Tag: more

  • Amcham supports gov’t plan to enforce S17A of the MACC Act 2009

    Amcham supports gov’t plan to enforce S17A of the MACC Act 2009

    Amcham supports gov’t plan to enforce S17A of the MACC Act 2009 1

    KUALA LUMPUR: The American Malaysian Chamber of Commerce (Amcham) supports the Malaysian Government plan to enforce S17A from June 2020 to bring the level of compliance by Malaysian companies on par with that of the United States and the rest of the developed world.

    It said, the Malaysian Government introduced corporate liability for companies committing acts of bribery through Section 17A of the Malaysian Anti Corruption Commission Act 2009, which was in line with the requirements of Article 26 of the United Nations Convention Against Corruption (UNCAC).

    “As a reflection of Malaysia’s commitment to the UNCAC, Section 17A is to come into effect next month, given the concern about the seriousness of problems and threats posed by corruption to the stability and security of society, the undermining of institutions and values of democracy, and the jeopardizing of sustainable development of the economy.

    “These prohibitions reflect the provisions of the US Foreign Corrupt Practices Act 1977 and are the terms on which all US companies conduct business,“ said Amcham in a statement.

    It pointed out that there should not be any delay or suspension in the implementation of such key legislation, especially in these times of economic turmoil when businesses and consumers need certainty, especially to ensure that prices are not inflated due to corrupt acts or lax enforcement of the law. — Bernama

    Amcham supports gov’t plan to enforce S17A of the MACC Act 2009
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    https://www.thesundaily.my/local/amcham-supports-gov-t-plan-to-enforce-s17a-of-the-macc-act-2009-FL2386430

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  • The ‘Great Fall’ and the road to recovery

    The ‘Great Fall’ and the road to recovery

    The economic effects unleashed by the COVID-19 pandemic defy conventional labels. Here’s how we’ll move forward.
    The ‘Great Fall’ and the road to recovery
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    https://investornews.vanguard/the-great-fall-and-the-road-to-recovery/

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  • What the CARES Act means for you

    What the CARES Act means for you

    Understand what rules exist to offer investors flexible relief options from their retirement savings accounts as a result of COVID-19.
    What the CARES Act means for you
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    https://investornews.vanguard/what-the-cares-act-means-for-you/

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  • Municipals rally pauses on headlines of state finances

    Municipals rally pauses on headlines of state finances

    Despite recent concerns about state and local government finances, Vanguard Head of Municipals Paul Malloy explains why the municipal bond market remains sound.
    Municipals rally pauses on headlines of state finances
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    https://investornews.vanguard/municipals-rally-pauses-on-headlines-of-state-finances/

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  • Why global recovery may not look like China’s

    Why global recovery may not look like China’s

    China may be as much as a year ahead of most developed nations in economic normalization after the pandemic.
    Why global recovery may not look like China’s
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    https://investornews.vanguard/why-global-recovery-may-not-look-like-chinas/

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  • Your Investing Life™: Dealing with a financial shock

    Your Investing Life™: Dealing with a financial shock

    Here are 5 steps that can help when you manage a financial shock.
    Your Investing Life™: Dealing with a financial shock
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    https://investornews.vanguard/your-investing-life-dealing-with-a-financial-shock/

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  • What we learned from the 2008 global financial crisis

    What we learned from the 2008 global financial crisis

    The global financial crisis of 2008 proved no one can predict the market. Tim Buckley’s advice to Vanguard Personal Advisor clients is applicable to all investors: It’s best to be invested.
    What we learned from the 2008 global financial crisis
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    https://investornews.vanguard/what-we-learned-from-the-2008-global-financial-crisis/

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  • The reassurance of having a pressure-tested portfolio

    The reassurance of having a pressure-tested portfolio

    Karin Risi and Tim Buckley discuss the peace of mind Vanguard Personal Advisor clients can gain from knowing their portfolio has been “pressure tested” against thousands of market scenarios.
    The reassurance of having a pressure-tested portfolio
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    https://investornews.vanguard/the-reassurance-of-having-a-pressure-tested-portfolio/

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  • How dynamic is your retirement spending strategy?

    How dynamic is your retirement spending strategy?

    Karin Risi and Tim Buckley discuss how Vanguard Personal Advisor clients can enroll in a dynamic spending plan, highlighting the value an advisor can provide in determining exactly how much you may need to pull back during a market downturn.
    How dynamic is your retirement spending strategy?
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    https://investornews.vanguard/how-dynamic-is-your-retirement-spending-strategy/

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  • Commemorating Smallpox Eradication – a legacy of hope, for COVID-19 and other diseases

    On 8 May 1980, the 33rd World Health Assembly officially declared: ‘The world and all its peoples have won freedom from smallpox.’ 

