My Financial News from Malaysia, Savings

from Bing and Google News
Malaysia , Thursday 16 April 2026

News Malaysia Savings: ‘Black magic’ scams prompt Malaysia police warning for elderly to be on their guard

Published on: Sunday 06 August 2023
‘Black magic’ scams prompt Malaysia police warning for elderly to be on their guard
News source: https://www.scmp.com/news/asia/southeast-asia/article/3230209/black-magic-scams-prompt-malaysia-police-warning-elderly-be-their-guard

Victims recount being put into a trance by strangers who convince them to hand over their valuables in return for help ‘to turn their fate around’, police said.

News Malaysia Savings: 'I stashed £5,000 life savings in cardboard box - then my worst nightmare came true'

Published on: Friday 28 July 2023
'I stashed £5,000 life savings in cardboard box - then my worst nightmare came true'
News source: https://www.mirror.co.uk/news/world-news/i-stashed-5000-life-savings-30579319

Khairul Azhar told how his grandmother assumed hiding the cash in the box well tucked away would be a way of keeping her savings nearby and perfectly safe - before realising her nightmare mistake ...

News Malaysia Savings: I stashed my £5,000 life savings in a cardboard box – but when I returned to use it my worst fears came true

Published on: Thursday 27 July 2023
I stashed my £5,000 life savings in a cardboard box – but when I returned to use it my worst fears came true
News source: https://www.thesun.co.uk/news/23225129/stashed-life-savings-cardboard-box-worst-fears-came-true/

A WOMAN revealed how she stashed her £5,000 life savings into a cardboard box but was left devastated when she returned to use it. Khairul Azhar took to Facebook to share the grisly story behind ...

News Malaysia Savings: The 1975 face potential lawsuit amid same-sex kiss controversy in Malaysia: Here's what you need to know

Published on: Wednesday 26 July 2023
The 1975 face potential lawsuit amid same-sex kiss controversy in Malaysia: Here's what you need to know
News source: https://www.aol.com/entertainment/1975-cancels-shows-amid-same-193817964.html

The 1975, the British pop-rock band fronted by Matty Healy, is facing a class-action lawsuit in the wake of its stage protest against Malaysia's anti-LGBTQ laws on Friday.

News Malaysia Savings: Malaysian grandmother's haj savings lost to termites

Published on: Wednesday 26 July 2023
Malaysian grandmother's haj savings lost to termites
News source: https://www.todayonline.com/world/malaysian-grandmothers-haj-savings-lost-termites-2220351

KUALA LUMPUR — A Malaysian netizen's social media post expressing despair over the loss of his grandmother's haj savings to termites has gone viral.

News Malaysia Savings: ‘White savior complex’: Malaysia’s LGBTQ community slams The 1975’s Matty Healy’s onstage kiss

Published on: Tuesday 25 July 2023
‘White savior complex’: Malaysia’s LGBTQ community slams The 1975’s Matty Healy’s onstage kiss
News source: https://www.cnn.com/2023/07/25/asia/matty-healy-the-1975-malaysia-lgbtq-intl-hnk/index.html

When British singer Matty Healy grabbed bandmate Ross MacDonald for an onstage kiss during their Malaysia concert on Friday, following a profanity-laden speech slamming the country’s anti-LGBTQ laws, he likely thought it an act of protest and solidarity.

News Malaysia Savings: Reduced to shreds: Malaysian grandma’s $8,700 savings eaten by termites

Published on: Tuesday 25 July 2023
Reduced to shreds: Malaysian grandma’s $8,700 savings eaten by termites
News source: https://www.straitstimes.com/asia/se-asia/reduced-to-shreds-malaysian-grandma-s-8700-savings-eaten-by-termites

The woman had saved the money in a cardboard box for her pilgrimage to Mecca in 2024. Read more at straitstimes.com.

News Malaysia Savings: Keep money in biscuit tin instead? Malaysian grandma's $8,700 savings eaten by termites

Published on: Tuesday 25 July 2023
Keep money in biscuit tin instead? Malaysian grandma's $8,700 savings eaten by termites
News source: https://www.asiaone.com/malaysia/keep-money-biscuit-tin-instead-malaysian-grandmas-8700-savings-eaten-termites

A woman in Malaysia has had her savings literally reduced to waste paper after termites ate through banknotes stored in a cardboard box. The woman had stashed RM30,000 (S$8,700) in the box for her pilgrimage to Mecca in 2024. Her grandson, Khairul Azhar, posted a photo on Facebook on Monday (July 24), showing the notes that had been shredded by...

News Malaysia Savings: Malaysia among top destinations for Chinese buyers, western expatriates, says property tech company

Published on: Sunday 23 July 2023
Malaysia among top destinations for Chinese buyers, western expatriates, says property tech company
News source: https://www.malaymail.com/news/money/2023/07/24/malaysia-among-top-destinations-for-chinese-buyers-western-expatriates-says-property-tech-company/81429

KUALA LUMPUR, July 24 — Malaysia is more desirable than ever with expatriates and investors worldwide as a property investment destination as the country has rebounded from...

