TSL Designs.com Blog

As part of its role as the custodian of members’ retirement savings, the Employees Provident Fund (EPF) has taken court action against 157 employers between January to March 2010 (Q1) for defaulting on their employees’ EPF contributions. All 157 defaulting employers were fined by the courts totaling RM172,410. The fines, which ranged from RM1,000 to [...]

International Monetary Fund (2009) Rank Country GDP $ 1  Qatar 87,717 2  Luxembourg 78,723 3  Norway 53,269 4  Brunei 50,103 5  Singapore 49,433 6  United States 46,443 7  Switzerland 42,948 —  Hong Kong 42,574 8  Ireland 39,441 9  Netherlands 39,278 10  Austria 38,896 The list of top 10 richest countries of the world are sorted [...]

If you just keep your hard earned savings in the bank, it is going to depreciate due to inflation which is at 3-4% per year. Keeping it in the fixed deposits is not enough with only 2.5% per year. So you need to invest your cash in various money instruments like government bonds, unit trusts, [...]

I was looking for insurance policies to buy when I came upon Insurance Franklin, MA or Berry Insurance. It is worth your investment to buy policies to protect your money from depleting in case of accidents, mishaps, deaths, etc. This is to ensure that your loved ones will be financially taken care of or given [...]

Gold is closely linked to Chinese New Year which started on 14th February 2010 which also happens to be Valentine’s day. The Chinese will put up red banners and lighted lanterns on their doors and houses to mark the occasion and celebration. Many will also buy gold bullion for investment and to hedge against inflation. [...]

Every day we watch tv and read news that a company is retrenching its employees or winding down from operating to prevent further losses. Breadwinners with young kids to feed are finding it hard to make ends meet. This problem is compounded further by job losses by the millions around the world and the global [...]

I am pondering should I put the bulk of money into the slow and steady FD (Fixed Deposits) or takes risks and invest in Unit Trusts which hopefully bring in more returns. Unit trusts are a group of shares managed by a fund manager. When you put your money into unit trusts, about 5% is [...]

Could your business be more successful if all your customers paid you in one day? Would it be possible to add additional sales with larger companies if 30 to 60 day terms were offered? Has the bank been unable to offer enough working capital due to profitability or years in business? Please take a few [...]

As of today, I have 3 credit cards – one from Southern Bank, another from United Overseas Bank while the latest one is from Citibank. Normally, 2 credit cards are sufficient for me and I had to recently apply for a third one because of the full credit limit used up for my trip to [...]

I came through sites like Capitalpgf for you to start your own (usually offline) business. With low capital or no capital at all, you might want to take a look at them. These sites have extensive lists of funding resources, and may very well help you jump starting your biz in no time. Capitalpgf, for [...]

I recalled the time when I bought a 3-room HDB flat in Singapore, I had to take a mortgage refinance from my CPF or Central Provident Fund from the government. It was about S$250 per month which was affordable as the flat cost S$103,000. If you check out PersonalHomeLoanMortgages.com, it provides borrowers with all of [...]

The Thrifty Scot offers advice on how to save money using credit cards, secured loans, mortgages, savings accounts and home insurance. By the way, not all credit cards are the same. Many offer exclusive deals on 0% balance transfers, 0% on purchases and even offer cash back and rewards on every purchase you make. We [...]

RateGenius is a Car Refinance current auto loan for the amount left in the current term i.e. if you have 42 months left in your current term, rateGenius will refinance you at 42 months at a lower interest rate so you will pay less for the same vehicle in the same amount of time. However, [...]

Duplexes are two units, each approximately 1050 to 1200 square feet, with each unit having 2 bedrooms, den, 2 bathrooms and a 1-car garage on the smaller unit and 2 car garages on each side on the larger unit. Currently the all-in cost of the duplex project is approximately $285,000. The cost includes the land, [...]