16 December 2021

(Don't angry Maybank lah) All of these banks will be charging Interbank Withdrawal Fee also starting February 2022

Yesterday, I saw that many people are leaving their angry comments towards the Maybank posting stating that the bank will be imposing resume charging RM1 interbank withdrawal fee starting February 2022. What the heck?

Cool down, brader. πŸ†’πŸ†’πŸ†’

Read here with patience. Relax. Fyi, all Automated Teller Machines (ATM) are connected to the Malaysian Electronic Payment System (MEPS) network.

What does this interbank withdrawal fee mean?

15 December 2021

Ranhill Utilities Berhad – Recharge and Ready to Power On?

Among all the utility companies in Malaysia, many people would only remember the giant Tenaga Nasional Bhd. Other than Tenaga, there are plenty of good local utility companies and one of them is Ranhill Utilities Berhad (Ranhill), which is a conglomerate with an interest in the environment and power sectors.

A little bit of background

In the environment sector, Ranhill provides water supply services, operates water and wastewater treatment plants, and provides technical services in the management and optimisation of water utility assets. In the power sector, Ranhill develops, owns and operates 2 power plants in Sabah.

Environment Division provides water supply in the Johor State, and operates water, wastewater and reclaimed water treatment plants in Johor, Thailand and China. The Division also provides technical services in the management and optimization of water utility assets as well as Non-Revenue Water Management.

Energy Division, which provides a solid recurring revenue business, consists of the development, ownership, operation and maintenance of 2 Combined Cycle Gas Turbine power plants, which have a total electricity production capacity of 380 Megawatts.

New Growth Strategies...

13 December 2021

Step-by-step Guide to Settle your Traffic Summons easily via Maybank ATM !!!

In conjunction with the 100-Day Aspirasi Keluarage Malaysia programme which was being launched by Prime Minister Datuk Seri Ismail Sabri Yaakob at Kuala Lumpur Convention Centre (KLCC), police will be offering an 80% discount for traffic summons from Dec 9 till Dec 12, Dec 15, Dec 31

All payments can be made at the PDRM counter in KLCC, traffic summons payment counters of district police headquarters and contingent police headquarters, as well as the MyBayar portal and app throughout the period.

However, since day one:
  • PDRM counters are fully crowded
  • MyBayar portal is down
  • MyBayar app is down
(That's why the police keep on extending the deadline to cater for the overwhelming response from traffic offenders)

Other than the above methods, you can actually settle your traffic summons easily via Maybank ATM and Pos Office nationwide. Good wor. How is it?

Step-by-step guide:

10 December 2021

Top Glove's 1QFY22 Profit Slumps 92% yoy!!! What's the Outlook?

Top Glove today announced its financial results for the First Quarter ended 30 November 2021 (1QFY2022), navigating a challenging landscape to commence its new financial year 2022 with positive expectations.

Sales Volume (Quantity Sold) was flattish as it transitions closer to pre COVID levels, compared with the previous financial quarter. The Group’s net cash position as at 30 November 2021 stood at RM1.06 billion.

The softer performance was mainly attributed to:
  1. Normalizing average selling prices (ASPs) and glove demand following mass vaccine rollout on a global scale,
  2. Customers remained cautious on replenishing orders,
  3. Raw material costs reduced at a much slower pace in comparison to glove ASPs
Wow. Looks so bleak ah.
Can give us some positive insights?

09 December 2021

7 Companies (including MR DIY) will be added into FTSE4GOOD Bursa Malaysia Index

Bursa Malaysia today announced several changes to the constituents of the FTSE4Good Bursa Malaysia (“F4GBM”) Index and FTSE4Good Bursa Malaysia Shariah (“F4GBMS”) Index, in summary:
  • 7 new inclusions and 3 deletions from the FTSE4Good Bursa Malaysia Index
  • 7 new inclusions and 4 deletions from the FTSE4Good Bursa Malaysia Shariah Index

What are F4GBM and F4GBMS ???

04 December 2021

Phillip Futures to take over Stockbroking Business of Alliance Investment Bank in Malaysia

PhillipCapital Group had on 2 December 2021 announced that its derivatives broking arm in Malaysia, Phillip Futures Sdn Bhd (“Phillip Futures”) has entered into a business sale & purchase agreement with Alliance Investment Bank Berhad (“Alliance Investment Bank”) for the purchase of Alliance Investment Bank’s stockbroking business.

