myASNB Lets You Build Your Emergency Fund And More With Goal-Based Investing

When it comes to saving money, there is usually more than one thing we’re saving up for. Whether it is for retirement, a new home, a new smartphone, or even your annual holiday, it is extremely unlikely that you’ll focus only on one of these goals at a time. And of course, now that we know its importance, many of us are now building up an emergency fund, too.

With multiple financial goals to save up for, it is easy to lose track or worse, get demotivated from the seemingly slow progress. Thankfully, an investment concept called goal-based investing has helped many people across the world to achieve their short- and long-term financial goals. Goal-based investing has many benefits – but the most important one is helping you stay focused and maintain your investment contributions to reach your targets. And, thanks to technology and smart algorithms, you can get fairly accurate estimates on when you can reach these goals based on your investment input, and then adjust them accordingly.

Amanah Saham Nasional Berhad (ASNB) recently
upgraded its myASNB
mobile app to include a new goal-based investing feature named Target Labur designed to help users save up for multiple goals. Let’s find out how you can achieve your financial goals with Target Labur!

Investment strategy based on your financial goals

As mentioned earlier, goal-based investment focuses on helping you reach your financial goals, giving purpose to your investments instead of earning as much return as possible. This gives you a mental model of a target to achieve, which will motivate you to stay invested and hit those goals.

Before placing an investment, you can choose your personal goals and a suitable investment portfolio or strategy will be recommended to help achieve these goals. For example, if your goals are to save up for retirement (a long term goal) while setting aside some funds to travel next year (a short term goal), a goal-based investment platform may suggest a more aggressive portfolio or strategy for the long-term goal to maximise returns over a longer investment horizon, and a more conservative one for your holiday fund to preserve your capital.

As goal-based investments give you focus on the end result, it also helps you to be less jittery towards poor market conditions and make impulsive decisions.

Plan for short- and long-term goals simultaneously

One aspect of traditional investing is to seek positive returns over time, but without a specific goal or profit amount, an investor can be tempted to take profit or cut losses without further consideration. Worse, the investor may even stop investing and use the funds to spend on unnecessary items instead.

But when you invest with a clear reason in mind – and especially for important ones – you’ll be more likely to remain motivated throughout the investment cycle, regardless if it is a short-term one or a longer-term investment.

With the enhanced myASNB app, users can set up not just one goal, but multiple investment goals easily. Simply click on Target Labur on your myASNB and select a suggested goal or create your own goal. The selection of goals available on Target Labur covers both short- and long-term goals including creating an emergency fund, planning for a retirement and various others.

Once you’ve selected your goal, you can then key in your target amount and time frame to reach it according to your own preference. The app will then offer suggestions for monthly investment amounts based on myASNB’s investment products, their risk profiles, and historical returns. What’s more, you can create as many goals as you like, so each and every one of your savings goals can have its own entry.

Easily keep track of your progress

After setting your goals, it’s only right to keep a close eye on the progress so you know you’re on track and stay motivated. With Target Labur, you can get an overview of your progress towards your goals on the app conveniently. Moreover, the overview report is presented in an easy-to-understand format that includes charts showing overall progress towards your goals.

In addition, it also breaks down the goal into smaller monthly goals for a more focused perspective. As investors are able to observe their progress and actively participate in realising their goals, they will feel more encouraged to stay committed and continue setting aside funds each month.

And then, there’s the highly satisfying feeling of accomplishment when you meet the target amount within your targeted time frame!

Hassle-free enrolment

Although movement restrictions have eased, we’re still practising social distancing measures to prevent the spread of Covid-19 and may not leave our homes as often as before. The upgraded myASNB app and its Target Labur feature bring convenience to investing as users can get started digitally without visiting any physical branches. Simply follow the steps below to get started:

Download myASNB –
Download the myASNB app for free from Google Play, the App Store, and the Huawei AppGallery. Make sure that your app is updated to the latest version.
Account Opening –
Fill in all required details and submit your ID to verify your identity.
Login Credentials –
Create your username, password and secure phrase for your login credentials.
Initial Investment –
Start your very first initial investment with ASNB unit trust funds.

If you’re already investing with ASNB, the ‘Initial Investment’ feature on Target Labur allows you to allocate part or all of your existing investments in ASNB products towards a goal, giving you a “headstart” to reaching your targets.

***

To further encourage Malaysians to invest, ASNB is always running contests to give users the opportunity to win some prizes. This time around, ASNB users who set up two goals worth RM5,000 on Target Labur will stand a chance to win prizes worth up to RM200,000.

Now that you know more about Target Labur, you can download the myASNB app and start working towards your financial goals today!

Find out more about Target Labur today!

3.8

4

votes

Article Rating

SHARE

TAGS:

ASNB

goal-based investment

Investment

jomlabur

myASNB

myASNB app

myASNB Target Labur

prizes

About THE AUTHOR

Chee Jo-Ey

Chee Jo-Ey

See all articles

Comments

 (0)

Subscribe

Notify of

new follow-up comments

new replies to my comments

Label

Name

Email

Δ

Label

Name

Email

Δ

0
 Comments

 Inline Feedbacks

View all comments


How to Know Exactly What Kind of Insurance You Need

You can spend it, save it, invest it, and donate it, but what else can you do with money? One smart way to make sure your extra disposable income is being put to good use would be to apply for an insurance policy. However, insurance isn’t one of those products you can just buy from the store like a bottle of ketchup. There are various types of insurance policies catering to different needs, which means there isn’t a one-size-fits-all policy. There are a lot of things to consider beforehand, such as your health, what you want insured, and other little details as well.

Life Insurance

The purpose of getting life insurance for yourself is to provide financial protection for the people who depend on you, after your death. How much they need to be covered for depends a lot on your life and financial situation.

A good rule of thumb is to purchase enough life insurance so that your family can live off the interest of the payout. You will need to determine your family’s annual cost of living, and then work backwards to figure out how much life insurance you should purchase.

Medical Insurance

With medical insurance, the important factors to consider besides affordability are age, family history, and lifestyle. It is always good practice to buying medical insurance as early as possible, since there is less risk of exposure to age-related illnesses or diseases and thus, not having to pay loading. While the premium you pay will change as you grow older, being protected early on is always a good thing – you’ll never know when life takes a turn for the worse.

Your family’s medical history is another thing to keep in mind. If you have a history of certain hereditary conditions like high blood pressure, diabetes, or heart disease, you may need extra coverage. Some complicated conditions can only be treated overseas, so if you have a history of them in your family, you need to factor that in.

Lastly, your lifestyle is also an important factor. If you’re a smoker or a drinker, and are not taking steps to curtail these behaviours anytime soon, you should look into policies that can cover the potential health complications that might arise as a result of your lifestyle.

Motor Insurance

Between 3
rd
 party car insurance and comprehensive motor insurance, which should you insure with? Some of you tend to go for 3
rd
 party insurance just to save the insurance cost. However, you might end up paying out more in the long run especially when you get into an accident whereby the affected party can claim from your insurer but you have to fork out the repair cost yourself.

Therefore, comprehensive motor insurance will be a better option which covers your car against liabilities to other parties for death or bodily injuries, damages to other parties’ properties, accidental or fire damages to your car, and theft of your car. So, actually it works out cheaper for you in long run should things ever take a turn for the worse.

The No Claim Discount (NCD) is another detail for you to remember. It is a discount provided to you when you don’t make any insurance claims during a specified period. This means if you’re do not claim for any insurance payouts in the previous year, you will get a discount when you renew your insurance for the next 12-month period. The NCD can go as high as 30%, which takes a huge chunk off the next year’s policy. Remember that the NCD is tied to your name, and not the car. So, you can transfer it to a car with a more expensive insurance premium (to get a more effective discount) if you wish.

Home Insurance

There are two types of home insurance that are most commonly found in Malaysia. The first is the fire or houseowner policy that covers damage to the structure of the house, such as the walls, roof, garage, fixtures and fittings, against damage to the insured property caused by fire, lightning, or explosions.

Keep in mind that your insurance coverage can be based on the value of your property or the cost of reconstruction and repairs.

The other is the householder policy, which covers your household’s contents and includes coverage for fatal injury to you as the insured, but does not usually cover damage to the house itself.

Travel Insurance

While travel insurance is typically established as a way to safeguard against luggage problems, the most powerful benefit actually lies in emergency medical evacuation and repatriation. But don’t worry, basic policies also offer coverage against personal accidents on top of medical coverage and protection against travel inconveniences.

One thing to keep in mind the most with travel insurance is whether or not you need a trip-specific insurance or a year round policy. Of course, this depends on your frequency of travel and affordability. You should also consider whether or not a single-person policy is the right choice for you or if a family policy would be better.

How to Choose?

Now that you’re aware of the basics of each area of insurance, you should have a better understanding of how to pick the right policy that fits your needs. However, you may still require some help when it comes to the finer details, such as how much your premiums might cost you, how to plan your finances to comfortably afford it, and how much you can save if you switch out your current policies.

An example of this help would be the Needs Discovery tool by Allianz Insurance, an interactive and easy tool that provides a glance of your financial situation and identifies gaps in your insurance coverage. This tool helps you make tailor-made insurance solutions for every individual based on one’s needs and finances.

Allianz has also launched their ‘
Allianz Discover A-Z Campaign
’ where you can know more about the different insurance products and services in a fun and engaging way.

The campaign features a microsite with daily activities for you to learn more about Allianz insurance products and services. Throughout your journey of discovery, you can also earn entries to a contest where you stand to win prizes like mobile phones, smart TVs, Fitbit activity trackers, shopping vouchers, and more. Moreover, those who choose to go through the use of the Needs Discovery tool with an Allianz life insurance agent can accelerate their entries earned as their subsequent entries will be doubled, making their chances to win the prizes higher.

0

0

votes

Article Rating

SHARE

TAGS:

Allianz

Allianz Discover A-Z Campaign

Home Insurance

Life Insurance

Medical Insurance

Motor Insurance

Travel Insurance

About THE AUTHOR

ringgitplus

ringgitplus

See all articles

Comments

 (0)

Subscribe

Notify of

new follow-up comments

new replies to my comments

Label

Name

Email

Δ

Label

Name

Email

Δ

0
 Comments

 Inline Feedbacks

View all comments


CIMB Campaign Offers Cardholders 5x Bonus Points For Groceries, 50% PWP Rebate, & Reduced Rates For Voucher Redemptions

From today until 30 September 2020, CIMB is running a campaign that lets its credit cardholders earn 5x Bonus Points when they shop at selected grocery stores, get a 50% Bonus Points rebate when they choose to Pay With Points, and redeem vouchers at reduced Bonus Points rates.

5x Bonus Points Campaign

For the 5x CIMB Bonus Points offer, you will be able to earn 5x the usual Bonus Points when you pay for your groceries at selected retailers – such as Jaya Grocer, Aeon, Tesco, Econsave, and 99 Speedmart – with the following cards:

CIMB Preferred Visa Infinite

CIMB Visa Infinite

CIMB World Mastercard

CIMB Visa Signature

CIMB e Credit Card

CIMB Platinum/Platinum-i

Throughout the campaign period, you are able to earn a maximum of 3,000 Bonus Points per month, which means that you stop earning 5x Bonus Points after you have spent RM600 for that month. Note also that the bank has allocated a total of 60 million Bonus Points per month for this promotion, and is disbursing them on a first-come, first-served basis.

(Image: The Star)

50% Bonus Point Rebate Campaign

Meanwhile, cardholders using the aforementioned cards are also entitled to receive a 50% rebate on their Bonus Points if they opt for the Pay With Points option at selected retailers, at a conversion rate of 400 Bonus Points = RM1. The rebate, however, is capped at 10,000 Bonus Points per month (equivalent to RM25) for each cardholder during the campaign period. In other words, you’ll only get the full 50% rebate if you use Pay With Points for items worth up to RM50 (i.e. 20,000 Bonus Points).

CIMB has earmarked a separate 40 million Bonus Points per month for this promotion, and will also distribute them to eligible cardholders on a first-come, first-served basis.

According to CIMB, all the Bonus Points earned will be credited into your account within six weeks after the end of each participating month. Alternatively, you can notify CIMB within 12 weeks after the end of the campaign period if the Bonus Points are not credited to you.

Discounted Rates For Voucher Redemption

In addition to the above promotions, CIMB is also allowing its cardholders to exchange various vouchers, promo codes, and credits at a conversion rate of 400 Bonus Points = RM1 for a limited time. These include vouchers and credits worth RM50 from Zalora, Lazada, Grab, and Shopee – all of which can be redeemed at 20,000 Bonus Points instead of the usual 23,600 Bonus Points.

You can find out more about CIMB’s ongoing campaign and the full list of participating retailers at
CIMB’s website
.

3

1

vote

Article Rating

SHARE

TAGS:

CIMB

CIMB Bonus Points

CIMB ePlatinum

CIMB Platinum/Platinum-i

CIMB Preferred Visa Infinite

CIMB Visa Infinite

CIMB Visa Signature

CIMB World Mastercard

About THE AUTHOR

Alex Cheong Pui Yin

Alex Cheong Pui Yin

Previously covered recruitment-related stories and had a short stint as a copywriter for the property industry. She subsequently developed an interest in investment and robo-advisors.

