Financial advisory firms eye Singapore’s wealth

[ad_1] SINGAPORE: Financial advisory firms have sprung up to jostle with the big banks in serving the wealth market, including the mass affluent. Apart from independent financial advisory firms, there…

Malaysian-born Kimberly Ho breaks barriers with Evereden

[ad_1] INVESTMENT banker turned startup founder, Kimberly Ho (pic) never thought she would be involved in creating a skincare line in a foreign country, let alone for babies and children.…

US pushes chipmaker to block sales to China

[ad_1] NEW YORK: ASML Holding NV cancelled shipments of some of its machines to China at the request of US President Joe Biden’s administration, weeks before export bans on the…

Vedanta faces investor scrutiny over US$3bil bonds

[ad_1] MUMBAI: Vedanta Resources Ltd faces a moment of reckoning as Indian billionaire Anil Agarwal’s miner seeks approval for a proposal that could help it buy more time to honour…

Takaful Malaysia declares 14.00 sen dividend per share for FY23

[ad_1] KUALA LUMPUR: Syarikat Takaful Malaysia Keluarga Bhd(Takaful Malaysia) has declared an interim single-tier dividend of 14.00 sen per ordinary share, amounting to RM117.22mil for the financial year ended Dec…

Sime Darby seeks to expand car retail business

[ad_1] KUALA LUMPUR: Sime Darby Bhd, Malaysia’s industrial and automotive conglomerate, is looking to set up a luxury car retail business in India and expand in Indonesia to tap into…

Genting Malaysia net profit climbs to RM177.41mil in 3Q

[ad_1] KUALA LUMPUR: Genting Malaysia Bhd’s net profit soared to RM177.41 million in the third quarter ended Sept 30, 2023 (3Q FY2023) from RM11.38 million boosted by recovery momentum in…

Family office screenings in Singapore to face tougher checks

[ad_1] SINGAPORE: Wealthy families interested in setting up single-family offices (SFOs) in Singapore and wanting to tap tax incentives offered by the Monetary Authority of Singapore (MAS) will face stricter…

Astro appoints new CFO

[ad_1] PETALING JAYA: Astro Malaysia Holdings Bhd has appointed Dr Grace Lee Hwee Leng as its new chief financial officer (CFO) with effect from Jan 1, 2024. In a filing…

Malaysia’s non-life insurance sector outlook remains stable

[ad_1] KUALA LUMPUR: Global credit rating agency AM Best is maintaining a stable outlook on the Malaysian non-life insurance industry sector, citing expectations of solid premium growth and the maintenance…