kolaati - a typical Malaysia citizen

I refer to the article written by Chan Kok Leong, Sharon Tan & Chua Sue-Ann, with title "Petronas the biggest contributor to government coffers" dated 19 October 2009 at the following link: http://www.theedgemalaysia.com/political-news/151639-petronas-the-biggest-contributor-to-government-coffers.html GOC = Goverment-owned Company Should Malaysia depends heavily on PETRONAS to deliver While PETRONAS should be allowed to continue making profits from oil and gas industries, the Government should focus on GOCs involved in other sectors by executing profitable ventures, curbing unnecessary expenditures, eliminating "non-compliances" at the highest management level and adopt best practices to ensure maximum returns. Having PETRONAS to contribute 99.93% of dividend to the Government (based on 10% dividend), which is equivalent to RM30.00b, there's practically nothing to worry about PETRONAS' capability to deliver. What should the Government worry about? Yes, ...

Tabung Haji is relatively a stable investment and provides moderate return. This is an alternative way to invest your money, not necessarily for Hajj purposes only. There are few ways to top up your investment: 1. Thru the counter. 2. Cut straight away from your monthly salary. 3. Using CDM service at Bank Rakyat or Bank Islam. Some advantages: 1. Can deposit/withdraw from ATM at Bank Rakyat and Bank Islam outlet, with RM0.50 fee, provided that you have the ATM card. 2. Moderate return, better than normal savings or fixed deposit. 3. Dividend given is clean, 'zakat' is paid on your behalf. Rate of return is between 4 and 8 percent p.a.

Greetings, The purpose of this blog is to share my personal experiences, living in a country called Malaysia. I will share a life of a typical citizen, facing various situations and junctions, when we simply need to move on.