Have you ever wanted to own stock in one of the world’s most renowned tech companies? Now might be your chance! Software and tech giant, NVIDIA, is seeing its stocks soar as of late.  What is NVIDIA? NVIDIA is a part of the “Magnificent Seven”, companies that have been driven by artificial intelligence (AI) optimism in the past few years. These companies include Apple, Alphabet, Amazon, Meta, Microsoft, Nvidia, and Tesla. NVIDIA in particular is of significant importance as it is a major player in the high-performance graphics processing units (GPUs) market which are used for a variety o ..read more

Following Singapore’s lead, the Malaysian government has announced a pilot initiative set to take place in June that will allow Malaysians riding on factory buses to pass immigration checks using QR codes. The initiative is the brainchild of Malaysia’s Ministry of Home Affairs, and it follows a successful similar initiative by the Singapore Immigration and Checkpoints Authority (ICA)’s move to introduce a QR code clearance for car travellers on their side of the border. Since its introduction in March, Singapore’s QR code initiative has been met with positive feedback from travellers and work ..read more

Picture this: you’ve been working at your job for a good few months, with no problems whatsoever. Then, on a random day, you decide to check out your EPF balance. That is when you find out the amount hasn’t increased since you started your new job. If it’s your first job and your EPF account empty, this means your employer hasn’t been contributing to your EPF all this while. At the same time, you should also check that your Socso contribution is up to date. We will explain more on this below. What’s your next step? If you don’t know what you should do in this situation, read on. The importanc ..read more

Nestle Malaysia is set to raise prices of selected products according to CEO Juan Aranols. He said that the increase will be minimal to avoid impacting consumers too much. However, the revision is necessary due to volatility in the commodity market. Nestle is expecting subdued sentiment this year due to factors like food inflation. The cost of cocoa has risen six percent last week. “The company is cautious about price increases, which can affect customers’ purchasing power. “However, due to the volatility in the commodity markets – of course, we will not fully pass on the impact – there may b ..read more

Popular Instagram model and influencer Siew Pui Yi has filed a civil suit against her ex-business partner for allegedly defrauding her of RM4.3 million between 2022-2023. The civil suit was filed online yesterday through her lawyer, K. Mahendren, at the Penang High Court. According to news reports, Ms Puiyi as she is known online, stated at a press conference that she initiated the civil suit against her former business partner, a man known as ‘Mentos’ due to him allegedly cheated and deceived her into handing him over approximately RM4.3 million. She stated that the 29-year-old man was a dir ..read more

The Ministry of Science, Innovation and Technology (MOSTI) has launched the Artificial Intelligence (AI) Sandbox pilot programme, which they expect to create over 13,000 new talents and 900 startups. MOSTI’s minister, Chang Lih Kang stated in a report from The Star that the programme is a collaboration between MOSTI, The Higher Education Ministry, and the American technology company, Nvidia. This collaboration aims to transition Malaysia into a knowledge-based economy where AI is a key driver of innovation, productivity, and competitiveness.  Part of the initiatives included in the pilot ..read more

Maxis Bhd has announced its readiness to build a second 5G network and completely in favour of more healthy competition following the government’s decision for a dual-model approach to 5G network deployment. “We are ready to build another 5G network and have recently showcased the capabilities of a 5G-Advanced (5.5G) network supported by the Ministry of Communications and the Malaysian Communications and Multimedia Commission,” a Maxis spokesperson recently told Bernama. For context, it appears that the complex government-sponsored settlement agreement reached in early December between state ..read more

In partnership with  One of the best things to come out of the rising AI trend and digitalisation is making access to professional investment services and tools available at the touch of your fingertips. This includes stock trading on the local and international markets. Once available only to big-time players with large capital investments, stock trading can now be accessed by everyone – by using the right app and trading platform. If you are looking for the right app to start your online stock trading journey, check out moomoo. Officially launched in Malaysia earlier this year, Moomoo ..read more

While it may seem harmless to leave your cash idle**, it also means missing out on potential returns and compounding interest that could have been earned. Moreover, inflation can be the big bogeyman that can erode your cash’s purchasing power over time.  Add to this our weak ringgit performance on the global scale and you should start thinking about how to maximise your money instead of leaving it to lose its value.  Consider making your money work harder in USD The Malaysian ringgit has certainly seen much better times. Back in October 2023, the ringgit hit a 25-year low against th ..read more

Bitcoin is currently expecting to go another halving in April, but what does this actually mean, and what should you expect? Let’s have a look. Bitcoin halving to prevent inflation First things first, we have to understand what actually is bitcoin halving. Bitcoin halving is a scheduled event where the rate of new bitcoins are released to the market is slashed to half. The reason for this is that it is a part of a mechanism to prevent the inflationary impact when the total supply of Bitcoin is eventually released. Currently, the total bitcoin cap is set at 21 million. This is an absolute limi ..read more