Tuesday, July 15, 2008

Free for life platinum credit cards

Platinum credit cards are nice looking, great to have, provides higher credit limit, lets you enjoy better customer services, and more. If you earn a 5 digits monthly income, or at the high end of the 4 digits monthly income, you might want to have this type of credit card residing in your wallet.

However, the annual fee of platinum credit cards is normally much more higher than gold credit cards, and easily cost you a few hundred ringgit. The RHB VISA Infinite even charges you RM1,000 annually for that. It would be nice if the annual fee can be waived for a lifetime without any condition set.

To avoid the hassle with the annual fee, you might probably want to look for a free for life (ffl) platinum credit card, if you intend to apply for one.

The list below are some of the free for life (ffl) platinum credit cards issued in Malaysia, which won't charge you for any annual fee:

  • CIMB PETRONAS Platinum MasterCard (provides cash rebate on spending, also ffl to supplementary cards)
  • CIMB Platinum Business MasterCard (provides cash rebate on spending, targetted to corporates)
  • CIMB VISA Platinum (also ffl to supplementary cards)
  • CIMB Mastercard Platinum (also ffl to supplementary cards)
  • CIMB Direct Access MasterCard & VISA Platinum (targetted for graduates and professionals, also ffl to supplementary cards)
  • UOB Lady's Visa Platinum (targetted for ladies, also ffl to supplementary cards)
  • UOB Lady's MasterCard Platinum (targetted for ladies, also ffl to supplementary cards)
  • EON Bank Platinum MasterCard

So, which one do you intend to take? Or which one you've already taken?

Monday, July 14, 2008

25 days to go for Beijing 2008 Olympics

I believe most of us are aware that the Beijing 2008 Olympics (a.k.a. Games of the XXIX Olympiad) will be held from 8-24 August 2008. It is now only 25 days more to go.

The theme is this international multi-sport event is as below:


"One World One Dream" expresses the common wishes of people all over the world, inspired by the Olympic ideals, to strive for a bright future of Mankind. In spite of the differences in colours, languages and races, we share the charm and joy of the Olympic Games, and together we seek for the ideal of Mankind for peace.

The 5 official mascots of the event, Fuwa embody the natural characteristics of 4 of China's most popular animals -- the Fish (Beibei), the Panda (Jingjing), the Tibetan Antelope (Yingying), the Swallow (Nini) -- and the Olympic Flame (Huanhuan).


When you put their names together -- Bei Jing Huan Ying Ni -- they say "Welcome to Beijing," offering a warm invitation that reflects the mission of Fuwa as young ambassadors for the Olympic Games.

Wishes all the best to Beijing and all the athletes, may the force be with you!

Conducting effective meeting

Having meetings is common in the business world. However, from my personal experience, a lot of meetings were held in a non-effective way. Sometimes, they are not productive too. The time wasted in those meeting could be very costly, imagine how much wages or salary were paid to the participants sitting in the meeting room during the time of meeting, and what if they were doing other more productive business activities instead of sitting in the meeting room.

I learnt some ways to conduct more effective meeting. I would define an "effective meeting" as a meeting that:

  • meets the objectives and goals of having the meeting
  • produces fruitful outcome and action plans
  • lively discussion among the participants (not one-way communication from chairperson only)
  • every participants are clear about their role and follow up actions
  • used as little time as possible

In order to achieve an effective meeting, here are some guidelines.

1. Meeting is more for discussion than announcement

A lot of people like to conduct meeting just for announcement. Those meetings are of one-way communication. I believe most of the time announcements can be made in the form of memo, circular, email, etc.

Meeting can be held to discuss about the announcement, to ensure everybody understand the message clearly. The announcement should be made before the meeting. If calling up a meeting is just for announcing something, and that announcement is not something very significant or impacting, most of the time you might find that those meetings might not be necessary at all.

2. All participants should clear about what will be discussed in the meeting

It is a good practice to disseminate meeting agenda and related documents prior to the meeting. All participants should get well prepared for the meeting by understanding the discussion topics and get ready the material for discussions.

In this way, supporting documents can be well prepared and presented during the meeting. The discussion could be more lively and get everybody involvement as everyone already aware about the discussion topics and ready for their involvement.

3. When discussion has gone off-topic, chairperson need to control the situation

When discussion has gone off-topic, or there is a long debate within certain participants that couldn't be easily solved on the spot, the chairperson should control the situation and ensure that the time is managed as planned in the agenda.

Most of the time, it is wise to schedule a separate meeting for those discussions, or let the person involved to resolve the matter among themselves later, instead of wasting other participants' precious time in the meeting room.

4. Discussion should come to mutual conclusion and action items

The meeting is not effective if discussion produce nothing. The discussions should have outcome which is well minuted. The minutes of meeting should be disseminated to all the participants shortly after the meeting. Even for informal meetings, it is wise to produce a "disucssion notes" to record down the outcomes and action plans.

5. When the planned time on the agenda is over, get participants' input about extension

It is very irresponsible for the chairperson to let the meeting time drag on, which might affect the time schedule of every participants in the meeting room. When the allocated time is over, and meeting suppose to adjourne, but the discussions were not finished yet, the chairperson should get the participants' input for time extension, proposed new adjourne time, possible continued discussion at another time, etc.

Especially when it reaches the lunch or dinner hour, the meeting should decide if a short break is required for participants to go and eat, or food to be brought into the meeting room, etc. The chairperson should not just let the meeting continue on with hungry participants.

Hint: Click on the "Older Posts" link to continue reading, or click here for a listing of all my past 3 months articles.