News Malaysia Savings: Malaysians should have EPF savings of at least RM240,000 to retire comfortably, says Ahmad Maslan

Published on: Sunday 23 July 2023
Malaysians should have EPF savings of at least RM240,000 to retire comfortably, says Ahmad Maslan
News source: https://www.malaymail.com/news/malaysia/2023/07/24/malaysians-should-have-epf-savings-of-at-least-rm240000-to-retire-comfortably-says-ahmad-maslan/81441

KOTA BARU, July 24 — Workers in the country should have Employees Provident Fund (EPF) savings of at least RM240,000 by the time they reach the age of 55 to enable them to...

News Malaysia Savings: SCIB Celebrates Sarawak Day With Life-Saving Blood Donation Drive

Published on: Thursday 20 July 2023
SCIB Celebrates Sarawak Day With Life-Saving Blood Donation Drive
News source: https://www.asiaone.com/business/scib-celebrates-sarawak-day-life-saving-blood-donation-drive

KUCHING, MALAYSIA, Jul 21, 2023 - (ACN Newswire) - Civil engineering specialist Sarawak Consolidated Industries Berhad ("SCIB" or the "Company") is pleased to announce that they have organised their annual blood donation drive in collaboration with the Sarawak General Hospital Blood Bank in honor of Sarawak Day. The initiative, known as "SCIB Blood Donation Day", is part of the company's...

News Malaysia Savings: All 7-Eleven Stores in Malaysia now accept Alipay+

Published on: Tuesday 18 July 2023
All 7-Eleven Stores in Malaysia now accept Alipay+
News source: https://businessmirror.com.ph/2023/07/19/all-7-eleven-stores-in-malaysia-now-accept-alipay/

Ant Group, the operator of Alipay+, a suite of global cross-border digital payment and marketing solutions, today announced the latest expansion of Alipay+ coverage to all 7-Eleven stores in Malaysia, ...

News Malaysia Savings: PM’s claim of saving Umno is 'fabricated' - Annuar

Published on: Tuesday 18 July 2023
PM’s claim of saving Umno is 'fabricated' - Annuar
News source: https://www.malaysiakini.com/news/672433

His comments came after Anwar Ibrahim accused former premiers Dr Mahathir Mohamad and Muhyiddin Yassin of plotting to deregister Umno post the 14th general election ...

News Malaysia Savings: Should You Invest in Malaysia?

Published on: Sunday 16 July 2023
Should You Invest in Malaysia?
News source: https://sg.finance.yahoo.com/news/invest-malaysia-233000744.html

There are opportunities and risks when you look at Malaysian stocks. The post Should You Invest in Malaysia? appeared first on The Smart Investor.

News Malaysia Savings: Malaysia's EPF mulls mandatory monthly withdrawals

Published on: Thursday 13 July 2023
Malaysia's EPF mulls mandatory monthly withdrawals
News source: https://www.pionline.com/retirement-plans/malaysias-epf-mulls-mandatory-monthly-withdrawals-younger-generation

The Employees Provident Fund is proposing mandatory monthly payouts, as opposed to lump-sum withdrawals, for participants born in or after 2010.

News Malaysia Savings: Razorpay launches full-stack payments in Malaysia

Published on: Tuesday 11 July 2023
Razorpay launches full-stack payments in Malaysia
News source: https://economictimes.indiatimes.com/tech/startups/razorpay-launches-full-stack-payments-in-malaysia/articleshow/101696033.cms?from=mdr

The company had acquired recurring payments startup Curlec in 2022 and its full-stack payment product is now going live. Razorpay will also leverage Malaysia to enter other South East Asian countries.

News Malaysia Savings: Razorpay launches its payment gateway for businesses in Malaysia

Published on: Tuesday 11 July 2023
Razorpay launches its payment gateway for businesses in Malaysia
News source: https://www.financialexpress.com/industry/sme/msme-razorpay-launches-its-payment-gateway-for-businesses-in-malaysia/3167170/

The new Curlec Payment Gateway by Razorpay aims to reach over 5,000 businesses in Malaysia by 2025, targeting RM10 billion in annualised Gross Transaction Value (GTV).

News Malaysia Savings: Blind in Malaysia not spared by scammers, lose more than $430k to ‘investment fund’

Published on: Tuesday 11 July 2023
Blind in Malaysia not spared by scammers, lose more than $430k to ‘investment fund’
News source: https://www.straitstimes.com/asia/se-asia/blind-in-malaysia-not-spared-by-scammers-lose-more-than-430k-to-investment-fund

Several victims lodged police reports but decided not to follow up because of travel inconveniences. Read more at straitstimes.com.