This corporate exercise has received conditional approval from the Bank Negara and Securities Commission. Mr Lam Choon Jin, Executive Director of Phillip Futures share that “this exercise will allow Phillip Futures to expand its Futures, Options and Contract for Difference (“CFDs”) broking services to include Stocks and Exchange Traded Funds to the Malaysian investors.”

Under the corporate exercise... πŸ‘€

02 December 2021

Who will be replacing Hap Seng Consolidated to be included in the KLCI index?

In a statement today (2 Dec 2021), FTSE Russell and Bursa Malaysia Berhad (“Bursa Malaysia”) today announced that there will be one change to the constituents of the FTSE Bursa Malaysia KLCI, following the semi-annual review of the FTSE Bursa Malaysia Index Series. The index series is reviewed semi-annually in accordance with the index ground rules.

  • One change to the constituents of the FTSE Bursa Malaysia KLCI
  • Seven constituent changes to FTSE Bursa Malaysia Mid 70 Index
  • Three constituent changes to FTSE Bursa Malaysia Hijrah Shariah Index
Who are they?
Continue to read below...

29 November 2021

Boost launched a new food ordering platform ~ "Boost Makan"

Foodpanda, GrabFood, ShopeeFood, airasia food, EASI (Hungry), DelieverEat, LOLOL, BeepDelivery... Not enough lah. So, we have a new kid on the block (in this food ordering/delivery space), and many of us already have this app on our smartphones 😱

Ladies & gentlemen,
Let's welcome this new food ordering platform called
Boost Makan , by Boost, to help its F&B merchants bring their businesses online without the hassle of complicated backend systems and expensive fees. Existing Boost merchants can easily access Boost Makan directly within the Boost Biz merchant app and sign up for the food ordering platform with NO onboarding fees imposed for a limited time.

Boost Makan is open to all F&B merchants who want to shift their business online using a platform they are already familiar with. This includes cafes, restaurants, home businesses, hawkers, food court stalls, and even food trucks.

What are the benefits for Merchants?

28 November 2021

What happened to Thanksgiving Day? The truly Black Friday of Global Markets?

Welcome back. OMG! 😱 Markets are continuing their volatility albeit at the downside on "Black Friday" this year. A sea of red was seen hitting the shore of global equities and other risky assets.

Here is some of the global economic info that all investors should be aware of before the next trading week:

23 November 2021

Bursa Malaysia commences LEGAL ACTION against Serba Dinamik (23 November 2021)

Bursa Securities had today filed an Originating Summons in the High Court at Kuala Lumpur against Serba Dinamik under Sections 360(1)(c)(i) and/or (ii) (J) and/or (K) and/or (M), 360(1)(4) and 360(13)(b) of the Capital Markets and Services Act 2007 to order Serba Dinamik to make an immediate public announcement of the Factual Findings Update on the Special Independent Review as at 30 September 2021.

The court application arises from Serba Dinamik’s failure to comply with Bursa Securities’ directive dated 22 October 2021. Bursa Securities’ directive was issued requiring Serba Dinamik to disclose the material findings of the Factual Findings Update as at 30 September 2021, made by Ernst & Young Consulting, who was appointed by Serba Dinamik to carry out an independent review to assess the veracity and accuracy of the matters highlighted by Serba Dinamik’s then statutory auditor, KPMG.

More details here...

08 November 2021

Bursa Malaysia's responds to Serba Dinamik legal action (8 November 2021)

Established in 1993, Serba Dinamik, through its subsidiaries, is an international energy services group providing integrated engineering solutions to the Oil & Gas, petrochemical, power generation industries, water & wastewater and utilities.

The company was once the darling of research houses until the
audit saga which was started in mid-May 2021. Subsequently, Serba Dinamik decided to take legal action against KPMG, alleging that the external auditor had been negligent and breached its contractual and statutory duties to the company.

And, now, Serba Dinamik is taking legal action against Bursa Malaysia to challenge the stock exchange's directives concerning the requirement to conduct a special independent review and to disclose the findings of the review, arguing that the stock exchange is acting “in excess of power”.