    The declaration marked the end of a disease that had plagued humanity for at least 3 000 years, killing 300 million people in the 20th century alone.

     

    It was ended, thanks to a 10-year global effort, spearheaded by the World Health Organization, that involved thousands of health workers around the world to administer half a billion vaccinations to stamp out smallpox.

    The US$ 300m price-tag to eradicate smallpox saves the world well over US$ 1 billion every year since 1980.

    Speaking at a virtual event hosted at WHO-HQ, involving key players in the eradication effort, WHO Director-General, Dr Tedros Adhanom Ghebreyesus said, “As the world confronts the COVID-19 pandemic, humanity’s victory over smallpox is a reminder of what is possible when nations come together to fight a common health threat.”

    The world got rid of smallpox thanks to an incredible demonstration of global solidarity, and because it had a safe and effective vaccine. Solidarity plus science equalled solution!

     

    Dr Tedros highlighted that smallpox eradication also offers hope for efforts to eliminate other infectious diseases, including polio, which is now endemic in just two countries. To date, 187 countries, territories and areas have been certified free of Guinea worm disease, with seven more to go. And the fight against malaria has so far resulted in 38 countries and territories certified as malaria-free. In the case of Tuberculosis (TB), 57 countries and territories with low TB incidence are on track to reach TB elimination.

    At the event, Dr Tedros unveiled a commemorative postal stamp to recognize the global solidarity that drove the initiative and honour the efforts of health workers who ensured its success.

    The stamp, developed by the United Nations Postal Administration (UNPA), in collaboration with WHO, signifies what national unity and global solidary can achieve. Numerous countries, such as Guinea, India, Nigeria, Philippines, Togo and others issued smallpox stamps to show support for, and raise awareness about WHO’s Intensified Smallpox Eradication Programme launched in 1967.

    WHO Regional Director for Africa, Dr Matshidiso Moeti’s earliest memories of smallpox is of her father. “I was visiting WHO headquarters, and I saw a photo of my Dad, standing with the other experts on the Global Commission. I remember him going out, doing follow-up visits with patients.  He often would go with a driver and disappear into the bush for days. I felt in awe of his tireless work. The strategies used to eradicate smallpox still apply today.”

     

    “Lessons learned from smallpox are used today to respond to disease outbreaks. For example, house-to-house active case-finding underpins the polio eradication programme, and ring vaccination of contacts is helping to combat the spread of the Ebola virus disease. Similarly, surveillance, case-finding, testing, contact-tracing, quarantine, and communication campaigns to dispel misinformation are central to controlling COVID-19, “ explained David Heymann, Professor of Infectious Disease Epidemiology at The London School of Hygiene & Tropical Medicine (LSHTM) and  Distinguished Fellow, Global Health Security at Chatham House, London.

    Following smallpox eradication, WHO and UNICEF launched the Expanded Programme on Immunization, under which 85% of the world’s children are vaccinated and protected from debilitating diseases.

    With the potential of a COVID-19 vaccine ahead, ensuring sufficient supplies and reaching people in hard to reach places is a high priority. Addressing vaccine hesitancy poses a significant challenge to stop the virus. Access to accurate public health information and education is critical to ensure that the public has the facts to keep themselves and others safe.

    To permanently commemorate the eradication of smallpox and the lessons learned on a global scale, rather than every 10-years, WHO is calling museums, exhibition companies, designers, curators and associations to develop an immersive, interactive and educational exhibition on smallpox and its relevance for COVID-19 and global health security.  The exhibition, which will be unveiled later this year, will promote a better understanding of public health and empower people to keep informed and safe during a pandemic.

    Notes to the media

    Smallpox stamp

    The smallpox stamp is in the denomination of CHF 1,70. It was designed by Sergio Baradat (United Nations) in collaboration with the World Health Organization and is available for purchase at unstamps.org. The stamp can be used to mail postcards and letters around the world, provided that they are sent from the UN headquarters in New York, Geneva or Vienna respectively.

     

    Smallpox Eradication dates

    On 9 December 1979, a global commission certified that smallpox had been eradicated, and this certification was officially accepted by the 33rd World Health Assembly in 1980.

    Museum Exhibition

    Exhibition design companies, museums, curators and other companies/organizations in this field are invited to express their interest to develop an immersive, educational exhibition on smallpox and its relevance for COVID-19 and global health security by writing to privatesectorpartners@who.int

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    https://www.who.int/news-room/detail/08-05-2020-commemorating-smallpox-eradication-a-legacy-of-hope-for-covid-19-and-other-diseases

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