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Podcast  >  Morning Run  >  Morning Brief  >  Digital Disruption: Lim Guan Eng Digital Solution is Astro Digital Problem

Digital Disruption: Lim Guan Eng Digital Solution is Astro Digital Problem

The Morning Run Crew

27-Mar-19 08:45

Digital

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

Tags:  astrobroadbandpiracycashlessbank negaralim guan engFinancial ServicesGovernment/Regulatory/Policy MakingEconomy, MarketsPersonal FinancePolitics, News, Current Affairs

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