Monday, November 1, 2021
MEDIA STATEMENT- PERSONAL FINANCE MEASURES UNDER BUDGET 2022
Direct Financial Assistance – Cash aid under Bantuan Keluarga Malaysia (BKM) must be utilized by an individual and household by being prudent and frugal. The pandemic has sent a clear message that the savings threshold of Malaysians is low. Malaysians must be reminded of the need to allocate a portion of their earnings to their savings fund. Based on World Bank Data, Malaysians saving rate was at 26.12% (% of GDP) in the year 2020. The personal savings rate is the clearest sign of an individual’s financial health and one must be made aware of protecting their financial nest to attain financial well-being starts with better savings behaviour.
Financial well-being is the most important component of well-being. Thus, assistance through JaminKerja for example will reset employment income for the many who have been out of jobs due to the pandemic.
MEDIA STATEMENT- PERSONAL FINANCE MEASURES UNDER BUDGET 2022
MCKL'S CAMBRIDGE A LEVEL GETS THUMBS - UP FROM PARENTS
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From left: The Vengkat Family and the Lye Family in support of MCKL for the Cambridge A Level academic achievement and excellent track record. |
Parents of MCKL Alumni Applauds MCKL for Excellent Track Record and Children’s Success
KUALA LUMPUR, Nov 1 (Bernama) -- Recently Methodist College Kuala Lumpur (MCKL) celebrated 245 Cambridge A Level (CAL) student who achieved various awards for the Cambridge International June 2021 Examination Series, continuing its excellent track record of 100% average passing rate for 8 consecutive years from 2014 to 2021 along with 125 and counting Outstanding Cambridge Learners Award recipients since 2013.
MCKL'S CAMBRIDGE A LEVEL GETS THUMBS - UP FROM PARENTS
JDE PEET’S LAUNCHES MAXWELL HOUSE, MOCCONA COLD BREW PURE INSTANT COFFEES IN CHINA
According to a statement, the on-trend Cold Brew Pure Instant coffee innovations launched in June, have seen very encouraging growth and consumer responses, in the highly competitive Chinese market.
The Maxwell House range offers consumers a Cold Brew Pure Instant coffee in the form of a 1.8g shot, while the Moccona range provides a premium and stronger alternative in the form of a 2.8g Cold Brew Pure Instant coffee shot.
“JDE Peet’s is committed to supporting the growing trend of Chinese coffee consumption and we are working closely with our strategic partner Hillhouse Capital to continue to develop and expand our range of innovative products,” said General Manager, JDE Greater China, Frank Wang.
The rise of the Instant Specialty segment supports the strong growth and premiumisation of the coffee category in China, alongside traditional tea drinking rituals.
Through these types of innovations, JDE Peet’s will continue building its credentials while blurring the lines between the traditional Single Serve and Instant coffee categories and creating exciting new coffee experiences for the next generation of coffee consumers.
To date, the new range has received consistently positive feedback, highlighting a consumer preference for the product’s stronger taste and functional packaging.
This launch demonstrates the company’s accelerating ambitions for the Chinese market where ‘on-the-go’ coffee consumption continues to fuel local coffee segment growth.
JDE Peet’s will continue to learn and build on the success of this range with the goal of offering consumers new and exciting products in the future.
More details at www.JDEPeets.com.
-- BERNAMA
WATCH ENTERTAINMENT, SHOPPING AND MASTER-CLASS LIVESTREAMS IN ONE SUPER APP SHOPSTREAM
Shopstream interactive livestream (Photo: Business Wire)
Lion city headquartered start-up features best of global brands, makers and creators
SINGAPORE, Nov 1 (Bernama-BUSINESS WIRE) --
Shopstream:
This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20211101005408/en/
The Livestream focused marketplace is launching its APP ‘Shopstream360’ in Singapore following a successful launch in Hong Kong. Brands and creators can engage consumers through interactive livestreams that are connected to a “one-click” shopping experience.
On the path to a global roll-out, Singapore marks the second city on the company’s aggressive expansion plan. Shopstream makes it easy for creators to monetise their influence by creating their personalised storefront with featured products from official stores where consumers can shop instantly.
“We had an extra-ordinary launch in Hong Kong where our audience went from nothing to thousands overnight and merchandise sales are increasingly quickly.” Jane Dee, VP of Partnership, Hong Kong.
