KUALA LUMPUR, MALAYSIA – Media OutReach – 2 May 2022 – Global broker OctaFX, together with its brand ambassadors Fizo Omar and Wak Doyok, is launching an educational project that aims to spread knowledge about finance and investing.
Malaysia’s fashion guru Wak Doyok and popular actor Fizo Omar, who recently became the first-ever brand ambassadors of OctaFX in Malaysia, will share their financial knowledge and investing experience as part of the broker’s new project. The initiative aims to boost financial literacy in Malaysia, the need for which has been increasingly discussed at the state level.
According to Malaysian Financial Literacy Survey 2021, most Malaysians have space to improve their financial habits. About 43 percent of them are susceptible to financial shocks as they spend more than what they earn, and 57 percent do not have enough savings to last them more than three months in case they lose their source of income.
Although Malaysian youth are more willing to use e-wallets and invest in digital assets than the older population, they are actually more reckless than their parents when it comes to financial habits. With that said, the issue of financial literacy remains highly relevant for the wide Malaysian audience.
OctaFX is striving to contribute to the issue by giving direct and easy access to information on finance. Anyone willing to participate can ask any question about money or financial planning to Wak Doyok and Fizo Omar, and the celebrities will answer based on their personal experiences with trading and investing. Submitting a question is easy through the project’s page or by leaving a comment on OctaFX’s Facebook or Instagram. The broker will regularly publish the answers to the most interesting questions on its social media.
Fizo Omar feels happy to be a part of the project and truly believes in its mission.
‘We deсided on the Q&A format to make education easily accessible—and I am excited to share my knowledge,’ the actor said. ‘Anyone interested in finance can participate—you don’t have to be the broker’s client. Personally, I believe that everyone can become a master of their money, but it requires financial literacy.’
Wak Doyok also feels like he has a lot of personal experience to share: ‘I have been learning about and testing different investing methods for many years. Trading has become one of my favourite ways to preserve and grow my capital. During the pandemic, I realised I had been right to diversify my sources of income since it left me in a more secure position. Investing can be like a second salary—it is something I would recommend everyone to seriously consider.’
Malaysians will have a chance to ask their questions about finance and investments to the OctaFX brand ambassadors until 20 June. The authors of the best questions will receive valuable prizes, while the two first-prize winners will get the opportunity to spend a day in person with Wak Doyok or Fizo Omar. They will see how the celebrities manage to fit both their demanding jobs and investment in their daily lives.
OctaFX is a global broker that has been providing online trading services worldwide since 2011. The company is involved in a comprehensive network of charity and humanitarian initiatives, including improvement of educational infrastructure, short-notice relief projects, supporting local communities and small to medium enterprises.
In the APAC region, it managed to capture the ‘Decade Of Excellence In Forex Asia 2021’ award, the ‘Best Islamic FX Account 2020’ award, and the ‘Best CFD Broker Asia Pacific 2020’ award by Global Banking and Finance Review, World Finance, and Cfi.Co, respectively.
Expanding on the global digital arms race that governments and corporations are engaged in, this full-day forum will see industry leaders speak, and four interactive panel sessions. Event date: 21 March 2023. Contact us to book your seats now!
The threat matrix has evolved to include information warfare, cyberspace incursions, big data and behavioural communications. Business leaders need to be aware of these threats to survive. What are you doing as a key stakeholder?
Special session: Cyberwarfare Waged on the Corporate Sector - Lessons from the Russia-Ukraine Crisis. Corporations are in a digital arms race that many don't realise. How does this relate to your organisation?