Below is the statement from Bursa Malaysia which was received by Finance Malaysia today 9pm:

05 November 2021

Secured vs Unsecured Business Loans

Funding your business is one of the first – and arguably most important financial steps most business owners have to make. How you choose to fund your business, for example, what type of loan to pursue could affect how you run and structure your business.

Which type of lending is right for your business?
Let’s find out.

In this article, we will take a look at secured vs. unsecured loans, the differences between these two types of loans and which one would best suit your business needs.

What is a Secured Loan?

02 November 2021

Hartalega's Latest Result and What's Next? (November 2021)

In an exchange filing today, Hartalega Holdings Bhd's net profit surged 67.7% to RM914.01 million in Q2 FY2022 from a year ago.

More details below:

Q2 FY2022 vs Q2 FY2021 (Year-on-year comparison)

For the current quarter ended 30 September 2021 (Q2FY22), the Group achieved higher sales revenue of RM 2.01 billion, an increase of RM 665.3 million or 49.4% from the corresponding quarter in the preceding year (Q2FY21). The higher sales revenue was mainly due to the increase in average selling price (ASP).

Profit before tax has increased by RM 504.4 million or 73.9% to RM 1.18 billion, as compared to RM 683.0 million in Q2FY21. The increase in profit before tax was mainly due to the higher sales revenue which was partially offset by the higher raw material cost.

"Okay lah. I know you all don't want to see y-o-y anymore geh. What about q-o-q basis? Right? Here you go below loh..." blogger of Finance Malaysia ☺

Q2 FY2022 vs Q1 FY2022 (Quarter-on-quarter comparison)

01 November 2021

AirAsia X slips into PN17 status. And, who are also inside the list currently?

After avoiding it for more than one year due to the relief measures provided by Bursa Securities on listed issuers that have triggered the criteria for the classification which was ended on June 30, 2021, AirAsia X (AAX) was classified as a PN17 company now.

The PN17 status was being triggered as AAX’s external auditors, Messrs Ernst & Young PLT, have expressed a disclaimer of opinion in the Company’s audited financial statements for the 18-month financial period ended 30 June 2021 announced on 29 October 2021.

In a statement issued by Bursa Securities today, the exchange would like to emphasize that it will continue to monitor the progress of AAX in respect of its compliance with the Main Market Listing Requirements.

What should AAX do now?

20 October 2021

Getting the Cash, Without a Bank

At different stages of life, we need money for different reasons. Sometimes, the things we want to do involves a huge sum of money. It can be to start a business, to expand a business, to make an investment, to buy a property, and others.

Unless you are independently wealthy enough to fund and support the things you want to accomplish in life, at some point in your life, you may need to seek for financial aid.

Creativity, resourcefulness, and networking will play a pivotal role in determining the success of your financial assistance. Without thinking of different solutions, people will just usually turn to the nearest banks for financial assistance. Actually, there are a whole lot of financial solutions out there.  

When people seek for financial aid from banks, they often faced similar problems. Imagine this, you are in need of emergency funds, but yet your loan applications are persistently rejected by the banks. Or the banks are asking you a ton of questions that are only wasting your time and not approving your loan. It can be frustrating, isn’t it?

Banks are banks, they are just made from brick and mortar. They do not feel you or understand you. They only know how to follow a fixed procedure that has never changed since probably the last decade.

Creative finance methods that you should consider

13 October 2021

The new URUS Programme for B50. And, how to define B50 category?

As reported on TheEdge early this month, banks have come up with a counter-proposal to the government's interest waiver plan, and some banking sources say it has been submitted to the authorities.

On Sept 14, Finance Minister Tengku Datuk Seri Zafrul Abdul Aziz announced that the ministry had instructed banks to immediately work on the exemption from interest payments for bank loan moratorium recipients under the B50 category — indicating Malaysians in the bottom 50% income bracket group — for the October to December period of 2021.

Today, Prime Minister Datuk Seri Ismail Sabri Yaakob has announced that the  Financial Management and Resilience Programme (URUS) for borrowers in the B50 income group will be set up by the banking sector soon.

Yeah! we finally can have a glimpse of it. However, what is the programme actually? And, of course, the most popular question being asked by all of you is: "Am I fall under the B50 category?"

