Archive for the ‘Business Talk’ Category

Adam Khoo you have my respect for being the youngest millionaire in Singapore

Thursday, December 3rd, 2009 |

I was browsing some financial websites and then i found Money Magnet own by yan from Kuching. Yan shared a post on Inside the mind of Singapore’s Youngest MIllionaire - By Adam Khoo and hell yeah, the post was very inspiring for those of you that really aspire to be a young millionaire like Adam Khoo.

Here are some of the reasons why the Adam Khoo’s post really inpire and i respect him for that :-

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Malaysia - Not a good place to invest for foreigners

Thursday, July 2nd, 2009 |

Foreigners are running away from Malaysia. They don’t seem interested to put their money in Malaysia. A drop of more then 90% of direct investment so far this year from January to May 2009.

In 2008, Malaysia had a RM 46 billion foreign direct investment while this 5 months only a mere RM 4.2 billion seen. This is a worrying figure as this shows how strong and capable our economy in facing the global financial problems.

I guess this figures are really sending the shivers down our PM’s (Najib) neck. Najib was “kind” in revoking the 30% equity requirement for bumiputras in public listed companies. Now we know why he has to do that.

To be honest, i think this bold step should have been taken 20 years ago during Mahatir’s time as PM and not only now. Malaysia is taking those foreign investors for a ride. It is just like when the time is good, you forget about us (foreign investors) and now when you are in deep shit, you expect us to come and support you?

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Reasons Why the rich will get richer

Monday, March 23rd, 2009 |

I am sure many of you have heard this statements before, the rich get richer and the poor get poorer. Ever wondered how those rich continue to get richer?

From my point of view there are pratically 4 reasons why the rich continue to get richer.

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Standard Chartered Saadiq Saver

Monday, March 23rd, 2009 |

Standard Chartered introduced their latest Islamic All in one account called Saadiq Saver. Initially i had Standard Chartered eSaver savings account. I closed that account to open Saadiq Saver.

The Saadiq Saver is an All in one account because it provides :-

  • Debit Master Card
  • Cheque Book Facility
  • Online Banking

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60 billion stimulus package - Erection failed

Tuesday, March 10th, 2009 |

At last our “beloved” finance minister bowed to the fact that Malaysia is facing recession after denying it earlier.

60 billion stimulus package
will be introduced to be pump into the economy.

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