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Home > BFM > Digital Disruption: Lim Guan Eng Digital Solution is Astro Digital Problem
Podcast: BFM
Episode:

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

Category: Business
Duration: 00:10:09
Publish Date: 2019-03-26 06:40:00
Description:

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.

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