Details as per below:

12 October 2021

Malaysia already has THREE Unicorns and they are... (as of October 2021)

Ever since we touched on the topic of Unicorn companies, our readers are very excited and argue that why Malaysia doesn't have a Unicorn (after our very first was being migrated to Singapore - Grab)?

Well well well... As of now (after MOSTI recently announcing that one of their goals is to create 5 Unicorn startups by 2025), suddenly we have THREE, and not ONE. Wow! So effective!

Okay lah... Coming back to the topic, who are they actually?


09 October 2021

Alibaba Cloud appointed as an Official Cloud Service Provider to Accelerate Malaysia’s Digital Transformation

Alibaba Cloud, the digital technology and intelligence backbone of Alibaba Group has been recently appointed as a cloud service provider (CSP) for the government of Malaysia to help accelerate Malaysia’s cloud adoption and digital transformation.

This appointment was made with the release of the “Guidelines for Information Security Management through Cloud Computing in the Public Service 2021” by the Chief Government Security Office (CGSO) of Malaysia earlier this year.

With the appointment announced, Alibaba Cloud will further help boost the cloud adoption and migration as well as fulfilling cloud-first strategy especially among the government and public sectors in Malaysia by providing an advanced and comprehensive suite of cloud products and services ranging from elastic computing, database service, networking, security, middleware, to analytics and digital intelligence services powered by the two local data centres.

21 September 2021

SC 's Third Capital Market Masterplan (CMP3)

The Securities Commission Malaysia (SC) today launched the third Capital Market Masterplan (CMP3), which will serve as a strategic framework for the growth of Malaysia’s capital market over the next five years. It seeks to leverage on the strengths and potential of the Malaysian capital market to accelerate economic growth that is sustainable and inclusive.

The CMP3 was unveiled at a virtual ceremony officiated by Finance Minister YB Senator Tengku Datuk Seri Utama Zafrul Tengku Abdul Aziz.

Speaking at the launch, the Finance Minister said, “The CMP3 fits well into the nation’s aspirations as one of the key enablers that will pave the way for a wider population to participate in the nation’s growth by enabling more inclusive and accessible investment products and distribution channels. With the CMP3 as a strategic guide for our capital market over the next five years, I am confident that it will continue to play an important role in the Malaysian economy.”

06 September 2021

An Investment Scheme from TOP GLOVE ???

Who in Malaysia doesn't know Top Glove? Established in 1991 and headquartered in Malaysia, Top Glove Corporation Bhd is the world’s largest manufacturer of gloves.

Today, the company captured 26% of the world market share for rubber gloves. The company has manufacturing operations in Malaysia, Thailand, Vietnam and China. It also has marketing offices in these countries as well as USA, Germany and Brazil and exports to over 2,000 customers in 195 countries worldwide. In the year 2021, Top Glove was also included the Forbes Global 2000 and is the only Malaysian glove company on the prestigious list. π›± 

How about Top Gloves Investment?
(Got 's' there means many many gloves?)

We can place our money with the company and they will help us to do investments?

Sure or not?


02 September 2021

Central Bank Digital Currencies testing from BIS Innovation Hub + BNM + MAS + RBA + SARB

Digital currencies issued by central banks?
Is this the future?
Will this really work?

The Bank for International Settlements Innovation Hub, the Reserve Bank of Australia, Bank Negara Malaysia, Monetary Authority of Singapore and South African Reserve Bank will join forces to test the use of central bank digital currencies (CBDCs) for international settlements.
  • Project Dunbar will develop prototypes for shared platforms that will enable international settlements with digital currencies issued by multiple central banks.

31 August 2021

Malaysia's 1st Pre-Budget Statement, making history today!

Prior to the Budget 2022 announcement, which is expected to be tabled in the Dewan Rakyat on October 29, the Ministry of Finance (MOF) has agreed to publish a Pre-Budget Statement (PBS) for Budget 2022 today. This PBS is the first in the nation’s history.

Why PBS?

It was said that the move is in line with international best practices, whereby a PBS is published to enhance the transparency of the budget process in formulating the annual budget, as well as increase public confidence – particularly among investors – in the country’s fiscal management.

Through the publication of the PBS, the Rakyat can track specific metrics such as:

21 August 2021

2021 Covid-19 Hospitalisation Insurance Coverage (Update)

As Covid-19 cases keep on increasing in Malaysia, there is mounting pressure on insurance companies to play their role by covering the cost of treatment, especially to their policyholders, on top of doing their part on corporate social responsibility.

