Daily Industry News Update (24 January 2021)

INDUSTRY NEWS (24 JANUARY 2021)

Report: Plaza Batai to be demolished to make way for redevelopment

The “upmarket” Plaza Batai located in Damansara Heights will be demolished to make way for serviced apartments, The Edge Malaysia reported in its latest issue. The weekly reported that this is the plan of businessman Tan Sri Desmond Lim Siew Choon who bought the retail lots.

Ringgit expected to strengthen between RM4.0375 and RM4.0575

The ringgit is expected to strengthen between RM4.0375 and RM4.0575 next week from the RM4.0415 level on Friday amid rising concerns over macro and micro economic environment due to resurgence of COVID-19 cases. Axi chief global market strategist Stephen Innes said the

Resiliency in banking : A ‘must have’ for continuity in the new reality

Shifts in the banking industry landscape have highlighted the need for resiliency and automation in digital transformation, especially in challenging times where business continuity is paramount.  A degree of digital transformation has occurred in the banking

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