team based on certain criteria to be met, such as funds' return performances and its' consistency.

Click here to find out the rules of EPF-MIS withdrawal.

  1. High entry fee ???

21 May 2017

The Cost of Living Battle: Kuala Lumpur vs Johor

Johor Bahru was once listed as one of the top ten most affordable cities in Asia to work in by the Nomad List in 2016, though it has recently been ranked much lower at 55th position. Though we aren’t sure of the reason behind this significant fall, one thing is for sure: inflation is beating Malaysians at its best this year.

If you have been wondering about the difference in the cost of living in Johor and Kuala Lumpur, you should take a look at the in-depth analysis of components to compare the cost of living between both cities (based on findings by Numbeo) below.

The Cost of Living in Kuala Lumpur vs. Johor Bahru

29 April 2017

Car Insurance is NOT the same starting July 2017... Good or Bad ???

From July 1 onwards, the premium rates for motor comprehensive insurance will be liberalized where premium pricing will be determined by respective insurers and takaful operators. In summary, it's based on flexible pricing mechanism.

The aim of the liberalization was to gradually move the tariff towards pricing that was more equitable to take into account broader risk factors and reduce cross-subsidisation across business classes and risk groups.

Current Calculation of Premium

Sum assured based on model of vehicle

+ Loading such as driver's age (if any)
+ Additional Benefits (etc. windscreen, flood...)
- No Claim Discount (NCD) of up to 55%

What are the factors included in determining the premium?

Related Posts Plugin for WordPress, Blogger...