Becoming a parent is one of the most joyous moments of our lives. Having a child changes us forever. What gift would you prepare as the !rst gift for the precious baby in your womb? Would it be an expensive stroller, a grand baby shower, a set of branded baby rompers or a luxurious baby …
There are numerous stressors in our life, which include the physical environment, weather, relationships, family, money, career, study, sickness, emotions, etc. as shown in Figure 1. Let me first elaborate on how a career creates stress for us. To me, one of the keys to career planning is about knowing whether you like to deal/work …
Since 2000, we have seen the development our financial services industry over 20 years. New technologies have been introduced with the combination of IT capabilities and deregulation of internet services by the Central Bank of Malaysia (BNM). Now, we can see most of Malaysians using internet and mobile banking facilities for daily transaction. A report …
FINANCIAL INCLUSION OF MALAYSIANS THROUGH DIGITAL FINANCIAL BANK (DFB) Read More »
We are still in the midst of the Covid-19 pandemic which shows no sign of abating. We need to stay until there are zero cases for some time. Even after 102 days of no cases, , New Zealand experienced another wave. As we consider staying at home and being safe, or carrying on with our …
The SC regularly receives complaints from the public on unlicensed entities operating illegally or fraudulently (unlicensed activity) targeting Malaysians and overseas investors. In 2018, a substantial ratio of complaints received by the SC were in relation to unlicensed activity (25%), and it is the largest number of complaints received by the SC. As for enquiries, …
Be Alert Against Unlicensed Capital Market Activities Read More »
Imagine this scenario: you’ve been trying to apply for loans, but have been mysteriously rejected countless times. You’re close to giving up on borrowing money from banks because you have no idea what’s going on. If you’ve been following our content, you would have already recognised this scenario as someone who has a very low …
Getting the most out of the financial system requires understanding the concept of a credit score. Yet, it’s not something we usually think about. In fact, most Malaysians are unaware that there is a national credit rating system. That in mind, we will be providing an overview of the definition of a credit score and …
Everything You Need To Know About Your Credit Score Read More »
In short, the restriction bans mass gatherings and overseas travel. All educational institutions, businesses and premises will be closed – except those involved in essential services. If you have any questions about the restriction, the National Security Council has released a FAQ here.And, according to the federal gazette released on March 18, you are not allowed to go out (even …
Everything You Need To Know About COVID-19 In Malaysia Read More »
The Securities Commission Malaysia (SC) cautioned the public on the sharp increase of clone firm scams this year on 5 November. The scams are perpetuated by companies that fraudulently impersonate a legitimate entity, including misusing the name and logo of a public listed company (PLC) to dupe investors and to solicit funds. These clone firms offer non-existent …
As we continue to face the dual economic and health crisis, Malaysians must also start getting their finances in order and make sure that they will continue to meet their financial responsibilities. However, with many in a tight spot due to reduced salaries and retrenchments in the workforce, these financial commitments may be a challenge. …
Strategies on How to Manage Loan/Financing Commitments Read More »
In the wake of COVID-19, investors have started debating whether long-dormant inflation risks will soon resurface. Stay-at-home orders and government spending have left consumers with extra savings and pent-up demand that could eventually drive a spending splurge. At the same time, lockdowns have kept many businesses shut, destroying capacity in some sectors of the economy …
A true story of how a young man from Sarawak came to Kuala Lumpur for a better life, got buried in debt and is looking for a way out. 19 February 2004. It was a proud date for my family. It was the date on the flight ticket for me, Aliff*, the eldest son in …