MUMBAI: A debate is raging among the global investment community as investors look past the Covid-19 pandemic and cheer the possibilities of a rapidly rebounding global economy: what will throw the spanner in the wheels of the equity Bull Run?
For many, the answer is runaway inflation, not only in India but in many of the advanced economies, particularly, the US.
The three major central banks the US Federal Reserve, the European Central Bank and the Bank of Japan pumped in close to $9 trillion in liquidity in 2020 to protect their economies from the damaging effects of Covid-19. They have also cut interest rates as low as they could, and promised to hold them there till the time it is necessary.
TO remain relevant, a company or organisation needs to increase productivity to achieve economic sustainability.
When it comes to productivity, obviously the most important thing to focus on is technology.
Every professional industry in this country, which consists mostly of small and medium enterprises (SMEs), needs to undergo transformation by lifting or applying technology in their respective organisation in this era of digital transformation.
In this regard, technology adoption initiative under the Malaysia Productivity Corporation (MPC) through the Professional Services Productivity Nexus (PSPN) was created to help the professional services industry to continue to thrive and be competitive.
According to Plytec Holding Sdn Bhd chief operating officer Ts. Louis Tay, digital transformation needs to be achieved with the right strategy.
MOST road users pay no mind to what is actually being transported by the lorry or van alongside them.
This is hardly surprising as not many people realise that daily, a substantial load of dangerous goods cargo (DG cargo) are ferried to and from industrial sites and factories as part of their daily business.
In a road transport incident where there is loss of product containment, the consequence can be devastating with potential loss of lives and damage to the environment.
Dato’ Dr Mohamed Noor Sany, Chief Executive Officer of E-Response Alert – a risk management consultancy company that specializes in the risk exposure linked to DG cargo and chemical transport – says: “In a road transport incident where there is loss of product containment, the consequence can be devastating with potential loss of lives and damage to the environment.
CBE announces it has reset next inflation target to be at 7 percent during the fourth quarter of 2022 down from 9 percent to support macroeconomic stability