LOWER-than-expected bed occupancy rates (BORs) affected the recovery of KPJ Healthcare Bhd in what it deems as a “washout year” for the healthcare industry despite operating in the most resilient of industries known to withstand tough economic conditions.
The country’s largest listed private healthcare group by capacity closed its financial year ended Dec 31, 2020 (FY2020) with a net profit of RM110.44 million, nearly half the RM211.37 million reported in FY2019, as revenue fell 12% year on year (y-o-y) to RM2.4 billion from RM2.74 billion.
This was mainly due to the unprecedented impact of the Covid-19 pandemic and consequent movement restrictions on inpatient demand as BORs slumped to a record low at the peak of the first Movement Control Order last year.
Hilton elevates Jessica Tan to oversee 3 countries as digital marketing director Details 22 February 2021
Hilton has promoted Jessica Tan to the role of director of digital marketing overseeing Malaysia, Philippines and Vietnam. In her new role, Tan (pictured) will ensure business and commercial needs are met via social media, content and digital marketing initiatives. She continues to report to Eugene Oelofse, marketing communications director for Malaysia, Philippines and Vietnam.
Tan told
A+M that her short-term vision is to evolve Hilton s marketing communication strategies to be constantly digitally-forward, as well as grow her department into a core component of Hilton s business identity and a digital business partner of the organisation. She will also work hand-in-hand with the business development and sales team to heighten brand affiliation and loyalty.
The MCO No. 2 Regulations
The MCO No. 2 Regulations replace the Prevention and Control of
Infectious Diseases (Measures within Infected Local Areas)
(Movement Control) Regulations 2021 (as amended) (
MCO
Regulations ). The MCO No. 2 Regulations are, in
essence, identical to the MCO Regulations except in the following
respects -
Places under a movement control order
The MCO No. 2 Regulations apply to all states and territories in
Malaysia (other than the state of Sarawak) and to the Division of
Sibu in Sarawak. The movement control order imposed on the
aforesaid states and territories has effect from 22 January 2021 to
4 February 2021 whereas the movement control order imposed on the
February 1, 2021
For the third consecutive year, following the publication of Gibson Dunn’s ninth annual U.S. Cybersecurity and Data Privacy Outlook and Review on Data Privacy Day, we offer this separate International Outlook and Review.
Like many recent years, 2020 saw significant developments in the evolution of the data protection and cybersecurity landscape in the European Union (“
EU”):
CJEU” or “
Court”) struck down as legally invalid the EU-U.S. Privacy Shield, on which some companies relied to transfer personal data from the EU to the U.S. While companies are turning to other frameworks to transfer personal data, such as Standard Contract Clauses (“