Thursday, December 29, 2011

(Sumber :

PETALING JAYA: The revised employers’ statutory contribution rate of 13% to the Employees Provident Fund for workers earning less than RM5,000 a month will take effect next month.

EPF public relations general manager Nik Affendi Jaafar said the 1% increase from the current 12% will benefit about 5.3 million working Malaysians, who make up 92% of EPF’s active members.

“The employees’ contribution rate remains at 11%,” said Nik Affendi in a press statement yesterday.

Employees who are 55 years and above and earning wages not exceeding RM5,000 will also benefit from the revised rates, as employers are now required to contribute at 6.5% – an additional 0.5% from the current 6%.

The rate increase was announced by Prime Minister Datuk Seri Najib Tun Razak in his Budget 2012 speech as a move to help those with insufficient savings to bear the cost of living upon retirement.

While most employees will welcome the boost in their retirement savings, employers fear that the increase will be a burden to them.

Malaysian Employers Federation executive director Shamsuddin Bardanhad said most employers may find it difficult to absorb the additional cost and that they might reduce their manpower.

( Ini merupakan satu berita gembira kepada para pekerja yang bergaji rm5000 ke bawah. Tanpa perlu membuat sebarang caruman tambahan, mereka dapat menikmati caruman tambahan sebanyak 1% yang diberi oleh majikan mereka. Gunakan peluang ini sebaik mungkin. Kalau boleh, fikirkan cara untuk memaksimakan pulangan dari akaun 2 kwsp anda.

Untuk aku pula, berita ni tade memainkan peranan apa2 pun. Duit dalam kwsp aku pun dah tak naik2 dah bape lama dah. Tade orang nak tolong carumkan hehe...)

Wednesday, December 28, 2011

Ada duit banyak pun susah?

(Sumber :

MUMBAI, India (AP) -- Ajay Piramal is sitting on a mountain of cash. Yet the billionaire Indian tycoon, working in one of the world's fastest growing economies, is struggling to figure out what to do with the money.

The problem isn't opportunity, he said. It's India.

"Every large investment, there was no transparency," Piramal said.

His dilemma is a worrying sign for India. With the country mired in corruption, bureaucratic red tape and unclear and changing government policies, many of the men who made their billions here are saying maybe it's time to quit India. It's got to be easier to do business elsewhere.

In May last year, Piramal's healthcare business sold its generic drug operations to U.S. pharmaceutical giant Abbott Laboratories for $3.8 billion. Piramal, a tall big man in a country that still measures prosperity by girth, was eager to set that cash pile to work. He wanted to expand one of his chemical plants, but was told it would take five years.

"The same plant could be set up in China in two years," he said. "I love India, but my customer is not going to wait."

India, still a beacon of relatively fast growth despite a troubled world economy, should be a magnet for capital. Instead, since the beginning of 2010, the amount that Indians have invested in businesses overseas has exceeded the amount foreigners are investing in India, according to central bank figures.

In part this reflects the confidence and aptitude of India's maturing companies and the current malaise in the global economy and financial markets. But it also reflects deep problems at home. India's big coporations may be cash rich but the failure to invest that money domestically is bad news for a developing country that needs capital to build the roads, power plants and food warehouses that could help lift hundreds of millions out of dire poverty.

The frustration of India's business elite with corruption, political paralysis, log-jammed approvals, regulatory flip-flops, lack of access to natural resources and land acquisition battles — to pick a few of the top complaints — has reached a pitch perhaps not heard since India began liberalizing its economy in the early 1990s.

"If you are an honest businessman in India, it's very difficult to start up anything," said Jamshyd Godrej, chairman of manufacturing giant Godrej & Boyce. "Companies are going to operate where they see the best opportunities and efficiency for their capital."

Increasingly, that's outside India.

In 2008, foreigners poured roughly twice as much direct investment into India — $33 billion — as Indians plowed into businesses overseas. By 2010, that had reversed: Indians invested $40 billion abroad — twice as much as foreigners invested in India — a trend that's continued this year.

There is another, unspoken element to all the complaints. To the extent that business in India ran on corruption, some of the old, dirty ways of doing things are being disrupted, freezing India's already glacial bureaucracy, business leaders say.

