In this recent webcast, Rich Powers, head of ETF Product Management and Tim Holmes, head of Equities, ETFs, and Options Trading for individual investors, will help to demystify and simplify ETFs and answer your questions.
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https://investornews.vanguard/why-all-the-talk-about-etfs/
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John B. Neff, who directed Vanguard Windsor Fund to great success, has died.
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https://investornews.vanguard/vanguard-mourns-passing-of-windsor-fund-legend-john-neff/
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Vanguard Senior Economist Andrew Patterson discusses the recent yield curve inversion in the bond market.
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https://investornews.vanguard/what-a-yield-curve-inversion-does-and-doesnt-tell-us/
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Technology is having a dampening effect on inflation. What does this mean for investors?
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https://investornews.vanguard/why-inflation-remains-low-hint-its-about-technology/
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Retirees can use Vanguard bond ETFs as a source of income, but these ETFs could provide benefits to other investors too.
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https://investornews.vanguard/is-there-a-place-in-your-portfolio-for-bond-etfs/
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IPOH: The Perak state government will provide special assistance to about 4,000 hawkers and small traders, in the form of a one-off payment of RM500 each, following the imposition of the nationwide movement control order effective from today until March 31 to curb the spread of Covid-19.
Mentri Besar Datuk Seri Ahmad Faizal Azumu (pix) said the assistance would soon be given to all hawkers and traders registered with local authorities in Perak.
“The total cost of this aid is estimated to be almost RM2 million,“ he said in a statement today.
In addition, the state government will bear half of the rental of food stalls under the purview of all local authorities for the months of March and April – this initiative will cost more than RM770,000.
To honour the 1,500 Perak Health Department front liners involved in the fight against Covid-19, the state government will sponsor lunches and dinners over a two-week period, Ahmad Faizal added, explaining that this will cost nearly RM200,000.
He added that a special allocation of RM160,000 made possible by the state government and some state government-linked companies, would be used to purchase additional equipment needed by health department personnel. – Bernama
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https://www.thesundaily.my/local/perak-govt-to-provide-one-off-rm500-assistance-to-hawkers-small-traders-KA2147518
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KUALA LUMPUR: A Frenchman has been reported missing after being last seen at Kuala Lumpur international Airport on March 10.
The victim is identified as Francois Ange Dominioue Garrigues, 29.
Wangsa Maju police chief Supt Rajab Ahad Ismail when contacted confirmed receiving a report on the missing man and investigation is still going on.
Members of the public with information on the victim can contact Sergeant Khalid Mat Jidi at 012-6100844 or ASP Mohd Fauzi Mohd Shariff at 019-3994456 or 03-21412222 or any nearby stations.
Information obtained from an internet search showed the French national who has a British address, and was a director of a defunct company. – Bernama
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https://www.thesundaily.my/local/frenchman-reported-missing-after-last-seen-in-klia-KA2147491
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KUALA LUMPUR: A doctor has put Facebook to good use by sharing a quote to remind Malaysians to stay at home during the two-week movement control order period.
Dr Gee Teak Sheng, a consultant neurosurgeon from Pantai Hospital, Penang today shared a photo of him holding a paper with ‘I Stay At Work for You, You Stay at Home for Us’ written on it, and also added the hashtags #StayHome and #DudukRumah.
The post is a reminder to Malaysians that staying home not only curbs the spread of Covid-19 but lightens the burden of many medical experts during this crucial time.
The restriction orders all government and private premises be closed, except for those providing essential services.
It also highlights the sacrifices of those who deliver these services, in order to fight the virus and serve the country.
Gee’s post garnered 44,000 shares on Facebook and is also making waves on other social media platforms such as Twitter and Instagram.
People filled the post with encouragement and appreciation comments.
Tay Liang Hua, a Facebook user from Muar commented “Thank you Doctor Gee and your team of staff for the dedication. Appreciate your efforts to educate the public at this critical time.”
While on Twitter, @adaazam reposted the photo with the caption, “Please, please stay at home. Please support doctors and nurses. Please support this movement.”
Other than health and pharmacy, telecommunications, postal, transport, broadcasting, finance, and banking are among the services which will be available during the order that took effect today until the end of the month. – Bernama
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https://www.thesundaily.my/local/i-stay-at-work-for-you-you-stay-at-home-for-us-DA2147467
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KUALA LUMPUR: Petronas has safely evacuated all 80 of its Malaysian employees from Petronas Carigali Iraq Holding B.V. (PCIHBV), located at the Garraf Contract Area in Iraq’s Thi Qar province in view of the Covid-19 pandemic.
The move is a precautionary measure to ensure the health, safety and well-being of its employees, it said.
“This is certainly an unfortunate and unforeseeable event that is not within PCIHBV’s control. PCIHBV had accordingly issued the necessary notice in accordance with the provisions of the development and production service contract and engaged with the host authority prior to the suspension of operations and evacuation of our employees,” it said in a statement, here today.
Operations at the Garraf Contract Area are now temporarily suspended until further notice, Petronas said.
“We are also closely monitoring the situation,” it added.
According to news reports, Iraq has recorded 164 Covid-19 cases, with 12 deaths. – Bernama
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https://www.thesundaily.my/local/petronas-evacuates-employees-from-iraq-amid-covid-19-pandemic-XA2147437
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KUALA LUMPUR: Mercy Malaysia launched the Covid-19 Pandemic Fund today to support the severely strained healthcare system due to the outbreak of the disease and implementation of the movement control order that took effect today.
The non-profit organisation’s executive director, Amran Mahzan said the fund would also go towards supporting medical services and the essential needs of marginalised groups.
“We have been reinforcing preventive measures such as hand-washing, eating well-cooked food and correct use of face masks at our mobile clinics for refugees and migrants since last month.
“These marginalised communities cannot be left out of the pandemic containment plan as they can potentially be hot spots for the virus to spread rapidly,“ he said in a statement today.
Amran said to support Mercy Malaysia’s initiatives, the donation could be made through www.mercy.org.my or direct to MERCY Humanitarian Fund (5621 7950 4126) or MERCY Malaysia (CIMB 8000-7929-08). All donations are tax-exempted.
The movement control order was declared by Prime Minister Tan Sri Muhyiddin Yassin on Monday night. So far, Malaysia has recorded 790 Covid-19 positive cases with the first fatalities yesterday involving two local residents. – Bernama
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https://www.thesundaily.my/local/mercy-malaysia-launches-covid-19-fund-BA2147388
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