Category Archives: Business

Genneva Malaysia Updates

Genneva Malaysia Updates Genneva Malaysia updates by Bank Negara Malaysia (BNM) shown that more than 8,000 customers of gold investment company Genneva Malaysia Sdn Bhd have yet to receive their gold amounting to over 4,000kg despite having settled their payments. In a statement, the bank added that company documents seized showed that some customers, who had surrendered their… Read More »

Genneva Malaysia Latest News

Genneva Malaysia Latest News The Umno Youth community complaints bureau will provide 10 lawyers for the 8,000 people who participated in a gold investment scheme through Genneva Malaysia to get back their investment from the company through civil action. Bureau chairman Datuk Khairun Aseh said the legal aid would be provided free and urged the investors concerned to… Read More »

Bandar Malaysia

Bandar Malaysia is another strategic development for a long-term national growth to further strengthen Kuala Lumpur’s global competitiveness as cities compete to attract international investors and businesses. Government-owned strategic development company, 1Malaysia Development Bhd (1MDB), the master developer for Bandar Malaysia, signed the sale and purchase agreement (SPA) with Federal Land Commissioner for the transfer of 196.6 hectares… Read More »

Banking @ Personal Financing Blog

For the past 2 weeks, I have started a blog for my friend called Banking @ Personal Financing Blog at This blog is about anything related to banking industry. This blow is  manage by my friend who has been in the industry for many years, while the maintenance is done by myself. Eventhough, the blog was only… Read More »

Buy Online – PIKOM online megasale

Pikom — the Association of the Computer and Multimedia Industry of Malaysia — wants to create an online version of the Malaysian Mega Sale, the annual nationwide shopping promotion involving hundereds of malls in the country. The campaign, called Buy Online, will be held during Pikom’s inaugural National ICT (information and communications technology) Month, or NIM in short… Read More »

Currency Trading by Chedet

Read this by Tun Mahathir our ex-Prime Minister. 1. Currency trading is another non-real contributor to the wealth of the rich countries. The trading again involves non-existent money. Banks would lend as much as 30 times the amount of investors’ money held by the traders. The loan is again made up of bank created money. So also would… Read More »

CIMB Xpress Cash is a legal loan sharks

The CIMB Xpress Cash advertisement look nice and convincing and you might think that it just another personal financing from our local bank. Since they aggressively promote this product I drop to their nearest branch to ask for 10k cash. To my surprised, their profit rate is as high  as 24% per annum compared to 5-8% offered by… Read More »

Sime Darby’s selective prosecution

What a big news this week, few top management from Sime Darby (e-ghope actually) was dismissed and resigned due to RM120mil trading losses at GHope’s wholly owned refinery Golden Jomalina. Razidan Ghazalli and Muhammad Mohan Kittu Abdullah decided to fight on by refusing to resigna and they were dismissed ! While the other 3 Dato’ Sabri Ahmad, Dr… Read More »