Scandals in the staging of the Commonwealth Games, the pilfering of homes meant for war widows and the irregular auction of cellphone spectrum that cost the country billions has sent parliamentarians and even a Cabinet minister to prison.

With Indians tiring of the incessant graft, tens of thousands of middle-class protesters poured into the streets and pushed an anti-corruption bill onto the floor of Parliament.

Steelmakers can't get enough iron ore because a massive mining scandal in the southern state of Karnataka prompted a court to order the closure of illicit mines that account for a fifth of iron ore production in the country.

The bureaucrats — even the honest ones — are reportedly so scared of being punished they are refusing to make the decisions needed to make the country run.

Piramal is not unpatriotic. Each room in his executive suite is named after an Indian epic hero: Arjuna, the most pure; Dhananjay, acquirer and master of wealth. There's a quote from the Upanishads scriptures on the wall.

His office sits in a one million square foot office park in Mumbai his family built. The buildings around him — white with blue glass that flashes back the unforgiving sun — bear his own name in large black letters: Piramal Towers.

Piramal had the will and the means to build power plants and roads.

Instead, his Piramal Group's largest investment to date has been in one of the office park's tenants: the Indian subsidiary of the British telecom giant Vodafone Plc.

Last September, when he got the first payout, of $2.2 billion, from Abbott, the phone started ringing.

"Because people knew we had money, we had so many people approaching us for projects in the infrastructure sector," he said. "These people had no experience and no knowledge and no track record of having built a business in any area. And yet they were coming to us saying we have licenses and approvals. That just didn't sound right or smell right."

Each day, they paraded through his office: The investment banker who decided to build a 500 megawatt power plant, the coal trader assured of a government coal allocation, small-time miners with pretty presentations promising land, licenses and financing.

"They'd name politicians from the center and the state who had it all tied up for them," he said. "It didn't sound right. Obviously there were things going on in the system."

Road and port projects weren't much better, he said.

Piramal also looked at investing in engineering and infrastructure services companies, but couldn't make sense of their books.

"We couldn't find anything," he said. "People get greedy. In their desire to get good valuations they resort to, if I can say, creative accounting."

Today, India's infrastructure companies are known as great wealth destroyers.

"Infrastructure investment has become untouchable, a sure way of losing money," said Jagannadham Thunuguntla, head of research at SMC Global Securities. He calculates that four of India's top infrastructure companies — GMR Infrastructure, GVK Power and Infrastructure, Lanco Infratech and Punj Lloyd — have lost over 80 percent of their value since 2007. A fifth, Larson & Toubro is down 50 percent.

Piramal may have dodged a bullet, but shareholders in Piramal Healthcare aren't happy. Despite a $600 million special dividend and share buyback, the share price has sagged since the Abbott deal was announced on May 21 last year. They'd like to see the Abbott cash productively deployed. Instead, much of it is sitting in fixed deposit accounts.

Piramal said he really does want to run a pharmaceutical company and be the first Indian company to discover a world-class drug — despite his dabbling in telecom, financial services and real estate financing. It's just that pharma can't absorb all his cash. He plans to sell the 5.5 percent stake he picked up in Vodafone Essar for $640 million in a few years, when Vodafone Essar issues shares in an initial public offering, he said.

He has also launched Piramal Capital, to make real estate and infrastructure loans, and spent about $50 million to acquire IndiaReit, a real estate investment company.

Meanwhile, his thoughts have turned to Boston, where he set up IndUS Growth Partners with a professor from Harvard Business School to look for buying opportunities in the U.S., in security, financial services and biotechnology. And he said he's still planning to spend over a billion dollars on biotechnology acquisitions in North America and Europe.

"India was going more towards capitalism than socialism," Piramal said. "I think we're going back. Capitalism went to too much excess. Corruption levels went to the extreme."

He said he'll announce his first overseas acquisition by March.

( Ada duit banyak pun susah, tade duit lagi la susah...hehe)

Tuesday, December 27, 2011

How bad do you want it?

" If u want to succeed as bad as u want to breath, then u'll be successful"

Wednesday, December 21, 2011

Lanjutan Premium Hartanah Leasehold hanya RM1000?

