Digital banks KENANGA RESEARCH (SEPT 21): With Bank Negara Malaysia due to award up to five digital banking licences in 1Q22, we recently hosted a knowledge-sharing session on the nature of digital banks (DBs) and what it means to the industry going forward. The session was helmed by Kenanga Investment Bank Bhd director of digital strategy Dr Sekar Jaganathan, head of digital strategy and business development Sarah Lim Fern Chieh and resident financial technology (fintech) specialist Ian Lloyd.
Elderly face many problems but there is now little help ADIB RAWI YAHYA/ THESUN
PETALING JAYA:
There is nothing that glitters for people in their golden years. They become more vulnerable, yet receive less attention. They lose their incomes and their health deteriorates, but they get very little support to meet daily challenges.
It is therefore imperative that a more concerted effort is made to make life easier for senior citizens, according to the founding president of Third Age Media Association, Cheah Tuck Wing.
The projections are not encouraging. In the decade to 2030, the proportion of citizens aged 65 and above is expected to double – from 7% to 14% – changing the demographic from an ageing to an aged population.