AmBank

AmBank is having a new promotion where AmBank credit card holders will enjoy 20% cash rebate on groceries, petrol, departmental store and pharmacy spending on Saturday and Sunday.

The promotion is running from 1st June 2011 to 31st March 2012. The promotion open to Principle Credit Card holder with the exception of PrePaid MasterCard and card holders whose card accounts have been suspended, cancelled or terminated.

To participate, you have to register your AmBank credit card via SMS. To register, send SMS through your mobile number by typing “cashback {space} 16-digits card no” to 36663. This is one time registration and will be charged 30 cents.

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Banks

Finally, the merger between Hong Leong bank & EON bank has completed. This exercise creates Malaysian fourth largest bank based on assets size & market capitalization.

The table below shows the ranking of Malaysian Banks based on assets size and  market capitalization as of early 2011.

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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.

For 2011 ranking, there are 20 Malaysian companies listed which represent 1 percent of companies in the list.

The table below is top 20 of 2011 Forbes Global 2000 and all the position of Malaysian companies in the list.

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fixed deposit

Fixed Deposit is known to be one of the most secure investment but with a lower return. If you like to invest your money in fixed deposit you may choose from the list below to maximize your return.

Since July 2010, fixed deposit rate does not change very much because Bank Negara maintain the OPR at 2.75% since then. However, banks do make some adjustment to their rate.

The table below are the latest conventional fixed deposit rate as of December 2010.

You may look at this page for the most up to date rates. Alternatively you may want to look at Islamic Fixed Deposit or General Investment Account (GIA-i) rates.

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fixed deposits

Yesterday, we look at conventional fixed deposit rate for September 2010. However,  if you prefer to deposit in Islamic Fixed Deposit Account or commonly known as General Investment Account (GIA-i) instead of conventional fixed deposit account, the rates are shown in the table below.

Kindly note that, the rate showed in the table below are only indicative. It means that, the rates may changes according to agreed profit sharing ratio. Alternatively you may want to look at this page.

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