CATEGORY

Finance & Economy

Asian markets mostly up, dollar sinks on stimulus pledges

Asian equities mostly rose and the dollar extended losses Friday, with traders buoyed by government and central bank pledges to prop up the global...

HSBC goes above and beyond in its support for customers impacted by COVID-19

Following Bank Negara Malaysia's (BNM) guidelines, HSBC Malaysia (comprising both HSBC Bank Malaysia Berhad and HSBC Amanah Malaysia Berhad) is offering automatic moratorium for HSBC Malaysia’s...

Bank Negara Grants Six-Month Automatic Moratorium On Loan Repayments

In view of the Covid-19 pandemic, Bank Negara Malaysia (BNM) is providing measures to ease the financial constraints of individuals and small and medium sized...

Asian Markets Sink As Pandemic Deaths Soar

Monday 3/23/2020 - 16:35 UTC+8 Asian markets were hammered today despite massive economic stimulus efforts worldwide, with investors spooked by the relentless march of the...

ACO debuts on the ACE Market of Bursa Malaysia

ACO Group Berhad has debuted on the ACE Market of Bursa Malaysia Securities Berhad today. The stock is categorised under the Industrial Products and...

Private, online and hi-tech: the coronavirus economy

The coronavirus pandemic has sent stock markets into free fall and industries to the wall, however many firms enabling more private, online and tech-based...

Alliance Bank Extends Financial Assistance To Customers

This is a challenging time for everyone who are impacted by the ongoing COVID-19 pandemic. With this in mind, Alliance Bank Malaysia Berhad (“Alliance Bank”...

StanChart Global Research lowers Malaysia’s GDP growth forecast to 2.5 percent amid Covid-19 outbreak

The Standard Chartered Global Research team has lowered their 2020 Growth Domestic Product (GDP) growth to 2.5 percent from 4.2 percent in order to...

Covid-19 outbreak and movement restriction order places Malaysia in a tight spot, economically

Prime Minister Tan Sri Muhiyiddin Yassin’s two week Movement Restriction Order (MRO) in order to curb further outbreak of the Covid-19 virus will have...

HSBC Offers Liquidity Relief As Malaysians Face Challenges Economically

As businesses and individuals are facing challenging times amidst the Covid-19, HSBC Malaysia is extending liquidity relief assistance to its customers affected by the...

Hong Leong Bank Provides Financial Assistance To SMEs Affected By Covid-19

Hong Leong Bank Berhad (‘HLB’ or ‘the Bank’) is assisting its small and medium enterprises customers (SMEs) with financial aid to sustain their business...

COVID-19 Weighs In On Malaysia’s GDP Growth

According to ICAEW’s latest Southeast Asia report, economic growth in Malaysia is expected to slow to 3.7 percent in 2020 amid the COVID-19 situation...

HSBC Enhances Flexibility On International Transfers and Investments

For HSBC's customers who have investments overseas, children studying abroad and a love for travel, HSBC has enhanced the Global Transfer feature that allows...

Business Leaders Embracing Sustainability And Recognising Their Role In Achieving The SDGs

By Natalie Blyth, Global Head of HSBC’s Trade and Receivables Finance (GTRF)  Should a company’s responsibility begin and end with shareholders, or extend to customers, communities,...

6 Elements Defining Family Business

I feel strongly about writing on the concept of family wealth which can be linked to the notion of family office. However, before I...

NPLs To Rise For Malaysian Banks As Political Uncertainty Adds To COVID-19 Blow

S&P Global Ratings March 5, 2020 S&P Global Ratings said that it expects slower credit growth and a higher nonperforming loan (NPL) ratio for Malaysian...

Finance Transformation: The People’s Aspect

Digital technology is changing the way finance functions operate across the world, creating the need for a more agile, strategically capable workforce. Yet underinvestment...

Alliance Bank Aids SMEs Impacted With Covid-19 A Special Finance Facility

The immediate financing facility by Alliance Bank Malaysia Berhad (“Alliance Bank” or the “Bank”) available to small and medium enterprises (“SMEs”) impacted by the...

HSBC Amanah Provides Leading Edge Sustainability-Linked Financing

HSBC Amanah Malaysia Berhad (HSBC Amanah) reinforces its commitment towards a low carbon economy by providing Sustainability-Linked Financing (SLF) to support Yinson Holdings Berhad's...

Insurers Remain Resilient in Volatile Economy

According to the Life Insurance Association of Malaysia (LIAM), force premiums in Malaysia are generating growth and maintaining overall profitability. “Although we are observing growth,...