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AmBank Group wins ‘Best SME Bank award’

KUALA LUMPUR: AmBank Group has been named the Best SME Bank award for Malaysia by UK-based financial portal and print magazine-based Global Banking & Finance Review.

Award-winning bank: Yap (left) and Sulaiman with the award. Sulaiman says the achievement bears testament to the bank’s commitment for excellence and the support rendered to our SME clients

Nephew of ‘King of Gambling’ Stanley Ho calls for STDM’s new controlling shareholders to settle HK$2 billion in unpaid share dividends


Michael Hotung urges controlling shareholder alliance of STDM to make good on dividend payments dating back to 2007 for shares owned by his late mother, Winnie Ho

Germany, China pledge to open markets, deepen financial cooperation

BEIJING (Reuters) - Germany and China on Friday signed agreements to strengthen coordination in banking, finance and capital markets, and pledged to further open market access and deepen cooperation to broaden economic ties.

Hong Kong’s smaller businesses think ‘we’re too small to be hacked’ despite hacking experience, insurer finds

About 70% of smaller businesses surveyed said they had been hacked or had data compromised, yet only about half carry cybersecurity insurance in city named a top hacking destination, insurer Chubb reports.

Chubb surveyed 300 of Hong Kong’s small and medium sized businesses and found that seven out of 10 said they had experienced a cybersecurity incident such as hacking or data loss in the past year. — SCMP

A leader focused on positive change

On his return to Malaysia and armed with an LLB (Hons), the young Tuanku Muhriz joined the workforce and began his career at a bank in Kuala Lumpur.

Tuanku Muhriz presenting duit raya to children at Istana Besar Seri Menanti in conjunction with Hari Raya in June last year.

‘King of Gambling’ Stanley Ho is sued by nephew for HK$2bil in unpaid share dividends


Michael Hotung claims his uncle, aunt and casino operator STDM owe dividend payments dating back to 2007 for shares owned by his late mother, Winnie Ho

Dominic Silva to join MIDF Amanah Investment as deputy CEO

KUALA LUMPUR: Datuk Dominic Silva (pic), former head of investments at sovereign wealth fund Khazanah Nasional Bhd, will be joining MIDF Amanah Investment Bhd as deputy CEO effective Jan 7, 2019.

In a statement, MIDF Group said Silva was a well-known corporate figure and had worked in the areas of banking, finance and investments, strategic management, business building and financial sector development, cross-border investing, risk and portfolio management, and corporate restructuring.

Ex-Khazanah head of investments Dominic Silva to join MIDF

KUALA LUMPUR: Datuk Dominic Silva, former head of investments at sovereign wealth fund Khazanah Nasional Bhd, will be joining MIDF Amanah Investment Bhd as deputy CEO, effective Jan 7, 2019.

India Incorporated depends more on foreign banks

Bond markets sputter and rupee funding dries up in tumultuous year

US prosecutor of Huawei’s CFO counts 1MDB fugitive Jho Low and Mexican drug lord ‘El Chapo’ among his high-profile cases


New US Attorney Richard Donoghue handling high-profile cases beyond Huawei’s CFO Sabrina Meng Wanzhou