Comments for VIG

Comment on Quotes by Steven Chong

Steven Chong — Tue, 03 Nov 2009 06:18:15 +0000

Education is about open up a person mind. A mines sweeper of your brain that allows you to discover what you have and what is your ability. Once it been discovered, the mines will explode one by one. However, it must go through the right channel or matter of education (not necessary the level). Your talent is waiting you silently inside.

Comment on Budget 2010 : Credit card Service Tax by Steven Chong

Steven Chong — Tue, 27 Oct 2009 06:38:45 +0000

Would this help to promote prudent spending is still a question but it is for sure will increase personal or business expenses and increase government revenue.

In this century, most people cannot go around without a credit card. No matter how many plastic you cut, you still have to pay service charge for your card. Also for the peoples that owe card expenses, take up the 0% installment or take up the EPP scheme name by the unknown credit card consultant or company (modern Ah long) are forces to pay the service charge. For the company who provide business card to management team or the banks that absorb the service charge is additional expense too.

Is it time for credit card sales team and EPP consultants to change job?

Comment on Budget 2010 : EPF and LIFE Insurance relief up by Steven Chong

Steven Chong — Tue, 27 Oct 2009 06:07:33 +0000

This relief seems more helpful. It help mid class income people (more than RM4,000 monthly). If without increase, the EPF potion has take up the relief of RM5,280 and it only has RM720 for any annuity or life insurance. Which who has insurance more than RM720 annually is taxable. now it help reducing tax payment.

Well for lower income people, is time for you to get more annuity or protection for your retirement planning. if not, you have to depend on your luck. Why not getting something that do not need to gamble your luck.

Comment on Budget 2010 : Higher Income Tax Relief by Steven Chong

Steven Chong — Tue, 27 Oct 2009 05:44:46 +0000

Is it really quite a bit or is just a bit? The additional RM1,000 personal relief will only save you max RM260 a year, if you are at the max tax rate of 26% (net income more than RM100,000). Which is still less than RM1 a day. May be it help to buy a kuih for your tea daily.

Well the max tax rate has cut from 27% to 26%. Let check around how many peoples’ annual net income is more than RM100,000? It seems this will only help the rich people getting richer. This does not help poor people like us.

Comment on What will matter 21th century employees??? by Steven Chong

Steven Chong — Thu, 22 Oct 2009 09:28:16 +0000

Seems like few questions have arises. Shall profit come first or quality come first? Many may agree without profit, company cannot sustain but without quality can profit sustain? Still what is the business purpose?

Well in the past years, do Malaysian educational level and upbringing of the society improved? Even thought may not reach the western level. For example, DIGI seems doing well in creativity, Celcom’s quality seems putting back in-line, one of the Malaysian most proud companies “AirAsia” has well implement purpose driven business of “everyone can fly”.

In a company regardless is Ol’skool or modern system, everyone shall play their role but everyone also must know their role before they can act it well. Not just tango, most games need two to go. Yet without cooperation of two, the game screw. Old Chinese war time, 刘备 group has many talent. Each of them play different role, for example 赵子龙is a general to war (the sales and marketing team), 诸葛亮 is an analysis to think and plan (the strategy and planning team) and刘备is the emperor to make decision (the CEO). The CEO will not ask the strategy and planning team to war because he knows it will lost, and he will not ask the sales and marketing team to think because he knows the strategy will not work well and lost either.

Comment on What will matter 21th century employees??? by admin

admin — Tue, 20 Oct 2009 13:27:56 +0000

Ol’skool focus on profit, profit and profit while modern systems focus on quality, quality and quality.

Another thing to consider is the overall educational and upbringing of a society particularly in Malaysia where the majority are taught to shut-up, listen and follow. Whereas in western upbringing are mostly incline to understand, think, and create.

To be fair, everyone plays a role and it takes two to tango.

Comment on Ways To Slash Tax by Sean

Sean — Tue, 20 Oct 2009 04:13:48 +0000

this info is very useful to everyone. we need to forward this to all our friends.

Comment on Ways To Slash Tax by admin

admin — Tue, 06 Oct 2009 13:37:40 +0000

Some of the links are broken here, but if there is a request i’ll be glad to put it up.

Comment on Quotes by Sean

Sean — Tue, 06 Oct 2009 09:17:30 +0000

very true, but now a days it dont seems to apply well with plp. “smart is good but dont pretend to be smart” thats my advise to everyone. keep up the good work VIG.

Comment on Quotes by admin

admin — Thu, 01 Oct 2009 03:49:10 +0000

hahahaha, i have to buy Norman Augustine a drink for this.