See all articles

Comments

 (0)

Subscribe

Notify of

new follow-up comments

new replies to my comments

Label

Name

Email

Δ

Label

Name

Email

Δ

0
 Comments

 Inline Feedbacks

View all comments


Petrol Price Malaysia Live Updates (RON95, RON97 & Diesel)

“What’s the petrol price for this week?” What we once take for granted has now become a weekly phenomenon. Here we help you make sense out of the yo-yo movements of the weekly petrol price.

Updated Prices for Petrol from 7 September 2023 to 13 September 2023:

RON95 : RM2.05 per litre (0 sen)

RON97 : RM3.37 per litre (0 sen)

Diesel : RM2.15 per litre (0 sen)

Updates: For the week of 7 September 2023 to 13 September 2023, fuel prices for RON95 and RON97 will remain unchanged at RM2.05 and RM3.37 per litre, respectively. Diesel, too, will stay put at RM2.15 per litre.

The price for both RON95 and diesel have remained unchanged over 2018 as the government had implemented the Automated Pricing Mechanism, but significant changes in the global fuel price over the week have compelled the government to reintroduce weekly fuel pricing for RON95 and diesel as well.

Want to save more money while pumping petrol? Check out our list of the
best cashback credit cards for petrol
 and save even if the weekly petrol prices go up!

