GENERAL

UOBAM (Malaysia) launches ESG fund for retail investors to tap growth opportunities in Europe, Australasia and Far East

 |  Wednesday, 09 March 2022 08:08  |  Published in GENERAL

Kuala Lumpur, Malaysia, 9 March 2022 – UOB Asset Management (Malaysia) (UOBAM  (Malaysia)) today launched the United ESG Series-EAFE Plus Fund (UEAFEPF). The Fund  provides retail investors with access to companies that are contributing to and benefiting from the long-term growth opportunities in the Europe, Australasia and Far East, including the  emerging markets (collectively known as the EAFE Plus Regions). These companies also  have environmental, social and governance (ESG) considerations integrated into their  business models and practices. 

The Fund invests primarily in equities and equity-related securities issued by companies in  the EAFE Plus Regions that are riding on long-term growth trends such as the healthcare  and information technology revolutions, as well as the transition to renewable energy  sources. 

ZTE helps Telekom Malaysia Berhad build next-generation transport network

 |  Wednesday, 09 March 2022 08:07  |  Published in GENERAL

KUALA LUMPUR, 9 March 2022- ZTE Corporation, a major international provider of telecommunications, enterprise and consumer technology solutions for the mobile internet, together with Telekom Malaysia Berhad (TM), has completed the service provisioning of TM’s IP CORE network of the NGN (Next-Generation Network), marking an important milestone of the project.

TM NGN is the first backbone transport network to deliver high speed mobile services in Malaysia, including home broadband, voice, enterprise private line, network leasing, CDN and wireless (4G/5G) backhaul. 

Malaysia's Economy Continues to Soar to Greater Heights

 |  Wednesday, 09 March 2022 08:06  |  Published in GENERAL

KUALA LUMPUR, March 9 (Bernama) -- Malaysia gained new economic growth with RM306.5 billion worth of approved investments in the manufacturing, services and primary sectors in 2021. The country remained an attractive investment destination for global and regional business expansion as total Foreign Direct Investment (FDI) and Domestic Direct Investment (DDI) numbers exceeded expectations with stellar performance in 2021, increasing to 83.1 per cent from the achievement attained 2020.
 
"Our robust business ecosystem has enabled us to secure strategic investments and forge new trade relationships placing us on a positive trajectory to propel our economy to greater heights as well as expedite efforts towards inclusive socio-economic growth.” said YB. Dato' Seri Mohamed Azmin Ali, Senior Minister and Minister of International Trade and Industry (MITI) at the MIDA's Annual Media Conference (AMC) 2022.


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