28 August 2019

[Funding Societies] First Collateralized P2P Investment in Malaysia

Funding Societies Malaysia, the first and largest Peer-to-Peer (P2P) financing platform in the country, has launched Dealer Financing, the latest addition to its array of investment products, for the purchase of used cars by identified used car dealers. Dealer Financing is not only the first P2P dealer financing product, but it is also the first collateralized P2P investment in Malaysia, whereby it is backed by additional security which is the ownership claim on the financed used cars.

It's good for Dealers. Can tell me more?
And, what's in it for Investors?

26 August 2019

[BigPay] New AirAsia BIG Points Rewards Structure (effective Sept 2019)

Good News and Bad News !!!
Which one would you like to listen first ???

From the 1st of September 2019, BigPay is increasing the amount of AirAsia BIG Points you earn when you spend on BigPay. You will receive 1 BIG Point for every RM10 spent.

That's DOUBLE the BIG Points you're currently getting.

Think of all the trips you can take when you pay for your Spotify premium, your Netflix or even that cheeky Nando's.

Good. What is it about the Bad news?

22 August 2019

[Enhanced Version] Bank Negara Malaysia’s RM1 billion Fund for Affordable Homes (Aug 2019)

Bank Negara Malaysia wishes to announce enhancements to the RM1 billion Fund for Affordable Homes, which aims to help home buyers from the lower-income group to finance the purchase of their first homes.

The enhancement, which will take effect on 1 September 2019, involves the expansion of the eligibility criteria, as follows:

20 August 2019

EPF Launches i-Invest Online Platform

19 August 2019: The Employees Provident Fund (EPF) today announces that eligible members can now make an informed investment of unit trust funds offered by EPF-approved Fund Management Institutions (FMIs) through the self-service i-Invest online platform within the i-Akaun (Member) portal.

For members below 55 years old, the investment can be funded directly from the eligible portion of members’ savings under Account 1 with a sales charge ranging from zero to 0.5% of the transaction amount.

Enabling Unit Trust Investment Directly From EPF Account...