Petrol Fuel Price History

Weekly Fuel Price Update
RON95
RON97
Diesel
Sept 7, 2023 – Sept 13, 2023
RM2.05
(RM0)
RM3.37
(RM0)
RM2.15
(RM0)
Aug 31, 2023 – Sept 6, 2023
RM2.05 (RM0)
RM3.37 (RM0)
RM2.15 (RM0)
Aug 24, 2023 – Aug 30, 2023
RM2.05 (RM0)
RM3.37 (RM0)
RM2.15 (RM0)
Aug 17, 2023 – Aug 23, 2023
RM2.05 (RM0)
RM3.37 (RM0)
RM2.15 (RM0)
Aug 10, 2023 – Aug 16, 2023
RM2.05 (RM0)
RM3.37 (RM0)
RM2.15 (RM0)
Aug 3, 2023 – Aug 9, 2023
RM2.05 (RM0)
RM3.37 (RM0)
RM2.15 (RM0)
July 27, 2023 – Aug 2, 2023
RM2.05 (RM0)
RM3.37 (RM0)
RM2.15 (RM0)
July 20, 2023 – July 26, 2023
RM2.05 (RM0)
RM3.37 (RM0)
RM2.15 (RM0)
July 13, 2023 – July 19, 2023
RM2.05 (RM0)
RM3.37 (RM0)
RM2.15 (RM0)
July 6, 2023 – July 12, 2023
RM2.05 (RM0)
RM3.37 (RM0)
RM2.15 (RM0)
June 29, 2023 – July 5, 2023
RM2.05 (RM0)
RM3.37 (RM0)
RM2.15 (RM0)
June 22, 2023 – June 28, 2023
RM2.05 (RM0)
RM3.37 (RM0)
RM2.15 (RM0)
June 15, 2023 – June 21, 2023
RM2.05 (RM0)
RM3.37 (RM0)
RM2.15 (RM0)
June 8, 2023 – June 14, 2023
RM2.05 (RM0)
RM3.37 (RM0)
RM2.15 (RM0)
June 1, 2023 – June 7, 2023
RM2.05 (RM0)
RM3.37
(+RM0.02)
RM2.15 (RM0)
May 25, 2023 – May 31, 2023
RM2.05 (RM0)
RM3.35 (RM0)
RM2.15 (RM0)
May 18, 2023 – May 24, 2023
RM2.05 (RM0)
RM3.35 (RM0)
RM2.15 (RM0)
May 11, 2023 – May 17, 2023
RM2.05 (RM0)
RM3.35 (RM0)
RM2.15 (RM0)
May 4, 2023 – May 10, 2023
RM2.05 (RM0)
RM3.35 (RM0)
RM2.15 (RM0)
Apr 27, 2023 – May 3, 2023
RM2.05 (RM0)
RM3.35 (RM0)
RM2.15 (RM0)
Apr 20, 2023 – Apr 26, 2023
RM2.05 (RM0)
RM3.35 (RM0)
RM2.15 (RM0)
Apr 13, 2023 – Apr 19, 2023
RM2.05 (RM0)
RM3.35 (RM0)
RM2.15 (RM0)
Apr 6, 2023 – Apr 12, 2023
RM2.05 (RM0)
RM3.35 (RM0)
RM2.15 (RM0)
Mar 30, 2023 – Apr 5, 2023
RM2.05 (RM0)
RM3.35 (RM0)
RM2.15 (RM0)
Mar 23, 2023 – Mar 29, 2023
RM2.05 (RM0)
RM3.35 (RM0)
RM2.15 (RM0)
Mar 16, 2023 – Mar 22, 2023
RM2.05 (RM0)
RM3.35 (RM0)
RM2.15 (RM0)
Mar 9, 2023 – Mar 15, 2023
RM2.05 (RM0)
RM3.35 (RM0)
RM2.15 (RM0)
Mar 2, 2023 – Mar 8, 2023
RM2.05 (RM0)
RM3.35 (RM0)
RM2.15 (RM0)
Feb 23, 2023 – Mar 1, 2023
RM2.05 (RM0)
RM3.35 (RM0)
RM2.15 (RM0)
Feb 16, 2023 – Feb 22, 2023
RM2.05 (RM0)
RM3.35 (RM0)
RM2.15 (RM0)
Feb 9, 2023 – Feb 15, 2023
RM2.05 (RM0)
RM3.35 (RM0)
RM2.15 (RM0)
Feb 2, 2023 – Feb 8, 2023
RM2.05 (RM0)
RM3.35 (RM0)
RM2.15 (RM0)
Jan 26, 2023 – Feb 1, 2023
RM2.05 (RM0)
RM3.35 (RM0)
RM2.15 (RM0)
Jan 19, 2023 – Jan 25, 2023
RM2.05 (RM0)
RM3.35 (RM0)
RM2.15 (RM0)
Jan 12, 2023 – Jan 18, 2023
RM2.05 (RM0)
RM3.35 (RM0)
RM2.15 (RM0)
Jan 5, 2023 – Jan 11, 2023
RM2.05 (RM0)
RM3.35 (RM0)
RM2.15 (RM0)
Dec 29, 2022 – Jan 4, 2023
RM2.05 (RM0)
RM3.35 (RM0)
RM2.15 (RM0)
Dec 22, 2022 – Dec 28, 2022
RM2.05 (RM0)
RM3.35
(-RM0.20)
RM2.15 (RM0)
Dec 15, 2022 – Dec 21, 2022
RM2.05 (RM0)
RM3.55
(-RM0.20)
RM2.15 (RM0)
Dec 8, 2022 – Dec 14, 2022
RM2.05 (RM0)
RM3.75
(-RM0.10)
RM2.15 (RM0)
Dec 1, 2022 – Dec 7, 2022
RM2.05 (RM0)
RM3.85
(-RM0.10)
RM2.15 (RM0)
Nov 24, 2022 – Nov 30, 2022
RM2.05 (RM0)
RM3.95 (RM0)
RM2.15 (RM0)
Nov 17, 2022 – Nov 23, 2022
RM2.05 (RM0)
RM3.95 (RM0)
RM2.15 (RM0)
Nov 10, 2022 – Nov 16, 2022
RM2.05 (RM0)
RM3.95 (RM0)
RM2.15 (RM0)
Nov 3, 2022 – Nov 9, 2022
RM2.05 (RM0)
RM3.95 (RM0)
RM2.15 (RM0)
Oct 27, 2022 – Nov 2, 2022
RM2.05 (RM0)
RM3.95 (RM0)
RM2.15 (RM0)
Oct 20, 2022 – Oct 26, 2022
RM2.05 (RM0)
RM3.95 (RM0)
RM2.15 (RM0)
Oct 13, 2022 – Oct 19, 2022
RM2.05 (RM0)
RM3.95 (RM0)
RM2.15 (RM0)
Oct 6, 2022 – Oct 12, 2022
RM2.05 (RM0)
RM3.95
(-RM0.05)
RM2.15 (RM0)
Sept 29, 2022 – Oct 5, 2022
RM2.05 (RM0)
RM4.00
(-RM0.05)
RM2.15 (RM0)
Sept 22, 2022 – Sept 28, 2022
RM2.05 (RM0)
RM4.05
(-RM0.10)
RM2.15 (RM0)
Sept 15, 2022 – Sept 21, 2022
RM2.05 (RM0)
RM4.15
(-RM0.05)
RM2.15 (RM0)
Sept 8, 2022 – Sept 14, 2022
RM2.05 (RM0)
RM4.20
(-RM0.10)
RM2.15 (RM0)
Sept 1, 2022 – Sept 7, 2022
RM2.05 (RM0)
RM4.30
(RM0)
RM2.15 (RM0)
Aug 25, 2022 – Aug 31, 2022
RM2.05 (RM0)
RM4.30
(-RM0.05)
RM2.15 (RM0)
Aug 18, 2022 – Aug 24, 2022
RM2.05 (RM0)
RM4.35
(-RM0.05)
RM2.15 (RM0)
Aug 11, 2022 – Aug 17, 2022
RM2.05 (RM0)
RM4.40
(-RM0.10)
RM2.15 (RM0)
Aug 4, 2022 – Aug 10, 2022
RM2.05 (RM0)
RM4.50
(-RM0.05)
RM2.15 (RM0)
July 28, 2022 – Aug 3, 2022
RM2.05 (RM0)
RM4.55
(-RM0.10)
RM2.15 (RM0)
July 21, 2022 – July 27, 2022
RM2.05 (RM0)
RM4.65
(-RM0.10)
RM2.15 (RM0)
July 14, 2022 – July 20, 2022
RM2.05 (RM0)
RM4.75
(-RM0.05)
RM2.15 (RM0)
July 7, 2022 – July 13, 2022
RM2.05 (RM0)
RM4.80
(-RM0.04)
RM2.15 (RM0)
June 30, 2022 – July 6, 2022
RM2.05 (RM0)
RM4.84 (RM0)
RM2.15 (RM0)
June 23, 2022 – June 29, 2022
RM2.05 (RM0)
RM4.84
(+RM0.01)
RM2.15 (RM0)
June 16, 2022 – June 22, 2022
RM2.05 (RM0)
RM4.83
(+RM0.11)
RM2.15 (RM0)
June 9, 2022 – June 15, 2022
RM2.05 (RM0)
RM4.72
(+RM0.02
)
RM2.15 (RM0)
June 2, 2022 – June 8, 2022
RM2.05 (RM0)
RM4.70 (RM0)
RM2.15 (RM0)
May 26, 2022 – June 1, 2022
RM2.05 (RM0)
RM4.70
(+RM0.37)
RM2.15 (RM0)
May 19, 2022 – May 25, 2022
RM2.05 (RM0)
RM4.33
(+RM0.02)
RM2.15 (RM0)
May 12, 2022 – May 18, 2022
RM2.05 (RM0)
RM4.31
(+RM0.37)
RM2.15 (RM0)
May 5, 2022 – May 11, 2022
RM2.05 (RM0)
RM3.94 (RM0)
RM2.15 (RM0)
April 28, 2022 – May 4, 2022
RM2.05 (RM0)
RM3.94
(+RM0.13)
RM2.15 (RM0)
April 21, 2022 – April 27, 2022
RM2.05 (RM0)
RM3.81 (RM0)
RM2.15 (RM0)
April 14, 2022 – April 20, 2022
RM2.05 (RM0)
RM3.81 (RM0)
RM2.15 (RM0)
April 7, 2022 – April 13, 2022
RM2.05 (RM0)
RM3.81
(-RM0.10)
RM2.15 (RM0)
March 31, 2022 – April 6, 2022
RM2.05 (RM0)
RM3.91
(+RM0.08)
RM2.15 (RM0)
March 24, 2022 – March 30, 2022
RM2.05 (RM0)
RM3.85
(-RM0.17)
RM2.15 (RM0)
March 17, 2022 – March 23, 2022
RM2.05 (RM0)
RM4.00
(+RM0.25)
RM2.15 (RM0)
March 10, 2022 – March 16, 2022
RM2.05 (RM0)
RM3.75
(+RM0.30)
RM2.15 (RM0)
March 3, 2022 – March 9, 2022
RM2.05 (RM0)
RM3.45
(+RM0.16)
RM2.15 (RM0)
February 24, 2022 – March 2, 2022
RM2.05 (RM0)
RM3.29
(+RM0.02)
RM2.15 (RM0)
February 17, 2022 – February 23, 2022
RM2.05 (RM0)
RM3.27
(+RM0.06)
RM2.15 (RM0)
February 10, 2022 – February 16, 2022
RM2.05 (RM0)
RM3.21
(+RM0.09)
RM2.15 (RM0)
February 3, 2022 – February 9, 2022
RM2.05 (RM0)
RM3.12 (RM0)
RM2.15 (RM0)
January 27, 2022 – February 2, 2022
RM2.05 (RM0)
RM3.12
(+RM0.05)
RM2.15 (RM0)
January 20, 2022 – January 26, 2022
RM2.05 (RM0)
RM3.07 (RM0)
RM2.15 (RM0)
January 13, 2022 – January 19, 2022
RM2.05 (RM0)
RM3.07
(+RM0.04)
RM2.15 (RM0)
January 6, 2022 – January 12, 2022
RM2.05 (RM0)
RM3.03
(+RM0.03)
RM2.15 (RM0)
December 30, 2021 – January 5, 2022
RM2.05 (RM0)
RM3.00
(+RM0.01)
RM2.15 (RM0)
December 23 – December 29, 2021
RM2.05 (RM0)
RM2.99
(-RM0.01)
RM2.15 (RM0)
December 16 – December 22, 2021
RM2.05 (RM0)
RM3.00
(+RM0.01)
RM2.15 (RM0)
December 9 – December 15, 2021
RM2.05 (RM0)
RM2.99
(-RM0.03)
RM2.15 (RM0)
December 2 – December 8, 2021
RM2.05 (RM0)
RM3.02
(-RM0.03)
RM2.15 (RM0)
November 25 – December 1, 2021
RM2.05 (RM0)
RM3.05
(-RM0.03)
RM2.15 (RM0)
November 18 – November 24, 2021
RM2.05 (RM0)
RM3.08 (RM0)
RM2.15 (RM0)
November 11 – November 17, 2021
RM2.05 (RM0)
RM3.08
(+RM0.02)
RM2.15 (RM0)
November 4 – November 10, 2021
RM2.05 (RM0)
RM3.06
(+RM0.09)
RM2.15 (RM0)
October 28 – November 3, 2021
RM2.05 (RM0)
RM2.97
(+RM0.10)
RM2.15 (RM0)
October 21 – October 27, 2021
RM2.05 (RM0)
RM2.87 (RM0)
RM2.15 (RM0)
October 14 – October 20, 2021
RM2.05 (RM0)
RM2.87
(+RM0.10)
RM2.15 (RM0)
October 7 – October 13, 2021
RM2.05 (RM0)
RM2.77
(+RM0.01)
RM2.15 (RM0)
September 30 – October 6, 2021
RM2.05 (RM0)
RM2.76
(+RM0.01)
RM2.15 (RM0)
September 23 – September 29, 2021
RM2.05 (RM0)
RM2.75
(+RM0.02)
RM2.15 (RM0)
September 16 – September 22, 2021
RM2.05 (RM0)
RM2.73 (RM0)
RM2.15 (RM0)
September 9 – September 15, 2021
RM2.05 (RM0)
RM2.73
(+RM0.01)
RM2.15 (RM0)
September 2 – September 8, 2021
RM2.05 (RM0)
RM2.72 (RM0)
RM2.15 (RM0)
August 26 – September 1, 2021
RM2.05 (RM0)
RM2.72
(-RM0.02)
RM2.15 (RM0)
August 19 – August 25, 2021
RM2.05 (RM0)
RM2.74 (RM0)
RM2.15 (RM0)
August 12 – August 18, 2021
RM2.05 (RM0)
RM2.74 (RM0)
RM2.15 (RM0)
August 5 – August 11, 2021
RM2.05 (RM0)
RM2.74 (RM0)
RM2.15 (RM0)
July 29 – August 4, 2021
RM2.05 (RM0)
RM2.74
(+RM0.01)
RM2.15 (RM0)
July 22 – July 28, 2021
RM2.05 (RM0)
RM2.73 (RM0)
RM2.15 (RM0)
July 15 – July 21, 2021
RM2.05 (RM0)
RM2.73
(+RM0.03)
RM2.15 (RM0)
July 8 – July 14, 2021
RM2.05 (RM0)
RM2.70
(+RM0.01)
RM2.15 (RM0)
July 1 – July 7, 2021
RM2.05 (RM0)
RM2.69
(+RM0.02)
RM2.15 (RM0)
June 24 – June 30, 2021
RM2.05 (RM0)
RM2.67 (RM0)
RM2.15 (RM0)
June 17 – June 23, 2021
RM2.05 (RM0)
RM2.67
(+RM0.02)
RM2.15 (RM0)
June 10 – June 16, 2021
RM2.05 (RM0)
RM2.65
(+RM0.02)
RM2.15 (RM0)
June 3 – June 9, 2021
RM2.05 (RM0)
RM2.63
(+RM0.02)
RM2.15 (RM0)
May 27 – June 2, 2021
RM2.05 (RM0)
RM2.61 (RM0)
RM2.15 (RM0)
May 20 – May 26, 2021
RM2.05 (RM0)
RM2.61
(+RM0.01)
RM2.15 (RM0)
May 13 – May 19, 2021
RM2.05 (RM0)
RM2.60 (RM0)
RM2.15 (RM0)
May 6 – May 12, 2021
RM2.05 (RM0)
RM2.60
(+RM0.02)
RM2.15 (RM0)
April 29 – May 5, 2021
RM2.05 (RM0)
RM2.58 (RM0)
RM2.15 (RM0)
April 22 – April 28, 2021
RM2.05 (RM0)
RM2.58
(+RM0.04)
RM2.15 (RM0)
April 15 – April 21, 2021
RM2.05 (RM0)
RM2.54 (RM0)
RM2.15 (RM0)
April 8 – April 14, 2021
RM2.05 (RM0)
RM2.54
(+RM0.02)
RM2.15 (RM0)
April 1 – April 7, 2021
RM2.05 (RM0)
RM2.52
(+RM0.02)
RM2.15 (RM0)
March 25 – March 31, 2021
RM2.05 (RM0)
RM2.50
(+RM0.03)
RM2.15 (RM0)
March 18 – March 24, 2021
RM2.05 (RM0)
RM2.47
(+RM0.07)
RM2.15 (RM0)
March 11 – March 17, 2021
RM2.05 (RM0)
RM2.40
(+RM0.05)
RM2.15 (RM0)
March 4 – March 10, 2021
RM2.05 (RM0)
RM2.35 (RM0)
RM2.15 (RM0)
February 27 – March 3, 2021
RM2.05 (+RM0.05)
RM2.35 (+RM0.05)
RM2.15
(RM0)
February 20 – February 26, 2021
RM2.00 (+RM0.04)
RM2.30 (+RM0.04)
RM2.15 (RM0)
February 13 – February 19, 2021
RM1.96 (+RM0.03)
RM2.26 (+RM0.03)
RM2.15
(+RM0.04)
February 6 – February 12, 2021
RM1.93 (+RM0.03)
RM2.23 (+RM0.03)
RM2.11
(+RM0.04)
January 30 – February 5, 2021
RM1.90
(RM0)
RM2.20
(RM0)
RM2.07
(-RM0.02)
January 23 – January 29, 2021
RM1.90 (+RM0.01)
RM2.20 (+RM0.01)
RM2.09
(+RM0.04)
January 16 – January 22, 2021
RM1.89 (+RM0.05)
RM2.19 (+RM0.05)
RM2.05
(+RM0.03)
January 9 – January 15, 2021
RM1.84
(RM0)
RM2.14
(RM0)
RM2.02
(+RM0.01)
January 2 – January 8, 2021
RM1.84 (+RM0.04)
RM2.14 (+RM0.04)
RM2.01
(+RM0.03)
December 26, 2020 – January 1, 2021
RM1.80 (+RM0.02)
RM2.10 (+RM0.02)
RM1.98 (+RM0.02)
December 19 – December 25, 2020
RM1.78 (+RM0.05)
RM2.08 (+RM0.05)
RM1.96 (+RM0.03)
December 12 – December 18, 2020
RM1.73 (+RM0.03)
RM2.03 (+RM0.03)
RM1.93 (+RM0.03)
December 5 – December 11, 2020
