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Summary of business news May 3 to 9


Economy
Economists said it is still premature to cut interest rates at this juncture as the current OPR of 1.75%, which is already at a record low, is adequate to support the ongoing economic recovery.
Also due to the return of inflation as seen in February and March this year, a reduction in OPR may not be favourable in dealing with price pressures in the coming months.
According to a Bloomberg survey among economists, the median forecast for the OPR is expected at 1.75%.
Bank Simpanan Nasional (BSN) will implement the Bantuan Prihatin Rakyat (BPR) 2021 phase 2 payments in stages starting May 7 until May 12 for account crediting and May 17 for cash payment at BSN branches. ....

Zeti Akhtar Aziz , Rizal Rickman Ramli , Sime Darby Property , Tan Sri Dr Zeti Akhtar Aziz , Darby Property , Datuk Azmir Merican , டார்பி ப்ராபர்டீ ,

Rizal Rickman succeeds Zeti as Sime Darby Property chairman


KUALA LUMPUR: Rizal Rickman Ramli has been appointed as chairman of Sime Darby Property Bhd
with effect from Friday, succeeding Tan Sri Dr Zeti Akhtar Aziz who has retired after assuming the position in July 2018.
In a statement issued after its 48th AGM which was held virtually on Thursday, Sime Darby Property said Rizal Rickman joined the board as non-independent non-executive director on April 5,2018.
He is currently the chief investment officer, private & strategic investments at Permodalan Nasional Bhd (PNB).
Sime Darby Property also said Zeti, who was was the group’s first woman chairman of the board, had expressed her intention not to seek re-election. ....

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Sime Darby Property's virtual run and ride raises over RM50k for the poor


AS part of its sustainability commitment and objective to contribute to a better society, Sime Darby Property will channel the funds raised from its 21K Strong Virtual Run to benefit the underprivileged communities at Taman Bukit Subang in Shah Alam.
Sime Darby Property’s 21K Strong Virtual Run and Ride Movement which ran from Jan 21 to March 21 saw more than 10,000 participants running and cycling over one million km – raising RM53,185.
In accordance with the Penjana GLC Community initiative unveiled by Prime Minister Tan Sri Muhyiddin Yassin last June which encouraged government-linked companies to adopt a community and help them thrive, Sime Darby Property rolled out its Economic Enhancement Programme to develop socio-economic capabilities in select communities. ....

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Sime Darby Property offers CNY deals and RM8,888 prosperity package


PETALING JAYA (Feb 1): Sime Darby Property is offering an RM8,888 prosperity package on top of other deals in its Our Prosperous (Home, Harmony, Happiness) campaign. The campaign, which runs from Jan 30 to Feb 28, will offer purchasers selected properties of up to 18 months of “Your Instalment on Us deals. Potential homebuyers will concurrently enjoy maximum savings from the government’s Home Ownership Campaign (HOC) that is ongoing until May 31. 
Sime Darby Property group managing director Datuk Azmir Merican said in a press release that the group is excited to kick off the year by offering valued customers and potential homebuyers an investment opportunity and a chance to own a home. ....

Malaysia General , Bandar Bukit Raja , Subang Jaya , Home Ownership Campaign , Sime Darby Property , Darby Property , Datuk Azmir Merican , Greater Klang Valley , Serenia City , Chinese New Year , மலேசியா ஜநரல் , சுபங் ஜெயா , வீடு ஓநர்‌ஶிப் பிரச்சாரம் , டார்பி ப்ராபர்டீ , அதிகமானது கிளாங் பள்ளத்தாக்கு , சீன புதியது ஆண்டு ,