Although a majority of our policy contracts stated clearly that there is an "exclusion clause on communicable diseases requiring quarantine by law", some insurance companies are kind enough to support the financial well-being of the affected family during this difficult pandemic period by covering the cost of Covid-19 treatment on a goodwill basis.

For your convenience, we have listed the latest info from selected insurance companies in Malaysia and a summary table below.

12 August 2021

What is the new "Standardised Base Rate" just announced by BNM?

Forget about BLR or BR,
And, let's welcome the new Standardised Base Rate :)
Huh? Apa itu?

Bank Negara Malaysia (BNM) announced on 11 Aug 2021 the release of the revised Reference Rate Framework (RRF). The Framework will be effective 1 August 2022. Under the revised framework, the Standardised Base Rate will replace the Base Rate as the reference rate for new retail floating-rate loans.

Reference rates are publicly accessible interest rates that are used by financial institutions as a basis for pricing loans. The Reference Rate Framework was introduced in 2015, which established the Base Rate (BR) as the reference rate for retail floating-rate loans in Malaysia.

Why? Base Rate no good?

08 August 2021

PropertyGuru completes acquisition of iProperty Malaysia

PropertyGuru Group (“PropertyGuru” or “the Group”), Southeast Asia’s leading property technology (“PropTech”) company1, today announced that it has successfully completed the acquisition of iProperty Malaysia and thinkofliving, following its initial announcement on 31 May 2021.

PropertyGuru now owns all of the shares in REA Group Limited’s (ASX:REA, “REA”) entities in Malaysia and Thailand, which include iProperty.com.my and Brickz.my in Malaysia and thinkofliving.com and Prakard.com in Thailand. In exchange, REA now has an approximate 18% equity interest in PropertyGuru.

Another IPO listing via US SPAC route?

06 August 2021

Razer Pay e-wallet is going to END ???

Hey guys, if you're using Razer Pay e-wallet and with balance inside. Please read and act as soon as possible.

The gaming-centric company Razer has posted a notice on its website announcing that the company is ending its Razer Pay e-wallet services in Malaysia and Singapore on 30th September 2021. The app will no longer be available from 1st October 2021 onwards.


"Thank you for supporting the Razer Pay (Beta). Since the launch of the beta, we have been able to test-bed multiple innovative products and features with the valuable feedback provided by our users and partners.

With the end of the beta, we are committed to ensure that all account withdrawal and closure processes are user-friendly and compliant with regulations. We look forward to innovating more solutions in the future for our community."

What happens after the end of the beta?

30 July 2021

BINANCE is ILLEGALLY Operating in Malaysia?

The Securities Commission Malaysia (SC) today announced enforcement actions against Binance for illegally operating a Digital Asset Exchange (DAX). Under Sections 7(1) and 34(1) of the Capital Markets and Services Act 2007, all DAX operators must be registered as Recognized Market Operators (RMO) by the SC.

Accordingly, the SC has issued a public reprimand against Binance for continuing to operate illegally in Malaysia despite being included in the SC’s Investor Alert List in July 2020. In this regard, the public reprimand was issued against Binance Holdings Limited (Registered in the Cayman Islands), its CEO Zhao Changpeng, as well as three other Binance entities, namely Binance Digital Limited (Registered in the UK), Binance UAB (Registered in Lithuania) and Binance Asia Services Pte Ltd (Registered in Singapore).

All four Binance entities have been ordered by the SC to:

18 July 2021

What is Securities Borrowing & Lending (SBL)?

Recently, news reporting that EPF is lending out its Kossan shares for a fee to investors who intend to short the stock. How do we know whether a stock is being lent out? How do we know a stock is under SBL?

In the blog post, let's explore together... Jom...

What is SBL?

Securities Borrowing and Lending (SBL) is a facility offered by Bursa Malaysia to enable the borrowing and lending of securities. The two models of SBL currently offered are Central Lending Agency and Negotiated Transaction.

This is an enhanced lending model that offers temporary loans of securities between the lender and borrower, which expects the price of a stock to fall to hold a short position for a longer duration, while the lender who loans the stock receives a lending fee from the borrower. It's a kinda win-win here for both parties to achieve their respective objectives.