RM1.70 (+RM0.03)
RM2.00 (+RM0.03)
RM1.90 (+RM0.05)
November 28 – December 4, 2020
RM1.67 (+RM0.03)
RM1.97 (+RM0.03)
RM1.85 (+RM0.04)
November 21 – November 27, 2020
RM1.64
(+RM0.02)
RM1.94
(+RM0.02)
RM1.81
(+RM0.07)
November 14 – November 20, 2020
RM1.62
(+RM0.01)
RM1.92
(+RM0.01)
RM1.74
(+RM0.06)
November 7 – November 13, 2020
RM1.61
(-RM0.03)
RM1.91
(-RM0.03)
RM1.68
(-RM0.06)
October 31 – November 6, 2020
RM1.64 (RM0)
RM1.94 (RM0)
RM1.74 (RM0)
October 24 – October 30, 2020
RM1.64
(-RM0.04)
RM1.94
(-RM0.04)
RM1.74 (RM0)
October 17 – October 23, 2020
RM1.68 (+RM0.01)
RM1.98 (+RM0.01)
RM1.74 (+RM0.05)
October 10 – October 16, 2020
RM1.67
(-RM0.04)
RM1.97
(-RM0.04)
RM1.69
(-RM0.01)
October 3 – October 9, 2020
RM1.71
(+RM0.03)
RM2.01
(+RM0.03)
RM1.70
(-RM0.01)
September 26 – October 2, 2020
RM1.68
(+RM0.05)
RM1.98
(+RM0.05)
RM1.71
(+RM0.04)
September 19 – September 25, 2020
RM1.63
(-RM0.03)
RM1.93
(-RM0.03)
RM1.67
(-RM0.05)
September 12 – September 18, 2020
RM1.66
(-RM0.05)
RM1.96
(-RM0.05)
RM1.72
(-RM0.06)
September 5 – September 11, 2020
RM1.71
(-RM0.01)
RM2.01
(-RM0.01)
RM1.78 (RM0)
August 29 – September 4, 2020
RM1.72
(+RM0.01)
RM2.02
(+RM0.01)
RM1.78
(-RM0.02)
August 22 – August 28, 2020
RM1.71
(+RM0.03)
RM2.01
(+RM0.03)
RM1.80
(RM-0.02)
August 15 – August 21, 2020
RM1.68
(+RM0.05)
RM1.98
(+RM0.05)
RM1.82
(+RM0.03)
August 8 – August 14, 2020
RM1.63
(-RM0.05)
RM1.93
(-RM0.05)
RM1.79
(-RM0.04)
August 1 – August 7, 2020
RM1.68 (RM0)
RM1.98 (RM0)
RM1.83
(+RM0.01)
July 25 – July 31, 2020
RM1.68
(-RM0.04)
RM1.98
(-RM0.04)
RM1.82
(-RM0.05)
July 18 – July 24, 2020
RM1.72 (RM0)
RM2.02 (RM0)
RM1.87 (RM0)
July 11 – July 17, 2020
RM1.72
(+RM0.07)
RM2.02
(+RM0.07)
RM1.87
(-RM0.03)
July 4 – July 10, 2020
RM1.65
(-RM0.04)
RM1.95
(-RM0.04)
RM1.84
(-RM0.02)
June 27 – July 3, 2020
RM1.69 (+RM0.10)
RM1.99 (+RM0.10)
RM1.86 (+RM0.09)
June 20 – June 26, 2020
RM1.59 (+RM0.03)
RM1.89 (+RM0.03)
RM1.77 (+RM0.04)
June 13 – June 19, 2020
RM1.56 (+RM0.08)
RM1.86 (+RM0.08)
RM1.73 (+RM0.10)
June 6 – June 12, 2020
RM1.48 (+RM0.05)
RM1.78 (+RM0.05)
RM1.63 (+RM0.02)
May 30 – June 5, 2020
RM1.43 (+RM0.05)
RM1.73 (+RM0.05)
RM1.61 (+RM0.10)
May 23 – May 29, 2020
RM1.38 (+RM0.07)
RM1.68 (+RM0.07)
RM1.51 (+RM0.06)
May 16 – May 22, 2020
RM1.31 (+RM0.06)
RM1.61 (+RM0.06)
RM1.45 (+RM0.05)
May 9 – May 15, 2020
RM1.25 (RM0)
RM1.55 (RM0)
RM1.40 (RM0)
May 2 – May 8, 2020
RM1.25 (RM0)
RM1.55 (RM0)
RM1.40 (RM0)
April 25 – May 1, 2020
RM1.25 (RM0)
RM1.55 (RM0)
RM1.40
(-RM0.03)
April 18 – April 24, 2020
RM1.25 (RM0)
RM1.55 (RM0)
RM1.43
(-RM0.03)
April 11 – April 17, 2020
RM1.25
(-RM0.05)
RM1.55
(-RM0.05)
RM1.46
(-RM0.12)
April 4 – April 10, 2020
RM1.30
(-RM0.08)
RM1.60
(-RM0.08)
RM1.58
(-RM0.10)
March 28 – April 3, 2020
RM1.38
(-RM0.06)
RM1.68
(-RM0.06)
RM1.68
(-RM0.07)
March 21 – March 27, 2020
RM1.44
(-RM0.38)
RM1.74
(-RM0.36)
RM1.75
(-RM0.12)
March 14 – March 20, 2020
RM1.82
(-RM0.07)
RM2.10
(-RM0.09)
RM1.87
(-RM0.09)
March 7 – March 13, 2020
RM1.89
(-RM0.19)
RM2.19
(-RM0.21)
RM1.96
(-RM0.17)
February 29 – March 6, 2020
RM2.08 (RM0)
RM2.40
(+RM0.02)
RM2.13
(-RM0.01)
February 22 – February 28, 2020
RM2.08
(+RM0.02)
RM2.38
(+RM0.02)
RM2.14 (RM0)
February 15 – February 21, 2020
RM2.06
(+RM0.02)
RM2.36
(+RM0.02)
RM2.14
(+RM0.06)
February 8 – February 14, 2020
RM2.04
(-RM0.04)
RM2.34
(-RM0.07)
RM2.08
(-RM0.10)
February 1 – February 7, 2020
RM2.08 (RM0)
RM2.41
(-RM0.08)
RM2.18 (RM0)
January 25 – January 31, 2020
RM2.08 (RM0)
RM2.49
(-RM0.04)
RM2.18 (RM0)
January 18 – January 24, 2020
RM2.08 (RM0)
RM2.53
(-RM0.09)
RM2.18 (RM0)
January 11 – January 17, 2020
RM2.08 (RM0)
RM2.62
(-RM0.03)
RM2.18 (RM0)
January 4 – January 10, 2020
RM2.08 (RM0)
RM2.65 (+RM0.02)
RM2.18 (RM0)
December 28 – January 3, 2020
RM2.08 (RM0)
RM2.63 (+RM0.05)
RM2.18 (RM0)
December 21 – December 27, 2019
RM2.08 (RM0)
RM2.58
(-RM0.06)
RM2.18 (RM0)
December 14 – December 20, 2019
RM2.08 (RM0)
RM2.64 (RM0.00)
RM2.18 (RM0)
December 7 – December 13, 2019
RM2.08 (RM0)
RM2.64
(-RM0.02)
RM2.18 (RM0)
November 30 – December 6, 2019
RM2.08 (RM0)
RM2.66 (RM0.00)
RM2.18 (RM0)
November 23 – November 29, 2019
RM2.08 (RM0)
RM2.66
(-RM0.04)
RM2.18 (RM0)
November 16 – November 22, 2019
RM2.08 (RM0)
RM2.70 (+RM0.13)
RM2.18 (RM0)
November 9 – November 15, 2019
RM2.08 (RM0)
RM2.57 (+RM0.01)
RM2.18 (RM0)
November 2 – November 8, 2019
RM2.08 (RM0)
RM2.56
(-RM0.03)
RM2.18 (RM0)
October 26 – November 1, 2019
RM2.08 (RM0)
RM2.59
(-RM0.09)
RM2.18 (RM0)
October 19 – October 25, 2019
RM2.08 (RM0)
RM2.68 (+RM0.01)
RM2.18 (RM0)
October 12 – October 18, 2019
RM2.08 (RM0)
RM2.67 (+RM0.07)
RM2.18 (RM0)
October 5 – October 11, 2019
RM2.08 (RM0)
RM2.60
(-RM0.19)
RM2.18 (RM0)
September 28 – October 4, 2019
RM2.08 (RM0)
RM2.79 (+RM0.12)
RM2.18 (RM0)
September 21 – September 27, 2019
RM2.08 (RM0)
RM2.67 (+RM0.14)
RM2.18 (RM0)
September 14 – September 20, 2019
RM2.08 (RM0)
RM2.53 (+RM0.03)
RM2.18 (RM0)
September 7 – September 13, 2019
RM2.08 (RM0)
RM2.50 (RM0)
RM2.18 (RM0)
August 31 – September 6, 2019
RM2.08 (RM0)
RM2.50
(-RM0.01)
RM2.18 (RM0)
August 24 – August 30, 2019
RM2.08 (RM0)
RM2.51 (+RM0.02)
RM2.18 (RM0)
August 17 – August 23, 2019
RM2.08 (RM0)
RM2.49 (RM0)
RM2.18 (RM0)
August 10 – August 16, 2019
RM2.08 (RM0)
RM2.49
(-RM0.05)
RM2.18 (RM0)
August 3 – August 9, 2019
RM2.08 (RM0)
RM2.54
(-RM0.02)
RM2.18 (RM0)
July 27 – August 2, 2019
RM2.08 (RM0)
RM2.56
(-RM0.11)
RM2.18 (RM0)
July 20 – July 26, 2019
RM2.08 (RM0)
RM2.67 (+RM0.10)
RM2.18 (RM0)
July 13 – July 19, 2019
RM2.08 (RM0)
RM2.57 (+RM0.04)
RM2.18 (RM0)
July 6 – July 12, 2019
RM2.08 (RM0)
RM2.53 (+RM0.04)
RM2.18 (RM0)
June 29 – July 5, 2019
RM2.08 (RM0)
RM2.49 (+RM0.11)
RM2.18 (RM0)
June 22 – June 28, 2019
RM2.08 (RM0)
RM2.38
(-RM0.03)
RM2.18 (RM0)
June 15 – June 21, 2019
RM2.08 (RM0)
RM2.41
(-RM0.22)
RM2.18 (RM0)
June 1 – June 14, 2019
RM2.08 (RM0)
RM2.63
(-RM0.13)
RM2.18 (RM0)
May 25 – May 31, 2019
RM2.08 (RM0)
RM2.76 (+RM0.08)
RM2.18 (RM0)
May 18 – May 24, 2019
RM2.08 (RM0)
RM2.68
(-RM0.02)
RM2.18 (RM0)
May 11 – May 17, 2019
RM2.08 (RM0)
RM2.70
(-RM0.10)
RM2.18 (RM0)
May 4 – May 10, 2019
RM2.08 (RM0)
RM2.80
(-RM0.01)
RM2.18 (RM0)
Apr 27 – May 3, 2019
RM2.08 (RM0)
RM2.81 (+RM0.01)
RM2.18 (RM0)
Apr 20 – April 26, 2019
RM2.08 (RM0)
RM2.80 (+RM0.12)
RM2.18 (RM0)
Apr 13 – April 19, 2019
RM2.08 (RM0)
RM2.68 (+RM0.05)
RM2.18 (RM0)
Apr 6 – April 12, 2019
RM2.08 (RM0)
RM2.63 (RM0)
RM2.18 (RM0)
March 30 – April 5, 2019
RM2.08 (RM0)
RM2.63 (+RM0.02)
RM2.18 (RM0)
March 23 – March 29, 2019
RM2.08 (RM0)
RM2.61 (+RM0.07)
RM2.18 (RM0)
March 16 – March 22, 2019
RM2.08 (RM0)
RM2.54 (+RM0.08)
RM2.18 (RM0)
March 9 – March 15, 2019
RM2.08 (RM0)
RM2.46 (+RM0.03)
RM2.18 (RM0)
March 2 – March 8, 2019
RM2.08 (RM0)
RM2.43 (+RM0.05)
RM2.18 (RM0)
February 23 – March 1, 2019
RM2.08 (+RM0.10)
RM2.38 (+RM0.10)
RM2.18 (RM0)
February 16 – February 22, 2019
RM1.98 (+RM0.01)
RM2.28 (+RM0.01)
RM2.18 (RM0)
February 9 – February 15, 2019
RM1.97 (+RM0.04)
RM2.27 (+RM0.04)
RM2.18 (RM0)
February 2 – February 8, 2019
RM1.93 (-RM0.05)
RM2.23
(-RM0.05)
RM2.18 (RM0)
January 26 – Feb 1, 2019
RM1.98 (RM0)
RM2.28 (RM0)
RM2.18 (+RM0.01)
January 19 – January 25, 2019
RM1.98 (+RM0.06)
RM2.28 (+RM0.06)
RM2.17 (+RM0.12)
January 12 – January 18, 2019
RM1.92 (-RM0.01)
RM2.22
(-RM0.01)
RM2.05 (+RM0.01)
January 4 – January 11, 2019
RM1.93 (-RM0.27)
RM2.23
(-RM0.27)
RM2.04 (-RM0.14)
December 1 – December 31, 2018
RM2.20 (maintain)
RM2.50
(+RM0.31)
RM2.18 (maintain)
November 1 – November 30, 2018
RM2.20 (maintain)
RM2.81
(+RM0.02)
RM2.18 (maintain)
October 1 – October 31, 2018
RM2.20 (maintain)
RM2.79
(+RM0.14)
RM2.18 (maintain)
September 1 – September 30, 2018
RM2.20 (maintain)
RM2.65
(-RM0.04)
RM2.18 (maintain)
August 30 – August 31, 2018
RM2.20 (maintain)
RM2.69
(+RM0.04)
RM2.18 (maintain)
August 23 – August 29, 2018
RM2.20 (maintain)
RM2.65 (maintain)
RM2.18 (maintain)
August 16 – August 22, 2018
RM2.20 (maintain)
RM2.65
(+RM0.04)
RM2.18 (maintain)
August 9 – August 15, 2018
RM2.20 (maintain)
RM2.61
(-RM0.03)
RM2.18 (maintain)
August 2 – August 8, 2018
RM2.20 (maintain)
RM2.64
(+RM0.10)
RM2.18 (maintain)
July 26th – August 1, 2018
RM2.20 (maintain)
RM2.54
(-RM0.02)
RM2.18 (maintain)
July 19th – July 25th, 2018
RM2.20 (maintain)
RM2.56
(-RM0.03)
RM2.18 (maintain)
July 12th – July 18th, 2018
RM2.20 (maintain)
RM2.59
(+RM0.01)
RM2.18 (maintain)
July 5th – July 11th, 2018
RM2.20 (maintain)
RM2.58
(+RM0.08)
RM2.18 (maintain)
June 28th – July 4th, 2018
RM2.20 (maintain)
RM2.50
(-RM0.09)
RM2.18 (maintain)
June 21st – June 27th, 2018
RM2.20 (maintain)
RM2.59
(-RM0.01)
RM2.18 (maintain)
June 14th – June 20th, 2018
RM2.20 (maintain)
RM2.60
(-RM0.06)
RM2.18 (maintain)
June 7th – June 13th, 2018
RM2.20 (maintain)
RM2.66
(+RM0.19)
RM2.18 (maintain)
May 16th – June 7th, 2018
RM2.20 (maintain)
RM2.47 (maintain)
RM2.18 (maintain)
May 10th – May 16th, 2018
RM2.20 (maintain)
RM2.47 (maintain)
RM2.18 (maintain)
May 3rd – May 9th, 2018
RM2.20 (maintain)
RM2.47 (maintain)
RM2.18 (maintain)
April 26th – May 2nd, 2018
RM2.20 (maintain)
RM2.47 (maintain)
RM2.18 (maintain)
April 19th – 25th, 2018
RM2.20 (maintain)
RM2.47 (maintain)
RM2.18 (maintain)
April 12th – 18th, 2018
RM2.20 (maintain)
RM2.47 (maintain)
RM2.18 (maintain)
April 5th – 11th, 2018
RM2.20 (maintain)
RM2.47 (maintain)
RM2.18 (maintain)
March 29th – April 4th
RM2.20 (maintain)
RM2.47 (maintain)
RM2.18 (maintain)
March 22nd – 28th, 2018
RM2.20 (+RM0.02)
RM2.47 (+RM0.02)
RM2.18 (+RM0.02)
March 15th – 21st, 2018
RM2.18 (-RM0.03)
RM2.45
(-RM0.02)
RM2.16 (-RM0.01)
March 8th – 14th, 2018
RM2.21 (+RM0.01)
RM2.47 (maintain)
RM2.17 (-RM0.01)
March 1st – 7th, 2018
RM2.20 (+RM0.03)
RM2.47 (+RM0.04)
RM2.18 (+RM0.05)
February 22nd – 28th, 2018
RM2.17 (-RM0.06)
RM2.43
(-RM0.07)
RM2.13 (-RM0.06)
February 15th – 21st, 2018
RM2.23 (-RM0.10)
RM2.50
(-RM0.11)
RM2.19 (-RM0.12)
February 8th – 14th, 2018
RM2.33 (+RM0.02)
RM2.61 (+RM0.03)
RM2.31 (-RM0.03)
February 1st – 7th, 2018
RM2.31 (+RM0.02)
RM2.58 (+RM0.02)
RM2.34 (+RM0.03)
January 25th – 31st, 2018
RM2.29 (-RM0.01)
RM2.56
(-RM0.01)
RM2.31 (-RM0.01)
January 18th – 24th, 2018
RM2.30 (+RM0.04)
RM2.57 (+RM0.04)
RM2.32 (maintain)
January 11th -17th, 2018
RM2.26 (-RM0.03)
RM2.53
(-RM0.03)
RM2.32 (maintain)
January 4th – 10th, 2018
RM2.29 (+RM0.03)
RM2.56 (+RM0.03)
RM2.32 (+RM0.06)

