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Money Versus Health

Money Versus Health

Money vs Health On labour day, 1st May 2020, the Malaysia’s Prime Minister Tan Sri Muhyiddin Yassin has announced on reopening up Malaysia’s economy on 4th May 2020. While the MCO is still on till 12th May 2020, the announcement came to a surprise to everyone, mostly on the date of the reopening. Many were worried about the virus out […]

Can SME Survive During the Covid-19 Crisis?

Can SME Survive During the Covid-19 Crisis?

As the implementation of the Movement Control Order (MCO) that has been going on for almost 1 month, it might be extended another month. If the situation is not recovering, it is a worrying issue for many small scale & independent retailers. The affected industries are ranging from hospitality, F&B, retail, entertainment, tourism, real estate, […]

Bank Negara Malaysia Announces 6 Months Loan Moratorium & Extended MCO Period

Bank Negara Malaysia Announces 6 Months Loan Moratorium & Extended MCO Period

The Bank Negara Malaysia (BNM) has announced to the nation an encouraging news today with the automatic suspension of loan repayment for 6 months, effective April 1st! This measure is mainly targeting all bank customers including individuals and small and medium enterprises to relieve the burden on businesses and households who are expected to be […]

5 Scenarios During COVID-19 Outbreak in Malaysia

5 Scenarios During COVID-19 Outbreak in Malaysia

Covid-19 is officially declared as a pandemic by WHO. What is Covid-19? If you’ve been living under the rock lately, Covid-19 is an infectious disease caused by severe acute respiratory syndrome coronavirus 2 (SARS-CoV-2). Currently, Malaysia is experiencing a huge second wave of Covid-19 with a total of 673 cases, including 2 death cases which was reported. The government […]

📃Income Tax in Year 2020

📃Income Tax in Year 2020

As the new year is approaching, it is time to look into our income tax and study on the structure to understand the new proposed taxable income. In our recent Budget 2020, the government has introduced a new band for taxable income above RM 2 million and taxed a 30%, which is a 2% increase […]

How Does Budget 2020 Affect You In Buying Your First Property?

How Does Budget 2020 Affect You In Buying Your First Property?

At the recent Budget 2020 presentation, the government will collaborate with financial institutions to introduce a Rent To Own (RTO) financing scheme. Now, what is RTO? Our Finance Minister, Lim Guan Eng said that a Rent To Own (RTO) financing scheme has been set up for those unable to afford the initial 10% deposit and […]