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Alliance Bank, Sunway University team up to upskill SMEs
KUALA LUMPUR: Alliance Bank Malaysia Bhd has signed a memorandum of understanding (MoU) with Sunway University Sdn Bhd to provide courses to help upskill SMEs’ workforce through Sunway iLabs.
Ringgit IRS trade by non-resident banks offers a positive signal
KUALA LUMPUR: Bank Negara’s move to allow non-resident banks to trade in ringgit-denominated interest rate swap (IRS) effective March 15 is seen as a positive move by the central bank, signalling that it has the policy instrument and enough room to manoeuvre in the financial market, Juwai IQI Global chief economist Shan Saeed said.
‘Explore long and viable solution to reduce waste’
PETALING JAYA: Authorities should consider other options besides incinerators as a long-term solution to dispose waste in a cheaper, safer and cleaner manner, says a waste management expert.
‘Timely measures kept economy afloat’
SWIFT measures by the government to revive the economy has earned the thumbs up from economists.
Divided over private vaccine plan
PETALING JAYA: Health experts are divided over whether Malaysia’s private healthcare sector should be allowed to procure Covid-19 vaccines for their own clients.
Early signs of weakness in commercial real estate
WITH the release of Malaysian Real Estate Investment Trust (M-REITs) respective fourth quarter results, we are now able to gauge the impact of Covid-19 on commercial real estate assets in terms of valuation as typically all REITs carry out a valuation exercise on their respective investment properties annually.
Maintaining OPR indicates economic recovery confidence
KUALA LUMPUR: Bank Negara’s decision to maintain the overnight policy rate (OPR) at 1.75% at its second Monetary Policy Committee (MPC) meeting yesterday suggests that the central bank is confident of economic recovery this year on the back of improving global demand and consumer spending.
Dividend payout a welcomed bonus for Malaysians
PETALING JAYA: Given the devastating effect the Covid-19 pandemic has had on the economy, economists and Malaysians have welcomed the Employees Provident Fund’s dividend payout for 2020. EPF had declared dividends of 5.20% for Conventional Savings and 4.9% for Syariah Savings for 2020, with a total dividend payout of RM47.64bil.
Standing in solidarity with the needy in tough times
AS Malaysians continue to battle the Covid-19 pandemic, flood woes and economic downturn, Sunway City Kuala Lumpur Hotels has embarked on a string of initiatives to help ease the burden faced by the country’s most at-risk communities.