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Financially, Malaysia’s debts are on shaky ground

I had attended this public talk by Cheah Cheng Hye of Value Partners yesterday at the Wawasan Open University in George Town. He sounded an ominous financial warning for Malaysia, saying that the...

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Trustee for life insurance policies

I see that the Financial Services Act 2013 is starting to garnish comments from players in the financial services industry. This one below is from Rockwills Corporation, the leading company in estate...

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Snippet: Love what you do

We often say to “do what you love” but recently, a very wise person told me that it was sometimes equally important to “love what you do.” There is a lot of wisdom in that statement as there are times...

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New EPF rule to impact on unit trust investment

From The Malaysia Insider today, a news report about an impending change to the EPF’s rule regarding regarding a contributor’s use of his EPF savings for investments in Unit Trusts: “The EPF will...

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A warning about plastic

Reproducing here part of an article that appeared on Rodale News. 5. Eating and drinking plastic Toss your plastic water bottles into a recycling bin. According to a University of Cincinnati study, the...

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Should you sell off your family home?

I met up with a client about a week ago. Owing to some developments in her family, she had some doubts about re-writing her Will. Originally, she had included two of her children as beneficiaries but...

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Elements of a valid Will

If you don’t already know, Downton Abbey is a critically acclaimed British period drama television series. This series, set in the Yorkshire country estate of fictional Downton Abbey, depicts the lives...

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An alarmist approach on the Financial Services Act 2013

Three months down the road, the situation hasn’t changed much. I was told me a few days ago that the life insurance companies in Malaysia are still taking it easy with regards to the Financial Services...

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FSA2013: Consent or no consent?

This is a short excerpt from my blog post yesterday on the Financial Services Act 2013: “I am saying this because the policy owner have to understand when consent is needed from the new trustee and...

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English as the medium of instruction

My old school friend, Kee Thuan Chye, wrote an interesting piece below on English proficiency that had appeared in the Free Malaysia Today news portal. I am in agreement with his point of view but I...

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All the right moves

It has been two long years since I wrote my last chess column. I thought that I had been forgotten by the people in The Star until one day in February when one of their sub-editors emailed me to ask...

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Reason why JobStreet is selling

This excerpt is extracted from the JobStreet.com Annual Report 2013 which explains the rationale behind the company’s decision to sell their online job portal business to Australia’s SEEK Asia...

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The future direction of JobStreet

A story from Digital News Asia today regarding the future direction of JobStreet.com: KUALA LUMPUR, Nov 28 — It was in March of 2013 that Mark Chang, Jobstreet.com founder and chief executive officer...

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From BHLB Trustee to CIMB Commerce Trustee

Sigh …. why must it be so complicated? Let me set the record straight, since I’m well aware of the history of Rockwills Corporation, having been associated with this estate planning business since...

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Trust companies related to Unit Trust schemes

This is a list of 14 registered Trust companies in Malaysia which are related to Unit Trust schemes, that is, offering Trust services to Unit Trust companies, as provided by the Securities Commission....

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Forged will

Here is the full story as reported by The Star newspaper on 9 March 2017: GEORGE TOWN: The grandson of the late tycoon and philanthropist N.T.S. Arumugam Pillai claimed trial in a Sessions Court on a...

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Fund-raising appeal for Ooi Eow Jin

An Appeal to Old Frees for Funding For the Staging of SWORDFISH + CONCUBINE (a play written by Kee Thuan Chye, an Old Free) To Raise Funds for Old Free DATUK OOI EOW JIN Two years ago, I was much...

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From grandparents to grandchildren

A recent story from the Guardian newspaper in Britain. It is about grandparents leaving their wealth to their grandchildren instead of their children, because the grandchildren have now grown up and...

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Unclaimed monies

A Bernama report dated 26 July 2017 had this to say about Unclaimed Monies with the Government: A total of RM5.7 billion in unclaimed monies from 1977 till June 30 this year is still being kept by the...

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Forged will found out

From The Telegraph news portal, a story about a forged will: The partner of an antiques dealer found bludgeoned to death in her driveway has admitted forging her will in order to get full ownership of...

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