Should I Pump Petrol In Accordance to Price Changes Every Week?

While that solution may help you save a few ringgit every other week, however, the oil prices in Malaysia is determined by the global markets and makes it difficult to figure out the costs in the long run.

Along with fluctuating fuel prices, the development and usage of electric cars are starting to gain traction around the world. The adoption of electric cars could also start to affect the prices of petrol and diesel prices in Malaysia.

How Will Fuel Prices be Affected by Electric Cars?

As more people adopt the usage of electric cars that are more energy efficient, cleaner and less complex, it is expected to make fuel obsolete and less demanded. Following that logic alone, this would cause petrol and various fuel and oil prices in Malaysia to drop.

When that happens, many of the oil and gas giants will be forced to shrink its output or even close up certain divisions within the organisation. With lesser people using fuel based cars, the cost to produce petrol and diesel will begin to increase as it no longer will be able to leverage at the scale it once used to enjoy. Collectors of classic cars, luxury models and those who have yet to make an upgrade into electric cars may end up paying a premium for a full tank of petrol.

Read Also: 8 Genius Tips To Save on Petrol Expenses

A lot of this would depend on the timeline of change. In the short term, as demand starts to gradually fall, companies may face an oil supply glut and drop its prices to remain competitive. In the long run, when the competition falls out of the market, the few remaining companies would have total control to increase the fuel prices in order to cater to parts of the world which have yet to make the switch.

To an average consumer, the main hurdle would be the prices of the car itself. An electric vehicle (EV) such as a Nissan Leaf costs approximately RM180,000. Going green feels far from being cheap. However, the Malaysian Green Technology Corporation (MGTC) claims that you can expect to save up to 69% on fuel cost and 64% on maintenance as compared to driving a conventional combustion engine. Of course, this also depends on the fuel prices in Malaysia at the point in time.

While it is apparent that the public is not moving toward electric vehicles, the government has come up with a plan to increase the number of electric cars from 100 in the year 2015, to 100,000 electric vehicles (EV) by the year 2030. The added incentive is to bring down the pollution levels in Malaysia and grow the country toward an electric vehicle hub.

At this point in time, the needed infrastructure is also proving to be a real limitation for the growth of EV in Malaysia. Having said that, progress is being made. Greentech Asia has a five-year plan in place in order to grow the [number of charging stations to 25,000 throughout Malaysia. Once that has been achieved, oil prices in Malaysia may be at a tipping point.

To prove that the country is showing slow adaptation, even Malaysian owned Perodua has stated that it will not be manufacturing EVs in the near future due to the lack of charging ports and necessary infrastructure needed to sustain such vehicles. Many people still fear travelling long distance with these vehicles as charging ports are still limited and the battery tends to carry a charge enough for a 200km to 300km journey.

While many would lobby and want the government to speed up the progress of EV expansion to save the environment and reduce the consumer’s driving costs, the transition will need to be gradual, as it needs to protect the oil and gas (O&G) industry in the process. The O&G sector provides a huge chunk of revenue and jobs to the country. Transitioning will take at least five to ten years to create new jobs for those who stand to lose their existing ones. On top of that, petrol stations will have to endure a tonne of costs to restructure and renovate their premises from a traditional petrol station which in turn, will further stretch the timeline.

FAQ on Fuel Types, Prices and Differences

What is RON?

People tend to associate RON 95 and RON 97 with the quality, hence the difference in price. RON is just an abbreviation of Research Octane Number (RON) which signify the branches of the hydrocarbons.

What Is The Difference Between RON95 And RON97?

The numbers such as 95 or 97 signify the number of hydrocarbon branches. The higher numbers indicate its higher level of compression required to detonate the fuel. Higher compression levels may mean more power output, depending on the type of vehicle specifications.

Is RON97 Better Than RON95?

With fuel prices in Malaysia shifting from week to week, some may intend to be adventurous and swap between the two, if the price is right.

However, according to renowned car enthusiast Paul Tan, there is very little difference in terms of fuel efficiency between RON95 and RON 97. Tan ran an experiment using two of the same car models, filling both car types with RON95 and RON97 on each Volkswagen model. The difference in mileage ranged from 1.92% to 3.15%, making the difference negligible.

Why Do Some Cars Use RON97?

Different cars require a different level of combustion in order to efficiently power the car forward. Typically, the bigger car engines tend to require a higher level of compression that make the car run smoothly. That is why the high-performance vehicles and larger cars require RON97 instead of RON95.

Can I Use RON95 For My RON97 Motor Vehicle?

Technically, you could fill it up with RON95 and it will run. However, it will not run efficiently and cause a lot of damage in the long run. Higher octane requirement engines use RON97 to ensure the fuel does not combust in the chamber before the spark plug fires. When compression of combustion happens at the wrong time, it could result in a problem known as engine knocking. This would also contribute to sluggish engine performance on top of the long-term damage.

Can I Use RON97 For My RON 95 Motor Vehicle?

According to a report by The Star, Greg Engeler of Chevron product engineering mentions that using RON 97 fuel on a RON 95 requirement engine will not cause any damage. The only thing you would end up hurting is your own wallet, as there are no particular gains in terms of additional performance. RON97 is typically used in higher compression engines which are usually recommended for cars with a capacity of 2,500cc and above.

What Is The Difference Between Petrol And Diesel?

Basically, both diesel and petrol come from mineral oil but are refined differently. Refining diesel is said to be easier and produces more energy during combustion. The different fuels are usually made for different engine types.

What Is The Difference Between Petrol And Diesel Engines?

Besides the obvious difference in petrol and diesel prices in Malaysia, the distinctive difference between the two engines is due to the way combustion happens. A petrol engine mixes the fuel with air and gets compressed by pistons. The spark plugs then ignite the compressed mixture to move the pistons.

On the other hand, diesel engines compress the air before adding the fuel. High compression creates high temperatures and heat to combust the diesel fuel when added. The compression does all the work without any spark plugs to ignite the combustion.

Are Diesel Cars More Efficient Than Cars Powered By Petrol?

As each litre of diesel produces more energy than petrol, it is said to be more efficient. Being more efficient means it requires less diesel to produce the same amount of power as petrol. In addition to that, the price of diesel in Malaysia is lower than RON95 which makes it the obvious winner in terms of efficiency.

Is Diesel Bad For The Environment?

The Express UK also reported that petrol cars emit 10 times more carbon emission, as compared to diesel cars. This reference of diesel engine cars is being made to the modern cars that have also been fitted with filters to reduce emission, not the old models that are more than a decade old.

Does Driving Style Make A Difference In Fuel Consumption?

According to The Economist, Jeremy Clarkson and the gang from Top Gear did a test between a Toyota Prius and a BMW M3. They maxed out the Prius and really put the pedal to the metal, while the BMW M3 was only supposed to cruise along and keep up. The two cars could not be more diverse in terms of engine size. It was a 1.5-litre engine versus a 4.0-litre monster. The results showed that the environmentally friendly Toyota and BMW had a very small difference of 17.2 miles per gallon as compared to 19.4 miles per gallon on the BMW.

The basic notion is the more aggressive you are with the accelerator, the more fuel you tend to burn. Of course, it would make more sense to have two identical cars and drive both cars differently, but in total Top Gear style, they ran a high performing BMW against a Toyota Prius to prove how much driving style matters when it comes to fuel consumption.

Read Also: What Is The Best Petro Credit Card In Malaysia?

Does Tyre Pressure Improve Fuel Efficiency?

The Michelin tyre website in the UK simply states that tyres that are under-inflated by 15psi increase fuel consumption by approximately 6%. Over time, this could add up to quite a significant amount. On top of fuel savings, having the right tyre pressure also helps to maintain it for longer durations and ensures your grip isn’t affected.

RON 95 vs RON 97 vs Diesel Cars in Malaysia

Between the three different types of fuel, neither one is more superior than the other. It is a matter of using the right fuel for the right car. If you are concerned about the cost involved over the long term, you could download the different car models and its various fuel efficiency levels to help with your next big ticket purchase.

What Are The Common Car Models in Malaysia That Run on RON 95, RON 97 and Diesel?

Curious to know what are the most used cars in Malaysia? Here are some of the common car models in Malaysia that run on RON 95, RON 97, and Diesel. This will be separated in accordance to the cars that are in still production by the car producer so don’t be surprised if your Perodua Kembara or Proton Wira did not get a mention here.

For instance, here are a list of cars made by Perodua :

Car Make
Line
Model
Fuel Type
Mileage (l/100km)
Perodua
Myvi
1.3L G – Manual
Petrol
4.9
Perodua
Myvi
1.3L G – Automatic
Petrol
5
Perodua
Myvi
1.3L X – Automatic
Petrol
4.7
Perodua
Myvi
1.5L H – Automatic
Petrol
5
Perodua
Myvi
1.5L AV – Automatic
Petrol
5
Perodua
Axia
1.0 Standard E – Manual
Petrol
4.4
Perodua
Axia
1.0 Standard G – Manual
Petrol
4.4
Perodua
Axia
1.0 Standard G 4E – Automatic
Standard
4.6
Perodua
Axia
1.0 SE – Manual
Petrol
4.4
Perodua
Axia
1.0 SE 4E – Automatic
Petrol
4.6
Perodua
Axia
1.0 Advance 4E – Automatic
Petrol
4.6
Perodua
Bezza
1.0 Standard G – Manual
Petrol
4.4
Perodua
Bezza
1.0 Standard G – Automatic
Petrol
4.7
Perodua
Bezza
1.3 Premium X – Manual
Petrol
4.6
Perodua
Bezza
1.3 Premium X – Automatic
Petrol
4.8
Perodua
Bezza
1.3 Advance
Petrol
4.5
Perodua
Alza
1.5 S – Manual
Petrol
6.5
Perodua
Alza
1.5 S – Automatic
Petrol
7.7
Perodua
Alza
1.5 SE – Manual
Petrol
6.3
Perodua
Alza
1.5 SE – Automatic
Petrol
11
Perodua
Alza
1.5 Advanced – Automatic
Petrol
5.1

Proton

Car Make
Line
Model
Fuel Type
Mileage (l/100km)
Proton
Ertiga
Executive – Manual
Petrol
6
Proton
Ertiga
Executive – Automatic
Petrol
6
Proton
Ertiga
Executive Plus – Automatic
Petrol
6
Proton
Iriz
1.3L Standard MT
Petrol
5.8
Proton
Iriz
1.3L Standard CVT
Petrol
6.6
Proton
Iriz
1.3L Executive CVT
Petrol
6.6
Proton
Iriz
1.6L Premium CVT
Petrol
7.4
Proton
Saga
Standard MT
Petrol
5.4
Proton
Saga
Standard CVT
Petrol
5.6
Proton
Saga
Executive CVT
Petrol
5.6
Proton
Saga
Premium CVT
Petrol
5.6
Proton
Suprima S
Suprima S Standard
Petrol
6.9
Proton
Suprima S
Suprima S Executive
Petrol
9.1
Proton
Suprima S
Suprima S Premium
Petrol
6.9
Proton
Persona
Standard MT
Petrol
5.6
Proton
Persona
Standard CVT
Petrol
6.1
Proton
Persona
Executive CVT
Petrol
6.1
Proton
Persona
Premium CVT
Petrol
6.1
Proton
Preve
Executive CVT
Petrol
6.6
Proton
Preve
Premium CVT
Petrol
6.6
Proton
Perdana
2.0L
Petrol
13.9
Proton
Perdana
2.4L
Petrol
10.5
Proton
Exora
Executive
Petrol
11.1
Proton
Exora
Executive Plus – Automatic
Petrol
11.1

Honda

Car Make
Line
Fuel Type
Model
Mileage (l/100km)
Honda
Accord
Petrol
2.0 VTi-L
8.3
Honda
Accord
Petrol
2.4 VTi-L
8.1
Honda
City
Petrol
1.5L S
5.7
Honda
City
Petrol
1.5L E
5.7
Honda
City
Petrol
1.5L V
5.7
Honda
City
Hybrid
1.5L Hybrid
4
Honda
Civic
Petrol
1.8S
7.2
Honda
Civic
Petrol
1.5TC
7.1
Honda
Civic
Petrol
1.5TC-P
7.1
Honda
Civic
Petrol
Type-R
8.8
Honda
Jazz
Petrol
1.5L S
6.5
Honda
Jazz
Petrol
1.5L E
6.5
Honda
Jazz
Petrol
1.5L V
6.5
Honda
Jazz
Hybrid
1.5L Hybrid
4
Honda
CR-V
Petrol
2.0 2WD
7.3
Honda
CR-V
Petrol
1.5TC 2WD
7
Honda
CR-V
Petrol
1.5TC 4WD
7
Honda
CR-V
Petrol
1.5 TC-P 2WD
7
Honda
HR-V
Petrol
1.8L S
6.9
Honda
HR-V
Petrol
1.8L E
6.9
Honda
HR-V
Petrol
1.8L V
6.9
Honda
BR-V
Petrol
1.5L E
8.3
Honda
BR-V
Petrol
1.5L V
8.3
Honda
Odyssey
Petrol
2.4 EXV
8.4

While it is uncertain when electric cars may be more widespread and possibly shift the entire fuel price paradigm in Malaysia, we can be sure of some near-term savings if you use the right credit card for your petrol consumption needs. Use the
credit card comparison page
 to make an informed decision if you need a different credit card or if your current one is sufficiently providing the rewards you deserve.

What do you think about our fuel price update article? Let us know in the comment section below.

