To all Malaysian, if you have extra money, hurry to grap this opportunity to earn some money.

For those who miss to invest on Amanah Saham Wawasan 2020 for last 2 days, don't be dissapointed.

Amanah Saham Nasional Bhd (ASNB) has announced the addition of 1 billion new units of Amanah Saham Malaysia (ASM) for subscription from 1 Dec 2008 (Monday).

All Malaysian from aged six months and above, can invest maximum to 10,000 units per accountholder during the offer period from Dec 1 to Dec 7. Note: 1 unit = RM1.00

Employee's EPF contribution Rate reduce from 11% to 8%, effective from Jan 2009 wage for a period of two years.

what do you think? Good or bad?

According to the Deputy Prime Minister and Finance Minister YAB Datuk Seri Najib Tun Abdul Razak, the objective of this move is to help to increase the buying power to support domestic consumption and to sustain the current economic outlook.Is this mean to ask Malaysian to saving lesser and spend more money? But this statement is contradict to the 'advice' from our 'lovely' Prime Minister who ask Malaysian to keep more money, change the life style and spend wisely to face the current economy.

We had heard a lot of news from media about the EPF is not enough to suport the living after retired. Now the govenrment implement this reduction, will it cause more people will get suffer after retired?

According to EPF, start from Jan 2009, this reduction will implement automatically. For members who wish to maintain the contrubution rate at 11%, you may need to fill up a form 'KWSP 17A (AHL). Once completed, submit the form to your employers for submission to EPF.

You may download this form from EPF website from 1 Dec 08 onwards.

So you want to maintain or reduce the rate ? Please think wisely. :)

前天, 副首相兼財政部長拿督斯里納吉宣佈增加50億令吉撥款給Valuecap救市，依我个人认为， 这是一个小数目而已， 根本无发挽救先时的股票市场。

根据星洲日报的一片报道，分析员表示， 马股整体市值6895亿令吉，理论上而言， 就算将全部50億令吉注入马股， 竟可推高马股综指10 点而已。

其实， 这50億令吉是由KWSP撥款的， 并非有马来西亚政府所拨出的。所以说， 那是我们的钱。那政府到底做了什么呢？政府还一直说明马来西亚的经济没有衰退， 还很稳固。 在短短的几个月里， 马股综指 从1500 点跌至现在900 点， 将近40%， 这还可以说经济没有衰退吗？

World market is in recession now. Most of the company's profit go down tremendously while only little
company still manage to have profit up.

Today newspaper announce that Yahoo Inc. firing 1,500 workers after 3Q profit falls 64 %.

Online auctioneer eBAY Inc. is jettisoning 1,600 jobs and even Google Inc., a company renowned for its
free-spending ways, is starting to cut corners.

For Apple Inc., huge iPhone sales drive Apple profit up 26%. The iPhone hits the world mobile market with it beautiful design and function. Yes. I also want to own an iPhone, however in Malaysia, Apple has not launch iPhone. :(