CATEGORY

Finance & Economy

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,...

The 2020 Economic Stimulus Package – Tackling the impact of COVID-19

The 2020 Economic Stimulus Package unveiled today introduces measures to mitigate the impact of COVID-19, encourage domestic economic growth and promote quality investments. To cushion...

Changing The culture And Mindset To Drive Transparent Corporate Reporting

According to the sixth EY Financial Accounting Advisory Services (FAAS) global corporate reporting survey, 79 percent of finance leaders have the data volumes to...

Easy Access To Micro-Financing For Local MSMEs

Micro, small and medium enterprises (MSMEs) contribute to more than a third of gross domestic product (GDP) with the figure expected to increase to...

Alliance Bank Plays Its Part To Ease The Strain Of COVID-19 Affected Clients

Alliance Bank Malaysia Berhad (“Alliance Bank”) joins an array of caring banks offering assistance to clients who have been financially impacted by the 2019...

2020 Investment Outlook For Different Personas

By Jon Chivers, Head of Wealth, Retail Banking and Wealth Management HSBC Malaysia 2019 saw dramatic surges in both equities and bonds. Total returns on...

EY TaxChat™ The First Direct-To-Consumer Tax Service Enters Global Market

EY TaxChat™, an on-demand mobile tax preparation service by a licensed EY professional who will prepare and file tax returns on the taxpayer’s behalf....

HSBC Malaysia Plays Host In Fostering Closer Ties Between Two Neighbouring Countries

Recently, HSBC Malaysia hosted the Singapore Economic Development Board (EDB) to foster closer economic ties between Malaysia and Singapore.  The event in collaboration with...

Malaysia’s Trade Surplus Continues To Grow

In 2019, Malaysia’s trade surplus continued to register double-digit growth for 3 consecutive years, widening by 11% to RM137.39 billion compared to RM123.78 billion...