Let us ease your stressed-out minds everytime you encounter those economic jargons that you might not understand!

Rachel Ten, CEO of Hewo.com shares her views on the world economy and the Malaysian context regarding the recently-announced RM 60 billion stimulus package by the Malaysian government.

Take this test to evaluate whether your life is affected by the current global economic crisis.

How did the Global Economic Crisis began? What is a subprime? How can you make money out of subprime mortgages? All this and more in this feature article!

Companies have been shutting down business. Banks are going bankrupt. The Lehman Brothers bank went bust. Insurance giant American International Group Inc (AIG) ended up with huge debt that the U.S Federal Reserve had to step in and "save" (involving a rescue of US$173 billion). Some companies were bought over. People loses jobs and many find difficulty landing in their first job (fresh graduates especially). Learn more about the recession and unemployment during this economic crisis in this feature article.


Learn about the facts and figures of :-

  • The Subprime Fiasco and Credit Crisis
  • Recession and Job Losses
  • Impact on Mental Health

The govenment recently announced the RM60 billion stimulus package (mini budget) which is spread over two years and the main objective is to prevent the economy from sliding into a deeper recession, by jobs creation, supporting the Small Medium Enterprises (SMEs) and guaranteeing credit to SMEs. Read this article to learn how this RM60 billion stimulus package can help the young adults and jobless graduates and also the employees in the private sector and Small Medium Industries.

Little have realised that the recent global economic crisis not only has taken toll on people's financial security but also on one's mental health. Research shows that many unemployed people are 2-3 times at risk to die due to suicide than those who are still having jobs. Men are shown to be vulnerable to anxiety and depression to financial crisis three times more compared with women who are about two and a half times more susceptible.