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World Bank 'financialising' development

KUALA LUMPUR and SYDNEY: The World Bank has successfully legitimised the notion that private finance is the solution to pressing development and welfare concerns, including achieving the Sustainable Development Goals (SDGs) through Agenda 2030.

Enhancing the role of development financial institutions

PETALING JAYA: Institutionalising the new enhanced performance measurement framework for development financial institutions (DFIs) and ensuring its effective implementation will continue to be a key priority for DFIs and a focus of Bank Negara’s regulatory and supervisory activities.

Encorp to bank on property development projects on Felda land

PETALING JAYA: Encorp Bhd, which is owned by Felda Investment Corp (FIC), will drive its revenue growth by looking into property development projects on Felda’s landbank in strategic locations throughout the country.

Trading ideas: UEM Sunrise, Straits Inter Logistics, Perisai, Eco World Development

KUALA LUMPUR: JF Apex Research expects UEM Sunrise Bhd, Straits Inter Logistics Bhd, Perisai Petroleum Teknologi Bhd and Eco World Development Group Bhd to be among the stocks to watch on Monday.

MoF appoints seven to venture capital, PE development council

KUALA LUMPUR: The Minister of Finance has appointed seven new members of the Malaysian Venture Capital and Private Equity Development Council (MVCDC) for a term of two years from March 1, 2019.

UOA Development Q4 net earnings drop to RM136mil

PETALING JAYA: UOA Development Bhd has recorded a lower net profit of RM136.45mil in the fourth quarter ended Dec 31 compared with RM197.8mil in the previous corresponding quarter.

UOA Development records net profit of RM92.16mil

KUALA LUMPUR: UOA Development Bhd’s net profit declined to RM92.16mil in the third quarter ended Sept 30, 2018 from RM93.2mil in the same period last year.

Partnership on talent development

TWO leaders in the hospitality industry recently sealed a talent development partnership in its aspiration to develop high-calibre, industry-ready graduates to become future successful hoteliers.

SIDC launches ICF development platform

KUALA LUMPUR: The Securities Commission's learning and development arm has launched the Capital Market Competency Management System (CMS), an online platform that centralises Industry Competency Framework (ICF), assessment and development acitivities on a common hub.

US tops world in Internet development, with China in second place

China has become a big country in terms of Internet development but development still imbalanced, Chinese Academy of Cyberspace Studies says.