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THE role of independent non-executive directors (INEDs) came to light recently when BlackRock Inc – the world’s biggest asset manager with US$7.81 trillion in assets under management – queried Top Glove Corp Bhd’s handling of a Covid-19 outbreak while voting against the re-election of six independent directors at its recent AGM
PETALING JAYA: Banks are expected to have a better net interest margin (NIM) outlook in 2021, following the decision by Bank Negara to keep the overnight policy rate (OPR) unchanged.
PETALING JAYA: Banks in emerging markets (EMs) including Malaysia will face three main risks, encompassing a deterioration in asset quality, no thanks to the Covid-19 pandemic.
PETALING JAYA: The National Higher Education Fund Corporation (PTPTN) has assured borrowers that the process to apply to postpone their loan repayment will be smooth and easy.
PETALING JAYA: Bursa Malaysia Bhd’s net profit growth is likely to be in the triple-digit range or about 117% for its fourth quarter ended Dec 31,2020 (Q4).
BANGKOK, Jan 19 (Bloomberg/The Nation Thailand/ANN): Thai cabinet signed off on a US$7 billion cash handout program to help millions of low-income people weather the impact of control measures imposed to contain a new wave of Covid-19 infections.
PETALING JAYA: The Malaysian Employers’ Federation (MEF) has welcomed the government’s latest stimulus package to beef up its war against Covid-19, but said the Wage Subsidy Programme (WSP) should be extended based on the length of the movement control order.