Yvonne Tan

Recent and archived articles by Yvonne Tan

8 Dec 2018 | 7:00 AM

Keeping with the times

Maybank Singapore CEO says lender is conscious of the fact that if it does not evolve, it will basically ‘disappear.’

Lee: If we pay up, we will get the FDs but that will increase our funding cost ... we compete if we have to but what we want to do is be a bit more creative.
24 Nov 2018 | 7:00 AM

Foreign worker migration overhaul

THE management of foreign worker migration processes has long been a contentious issue largely because of many unnecessary layers and costs. Rendered helpless, the biggest victims are often the workers who, based on official data, already number more than a million in the country.

Billion-ringgit deals: Observers say the revamp of the foreign workers migration industry should not lead to a monopoly and that contracts should be given out in a transparent manner.
23 Nov 2018 | 7:00 AM

Another round of GLC shake-ups

PETALING JAYA: A fresh wave of change at government-linked outfits appears to be happening, with at least two chief executive officers (CEOs) being rumoured to leave their respective organisations in the near future

12 Nov 2018 | 7:00 AM

Foreign insurance listings off?

PETALING JAYA: Plans by overseas insurers to list their Malaysian units in order to comply with foreign ownership rules here, appear to be off.

13 Oct 2018 | 7:00 AM

AmBank ups investment banking ante

Smallish lender is confident it can punch above its weight with the right strategy

Transformation plan: Sulaiman posing with Soo for the interview. Sulaiman says AmInvestment wants to be top three in all areas within investment banking.
8 Oct 2018 | 7:00 AM

Khazanah to see foreign appointments

PETALING JAYA: State-owned investment arm Khazanah Nasional Bhd could see some foreign appointments to its board of directors as part of its strategy to tap on diverse expertise.

Sources say one of these appointments could be that of a Chinese national who is the founder of one of China’s largest artificial intelligence firms which also happens to have the backing of e-commerce giant, Alibaba.  It it materialises, the appointment would also largely be in line with Khazanah’s emphasis on Chinese investments, one source points out.
29 Sep 2018 | 7:00 AM

Spotlight on CIMB

What’s next for the banking group with Nazir’s impending departure?

The face of CIMB: Nazir has spent close to three decades at the banking group, with 15 of those years as CEO.
25 Sep 2018 | 7:00 AM

Nazir leaves CIMB after 29 years at Malaysia's 2nd largest bank

PETALING JAYA: It’s the end of an era for the country’s second-largest lender, CIMB Group, as its chairman Datuk Seri Nazir Razak, the face behind the group, will leave, effective Dec 31 this year.

Nazir’s announcement confirms a June 30 StarBizWeek article which stated that he was on his way out and the search for his successor had begun.  Nazir is the youngest brother of ex-prime minister Datuk Seri Najib Tun Razak, who was ousted in the recent general election and is now facing a string of corruption charges.
15 Sep 2018 | 7:00 AM

Fresh push for banking M&As

TWO decades since the 1997/98 Asian Financial Crisis (AFC), the regional banking landscape has changed much, especially in the last few years with the emergence of online and mobile banks, as well as peer-to-peer lending and payment practices.

12 Sep 2018 | 7:00 AM

More volatility ahead for Malaysian markets

PETALING JAYA: Investors should brace themselves for more volatility moving into the last quarter of the year as the ongoing global trade war and emerging market currency crisis dampen markets and sentiment.

Areca Capital fund manager and CEO Danny Wong says as overall sentiment remains fragile, emerging and Asian markets do look susceptible to further risk-off moods.  Nevertheless, Wong who handles more than RM1bil in assets and advisory for clients, said pocket of opportunities can still be found.