☕️ England's 3rd national lockdown had little impact on rising Covid-19 cases

Be careful - Whatsapp scam to hijack your account. Bitcoin critical bug that led to a 11% fall debunked. TNG e-wallet potential USD150mil fundraising - more freebies for users?

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1. MARKET SUMMARY


2. NUMBERS AT A GLANCE

91 billion pieces of gloves - annual production capacity of Top Glove Corporate Bhd.

13 million disturbing images were found on Facebook and Instagram in Q3 of 2020 alone — child sex abuse spiked by 31% in 2020.

150,000 a day for Covid-19 testing capacity the government is planning to increase from its current 70,000, though a time frame was not set for when this will be achieved.

RM155 - 165 billion - the amount RAM Ratings Services Bhd is expecting the Malaysian government to raise in bonds in 2021.


3. COVID-19 SUMMARY


4. IN MALAYSIA 🇲🇾

  1. MCO in six states and three federal territories will be extended until 4th of February 2021. The states are Penang, Selangor, Melaka, Johor, Sabah, Kelantan, and the Federal Territories are Kuala Lumpur, Putrajaya and Labuan. Meanwhile, eateries in the MCO states are allowed to operate until 10pm today onwards.

  2. TNG Digital Sdn Bhd (TNGD) which owns Touch ‘n Go e-wallet is looking to raise US$150 million to step up its presence in financial services. The fundraising is expected to give TNGD a lofty valuation of more than US$700 million (RM2.82bil).

  3. In a bid to remain afloat, AirAsia Group proposes private placement of RM454.5 million via issuance of 668.39 million of new shares which is approximately 20% of the company’s share capital.

  4. Malaysian Communications and Multimedia Commission (MCMC) has issued a statement to warn public about a potential scam involving WhatsApp. The scammers would trick victims into revealing their 6-digit verification code that’s sent form WhatsApp. This verification code would allow the scammer to log into your account

    When these scammers get access to your WhatsApp account, they can view and chat in groups you are in and impersonate you to ask friends or family members for money due to an emergency. Neat little guide from WhatsApp on scams below!

    1. Datuk Tan, the ‘slapping Datuk’ and his friend, have pleaded guilty to disturbing and assaulting customers and workers at a restaurant in Tropicana Avenue, an incident that went viral. They may face up to one year’s jail or a maximum fine of RM3,000, or both, on conviction with 12 Apr fixed for sentencing.


5. AROUND THE WORLD 🌎

  1. Bitcoin fell 11% after a report suggests a critical flaw in its technology called ‘double-spend’ may have occurred. This arises when a user is able to spend the same bitcoin more than once. However, this was debunked by one of the prominent Bitcoin leaders in the community, Andreas Antonopoulous, stating that the situation is a normal occurrence with a self-correcting mechanism built in since the very first day.

  1. SpaceX launched its seventeenth batch of Starlink satellites during its first mission of 2021. What’s more impressive? This was launched using a Falcon 9 rocket for the eighth time, which landed in one piece again.

  2. Trump did not attend Biden’s inauguration, but Trump left Biden a ‘very generous’ letter as described by Biden in the Oval Office. Biden said he needed to talk to Trump before sharing its contents with the public.  

  1. On the first day of his presidency, President Biden signed various executive orders to reverse his predecessor’s policies such as rejoining the Paris Climate Accord, cancelling the Keystone XL pipeline running from Canada to US, and repealing Trumps ‘Muslim travel ban’.

  2. England’s 3rd national lockdown showed little impact on the rising Covid-19 cases during the first 10 days of tougher restrictions according to a major study by Imperial College London. For Malaysia’s sake, let’s do our part as responsible citizens and make this MCO effective, and to be the last and final one for the nation. 

  3. Despite travelling plummeting due to the pandemic, TripActions, a software company that builds tools for businesses to book and manage corporate travel has raised its Series E round of USD155 million at a USD5 billion valuation led by their previous investors, Andreessen Horowitz, Addition Ventures and Elad Gil. According to the company’s spokesperson, corporate travel market is at ‘20% levels as of this month’, while growing 3% and 6% week-on-week. 

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