World

PNB Truth Time | The star

[ad_1] When Tan Sri Zeti Akhtar Aziz stepped in as president of Permodalan Nasional Bhd (PNB) in 2018, he recognized that the fund must quickly diversify into foreign investment as it faces declining revenue. The local stock market as measured by the performance of the benchmark FBM KLCI has shrunk …

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US accuses China, Russia of coordinating on virus conspiracies

[ad_1] WASHINGTON: The United States on Friday accused China and Russia of stepping up cooperation to spread false narratives over the coronavirus pandemic, saying Beijing was increasingly adopting techniques honored by Moscow. “Even before the Covid-19 crisis we assessed at a certain level of coordination between Russia and the PRC …

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EPF approves RM1.66 bil withdrawal by 3.5 million taxpayers

[ad_1] The EPF i-Lestari initiative was launched last month to help taxpayers meet their basic monthly financial needs during the Covid-19 pandemic. KOTA KINABALU: The Employees Provident Fund (EPF) approved withdrawals totaling RM1.66 billion for 3.5 million taxpayers under the i-Lestari initiative launched last month, said Deputy Finance Minister I …

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Fund managers to keep on investing

[ad_1] HOW the investment landscape has changed since February. As Malaysia enters Day 53 of the movement control order (MCO), uncertainty and fear still permeates the economy. Over the past few weeks, the market has started hearing of businesses, particularly hotels, ceasing operations. Most analysts have downgraded corporate earnings this …

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COMMENT Where are we now?

[ad_1] COMMENTARY There is a pandemic worldwide with over four million cases worldwide and around 276,000 deaths. Almost all of the world’s major economies are in varying degrees of blockade. All economies are expected to contract. The United States reports 33 million unemployed. There is no vaccine or cure in …

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The UN should help solve the Rohingya refugee problem at its core

[ad_1] KUALA LUMPUR: The United Nations (UN) and the United Nations High Commissioner for Refugees (UNHCR) should help solve the Rohingya refugee problem at its core. The president of the MCA’s international communications and diplomacy office, Tee Ching Seng, said that therefore, every human rights organization should not resort to …

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