[ad_1] KUALA LUMPUR (Nov 6): The various initiatives announced in the Government Budget for 2021 are welcomed by banks who say it remains expansive while maintaining targeted financial support and tax relief for affected vulnerable communities and businesses for the social, financial and economic consequences of the Covid-19 pandemic. The …
Read More »Various Initiatives to Prepare Graduates for the Gig Economy – MOF
[ad_1] KUALA LUMPUR: The government has implemented several initiatives to prepare graduates for the gig economy. In its Economic Outlook 2021 report published today, the Ministry of Finance (MOF) said that initiatives include the renewal of the curriculum, incorporating project-based learning and improving skills. With the growing number of graduates …
Read More »Budget 2021 – RM 50 e-wallet credit for 18-20 year olds
[ad_1] PETALING JAYA: Youth ages 18-20 will receive a one-time RM 50 credit to their e-wallet through the eYouth Program. Finance Minister Tengku Datuk Seri Zafrul Abdul Aziz said that RM75mil had been allocated to the program and would benefit 1.5 million young people across the country. “Young people play …
Read More »KLCI reverses loss to rise firmly above 1,500 threshold as investors shift focus to Budget 2021
[ad_1] KUALA LUMPUR (Nov 6): Bursa Malaysia’s leading index reversed its previous loss and pushed higher to move firmly above the 1,500 point threshold mid-morning, driven by gains, including for Public Bank Bhd, while investors were attentive Budget 2021 that will be released later today. At 10 a.m., the FBM …
Read More »‘My life is miserable’: Cut out the surfaces of a man killed by a truck after a car crashed into the office
[ad_1] The man says in the video that he had had sleepless nights. PETALING JAYA: A video of a man recounting his misery and depression in the workplace has come to light hours after his car crashed into his office and was later killed by a truck. Earlier today, it …
Read More »Rally in Bursa stops before budget announcement
[ad_1] KUALA LUMPUR: The rally in Bursa Malaysia on Thursday, fueled by foreign purchases, was stopped early Friday ahead of Budget 2021 proposals to be unveiled at 4pm. At 9.17 a.m. M., The FBM KLCI was down 2.71 points or 0.18% at 1,498.78. The turnover was 804.66 million shares valued …
Read More »RM3bil for the acquisition of vaccines
[ad_1] At least RM3bil will be set aside next year for Covid-19 vaccines to ensure that at least 70% of the population can be immunized against SARS-CoV-2, the virus behind Covid-19, says Khairy Jamaluddin. “I have spoken with the Ministry of Finance and informed that we will need to at …
Read More »How billionaire Jack Ma fell to earth and took Ant’s mega IPO
[ad_1] SINGAPORE / HONG KONG / BEIJING (Nov 5): They say talking is cheap. Tell that to Jack Ma. China’s brightest corporate star was just days away from seeing its Ant Group listing on the stock market in a record $ 37 billion deal when it decided to launch a …
Read More »Jack Ma’s Ant IPO Derailment Shows Chinese President Xi In Charge
[ad_1] (Nov 5): China’s move to abruptly halt the world’s largest stock market debut sends a clear message to global investors: Any financial opening will only be done on terms that benefit President Xi Jinping and the Communist Party. Lawmakers in Beijing shocked the investment world on Tuesday by suspending …
Read More »How billionaire Jack Ma fell to earth and took Ant’s mega IPO | Money
[ad_1] It was this speech that set off a chain of events that ultimately torpedoed the listing of Ant, the fintech titan that Jack Ma founded, according to interviews with government officials, company executives and investors. – Photo by Reuters BEIJING, November 5 – They say talking is cheap. Tell …
Read More »