Investing & Trading
Between May 11 and May 22, the Employees Provident Fund (EPF) approved a whopping 3.04 million applications from contributors to withdraw part of their retirement money from Account 3 to the tune of RM5.52 billion. Within the same period, it has received 2.86 million applications to transfer RM8.78 billion from Account 2 (Akaun Sejahtera) to […]
... written on May 30 2024Defiant Malaysian Prime Minister Anwar Ibrahim thought he was clever and invincible when he deliberately met with Hamas political bureau chief Ismail Haniyeh during his 3-day visit in Qatar. He wanted to send a message to Washington that even if Malaysian banking system was helping the terrorist organization in funding and money laundering, there’s nothing […]
... written on May 15 2024Antony Blinken’s visit – his second to China is less than a year – is the clearest proof that the U.S. Secretary of State was sent to beg the Chinese again. But as expected, nothing can be achieved from such visits as long as Washington arrogantly thinks it could tell Beijing what China can or […]
... written on Apr 30 2024Americans can make about 11 gigawatts of solar panels per year, up from 6.4 gigawatts in 2022. In comparison, one Chinese company alone – JinkoSolar – is able to produce 56 gigawatts at its solar panel factory in Shanxi province. China as a whole can make more than 400 gigawatts of new panels every year […]
... written on Apr 11 2024The realm of forex trading is a dynamic landscape, where traders navigate through the intricate web of currencies, constantly seeking opportunities for profit. In this article, we delve into the nuances of forex trading, exploring strategies, market dynamics, and the role of key currency pairs like xbrusd and dge. Understanding Forex Trading Forex, short […]
... written on Apr 05 2024TikTok has about 170 million users in the United States, its biggest market outside of China. Its revenue was around US$20 billion last year. Founded in 2012 by entrepreneur Zhang Yiming, TikTok owner ByteDance reportedly had a private valuation of between US$105 billion and US$110 billion in May 2020, making it the most valuable start-up in […]
... written on Mar 15 2024In Malaysia, adhering to tax obligations on trading income is a fundamental requirement for engaging in legal Forex trading. However, the intricate tax laws and regulations surrounding Forex trading profits often pose challenges for traders to fully comprehend and navigate. Many investors find themselves grappling with the complexities of tax compliance, unsure of their responsibilities […]
... written on Mar 14 2024For financial year 2023, the EPF (Employees’ Provident Fund) or KWSP has announced higher dividend for both Conventional savings (5.5%) and Syariah savings (5.4%). In previous year (2022), EPF had declared 5.35% and 4.75% dividend rates for Conventional and Syariah respectively. However, despite higher dividends for last year, suspicion arose over its distributions. While […]
... written on Mar 05 2024As neighbouring Malaysia was plagued with dangerous religious extremism, where radical Islamist is known to calling for protest on foreign artists, as well as government officials introducing weird rules at the eleventh hour, Singapore saw a huge potential in concert as magnet to boost tourism. Clearly, event tourism is something which Malaysia doesn’t understand. […]
... written on Mar 02 2024Making money in the forex (foreign exchange) is quite easy – just listen to research firms such as MIDF or Malaysian Industrial Development Finance, and bet the opposite. Led by a bunch of clueless management and researchers, the firm that specializes in development finance, investment banking, and asset management provides the best advice for investors to […]
... written on Feb 21 2024