Cimb Group Posts rm1.53bn fy20 Pbt; Dividend Payout of 40% CIMB Group Holdings Bhd posted a profit before tax of RM1.53 billion and a net profit of RM1.19 billion for the financial year ended Dec 31, 2020. Despite the year-on-year decline in PBT and net profit, the Group’s underlying business proved resilient. FY20 pre-provisioning operating profit declined
insurance Migrant Workforce Get rm1 Insurance Cover Monthly The migrant workforce in Malaysia will get a minimum Rm1 monthly insurance cover while refugees too will get their own cover. MCIS Insurance Berhad (MCIS Life) has teamed up with Merchantrade Asia Sdn Bhd to offer the insurance protection plans. The plans are available to locals and foreigners, targeting the
Facebook Profits in Rollout of 'Genocide' Campaign Facebook Profits in rollout of ‘Genocide’ campaign Facebook is ‘taking cash from China to promote propaganda denying ‘genocide’ of Uighur Muslims’ while banning news. This is the gist of a story in The Sun, UK, by Joe Duggan published Feb 18. The point is Facebook imposes a lot of conditions
airlines Aviation Body Needs Shake-up Post FAA Downgrade By Ushar Daniele Facebook-f Twitter Google-plus-g 26 FEB 2021 Malaysia’s household domestic carrier has been a prominent carrier that has stamped its excellence in the global industry. Over the years, it rivalled Middle Eastern airlines, brought pride to Malaysia as the Jalur Gemilang soared through the global airspace. However,
balenciaga Is Anyone Looking for A Designer Umbrella? Balenciaga has been a long time pioneer in the fashion world, but now it is offering us umbrellas for RM2,200! So, bad weather or not, you can still flash your Balenciaga when it rains or shines! For their Spring/Summer 2021 collection, luxury fashion house Balenciaga is offering the
FRANCE French Law and Secularism The origins of laïcité in French law: the 1905 separation of Church and the State So-called laïcité (which is to be understood as a french twist on secularism, closer to religious neutrality) is one of the central values of the French Republic. In 1905, a law was passed that « separated
Is Kobita Going for the Top Post? Is the wife of the Prime Minister of Mauritius Kobita Jugnauth grooming for a top post in government? In Mauritius, the signs come from the concerned people, and the increasing involvement of Kobita says it all. There are undeniable signs the going is tougher for the MSM. There are also
electric vehicles Price of crude oil to surge despite growing EV demand Forecast show Brent crude prices are to rise to $75 a barrel in the third quarter despite the push for electric vehicles. The hunger for oil and gas is still there, says forecast. Goldman Sachs recently raised its estimates for oil prices based on increasing demand and a slow rebound
A Vaccination Passport That Will Get You Past the Autogate! People are questioning the reason for the vaccines. They are arguing they won’t be able to travel outside their countries after they are vaccinated. This will change, however, after plans by several countries to implement a vaccination certificate. It will be just like a new passport to travel internationally.
crowdfunding MYSTARTR.COM helped 13 startups raise a total of RM19.7mn MYSTARTR.COM is changing the game for startups after it successfully helped 13 startups raise RM19.7 million on its crowdfunding platform. MyStartr Equity says the Crowdfunding Platform’s performance in 2020 has gone beyond expectations. It achieved about 200% of its target with the 13 projects completed. In March
china Genocide of Uighurs Does Not End Muslim Support for China In January, the United States government has declared the Chinese government is committing genocide against the Uighurs, a Muslim ethnic minority, in China. The Biden administration believes the mass internment, forced labour and sterilization of Uighur women constitutes a genocide. This week, Canada’s Parliament voted on a bill saying
Phantom Tempus Collection A Unique Motor Car on an Appropriately Grand Scale ROLLS ROYCE COLLECTION Our love for motorcars and guzzlers have no boundaries. Here is our celebration of this great collection! Torsten Müller-Ötvös, CEO, Rolls-Royce Motor Cars, concludes, “Phantom is our pinnacle product, so producing a Collection Car is always a supremely important moment for us and our clients. With Phantom
Solid Demand Will Contribute To Islamic Finance’s Growth Sukuk issuance will moderate from record highs, takaful premiums will rise steadily and Islamic funds will grow annually at 4%-5% Islamic banking, sukuk and takaful will benefit from supportive government policies in many countries and strong demand for Shariah-compliant products despite pandemic challenges, according to Moody’s Investors Service
