Kuala Lumpur (21 June 2022): As Malaysia moves towards the endemic phase of COVID-19, banking continues to play a critical role in the recovery of the national economic sector. According to Bank Negara Malaysia’s Financial Sector Blueprint 2022–2026, a competent and highly skilled financial workforce is critical to maintaining the stability of the financial system, therefore building and nurturing the right talent is essential for the sector’s continued success.
The Asian Institute of Chartered Bankers (AICB), the sole professional body for Malaysia’s banking industry, recently held its 5th Chartered Banker Conferment to honour and recognise 177 newly conferred Chartered Bankers who have successfully completed the internationally recognised professional banking qualification.
KUALA LUMPUR, June 21 (Bernama) -- PETRONAS Chemicals Group Berhad (PCG) recently signed an agreement with its joint venture (JV) company, BASF PETRONAS Chemicals Sdn Bhd (BPC), to acquire the 113 kilo-tonnes per annum (ktpa) Maleic Anhydride (MAn) plant located in Gebeng, Kuantan.
The MAn plant was previously shut down by BPC following a product portfolio realignment exercise that led to the permanent closure of its Butanediol (BDO) and derivatives plant. With the acquisition, PCG will repurpose the plant by rejuvenating and upgrading the facility to produce higher quality MAn that is better suited to the food and pharmaceutical industries. PCG is currently performing a detailed assessment, which is expected to be completed in the first quarter of 2023 and subject to final approval, the plant is targeted to be ready by the first half of 2025.
KUALA LUMPUR, 21 June 2022 -- StashAway, Malaysia’s leading wealth management platform, has launched Flexible Portfolios. It is the first product in Malaysia that offers investors the choice to customise their portfolios with ease.
Flexible Portfolios allows investors to pick the asset classes they want, decide their exact allocations, and change them any time. This new offering adds to StashAway’s drive for innovation in the industry to provide an intelligent, convenient, and less expensive alternative to traditional wealth management providers. Flexible Portfolios come highly requested from StashAway clients who want to influence their investments based on their own market views and holdings outside StashAway.