Wednesday, January 06, 2021

Business

AmBank Islamic Offers Special Financing Facility For Employees In Public Sector

AmBank Islamic has introduced a special financing facility – Personal Financing-i, which is catered for employees of the federal and state governments, selected agencies, government-linked companies (GLCs) and statutory bodies. The Personal Financing-i is a Shariah-compliant financing facility offering financing amount of up to RM200,000. This financing facility requires no guarantor, collateral and even any lock-in period. The […]

NanoMalaysia Berhad and Bonric Sdn Bhd Develop Graphene Infused Latex Gloves

NanoMalaysia Berhad and Bonric Sdn Bhd have co-ideated and jointly developed graphene infused electrostatic discharge (ESD) latex gloves with a projected revenue impact of more than RM100 million over the next five years.   ESD gloves are usually made of synthetic rubber and used to handle sensitive electronic parts in the electrical and electronics (E&E) industry. […]

Financial Markets

CEOs’ Business Confidence Shaken in The Wake of COVID-19 Crisis

According to the 2020 KPMG Global CEO Outlook report, only 22 percent of CEOs in Asia Pacific remain confident about the growth prospects of the global economy over the next three years (a significant drop from 67 percent in January 2020). But on a more positive note, CEOs are much more assured in the resilience of their […]

SAP Intends Qualtrics IPO to Boost Market Potential

SAP SE (NYSE: SAP) recently announced its intent to take Qualtrics public through an initial public offering (IPO) in the United States. Qualtrics is the market leader and creator of the Experience Management (XM) category, a large, fast growing and rapidly evolving market. SAP intends to remain the majority owner of Qualtrics. SAP’s primary objective for […]

BNM Reduces OPR to 1.75pc to Quicken Economic Recovery

Bank Negara Malaysia (BNM) has reduced the Overnight Policy Rate (OPR) by 25 basis points to 1.75 percent. BNM said the ceiling and floor rates of the corridor of the OPR are correspondingly reduced to 2.00 percent and 1.50 percent, respectively. The central bank in a statement said the reduction in the OPR will provide […]

Society

Staycations at Mandarin Oriental

Mandarin Oriental, Kuala Lumpur invites local residents to experience a memorable staycation with three packages namely Weekend Staycation by M.O., Urban Resort Staycation and Suite Treat, valid until 29 December 2020. The elegant rooms and suites offer sights of the PETRONAS Twin Towers or KLCC Park. Guests can luxuriate in bliss with leisure facilities located on Level 3 featuring an […]

‘Save & Win More Kaw Kaw’ With Bank Muamalat

Bank Muamalat Malaysia Berhad (Bank Muamalat) launched the ‘Save & Win More Kaw Kaw’ campaign to encourage its customers to save and to provide an opportunity to win attractive prizes. Held for the second consecutive year, the campaign runs for a period of one year beginning 1 August 2020 until 31 July 2021 and offers customers the chance […]