Let’s get the facts straight; Malaysia has financial obligations amounting to RM1.087 trillion ringgit, as at December 31, 2017. This includes Federal Government Debt, Government Guarantees, and lease payments for Public Private Partnership (PPP) projects such as construction of schools, hostels, rental, maintenance of roads, police stations, hospitals, etc. The official Federal Government Debt of RM686.8 billion equates […]
Bank Negara Malaysia (BNM) recently introduced the concept of “Living Wage” and it created quite a bit of confusion. It really is guide on what is acceptable as minimum living standards, it is not a minimum wage indicator nor a benchmark to assess poverty. Here we’ll explain what a “Living Wage” is and how it impacts […]
P2P Investing Best Practices 2018 – An Investors Guide Thinking on starting your investment journey? Or looking for option that provide better returns? Here is a tip guide on Peer-To-Peer Investing or P2P Funding best practices. Be warned though, investing in P2P can get addicting because it can be quite fun analysing notes to make […]
If you’ve ever set yourself a budget with the best of intentions but lost track of it along the way, ending up just spending money without any idea of how much you’re spending or what on, then these smartphone apps are for you. Whichever app you go for in the end, you will have all […]
It’s tax filing season again! Do you know how to file your personal income tax? Is this your first time or are you one of those who forgets the details (as this only happens once a year). That is why we have made a quick guide to file your income tax 2018. Related: [LIVE] Budget 2019 Malaysia […]
*Updated: Nov 7, 2019 Want to save more money on your monthly petrol bill? We’ve listed down the best credit cards for petrol cashback in Malaysia, find out more below!
We all have at least a bank account for basic savings, loans and credit cards. But do you know that you can be a shareholder in these banks? If you are interested in investing in local banks, we have screened the top five banks in Malaysia with the help of Bursa Market Place for you. […]
The Amanah Saham Bumiputera 2 (ASB 2) was officially launched on 2nd April 2014. Also known as ASB2, the unit trust fund is an extension of a program of the same name originally launched by Permodalan Nasional Berhad (PNB) on 2nd January 1990. PNB manages the fund which stands at a total of 10 billion […]
Judging from the number of credit card application kiosks at malls across Malaysia, you would think no credit card application would be denied. Shockingly, there are some who do, and it may well because you did not meet the minimum credit card requirements stipulated by the issuing banks and financial regulatory bodies in Malaysia. If […]