TH announces profit distribution of 3.1%

KUALA LUMPUR: Lembaga Tabung Haji (TH), the pilgrims fund board has announced a competitive profit distribution of 3.10 per cent (after zakat) for the financial year ended Dec 31, 2020, compared with 3.05 per cent in 2019, to all its nine million depositors.

Sime Darby's 2Q net profit leaps on Tesco stake sale, motors division

KUALA LUMPUR: Sime Darby Bhd posted a net profit of RM633mil in the second quarter ended Dec 31, 2020, more than twice the net profit of RM282mil in the previous corresponding quarter due to a stake sale in Tesco Malaysia and improved contribution from the motors division.

On the right footing

SINGAPORE: Singapore’s progressive wage model is a sustainable one which has worked well, said Deputy Prime Minister Heng Swee Keat, in highlighting the importance of getting various parties to work together to roll it out to more sectors.

How good health contributes to your wealth

IN OUR Malaysian culture, we frequently hear the saying “health is wealth” being bandied about, to the point we turn a deaf ear to it. But have you ever stopped to ponder what the saying truly means? Does good health really equal to good wealth?

Top Glove to vaccinate all staff once Covid-19 vaccine made available

KUALA LUMPUR: Top Glove Corporation Bhd has pledged to vaccinate all its staff, including foreign workers, once the COVID-19 vaccine is made available.

MISC in pact to assist stranded seafarers

PETALING JAYA: The MISC group, comprising MISC Bhd, AET Pte Ltd and Eaglestar Marine Holdings (L), has signed the Neptune declaration to help stranded seafarers caused by the Covid-19 pandemic.

Ge-Shen subsidiary reports positive Covid-19 cases

Ge-Shen subsidiary reports 10 Covid-19 cases among workers

KUALA LUMPUR: Ten workers of Ge-Shen Corporation Bhd’s subsidiary have been tested and confirmed positive for the Covid-19.

Consumer trends in 2021

CONSUMER behaviour is shifting and causing disruption for businesses globally, more so, since the onset of the Covid-19 pandemic.

IATA renews call on flexible policies for air travel

KUALA LUMPUR: The International Air Transport Association (IATA) has renewed the industry’s call on governments to deploy more flexible policies to safely reopen borders using testing rather than to rely on quarantine measures