Finances

This is really a multi-billion ringgit question. Since MH370 flew to the great Indian ocean, the share price of MAS also went that deep down under. It has fallen to as low as RM0.15 on 19th May 2014, the lowest level in at least 10 years. It was the most actively traded penny stocks in Bursa Malaysia for past few days. What should be the best solution for MAS ? The plunge that day was due to reports saying that Prime Minister is exploring the possibility of letting MAS to file for bankruptcy. Would it be a wise move? Let's us look at a few more alternative ways to rescue MAS financially. MAS to raise capital via private debts, be it issuing new shares or bonds. Easy to issue, but who is going to subscribe for it? In order to make it attractive enough, the bond paper must be backed by government and offering above than average yield. Higher yield means higher financing cost for MAS. MAS to sold off its assets. After various rounds of turnaround plans, what assets still left other t...

I know I know. This may sound too late for you, but I'm sure there are many of you out there are last-minute taxpayers. Even said so, for those of you already filed for your 2013 personal income recently, do you realized that there is this " Special Relie f " ? Example to show the stated "Special Relief" under tax summary page What's that? Am I entitle for it? This special relief is given to those with chargeable income of less than RM96,000 . This works out to be RM8,000 average monthly income. If you're earning less than that, for sure you're entitle for this special relief. How much is that? It was fixed at RM2,000 special relief to all qualified tax payers. Happy e-filing ( I hope the system won't down...)

Are you looking for a fund that's truly diversified? Look no further. With this new fund, it offers income from a range of different asset classes comprising of global equities and global fixed income securities. Furthermore... You will be investing in a fund which is designed to take advantage of yield opportunities in whichever geography or sector they arise. That's why it's truly diversified and you can even ride on the recovery of US and European markets. How this fund works? In order to achieve the objective, the fund will invest at least 95% of the money into Schroder International Selection Fund Global Multi-Asset Income (the Target fund). So, by investing into this fund, investors are expected to:- aims to receive income and potential capital growth over medium-to-long term captures income opportunities from global equities and bonds unconstrained approach with an active asset allocation strategy and flexibility across asset classes Gain from an income seeking risk...

When Bank Negara Malaysia (BNM) announcing that the new Base Rate will replace the current Base Lending Rate (BLR) starting 2015, many people doesn't know what's that. Is it a good thing or is it just another gimmick to increase the lending rate? Here, Finance Malaysia Blog hope to answer some of the queries posted by our followers... First, let us figure out why BNM wanted to change the reference rate. It was being told that the objective is to promote better transparency, pricing discipline and efficiency among financial players. Second, how was the new Base Rate being determined? Third, good or bad ? In fact, it was a good thing to retail borrowers since the new Base Rate would be partially determined by efficiency of financial institutions. Finance Malaysia opines that those big banks will have a better pricing power compared to smaller banks, because their cost of funding is usually lower via current/saving account (CASA). That's the cheapest cost of funding for any ...

Did you missed out on the bull run of Japan market last year? Can't find any pure Japan fund in local unit trust funds? You no need to wait anymore with HwangIM launching the 1st Japan Fund in the market for investors to get exposure to pure Japanese market. The Hwang Select Japan Quantum Fund is an equity fund that seeks to provide capital appreciation over the medium to long term period. It invests in undervalued Japanese companies with growth potential. 3 Reasons Why this Fund ? Growth Opportunities from the Return of the Samurai, with " Abenomics " Catalysts (Improving Business Environment and Employment Rate, Tokyo Olympics 2020) Strength and Knowledge of NIKKO AM After in  sleeping mode for more than 2 decades, Japan is waking up again to become ultimate rising sun country of the world. If you think that Japan's future is still promising for the next few years, you may consider to diversify into this fund. Source: HwangIM Click here to download prospectus

For unit trust industry, The Edge-Lipper Fund Awards was an annual event to showcase their best performing funds. It was like Oscar Awards for unit trust fund houses. This year there were a total of 47 awards presented. Who is the BEST ? Let's refer to below table: And the BEST Group Awards goes to... Congratulations to Amanah Mutual Berhad !!!

Recently, Public Bank wrest its muscle to attracts depositors to place their money with them. This has becomes an annual promotional event to get as much deposits after Chinese New Year. The reason was simple: CNY Ang Pow money... What is so exciting this round? The campaign is open to all new and existing Public Bank individual customers from 28 Jan till 30 June 2014. All you need to do by placing a minimum RM30,000 deposit . Then, it will be separated  into 2 portions, 80% in Special Fixed Deposit (FD) and 20% in Saving Account (SA).  Yes. Depositors can get up to 8.88% p.a. interest on a step-up basis on the 12th month. Can you get it? It's 8.88% p.a. on the 12th month ONLY, not the whole tenure. So, what's the EFFECTIVE rate that I can get? Please refer to the below picture... Not bad what... Wait... This is only on the 80% FD portion. If you add in the 20% SA portion to the whole principal that you have placed, it's lower than 4.33% p.a . actually. Anyway, it's ...