Monthly Archives: March 2011

Will General Election Affect Bursa?

Posted on March 30, 2011 by David Lee

Most of us still can remember the year 1997 economy crisis which hit whole Asian countries. Those countries that major affected are South Korea, Malaysia, Indonesia, Hong Kong, Laos and Philippines. At that time, we can see that all these … Continue reading →

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High Crude Oil Price Leads Slower Economy Growth

Posted on March 27, 2011 by David Lee

What’s going on with our oil price again? The price of crude oil has increased sharply to its highest since year 2008 financial crisis at US$105.40/barrel on 25th March 2011. In perspective, the price of crude oil averaged US$79/barrel in … Continue reading →

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What Do You Think About New Rules for Credit Cards?

Posted on March 21, 2011 by David Lee

In order to ensure the usage of credit card is at a manageable level, the minimum annual income requirements for credit card eligibility has been raised from RM18,000 per annum (RM1,500 per month) to RM24,000 per annum (which is RM2,000 … Continue reading →

Posted in Debit & Credit Card | Tagged , , , | 6 Comments

What is Contra Trading in Share Market?

Posted on March 18, 2011 by David Lee

Do you know what is contra trading? It’s a stock trading technique where you will be given 3 days (known as T+3) to pay up for shares that haven been bought. But, if you sell the shares within these 3 … Continue reading →

Posted in Bank & Investment | Tagged , | 2 Comments

What Do You Think About 6% Government Service Tax?

Posted on March 14, 2011 by David Lee

Effective from Jan 1, 2011, our government increases the Goods and Service Tax on all taxable services to 6% in order to generate extra tax revenue for our country development. With this move, it will impact a great number of … Continue reading →

Posted in News & Announcement | Tagged , , , , | 5 Comments