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Allianz gets approval to set up insurance asset management firm in China
SHANGHAI: Allianz said on Thursday it had obtained regulatory approval to set up China's first wholly foreign-owned insurance asset management company, as the German insurer steps up expansion in the world's second-biggest economy.
HSBC to take full control of Chinese Life Insurance venture
HONG KONG: HSBC Holdings Plc agreed to buy the remaining 50% stake in its Chinese life insurance venture as the Communist Party-ruled nation opens its financial markets, a sign Chief Executive Noel Quinn is pushing forward with a business overhaul even as he manages the fallout of the virus outbreak.
Malaysia poised to become Asia's business events hub
KUALA LUMPUR: Prime Minister Datuk Seri Najib Razak said the Economic Transformation Programme now included business events as part of its plan to establish Malaysia as Asia’s business events hub.
Najib: Malaysia aims to become Asia's business event hub
KUALA LUMPUR: Malaysia has targeted for business tourism to grow from 5% of total tourist arrivals in 2010 to 8% by year 2020.
Shape up, Liow tells staff
Overweight staff of the HealthMinistry have been told to shape up.Minister Datuk Seri Liow Tiong Lai said hewas concerned with the rise in obesity, a diseasedescribed as the 'entry point to all sickness'.