The Malaysia Global Business Forum (MGBF) will be hosting a roundtable on ‘Designing the Future of the Digital Economy’ on 23 February 2023. It is the culmination of the first three MGBF Exclusive Roundtable Series titled ‘The Evolving Threat Matrix in the Digital Economy’ held throughout 2022. According to the […]
The Founding Chairman of the Malaysia Global Business Forum (MGBF), Nordin Abdullah, today spoke on Bernama TV’s leading English talk show, The Brief, hosted by Jessy Chahal, on the topic of a stable political reality and what that means for the Malaysian economy. Nordin said, “The first thing that it […]
More than 1,100 years ago, Muhammad ibn Musa al-Khwarizmi was developing the mathematical formulas that we know today as algorithms which now have become so intertwined with the business fortunes of global media giants and the very fabric of geopolitics. A series of recent high level international reports have revealed […]
KSK Land has been recognised by the Malaysia Global Business Forum (MGBF) for its role in attracting high net-worth individuals to Malaysia post-pandemic. The first challenge in investor attraction is “selling” the country. In the context of Asia, Malaysia is competing with some very established investment destinations. The second […]
Malaysia, in particular Kuala Lumpur, continues to position itself as a regional centre to do business, educate a family and enjoy a global lifestyle. One company, KSK Land, has taken the lead in positioning itself and the city of Kuala Lumpur as a property investment destination for the global citizen […]
The upcoming budget represents an opportunity to build resilience in the critical sectors that will form the backbone of the country’s future-facing economic ambitions. This however needs to be achieved in the context of managing the community sectors most impacted by COVID-19 over the past two years. The Keluarga Malaysia (Malaysian Family) […]
Malaysia Global Business Forum (MGBF) has moved to support the creative economy as the overall economy moves into a recovery phase following the COVID19 pandemic. As a step in the direction of normalcy, the MGBF has agreed to host the art exhibition “I Know You’re Somewhere So Far” by one […]
Congratulations to Datuk Seri Ismail Sabri Yaakob for taking up the mantle of the ninth prime minister of Malaysia. There is nothing normal about the situation; it could not have been scripted but it has kept the spectrum of media, mainstream and social, gripped. The first order of business for […]
In a stirring speech to the nation, President Joseph R. Biden, Jr. stamped his brand of leadership on the presidency, in his first act as the 46th president of the United State of America, it signaled several shifts. Perhaps the weather was foreboding with snow falling before the ceremony that […]
KUALA LUMPUR, 6 July 2022 – As the global economy continues to deal with unprecedented levels of disruption caused by the pandemic and the conflict between Russia and Ukraine, the convergence of energy security and food security issues has become a front-of-mind issue faced by policy makers and consumers alike. […]
KUALA LUMPUR, 23 June 2022 — Malaysia Global Business Forum (MGBF) ties up with scoutAsia to ensure that businesses are equipped with deeper regional insights. The past two years has seen a massive shift in the way businesses are conducted with digitisation, digitalisation and automation continuously being adopted to improve […]
KUALA LUMPUR, 25 May 2022 – The Malaysia Global Business Forum (MGBF)’s exclusive roundtable on ‘Security Concerns in Critical Value Chains’ was held in a hybrid setting yesterday at the Eastin Hotel Kuala Lumpur. The guest of honour was Yang Berbahagia Tan Sri Dato’ Seri Rafidah Aziz, former minister of […]
We live in the age of crisis. At the heart of any crisis is the threat of rapid change. Change too deep or too wide that the current coping mechanisms for an individual, corporation or government are unable to remain resilient. An unwelcome paradigm shift, like the proverbial spider, that […]
The Malaysia Global Business Forum (MGBF) has released a report following the roundtable on ‘Digital Resilience in the Corporate Sector’, which was recently held in Kuala Lumpur. In attendance as guest of honour was Deputy Minister of Communications and Multimedia, Datuk Zahidi Zainul Abidin. The report recommended several critical development […]
Trade and investment delegations will trickle back over the next few months, but the second half of the year should see considerable return of business travellers. It was learnt that over 50 per cent of international business chambers and industry associations surveyed will consider sending exploratory teams to Malaysia during […]
KUALA LUMPUR, 30 March 2022 – The Malaysia Global Business Forum (MGBF)’s exclusive roundtable on ‘Digital Resilience in the Corporate Sector’ was held in a hybrid setting yesterday at the Element by Westin Kuala Lumpur. The discussion focused on what business leaders need to understand, to ensure business resilience and […]
The Malaysia Global Business Forum (MGBF)’s exclusive roundtable on ‘Addressing Weaponised Information in the Media’ was held in a hybrid setting today at the Hilton Kuala Lumpur. The discussion focused on addressing one of the most relevant threats to businesses in the digital economy – cyber threats causing physical and […]
The current floods that have impacted various parts of the country have given rise to an extensive commentary on the response cycles of various stakeholders. It has in turn led to continued crisis communications and statements in the media by agencies and ministries alike. This binary approach to the discussion […]
The formation of a special Cabinet committee to develop strategic measures to safeguard the economy amid the Covid-19 outbreak shows the Malaysian government is serious about creating a balance between the continued safety of the general population and the survival of the economy. In the global context, as many countries […]