BFM 89.9

HIGHLIGHTS 
Podcast  >  Morning Run  >  Ringgit & Sense  >  Stashaway Simple - Fixed Deposit Killer?

Stashaway Simple - Fixed Deposit Killer?

Wong Wai Ken, Malaysia Country Manager, Stashaway

30-Jul-20 09:37

Stashaway Simple - Fixed Deposit Killer?

This year Bank Negara has cut rates 4 times, taking the OPR from 3% to 1.75%. This is the lowest level since 2004.

While the central bank has done this to help stimulate the economy, it’s also punishing savers as Fixed Deposit rates have also fallen.

As savers look for the best rates for their cash, one of the options that has come up is Stashway Simple.

Roshan speaks to Ken about their new cash management product, and also gets into the direct debit technical issue Stashaway faced earlier in the week, as well as their recent portfolio optimisation on the back of unprecedented monetary policy from the US Federal Reserve.

Produced by: Roshan Kanesan

Presented by: Roshan Kanesan


This and more than 60,000 other podcasts in your hand. Download the all new BFM mobile app.

Categories:  Personal Finance,  Investments,  Financial Literacy,  Politics,  Law and Legal Matters,  Business Analysis,  Trends and Forecasts,  Markets,  Young Finance

Tags:  Money Market Funds,  Fixed Deposits,  OPR,  Stashaway,  Roboadvisor,  Interest Rates, 


Latest Podcasts




Play / Pause

Listen now : BFM 89.9 -- The Business Station

Today’s Shows



11:00 AM

Best of Enterprise

(REPEAT) Can sports ethics build stronger, more ethical companies? We speak with Paresh Subramaniyam, Founder and CEO of Engage Life, to explore how the timeless values of sports—like fair play, resilience, and discipline—can change today’s workplace culture.

12:00 PM

Popcorn Culture

(REPEAT) We review Keluang Man and look at some of our favourite characters from our childhood.

1:00 PM

Cruise Control

(REPEAT) Fancy a used McLaren MP4-12C at a very reasonable price? Tune in to hear what are the pros and cons of getting a sports car.

2:00 PM

Matt-Splained

(REPEAT) Rich and Matt look at this remarkable rise and fall of EVs and ask if the continued rise of the EV in the 21st Century EV is inevitable and unstoppable?

3:00 PM

Earth Matters

(REPEAT) We speak to three researchers to learn more about how we can coexist with macaques peacefully.

4:00 PM

Bar None

(REPEAT) Former national tennis player Adam Jaya shares his experience being a professional athlete and his training routine.

5:00 PM

BBC World Service

BFM presents the BBC World Service, which provides in-depth coverage of issues from around the world.