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SC: Be professional and ethical
THE Securities Commission has emphasised to financial planners the importance of adhering to professional and ethical standards in order to enhance the financial planning profession.
Focus on resilience, stability
THE focus of the banking sector this year will be on preserving resilience and stability and enhancing efficiency and effectiveness, thus contributing towards economic growth.
HSBC sees RM1b from unit trust
HSBC Bank Malaysia Bhd, which is one of the leading third party distributors of unit trust funds in the country, expects to rake in an additional RM1bil in unit trust sales by the year-end from the RM1.5bil it has achieved to-date.
PUTB growing fast in funds industry
FOR a company which ventured into the unit trust business hardly two years ago, Prudential Unit Trusts Bhd (PUTB) has fast gained prominence in the country#039;s mutual fund industry.
Foreign business briefs
Foreign business briefs including from Paris that Axa cuts dividend.
SC chief: Capital market grows despite challenging times
THE Malaysian capital market has continued to grow despite challenging times, Securities Commission chairman Datuk Ali Abdul Kadir said.
Prudential PLC shares skid on dividend worries
The stock of Prudential PLC skidded Tuesday after Britain's second-largest insurer posted a slight increase in 2002 profit but suggested it might halt dividend payments in 2003.
AKN Messagings great calling
THESE days seeing a person frantically punching on a keypad of a mobile phone, sending or receiving short messages via SMS (short messaging service), is quite common. The relatively low cost of using SMS and the speed at which the message can be conveyed make it an appealing alternative to making calls.
Dynamic growth again for Prudential
PRUDENTIAL Assurance Malaysia Bhd, considered by many in the life insurance industry as the fastest growing insurer in terms of new business is holding up well, going by its latest record-breaking sales performance.