Sunday, April 14

Business

Let’s Build A Fearless Culture
Business, Leadership

Let’s Build A Fearless Culture

A Fearless Culture is the result of a cumulative focus of leaders across the organisation, led and modelled by those at the top. Drawing on questioning methods and a coaching approach, leaders who ask, build Fearless Cultures.   Ask more questions and tell less "Insight" involved when you ask questions which lead people to a new understanding. Insight is that light bulb moment when the brain re-assembles unrelated ideas together and connects them in new ways. Insights are valuable; they engage the reward system of the brain and trigger a dopamine release: a neurotransmitter known as a 'happy chemical'. The simple act of seeking and finding our own answers is rewarding to the brain. Insight also activates the hippocampus: the brain area that is accountable for long-term memori...
Business, Women’s Corner

5 Top Malaysian Female Entrepreneurs

1. Datin Vivy Sofinas Yusof As the co-founder of the multimillion-dollar online store Fashion Valet and The dUCk Group. Vivy Yusof a mother, model, and a mogul, she is an icon in her own right. The platform currently consists of more than 300 Southeast Asian brands. Vivy also among the growing Malaysian women who try to transform the hijab's contentious image. She is not only known as the woman behind Fashion Valet, and she is famous for blogs and Instagram. With her witty jokes and charming personality and also her perfect and beautiful fashion sense, one will never be bored while going through her blogs.   2. Mac Chung Lynn Mac Chung Lynn is one of the most well-known female entrepreneurs in Malaysia, as Managing Director and CEO of Nando's Malaysia and Singapore, o...
Strategies To Improve Your Business Knowledge
Business

Strategies To Improve Your Business Knowledge

Always thought of being a business expert or running own business? It is essential to first know the basics. Opening a business requires a great deal of courage and commitment and a business owner who knows what it is like to become an entrepreneur. Do not despair if you have no business knowledge. The main elements of a successful company are learned in many different ways. Here are five strategies to enhance your business knowledge.   Find a mentor and immediately improve your business knowledge One way to start your business is through the search for an expert mentor who can show you the best ways to get started. Look for your community's influential business owners and seek as much information as possible. Their business knowledge can help you a lot. A good mentor wi...
10 Things Budding Female Entrepreneurs Need To Know From Successful Businesswomen
Business, Finance, Leadership

10 Things Budding Female Entrepreneurs Need To Know From Successful Businesswomen

Entrepreneurship is now one of the leading forms of self-employment among today’s youth. There are numerous guides on the A-Zs of starting your own business to maintaining profits to hiring employees, and so on in the form of books, magazine and newspaper articles, blogs, websites, etc. In recent years, there has been a surge of self-employed female entrepreneurs who are working hard to leave their mark in the business world. While the likelihood of these female entrepreneurs referring to such guides is highly probable, in this article, we shall explore some of the essential tips from well-known successful female figures who hold high positions in the world of entrepreneurship, media, and philanthropy, on what budding female entrepreneurs need to know. Network with the right people ...
Bond 101
Business, Finance

Bond 101

“Bond” is a word that is mostly confined in to those “in the know” of business, finance, and economy circles. Those who are not fluent in the business language may have heard or seen the word “bond” a couple of times when skimming through the news or within earshot at banks or casual business discussions and meetings in public places, such as in trendy cafes. But what exactly are bonds? Why does this word carry so much importance in the world of business and finance? In today’s article, we shall look in-depth (but in simple terms) into the basics of and everything you need to know about bonds. What is a Bond? In simple words, a bond is a document or a contract that has been drafted and officially signed by two parties. A bond is often used by companies, financial institutions, and go...
“Bullish” to “Neutral”: Malaysian Government Bonds Downgraded
Business, Finance

“Bullish” to “Neutral”: Malaysian Government Bonds Downgraded

A recent evaluation by DBS Group has downgraded Malaysian government bonds to “neutral” from “bullish”. This evaluation comes after “recent events” in which DBS Group reported that the Malaysian Government Securities (MGS) valuations have risen, in addition to the risks pertaining to performance. The downgrade comes after the proposed cut of Malaysian bonds after June of this year by Norway’s sovereign wealth fund, “together with nine other emerging market peers, from its benchmark index”. The fund held US$2 billion of Malaysian government bonds, as of the end of 2018. Additionally, a report by FTSE Russell on 15 April 2019 foresees Malaysia’s current ranking of “2” to be potentially downgraded to a “1”, “which would render Malaysia ineligible for inclusion in the WGBI (World Governm...
5 Qualities That Define Great Leadership
Business, Leadership

5 Qualities That Define Great Leadership

Company leaders are facing a crisis. Nearly one-third of employees don’t trust management. In addition to this, employers now have to cater to the needs of the millennial generation. On average, after graduating from college, a millennial will change jobs four times before they are 32. Most of them also don’t feel empowered on their current jobs.   Sincere enthusiasm True enthusiasm for a business, its products, and its mission cannot be faked. Employees can recognize insincere cheerleading from a mile away. However, when leaders are sincerely enthusiastic and passionate, that’s contagious. For instance, someone who worked with Elon Musk on the early stages of his SpaceX project said that the true driver behind the success of the project was Musk’s enthusiasm for space ...
Putrajaya removes Bank Rakyat chairman with immediate effect over 1MDB
Business, Finance, News

Putrajaya removes Bank Rakyat chairman with immediate effect over 1MDB

Tan Sri Shukry Salleh has been sacked as Bank Rakyat chairman over his alleged role in altering the federal audit report on 1MDB, said Entrepreneur Development Minister Mohd Redzuan Md Yusof. The minister said the immediate termination order was made using powers vested in him by the Bank Kerjasama Rakyat Malaysia Berhad (Special Provisions) Act. "Following this, decisions made during his service in Bank Rakyat which has an implication on Bank Rakyat, will be reviewed and cancelled if it affects the interest of the bank," he said in a statement. The statement said the minister would announce his replacement once it has been finalised. Shukry was the principal private secretary to the former prime minister Datuk Seri Najib Tun Razak prior to the appointment to Bank Rakyat on Jan 3...