Summary of business stories March 20-April 4

Investment opportunity for TNG eWallet users with GO+

PETALING JAYA: For as low as RM10, Malaysians can gain access to low risk money market investments with GO+, a new product from the Touch ‘n Go (TNG) Group.

Touch ‘n Go enters financial services

Its eWallet users gain access to the money market

Touch 'n Go launches GO+

KUALA LUMPUR: The Touch ‘n Go eWallet has entered the mainstream financial services sector by being the first e-wallet in Malaysia to launch an investment product, known as GO+.

Asset managers start the year on a high note

PETALING JAYA: Asset management firms appear to be witnessing encouraging growth as people look for various avenues to park their money amid the uncertain economic outlook brought on by the Covid-19 pandemic.The prevailing environment seems to bode well for such companies due to the low interest rates environment, among other factors.

Disrupting the status quo of financial services

THE Touch ‘n Go eWallet is the market leader in Malaysia with more than 15 million registered users and it has since set clear views on moving its infrastructure up a notch

Higher assets under management

KUALA LUMPUR: Principal Asset Management Bhd’s group assets under management (AUM) increased to RM92.6bil last year from RM88.1bil in 2019

Principal Asset Management’s AUM rises 5.1% to RM92.6b at end-2020

KUALA LUMPUR: The Principal Asset Management Bhd group recorded a 5.1% increase in assets under management (AUM) of RM92.6bil as at Dec 31 last year from RM88.10bil in 2019.

Rebound seen in corporate earnings

PETALING JAYA: Optimism over the Covid-19 vaccine developments and improving corporate earnings will continue to drive global equity markets including Malaysia in 2021, say analysts.

Paul Wong appointed CIMB Thai president and CEO

KUALA LUMPUR: Paul Wong Chee Kin has been appointed as president & CEO of CIMB Thai, effective Feb 1, CIMB Group said on Friday.