Which performance improvement

- A + A KUALA LUMPUR (May 20): Caely Holdings Bhd’s net loss for the fourth quarter ended March 31, 2022 (4QFY22) shrank to RM9.29 million from RM23.46 million due to an improvement in property development cost on account of lower provision of impairment amounting to RM7.2 million. Loss per share shrunk to 3.61 sen from 5.57 sen, according to the lingerie maker’s bourse filing on Friday (May 20). Quarterly revenue slipped 17.09% to RM10.66 million from RM12.85 million, as the group saw buyers cancellation of sold 2 and 3 storeys shop lot amounting to a reduction in revenue of RM4.2 million. “[This was] partially offset by an increase in manufacturing sales of RM2.2 million or 18.1%, following the gradual opening of the economy arising from post-Covid-19 endemic recovery by various countries, (corresponding) to increase in sales,” it added. For the full year (FY22), Caely’s net loss also shrank to RM6.63 million from RM12.38 million, despite its revenue marginally … [Read more...] about Caely 4Q net loss shrinks on lower impairment of property development cost

Indian Overseas Bank MD and CEO Partha Pratim Sengupta Indian Overseas Bank Managing Director and Chief Executive Officer Partha Pratim Sengupta says the government has not approached the lender with a privatisation proposal although occasional media reports speculate about its sale. It has only been from such reports that Sengupta has got to know about the proposal, he said. In fact, the government has not even hinted that the bank will be privatized, Sengupta told Moneycontrol in an interview on May 20. Sengupta said the bank is aiming to grow its advances by 12% in the current financial year with secular growth across retail, micro, small and medium enterprise (MSME), corporate and agricultural loans. Edited excerpts: What is your growth outlook for FY23? The focus is that we should grow advances 12% year-on-year, that is our aim. So far, the credit off-take trend, I would say, is better than what we have seen for the similar period in the last financial year. … [Read more...] about Interview | Indian Overseas Bank MD says no communication from Centre on privatisation, ‘not even a hint’

RBI Governor Shaktikanta Das. The Reserve Bank of India (RBI) Governor Shaktikanta Das on May 17 and May 18 met heads of state-run and private banks to take a stock of credit growth and asset quality in the banking system in the wake of recent geopolitical developments, the central bank said. “In his introductory remarks, the Governor noted the key role played by the banks in supporting the economy throughout the pandemic,” the central bank said in a release on Wednesday. Das further stated that the banking sector has remained resilient and has continued to improve despite facing various headwinds. He also advised banks to remain watchful of the recent geopolitical developments and take mitigating measures proactively including raising capital for ensuring that the potential impact on their balance sheets is minimised. Governor Das also urged banks to pay specific attention to further improving their grievance redress systems and continue to provide the necessary support … [Read more...] about RBI Governor meets bank chiefs to discuss credit growth, asset quality

For many people, the July 4th holiday conjures up images of fireworks, barbecues, and a host of assorted social goings-on. For others, the long weekend presents a chance to take a break from the rigors of work, relax and rejuvenate. A recent study suggests that spending that break in a specific way may result in a few positive side effects that will boost your performance when you resume your daily routine; namely, better creativity , insight and problem solving . Researchers at the University of Kansas and the University of Utah have discovered that getting out in nature disconnected from electronic devices can lead to a 50 percent improvement on a creativity test. The study involved nearly 60 people taking multi-day wilderness hiking trips in four different states. No electronic devices were allowed on the trips. One group took a 10-item creativity test the morning before they began their backpacking trip, and another group took the test a few days later, at the end … [Read more...] about The One Thing to Do Over July 4th Weekend to Boost Your Creativity, Insight, and Problem-Solving

Share to Twitter Share to Linkedin By Alfredo Atanacio, co-founder UassistME.COM / Inc. 30 Under 30 2012 / AGLN Fellow. Working in the customer service department involves several tasks that need to be performed exceptionally. These could include answering inbound calls, figuring out the answer to a client's inquiry, processing payments, assisting returns and other probable services to cater to a client's needs. At the same time, while serving a client, staff must be able to provide this service in the best demeanor possible and express real, genuine concern toward them. Should a client become unsettled, the customer service representative should remain composed and calm to address concerns and issues. Based on my company's 12-year experience in customer service, these are the top five skills we find valuable in order to thrive in this position: 1. Excellent Communication Skills The primary task of customer service representatives is … [Read more...] about Top 5 Customer Service Skills To Encourage In Your Staff

Share to Twitter Share to Linkedin The key to better decision making is data. Effective leaders rely on data to make informed decisions and drive meaningful outcomes for their organizations. However, the process of unlocking data-driven insights is no small feat. Data doesn’t belong to individual departments—it’s an asset that benefits the entire organization. Advanced analytics requires the ability to access, manage, and combine data that’s stored in silos across the organization. As a result, multiple data formats and governance controls limit the accessibility and shareability of valuable information. Making better decisions means unifying data in a secure and well-governed way. Business leaders need to break down data silos, making all data securely available for analysis, regardless of where it lives in the organization. To make the most of data, organizations also need tools that empower individuals across the organization to interpret and … [Read more...] about Unlocking The Power Of Data: Making Better Business Decisions

Share to Twitter Share to Linkedin Bill King, PhD, Co-founder and Chief Scientist at Fast Radius . Over the past decade, 3-D printing has transformed from a hobbyist or prototyping tool into an industrial-grade production process, referred to as additive manufacturing. Today, additively manufactured parts are everywhere—from visually appealing consumer goods to the inner workings of automobiles and jet engines. Yet, many engineers and product designers who work closely with other manufacturing methods are still learning about additive technologies and how to sort out today’s very real opportunities from yesterday’s significant limitations. Until recently, many additive manufacturing technologies couldn't produce end-use parts. But now, the additive manufacturing industry has developed new materials, techniques and technologies to become a true competitor to more traditional manufacturing processes like injection molding and CNC machining. Still, … [Read more...] about What’s New In Additive Manufacturing?