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April 13, 2021
[April 13, 2021] Grab, the Leading Superapp for Deliveries, Mobility and Financial Services in Southeast Asia1, Plans to Go Public in Partnership with Altimeter Grab Holdings Inc. ("Grab"), Southeast Asias leading superapp 1, today announced it intends to go public in the U.S. in partnership with Altimeter Growth Corp. (Nasdaq: "AGC") in what is expected to be the largest-ever U.S. equity offering by a Southeast Asian company. The combined company expects its securities will be traded on NASDAQ...
April 10, 2021
It is the retail investors that are the biggest net buyers of the market over the past 3¼ years ONE of the biggest phenomena we have observed not only in Malaysia but perhaps the world over is the level of participation by retail investors in the market during the Covid-19 pandemic and very well into the current recovery phase. Statistics from Bursa Malaysia shows that retail participation in the market has increased by leaps and bounds and the earlier fear that this was only temporary seems h...
April 7, 2021
Indonesian e-commerce enabler SIRCLO acquires parenting app Orami Jakarta, Indonesia. Photo by Afif Kusuma on Unsplash Indonesian e-commerce enabler SIRCLO has acquired local parenting platform Orami, the companies announced in a statement Wednesday. The financial terms of the deal, including the transaction value, were not disclosed. The deal is likely to provide an exit to Orami investors, which include Sinar Mas Digital Ventures (SMDV), Gobi Partners, Facebook co-founder Eduardo Saverin, Ard...
April 6, 2021
Riau: Palm oil price slides by Rp120.23/kg 1st April 2021 4 hours ago The price of fresh fruit bunches obtained from oil palm trees aged 10 - 20 years in Riau province fell to Rp2,240.92/kg in the week ended April 13, 2021. (Foto;HO-Antara) The CPO price dropped 1.9 percent compared to the week earlier. Pekanbaru, Riau (ANTARA) - The price of fresh fruit bunches obtained from oil palm trees aged 10 - 20 years in Riau province fell by Rp120.20/kg to Rp2,240.92/kg in April 7-13, 2021 fr...
April 5, 2021
05 Apr 2021 / 17:25 H. SHAH ALAM: The #RasuahBusters campaign is a wave of movement by the people for the people to eradicate the culture of giving and taking bribes and any form of abuse of power. Karangkraf Media Group chairman, Datuk Dr Hussamuddin Yaacub said #RasuahBusters, founded in January, would be more of an awareness campaign to combat the immoral activity at an early stage. Hussamuddin, who is also the #RasuahBusters team chief, said the movement under the Sinar for Malaysia Campai...
April 5, 2021
Helping Papuans protect Indonesia’s last frontier: Q&A with Bustar Maitar Bustar Maitar’s storied career in environmental activism began in the Indonesian region of Papua, the land of his birth and today the coveted target of extractives and industrial agriculture companies. In his time at Greenpeace International, Maitar led a forest conservation campaign that pressured major corporations like Nestlé and Unilever to commit to zero deforestation in their supply chains. Maitar’s new ventu...
April 1, 2021
APRIL 1 ― Bank Negara’s assessment for the Malaysian economy in the coming year shows the difficulties of forecasting during a period of significant disruption in economic activity. On one hand, they are correct in highlighting that the balance of risks is on the downside but on the other they...
April 1, 2021
Thursday, 01 Apr 2021 09:14 PM MYT The Employees Provident Fund (EPF) logo is seen at its headquarters on Jalan Raja Laut January 22, 2020. The withdrawals under the EPF’s i-Sinar scheme is seen to have a positive immediate impact on the real economy as it supported domestic consumptions. — Picture by Hari Anggara Subscribe to our Telegram channel for the latest updates on news you need to know. KUALA LUMPUR April 1 — The withdrawals under the Employees’ Provident Fund’s (EPF) i-Sinar...
April 1, 2021
The deadly devastation of global warming We’re sorry, this service is currently unavailable. Please try again later. Dismiss April 2, 2021 — 12.02am Normal text size Credit:Illustration: Cathy Wilcox To submit a letter to The Age, email letters@theage.com.au. Please include your home address and telephone number. THE ENVIRONMENT The deadly devastation of global warming The Great Barrier Reef is the world’s global warning canary in the coal mine, and it is dying (The Age, 1/4). Action ne...
March 16, 2021
RAJA FAISAL HISHAN/The Star KUALA LUMPUR: Withdrawals from the Employees Provident Fund (EPF) through facilities such as i-Sinar would have a modest negative impact on assets under management (AUM), but would not pose a dislocation event for the domestic capital market. Maybank Kim Eng head of regional equity research Anand Pathmakanthan said the withdrawals were more impactful in the last two quarters but the retirement fund would be able to cushion that, especially with substantial money mark...