Kuala Lumpur, 14 January 2021
The Trade Bureau platform of Experian Information Services (Malaysia) today announced the 2019 and 2020 Industry Debts Turned Cash (i-DTC) which measured payment data between 1Q 2019 to 4Q 2020.
i-DTC measures the average number of days companies take to pay their creditors after the invoice date. It is based on more than 500,000 payment records on business corporations and SMEs across a spectrum of industries facilitating a clearer picture of how fast companies are paying their creditors. In this study, the seven selected industries of construction, hospitality and food/beverage, manufacturing, retail, services, transportation and storage, and wholesale were examined.
Petaling Jaya, Malaysia, 14 January 2021 - Grab, Southeast Asia’s leading super app is collaborating with Panasonic Corporation on an integrated marketing campaign that aims to bring better in-car air quality and enhance overall in-car experience to GrabCar Premium users.
Through a fully-integrated campaign that combines GrabAds’ unique online and offline advertising solutions, Grab will turn 5,500 GrabCar Premium vehicles across four countries into mini-showrooms for Panasonic’s nanoe™ X generators. The nanoe™ X generator is an air purifier that cleans the air, and improves air circulation through Panasonic’s proprietary clean technology. Customers who travel on GrabCar Premium can have a chance to see and experience the nanoe™ X generator, a device compact enough to fit in a car cup-holder.
In the last ten months, Malaysian businesses have faced unprecedented challenges amid the COVID-19 pandemic. As we move to another phase of restricted movements, supporting our merchant community has never been more important.
As a homegrown company, we remain committed to safeguarding the livelihoods of our ecosystem of partners - drivers, delivery partners, merchants and community alike. With the new SOPs for businesses and eateries, we are initiating several support measures to help our merchant partners cope especially with the loss of dine-in customers, while ensuring the community still can access their daily needs safely, conveniently and affordably.
Despite a volatile and unpredictable 2020, it is always important to remember why investors choose to invest in REITs. While they certainly can offer the possibility for price appreciation (or depreciation), a stable and predictable income payouts through dividends has been the main historical source of return.
Chart 1: AP REITs historical payout2
Annual total returns of Asia ex-Japan REITs (2010 –2020 YTD)