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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.
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.
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.
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.
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.