Pelaburan Hartanah Berhad (PHB) has increased the fund size of Amanah Hartanah Bumiputera (AHB) by 500 million units to increase Bumiputera ownership of prime commercial properties, strategically located in central cities throughout Malaysia. 

The additional units were launched in a ceremony graced by Datuk Seri Mohd Najib bin Tun Abdul Razak, Prime Minister of Malaysia who is also the Chairman of Yayasan Amanah Hartanah Bumiputera (YAHB), the parent company of PHB.

Pacific Mutual Fund Bhd, an investment management company under the OCBC Group, with internal resources to manage both local and global investments for its clients, notes that global economy is still growing steadily and remain in a low inflationary condition but foreseeing some profit taking in the equity markets as they have had excellent gains this year.         

Commenting on the outlook for the last quarter of 2017, Chief Executive Officer and Executive Director of Pacific Mutual, Teh Chi-cheun, said, “The US stock market is at all-time highs and equity markets globally has been very buoyant, even with on-going geopolitical risks. This bull market does need to have a short breather and the trigger could be earnings of US corporations which could miss expectations in the third quarter of 2017 due to the recent hurricanes and higher base effect compared to 3Q2016.”

OCBC Bank (Malaysia) Berhad’s corporate customers got a taste of the Bank’s strong Asian heritage alongside its adoption of modern Western influences when they were treated to a celebration of old world glamour at the Grand Ballroom of Le Meridien Hotel Kuala Lumpur recently. 

The OCBC Bank East Meets West customer appreciation night took guests through the nostalgia of the 1950s, surrounded by a classical reel of eastern and western elements with intricate birdcage chandeliers amidst the fine paraphernalia, vibrant blooms and classic sofa lounges. The crowd came dressed to the nines in their alluring cheongsams, mesmerising dresses and sharp tuxedos, channeling chinoiserie chic to the core. 

Microsoft has announced the expansion of Microsoft 365, including Microsoft 365 F1, which provides purpose-built capabilities that help foster first line culture and community, train and upskill employees, digitise business process, deliver real-time expertise, and minimize risk and cost. 

Michal Golebiewski, chief marketing & operations officer, Microsoft Malaysia said: “The rise of digital technologies, along with a new generation of millennials entering the workforce, has brought about a need to address changing workers’ expectations, knowledge and skills, as well as the tools they use.”