Berkaitan dengan  Bank Negara, sudah ada laporan terhadap Etika Emas Estet Sdn Bhd di Bank Negara. Pihak Bank Negara sedang menjalankan penyiasatan.

Bank Negara tidak pernah memberikan lesen kepada mana2 syarikat utk mengambil deposit.

Mmg benar, urusan jual beli emas telah mendapat kebenaran bank negara, tetapi part yg gadai kat ar rahnu, dan 65% yg diperolehi itu diberikan kepada Etika Emas, yg agak dicurigai.

Boleh telefon sendiri Bank Negara utk dapat kepastian. Tanyakan: ada tak laporan di buat ke atas syarikat Etika Emas Estet Sdn Bhd, dan apa statusnya kini.

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Terbaru / Latest

Companies name as below :-
- Genneva Sdn Bhd
- Etika Emas Estet Sdn Bhd

These two companies were being investigated under the suspicion of conducting illegal deposit taking activities in breach of subsection 25(1) of the Banking and Financial Institutions Act 1989 (BAFIA). Read the rest of this entry »

Popularity: 6% [?]

Malaysia announced RM60bil mini-budget to cushion the economic impact. We feel that the money must go down right to the very area that needs to be spent. There should be a monitoring system to make sure the money is spent to the purpose, especially businesses, industries and people at large that are important to be supported.

Benefits from the Malaysia Mini-budget:

• Exemption of levy payments to the Human Resource Development Fund for six months for employers in the textile and electrical and electronics industries effective Feb 1, 2009.
• Increase in the windfall profit levy threshold for crude palm oil to RM2,500 per tonne for Peninsular Malaysia and RM3,000 for Sabah and Sarawak.
• Opportunity for workers / retrenched workers to pursue Masters or PHD.

Notes: Many other benefits base on the report below: Read the rest of this entry »

Popularity: 19% [?]

Latest Malaysia Base Lending Rate ( BLR ) 2010

Latest Base Lending Rate (BLR) reference, source from Bank Negara Malaysia.
Data Updated: March 9, 2010
Source Updated on March 2010
List Created: March 2009

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Popularity: 29% [?]

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.

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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.

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Popularity: 9% [?]

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% [?]

In short, a definition for OPR (a.k.a. Overnight Rate in most countries) is regarded as “the rate that large banks use to borrow and lend from one another on the interbank market”. In Malaysia, the rate is regulated by Central Bank.

And, the movement of OPR will have direct and positive influence the movement of Base ‘.Lending Rate (BLR).

Since the OPR has been reduced, then soon the financial institutions will also reduce the BLR, and the people will enjoy a lower interest rate.

On the other hand, SRR is regarded as the minimum percentage out of the total deposit received that need to maintain by financial institutions.

Read the rest of this entry »

Popularity: 22% [?]