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Business 07 May 2003 | 12:00 AM

Guidelines on general insurance promotion to be out soon

BANK Negara#039;s guidelines to administer financial advisors selling financial products as well as to promote and expand the general insurance market are almost ready, according to Second Finance Minister Datuk Jamaluddin Jarjis.

Business 04 May 2003 | 12:00 AM

Adapt to compete strongly, merchant banks told

It is critical for the country to have a strong domestic capital market that is not dominated by foreign players, said Commerce International Merchant Bankers Bhd (CIMB) chief executive and managing director Mohamed Nazir Abdul Razak.

Education 04 May 2003 | 12:00 AM

Expert knowledge on capital market

The pilot scheme, which is aimed at increasing the pool of graduates with skills and knowledge on the capital market, is one of the measures announced by Acting Prime Minister and Minister of Finance Datuk Seri Abdullah Ahmad Badawi as part of the Government's efforts to build a more efficient, resilient and competitive capital market.

Business 15 Apr 2003 | 12:00 AM

Affin plans to have a strong retail commercial bank: MD

AFFIN Holdings Bhd, which is ra-tionalising and streamlining its financial services operations, is in the preliminary stage of establishing a strong retail commercial bank and an investment bank.

Business 12 Apr 2003 | 12:00 AM

Minimum commission rates for stockbrokers set

TO prevent unhealthy competition in the stockbroking industry, the Association of Stockbroking Companies Malaysia (ASCM) has announced minimum commission rates for the industry.

Business 12 Apr 2003 | 12:00 AM

PFB shareholders okay merger with bank

PUBLIC Finance Bhd (PFB) shareholders have approved the proposal to take the company private and merge its operation with parent Public Bank Bhd.

Lifestyle 08 Apr 2003 | 12:00 AM

Disappearing greenery

The Sungai Buloh forest reserve in the midst of urban Petaling Jaya is being whittled away in the name of development. Local residents, concerned that one of the oldest forest reserves in the country may be turned into a concrete jungle, are campaigning for the green lung to be developed into a community forest park.

Business 01 Apr 2003 | 12:00 AM

SC unveils seven revised fund-raising guidelines

THE Securities Commission (SC) has released seven revised fund-raising guidelines to mark today's completion of the three-phase Malaysian capital market's transition to a disclosure-based regulatory (DBR) framework for fund-raising from the previous merit-based regulatory.

Business 28 Mar 2003 | 12:00 AM

Depositors get better protection

THE proposed deposit insurance system, on top of Bank Negara#039;s role as the lender of last resort, will add another dimension to depositors#039; protection, thus further strengthening the overall financial safety net in the country.

Business 28 Mar 2003 | 12:00 AM

New measures proactive

THE Association of Banks Malaysia (ABM) sees the new monetary and administrative measures announced by Bank Negara as further proactive steps towards maintaining economic growth, supporting business activity and implementing the Financial Services Masterplan.