Maybank Expects ROE To Improve To 9 Per Cent In 2021, Loan Growth To Pick Up

KUALA LUMPUR, Feb 25 (NNN-Bernama) — Malayan Banking Bhd (Maybank) expects its return on equity (ROE) for this year to be around nine per cent, an improvement over 8.1 per cent in 2020, on continued soft income environment and elevated provisioning, group president and chief executive officer Abdul Farid Alias…

Malaysia To Receive Sinovac COVID-19 Vaccine On Saturday

By Zairina Zainudin KUALA LUMPUR, Feb 25 (NNN-Bernama) – Malaysia is set to receive China’s Sinovac vaccine for COVID-19 on Saturday, the second brand of vaccine within a span of one week, after welcoming the Pfizer-BioNTech vaccine, thus further strengthening the country’s economic recovery path. The Sinovac vaccine, called CoronaVac,…

Indonesia Starts Mass Vaccination For Journalists With President Observing

JAKARTA, Feb 25 (NNN-ANTARA) – Indonesia started its mass COVID-19 vaccination for journalists this morning, with President Joko Widodo observing the activity in Jakarta. The president said, around 5,500 people have been vaccinated, after observing the vaccination for journalists, which was scheduled to take place from Thursday to Saturday. “We…

Foreigners In Cambodia To Receive Free COVID-19 Vaccine In Due Course: Ministry

PHNOM PENH, Feb 25 (NNN-AKP) – Cambodia said, all foreigners living or working in the kingdom will be able to receive free COVID-19 vaccines in due course. “All foreign nationals, who are currently residing and working in Cambodia, can get vaccinated against COVID-19, at no charge, in accordance with Cambodian…

ADB Sells Two Billion USD 10-Year Global Benchmark Bond

MANILA, Feb 25 (NNN-PNA) – The Asian Development Bank (ADB) said today, that, it has sold a two-billion-U.S. dollar-10-year global bond, proceeds of which will be part of ADB’s ordinary capital resources. This is ADB’s second successful outing in the U.S. dollar market this year, ADB Treasurer, Pierre Van Peteghem,…

12 U.S. Soldiers, Two Civilians In S. Korea Test Positive For COVID-19

SEOUL, Feb 25 (NNN-YONHAP) – Twelve more U.S. soldiers and two civilians in South Korea tested positive for COVID-19, the U.S. Forces Korea (USFK) said today. The USFK, said that, 14 USFK-affiliated individuals were confirmed with the COVID-19, after arriving in South Korea between Feb 3 and 22. Five service…

Tokyo 2020 President Hashimoto Assures IOC “Safety First” Games Will Be Held

TOKYO, Feb 25 (NNN-NHK) – Tokyo 2020 president, Seiko Hashimoto, assured the International Olympic Committee (IOC) Executive Board, today, that, the Japanese capital will host an Olympic Games that will put safety in the first place. The 56-year-old former Japanese Olympic Minister, admitted that the situation is still “difficult,” and…

Malaysia, France Agree On Developing New Forms of Cooperation

KUALA LUMPUR, Feb 25 (NNN-Bernama) — Malaysia and France, given their experiences in addressing the current COVID-19 pandemic, have agreed that the two countries should develop new forms of cooperation, including guaranteed access to vaccines, and post-pandemic socio-economic recovery, said Foreign Minister Hishammuddin Hussein. He said this was agreed upon…

Thai Court Finds Three Ministers Guilty Of Involvement In 2014’s Anti-Government Protests

BANGKOK, Feb 25 (NNN-TNA) – Three current Thai Cabinet ministers lost their posts yesterday, due to their court verdicts for jail, in relation to the 2014’s Bangkok shutdown and street protests, which they had unlawfully orchestrated. Education Minister, Nataphol Teepsuwan, Digital Economy and Society Minister, Buddhipongse Punnakanta and Deputy Transport…

COVID-19 Cases Decline For Sixth Straight Week Worldwide But More Contagious Strains Spreading Rapidly: WHO

GENEVA, Feb 25 (NNN-AGENCIES) – The number of confirmed COVID-19 cases worldwide, decreased for the sixth week in a row, but the more contagious variants of the virus are spreading fast, the World Health Organisation (WHO) said in its weekly pandemic report. The number of new cases dropped by 11…
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