4.5

11

votes

Article Rating

SHARE

TAGS:

Petrol Price

Petrol Price Malaysia

RON95 Price Malaysia

About THE AUTHOR

ringgitplus

ringgitplus

See all articles

Comments

 (5)

Subscribe

Notify of

new follow-up comments

new replies to my comments

Label

Name

Email

Δ

Label

Name

Email

Δ

5
 Comments

 Inline Feedbacks

View all comments

    Edmund Ooi

    2 years ago

What is the formula use by the goverment  to calculate the price of RON 95 Petrol as the price movement does not make an sense ?

0

Reply

    Kamil Jamil

    2 years ago

Naik naik naik lagi ker?

1

Reply

    Abdul Talib

    1 year ago

RON97 is RM3.83 (-RM0.17) not RM3.85 (-RM0.17) as what you published. please make this correction

0

Reply

    Kooimin

    1 year ago

The best petrol on the market right now is Shell Vpower becauys it really helps to clean key fuel system,provide the best performance fuels and Reduce engine friction.Overall giving a full performance on the road.

0

Reply

    Anonymous

    4 months ago

There is no any changes for RON 95 for the past few years and i guess we don’t need a formula for this..

0

Reply


Survey: End Of Pandemic-Related Financial Support, Inflation Causing Financial Strain Among Malaysians

(Image: Reuters)

A survey from Principal Financial Group has revealed that 41% of its Malaysian respondents are not confident that they can manage their finances without additional financial assistance in the post-pandemic era. This is made worse by the rising inflation that is currently sweeping across the world.

Principal’s survey also indicated that 55% of its Malaysian respondents have seen their savings decrease over the last two years, while 49% said that their debt levels have increased. Another 27% shared that it is harder today to afford daily bills – such as mortgage cost, energy bills, insurance, and fuel expenses – than it was two years ago. 33% also commented that they find it difficult to cope with an unexpected expense without external help.

Aside from that, 38% of Malaysian survey participants noted that saving for retirement is now more challenging, whereas 33% and 40% said that they are struggling to set long-term financial goals and plan for old age, respectively. More alarmingly, 47% of them also feel that family members are now more dependent on them financially – as compared to two years ago.

Overall, 39% of Malaysian respondents said that they are not happy with their current financial conditions, with many believing that they are doing worse than pre-pandemic times.

While immediate resolution of the situation is not possible, 34% of Malaysian respondents said that they will feel more financially supported if pandemic-related financial aids provided by the government can be extended or made permanent. Meanwhile, 27% felt that financial services companies should also extend or make permanent their pandemic-related aids. Additionally, 26% indicated that they would welcome increased financial assistance to support the cost of caring for elder relatives.

In its statement, Principal also clarified that its survey – which has a total of 1,500 respondents – has actually been conducted across three countries: Malaysia, Singapore, and Hong Kong (500 respondents from each country). Despite the difference in region, many have expressed similar concerns regarding their financial situation.

(Image: Asia Insurance Review)

“Across Hong Kong, Malaysia, and Singapore, people are increasingly challenged to balance today’s needs against planning for the future. Between high inflation and rising interest rates, macroeconomic and socioeconomic factors are having a greater impact on individuals’ sense of financial stability than they did before the pandemic,” said the president of Asia for Principal, Thomas Cheong.

“Looking to the future, we hope understanding the economic struggles and financial situations of those in Hong Kong, Malaysia, and Singapore will help governments, financial institutions, and employers ascertain how they can work together to drive positive change through effective policies and programmes,” Cheong further said, adding that employers can also help alleviate the situation via efforts like increasing their pension fund contribution for employees or allowing permanent flexibility in work locations and working hours.

0

0

votes

Article Rating

SHARE

TAGS:

Covid-19 Financial Assistance

Financial Assistance

Government Financial Assistance

Inflation

Inflation Rate

Inflationary Pressures

Principal Financial Group

Principal Malaysia

Thomas Cheong

About THE AUTHOR

Alex Cheong Pui Yin

Alex Cheong Pui Yin

Previously covered recruitment-related stories and had a short stint as a copywriter for the property industry. She subsequently developed an interest in investment and robo-advisors.

See all articles

Comments

 (0)

Subscribe

Notify of

new follow-up comments

new replies to my comments

Label

Name

Email

Δ

Label

Name

Email

Δ

0
 Comments

 Inline Feedbacks

View all comments


Two Malaysian Retailers Offer Refunds For Huawei Products If They Lose Access To Google Apps

Two popular local smartphone retailers, DirectD and Mobile2Go, are offering full refunds for Huawei devices bought from their stores if the devices lose access to Google Play and Android apps.

Thanks to uncertainties between the US and China that affects Huawei and access to Google apps and the Play Store for its products, DirectD and Mobile2Go are aiming to keep current and potential customers confident to purchase Huawei products. Both retailers are offering full refunds for all Huawei products that are purchased from their stores .

All original Huawei devices are eligible for the full refund as long as the devices are bought after the campaign announcement and are still under warranty. For both stores, consumers can only get a full refund if Huawei loses access to Google apps and services, excluding any problems with Huawei’s own software and security updates.

(Source: Soyacincau (
1
), (
2
))

0

0

votes

Article Rating

SHARE

TAGS:

Google Play

Huawei

About THE AUTHOR

ringgitplus

ringgitplus

See all articles

Comments

 (0)

Subscribe

Notify of

new follow-up comments

new replies to my comments

Label

Name

Email

Δ

Label

Name

Email

Δ

0
 Comments

 Inline Feedbacks

View all comments


Enjoy Flat RM5 GSC Movie Tickets With UOB YOLO Friyays Promotion

UOB has reintroduced its YOLO Friyays promotion, where cardholders may enjoy movie tickets at a flat rate of RM5 at GSC cinemas every Friday when you pay with the
UOB YOLO Visa credit card
.

Last year, UOB ran the same YOLO Friyays promotion from 5 January till 28 December 2018. After a short break, it looks like UOB is offering another year-long YOLO Friyays movie offer – it’ll be valid from now until 3 April 2020.

To be eligible for this offer, you need to purchase the tickets online through the GSC website or mobile app. Naturally, you are required to select the UOB YOLO card on the “Credit Card” payment method. Like before, cardholders are entitled to a maximum of two normal adult tickets for 2D showings per card, per offer day.

The UOB YOLO Friyay offer is valid at all GSC outlets nationwide, except the GSC Signature outlet in The Gardens, Mid Valley. The promotional price tickets are also limited to the first 330 tickets per day – it may not sound like a lot, but it’s actually an improvement from the 280 ticket limit from the 2018 offer.

If you’re a UOB YOLO cardholder, this perk is definitely a bonus on top of the generous 8% cashback benefit of the UOB YOLO credit card. Check out our
review of the UOB YOLO Visa credit card
 to see if it’s worth adding into your wallet.

(Source:
GSC
)

0

0

votes

Article Rating

SHARE

TAGS:

GSC

UOB

UOB YOLO

About THE AUTHOR

Hayatun Razak

Hayatun Razak

See all articles

Comments

 (0)

Subscribe

Notify of

new follow-up comments

new replies to my comments

Label

Name

Email

Δ

Label

Name

Email

Δ

0
 Comments

 Inline Feedbacks

View all comments


Get RM5 Cashback For Visa Contactless and Samsung Pay Transactions With Your Public Bank Card

Public Bank is offering a limited-time promotion for its credit card users, where they can enjoy RM5 cashback for Visa Contactless and Samsung Pay transactions. These two promotions are currently running concurrently, and will end on 31 July 2019.

Get RM5 Cashback with Five Visa Contactless Transactions

The RM5 cashback is offered to principal cardholders of Public Bank Visa Credit Cards/-i. Just perform five contactless transactions with a minimum amount of RM50 per month with your card to get RM5 cashback for each transaction, capped at a maximum of RM50 every month. Public Bank has allocated RM50,000 for the cashback payout, and is given to cardholders on a first come, first served basis.

This means you can earn RM50 every month by using your Public Bank Visa card’s Contactless feature ten times, as long as the transacted amount is a minimum of RM50. Note that transactions that are already earning cashback (such as the
Visa Signature
, which gives 6% cashback for groceries and dining) do not count as qualifying transactions for this campaign. But, that also means if your cashback credit card spending has met its cashback quota, you can use it to enjoy this Visa Contactless cashback promo. To participate, eligible cardholders are required to register via SMS as shown in the poster above.

Get RM5 Cashback With Every Samsung Pay Transaction

Meanwhile, if you own a Samsung smartphone and a Public Bank credit card, here are more perks for you to enjoy. Public Bank is offering two benefits when you use your Public Bank card via Samsung Pay. The first is a generous RM5 cashback for every minimum spend of RM30 per transaction made with Samsung Pay, while the other is a huge bonus of 800 Samsung Rewards Points when you perform 15 Samsung Pay transactions in a month.

The RM5 cashback offer is open to all Public Bank Visa Credit Card/-i and Public Bank Petron Visa Debit cardholders. Each month, the cashback is capped at RM35 per cardmember, which means you can earn RM5 cashback for up to 7 Samsung Pay transactions with a minimum amount of RM30, and no minimum transactions required. Do note that like the Visa promotion, there is a limited allocation by the bank and is given out on a first come, first served basis. The allocated amount is much smaller though, at just RM15,000 per month. To participate, send a one-time SMS registration to the number in the poster above.

The other promotion is quite straight forward. Public Bank cardholders (both Visa and Mastercard, credit and debit) who perform 15 transactions (no minimum spend!) in a single month will earn 800 Samsung Rewards Points. There is a total allocation of 200,000 points given out to qualifying cardholders on a first come, first served basis.

(Source: Public Bank (
Visa Contactless
), (
Samsung Pay
))

0

0

votes

Article Rating

SHARE

TAGS:

Cashback

Public Bank

Public Bank Visa Credit Cards/-i

Samsung Pay

Visa Contactless

About THE AUTHOR

Hayatun Razak

Hayatun Razak

See all articles

Comments

 (0)

Subscribe

Notify of

new follow-up comments

new replies to my comments

Label

Name

Email

Δ

Label

Name

Email

Δ

0
 Comments

 Inline Feedbacks

View all comments


PM: Government To Make Cashless Payments The Preferred Payment Option By 2022

Prime Minister Tan Sri Muhyiddin Yassin has said that the government will aim to go cashless by 2022 during the virtual launch of the Malaysia Digital Economy (MyDigital) blueprint today. The blueprint – which will guide the growth trajectory of Malaysia’s digital economy – spells out the efforts and initiatives required for the development.

As one of the numerous initiatives forwarded in the blueprint, Tan Sri Muhyiddin said that all government ministries and agencies will soon provide cashless payment options for the convenience of the people. “The public sector will strive to make cashless payments as the preferred payment option come year 2022,” he said during his speech.

Malaysians have been increasingly
growing in favour of digital payments
 since 2019, but the Covid-19 pandemic has greatly
accelerated the adoption of cashless transactions
, along with the acceptance of digital technology. “The role of digital technology has been evident since a year ago when Covid-19 challenged the people’s ability to continue life as usual. It has never been clearer that technology is a convenient tool for advancement in the best of times, and an essential tool of survival during the most challenging of crises,” Tan Sri Muhyiddin further emphasised.

Meanwhile, with regard to the MyDigital blueprint, Tan Sri Muhyiddin said that it comprises of action plans that adopt a whole-of-nation approach to complement the 12
th
 Malaysia Plan and the Shared Prosperity Vision 2030. Additionally, it will be executed in three phases, slated to be accomplished by 2030.

“It [the blueprint] include ideas and plans to improve digital literacy, create high-income employment opportunities, make banking finance business easier and more organised, provide virtual educational access to children in the country, and bring medical facilities to remote towns. It also serves as a digital transformation direction plan that is able to drive the business sector to compete on the global arena by enhancing expediency and efficiency of their operations,” said the prime minister.

4.3

3

votes

Article Rating

SHARE

TAGS:

12th Malaysia Plan

Cashless Payments

Digital Economy

Digital Payments

Malaysia Digital Economy (MyDigital) Blueprint

Shared Prosperity Vision 2030

Tan Sri Muhyiddin Yassin

About THE AUTHOR

Alex Cheong Pui Yin

Alex Cheong Pui Yin

Previously covered recruitment-related stories and had a short stint as a copywriter for the property industry. She subsequently developed an interest in investment and robo-advisors.

See all articles

Comments

 (0)

Subscribe

Notify of

new follow-up comments

new replies to my comments

Label

Name

Email

Δ

Label

Name

Email

Δ

0
 Comments

 Inline Feedbacks

View all comments


Where Can You Use American Express Cards in Malaysia?

While Amex (or American Express) is a solid card to have in your plastic arsenal, you may have noticed that some retailers and merchants do not accept the card for payment.

It’s
not a fun experience
 to attempt paying with your card only to have it turned down. To make life easier for you, we’ve put together a list of places that welcome American Express with open registers.

Why Are American Express Cards Not Accepted Everywhere?

Certain retailers and merchants do not accept
Amex
 payments due to cost issues. Amex cards have a slightly higher payment processing fee when compared to
MasterCard
 or
Visa
 cards.

