Economic Action Council Working Group called for a meeting this Saturday morning to discuss the impacts of FMCO and the National Recovery Plan as well as preparing for a presentation to the Right Honorable Prime Minister.
Our CEO, Mr Sven Schneider presented the concerns of the EU Bilateral Chambers, Companies and results of our recently conducted FMCO Impact Survey.
The European Commission has today, in its first NextGenerationEU transaction, raised a €20 billion via a ten-year bond due on 4 July 2031 to finance Europe's recovery from the coronavirus crisis and its consequences. This is the largest-ever institutional bond issuance in Europe, the largest-ever institutional single tranche transaction and the largest amount the EU has raised in a single transaction.
The bond has attracted a very strong interest by investors across Europe and the world, thanks to which the Commission has obtained very favourable pricing conditions, similarly to the repeatedly successful issuances under the SURE programme.
Congratulations to Adam Yee, President and CEO, Siemens Malaysia – as well as the team at Siemens Malaysia for its continued efforts with its outreach program to enable underprivileged students to participate in home-base learning.
Siemens Malaysia has donated more than 100 used laptops, desktop units and monitors to the Computer Empowerment Program (CEP), an initiative by the Medical Awareness Camp Outreach (MACO) that equips underprivileged students in the B40 community with access to digital devices for their e-learning needs.
