Morgan Stanley, Goldman Sachs & DBS Start Cutting Jobs
The scariest part of the World Economic Crisis is starting to hit.
The recent talk about US debt surpassing US$10 trillion, about Wall Street collapsing and big banks falling although scary was a little too big to comprehend and a little far removed for the average man on the street. Unfortunately, the ripples of this recession [...]
Should You Reduce Your EPF Contribution?
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The Malaysian Government announced a RM7 billion stimulus package for the Malaysian economy after cutting its economic growth forecast for 2009 from 5.4% to 3.5% (source). Some of the goodies this package offered were RM1.5 billion Investment Funds, RM1.2 billion of low and medium cost houses, RM600 million to upgrade roads, bridges and community [...]
What Are Malaysians Cutting Back Spending On?
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Consumers are a funny lot when it comes to spending. Each consumer has different spending patterns compared to the other and retailers and businesses everywhere spend millions of ringgit trying to crack the code of consumer spending to help them market their products correctly. However, in the recent financial crisis, it did not take [...]
10 Countries Least Affected By Financial Crisis
Despite the gloom and doom surrounding the worldwide markets in the wake of the recent financial crisis, it was very interesting to come across the top 10 countries which are least affected by the financial crisis! These countries are all suffering 80% to 100% less than the United States.
A huge surprise to see on the [...]

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