Month: June 2020

RHB Bank Preparing To Take On The Local Financial Sector

RHB Bank today is one of the biggest integrated financial services group in Malaysia. With the vision to further maximize its market share within the SEA region, they have already thus far ventured into 10 countries which cover Brunei, Laos, Myanmar, Vietnam, and Singapore, to name a few. To be able to make growth achievable, a wide variety of products such as housing loan continues to be offered to consumers to provide for both business and personal needs.

Possessing a savings account or even a current account happens to be stapled yet underrated. To make certain that account holders will benefit the most from their savings, RHB Bank has offered a highly competitive interest rate in comparison with other banks. Furthermore, the company has improved the transaction facilities by both adding more ATM and CDM machines in branches as well as other designated locations combined with creating an internet-based banking services platform, RHB Now for their customers.

The shift from the traditional purchasing method using cash to cashless methods has increased substantially the demand for credit cards. As proven beyond doubt in the statistics from many analyses conducted, the acceptance towards the e-payment method from the public is showing rapid growth. Hence, credit cards are gaining popularity as cardholders can make purchases online very easily.

RHB Bank is aware that it is very important to reduce the gap between supply and demand. Hence, they also have formulated a unique credit card scheme that provides value that includes cashback rewards that grow as more transactions are made by cardholders gradually.

RHB knows that individuals demand more than simple savings accounts and credit cards. When purchasing assets such as homes and cars, a lot of people happen to be having difficulties to get their loan approved. So, they have reformulated their financing services that offer very low interest to get a variety of bank loan. Moreover, unit trust, insurance, and personal financial investment could also be made with the Bank.

Shifting the focus to corporate customers, RHB Bank is also offering corporate banking solutions to entrepreneurs and organizations. These target prospects are welcomed to get loans as well as register for the other products and services, for example, asset management and cash management services.

These services are especially ideal for small-medium enterprises, as numerous different types of services including loans can be made to gain more capital in their businesses. For e-commerce business proprietors, retails solutions would certainly be one of the most innovative and beneficial services they’ll be able to subscribe to.

However, RHB Bank still keeps its interest in the highly-demanded Islamic banking facilities. This type of product is especially demanded in countries like Malaysia. So, they have offered Islamic corporate banking, Islamic treasury, unit trust, and wealth management that is offered upon demand by either individuals or businesses.

The Bank’s annual brand value grew at the rate of 24% in 2016, and all this signifies that they’re now in the top 5 leagues in Malaysia. For the exact purpose to sustain a similar rate of growth over the years to come, RHB Bank is deploying more aggressive campaigns for housing loans and tactics for the customers.

Say Hello to E-cigarette

E-cigarettes or e-cigs are battery-operated devices that turn liquid nicotine into vapor. It’s meant to give a similar experience to smoking with absolutely no tobacco burning involved, which could be considered to be great for smoking cessation. Regulation of e-cigs differs across countries since it’s still an expanding market.

The Invention Of The E-Cigarette

The invention of the modern-day e-cigarette can be credited to Hon Lik in 2003. Since his patent became the first commercially successful e-cigarette in China, similar products have been made aware of our society. How e-cigarettes work is by the heating of flavored liquid into an aerosol, which users will inhale. Today, users can purchase e-cigarettes from brands like NanoSTIX and vape stores.

E-cigarettes in the Cultural Zeitgeist

E-cigarettes have been on a global popularity climb since their market entry in 2003. In 2012, there was a spike in users with young adults making up a significant number of vapers. The belief that it helps in stopping smoking and is presumed to be safer than smoking tobacco are several reasons that lead to the rise of e-cigs.

Types of E-cigarettes

A lot of governments worldwide are still trying to figure out the best way to regulate the e-cigarette industry. In Malaysia, e-cigarette brands will have to learn to play by the rules, which means no promotion and advertisement whatsoever. This wouldn’t be a problem for them though, as the consumers themselves are brand ambassadors for e-cigarettes and will recommend it to their social circles.

How Does A Vape Pen Work?

