Finance Archives - Page 8 of 11

Bank of 2030: The Future of Bank Transformation

5Jan

By Webmaster IKON MalaysiaNo Comments

Finance, News

Bank of 2030: The Future of Bank Transformation

Bank of 2030: The Future of Bank Transformation According to research by Forrester, by 2030, banks will be: Invisible. Leading banks will use technology and far deeper customer insight to insert financial services at the customer’s moment of need, often at the expense of brand visibility. Distribution models are evolving to make use of marketplaces and technologies such as open APIs and 5G to connect finance with homes, machinery, vehicles, and other devices. This will pose challenges for many banks as their retail brands become increasingly invisible to the end consumer. Connected. To remain relevant, banks must be present in the ecosystems and products that customers use; to do this, they must cease to see partnerships — and intermediation of their brand — as a threat. Ban...

The Pressing Need for An Inclusive Post-Pandemic Recovery

24Nov

By Webmaster IKON MalaysiaNo Comments

Business, Finance, Innovation/ Technology, News

The Pressing Need for An Inclusive Post-Pandemic Recovery

The Pressing Need for An Inclusive Post-Pandemic Recovery Prime Minister Tan Sri Muhyiddin Yassin has called leaders in the Asia-Pacific region to work towards an inclusive post-pandemic economic recovery. In his speech at the virtual APEC CEO Dialogues Malaysia 2020, Muhyiddin said that countries must reaffirm their commitment a rules-based multilateral trading system as nations would need to trade and invest their way out of the current economic downturn, according to The Malaysian Reserve. “This is essential for our businesses, as market stability and predictability are the central pillars which ensure that trade and investment continue to flow, even during times of crisis,” “It is in this spirit that we hope to implement the APEC Post-2020 Vision. This Vision, which is set to...

Biggest Budget Might Not Be Biggest Win For SMEs

20Nov

By Webmaster IKON MalaysiaNo Comments

Business, Finance

Biggest Budget Might Not Be Biggest Win For SMEs

BIGGEST BUDGET MIGHT NOT BE BIGGEST WIN FOR SMEs Government need to simplify and speed up incentive programmes approval process The Finance Minister tabled the biggest budget ever in Malaysia history on 6 Nov totaling RM 322.5bil. BIZSPHERE Brand and Marketing Group (BIZSPHERE) – a SME branding and business consulting company applaud the government’s commitment in protecting the livelihood of the people and economy. Overall, there is a lot of allocation for SME financing, upskilling and reskilling as well as some for digitalization. BIZSPHERE saw the budget as a survival budget to mitigate the present challenges and to balance the importance of life and livelihood. It lacks focus on revitalizing the economy which allows business to be sustainable in the long term. SMEs f...

13Nov

By Webmaster IKON MalaysiaNo Comments

Finance

Budget 2021 Announced

Budget 2021 Announced The Malaysia Finance Minister recently announced budget 2021, and it is the largest allocation by the government yet. Though the budget brings lots of goodies to help industries affected by the pandemic to stand on their feet, yet some industries felt the pinch of the budget as it does not cater to their favour.

The Dos and Don’ts of Finances During A Pandemic

31Mar

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Business, Finance

The Dos and Don’ts of Finances During A Pandemic

During trying times like the pandemic now, managing finances is a big worry for many people. People would usually panic and go into survival mode, and usually it never ends well for them financially. They would lose sense of their priorities, and then not know what to do when they no longer have the required amount to survive in a lockdown. Here are some dos and don'ts of financial management during a pandemic lockdown. Do cut down on spending As of today, the world has been officially announced to be in a global recession due to the COVID-19 pandemic. Medical officers and authority figures are always on the run 24/7, and the average joes are expected to stay home most of the time. The numbers are still rising, infection rate and mortality rate included. With all these worries, being ...

10 Things Budding Female Entrepreneurs Need To Know From Successful Businesswomen

8May

By Webmaster IKON MalaysiaNo Comments

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 ...

7May

By Webmaster IKON MalaysiaNo Comments

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

7May

By Webmaster IKON MalaysiaNo Comments

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...