Monthly Archives: May 2021

AMMB profit before provision amounts to RM 2.4 billion

Growth reflects the strength of the bank’s diverse franchise and effective cost management strategy despite a difficult year by LYDIA NATHAN / Photo by TMR FILE PIX AMMB Holdings Bhd’s profit before provision (PBP) for its fiscal year ended March 31, 2021 (FY21) jumped 14.2% year-on-year (year-on-year) to RM2.42 billion …

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The world is now expected to reach a 1.5 ° C watershed in the next five years

Chances are rising that the annual average global temperature will exceed 1.5 ° C above pre-industrial levels in at least one of the next five years, the UN weather agency warns in a new report released Thursday. The World Meteorological Organization (OMM) stated that there is a 40% chance that …

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Will Indonesia’s Omnibus Reforms Support Recovery From COVID-19?

Author: Roland Rajah, Lowy Institute Indonesia’s new “ omnibus job creation law ” has been spoils by the public controversy that surrounded its passage at the end of last year. The government nonetheless hailed the law as a major regulatory overhaul that would attract foreign investment and create jobs. In …

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Australia’s carbon emissions drop 5% in 2020, Energy News, ET EnergyWorld

MELBOURNE, – Australia’s carbon emissions fell 5% in 2020 with growth in wind and solar power, a blow to the transport of coronavirus lockdowns and an increase in carbon capture in the huge Gorgon LNG project, the government said on Monday. Emissions fell from 26 million tonnes to 499 million …

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AmBank turns red in Q4, not thanks to 1MDB settlement and write-downs

KUALA LUMPUR (May 31): AMMB Holdings Bhd (AmBank) dipped into the red in the fourth quarter ended March 31, 2021 (4QFY21), driven mainly by one-time exceptional items totaling RM 4.77 billion, including the 1Malaysia Development Bhd (1MDB). Among the exceptional items recorded in 4QFY21, the most important was the settlement …

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Returns to Yau Lee Holdings (HKG: 406) ongoing

What are the first trends to look for to identify a security that could increase in value over the long term? First of all, we would like to identify a growth return on capital employed (ROCE) and at the same time, a based capital employed. Basically, this means that a …

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How long will it stay hot?

Bloomberg This time it’s different: apart from OPEC +, oil growth is stagnating (Bloomberg) – “This time it’s different” are perhaps the most dangerous words in business: billions of dollars have been lost betting history won’t repeat itself. And yet, now in the oil world, it looks like it really …

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Dassault Aviation (EPA: AM) has a somewhat strained record

Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett said “volatility is far from risk.” So it seems like smart money knows that debt – which is usually linked to bankruptcies – is a very important factor when you …

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Bitcoin drops 5.2% to $ 33,849, Ether 6.3%

Bloomberg National Bank pulls back after falling investor profits (Bloomberg) – National Bank of Canada shares fell the most in four months after its second quarter financial results disappointed investors after a week of explosive earnings from peers. also posted profits that beat expectations this week. National Bank, which generates …

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The economy is recovering from coronacrisis – PM Shmyhal – UNIAN

Salaries have increased by 20% over the year. Photo by UNIAN Ukraine’s economy has started to recover from the crisis caused by the COVID-19 pandemic, according to Prime Minister Denys Shmyhal. “In 2021, we must lay a solid foundation for the Ukrainian economy to grow at a faster pace in …

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