You want to buy a car so that you can commute to office and other places with ease. But purchasing a car needs high amount of money. So, like many, you too want to purchase a car by financing it through a car loan but are worried about high rate of interests. In that case, low interest car loan can solve your problems.

Check the list below for your references. Make calls to your favorite banks to get the latest rates they might have.

1. Loan date : February 2008
2. Which Bank ublic Bank
3. How many years of loan & Interest rate.: 7 year + 2.43%
4. Loan amount.: 50k

1. Loan date : July 2008
2. Which Bank :Maybank (MBB)
3. How many years of loan & Interest rate.: 2.86% – 7 years / 2.94% 9 years (Both Rates are Corporate rate)
4. Loan amount.: 45k

Read the rest of this entry »

Popularity: 17% [?]

BLR reduce as mentioned by the media will take effect soon. This is a good way to use it as platform in reduce loans monthly repayment if you may have.

—— NEWS —–

ALL commercial banks will take immediate steps to reduce the monthly loan repayments for facilities with interest rates pegged to the base lending rate (BLR).

This is to help borrowers in the current challenging environment, the Association of Banks in Malaysia (ABM) said in a statement today.

The move came in the wake of the announcement by Bank Negara Malaysia yesterday that its benchmark overnight policy rate (OPR) will be reduced by another 50 basis point to 2 per cent from 2.50 per cent.

The new BLR will be published by the banks individually in the days ahead, similar to cases of the previous rounds of OPR cuts in November 2008 and January 2009, ABM said.

Read the rest of this entry »

Popularity: 9% [?]

IT managers struggle to deal with the influx of Web 2.0 tools into the workplace. Wikis, video sharing, multimedia mashups, podcasting, and collaborative online software and services are taking over corporate intranets and starting to pay off in terms of greater
productivity and efficiency at many companies.

But success with Web 2.0 is coming at a cost. IT managers are having to balance all the collaboration and innovation emanating from these tools against new security risks as well as data access and management challenges. And they have to do it in many cases with products that lack security and data management features.

Read the rest of this entry »

Popularity: 8% [?]

Talk on headcount reductions in Penang continues to be the order of the day as technology giants take the cue or are preparing to do so from their parent companies overseas.

It is not known whether a deadline was given to those affected and what would happen if they are unable to find other work within Dell.

Read the rest of this entry »

Popularity: 4% [?]

MALAYSIA’S central bank cut its key rate by 50 basis points to 2 per cent on Tuesday due to rising concern about the country’s economic growth.
Bank Negara Malaysia also cut the commercial banks’ statutory reserve requirement by 100 basis points to 1 per cent effective March 1.
This was the third straight rate cut in as many meetings and came after a shock 75 basis point cut in January.
Six out of 13 polled economists predicted a rate cut of 50 basis points, while seven had expected no change in a Reuters poll. – REUTERS

Popularity: 5% [?]

A friend of mine email me this “Economic Clock” which I find it is quite interesting (and/or maybe useful when deciding what to invest during economy boom or slowdown) .

This economic clock was compiled by The Evening Standard of London from a study of trade cycles over a period of 150 years. It shows how different asset classes fall and rise as the economy moves through booms and busts.

Popularity: 4% [?]