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Michael Hague, the chief executive officer of RHB Bank Bhd, is believed to have tendered his resignation from the position but will stay on until the end of the year.
MAA Holdings Bhd expects its latestIsyariah /I>compliant life insurance product, I>Maaster Al-Umaah/I>, to attract sales amounting to RM20mil by year-end, group managing director and chief executive officer Tunku Datuk Ya#8217;acob Tunku Abdullah said.
London-listed Standard Chartered plc (StanChart), whose key markets are in Asia, said yesterday it is comfortable with market forecasts vis-a-vis its annual profit, despite the impact of the Severe Acute Respiratory Syndrome (SARS) outbreak and the Iraq war.
THE SMI Recognition Award Series 2003 would help small and medium-sized industries (SMIs) tap the global market, as the logo from winning the award would add value to their products, John Ying, a member of the awards working committee said.
THE cut in Bank Negara#146;s intervention rate by 0.5%, which results in a lower base lending rate, as set out in the recent economic package is expected to spur the demand for properties and further intensify competition among banks to offer attractive housing loan packages.