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Archive for September, 2008

29-09-2008: Rockwills sees huge potential in insurance trust by Tony CH Goh, theedgedaily.com KUALA LUMPUR: One of the country’s top estate planning companies, Rockwills International Sdn Bhd, wants to expand its range of wealth management services by going into the insurance trust market. The primary target of this venture is the large pool of retail [...]

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Recently, I wrote about Rockwills Corporation’s tie-up with eight charitable organisations where, in conjunction with the company’s ‘Will for Charity’ campaign, people who write their wills with Rockwills and are looking to take up a noble cause can make a contribution to any of them. According to a news item in last week’s The Malay [...]

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New queen

Alexandra Kosteniuk, 24, is the reigning queen of the board. I WOULDN’T mind meeting Alexandra Kosteniuk over a game of chess. In fact, I know of many chess players who wouldn’t mind either. But I can almost hear some of you ask: who is Alexandra Kosteniuk? Kosteniuk is the current women’s world champion. She’s newly [...]

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Malaysia’s FDI outflow

This is reported by Singapore’s Business Times. It is a cause for concern: Malaysia’s foreign direct investment (FDI) outflow surpassed inflow for the first time last year, with net outflow amounting to almost RM9 billion as local firms accelerated cross-border acquisitions to fulfil regional dreams. FDI outflow in 2007 surged 82 per cent to RM38 [...]

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A downturn can be the best time

Greg Savage is the chief executive officer of Aquent International, an HR and staffing solutions firm that specialises in the marketing, communications and creative domains. Recently, he was interviewed by India’s The Financial Express. Here are an excerpt from the interview where he was asked about the role of HR during an economic downturn: “In [...]

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I uncovered this fascinating story in the New York Times of sex, obsession, greed and murder which happened some 150 years ago: A Tale of Sex, Obsession, Greed, Murder -  150 Years Ago A Lurid Tale From 1857 Is Revived in Granite By ANDY NEWMAN Published: September 19, 2007 The New York Times Back in [...]

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Rockwills Corporation Sdn Bhd, which provides professional will-writing and will custody services, is aiming to write 15,000 wills by the end of this year. Its chief executive officer, Saw Leong Aun, said from January to August this year, the company has already written 8,000 wills.He said the company had allocated more than RM1 million for [...]

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Ratings obsession

Chess ratings allow players to compare themselves with other players. THE chess world is as obsessed with four-digit numbers as Asians from this part of the globe. You know why Asians are so obsessed with four-digit numbers. It’s part of the gambling culture that some of us are immersed in. But the chess world? What’s [...]

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According to Thai News Service, analysts in Malaysia say that the country is unlikely to be impacted in a big way by the collapse of Lehman Brothers and Merrill Lynch. “I can’t see it having a direct impact on Malaysia. Any impact is likely to be indirect,” said Wong Ming Tek, head of research at [...]

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How Lehman Brothers failed

Want to know how exactly these banks had failed? The underlying idea is that they gave out bad loans. But what happened after that? Below is an attempted explanation picked up from a discussion thread in Google. It’s complicated, but here’s the 30-second version of what happened with Bear Stearns and Lehman: People went to [...]

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