Sometime early this year, Base Rate (BR) was implemented to replace the previous Base Lending Rate (BLR) system. Under the Base Rate system, this rate will be the main reference rate for new retail floating rate loans. Banks in Malaysia can also determine their interest rate based on a formula that was set by the […]
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RPGT Malaysia
Real Property Gains Tax also known as RPGT is a form of capital gains tax imposed by the Malaysian Government on the disposal of property in Malaysia. Real Property Gains Tax was previously suspended temporarily from 2008 to 2009. It was reintroduced again in 2010 and the rates have been increasing since then. According to […]
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Public Bank FD Xtra Campaign
Good news for those of you who have plenty of money and nowhere to park it. Public Bank and Public Islamic Bank have team up again to come with high interest Fixed deposit plan in Malaysia. This promotion was previously available and now being launched again due to overwhelming response. For a limited time, you […]
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