support@kopiandproperty.com

Advertisements

Previous
Next

Advertisement Banner

Category: Malaysian economy and BNM

seaport during golden hour
Malaysian economy and BNM

Financial News: Your monthly mortgage and other loan repayments will increase

I think this removes away the typical chatter that because there are potential for rates to move up in that one particular world currency, so people prefer to buy that currency and thus ringgit is under pressure all the time. I read this kind of analysis until I am numb now. By the way, exchange rate should just be mostly driven by trade and not all these specualative thoughts. You want speculation, you go invest into something else.

Read More »
four rock formation
Malaysian economy and BNM

Financial news: IMF says world economic growth slows. What about recession?

As per investopedia.com: A recession is a significant, widespread, and prolonged downturn in economic activity. A common rule of thumb is that two consecutive quarters of negative gross domestic product (GDP) growth mean recession, although more complex formulas are also used. Do read the full writeup in investopedia.com here if you like to know better.

Read More »
kuala lumpur building
Financial News

Financial news: IMF chief economist says that inflation could remain high until 2025.

As someone with asset investments (real ones and not the speculative ones), inflation meant that the price of those assets would move upwards with every passing year. That’s good for anyone with an asset. At the same time, whenever I spend money, I noticed that prices have continued to move up. My favourite bowl of fish soup noodle used to be once upon a time RM5. Then, 10% up to RM5.50 and today, it’s RM11. I have no idea if the ingredients really did increase in price that much.

Read More »
landscape photo of night city
China and Hong Kong Property related

PM Anwar: 19 MoUs with RM170 billion of investment commitment from China

China is the second largest economy in the world today. The United States is top. However, China is in Asia. The United States just wants to be in Asia. It’s very far away. According to my friend, google.com it’s over 9000 miles away. In other words, as a trading partner, one is in the same region. So, if I am a Prime Minister of a country within Asia, I do think China is one of the countries I visit first, if not the first. Below would be the preliminary result from the visit and the number is indeed very encouraging.

Read More »
sunway dora
ABCs of Personal Finance

Sunway Dora Achieves 89% Take-Up Rate

Master Community Developer, Sunway Property has launched the residential component of its latest freehold development, Sunway Dora in high-growth Bayan Baru, Penang, achieving an 89% take-up rate in total for the non-bumi condominiums alongside of its 100% take-up rate for its non-bumi commercial shop units which have been launched earlier.

Read More »
a confident woman holding bundles of cash money
ABCs of Personal Finance

Financial news: When inflation strikes hard and fast

Anyway, below image shows the inflation for subgroup food and beverages. It’s rising and many are twice the often thought number. There’s hardly any change or very small change for clothing & footwear, alcoholic beverages and tobacco (these are price controlled), health, communication and electricity and water.

Read More »
security logo
ABCs of Personal Finance

Personal Finance 101: PIDM protecting our savings

Perbadanan Insurans Deposit Malaysia (PIDM) is a Government agency established in 2005 under Akta Perbadanan Insurans Deposit Malaysia (Akta PIDM). How PIDM protects financial consumers? Briefly, do refer below. It protects financial consumers by protecting deposits and takaful and insurance benefits. Briefly, it meant that PIDM would honour the benefits entitled to us the financial consumers even if the provider of such a product happened to fall into some financial issue.

Read More »
Overnight Policy Rate
Malaysian economy and BNM

Overnight Policy Rate maintained at 2.75pct. Negative?

Central banks would always try to help the expansion of the economy. If the economy is slowing down, one possible way the central bank could encourage economic expansion is to reduce the interest rate. This makes it less attractive to put the money into bank and people may choose to invest those instead. With a lower interest rate, the businesses may also take this opportunity to borrow money and expand their business. People may also think it is a good time to invest into property for example. So, reducing the interest rate is one such measure.

Read More »
Investment
Malaysian economy and BNM

Recession Malaysia to be a reality in 2023?

This is the definition for recession. A recession is a significant, pervasive, and persistent decline in economic activity. (Investopedia) Briefly, it meant that people spend less than last year. Imagine getting the same salary this year as last year. However, because of sentiment, you decided to spend less and save the money into the savings account instead. Now imagine another 100,000 people who has the same thoughts all doing the same. Suddenly, the number of people spending in malls are reduced.

Read More »
inflation
ABCs of Personal Finance

Interest rate will go up further in Jan 2023

Maybank IB says that it’s possible for Bank Negara Malaysia (BNM) to increase the rate by another 25 basis points. It’s 0.25%. If we are thinking of buying a home or even paying for a mortgage currently, what’s the impact of this potential 0.25% rate increase? For a RM500,000 home and a 10% deposit, a change in 0.25% rate would mean a change of monthly repayment by roughly RM61.

Read More »

Categories

Stay updated with our Daily News

Don’t miss any latest updates on your email

Like Us For Daily Investment News And More

Back to top icon

Copyright 2019 © kopiandproperty.com All rights reserved

Powered by ☆ Cheston Choo

join the family

Like us for daily investment news and more

Hit the like