The Islamic banking industry needs to improve profitability and attract more investment as it ventures into new markets, said Sultan Nazrin Muizzuddin Shah Ibni Almarhum Sultan Azlan Muhibbuddin Shah Al-Maghfur-Lah, The Sultan of Perak Darul Ridzuan at the opening ceremony of 14th Kuala Lumpur Islamic Finance Forum 2017 (KLIFF 2017) this morning. 

In addition, the Sultan said, the industry today needs to maintain high standards of loan quality and corporate governance. Also, he added that the Islamic capital markets need to grow at a faster pace so that there is not an undue reliance on Islamic Banking alone. 

Tan Sri Dr Jeffrey Cheah AO, Sunway Group founder and chairman, and Jeffrey Cheah Foundation founding trustee, addressed the Leadership Council of the United Nations Sustainable Development Solutions Network meeting in New York, USA, to share his viewpoints on the importance of sustainable development, Sunway Group's initiatives, and to underscore that all sectors of society, the private sector, academia, civil society and every single individual have an obligation to come together towards the achievement of the 2030 Agenda. 

The Leadership Council comprises eminent experts on sustainable development from academia, business, civil society, and the public sector from across the globe and oversees the work of the Sustainable Development Solutions Network, including advancing the 17 sustainable development goals on a global scale. 

Schneider Electric, the leader in digital transformation of energy management and automation, today introduced EcoStruxure™ Security Expert, a new integrated security management solution that provides high performance access control and intrusion detection functionality to ensure the most secure building environment possible. 

EcoStruxure Security Expert is the latest addition to Schneider Electric’s EcoStruxure, its IoT-enabled, plug-and-play, open architecture, which delivers end-to-end solutions in six domains of expertise – Power, IT, Building, Machine, Plant and Grid – for four end markets, Building, Data Center, Industry and Infrastructure. EcoStruxure is driving digital transformation for Schneider Electric clients globally enabling them to be competitive in today’s digital economy.

CIMB-Principal Asset Management Bhd recently honoured its top Corporate Private Retirement Scheme (PRS) partners, including Celcom Axiata Berhad, S.L.NG & Associates, IJM Corporation Berhad and Cuckoo International (MAL) Sdn Bhd, for their efforts in providing the best investment retirement solutions for their employees, in conjunction with the company’s third annual corporate PRS conference. 

This was the first year of the PRS conference in which CIMB-Principal started recognising corporate employers who had gone the extra mile to provide their employees with the opportunity to save for their pension by investing in CIMB-Principal’s PRS funds approved by the Securities Commission Malaysia.