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Articles

Can a Management Corporation ( MCST) invest its monies for better ROI?
Can a Management Corporation ( MCST) invest its monies for better ROI?

August 28, 2021

The bank interest rates from fixed deposits had fallen from a high of more than 2% per annum before COVID-19 period to about 0.5% per annum currently. Many people felt that placing monies as fixed deposits in banks at such low interest rate is like giving monies away to the banks. Some opined that only people whom do not know how to invest, will place their monies as fixed deposits with the banks
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