Digital Disruption: Lim Guan Eng Digital Solution is Astro Digital Problem
The Morning Run Crew
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00:15 - Astro announced that its quarter net profit fell 35% on-year to 118 million ringgit due to higher net finance costs and a decrease in Ebitda. Astro is anticipating a challenging operating environment, and review will focus on remaining efficient and agile to serve its customers better.
05:45 - Malaysia is well on its way to become a digital and cashless society given that some 91% of Malaysians already have access to online banking. Bank Negara statistics shows there is a drop of cash circulation to 7.4% in 2018. IMF standards on cashless society ist at a 2% cash circulation.
Presented by: Lyn Mak, Sharidz Abdullah and Julian Ng
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Categories: Personal Finance, Investments, Financial Literacy, Politics, Law and Legal Matters, Business Analysis, Trends and Forecasts, Markets, Young Finance, Social Issues
Tags: astro, broadband, piracy, cashless, bank negara, lim guan eng,