EPF declares 5.65% payout after a sound performance
The Employees Provident Fund (EPF) has declared a dividend of 5.65% for the financial year ended Dec 31, 2009, an increase of 1.15 percentage points over the 4.50% paid out for 2008. The dividend rate...
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Malaysian Fixed Deposit Rates on the Rise as of 11 March 2010
Depositors will be getting higher returns for their savings as banks raise interest rates for fixed deposits (FD) in tandem with the rise in lending rates. In a telephone survey, StarBiz found that...
View ArticleMalaysia has most number of billionaires in South-East Asia
Malaysia has the most number of billionaires in South-East Asia with tycoon Tan Sri Robert Kuok leading the pack as the 33rd richest man in the world with a net worth of US$14.5bil (RM48.1bil). The...
View ArticleSocso has more than RM15b in accumulated assets
The Social Security Organisation (Socso) is working on a pension scheme for members. Human Resources Minister Datuk Dr S. Subramaniam said yesterday he hoped the scheme would be implemented by the...
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Top 10 Biggest Malaysian Stocks
Maybank’s market value of RM52.45bil means it is still the most valuable stock on Bursa Malaysia ahead of Sime Darby Bhd at RM52.22bil. CIMB, with a market value of RM49.94bil yesterday, currently...
View ArticleHighest Concentration of Millionaires in Singapore
Thanks to the global economic crisis, wealth destruction has slashed the net worth of the rich all over. Singapore, however, has managed to stay on top with the highest concentration of millionaires....
View ArticleMy Investment in Gold
Just last month, I opened a Gold Investment Account (GIA) through Public Bank and paid RM123 per gram of gold for 40 grams. Today, the price of gold has dropped to RM116 and I lost about RM280 because...
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Top 10 Richest Countries in the World
International Monetary Fund (2009) Rank Country GDP $ 1 Qatar 87,717 2 Luxembourg 78,723 3 Norway 53,269 4 Brunei 50,103 5 Singapore 49,433 6 United States 46,443 7 Switzerland 42,948 — Hong...
View ArticleGoogle Gives 68% of Adsense Revenue to Adsense for Content Publishers
Till today, Revenue sharing of Google Adsense was not officially stated and that’s why there were lot many speculations on Internet about the same. But today Google’s Product Management, Vice President...
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