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Wednesday, December 11th, 2019

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by November 17, 2016 General


Combination of savings and guaranteed annual cash payout prove popular, with RM21 million sales since soft launch

KUALA LUMPUR, Nov 17 (Bernama) — CIMB Bank Berhad (“CIMB” or “the Bank”) today rolled out Sun Wealth, its latest limited pay insurance savings plan that combines protection with guaranteed benefits for its customers. The insurance plan is developed exclusively for CIMB Bank by its bancassurance partner, Sun Life Malaysia Assurance Berhad (Sun Life Malaysia).

Sun Wealth is a unique non-participating universal life plan that provides guaranteed wealth preservation of the basic premium while offering potential growth from investment returns. The guaranteed acceptance feature also makes the application and enrolment hassle-free for customers.

SHENZHEN, China, Nov 17 (Bernama) — China Hi-Tech Fair (CHTF), the leading technology event of China, kicked off on November 16 at Shenzhen Convention & Exhibition Center, China. This great 6-day annual feast will bring together thousands of the hottest and latest technological innovations, with the emerging VR/AR technologies being the biggest eye catcher.

The year 2016 witnessed a great number of VR products and applications flooding to the market, so CHTF2016 presented a special VR/AR experience area for visitors to have hand-on experience with those innovative gadgets. Some leading technological companies have brought their latest VR/AR products to the event. For example, a VR Time Machine designed by Wuhan Zhongfeixushi can simulate flying movements with a 360-degree rolling platform to create an authentic flying experience for users. IDEALENS Technologies brought its second generation of an all-in-one VR device K2 to CHTF2016. Embodied with over 220 patents, this powerful device features a 110ο wide viewing angle which guarantees a super real immersive watching experience.

KUALA LUMPUR, Nov 17 (Bernama) — Eastspring Investments Berhad today announced the gross income distribution for its Eastspring Investments Asian High Yield Bond MY Fund (“Fund”). The Fund is a wholesale feeder fund which aims to maximise income and capital appreciation by investing in the Eastspring Investments – Asian High Yield Bond Fund (“Target Fund”), which invests primarily^ in Asian high yield bonds.

The Fund offers several currency classes that are hedged against the Fund’s base currency, USD. The realised income for the other two currency classes are converted accordingly for distribution.

JAKARTA, Indonesia, Nov 17 (Bernama) — Economies around the world continue to make progress in simplifying and reducing the burden of tax compliance on businesses, says the latest edition of Paying Taxes 2017, a report by The World Bank Group and PwC.

Released today, the report finds that the Total Tax Rate decreased by 0.1 percentage points to 40.6 percent; time to comply declined by 8 hours to 251 hours; and the number of payments by 0.8 to 25 payments.

In an expanded analysis this year, the report finds that for some economies, post-filing processes for value-added tax (VAT) and corporate income tax (CIT) returns could be amongst the most challenging and lengthy processes for businesses to comply with. In some cases, the length of the processes can create cash flow and administrative delays for companies of more than a year.

SINGAPORE, Nov 17 (Bernama) — Piramal Realty, the real estate development arm of Piramal Group, is back in Singapore at the HDFC India Homes Fair 2016, the foremost real estate industry platform for Indian investors. Exhibiting two of its world-class residential projects in Mumbai, Piramal Realty will join sixty Indian developers across cities such as Mumbai, Bangalore, Chennai, NCR, and Pune, etc.

Scheduled to take place on November 19 and 20, the two-day exhibition will be held at Suntec Convention & Exhibition Centre, Hall 403, in Singapore. Visitors will have the opportunity to explore Piramal Realty’s upcoming projects in Mumbai – Piramal Aranya in Byculla, and Piramal Vaikunth in Balkum.

Team-One offers a single, persistent workspace that integrates team-centric messaging with unified communications and contextual intelligence

GAITHERSBURG, Md., Nov 17 (Bernama) — BroadSoft, Inc. (NASDAQ:BSFT), a global unified communication software as a service (UCaaS) leader, today announced the launch of BroadSoft Team-One – an all-in-one communications and collaboration application that integrates team-centric messaging with unified communications features such as click-to-call and live meetings. With Team-One, teams and individuals can be more productive with a single, persistent workspace where all of a team’s work and apps are in one place.

Today’s messaging applications manage just one aspect of work – communications, tasks, or content – leaving teams disconnected from real-time work conversations or separating them from the flow of work content and information. Team-One differentiates itself from today’s enterprise messaging apps through UC integration and contextual intelligence, so that all the tasks, projects, files, messages and notes a user needs are in one place, along with video conferencing, click-to-call, screen sharing and integrations with a growing list of business apps.

SHAH ALAM, Nov 16 (Bernama) — Entering its second edition, Pulau Indah 180 is still the country’s only 180km cycling event. To complete the 180km route is challenging enough; to make it more competitive, organizer Central Spectrum (M) Sdn Bhd (CSSB) introduces the Team Event Category for the 2017 edition, to be held on 15th January next year.

Being one of the most successful ride events in 2016 with 95% finishers from over 1000 participants including women category. Central Spectrum (M) Sdn Bhd and event manager Ciclista Sports Sdn Bhd, with the support of Majlis Perbandaran Klang is preparing for a bigger, more challenging event.