US banking giant Citigroup Inc becomes the seventh foreign company to grant a stockbroking licence from The Securities Commission Malaysia (SC). However, it will be focusing its business model on foreign and domestic institutional business. Any variations to the business model are subject to the SC’s approval.
When you plan to buy a property for your own stay or investment. You may want to know repayment amount for your home loan. AmBank Home Financing Calculator will give you estimation prepayment amount that you need to pay in future for your home loan. The best still is prepare all needed documents and get consult from local bank financial consultant.
Here is the link:AmBank Home Financing Calculator
Based on Bank Negara Malaysia (BNM) statement, the international reserves of BNM as at 31st DEC 2009 amounted to RM331.3 billion (equivalent to USD96.7 billion). Compared to 15th DEC 2009, the international reserves had declined RM3.8 billion but in term of USD it had increased USD0.5 billion. This indicates the strengthening of RM against USD.
Public Bank Bhd and Bursa Malaysia Bhd won the Overall Excellence Award of the Malaysian Corporate Governance Index 2009 (MCG Index) for their achievements in practising the highest level of corporate governance standard. The new MCG Index serve as a premier index for investors to gauge corporate governance levels of public-listed companies in Malaysia.
Nestle (Malaysia) Bhd will replace Parkson Holdings Bhd to become the constituent in FTSE Bursa Malaysia KLCI (FBM KLCI) following the Kuala Lumpur stock exchange’s semi-annual review. The reviews ensure that the indices accurately reflect the markets they represent. FTSE group and Bursa Malaysia Bhd said that would take effect from tomorrow, 21st DEC 2009, and the next review would take place in JUN 2010.
The BrandLaureate Awards 2009-2010, the Grammy Awards for branding, will coming for the fourth edition next year. This event is launched by The Asia Pacific Brands Foundation (APBF), a non-profit organisation dedicated to the promotion and improvement of branding standards in Malaysia and the Asia-Pacific.
According to a valuation study conducted by Interbrand, Public Bank emerge as Malaysia’s most valuable brand for year 2009, with a value of RM6.593 billion. Public Bank overtook last year champion Maybank, which fell to second spot this year with value of RM5.374 billion, to grab top spot in the third anuual ranking of Malaysia’s Most Valuable Brands (MMVB), a league table that values the Top-30 consumer-facing Malaysian brands. In third place is CIMB, valued at RM5.245 billion.
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Have you ever red a letter from the most successful investor in modern history, Warren Buffett? If you are one of the shareholders of Berkshire Hathaway then you will have the chance to receive a letter from Warren Buffett each year, in which you can read about his taught and his investment in that particular year.
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The US billionaire, Warren Buffet gives tips on corporate governance. A corporate governance affects the way how a corporation (or company) is directed, administered or controlled.
Group managing director of Malaysian Resources Corp Bhd (MRCB), Shahril Ridza Ridzuan was honored as the Property CEO of the Year in the International Real Estate Federation (FIABCI) Malaysia Property Award 2009 yesterday, 16th NOV 2009. The Malaysia Property Award, dubbed the “property Oscars” by industry players, has been an annual affair since 1992 for key players of the real estate industry, which is presented by the FIABCI Malaysia, with Maybank as the official sponsor. The ceremony was graced by the Sultan of Selangor, Sultan Shahrafuddin Idris Shah Al-Haj.
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