Posted by Mark T Bird > 2018-02-28 17:05 | Report Abuse

Ringgit slips as investors move to safe-haven currencies

The ringgit extended losses to open lower against the US dollar today, as more investors shifted interest towards safe-haven currencies and after new US Federal Reserve Chair, Jerome Powell, hinted at further interest rate hikes this year, dealers said.

At 9.15 am, the local note was quoted at 3.9250/9280 versus the greenback from 3.9060/9100 on Tuesday.

The ringgit, meanwhile, traded mostly lower against a basket of major currencies.

It depreciated against the Singapore dollar to 2.9629/9663 from Tuesday's 2.9613/9646, slipped against the British pound to 5.4585/4631 from 5.4500/4560 and declined against the yen to 3.6597/6628 from 3.6488/6539.

It, however, appreciated against the euro to 4.8022/8075 from 4.8161/8222. - Bernama
Read more at https://www.thestar.com.my/business/business-news/2018/02/28/ringgit-slips-investors-move-to-safe-haven-currencies/#oO2O4fWijIxgJEfl.99

Posted by Cik Babe > 2018-02-28 17:13 | Report Abuse

ini baru best, tadi awc, X best, yang X best bila ringit jatuh ada kena mengena dengan oil, oil price drops :(

Posted by Mark T Bird > 2018-02-28 17:20 | Report Abuse

traders were staying cautious ahead of Federal Reserve Chair Powell's testimony before congress

Posted by Ratna NinjaGal > 2018-02-28 17:24 | Report Abuse

brent crude 66.47

Posted by Mark T Bird > 2018-02-28 17:31 | Report Abuse

Chance to be 7-Eleven Malaysia franchisees

KUALA LUMPUR: 7-Eleven Malaysia Holdings Bhd (SEM), the owner and operator of 7-Eleven stores in Malaysia, is now offering back its franchise programme for local entrepreneurs.

The company is rolling out a franchising package that requires RM250,000 in investment from franchisees willing to operate and manage a store on a full-time basis.

The programme is especially suited for unemployed graduates and strong entrepreneurial-minded millennials as one gets an invaluable hands-on learning experience in managing an own business.

SEM’s major shareholder, Berjaya Group founder Tan Sri Vincent Tan, in a statement, said: “The 7-Eleven in Malaysia has a proven track record business and achieving success is not difficult provided one is willing to work hard and put in long hours.

“Once a franchisee has learned to manage a store well and is successful, that franchisee will be viewed favourably to operate more stores, so eventually one can be a multi-store operator, thus generating more revenue for oneself.

“There are a lot of financing options available to interested franchisees from various government agencies and one must take advantage of this and strive to fulfil one’s entrepreneurial spirit and desire,” he said in a statement.”

SEM plans to invest RM70mil this year to open around 200 new stores and renovate other stores. As at the end of last year, the company had 2,225 stores of which less than 10 per cent were franchised.

Acting chief executive officer of 7-Eleven Malaysia, Ho Meng said the RM250,000 outlay included a non-refundable initial franchise fee and refundable deposits for stocks and as security that the prospective franchisee would eventually get back.

“It’s just an assurance that the new franchisee would comply with the franchisee’s obligations and performance.

“Our franchise model is based on profit-sharing where SEM is responsible for expenses such as leasing of real estate, store equipment, general insurance, inventory audit, merchandising and marketing services, among others, as well as providing full training and operational consultation support,” he said.

To learn more about the franchisee programme, visit www.7eleven.com.my. - Bernama
Read more at https://www.thestar.com.my/business/business-news/2018/02/27/chance-to-be-7-eleven-malaysia-franchisees/#Mi3TmC3t1yIAw1eS.99

Posted by joetay > 2018-02-28 17:32 | Report Abuse

i had a laugh when i saw this article yesterday.

Posted by Cik Babe > 2018-02-28 17:34 | Report Abuse

bagus tapi bahaya, kat rumah aku berapa dah 7E kena rompak, malam kena, rokok sapu bersih, duit dalam cash register sapu bersih

Posted by Mark T Bird > 2018-02-28 17:35 | Report Abuse

why bro joe?

Posted by joetay > 2018-02-28 17:36 | Report Abuse

250k upfront with non-refundable portion.

Posted by Mark T Bird > 2018-02-28 17:37 | Report Abuse

ouch!

Posted by Cik Babe > 2018-02-28 17:38 | Report Abuse

aku pernah dengar MacD, 1M ringgit upfront, X tau betul ke X

Posted by Tessa Joseph > 2018-02-28 17:42 | Report Abuse

with that kind of money, you can buy good stocks, and relax at home...hahaha

Posted by Mark T Bird > 2018-02-28 17:49 | Report Abuse

There is one school of thought that one should NEVER borrow money to purchase shares and only SPARE money should be used.

