Monday, November 30, 2020

Business

Petronas Receives Corporate Nation-Building Award

PETRONAS was recently announced as the recipient of the Corporate Nation-Building Award in the Private Sector category by Thailand’s Nation-Building Institute International (NBII), at a virtual ceremony in Bangkok. The ceremony was organised in conjunction with The International Conference on Nation-Building (ICNB) 2020, themed “Nation-Building in the Pandemic New Normal” and was hosted by the NBII […]

CIMB Introduces Expanded Targeted Payment Assistance Programme

CIMB Bank Berhad and CIMB Islamic Bank Berhad (collectively “CIMB” or “the Bank”) has introduced its Expanded Targeted Payment Assistance programme (“Expanded TPA” or “the Programme”), in line with the government’s recent announcement on additional assistance to B40 and microenterprise borrowers who have been affected by the pandemic. Under the Expanded TPA, eligible borrowers under […]

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 […]