( Sumber : )

Rakyat yang menghadapi masalah menjelaskan bayaran premium tanah akan dibantu kerajaan negeri demi memastikan rakyat di Selangor memiliki rumah sendiri.

Kerajaan negeri menetapkan bayaran serendah RM1,000 bagi penyelesaian isu itu dan bagi mereka yang masih tidak mampu berbuat demikian, mereka boleh menjalankan aktiviti kemasyarakatan di bawah seliaan Jabatan Kebajikan Masyarakat (JKM) yang kemudiannya akan membantu individu tersebut menjelaskan bayaran premium berkenaan.

Menteri Besar Selangor, Tan Sri Abdul Khalid Ibrahim berkata, kerajaan negeri prihatin dan menyedari terdapat sebahagian rakyat di negeri ini menghadapi masalah menjelaskan bayaran premium yang tinggi bagi pemilikan tanah.

Ekoran itu katanya kerajaan negeri membuat keputusan rakyat yang diberikan hak pemilikan tanah boleh membayar premium tersebut dengan bayaran minima sebanyak RM1,000.

Bagi mereka yang masih tidak dapat menjelaskan bayaran RM1,000 itu, katanya, bantuan menerusi JKM akan diberikan dengan syarat golongan tersebut perlu menjalankan tugas kemasyarakatan yang akan ditetapkan mengikut keperluan.

Jelasnya, pendekatan itu diambil kerana kerajaan negeri mahu membantu rakyat di Selangor terutama yang kurang berkemampuan memiliki kediaman sendiri.

“Rakyat mesti diberi kesempatan untuk memiliki tanah kediaman mereka jadi oleh sebab itu kerajaan negeri telah banyak buat program bagi borang 5A iaitu borang yang kita setujui penghuni rumah tersebut boleh mendapat geran tanah.

“Tapi yang susahnya bila baca surat itu ada bayaran premium di mana bayaran itu berasaskan nilai tanah, lagi mahal tanah lagi banyak premium kena dibayar iaitu sekurang-kurangnya 20 peratus daripada nilai tanah,” katanya pada Program Mesra Antara Menteri Besar Dan Rakyat di Dengkil. Turut hadir pada program sama ialah barisan Exco negeri Selangor, Teresa Kok, Dr Xavier Jayakumar dan Ronnie Liu.

Menurut Abdul Khalid, berikutan itu kerajaan negeri menerima banyak permintaan bagi mengurangkan bayaran premium tersebut.

“Cara yang terbaik kalau mereka tak dapat membayar premium, cara yang kita beri kita akan tawarkan mereka satu cara yang lain iaitu mereka yang tak boleh membayar, kita benarkan mendapatkan geran tanah dengan hanya membayar RM1,000 sahaja.

“Kalau lagi ada keluarga yang tidak boleh membayar RM1,000, kita juga akan bantu melalui Jabatan Kebajikan Masyarakat supaya mereka dibantu.. tetapi mereka kena buat kerja, tak bayar dengan duit mereka kena buat kerja kebajikan,” katanya.

Abdul Khalid berkata, tindakan itu dikenakan kerana mahu rakyat di Selangor bertanggungjawab terhadap apa yang mereka miliki dan tidak menganggap mudah segala bantuan diberikan kepada mereka.

Beliau menambah, kerajaan negeri sentiasa mementingkan kebajikan rakyat dan sering memberi keutamaan kepada mereka demi memastikan nasib golongan itu mendapat pembelaan sewajarnya.

( Aku macam wonder, sapa yang layak untuk enjoy benda ni? seluruh pemilik hartanah leasehold di Selangor kah? Kalau ya, ini sudah bagus...Lepas ni memang naik la lagi harga hartanah leasehold terutamanya di kawasan2 prime macam Shah Alam, Kota Damansara etc.

Lepas tu, macam mana nak identify siapa yang dikira berkemampuan? kalau mampu, then kena bayar harga premium macam kiraan biasa ke? Kalau macam tu, senak la...