Shopstream is a livestreaming focused technology company that delivers a unique live shopping experience. Designed for small to established businesses that are serving both local and worldwide consumers, the company has engineered a seamless integration of livestream, user interaction and ecommerce CRM features.
Shopstream believes consumers want to live better and shop better quality goods. “The marketplace brings high quality masterclasses, entertainment and shopping in one destination App.” Joe Cheung, Chief Technical Officer.
Brands can use the platform to set up their Shopstream online stores, manage livestream and engage with audiences. Service providers can also embrace the “Pay to view” functionality to share expert content or entertainment. Shopstream’s Singapore official brand Ambassador Dawn Sim, fitness and wellness expert joins the marketplace.
"For the past 20 years, teaching is my passion and seeing the transformational change in students and friends alike. I am excited by the new opportunities that Shopstream is giving to make my business and content more accessible to local and global audiences. This can really transform the way we teach, share content and grow our business” – Dawn Sim
EXCITING SINGAPORE DEBUT
As part of the launch activity, Shopstream has thematic events throughout the month of November uniquely tailored to the Singapore market and the food segment is naturally a significant component.
The “Love Cooking” segment is the pilot live cooking show that features local celebrity chefs Derek Cheong and Sandra Lim cooking with organic, local ingredients with products from Mingle Seasoning, Just Produce, Urban Origins and as well as other top brands including lifestyle appliance brand TOTT.
11th November or Singles Day is named “Vacation Day” dedicated to a resort living experience filmed live from Sentosa Sofitel’s private Villa Au Jardin featuring premium swimwear brand La PĂȘche Swimwear, Cia Maritima, Singapore’s Yumi Active and exclusive Korean skincare brand SooSul showcased by top influencers Dawn Sim, Sheena Phua, Joanna Lim and Noel Lin.
Brand Ambassador Dawn Sim will be also airing an exclusive pool side Yoga session on the 12th of November.
MEMBERS ONLY APPROACH FOR PARTNERSHIPS
Shopstream is taking a cautious onboarding process for brands and influencers with a focus on sustainability and quality products.
“We are taking a much stronger push towards a lifestyle that is pro-climate and pro-health. Products and ideas that help us eat less meat, reduce plastic use and reduce energy consumption. We are speaking with our wallets by supporting any business that has this focus. We want to help our consumers make better choices by curating brands in one destination marketplace.”- Ivy Long, VP of Partnership Singapore
Singaporeans eager to support local brands can buy home-made Nyonya cookies from Pandan Street Bakery, shop unique crystals from Gemstory, watch live interview with gluten-free ice-cream brand Kind Kones as well as support local art with a live visit to Art Porters gallery plus shop online for exclusive artwork. Shopstream also has a dedicated section for kids and parenting needs debuting with independent book and toy store The Toy Folks and BAKOBA whose Imagimal Series is excellent for young toddlers.
“On Premise” are shows Shopstream sponsors to feature top restaurants and bars with top food critics and industry professionals.
SHOPSTREAMPRO APP - CREATORS AND INFLUENCERS’ COMPANION
Shopstream delivers several enhancements on its creators App ShopstreamPro. Firstly, Shopstream enables curated influencers to set up their personalised storefront in a feature called “Creator’s Flagship” where fans can immediately click and shop recommended products in one click. A unique match-making function named ‘BrandMatch” also enables influencers to add products from any brand on the marketplace to feature on their store, enabling concepts like “Shop the look”. Lastly creators can monetise their brand by leveraging an automated system of sales commission across all cross promoted items.
PRO BONO EFFORTS FOR NGO
One of the key pillars for Shopstream is a mission to use livestreaming to help inspire better business strategies and showcase solutions that bring positive climate change as well as helping NGOs to bring more awareness to their causes. The company has featured NGOS like Help For Children and International Care Ministries and aims to do more and new formats in Singapore.
DOWNLOAD SHOPSTREAM360
Shopstream360 App can be downloaded for free from Apple Store and Google Play store. Shopstream has Tokyo next on its launch end of 2021.
