Why are Malaysian redditors so cynical 🤨 (credit to the futurizts)
POV: Petronas considering who to layoff in order to RIGHTSIZE its workforce
Petronas has confirmed on Friday that it will reduce its workforce to ensure long-term survival. “This is not a retrenchment. It is a rightsizing workforce exercise… to ensure the survival of Petronas in the coming decades,” its CEO said.
I’ll explain why gold surged to (yet another) record high of $2,900/ounce recently.
Malaysians, get your flu shots if you’re planning to travel in the next few weeks. Influenza cases are spiking across multiple countries – China, Taiwan, and most notably Japan.
Financial literacy among Malaysians is increasing. According to FMT, EPF received RM13 billion in voluntary contributions last year. Over 1.2 million members have voluntarily topped up their accounts - a 32% increase from 906,000 members in 2023.
PSA: Compilation of the recent TNG fiasco and how to change your payment limits plus what to do if you get scammed.
Unauthorized transactions have been reported on the TNG Visa Card. ⚠️
I find it very concerning that TNG’s default payment limit is set to RM120,000 per day. Both methods – Payment and Transfer – are set to RM120k daily and up to RM9,999 per transaction. Unless edited, this is the current setting for all users.
The minimum wage has been raised to RM1,700 on Feb 1, but it SHOULD NOT be used as a benchmark for starting salaries. Here are the latest wage guidelines published by the Human Resources Minister.
Gold has surged to a record high of $2,800/ounce. In ringgit terms, 1 Kilogram of the precious metal is now worth RM433,000, slightly lower than the price of 1 Bitcoin: RM458,000.
Li Chun is an auspicious time of the year for you to make deposits – especially those angpao or cash bonuses that you’ve received during the CNY period.
About the ringgit recently…
Should eateries be allowed to jack up prices during festive seasons? FYI, Oriental Kopi is currently valued at RM1.71 billion and has 20 chains in Malaysia. It made a profit after tax of RM43.13 mil and revenue of RM277.3 mil in FY2024.
Malaysians, brace yourselves for (yet another) price increase. According to Paultan, car prices could spike by 10-30% next year. The government is introducing a “new” regulation for excise duty on locally assembled cars.
‘I Can’t Sleep’ – M’sian Who Won RM34.9mil Sports Toto Jackpot Says He Didn’t Expect To Win
In 1996, a brand new Proton Wira Aeroback cost RM57,875.81. The premium model, which is a 1.8 litre engine auto, retailed at RM73,033.76. But how does it compare to cars today?
Were buying cars back then harder than now? (90's)
JPMorgan warns of downside risks for Malaysia’s Data Centres, downgrading GAMUDA and SUNCON. Both stocks (and other notable construction counters) fell more than 20% in the past week.
Malaysia to embrace cryptocurrencies and use of blockchain technologies?
How much is "enough" for you to live right now? Why this amount?
Housewife shares on Facebook how she manages to save RM200-250 per month on husband’s RM1,500 salary. After EPF deductions, the take-home pay is only RM1,335. 😬
Johorians in 🇸🇬, does this entice you to come home?
More than 350,000 travel across the Causeway everyday, making it one of the busiest land border crossings in the world. The Rapid Transit System (RTS) link, which connects Johor and Woodlands SG, will be a game changer at reducing congestion.
Malaysians may no longer need passports to travel between Johor and Singapore. This is part of the JS-SEZ agreement signed by both countries recently.
