Tag Archives: Financial

Touch 'n Go eWallet Selected For e-Tunai Rakyat Programme!

Touch ‘n Go eWallet Selected For e-Tunai Rakyat Programme!

The Touch ‘n Go eWallet has been selected to participate in the Malaysian Government’s e-Tunai Rakyat programme!

Here is a quick primer on what it means for Touch ‘n Go eWallet users!

 

Touch ‘n Go eWallet Selected For e-Tunai Rakyat Programme!

The e-Tunai Rakyat programme is initiative announced by the Malaysian Ministry of Finance under Budget 2020.

Under this initiative, every Malaysian above 18 years old earning less than RM 100,000 annually will be entitled to receive RM 30.

The e-Tunai Rakyat campaign will start on 15 January 2020, and run for 2 months until 14 March 2020. Claims can be made, and utilised within this time frame.

Touch ‘n Go eWallet has been selected as one of the e-wallets to funnel the funds to eligible Malaysians, who will be able to claim and use the funds at any one of their 110,000 merchant acceptance points.

Users can also use the funds to payments for mobile reloads, in-app purchases like street parking and toll payment though PayDirect and RFID.

 

How To Claim e-Tunai Rakyat For Touch ‘n Go eWallet

To be eligible to make the e-Tunai Rakyat claim through the Touch ‘n Go eWallet, follow these steps :

  1. Register for a Touch ‘n Go eWallet account
  2. Complete the Account Verification (eKYC) process
    – You will be required to take a photo of your MyKad, a selfie and fill in your details
  3. After verification, you will be able to claim your RM30 starting 15 January 2020.

 

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Huawei 2018 H1 Result Highlights After Surpassing Apple As No. 2

Huawei just announced their 2018 H1 business results. Let’s take a quick look at the Huawei 2018 H1 result highlights, and their recent success story of beating Apple to the no. 2 position!

 

Huawei Is No. 2 Smartphone Vendor

Just last week, Huawei proudly shared that preliminary data from IDC showed that they edged out Apple for the second position in the global market share for smartphones in Q2 2018. This is the first time they surpassed Apple in the number of smartphones sold in a particular quarter.

Powering their rise was the HUAWEI P20 series, followed by the release of their GPU Turbo technology. Their Honor brand of smartphones is also a key driver of growth for Huawei.

 

Huawei 2018 H1 Result Highlights

Huawei reported solid growth, with global smartphone shipments at 95+ million units, gaining a 15.8% market share as of Q2 2018. Here are the Huawei 2018 H1 results highlights – what led to their success in the first half of the year :

  • HUAWEI P20 Series : The global shipment of the HUAWEI P20 series surpassed 9 million units.

  • HUAWEI Mate 10 Series : The HUAWEI Mate 10 Series reported global shipments of over 10 million units.
  • HUAWEI nova Series : Globally, the number of nova smartphone users exceeded 50 million, with total shipments increasing 60 percent year-over-year.
  • Huawei Wearables : Global shipments increased 147 percent year-over-year.
  • Retail business has grown and now Huawei operates over 53,000 Huawei stores and 3,500 Huawei Experience Stores globally. The company plans to bolster its retail network by adding another 10,000 retail stores and 700 Experience Stores around the world before the end of 2018.

 

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Personal Income Tax Guide in Malaysia 2016

KUALA LUMPUR, 30 March 2016 – Preparing and filing your income tax in Malaysia can be a challenging and anxiety-inducing experience every year for most people. Most Malaysians are unaware of the differences between tax exemptions, tax reliefs, tax rebates and tax deductibles.

With iMoney’s ‘The Definitive Guide To Personal Income Tax in Malaysia For 2016’, you can be worry-free this income tax season as you go through their simple and easy-to-understand guide. The comprehensive guide which consists of 11 chapters will help you to understand how income tax works from what all the terms mean to how exactly you can file.

Lee Ching Wei, CEO and Co-Founder of iMoney said: “At iMoney, we understand the complexity of navigating through the income tax fling process, especially if you are a first-timer. We have put together a personal income tax guide filled with flowcharts and infographics to simplify concepts and help you file your taxes like a pro.”

Equipped with the correct knowledge, filing your taxes will no longer be a daunting task and most importantly you will be able to maximise on the tax reliefs available and get the tax savings you are eligible for.

 

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