Archive for October 18th, 2008

100% Guarantee of All Money Deposits

Finally the Malaysian government followed Singapore’s footsteps in guaranteeing all the people’s money in bank deposits and not only up to RM60,000 as stipulated earlier. There is now 100% bank guarantee. This is a relief of local folks here and also for myself. When Malaysia Deposit Insurance Corporation, (PIDM) decided to guarantee 100% of our [...]

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