But of course plenty of merchants still support Amex payments, catering to their customers’ need for multiple payment options as well as supporting the preferences of loyal Amex-carrying customers to their stores.

You’ll find that most luxury brands and higher end stores often accept American Express as do a majority of retailers in Singapore.

Where Can You Use Your American Express Card in Malaysia?

Wherever you see a sign that says “American Express Cards Welcome”, “We Welcome American Express” or where it’s famous blue and white logo is pasted; your card will be accepted.

But if you are in doubt, be sure check with the cashier or service staff beforehand, especially if it’s the only method of payment you have with you.

Plenty of merchants in various trades including dining, retail shopping, hotels, hospitals and utilities accept American Express in Malaysia. Here’s a list of businesses that will graciously swipe your card:

Note: Different outlet locations and branches may or may not be prepared to accept the card.

Café & Dining

Secret Recipe

Starbucks

Baskin-Robbins

Ben’s General Food Store

McDonald’s

Fashion

Guess

Giordano

Hush Puppies

Old Navy

Dorothy Perkins

Airlines

Emirates

Cathay Pacific

Dragon Air

AirAsia

Malaysia Airlines (charge card)

Entertainment

Golden Screen Cinemas

TGV Cinemas

Travel & Hotels

Hotel Maya KL

The Royale Chulan KL

Park Royal Kuala Lumpur

Prince Hotel & Residence KL

One World Hotel

Grocery & Department Stores

Aeon BiG

Ben’s Independent Grocer

Parkson

Isetan

Cold Storage

Bonus Tip:
 Even though a retail promo may be offered for Amex cards, it may only be valid when issued by a certain bank, so be sure to check with your card’s issuer before purchase.

If you are looking for premium benefits, you might want to consider signing up for an American Express card. We do a have quite a few Amex card options available in Malaysia, so make sure you choose one that is right for you. Need help exploring the nitty gritty of the cards on offer? Then get the help you need from help our
comparison page
.

Image credit: Clemson’s
photostream

3

1

vote

Article Rating

SHARE

TAGS:

American Express

American Express Credit Cards

AmEx

About THE AUTHOR

Desiree Nair

Desiree Nair

See all articles

Comments

 (0)

Subscribe

Notify of

new follow-up comments

new replies to my comments

Label

Name

Email

Δ

Label

Name

Email

Δ

0
 Comments

 Inline Feedbacks

View all comments


Does Going Green Cost Too Much Money?

Going green is not just about recycling or buying products with an eco-label, it’s about making everyday choices that won’t negatively impact our environment. These everyday choices run the gamut from the act of repurposing belongings for waste reduction to using bio-degradable detergents for laundry.

Seems simple enough but still, there is a perception that going green will cost you a lot more money; is it true? For a glimpse of how green compares to regular in terms of pricing, we’ve compared everyday household cleaning products that you’ll come across in major supermarkets:

Eco-Friendly Products

Price (RM)

Regular Products

Price (RM)

Difference (RM)

TLC Green Eco-Friendly Floor Cleaner 2 L

14.25

Ajax Lavender Fresh Antibacterial 2 L

12.19

+ 2.06

Enviroplus Large Eco-Friendly Oxo-Degradable Garbage Bag 40 pcs

12.29

Robot Large Economy-Roll 40 pcs

11.79

+ 0.50

Bio-Home Lemongrass & Green Tea Dishwash Liquid 500 ml

8.09

Joy Refreshing Lemon Dishwashing Liquid 500 ml

6.95

+ 1.14

TLC Green Eco-Friendly Antibacterial Laundry Detergent 2 L

17.95

Attack Ultra Power 3D CleanAction Concentrated Liquid Detergent 2.0 kg

12.99

+ 4.96

Bio-Home Lemongrass & Green Tea Multi-Purpose Cleaner 800 ml

17.70

Formula 409 Antibacterial All-Purpose Cleaner 650 ml

14.69

+ 3.01

TLC Green Toilet Bowl Cleaner 500 ml

6.25

Magiclean Toilet Bleach Power Anti-Bacterial Toilet Bowl Cleaner 500 ml

5.99

+ 0.26

Source:
Tesco Stores Malaysia
.

This table only evaluates household cleaning products, thus the result should only speak for that faction. Based on our little survey, eco-friendly cleaning products do actually cost more, but not by a lot. In fact, for a couple of these products, the price difference is merely a few cents.

Still, living green doesn’t only involve buying eco-friendly goods – there are multitudes of ways to do right by our environment and save money.

How to Go Green at No Extra Cost

Instead of spending more to be a friend of the environment, we’ll show you how you can do it without burdening your finances.

Buy products with less packaging or ones that use recycled materials.

Go electronic where possible i.e. subscribe for e-bills, use e-tickets, and save hotel reservation details on your phone instead of printing them out.

Return ink cartridges to be refilled instead of throwing them away; this could get you a discount and help reduce wastage.

Make your own cleaning products
; it’s cheaper and not as harmful to the environment.

Bring your own food container when convenient and keep from using Styrofoam food boxes (and other polystyrene-based items such as party cups and plates, peanut cushions, etc.) as these are some of the
hardest to recycle
.

Switch off your computer and fix leaky taps to save electricity, water, the environment, and your money.

If you are just going to throw away your ATM transaction receipts, save the paper and don’t print them out.

Cut your plastic bag usage whenever possible – not just on Saturdays.

Bring your own travel mug when you head on over to your favourite coffee joint to reduce paper cup wastage – and be sure to ask for a discount.

As you can see, practicing green habits can be as economical as you want it to be and in a lot of ways works to help you save money. So while energy-efficient and other eco-friendly products may cost more, it does not have to stand in the way of a greener lifestyle!

Consider using a rewarding credit card to help you recoup the extras you spend on buying green products. Find a card that lets you save more with attractive cash back rewards and greater discounts on our
comparison page
. Have anything else to add to this article? Do share your thoughts with us in the comments section down below!

0

0

votes

Article Rating

SHARE

TAGS:

Bio-Home

Biodegradable

Environment-Friendly

Enviroplus

Going Green

TLC

About THE AUTHOR

Desiree Nair

Desiree Nair

See all articles

Comments

 (0)

Subscribe

Notify of

new follow-up comments

new replies to my comments

Label

Name

Email

Δ

Label

Name

Email

Δ

0
 Comments

 Inline Feedbacks

View all comments


How we Malaysians pick our plastic

Different folks choose their credit cards for different reasons. To fulfil different needs. Being the curious kind that we are, the RinggitPlus team recently ran an email survey among our readers to find out more about this. Here’s the lowdown.

What do the results mean?

Well, for starters, cashback is king! With 28% of all our respondents naming it as a major pull factor, it’s clear that credit cards that provide great cashback deals will always be crowd favourites. That’s probably why we’re seeing new credit cards with massive cashback rebates hitting the market all the time.

Reward points and airmiles come in a very close second at 25%. We reckon that this is because their benefits are not felt as immediately as cashback rebates. You’re going to have to wait patiently for the points and airmiles to stack up before you can take advantage of them, versus the immediate gratification of getting something back at the end of every month.

Also, interest rate and annual fee are the third and fourth most popular factors respectively when selecting a credit card. It looks like Malaysians don’t mind paying higher annual fees, so long as they enjoy competitive interest rates that will help them save more in the long run.

Like this post? Share it with all your buddies, they might find it helpful too!

0

0

votes

Article Rating

SHARE

TAGS:

Survey

About THE AUTHOR

John Royce

John Royce

See all articles

Comments

 (0)

Subscribe

Notify of

new follow-up comments

new replies to my comments

Label

Name

Email

Δ

Label

Name

Email

Δ

0
 Comments

 Inline Feedbacks

View all comments


ASNB Launches Its First Fund That Focuses On Global Equities

Amanah Saham Nasional Bhd (ASNB), a subsidiary of Permodalan Nasional Bhd (PNB), has launched its first fund that focuses almost entirely on global equities. Dubbed the ASN Equity Global, this new fund is available for subscription starting today.

According to a statement released by PNB, the ASN Equity Global fund caters primarily to investors with a substantial risk appetite. This is because the fund employs a capital growth investment strategy with a high degree of exposure to international markets.

“True to its name, the fund will heavily focus on global public equities with an asset allocation of up to 99% as it adopts a strategy of investing in high quality international companies with strong growth prospects and companies that will benefit from global megatrends,” said PNB.

Depending on the channel that you use to subscribe to the new fund, the minimum initial investment and minimum additional investment amount required may differ – as you can see in this table:

Subscription via ASNB and agent branches
Subscription via myASNB portal and mobile app
Minimum initial investment
RM10
RM150
Minimum additional investment
RM1
RM150

Meanwhile, there is no limit to the maximum investment amount that you can put it. The prospectus also indicated that sales charge is set at a fee of up to 5% of the NAV per unit (for over-the-counter subscriptions) or 2% (for online subscriptions via myASNB portal and mobile app, or agent internet banking).

(Image: The Star)

In launching the new ASN Equity Global fund, the group chairman of PNB, Tun Arifin Zakaria asserted that this marks another major milestone for PNB and ASNB as they continue to serve Malaysians by providing easy access to global markets at an affordable entry point. “Our comprehensive range of unit trust products now cuts across multiple geographies and fund categories, comprising conservative, balanced, and growth funds, allowing our unitholders to fulfil their financial and investment goals,” he said.

If you’re interested in tapping into this new fund, do take advantage of the ongoing initial offer period (IOP) that takes place between today until 21 September 2021. During this period, investors can subscribe to ASN Equity Global at the initial offer price of RM1 per unit on all channels. These include the myASNB portal and mobile app, ASNB branches and agents nationwide, as well as ASNB agents’ internet banking facilities. On top of that, ASNB is also offering an introductory deal with lower sales charge rate for all over-the-counter subscriptions between 1 September to 21 December 2021.

You can find out more about the
ASN Equity Global fund on ASNB’s website here
. Alternatively, check out the
prospectus
 or the
product highlight sheet
 here.

(Sources:
PNB
,
Malay Mail
)

3

2

votes

Article Rating

SHARE

TAGS:

Amanah Saham Nasional Berhad

ASN Equity Global

ASNB

Equities

myASNB

Permodalan Nasional Berhad

PNB

Tun Arifin Zakaria

About THE AUTHOR

Alex Cheong Pui Yin

Alex Cheong Pui Yin

Previously covered recruitment-related stories and had a short stint as a copywriter for the property industry. She subsequently developed an interest in investment and robo-advisors.

See all articles

Comments

 (0)

Subscribe

Notify of

new follow-up comments

new replies to my comments

Label

Name

Email

Δ

Label

Name

Email

Δ

0
 Comments

 Inline Feedbacks

View all comments


Boost Upgrades Bill Payment Service With Three New Features

E-wallet Boost has rolled out an update for its bill payment service today, now dubbed BoostBills. Aimed at making the bill payment experience more convenient and efficient, it comes with a full suite of new and upcoming features, including AutoBills, MultiBills, and ViewBills.

“Check out our brand new features that allow you to settle your bills automatically every month, or even pay multiple bills all in one go with just a tap of a button,” the e-wallet service provider said in its in-app announcement. This is on top of existing features, such as the ability to set weekly or monthly reminders to pay bills, and to earn Boost Coins when you make a bill payment.

Specifically, AutoBills allows you to schedule and make recurring bill payments with a tap of a button, whereas MultiBills lets you pay multiple bills at one go (bulk payment). Both features are already available for use within the app. For instance, you can tap on “Set Recurring Payment” to activate the AutoBills feature for your preferred billers when making your payment. Meanwhile, MultiBills will be enabled after you’ve made a first payment with a biller or added a favourite biller in your Boost account.

There is also another upcoming feature called ViewBills that will let you conveniently check your bill balance by tapping on a single button. If you’re ready to check out the new features that are currently available, go ahead and tap into the bill payment (BoostBills) tile within the Boost app.

You could also take advantage of an ongoing promotional campaign that was launched in conjunction with the introduction of these new BoostBills features. Users who pay their bills using either AutoBills or MultiBills (minimum RM10 in each bill payment) will stand a chance of winning RM10,000 cash reward. The campaign is slated to run until 30 September 2021. You can find out more about the
campaign on Boost’s website here
.

(Source:
Boost
)

0

0

votes

Article Rating

SHARE

TAGS:

Bill Payments

Boost

Boost AutoBills

Boost MultiBills

Boost ViewBills

BoostBills

About THE AUTHOR

Alex Cheong Pui Yin

Alex Cheong Pui Yin

Previously covered recruitment-related stories and had a short stint as a copywriter for the property industry. She subsequently developed an interest in investment and robo-advisors.

See all articles

Comments

 (0)

Subscribe

Notify of

new follow-up comments

new replies to my comments

Label

Name

Email

Δ

Label

Name

Email

Δ

0
 Comments

 Inline Feedbacks

View all comments


Fitch Solutions: Covid-19 Pandemic Spurred Growth Of New Consumer Trends

(Image: Malay Mail)

Fitch Solutions Country Risk & Industry Research has reported that the Covid-19 pandemic and subsequent movement control order (MCO) period has spurred the growth of several new consumer trends. These include consumers’ preference for specialty stores when purchasing priority goods, increased investment in homes, and the rapid development of e-commerce.