How does SBL work?

16 July 2021

The NEW FTSE4GOOD Bursa Malaysia Shariah Index

Bursa Malaysia Berhad and FTSE Russell, a leading global index provider, on 5 July 2021 launched the FTSE4Good Bursa Malaysia Shariah (“F4GBMS”) index.

This new Environmental, Social and Governance (“ESG”) themed index is designed to track constituents in the FTSE4Good Bursa Malaysia Index (“F4GBM”) that are Shariah-compliant, according to the Securities Commission Malaysia Shariah Advisory Council (SAC) screening methodology.

How many are inside the index now?

11 July 2021

A Complete Guide to Apply Car Loan Moratorium of Public Bank

In conjunction with our previous blog post on loan moratorium being offered by various banks, this is the complete guide of moratorium application for hire purchase of Public Bank.

When you landed on the website of Public Bank, these 3 persons will warm you with their smiles, indicating that they are here to help you during this difficult period. Hahaha. Just click the "More Info" button.

07 July 2021

Should I apply for 6-month moratorium begins 7 July 2021 (today)?

In line with the announcement of the Pakej Perlindungan Rakyat dan Pemulihan Ekonomi (PEMULIH), individual and microenterprise borrowers, as well as SMEs affected by the pandemic, we may start applying for the six-month moratorium from 7 July 2021 onwards.

In this regard, borrowers - whether individuals, microenterprises, or SMEs - should be assured that opting in for the moratorium or any other repayment packages will be easy with no need for borrowers to provide supporting documentation. Approval will be given automatically.

In addition to the moratorium, banks will also offer a reduction in installments and other packages, including rescheduling and restructuring financing to suit the specific financial circumstances of borrowers.

How to apply?

04 July 2021

This guy turned his obstacles into a social learning platform for all Malaysians ~ Fin2u Academy

Are you learning now? Who do you learn from? Where does learning take place? Basically, learning is a life-long process that takes place from the first day we were born into this world. We keep on learning to adapt to different life stages. The current fast-changing job market requires different skills, thus, the demand of re-skill/up-skill to stay relevant. The next question is: “Is there a marketplace for online learning?

Yes. There is. However, most of the platforms out there are either for their own use only, or from overseas. Of course, some people would go to free sites such as YouTube to learn as well.

Alex Yeoh, an engineer turned financial planner, has been giving financial talks in various universities and corporations for the past 8 years, and wanted to digitalise his contents 2 years ago. Embarking into this digital transformation journey is an uphill task for him because he doesn’t know about web building, web design, automation, payment gateway integration, membership system, video hosting, and digital marketing.

“It's difficult for me to find any localised online courses which can guide me through from A to Z and with the knowledge/skills which I can apply straight away here in Malaysia. Luckily, I found my co-founders who shared the same vision and they come with a skillset which complements each other,” said Alex Yeoh, the CEO of Fin2u Academy.

What is Fin2u Academy?

02 July 2021

'Night Trading' to be offered by Bursa Malaysia Derivatives

Bursa Malaysia Derivatives Berhad (“Bursa Malaysia Derivatives”) will be launching an after-hours (“T+1”) trading session (“Night Trading”) by the fourth quarter of 2021, to enhance the attractiveness of the Malaysian derivatives market to traders around the world.

Available for most Bursa Malaysia Derivatives products, Night Trading is a significant development that aligns the Exchange with global market practices. It sets to enhance price discovery of Bursa Malaysia Derivatives’ offerings given the substantial growth in derivatives market participation since 2019.

Last year, the total number of contracts traded registered a 35% growth, increasing to 18.2 million contracts from 13.5 million contracts in 2019, with foreign participants contributing 46% of the total trading volume.

24 June 2021

SC and Bursa Malaysia comments on the statement made by Serba Dinamik Holdings Berhad (23 June 2021) And, the reply from the company...

Finance Malaysia team received a media statement from Bursa Malaysia just now, and judging by a series of coverage on the audit issue of Serba Dinamik by us recently, we have decided to publish it on our blog for the benefit of the share trading community here.

On top of that, we will publish the statement from the Securities Commission as well below... (And, Serba Dimamik's immediate reply to Bursa's query...)