Apa2 pun kita tunggu dan lihat bagaimana kerajaan Negeri Selangor nak implement benda ni....Dah2 nak dekat pilihanraya ni, macam2 benda best yang diberi oleh kedua2 parti sama ada kerajaan atau pembangkang...aku tumpang seronok je hehe...)

Tuesday, December 20, 2011

Kes Hangat Terkini

Mari kita bandingkan ketokohan dua golongan ini :

Di sini kita dapat lihat kenapa ilmu dan pendidikan itu amat penting...terutamanya ilmu yang dipraktikkan dan bukan ilmu menjawab exam semata2...

Renung2kan lah...

(PS : Sekadar selingan...hehe)

Friday, December 16, 2011

Cerita Lelongan HighCourt KL

Salam sejahtera semua...

Lama dah aku tak borak pasal lelong kan...senyap je...Kali ni nak citer pasal lelong plak ah...

Pagi semalam aku ke highcourt kl untuk participate dalam satu lelongan hartanah. Unit ni aku sendiri yang nak bid. Dah lama aku usha unit ni. Since last week lagi. Tapi hati tu masih ragu2. Lama gak la aku fikir nak ke tanak untuk masuk bidding unit ni.

Actually aku ragu2 sebab condition rumah ni agak teruk. Memang rumah tinggal. Api n air memang dah tade. Tingkap pun banyak yang pecah. Kalau nak repair, aku budget tak lari dari rm10k. Maybe lebih. Pastu plak, tunggakan dia je dah cecah RM13k. Itu pun nasib baik bank cover. Kalau bank tak cover, konpem aku drop terus unit ni. Pi carik unit lain plak.

Yang menariknya unit ni, harga reserve dia terlalu murah. Lebih 60% below market value. Tu yang goyang tu. Sampai aku pun cuak apsal terlalu murah. Siap terfikir rumah ni ada hantu etc hehe...Last2 awal2 pagi semalam baru aku decide n nekad nak cuba jugak. Mana la tau kot2 ada rezeki dapat reserve. Memang konpem kenduri besar la. Kalau betul ada masalah hantu, nanti boleh carik ghostbuster kasi tolong setel.

Malangnya, apa yang aku angan2kan tidak kesampaian. Belum pun pukul 9am, dah ada lebih 10 pembida register untuk unit ni. Duh! aku ingatkan tempat ni tak de la hot mana pun. Hampehs tul. Konpem kalah la ni. Budget aku ciput je. Itu pun aku mmg 50-50 nak masuk atau tidak. Memang la budget aku rendah.

Yang menambah bengang, ni lelongan mahkamah. Lelongan mahkamah mmg sucks big time. Lembab tak hingat. Bayangkan, aku register before 9am, kol 1130am baru unit ni sedia untuk dilelong. 2 jam setengah aku melangut macam orang bodoh. Memang sistem diorang sucks aa.

So berbalik pasal lelongan unit ni tadi, total ada 26 pembida. Aku sorang je melayu. Ada lagi satu india. Yang lain sumer cina. Bangga la kejap sbb ada gak la sorang melayu yang tau pasal potensi unit ni hehe...Lawan punya lawan, as expected, harga naik sampai MV. Keh keh keh...gile tul la..baik la beli subsale. Ada satu unit bersebelahan dengan unit lelong ni pun nak jual ikut market. Siap ada kitchen cab, water heater ngan aircond lagi. Takyah pikir pasal tunggakan n 120days tu. Apa la diorang ni. Tak paham sungguh...BTW yang menang bidding ni adalah india yang sorang tu. Hebat gak boleh kalah kan 25 orang yang lain..."tahniah" diucapkan...

Rasanya lepas ni hibernate balik la. Tunggu next year kalau nak masuk bidding balik. Kasi simpan peluru kaw2 the same time, terus menerus menambah stok silver...weeheee....

Wednesday, December 7, 2011


( Source : R.T newsletters "Conspiracy of The Rich" #110)


I sat in my dentist’s office, having my teeth cleaned, and watched TV. My dentist is a great dentist because he is a great businessman. He knows how to treat his customers. On top of that, I rarely see him. He has a great staff of friendly and attentive workers. Before I walked out, his receptionist had already scheduled me for my next visit.

