2013 Tax Submission by e-Filing Dateline Extended by 2 Weeks


For employed individual taxpayer who does not receive business income, the dateline to submit tax form is on 30th April 2013. Similar to last year, IRB is kind enough to extend the dateline by another 2 weeks until 15th May 2013.

Kindly take note that the extension is only applicable to taxpayers who opt to submit the form e-Filing. So, the taxpayers who choose to submit their forms and pay taxes via conventional method, the dateline remain on 30th April 2013.

The extension was to encourage more taxpayers to use the easier and faster electronic system.

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2013 Forbes Global 2000 & Ranking for Malaysian Companies


The Forbes Global 2000 is an annual ranking of the top 2000 public companies in the world features in Forbes magazine. The ranking is based on four criteria namely  Sales, Profit, Assets and Market value.

The ranking was first published in 2003 and it is a useful indicator for leading public companies in the world. In 2013, the top 2 position, are dominated by companies from China where previously hold by companies from United States.

For the 2013 ranking, there are 20 Malaysian companies listed up from 18 in 2012. The newly listed companies are DRB-Hicom & Telekom Malaysia.

The table below is top 20 of 2013 Forbes Global 2000 and all the position of Malaysian companies in the list.

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The Third Way of Shopping!

thirdwayIn today’s everyday life, consumers may feel that the only way to make large purchases is through credit cards or using the cash in their account.  Unfortunately, Credit cards are not always for everyone, nor people wants to take the risk of spending all the cash in their account for crazy purchases.

The 3rd way gives you the best of both worlds, allowing you to buy the things you want without having to use your credit card or spend your cold hard cash. You can buy whatever you want, from Playstation 4 to the new Samsung S4, from a vacation in Europe to a brand new watch. By using the 3rd Way of Shopping, you will receive cash rewards, without having to worry about repayments or overspending.

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Bond Investment Risks

Bonds RiskThe common misconception is that Bonds and Sukuk have little risk. This is not true. Just like any other financial instrument, they have certain inherent risks but these can be reduced by diversification across other asset classes:

  • Credit risk -also known as ‘issuer risk’ or ‘default risk’. Risk that the issuer may not be able to meet its obligations in terms of coupon payments or may not be able to pay the principal amount back to the bondholder at maturity. Government bonds are generally considered default-free, while corporate bond risk is measured by Rating Agencies.

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Green Home is the Wisest Investment for a Sustainable Future

Green HomeCountries such as America, Australia, Europe and Japan have long developed green building ratings, about 20 years ago and well exposed to it. However, Malaysia had only launched the Green Building Index (GBI) in 2008. It is known as a green rating tool for buildings and towns in Malaysia, with aims of promoting sustainability in the built-environment and raise awareness of environmental issues among everyone for a brighter and greener future.

According to New Bob Group Director, Dr. Lee Ville,“Green homes provide occupants the opportunity to live in a healthier and cost saving environment. Its appeal to promote sustainable and friendly built mother earth has never been greater. Not many malaysians are aware that sustainable buildings are rapidly becoming a necessity to counter today’s worsening climate change and high-living cost”.

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