With regard to consumers’ focus on specialty stores, Fitch Solutions quoted data from the Department of Statistics that indicated a 3.4% year-on-year growth in June for specialty stores selling food, beverages, and tobacco products. Meanwhile, retail sales at non-specialty stores declined by 1.2% during the same period.

“We believe this is Malaysia consumers prioritising their basic essentials, making the conscious choice to avoid crowded supermarkets (where goods may be relatively cheaper) and choosing specialty grocery stores to do their shopping. This trend will continue over the short term, as Malaysian consumers choose to limit their exposure to crowded areas,” said the research house.

(Image: The Sun Daily)

Aside from that, Fitch Solutions also said that Malaysia is likely to follow a global trend where consumers invest more in their homes now that they are required to stay in for longer periods. The entity believes that this consequently encouraged further purchases for household goods.

“The monthly retail sales data for household equipment (a category that includes household goods) remains in contraction in June 2020 at -16.5% year on year, but this marks a considerable improvement and indicates a road to recovery for this segment, when compared to the -48.3% year on year recorded in April,” said Fitch Solutions.

The research house further said that household goods retailers will have to navigate through a tough time in 2020 and during the first half of 2021, but it is likely to see a stronger growth opportunity over the medium term. Fitch Solutions projects an average yearly growth of 6.5% for this segment between 2022 and 2024, citing government incentives and an expanding property market as reasons. First-time homeowners will be key customers for household goods retailers.

(Image: Free Malaysia Today)

Lastly, Fitch Solutions also pinpointed the rapid development of e-commerce as one of the new consumer trends, driven by consumers’ fear of infection from Covid-19 and pandemic-related lockdowns. This was supported by data that showed online retail sales growing by 28.9% year-on-year in April, during the height of the MCO period. It further expanded by 39.3% and 35.5%, respectively, in May and June, despite lockdown restrictions being relaxed.

In addition to noting these new trends, Fitch Solutions commented that despite having shrunk by 9.2% year on year in June 2020, the recent performance of Malaysia’s retail industry has improved significantly in comparison to the previous months. It said that the industry’s June performance indicated some form of recovery following the substantial contraction of 32.4% in April.

(Sources:
The Sun Daily
)

0

0

votes

Article Rating

SHARE

TAGS:

Consumer Behaviour

Consumer Trends

Covid-19

Covid-19 Economy

Fitch Solutions Country Risk & Industry Research

Movement Control Order

Recovery Movement Control Order

About THE AUTHOR

Alex Cheong Pui Yin

Alex Cheong Pui Yin

Previously covered recruitment-related stories and had a short stint as a copywriter for the property industry. She subsequently developed an interest in investment and robo-advisors.

See all articles

Comments

 (0)

Subscribe

Notify of

new follow-up comments

new replies to my comments

Label

Name

Email

Δ

Label

Name

Email

Δ

0
 Comments

 Inline Feedbacks

View all comments


Government To Extend Special Voluntary Disclosure Programme (SVDP)

(Source: mStar)

The government has decided to extend the Special Voluntary Disclosure Programme (SVDP) that offers a reduced penalty rate until 30 June 2019.

The current SVDP scheme
 offered a 10% penalty rate for those who make voluntary disclosure by 31 March 2019 and a 15% penalty for those declaring their previously unreported income from 1 April 2019 to 30 June 2019.

Due to overwhelming response from taxpayers making the voluntary disclosure, the 10% special penalty rate will be extended until 30 June, according to Finance Minister Lim Guan Eng. It will be raised to 15% for declarations made between 1 July and 30 September, followed by a 45% rate after that.

(Source: Free Malaysia Today)

Lim said that the primary focus of SVDP is on taxpayers
who have a bank account(s) overseas
 and those with unreported income generated within Malaysia. But it also welcomes taxpayers with no bank accounts offshore to voluntarily declare their unreported income.

Under the SVDP, 381,979 taxpayers had voluntarily disclosed their previously undeclared income to the Inland Revenue Board (IRB) as of 31 March 2019. Lim added that each of the voluntary disclosures received will be treated in good faith with no audit or investigation conducted. The IRB will also issue an acknowledgement letter for each income declaration.

With the extension, the government hopes more taxpayers will take advantage of the SVDP to enjoy the low penalty rate.

(Source:
The Star
)

0

0

votes

Article Rating

SHARE

TAGS:

Lim Guan Eng

Special Voluntary Disclosure Programme

SVDP

Tax

About THE AUTHOR

Hayatun Razak

Hayatun Razak

See all articles

Comments

 (0)

Subscribe

Notify of

new follow-up comments

new replies to my comments

Label

Name

Email

Δ

Label

Name

Email

Δ

0
 Comments

 Inline Feedbacks

View all comments


Boost, Aspirasi Offer Micro-Financing Support For SMEs And MSMEs This Ramadan

E-wallet Boost and Aspirasi, the financial services arm of Axiata Group, are offering a low-cost micro-financing support for small and medium enterprises (SMEs), as well as micro-SMEs (MSMEs) this upcoming Ramadan. Dubbed the Aspirasi Capital for Boost facility, it can be used as working capital to cover overhead and operating costs as businesses prepare for Ramadan sales.

Offered under Axiata Group’s ongoing Aspirasi Assist Covid-19 Assistance Programme, the Aspirasi Capital for Boost facility allows SMEs and MSMEs to obtain loans of up to RM20,000 per business. It has a tenure of 18 months, although no repayment is required during the first six months. Repayment only begins on the seventh month onwards, with a low monthly interest rate of 0.5% or 0.75% – depending on the amount of loan taken.

On top of that, applicants for the Aspirasi Capital for Boost facility can also opt for an additional personal accident micro-insurance plan at a premium of RM79.50 (one-time payment) for a coverage duration of 18 months. Underwritten by Great Eastern General Insurance Bhd, the Aspirasi SME OwnerProtect-X insurance plan will provide applicants with a lump sum payout of RM10,000 for their financing in the event of accidental death or accidental permanent disability. There is also an emergency expenses relief benefit, where they can get reimbursement of up to RM1,000 in the event of accidental death, accidental permanent disablement, and hospitalisation for more than 4 days due to an accident.

According to a statement by Boost, the introduction of the Aspirasi Capital for Boost facility is timely as merchants are currently gearing up for Ramadan. This will require them to invest in necessities, such as bazaar space rental as well as raw material and ingredient costs. Additionally, the loan can be used to help digitalise businesses with contactless payment methods or social media marketing.

The chief executive officer of Boost, Mohd Khairil Abdullah also commented that although the economy is now gradually reopening, many businesses are still facing financial challenges because of reduced footfall and sales due to movement restrictions. “Many micro-businesses are particularly affected, and it’s harder on them because many don’t have access to the traditional financial system. Realising this, last year we moved beyond digital payments into digital financial services and Aspirasi Capital for Boost is part of our new solutions for merchants,” he said.

To apply for the Aspirasi Capital for Boost micro-financing facility, you must be a Malaysian or permanent resident aged between 18 to 65 years old. Additionally, the nature of your business must be shariah-compliant. If you meet these eligibility criteria, then go on ahead and apply online. Alternatively, you can also speak to Boost representatives. If approved, the financing will be credited into your bank account within 48 hours.

For more information, head on over to the
Aspirasi Capital for Boost website here
.

0

0

votes

Article Rating

SHARE

TAGS:

Aspirasi

Aspirasi Assist Covid-19 Assistance Programme

Aspirasi Capital for Boost

Aspirasi SME OwnerProtect-X

Axiata Group Bhd

Boost

Boost App

Great Eastern

Micro Credit Financing

MSMEs

Ramadan

SMEs

About THE AUTHOR

Alex Cheong Pui Yin

Alex Cheong Pui Yin

Previously covered recruitment-related stories and had a short stint as a copywriter for the property industry. She subsequently developed an interest in investment and robo-advisors.

See all articles

Comments

 (0)

Subscribe

Notify of

new follow-up comments

new replies to my comments

Label

Name

Email

Δ

Label

Name

Email

Δ

0
 Comments

 Inline Feedbacks

View all comments


CIMB will show you the world (affordably)

Shanghai. London. Osaka. Rio de Janeiro. Maldives… Have you crossed them off your travel wish list yet?

If you hold a CIMB credit card, you can
fly to all these amazing places and more
 without having to break the bank.

As a cardholder, you’ll enjoy
exclusive deals on a wide range of free and easy getaways, escorted coach tours, cruising vacations and Muslim-friendly packages to destinations across the globe. You can even pay for some of them with a 0% Easy Pay plan.

Just be sure to make your booking before 15 April. And don’t forget your passport!

0

0

votes

Article Rating

SHARE

About THE AUTHOR

John Royce

John Royce

See all articles

Comments

 (0)

Subscribe

Notify of

new follow-up comments

new replies to my comments

Label

Name

Email

Δ

Label

Name

Email

Δ

0
 Comments

 Inline Feedbacks

View all comments


Creative Gift Ideas To Save Money For Christmas

Christmas is just two weeks away and if you’re anything like the majority; you’ve probably not bought a single gift. The panic sweeps over you as you discover that it is the almost painful mid-month broke spell and not a gift has been bought.

Sure, you can always go the “Christmas is so commercialised” route and announce that you refuse to partake it and hence, wipe out the need to buy anyone gifts: but just like the presents you aren’t buying, that story is unlikely to sell.

To help you out; we’ve come up with some pretty unique and creative (cough, cheap, cough) gift ideas that will still make you look like a winner.

1. Going for a Song

Do you have a special song with your significant other? Or perhaps it’s the song your mother sang to you as a child. There’s definitely a song that has special meaning to you and a loved one so why not buy it? Buying just one song on iTunes will cost you at the most, $0.99 (RM3.40) but if you’re feeling particularly generous; you can buy the whole album for $9.90 (RM34). But since we’re looking at cheap; make that song more than wax lyrical for you to the recipient. Write a card or on hipster notepaper about how special the song is; how special the recipient is and how much you hope they’ll enjoy it.

Who said romance need be expensive?

2. Put Together a Care Package

A little more expensive than the first idea, it still won’t break your budget and is no less creative.
Care packages were once humanitarian aid packages
 distributed by the CARE organisation during the Second World War. These packages contained food for the starving people.

Today, care packages contain food and items of comfort for the recipient; a modern day take on the original care package. As such, all you need to do is fill it with simple, everyday treats like biscuits, jams, chocolates or peanuts and another small gift that is personalised to the recipient, like a favourite magazine, novel or DVD.

The reason a care package beats a hamper is because of it’s personalised touch. A care package contains less items than a hamper but each is carefully selected with the giftee in mind.

Create a care package for your friend or loved one with a mix of their favourite snacks and a small gift. The whole thing could cost you less than RM30.

3. Do Their Homework For Them

This idea will cost you nothing in terms of money but a hefty bit of time. We don’t mean actual homework but the ‘homework’ adults need to do in grown-up life that sometimes take a back seat because we’re too busy.

Is your spouse looking to buy a new car? Why not do the research for them. Look up car dealers, loans and installments (or you could just
come to us
 and we’ll help you sort it!) to help them out.

Maybe your parents want to go on vacation. Even if you can’t afford to pay for the event; offer your services as ‘travel agent’ and see what you can do to find them the best deals.

If you know what kind of information your loved one needs; you’ll know if it’s something you can easily do to make them happy. Draw out a ‘research’ contract for them where your gift is offering them this service absolutely FOC.

4. Give Them the Gift of Memories

Everything is digital these days but you still find homes displaying picture frames because there is nothing quite like filling up your living room walls with the memories you have with loved ones.

Frames on their own are pretty sad gifts but put in some memories and the idea takes on a life of it’s own. Print out some of your favourite pictures with the recipient and have these framed in a collage of sorts or put one picture in and give them the rest to rotate if they so wish. Photo printouts only cost RM1 and are instant these days. Just five photos and a simple frame would only set you back RM10-RM15 but will mean much more to your giftee.

5. Give Them a Lunch a Month

Okay; this gift does add up to be pretty expensive but you get to break up the cost into a monthly installment of RM30 (or however much you set as the lunch budget); it gets a lot easier to stomach the cost and; it’s a gift that goes on well into the new year.

The idea is to show the person you care; more than once a year. Give them a card indicating how many months you are committing to buying them one special lunch; the dates you will choose and the budget you are setting.

The idea behind this is to create more opportunities to bond and spend time with each other as well as to cut down the lump sum costs of an expensive bunch of Christmas presents!

And there it is; some creative ideas to saving money and getting your Christmas gift-giving sorted. The internet is also filled with a tonne of ideas on unconventional gifts – you’ll surely be spoiled for choice!

0

0

votes

Article Rating

SHARE

TAGS:

Christmas

Gift Ideas

Shopping

About THE AUTHOR

Diana Chai

Diana Chai

See all articles

Comments

 (0)

Subscribe

Notify of

new follow-up comments

new replies to my comments

Label

Name

Email

Δ

Label

Name

Email

Δ

0
 Comments

 Inline Feedbacks

View all comments