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Joe Biden signs executive order to streamline chip supply chain
https://www.youtube.com/watch?v=3_IXFlTKHPE

Joe Biden signs executive order to streamline chip supply chain
https://www.youtube.com/watch?v=3_IXFlTKHPE

President Joe Biden signs executive order to streamline chip supply chain
https://www.youtube.com/watch?v=3_IXFlTKHPE

ARK doubles robotics and automation
https://www.youtube.com/watch?v=Qoy3Z00JEdk

特斯拉組台灣隊擴產40倍
https://www.youtube.com/watch?v=k4iIAXV4olY

晶片缺貨燒至矽晶圓 下個是誰?中國漲價潮持續 有誰將被瘋搶?
https://www.youtube.com/watch?v=qjQT81DmLL4&fbclid=IwAR1_ILhASjbO5...

晶片缺貨燒至矽晶圓 下個是誰?中國漲價潮持續 有誰將被瘋搶?
https://www.youtube.com/watch?v=qjQT81DmLL4&fbclid=IwAR1_ILhASjbO5...

The expectations of the 12MP are high. I admit that formulating the plan is a daunting task. Even without the pandemic, we have been grappling with a number of structural issues. We need bold and radical ideas to address long outstanding issues, such as low value-added economic activities, inequitable income distribution and regional disparity.Malaysia, being an open economy, is pretty much affected by the global economic situation...Covid-19 has caused global economic turmoil, pushing the economy to its deepest recession.
Even without Covid-19, a number of issues such as intense trade tensions especially between the US and China, and geopolitical conflicts have led to uncertainties, dragging the economy deeper into volatility.

To recap the unveiling of the 12MP 2021-2025 has been postponed till early next year to allow for more input from stakeholders and importantly to take into consideration the policy adjustments and economic reforms needed to rebuild and restructure the economy in the post-pandemic period.
The Minister also said the successful implementation of these measures would enhance competitiveness and resilience of the economy, and position Malaysia as an important player in the global supply chain, for complex and high value-added products and services.Focus would also be given on attracting quality investments which promote the development of complex products and services, create high-skilled and high-paying jobs, encourage higher use of domestic inputs and improve development in underserved areas.

Going forward, it is allocating RM100 million for new hostels and houses to accommodate 7,300 employees in tandem with its expansion plan. It is also incorporating workers’ accommodation in the upcoming Factory 42 in its layout plan, so that the integrated infrastructure may benefit its employees,” added the research house.

Top Glove shared at an analyst briefing yesterday that it was improving employee accommodation following its non-compliance with the Workers' Minimum Standards of Housing and Amenities Act 1990 (Act 446)“It recently bought 100 apartments for RM20 million for its workers and rented additional houses to comply with the authorities’ requirements,” MIDF Research noted.

It is worth noting that Top Glove is on the FTSE4Good Bursa Malaysia and the Dow Jones Sustainability Indices' (DJSI) Emerging Markets Index.Top Glove has been in the spotlight due to its workers' housing conditions, recording high Covid-19 conditions that led to the implementation of an enhanced movement control order (EMCO)On Nov 23, the government announced that 28 Top Glove factories in Klang would temporarily cease operations in stages to allow the factory workers to undergo screenings and mandatory quarantine in an effort to contain the spread of the virus among the employees.

In the case of Top Glove, their recent RM2.4 billion net profit for the first quarter ended Nov 30, 2020 (1QFY21) and dividend payout of 16.5 sen are something that would hold more weight with investors,” the analyst said.He added that investors (including funds) would have to balance ESG criteria as well as the performances of their portfolios. ESG themes would play a bigger role moving forward as awareness is raised. Buy- and sell-side analysts would have to highlight a particular company’s ESG performance, especially as big funds like the Employees Provident Fund (EPF) wants ESG considerations to be included alongside traditional financial metrics starting from next year.