Fast Click to download
https://qrco.de/bcP1HA
Influencer sign ups
ShopstreamPro
Merchant sign ups
Brands.shopstream360.com
View source version on businesswire.com:
https://www.businesswire.com/news/home/20211101005408/en/
Contact
For all general enquiries
Sarra O’Hara
info@shopstream360.com
+65 86495298
Source : Shopstream
JUNIPER RESEARCH: OPEN BANKING-FACILITATED PAYMENTS TO EXCEED $116 BILLION BY 2026, AS APIS THREATEN TO END CARD DOMINANCE
The research identified Open Banking-facilitated payments, where payments are made directly from bank accounts, as a growing threat to the dominance of cards within eCommerce. While card payments are well established, leveraging permissioned access to bank accounts can reduce fraud risks due to strict KYC (Know Your Customer) rules. The research recommends payment providers partner with Open Banking API providers to reduce risks of disintermediation.
For more insights, download the free whitepaper: Open Banking ~ Levelling the Banking Playing Field
Europe Dominating Open Banking Payments
The new research, Open Banking: Key Opportunities, Vendor Strategies & Market Forecasts 2021‑2026, found Europe will account for over 75% of Open Banking payments users globally in 2026; demonstrating the headstart that PSD2 has given this market. However, the report recommends that API vendors look beyond regulatory minimum requirements to develop advanced use cases such as aggregation of additional products, including loans, credit cards and mortgages, as awareness builds.
Research co-author Damla Sat explained: “While PSD2 is a great starting point, it is not the end goal for Open Banking – supportive regulation must be a platform for much greater innovation. The race is on for vendors to build the most compelling capabilities for the future of Open Finance.”
US Market Opening Up
The research found recent governmental support within the US will stimulate the growth of Open Banking, and the market will require payments players to develop new capabilities quickly to capitalise. As such, we anticipate acquisitions and partnerships to intensify, so vendors can meet these evolving requirements quickly, rather than developing their own solutions over time.
Open Banking market research: https://www.juniperresearch.com/researchstore/fintech-payments/open-banking-market-research-report
Download the whitepaper: https://www.juniperresearch.com/whitepapers/open-banking-levelling-the-banking-playing-field
Juniper Research provides research and analytical services to the global hi-tech communications sector; providing consultancy, analyst reports and industry commentary.
View source version on businesswire.com:
https://www.businesswire.com/news/home/20211101005056/en/
Contact
For further details contact Sam Smith, Press Relations
T: +44(0)1256 830002
E: sam.smith@juniperresearch.com
Source : Juniper Research
PETRONAS DAGANGAN CONTRIBUTES TO MALAYSIAN RED CRESCENT SOCIETY'S PANDEMIC RELIEF PROGRAMMES
Driving Donation through Charity Run and Mesra Points Redemption
KUALA LUMPUR, Oct 29 (Bernama) -- PETRONAS Dagangan Berhad (PDB) has initiated a donation drive for the benefit of the Malaysian Red Crescent Society’s (MRCS) pandemic relief programmes aimed at assisting front-liners and communities battling COVID-19.
Mesra cardmembers can now opt to redeem their points as donations to be contributed to any of MRCS’ programmes including donations for COVID-19 Response Efforts, Emergency Ambulance Service, Disaster Relief and Response as well as Health and Community Services. Contributions in the amount of RM10 and RM20 denominations can also be made directly via the Setel mobile application.
PDB Managing Director and Chief Executive Officer Azrul Osman Rani said, “Since the onset of the pandemic, PDB has continuously helped front-liners and the public through various community service programmes, including our Coffee Break Campaign and more recently, our Foodbank Programme. This new partnership with MRCS enables us to extend our contribution and reach out to more organisations and individuals. Most importantly, we are able to avail a platform for our customers who want to contribute through Mesra points redemption.”
Earlier this year, PDB organised the Power of Seven Virtual Run in aid of the MRCS Mobile Vaccination Programme. Proceeds generated from the participation fees enabled the purchase of medical supplies such as face masks, face shields, gloves and alcohol swabs for the programme.
The MRCS Mobile Vaccination Programme is the first of its kind to be led entirely by a humanitarian organisation. MRCS is appointed by ProtectHealth to participate in the National COVID-19 Immunisation Programme as a Healthcare Organiser Non-Governmental Organisation (NGO). Through this programme, MRCS reaches out to the affected communities such as those who are bedridden, the disabled, refugees as well as undocumented and stateless migrants.