Each brand may have varying designs but the core components of a vape pen include rechargeable batteries, liquid cartridges, a steel body, a heating element, and the electronic circuit. To vape with a pen, the user breathes through the mouthpiece, activating the heating element that converts the liquid into an aerosol. This vapor becomes inhalable by the user.

Understanding the Shift in Stick

Many smokers turn to vape because they are trying to stop smoking cigarettes. Quitting completely may be difficult for them, so using a vape pen like NanoSTIX is easier-not just for their health but also for their financials. For those not too bothered about these two factors, they are most likely vaping as a hobby, especially with the many flavors available in the market.

Effects Of Using E-cigarettes

There is not a lot of information about how e-cigarette affects our health, and there is a belief that e-cigs are healthier than traditional cigarettes floating around. Whether e-cigarettes are harmful or have more toxic chemicals than traditional cigarettes, there is not enough research to confirm this belief. The debate about the risks of e-cigarettes is ongoing.

Regulating E-cigarettes Around The World

Countries all over the world have their methods in handling e-cigarette policies and laws. While it is fine to vape in some countries, others like Japan and Thailand have completely banned e-cigs. Using vape pens in Malaysia isn’t illegal, but it is prohibited to advertise it. Stricter regulation by the Malaysian government is expected in the future.

What Is The Future For E-cigarettes?

The number of e-cigarette users around the world has been on a steady rise, even with the bad rep and mixed opinions surrounding it. For a lot of former tobacco smokers, e-cigarettes have helped them break the habit. NanoSTIX is an excellent option if you’re looking to quit smoking. Click here http://nanostix.com/ to learn more.

Discover AIG Malaysia’s Latest Insurance Offering

Being one of the pioneers of insurance services in Malaysia for longer than 60 years, AIG serves the citizen by giving quality delivery concerning car insurance and risk management solutions. After the day the foundation is set in 1953, AIG’s consistent development produced a steady increase in their network of agents, brokers, and schemes, with now more than 15 offices opened countrywide.

AIG believes that insurance and risk management plan’s important to protect their customers from the unforeseeable future. Therefore, they offered different kinds of insurance packages that should be benefited by both corporations and people.

Buying a vehicle and even a house could be worrying without a comprehensive protection plan to cover them in case there are accidents. Even the national legislation has rendered insurance purchase mandatory for all of the private and commercial properties possessed. To ensure the purchasers can get the most out of their purchased plan, AIG gives a fast and quality service to various clients if there are insurance claims.

Nonetheless, most likely the most precious thing a particular person would get is their health and wellbeing. Even though it seemed to become a challenge for insurers like AIG to educate the citizens on the importance to purchase medical insurance, this has now seen a steady boost in the number of purchases made caused by the trouble they have which is designed to create awareness.

The domestic businesses’ expansion to foreign markets coordinated with cheap transportation helps make frequent travel the new standard. It’s brought on the increasing interest in insurance to cover individuals while making either domestic and international trips. To suit the wants, AIG Malaysia has offered an insurance plan with complete coverage to the customers.

Moreover, for businesses, AIG has already been actively offering a high-level risk management plan which happens to be highly relevant to their demands. Whether it’s extended warranty insurance, aerospace insurance, fronting, and captive services insurance, or just trade credit insurance, corporate customers can tailor-make their particular subscription plan with AIG to stop both over insurance and underinsurance.

Businesses from manufacturing, finance institutions, transportations, import & export, retail, or even media & technology sectors can eventually profit by this unique plan. Nevertheless, there’s never been an oversight in the needs of SMEs. With the knowledge that small enterprises might require protection too, AIG has therefore revealed SME Package to interested businesses.

Should organizations and folks become interested to know a lot more about the products offered before making a subscription, they’re now able to just contact AIG Malaysia and request to get a quote via the site. Customers preferring to get an in-person meeting may be able to find agents’ information on the website and ask to have a face to face meeting.

Recently, AIG Malaysia has moved the extra mile to embrace e-commerce given that they make their car insurance subscription available on Lazada Malaysia. This tends to ultimately bring convenience to subscribers as they can have their insurance activated in a matter of 72 hours, and it’s perceived as a brilliant approach to getting in touch with the target audience digitally.