electronic transactions to increase competitiveness of business operators as well as creating the readiness and conducive environment for the use of cutting-edge digital technologies to enhance operating
own assets to create financial freedom.”Currently 26 business operators have been approved by SEC and it is expected that the number will increase respectively. The approved business operators can
capital to increase flexibility. The SEC has also reviewed the haircut rates used in calculating the net capital to align them with the current situations and cover risks associated with various instruments
establishment of new Type 1 property fund and existing funds? increase of scheme capital,? said SEC Deputy Secretary-General. # # #
agency?s rating at a lower cost. CRA reviews would stimulate performance improvement, increase SMEs reliability, enhance recognition from business partners and customers, and by extension, boost SMEs
, a rise of 7.3% year-on-year. The number of employers reached 11,249, an increase of 12.7%, while the number of employees was at 2.3 million, a rise of 8.6%. 3,338 members requested to maintain their
employee?s choice program (a 39.7 % increase over year-end 2010). In addition, the SEC is revising provident fund regulations to better suit the needs of fund members and prevent them from exposing to
their voting rights. DEMCO will gradually increase its holding in Aeolus from 8 to 27 percent whereby 35,135,134 newly issued Aeolus shares with a par value of B10 each will be subscribed at B37 per share
as alternative source for fundraising. Stronger local businesses contribute positively their communities by narrowing down income gap with increase in employment rate and income distribution as well as