arb bhd ARB Bhd upbeat about its FY2021 prospects, driven by its cloud-based solutions KUALA LUMPUR, MALAYSIA – Media OutReach – 23 February 2021 – For three years, ARB Berhad (ARB) has staged a successful turnaround and consistently registered substantial net profit growth. In the fourth quarter of the financial year 2020, the Group achieved a massive leap of 55% in the bottom line. The Group’s
adidas Make a Statement: 3 Comfortable Yet Stylish Shoe Trends to Try in 2021 (StatePoint) While comfort will continue to reign supreme for clothing and accessories in 2021, when it comes to footwear, there are a variety of fun fashion trends that make a statement. The good news is that there’s no need to overhaul your entire closet. And it’s easier than
Artificial Intelligence Record Tigergraph Funding Boosts Analytics for AI Caption: After record funding, Tigergraph will open offices in Singapore and Indonesia – Photo by Hitesh Choudhary on Unsplash SINGAPORE, Feb 22 (Bernama) — TigerGraph, provider of the leading graph analytics platform, today announced it has raised $105 million in Series C funding, the largest funding round to date within the graph
automotive Six Exciting Uses of AI in the Automotive Industry Vincent Tang, Regional Vice President, Asia, Epicor Car companies have been leaders in the Industrial Revolution since Henry Ford invented the assembly line. Today, it’s common to see robots working next to autoworkers on the factory floor. The industry’s latest advancements come from machine learning that improves the
Canada Canada Ticks China's Genocide of Uighur People Canada joined the United States in calling China’s mistreatment of Uighur people a genocide in a vote yesterday. Observers say the contentious parliamentary vote is likely to further raise diplomatic tensions between China and Canada. Conservative lawmakers won the all-party support of the vote in the House of Commons.
Petronas Gas Profit After Tax up by 5% to rm2.08bn Highest Revenue at RM5.59 billion and Profit After Tax at RM2.08 billion KUALA LUMPUR, 22 February 2021 – PETRONAS Gas Bhd Group of Companies (PGB) posted its strongest financial performance in FY2020, backed by stable revenue streams and lower costs. Group Revenue was RM5.59 billion, higher than RM5.
baidu Phone Maker Xiaomi Plans an Electric Vehicle China is putting a lot of focus on the new-energy vehicle sector, attracting high-profile auto and internet companies. One company that is spearheading in the sector is smartphone maker Xiaomi. Reports suggest the phone maker is plotting its own EV with founder and CEO Lei Jun heading the project. Xiaomi
ANWAR IBRAHIM What Are the Lessons Learned From the Pakatan Harapan Collapse a Year Ago? Lesson number one Malaysians learned since the turbulent end of February 2020: There are no friends in politics, and you should not trust your partners in a coalition. Lesson number two. There are no enemies in politics because the enemies of yesterday are the friends of today. Former PM Tun
kistnen Can Kobita's Soft Power Really Save Mauritius? Can Kobita Jugnauth’s use of soft power really save the people of Mauritius from her husband’s castle in the air? The more so, can she, the wife of the Prime Minister delude herself from the Movement Socialist Militant’s pipe dream? Either she is living in a dream-land
CDC China Withheld Pandemic Data, Leaked Documents Reveal China concealed a large amount of data from the World Health Organisation on influenza and other diseases with symptoms similar to COVID-19. The Epoch Times says the internal documents leaked to them show concealed data from the Chinese regime’s Center for disease control and health departments in 2019 and
alvi Pakistan President Urges France to Show Restraint in Anti-Muslim Drive Pakistan President Arif Alvi on Saturday urged the political leadership of France to show restraint and to forgo a bill targeting Muslims. He says France should “not to entrench the discriminatory attitudes against Muslim into laws.” He warns that such steps would lead to serious repercussions in the shape of
erdogan The Muslim World Race to the Moon Has Started With Turkey Joining the Fray! Turkey will fly its space ship to the moon as President Recep Erdoğan says the target is set for the country’s centennial year, 2023. The Turkish race to the moon was announced on the same day the United Arab Emirates made a big fuss of its probe entering Mars