ESG issues such as labour issues do have a material impact in terms of whether investors invest in a particular company. Top Glove is certainly not the worst when it comes to these issues, but it has to demonstrate to the wider market that this is something it is willing to address and ensure it does not repeat in the longer term,” said the fund manager.Another analyst, who asked not to be named, said that while ESG issues are among the factors taken into consideration by investors, they would lean more towards earnings and returns on their investments.

A fund manager, who requested anonymity, said ESG-focused funds would not be queuing up to add counters with ESG issues.Even for non-ESG focused funds, seeds of doubt would emerge in terms of whether such ESG issues would hurt a company’s long-term business continuity and returns to shareholders.Reputation, he added, is not an abstract concept and has a real-life impact in terms of whether investors choose to invest in a particular counter.

RHB Research analyst Alan Lim said that in line with his higher earnings estimates, he had increased Top Glove’s equity value per share to RM10.56 from RM9.50 previously.
Lim said that in light of the high number of Covid-19 cases at Top Glove’s hostels, he had ascribed a 10% ESG discount to derive its overall TP.As such,
Lim’s TP of RM9.50 still remained unchanged after applying the 10% ESG discount on the RM10.56 equity value per share.Our ESG score for Top Glove has been cut to 2.78 (out of four from 3.22) on lower points for the social or 's' component,” Lim said, maintaining his “buy” call for Top Glove.

CGS-CIMB, while maintaining its “add” call for Top Glove, has cut its target price (TP) on the rubber glove giant by 11% to RM8.90 per share from RM10 previously. This cut is premised on a lower price-to-earnings (PE) ratio of 16 times for calendar year 2022 (CY22) from 17 times previously.
We cut our TP to RM8.90 based on 16 times CY22 P/E, -0.5SD (standard deviation) of its five-year mean (previously 17 times P/E). The lower P/E is to account for ongoing concerns over ESG-related issues, particularly related to its foreign workers.Nevertheless, we still like Top Glove as it is a key beneficiary of higher glove demand due to the Covid-19 pandemic, given its position as the world’s largest glove maker,” CGS-CIMB analyst Walter Aw said in a note today.

The environmental, social and governance (ESG) issues afflicting Top Glove Corp Bhd have led to analysts revising the company’s valuations.

johor bahru district malay population around 600,000 all low income salary below 2500..

30% johorean cannot go singapore working...

johor bahru district population around 1 mil

johor bahru 300,000 Malaysians work in Singapore

ecoworld property in johor very expensive , instalment montly RM3000 above no working singapore cannot afford buy...

johorean many work permit terminate by Singapore...

johorean cannot go singapore working...

haze for ecoworld sales in johor

hard lending...

tightening lending...

my friend working in hong leong bank told me now hong leong bank give car loan ,installment rm1000 per month bank account saving must have cash money 24k for instalment 2years money in 2 year bank to give lending...tightening lending...many bank loan margin give 70% max loans.
example : your bank account saving in year 2018 have 24k until now still have 24k ,bank give lending...if year 2018 bank saving have 10k 2019 year have 15k now have years 2020 have saving 24k bank will rejected loan...

many loan rejected in cmco

bank stop make home loan and car loan those have work permit singapore

my friend working at bank told me bank give home loan ,need 30% down payment
100 customer submit loan approved 3 customer only. bank difficult approved loan

many customer cannot reach bank term condition to take loan in cmco

many customer cannot reach bank term condition to take loan in cmco

many customer cannot reach bank term condition to take loan in cmco

many customer cannot reach bank term condition to take loan in cmco

many customer cannot reach bank term condition to take loan in cmco

many customer cannot reach bank term condition to take loan in cmco

bank stop make home loan and car loan those have work permit singapore

my friend working at bank told me bank give home loan ,need 30% down payment
100 customer submit loan approved 3 customer only. bank difficult approved loan

bank stop make home loan and car loan those have work permit singapore

bank stop make home loan and car loan those have work permit singapore

bank stop make home loan and car loan those have work permit singapore

bank stop make home loan and car loan those have work permit singapore

bank stop make home loan and car loan those have work permit singapore