Author: Charles Tan
-
Moratorium starts 7th July yeah. Here are all the banks’ links
If you did not know already, the moratorium starts on 7th July. Depending on when you read this article it may be today or it may have been a few days before. This moratorium is for 6 months and is applicable to all individuals, whether you are under theB40, M40 or T20. So, yes, even…
-
7th July is a new beginning for Penang’s COVID-19 recovery journey
7th July is a new beginning for Penang’s COVID-19 recovery journey. Penang is in SOP Phase 2 for the National Recovery Plan from COVID-19. Congratulations all Penangites and please continue to take all necessary steps to keep this status and soon to move on to the next phase in the very near future. No dine…
-
Would you rent if the rental is too high?
Would you rent if the rental is too high? I love to ask this following question to the participants during my talks. Which one do you prefer? Higher property price appreciation or higher rental yields? Usually, the answer is I want both. Great answer. Does not happen, sorry. (I know some courses say it is…
-
MIEA: Memorandum to Prime Minister and Minister Of Finance- At a Crossroad: MCO and The Real Estate Agency Practice
Press Release: MIEA: Memorandum to Prime Minister and Minister Of Finance- At a Crossroad: MCO and The Real Estate Agency Practice Dear YAB Tan Sri Muhyiddin and YB Tengku Dato Seri Zafrul, MEMORANDUM TO THE PRIME MINISTER & MINISTER OF FINANCERE: AT A CROSS ROAD – MCO AND THE REAL ESTATE AGENCY PRACTICE The Malaysian…
-
Mall to achieve herd immunity?
Mall to achieve herd immunity for the safety of its retail workers as well as the visitors. Is this possible? Imagine visiting a mall where ALL of its workers and staffs are fully vaccinated and they allow only visitors who are fully vaccinated to enter. Would you feel safe to visit such a mall if…
-
MEF: Opt-in moratorium should be automatic instead. Why?
MEF: Opt-in moratorium should be automatic. Why? I am one of the few people who disagrees that moratorium should be offered to everyone, whether or not they actually needed it. I am also one of the few who agrees with the fact that banks are not a charitable organisation and they also have their own…
-
Vaccination is the key. 300,000 per day is the target for July 2021.
I have just received my appointment for 2nd jab for AstraZeneca just 2 days ago. It’s a nice feeling to know that I would soon be as protected as two doses could afford me. I also know that infection is possible but I also know that with antibodies built up with vaccinations, the chance of…
-
Price is an issue. 2 choices; Distance vs Size
Price is an issue. 2 choices; Distance vs Size
-
Wow, 29 applications for up to 5 digital bank license to be awarded by BNM
Yes, there were 29 applications to be among the first few digital banks to start operating in Malaysia. Bank Negara Malaysia (BNM) may issue up to 5 licenses in 2022. Article in themalaysianreserve.com BNM said that various parties including those from state governments has applied for the license. Among notable groups that have applied for…
-
Bankruptcy in Malaysia. How much unpaid debt before one is declared a bankrupt?
Recently, I read this news article in malaymail.com. “Tengku Razaleigh claims bankruptcy levels rising due to Covid-19 pandemic.” Former finance minister Tengku Razaleigh Hamzah today urged the government to take the socio-economic impact of the Covid-19 pandemic seriously. He said, “I have recently received news that the bankruptcy cases have increased from hundreds to 100,000.”…
-
Economic integration and influence? It’s either with us, or with them.
Someone who is a well known economist sent me an article about his views of China as the world emerging power. We have always had occasional conversations and he is a sought after expert on economic matters. I replied him that if Asia has both China and India as the backbone, then it would be…