- Can SMEs Survive The COVID-19 Economic Slowdown?
Many small and medium enterprises have been impacted by the economic standstill caused by various movement control orders to stem the spread of the Covid-19 pandemic. In an October 2020 report by The Edge Markets, the SME Association of Malaysia carried out a survey among 1,713 members and found out that 20% of its respondents […]Read More
- Digitalisation: Unlocking The Potential Of SMEs In Malaysia
Going digital is no longer just a buzzword, but it’s also a way of life for many businesses. With half of the world population being active internet users, it’s no surprise why businesses are pushing to digitize their operations. SME Corp targets the digitalisation of all SMEs Currently, only 32% of Small and Medium Enterprises […]Read More
- How Bank Interest Rates Work On A Savings Account? Here’s A Mini Guide
Ever since young, we have learned to save up money and stash it away in a savings account. But did you know there’s another way to save money and earn even more money? The answer: leveraging interest rates on savings accounts. Understanding how interest works on a savings account is important to help you maximise […]Read More
- How To Reduce Your Monthly Expenses With A Smart Credit Card
Have your groceries and daily necessities gotten more expensive lately? After a pandemic-induced decline in prices for 2020, Bank Negara Malaysia (BNM) has announced that headline inflation (which measures the total inflation within an economy, including food and energy prices) will temporarily spike to above 5% in the second quarter of 2021. In times like […]Read More
- What Is Debt Consolidation? How Can It Work For You?
Paying off a loan is never a fun thing to do. Pile on multiple loans and we have a headache on our hands. But don’t worry! There’s one sure way to give you the upper hand when it comes to multitasking your loan payments – a Debt Consolidation Loan. As its name suggests, a debt […]Read More
- 3 Ways The Standard Chartered JustOne Platinum Mastercard Helps You Save Money
There’s a common misconception that paying in cash, as opposed to via a credit card, is always apparently the savvier, wiser, safer and better way. But is it really? Though not paying your credit card debt on time will definitely cause you to be saddled with debt, the real issue with credit cards are not […]Read More
- 4 Reasons Why Your Business Should Have a Business Bank Account
If you are a business owner, you may or may not already have a business bank account. But is it necessary to get a bank account for your business? Here’s our analysis on why it may be a good idea to get a business bank account. When you’re a budding entrepreneur, starting your own business […]Read More
- Personal Banking vs Business Banking: Do I Need Separate Accounts?
Not all types of businesses may necessarily warrant a business bank account—maybe you are just a freelance writer or a freelance graphic designer who works on projects on a part-time basis. For these folks, the belief is that as long as you can handle the current volume of transactions of your personal and business expenses, […]Read More
- How To Withdraw EPF Account Savings For Personal Use?
This article was first published on January 2017 and has been edited and updated for accuracy and clarity. Do you know the rights you have over the retirement money you save in your EPF account? CompareHero.my spoke to Puan Balqais Yusoff, Head of Strategy Management Department in EPF to help answer some of the common […]Read More
- Be A Smart Shopper – Save And Earn More With The Lazada Citi Credit Card!
Being good with money doesn’t mean you need to stop spending. Instead, what matters more is knowing how to properly manage and spend your money because let’s face it – there’s no way to evade spending! While you are out grocery shopping or paying your utilities remember to make the most out of it through […]Read More
- Here Are 7 Reasons Why The CIMB Platinum BusinessCard Should Be Your Company’s Go-To Credit Card
Take your business to the next level with the new CIMB Platinum BusinessCard, and enjoy exclusive rewards like cash rebates. Even better, you don’t need a large business to be qualified for one. When starting a business for the first time, you may choose to use a personal credit card, rather than a business credit […]Read More
- How To Read Your Credit Report Using This Code
A credit report is important because it helps you assess whether you are eligible to apply for a credit card, personal loan or mortgage. Read this article to find out how you can read and check your credit report for free! Getting rejected for a credit card or loan isn’t a personal slight against you, […]Read More
- BNM Announces Additional Measures To Assist Individuals And SMEs Affected By COVID-19
Bank Negara Malaysia (BNM) has recently announced that it will establish additional financing measures to provide relief and support to small and medium enterprises (SMEs), following the release of Budget 2021 by the Ministry of Finance last week. These measures, which include additional targeted repayment assistance for individuals and SME borrowers, and several other initiatives, […]Read More
- Find Out How Cloud-Based HR Softwares Can Ease Your Business’ Way Of Working
Technology is transforming at a rapid pace and impacting the way organisations operate and work. Digital Transformation is now inevitable across all sectors, and Human Resource (HR) management is not immune to it. Additionally, the global COVID-19 pandemic has triggered the acceleration of digital transformation in HR, forcing them to think of operational alternatives like […]Read More
- Bank Negara Malaysia Receives 500,000 Applications For Repayment Assistance Amid Moratorium Conclusion
About 500,000 applications for repayment assistance have been received by Bank Negara Malaysia (BNM) as Malaysians transition into targeted repayment assistance following the end of the six-month loan moratorium period on October 1, according to BNM. To aid vulnerable Malaysians who are struggling with their loans, banks have introduced a range of packages for affected […]Read More
- Maybank – First Bank To Introduce Online Appointment Management System, EzyQ
Skip the queue and make branch appointments online through Maybank EzyQ, a newly launched online appointment management system created with the goal to enhance customer safety and convenience. Maybank is the first bank in the country to introduce such a facility for a full suite of banking services. “With the pandemic, we’ve had to change […]Read More
- Top Tips To Manage Your SME’s Finances During This Pandemic
There’s little doubt that the COVID-19 pandemic has massively impacted all small and medium enterprises (SMEs) across the country. As most organisations are struggling to balance the books, here are some handy tips to help restructure your finances during this pandemic. Understanding Financing Revised Payment Terms During this pandemic, financing revised payment terms paves a […]Read More
- CTOS: How Malaysians Can Check And Improve Their Credit Score For FREE Via MyCTOS
CTOS Malaysia is providing FREE MyCTOS Score credit reports for Malaysians whose finances may have been affected during the COVID-19 pandemic. Here’s how you can check, read, understand, redeem, and improve your latest CTOS credit score for FREE! Let’s be honest – many of us don’t actually know much about credit scores, but it’s actually […]Read More
- CIMB Islamic SME Smart Deposit Campaign
Did you know a CIMB Business Current Account-i has rewards beneficial to your business? When you start a business, one of your first tasks should be to open a business bank account. If you already run your own small or side business and have been funneling earnings into a personal bank account, it’s time you […]Read More
- Personal Financing: Good or Bad?
Personal loans tend to get a bad reputation. For most people, borrowing money (for any reason) is never a good thing. From social stigmas to cultural issues and hearsay, there are plenty of factors that can hold back a person from seeking financial assistance whenever he/she needs to. But it can be a viable option […]Read More