Friday, November 20, 2020

Business

Agrobank Welcomes Dato’ Mustapha Buang As The New Chairman

Agrobank today announced the appointment of Dato’ Mustapha Buang as the new Non-Executive Chairman of Agrobank, effective 12 November 2020. The appointment had received approval from Bank Negara Malaysia and the Finance Ministry. Dato’ Mustapha is currently the Managing Director of Asian PAC Holdings Berhad since January 2001. Dato’ Mustapha Buang started his career as an Economic Planner with the […]

JobStreet Feels Budget 2021 Lacks Impetus in Upskilling

With automation threatening various existing jobs coupled with a shortage of qualified talent in emerging roles, there arises an immediate need for the upskilling of present employees to become what the industry terms as ‘workforce of the future’. “JobStreet is heartened that Budget 2021 is centred upon the rakyat’s wellbeing, business continuity and economic resilience, and […]

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 […]

Technology

MyIX Targets Expanded Membership and Partnership Base

The Malaysia Internet Exchange (MyIX) is expanding its membership and partnership base to also include enterprises in line with the continued evolution of the internet landscape. Having been established in 2006 as an initiative under the Malaysian Communications Multimedia Commission (MCMC), membership was previously restricted to internet service providers (ISP) before being broadened to also […]

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 […]