Posts filed under 'Business and Investment'

Marlborough coming to Johor

Marlborough is coming to Johor Bahru, and we are not talking about Marlboro the cigarette (which has already infested Johor Bahru anyway).

Marlborough College, the prestigious British Boarding school has inked an agreement to setup a boarding School in Nusajaya, part of the Iskandar Malaysia expansion plans. Enrolment is targeted to start in year 2012, when the college will accept students ranging from 5 to 18 years of age. This will offer an obvious choice for expats working in Johor Bahru who are committed to giving their children the best possible education - at a price.

Projected cost of fees will be between RM$35,000 to RM50,000 per annum. At this rate, it is the equivalent cost of the university fee Singaporeans pay for NUS and NTU. There are already Read on…

3 comments October 31st, 2009

Company Spotlight: Badan Bookstore

Walk into Plaza Angsana located in Tampoi, Johor Bahru and one store that is hard to miss is Badan Bookstore. Occupying a total area of 12,500 sq ft at Level 3 of Plaza Angsana, this bookstore sells everything from educational guides, Malay books, magazines, maps, gift sets and stationeries.

During weekends, this bookstore gets especially busy with parents bringing their kids in tow. Mothers will be searching for the latest recipe books and kids are attracted to educational books loaded with plenty of graphics. Fathers will probably be in the magazine section picking up the latest copy of football and automobile magazines, or simply finding a good political book for a weekend read. It is also a common sight to see students in school uniforms picking up assessment books in preparation of their SPM exams Read on…

8 comments September 26th, 2009

Declining Fixed Deposit Interest Rates and Currency Value in Malaysia

Malaysian Ringgit has recently been on a decline against the Singapore dollar.

Limsimi.com - Singapore Dollar/ Malaysian Ringgit Comparison

Limsimi.com - Singapore Dollar/ Malaysian Ringgit Comparison

From a low of 1 Singapore Dollar = 2.32 Malaysian Ringgit in March 2009, it is now 1 Singapore Dollar = 2.43 Malaysian Ringgit!

In addition, fixed Deposit Rates in Malaysia has recently been on a decline. From a high of 4.5% pa that we see last year, we now see most banks offering FD rates at 2.5% pa.

Examples include (assuming 12 months tenure):
Deutsche Bank (Malaysia) Berhad – 2.5% pa
RHB Bank Berhad – 2.5% pa
United Overseas Bank (Malaysia) Berhad – 2.5% pa
Hong Leong Bank Berhad – 2.5% pa

Therefore the Golden Question: Should put your money into Malaysian Fixed Deposit? Read on…

1 comment June 20th, 2009

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