Posted by Cik Babe > 2018-02-28 17:50 | Report Abuse

Me! hehehe

Posted by Tessa Joseph > 2018-03-01 08:23 | Report Abuse

good morning, I have received 2 envelopes from tricor - hibiscus

Posted by Mark T Bird > 2018-03-01 08:26 | Report Abuse

Bonjour. 2?

Posted by Tessa Joseph > 2018-03-01 08:29 | Report Abuse

I have hibiscus stocks in 2 cds acc, I think it's kinda funny, why not just one, more practical

Posted by Cik Babe > 2018-03-01 08:33 | Report Abuse

setuju, tricor ini handle banyak PLC, X kan X perihatin

Posted by Tessa Joseph > 2018-03-01 08:37 | Report Abuse

hibiscus has made me laugh hahaha

Posted by Cik Babe > 2018-03-01 08:39 | Report Abuse

aku dapat 1 jer, lambat hantar, X efisyen

Posted by Tessa Joseph > 2018-03-01 08:40 | Report Abuse

Bird, are you going to the EGM

Posted by Mark T Bird > 2018-03-01 08:41 | Report Abuse

outstation

Posted by Tessa Joseph > 2018-03-01 08:45 | Report Abuse

I hate driving alone. Bangsar, I used to work there, nowadays the traffic not my cup of tea

Posted by Cik Babe > 2018-03-01 08:47 | Report Abuse

voting jadi bidang kuasa chairman

Posted by Mark T Bird > 2018-03-01 08:50 | Report Abuse

soit

Posted by Cik Babe > 2018-03-01 09:52 | Report Abuse

hilang riuh, hibis hijau

Posted by dunspace > 2018-03-01 09:52 | Report Abuse

https://klse.i3investor.com/blogs/main/149029.jsp surveying

Posted by Tessa Joseph > 2018-03-01 10:27 | Report Abuse

ys, yup! pretty green :D

Posted by Cik Babe > 2018-03-01 10:28 | Report Abuse

Hot.T aritu nak beli cc, dah beli atau X beli

Posted by Tessa Joseph > 2018-03-01 10:30 | Report Abuse

you beli apa, today?

Posted by Cik Babe > 2018-03-01 10:32 | Report Abuse

tadi park kat hbglobal 12 sen, turun 125 naik balik, aku tarik diri, skrg goyang kaki hehehe

Posted by Tessa Joseph > 2018-03-01 10:39 | Report Abuse

HBGLOB? Business? Freight Forwarder?

Posted by Cik Babe > 2018-03-01 10:41 | Report Abuse

sa, baca tadi itik *Quack* *Quack*

Posted by Tessa Joseph > 2018-03-01 11:53 | Report Abuse

now wine up hahaha

Posted by Cik Babe > 2018-03-01 11:54 | Report Abuse

nak potong itik

Posted by Tessa Joseph > 2018-03-01 12:10 | Report Abuse

i masuk, see how

Posted by Cik Babe > 2018-03-01 12:20 | Report Abuse

amboi QoQ - 233.30% YoY - 115.97%

Posted by Cik Babe > 2018-03-01 14:45 | Report Abuse

nampak confident yang hadir EGM

Posted by Mark T Bird > 2018-03-01 14:53 | Report Abuse

hope not hate

Posted by Cik Babe > 2018-03-01 14:55 | Report Abuse

alahai melompat lak hbglob rugi rugi patut aku sapu tadi 13 sen, skrg tinggi sangat *Quack* *Quack*

Posted by Mark T Bird > 2018-03-01 14:59 | Report Abuse

ouch! ys, ouch!

Posted by Mark T Bird > 2018-03-01 15:01 | Report Abuse

I need some fine wine :D

Posted by Cik Babe > 2018-03-01 15:05 | Report Abuse

be my guest

Posted by Mark T Bird > 2018-03-01 15:15 | Report Abuse

maxwell

Posted by Tessa Joseph > 2018-03-01 15:20 | Report Abuse

china linked companies

Posted by Mark T Bird > 2018-03-01 15:36 | Report Abuse

oh yeah, totally

Posted by Cik Babe > 2018-03-01 16:03 | Report Abuse

itik power, wine no power

Posted by Tessa Joseph > 2018-03-01 16:04 | Report Abuse

mabuk oredi, kenot move hahaha

Posted by Cik Babe > 2018-03-01 16:05 | Report Abuse

aku masuk maxwell jab, nengok lain macam game, aku jual rugi sikit

Posted by Tessa Joseph > 2018-03-01 16:06 | Report Abuse

yup sort of cap those days