RainT

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2017-01-09 13:51

moneySIFU

I always confused Chee Wah with Cheetah :)

2017-01-09 15:00

feimah

this chee wah is not my cup of tea.

2017-01-09 17:36

nakata

with recent run, they started pay dividend, last dividend on December was 3.5cents

2017-01-09 21:24

cemertugus

Bank Negara Malaysia (BNM) via its press statement on 2 December 2016 announced several measures intended to enhance the liquidity of the foreign exchange (FX) market with effect from 5 December 2016.

Details are as follow :

A. Treatment of export proceeds

Please kindly be informed that, resident exporters until further notice-

(1) continue to be subject to the 75% requirement to convert proceeds from export of goods.
The remaining balance may be retained in foreign currency trade account (FCA Trade).

(2) may reconvert the 75% of export proceeds for purpose of import and loan obligation supported with firm or anticipatory underlying.
All conversion of ringgit into FCA Trade shall not exceed the 6-month obligation for credit into FCA Trade.

The reconversion shall use the same conversion rate on spot or forward basis (subject to forward points) entered on the same day.


B. Settlement in foreign currency between resident (Grace Period)

All payments due to resident suppliers contracted in foreign currency with another resident shall be allowed to continue to be settled in foreign currency from tomorrow until 31 March 2017.

However, in line with the measures introduced on 2 December 2016, all new contracts and renewed contracts shall be in RINGGIT.

2017-01-10 08:24

cemertugus

http://www.bnm.gov.my/index.php?ch=en_press&pg=en_press&ac=4316&lang=en

http://www.bnm.gov.my/documents/2016/Supplementary_Notice_on_Foreign_Exchange_Administration_Rules.pdf

2017-01-10 08:25

nakata

this is the problem of the our government, hardly see facilitation for business, I'm seeing bigger concern on human resource instead, nevertheless, the bottom line is export counter will make money.

2017-01-10 08:41

Andry Ong

Because of this failed government, the private companies and the rakyat need to pay for it.
We don't have to go very far. Look at Singapore, does the Singapore government need to do all this crab actions ???? and Sing$ keep on going up.
Worst is the people still not waking up and continue to vote for corruptors.

2017-01-10 09:25

Jal 贾彬得

well this country is screwed anyway, u will see ringgit will start falling to 5 and above by end year

2017-01-11 16:37

nakata

Employee suffering as salary no longer match to inflation, food price is shooting high sky, GST stopping people spending, when ringgit plunge further, next probably will be interest rate hike, business unable to repay debts, product unable to sell since cost price unable to mark down, what next we expect?

2017-01-12 00:00

Icon8888

with this kind of buying, result must be very good

2017-02-17 11:37