23 February 2022, Kuala Lumpur – Standard Chartered Malaysia has entered into an environmental, social and governance (ESG)-linked derivative transaction worth MYR251 million with one of Malaysia’s leading beverage manufacturers, distributors and marketers, Etika Group of Companies, marking the first such transaction executed by a homegrown fast-moving consumer goods (FMCG) corporate in Malaysia.
The structure of the transaction involves a pricing mechanism where a discount or premium will be applied depending on whether Etika achieves the pre-agreed sustainability-related key performance indicators (KPIs) that are tied to the greenhouse gas emissions intensity of the Etika Beverage Plant and Etika Dairy Plant. The KPIs are in support of Etika’s sustainability commitments to promote environmentally conscious practices within the FMCG industry.
UALA LUMPUR, MALAYSIA - Media OutReach - 21 February 2022 - Many have wondered how the domains of gold and crypto might intersect with each other. People may ask questions like "Is there any common ground?", "Does it have to be one over the other?" International Forex broker OctaFX will answer all these questions.
There appears to be regular competition between gold maximalists and their blockchain counterparts. The one side has its impenetrable record of history to its name. The other has technological innovation, progress, and huge gains to offer.
But with great gains comes great responsibility. If you lack the latter, you are in for a grim surprise, even permanent loss.
KUALA LUMPUR, MALAYSIA - Media OutReach - 18 February 2022 - The cryptosphere is rattling through a rough phase, to say it mildly.
Bitcoin reached its all-time high on 8 November with a price of 67,566 U.S. dollars and experienced a downtrend until recently. As of this writing, bitcoin has recovered to 42,458 U.S. dollars from a chilling 34,774 U.S. dollars (minus 48.53% from the previous all-time high), taking the entire altcoin market with it down this spiral. For some time, industry experts were beginning to expect a comprehensive bear market to unfold before turning bullish again.
Then again—from an investor's mindset—this is exactly what most should be waiting for. The famous investor Warren Buffet made expert use of the bear market that unfolded in 1973–1974 by buying assets while most market participators were in fear of acting.
