This 16 September marks the second Malaysia Day since the global pandemic swept across the world. As we continue our fight against the pandemic, now, more than ever, is a time for us to celebrate unity and our collective strength as Malaysians.
The pandemic forced society to face technological change, not something that we were prepared for – a McKinsey & Company study found on average, seven years’ worth of digitalisation was condensed in a matter of months. This unprecedented rate of digitalisation is causing displacements across society and industries.
AMCHAM restarted our GATE 40 sessions today with a session by Nazhif Yusoff, Country Director from Vriens & Partners.
Nazhif gave a brief introduction about himself and Vriens & Partners to start the session. The participants engaged in a lively discussion with Nazhif regarding transitioning into a government relations career, cultural etiquette and unspoken rules when engaging with stakeholders in Malaysia and insights into the differences in the government relations functions between US, European and local companies.
Kuala Lumpur, 14 September 2021 – Gibraltar BSN Life Berhad (“Gibraltar BSN”), one of Malaysia’s fast growing life insurance companies, has launched GoGuarantee Plus, a limited-edition endowment plan to help Malaysians safeguard their retirement.
GoGuarantee Plus is a life insurance plan combined with guaranteed returns at 3% of sum assured every five years and a lump sum payment of up to 120% of total premium paid.
The enrolment process is also hassle-free as customers can easily protect themselves for up to RM300,000 with no medical underwriting or health questions.
Lee Kok Wah, Chief Executive Officer of Gibraltar BSN Life Berhad said, “Good health and financial freedom is key to retirement security. In today’s challenging times and the fact that Malaysia will become an aging society by 2030, we felt compelled to help our customers safeguard their golden years by offering a competitive product to grow their retirement funds and at the same time, equip them with solid life protection.”
A unique feature of GoGuarantee Plus is the accompanying Golden Age Disability (GAD) which allows the customer to extend the coverage period and Terminal Illnesses benefits of up to RM300,000. Kok Wah added, “Living longer means that Malaysians will have to contend with higher medical costs and these additional benefits will certainly alleviate our customers’ financial burden as they grow older.”
Customers can prepare for their retirement without burdening their current commitments by opting for flexible premium payment of five years, ten years, or the full payment term.
GoGuarantee Plus is available until the end of the year. The plan is distributed via Gibraltar BSN’s nationwide agency channel and further complements the life insurer’s range of simple, relevant, and affordable financial solutions which includes life and health protection through traditional and investment-linked plans. For more information, please visit www.gibraltarbsn.com.
The current global pandemic has added more layers of anxiety and uncertainty to any international relocations, regardless the reasons of relocating. There are instances when one must move notwithstanding the external situation or circumstances.
Amid these turbulent times, however, having a professional mover to guide through the process is crucial. Crown Relocations is determined to be there for their customers at every step of the way; from research to relocation and even settling-in.
They have launched their latest international relocations campaign: “Making Relocating Simpler” based on Noah’s relocation experience during the pandemic.
11-year-old Noah has recently moved to New Zealand with his family, leaving behind his friends and the familiarity of his current home. For some, the emotional and cultural challenges of entering unfamiliar territory can be overwhelming. Noah and his mother Akiyo share with us their move preparations to New Zealand with Crown Relocations. Watch Noah’s video here!
In response, Crown Relocations has implemented a rigorous health and safety protocol in managing and supporting their customers’ move during this challenging time. This includes virtual consultation, flexible move dates and high-quality storage solutions to make it simpler for people to relocate their family, belongings, and even pets worldwide by leveraging an extensive network that spans across 250 offices globally.
Standard Chartered Bank (StanChart) said it has executed its first green trade finance facility to support Amplus Energy Solutions FZE in its solar generation business.
Amplus Energy is a subsidiary of Amplus Solar, which is a member of the Petroliam Nasional Bhd (Petronas) group and a provider of low-carbon energy solutions.
“This facility is a significant milestone towards the implementation of sustainable practices across ecosystems and in building more resilient supply chains,” StanChart said in a statement.
The COVID-19 pandemic has caused mass redundancies, retrenchment, and dismissals of employees across all sectors of employment locally as well as internationally with the closure and downsizing of businesses. Now more than ever, it is important for employees to arm themselves with knowledge of their legal rights to ensure that they are not unfairly dismissed.
In Malaysia, the law governing the dismissal of employees (and labour law in general) is premised upon the notion of fairness and is a relatively well-balanced system. Employer-employee relationships in Malaysia are governed by the Employment Act 1955 and the Industrial Relations Act 1967.
