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KUALA LUMPUR: Alliance Bank Malaysia Bhd posted net profit of RM103.99mil in its second quarter ended Sept 30,2020 compared with RM115.52mil a year ago mainly due to prudent higher reserves.
Fund has to juggle between being a retirement fund and an aid in times of crisis
AFTER a long time, Petroliam Nasional Bhd’s (Petronas) contribution to federal government coffers would see a steep decline.
KUALA LUMPUR: Federal Government revenue is expected to increase by 4.2% to RM236.9bil or 15.1% of GDP in 2021 underpinned by improving economic growth and business prospects.
Strong distribution, digital initiatives expected to lift insurer
BEIJING (China Daily/ANN): China will continue to be a magnet for foreign investment during the fourth quarter of the year, thanks to it being a key market and production base as well as innovation hub for many multinational corporations, said officials and experts.
German reinsurance giant Munich Re said Monday that it anticipates a boom in cyber-risk insurance in the wake of the coronavirus pandemic.