PTPTN: National Education Savings Scheme records RM118.4m investment profit in 1H 2020 | Malay Mail

  • 📰 malaymail
  • ⏱ Reading Time:
  • 20 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 86%

Nigeria News News

Nigeria Nigeria Latest News,Nigeria Nigeria Headlines

KUALA LUMPUR, Aug 13 — The National Education Savings Scheme (SSPN) recorded an investment profit of RM118.46 million for the first half of 2020, an increase of 19.66 per cent compared to RM99.00 million in the corresponding period of last year. According to the National Higher Education...

Thursday, 13 Aug 2020 12:31 PM MYT

According to the National Higher Education Fund Corporation , the increase in investment profit was supported by short and long term Shariah-compliant investment methods in the local money market that protect the principal while providing high and positive returns. As such, it has taken steps to identify effects from the pandemic on investments through periodic monitoring.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 1. in NG

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

More cash, less buzz for 2020 investment bank interns | Malay MailLONDON, Aug 11 — Buzzing trading floors, classrooms and networking drinks have been replaced by online projects, “hackathons” and fitness sessions for the class of 2020 investment banking interns. Goldman Sachs, Morgan Stanley, Barclays, JP Morgan, UBS, RBC and Citi have all held internships...
Source: malaymail - 🏆 1. / 86 Read more »

ByteDance in talks with India’s Reliance for investment in TikTok, reports TechCrunch | Malay MailSAN FRANCISCO, Aug 13 — China’s ByteDance is in early talks with Reliance Industries Ltd for an investment in its video-based app TikTok’s business in India, TechCrunch reported today, citing sources. The two companies began conversations late last month and have not reached a deal yet,...
Source: malaymail - 🏆 1. / 86 Read more »