Ringgit Insider Reborn

Penulis akan memulakan kembali penulisan dalam blog ini, dengan

memfokuskan perihal kewangan terutamanya pasaran modal bursa Malaysia

Stay tune :D

Largest Bank in South East Asia

What is the largest bank in ASEAN in term of total asset? here is top 8 largest bank in the region....

1. DBS Group (Singapore)= $237Billion

2. OCBC (Singapore)= $197Billion

3. UOB (Singapore)= $178Billion

4. Maybank (Malaysia)= $126Billion

5. CIMB (Malaysia)= $90Billion

6. Public Bank (Malaysia)= $76Billion

7. Bangkok Bank (Thailand)= $66Billion

8. Bank Madiri (Indonesia)= $50Billion

TOP 10 Biggest Oil Reserves

1. Saudi Arabia

264.6 billion barrel

2. Canada

175.2 billion barrel

3. Iran

137.6 billion barrel

4. Iraq

115.0 billion barrel

5. Kuwait

104.0 billion barrel

6. UAE

97.8 billion barrel

7. Venuzuela

97.77 billion barrel

8. Russia

74.2 billion barrel

9. Libya

47.0 billion barrel

10. Nigeria

37.5 billion barrel

My beloved country Malaysia stand at no 32.

32. Malaysia

2.9 billion barrel

source: the world factbook, CIA

 

PROTON SAGA FLX vs MyVI DOWNPAYMENT AND MONTHLY INSTALLMENTS

PROTON SAGA FLX

Model : Executive Continuosly Variable Transsmission Metallic

OTR Price : RM 44,998.00

Downpayment 10% : RM 4500

Interest rate : 4%

Duration : 9 years

Monthly commitments : RM 504.31

PERODUA MyVI

Model : Myvi EZi Premium -1300cc Automatic

OTR Price : RM 50,400.00

Downpayment 10% : RM 5000

Interest rate : 4%

Duration : 9 years

Monthly commitments : RM 571.70

US Debt Crises

Are we going to another recession..?

Last night (4 August 2011) Dow Jones drop 4.3% followed by massive equity sell down all over the world.

today KLSE drop 1.45% and STI drop around 3%

World markets have continued to drop amid fears that debt crises in Europe and the United States may provoke a new global financial crisis.

Investor confidence has been shattered by news that the United States may be heading toward another recession, and that the European Union may be forced to bail out the failing economies in Italy and Spain.

Officials in Asia have now called for greater coordination worldwide to prevent the U.S. and European crises from sinking the global economy.

Japan's Economy Minister Kaoru Yosano said it was critical for economic policymakers to work together. "The entire world is connected through finance, so what happens in New York or London doesn't just happen there," Yosano said. "So it is important that we keep all financial markets in mind.”