Bursa Malaysia's media statement:

20 June 2021

Affordable advertising made easy with this company - Adwork

SMEs play an important role in fostering growth, employment, and national incomes not only in Malaysia but around the world as well. But, when it comes to advertising and promotions, SMEs are understandably rather hesitant. But the actual hesitance was never about advertising the product, but complexity in the media booking process and high cost involved.

This is a rather large problem, as advertising is simultaneously one of the most important activities for the growth and survival of SMEs, especially in today’s bustling marketplace.

The Solution is here...

With a simple and intuitive eCommerce website, Adwork allows each customer to customize their advertising options as they see fit. First, the customer keys in their budget range and their target demographic, before they are taken to a page with a list of potential advertising mediums and their accompanying prices. Once you’ve selected your media of choice, all that’s left is to upload the creative and make the payment online. Adwork also offers creative service for a small fee.

Can tell us more?

17 June 2021

pitchIN raises RM5.5 million from 322 investors through its own equity crowdfunding campaign

pitchIN, Malaysia’s leading ECF platform, has successfully concluded its first every fundraising exercise. At the end of its equity crowdfunding campaign on Leet Capital, pitchIN chose to accept RM5.5 million from 322 investors.

pitchIN CEO Sam Shafie is delighted with the response from investors. “I thank the investors for their support in making our deal one of the largest ECF campaigns ever in Malaysia. Our campaign target was RM5 million. The campaign ended up with around RM5.65 million raised. To not disappoint investors, pitchIN accepted all investors but returned some of the funds to keep our fundraising amount to RM5.5 million. We take this success as a vote of confidence in pitchIN as well as the prospects of the equity crowdfunding and digital investments industry. We are confident about the direction that we are taking. pitchIN is a fintech and the market opportunity is huge. There are over 900,000 SMEs in Malaysia alone. What we have done to date is just the beginning. pitchIN has lots of potential to unlock”

More info here...

02 June 2021

BNM: "Loan Repayment Assistance is Available for ALL"

MCO 3.0 >>> HELP is available for EVERYONE.

Banks are committed to make the Repayment Assistance process SIMPLE and EFFICIENT. To obtain this Repayment Assistance, borrowers can contact their respective banks and select their preferred loan repayment options.

Upon selection of your loan repayment options, your bank will process your selected repayment option within 5 calendar days for individual borrowers, and 14 calendar days for SME borrowers.

Let's have a look here:

Repayment Assistance Packages for Individuals

30 May 2021

Browse and Buy your Groceries Online at BELI by MyEG (with RM20 off coupon)

Online shopping is the new norm now, spurred by the pandemic lockdown. All of us can avoid going out, minimizing the risk of virus infection by ordering online and get your items delivered to your doorstep. One of the essential items that we need to re-stock is non-other than groceries.

What is BELI?

BELI is an e-commerce platform offering a range of groceries, fresh produce and everyday essentials. BELI aims to cater to the ever-growing demand for a better shopping solution of fresh groceries in Malaysia by providing quality products with on-time delivery to fit your everyday shopping needs.

By sourcing directly from local farmers and fishermen, NAK BELI ensures that only the highest quality, sustainably sourced and grown, produce and products are supplied to end customers in line with fair trade best practices and minimal food wastage. NAK BELI aims to put local, small-scale, sustainable farming back in the food ecosystem by sourcing from growers and communities to encourage a healthier diet and at the same time, ensure a steady income for the farmers.

Wait... BELI same with NAK BELI?

23 May 2021

How to get the RM150 e-wallet credit via eBelia Programme?

After addicted to the two previous similar e-wallet credit programmes namely, ePenjana and eTunai which offered cash disbursements via selected e-wallets of Boost, TNG eWallet and GrabPay, here we come with eBelia Programme.

However, this round is different! GrabPay is EXCLUDED !!!

What is eBELIA programme?
  • The eBelia programme is one of the initiatives announced under Budget 2021 which aims to help relieve the financial burden as well as promote cashless spending amongst Malaysian youths and full time Malaysian students at registered local institutions of higher learning.
  • This programme is expected to benefit approximately 2 million eligible Malaysians, with an allocation of RM300 million
  • Each recipient is eligible to claim e-wallet credit of RM150
  • The claim period for the eBelia credit is from 1 June 2021 to 22 July 2021 and the credit can be spent until 31 July 2021