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Business 10 Sep 2003 | 12:00 AM

Prudential aims to woo bumis

PRUDENTIAL Assurance Malaysia Bhd has embarked on a two-pronged approach to tap the local under-insured bumiputra market.

Business 11 Sep 2003 | 12:00 AM

News in brief

News in brief on Malayan United Industries, Mentiga Corp and Intan Utilities.

Business 02 Oct 2003 | 12:00 AM

Insurers’ capital requirement to be cut

Singapore plans to slash capital requirements for insurers by 60% next year to woo niche players into an industry battered by low interest rates and dwindling returns on portfolio investments.

Business 07 Oct 2003 | 12:00 AM

Prudential zeros in on bumis

THE company relied on the British for its early business, then the Chinese #147;towkays#148; for expansion, and now the Malays for continued growth.

Business 09 Oct 2003 | 12:00 AM

Foreign funds returning to KLSE

THERE are strong indications long-term foreign funds are already poised to return to the KLSE as both political and economic factors are favourable for their return, fund managers said as the KLSE Composite Index (CI) broke through the 750 barrier yesterday.

Business 04 Nov 2003 | 12:00 AM

Prudential shifts to higher gear in Asia

PRUDENTIAL Plc of Britain is to invest more money in its Malaysian operations as part of its plan to beef up its Asian operations, its chairman David Clementi said.

Business 04 Nov 2003 | 12:00 AM

Insurers can invest more funds in bond market

BANK Negara will allow insurance companies to invest up to 50% of their total assets in secured and unsecured assets by January, from 40% now, in a move to relax the investment limit under insurers#039; prudential framework.

Business 10 Nov 2003 | 12:00 AM

Zeti: Too early for global interest rate rise

THE global economic recovery is still too fragile for a round of rate tightenings, Bank Negara governor Tan Sri Dr Zeti Akhtar Aziz said.

Business 11 Nov 2003 | 12:00 AM

Noticeable switch in stocks and markets

FOREIGN funds have started to come to the local stock market albeit still at its early stages, said Prudential Asset Management (Hong Kong) Ltd head of marketing services Robert Rountree.

Business 11 Nov 2003 | 12:00 AM

Prudential sees brisk sales of latest fund

PRUDENTIAL Unit Trusts Bhd expects all 500 million units of its just-launched PRUdynamic fund to be fully subscribed within the week, said chief executive officer Mark Toh.