“This mobile clinic initiative is aligned with MRCS’ aim to provide care and relief assistance to at-risk and vulnerable communities,” said MRCS National Chairperson, Her Highness Dato’ Seri DiRaja Tan Sri Tunku Puteri Intan Safinaz binti Almarhum Sultan Abdul Halim Mu’adzam Shah, Tunku Temenggong Kedah.
“This programme really meets MRCS’ objective of leaving no one behind in all our efforts. Ensuring the vulnerable are adequately protected against the virus is a humanitarian imperative.”
The Power of Seven Virtual Run, organised in conjunction with the celebration of the Mercedes-AMG PETRONAS F1 Team's 7th World Constructors' Championship win, ran from 1 April to 31 May 2021 and received a total of over 18,000 participants.
Azrul added, “Through the Virtual Run, participants had the option of paying to participate or fuel up with our PETRONAS Primax 97 with Pro-Race fuel for a complimentary entry. This is also part of our intention to allow more motorists to enjoy the power of our new fuel.”
Dubbed as its best fuel yet, the PETRONAS Primax 97 with Pro-Race utilises a formulation unique to PETRONAS and is enhanced with the world’s first Advanced Dual Friction Modifier that reduces friction by 25% more than the previous fuel. The friction modifier chemistry incorporates a unique fuel and oil interaction formulation that increases fuel efficiency, resulting in further mileage and lower carbon emissions. The new fuel also removes 99.9% of deposits from key areas in the engine, unlocking the car’s full potential to achieve effortless power.
For more information on how to contribute to MRCS, login to the Setel mobile app or visit www.mymesra.com.my.
Caption Image_1 and 2: Mobile Vaccination Programme by Malaysian Red Crescent Society.
To download picture: https://www.dropbox.com/sh/eak4sr8uxij14f4/AACrH9IjyryrKssVcFwesF6wa?dl=0
Source: PETRONAS Dagangan Berhad
REDISCOVER THURAYA WE
Affordable access to corporate & welfare apps
DUBAI, Oct 26 (Bernama) -- For almost every task, we now expect that ‘there’s an app for that’. Businesses are capitalising on a $105 billion app economy, with a CAGR of 57% this year. Recently, and because of the pandemic, there has been an increase in demand for apps to support remote operations. It is estimated that unplanned downtime costs businesses $50 billion every year with maintenance expenses between 15% to 40% of production cost.
While business continuity for remote operations is ensured in areas under GSM coverage, keeping faraway units connected is challenging. Thuraya WE changes the status quo, enabling affordable packages for personal communication and supplying high-end video transmissions from the field.
“Our solutions are inspired by collaborations with humanitarian missions and remote enterprises. We understand challenges in the field, and in introducing new capabilities of Thuraya WE, we address the pain points of these operations. Along with Thuraya Telecommunications, we’re bringing affordable satcom connectivity to remote teams,” shares Nabil Ben Soussia, CEO Asia, Middle East & CIS, IEC Telecom Group. “Thuraya WE can enable a welfare programme at costs comparable to GSM,” he adds. Credits may be offered within a corporate CSR programme, and when the need arises, additional units can be available for purchase onsite or through distribution channels.
When coupled with OneAssist (powered by DigiGone) and a handsfree headset (a rugged device that can be attached to helmets and used with safety glasses), Thuraya WE levels up into a powerful remote management solution. OneAssist is accessed via a high-resolution display that corresponds to a 7” tablet view. Field personnel can stay in touch with HQ, share live videos and snapshots of onsite issues, and receive assistance from faraway experts in low bandwidth environments. This increases operational efficiency and saves costs by eliminating the logistics of sending a support team to the field.
“With Thuraya’s coverage across two-thirds of the globe, Thuraya WE ensures ease of use, affordability, and efficiency,” says Jassem Nasser, Chief Strategy and Marketing Officer, Thuraya Telecommunications Company. “Thuraya WE is a solution that expands the scope of business operations for diverse sectors to areas outside terrestrial coverage. As demands evolve, we focus on innovative solutions and applications that keep our customers ahead of the curve.”
Website - Unparalleled Satellite Communication Systems - IEC Telecom (iec-telecom.com)
SOURCE : IEC Telecom Group
http://mrem.bernama.com/viewsm.php?idm=41374