But this
Conspiracy of the Rich (COR) update isn’t about the euphoria of having my teeth worked on. It’s about the euphoria I watched on TV at my dentist’s office. With my mouth open, I watched the stock market climb by 400 points and the prices of gold and silver climb, wondering what was going on. Why were prices screaming up?

Here’s what I found out from my friends in different parts of the world.

Cash injection

Apparently, one or two European Banks were in big trouble with money flowing out, a.k.a. a
bank run. To stop the run from spreading, six central banks stepped in to prevent a European panic. The six banks were The Federal Reserve, Bank of Canada, Bank of England, Bank of Japan, Swiss National Bank, and the European Central Bank.

These central banks lend money at extremely low interest rates to nations, such as Italy, that are in trouble and to large commercial banks in Europe. Last week, these central banks loaned out tons of US dollars printed out of thin air, which caused markets to rally.


At the same time, China’s central bank, The People’s Bank of China, cut
reserve requirements for their commercial banks.

For those of you who have read
Conspiracy of the Rich, you know that a reserve requirement is the percentage of money held in reserve, with the bank lending out the rest. For example, if a bank has a $100 deposit from a saver, and the government requires banks to hold a 10 percent reserve, the bank can lend out $90 while holding $10 in reserve.

The US requires banks to have a 10 percent reserve. The Chinese banks now require their banks to hold 21 percent reserve, down from 21.5 percent. This 0.5 percent reduction freed about 390 billion yuan (about $61 billion) into the Chinese economy.

The problem for China is that Europe is their biggest customer, and as Europe slows, the Chinese economy also slows. That’s why the Chinese central bank responded by reducing its reserve requirements, hoping to “ease” more money into their economy.

Will this solve the problem? No. But it’s a nice euphoria, although temporary.

One big, hot air balloon

The reason for the happiness is that the markets feel the central bankers of the world will keep printing money to save the economy.

The problem is that the global economy is like a giant hot air balloon with a tear in the side, and the rip is growing. In an attempt to prevent a global depression, central bankers of the world are throwing money into the gash, hoping the cash will plug the leak.

The more counterfeit money central banks throw into the gash, however, the higher prices go due to inflation and taxes. Taxes have to go higher in order to pay the interest on the counterfeit dollars. Those taxes come from you and me. The central banks put their hands in our pockets via taxes and inflation.

Life will get harder

As stated in COR, this is how the ultra rich get richer. Unfortunately, this is also how the poor and middle class get poorer.

The best way to avoid being a victim of this massive conspiracy is to change your mindset and the rules of money by which you play. As stated in COR, the rules of money were changed in 1971, the year the US came off the gold standard. Life is very difficult for those who operate via the old rules of money, such as work hard, save money, get out of debt, and invest for retirement in the stock market.

Rather than euphoria, I’m afraid we will only have more rioting around the world. The rioting in Egypt was caused by the price of food going up. That problem is now spreading around the world. This is why you s
see the prices of gold and oil going up, causing more inflation and more rioting.

At the risk of sounding commercial, I recommend people read
Unfair Advantage, my book with more information on how I use the new rules of money. Also, you may want to consider our advanced education and coaching programs.

As you know, this crisis has already damaged millions of people. As the crisis grows, millions more will be wiped out financially. Please don’t be one of them.

Can the crisis be solved?

It’s possible this crisis can be solved, but not likely. Our leaders are too weak and too chicken to do what must be done. Their lack of guts will only cause the problem to grow bigger. Besides, many of our leaders get richer off the misery of others.

I’m not counting on my leaders. I don’t think it matters who becomes the next President. I think it’s time to start saving yourself and your family.

So the good news is that in a few years there will be lots of money thanks to the cash pumped into our system by the central banks.

The bad news is that prices and taxes will be much higher—if we’re lucky.

Thursday, December 1, 2011

9 kesilapan utama pelabur hartanah

Just found a good link pasal tajuk di atas. Maklumat yang bagus untuk dikongsi bersama.

Video ini dibuat oleh KC Lau. Seorang yang terkenal dalam bidang personal finance di malaysia. Kena register nama n email dulu then korang akan dapat link untuk view video dan dload ebook. Free je.

Selamat menonton dan menambah ilmu!