5 Key Highlights of Bank Negara Malaysia Annual Report 2018

Too lazy to read the full annual report?

No worry... Let us summarise for you with these 5 key highlights :)

What's the forecast for 2019 and why?

How about the Inflation Rate and what factors affecting it in 2019?

Would our Current Account balance still able to record Surplus?

Are Malaysians workers paid fairly?
(Assessment based on productivity and equity)

Our External Debt is within control?

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How to pay for Prudential policy premium with Boost e-wallet ?

Yes. You see it correctly. E-wallet payments or transactions in Malaysia is becoming one of popular methods, especially youngsters. And, it cross our mind recently, knowing that one of the largest insurance companies here - Prudential - is jumping on the bandwagon to let their policy holders to pay for their policies via e-wallet specifically Boost. (Referral code: yeo31ln)

Wow. That's fantastic to all e-wallet fanatics here. Now, you have another good reason to use Boost for your daily transactions.

What is Prudential's Corporate Website?

It provides 24/7 service for you to make one-time proposal payment and/or renewal premium payment for inforce policies from your Current Account Savings Account (CASA) or with your Debit / Credit Card or Boost e-wallet (Referral code: yeo31ln). For single premium proposal payment, only CASA option is available.

*Applicable to all Prudential's Life products.

How to make the premium payment?

Navigate to Online Payment via Prudential's Corporate Website (click here for the link) > Enter basic policy information > Read and agree on Terms & Conditions > Complete CASA or Debit/Credit Card details or Scan QR Code > Receive SMS/email confirmation upon successful of payment.

As simple as that.
And, you can enjoy your Boost's shake reward !!!

Good luck :)

Any charges being imposed on this?There will be no extra charges imposed by Prudential.


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NEW 2019/2020 List of EPF Approved Funds. Does your fund being SUSPENDED ???

Last week, EPF has published its Annual Qualifying List of Fund Management Institutions (FMIs) and unit trust funds under the EPF Members Investment Scheme (EPF MIS) effective 1 March 2019 until 29 February 2020.

For the 2019/2020 period, a total of 382 funds were approved under the EPF MIS, nonetheless only 282 funds, including 9 new funds, from 19 FMIs qualified for offering. This is a marginal increase of 0.7 per cent from the same period last year.

The list of unit trust funds offered under the EPF MIS is evaluated annually based on criteria established by the EPF and approved by the Ministry of Finance Malaysia. Any unit trust fund which falls below the minimum eligibility score will be suspended from offering during the period.

Instead of posting the approved fund list, Finance Malaysia would like to only highlight those suspended funds from some popular fund houses (not all) for your information as below:

And, these are the newly approved funds from popular fund houses for your considerations as well:

For full list of approved and suspended funds from ALL fund houses, please click here...

Source: www.kwsp.gov.my

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Other articles you may be interested to read on:

[EPF-MIS] Revised Basic Savings Table effective Jan 2019

https://financemalaysia.blogspot.com/2018/11/epf-mis-revised-basic-savings-table.html

EPF Rules on Nomination (MUST Read)
https://financemalaysia.blogspot.com/2013/05/epf-rules-on-nomination-must-read.html

Not Worth to Invest using our EPF money ???https://financemalaysia.blogspot.com/2017/06/not-worth-to-invest-using-our-epf-money.html

What is EPF i-Saraan? With 15% Incentive?https://financemalaysia.blogspot.com/2019/02/what-is-epf-i-saraan-with-15-incentive.html

What is EPF's Expenditure Guide called BelanjawanKu ???

Since a reference budget is a useful tool on many levels, the Social Wellbeing Research Centre (SWRC), University of Malaya has started a research programme aimed at compiling a “Reference Budget for Malaysians”, or Belanjawanku, the first results of which are laid out in this publication.

Belanjawanku is a compilation of detailed minimum monthly expenses for different baskets of goods and services consumed by different households, to achieve an acceptable standard of living.

Huh? How much is considered enough?

It is based on actual spending patterns of individuals and families from urban households in the Klang Valley and can serve as a guide for monthly expenses and personal budgeting.

It was breakdown into these 6 categories of the household sample and developed based on actual spending patterns on common goods and services by urban households in the Klang Valley. The final outcome was as below:

Let's Breakdown in Details:

As mentioned, this serves as a guide only for Klang Valley households. Take it lightly and kindly appreciates the efforts put in by various parties. We don't have to argue with it.

Click here to download Brochure

Click here to download the full report of BelanjawanKU

Source: EPF 

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Do YOU understand what is "Financial Planning"?

https://financemalaysia.blogspot.com/2013/05/do-you-understand-what-is-financial.html

Why You Must use this App, especially AirAsia traveler?

https://financemalaysia.blogspot.com/2019/02/why-you-must-use-this-app-especially.html

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https://financemalaysia.blogspot.com/2019/02/a-new-way-to-save-money-in-gold.html