What Happens To Your Computer At The End Of Its Life?
The delight of switching on a new digital device for the first time comes with responsibility: deciding what happens to the old one. Both individual users and businesses large and small increasingly want to ensure that older equipment is responsibly managed at the end of its electronic life.
First, the bad news: according to the Global E-waste Monitor 2020, it is estimated that Malaysians generated 364 kilotons (kt) of e-Waste in 2019 or an average of 11.1kg per capita…
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Malaysia’s Records Highest Trade Surplus Of RM26.69 Billion In March 2023: MITI
Malaysia’s trade surplus in March 2023 widened to RM26.69 billion as compared to the corresponding month the previous year. This was the 35th consecutive month of trade surplus since May 2020 and the highest trade surplus ever recorded for the month of March.
The Ministry of Investment, Trade And Industry (MITI) said while the trade surplus expanded, trade for the month declined by 1.6% to RM232.72 billion.
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Auto & Autoparts Sector Sees Another Record-Breaking Month
The Malaysian automotive total industry volume (TIV) for March represented a new monthly record high of 78,849 units, as it marked the last month to deliver orders exempted from the sales and service tax (SST).
RHB Research cited that the sector remains overweight while the future of the TIV may slightly soften against an SST boosted high base and new model launches should support new orders and deliveries.
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Higher Loan Approval May Signal Better Sales Outlook For Property Sector: MIDF
Bank Negara recently revealed that loan applications for property purchases had rebounded by 26.6% month-on-month in February. The second month of the year incidentally also saw loan applications at the highest level in six months, which could be due to recovery in buying interest following a pause in the central bank’s overnight policy rate hike in January, as loan applications soared 40% year-on-year with buying interest recovering from the subdued demand in the past few months.
Total approved loans also grew by 26.6% month-on-month, in line with the rate of increase in the number of applications, reversing the declining trend of the five previous months…
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Second 5G Network A Bonus For The Sector: Kenanga
Reuters yesterday reported that Malaysia may introduce a second 5G network in 2024. The second network roll-out is contingent on the nation’s 5G coverage reaching 80% of the entire population by end-2023.
Research house Kenanga says it is not totally surprised by the news given the new government’s policy shake-ups in recent months. The unity government led by Pakatan Harapan (PH) is committed to dismantling monopolies and promoting competition…
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3 Out Of 5 SMEs Believe Adopting ESG Practices Creates Long-Term Value
Alliance Bank’s inaugural annual ESG survey report, “ESG Insights from Malaysian SMEs: Building A Better Future Together” has revealed that three out of five Malaysian small and medium enterprises (SMEs) believe embedding Environmental, Social and Governance (ESG) practices in their business will create long-term value, build a strong workforce and increase business opportunities.
The study was jointly commissioned with UN Global Compact Network Malaysia and Brunei (UNGCMYB) and SME Corporation Malaysia (SME Corp. Malaysia) to provide insights on the awareness, adoption and challenges of SMEs striving to integrate ESG factors into business practices in Malaysia. The study was developed using three approaches – in-depth interviews, a large-scale survey among 610 SMEs, and secondary research…
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Commentary: Are Electric Vehicles Truly Sustainable?
Electric vehicles (EV) are such a thing to behold. Just the fact that they lack an exhaust and run about without petrol is a nod towards the future of transport.
And we have the BYD electric cars recently launched in Malaysia, their formidable presence on the roadside making people eager to hop on the EV bandwagon…
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Over 34,000 Eligible Application Received For FSA2 EPF Amounting To RM722 Million
The Employees Provident Fund (EPF) today announced that 34,643 applications, or nearly half of the 74,392 received under MBSB Bank’s Ihsan-i Account 2 Support Facility (FSA2) as of yesterday (April 14), are eligible applications for a total sum of RM722 million.
Chief executive officer Datuk Seri Amir Hamzah Azizan said the agency is expecting the number of applications for FSA2 to continue to rise, especially with Bank Simpanan Nasional’s (BSN) launch of BSN MyRinggit Insan-i today…
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