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Business 23 Feb 2021 | 7:00 AM

M&T Bank to acquire People’s United in a US$7bil deal

NEW YORK: M&T Bank Corp is set to acquire People’s United Financial Inc in an all-stock deal valued at more than US$7bil, according to a person familiar with the matter.

SME 25 Nov 2019 | 7:00 AM Premium

Indonesia among e-money drivers

INDONESIA is among the top drivers of e-money growth in South-East Asia alongside neighbouring Malaysia, Singapore, the Philippines and Thailand, according to an inaugural report commissioned by Standard and Poor’s (S&P) Global Market Intelligence.

Business 08 Jul 2019 | 12:00 AM Premium

S&P’s rating demonstrates confidence in Malaysia’s economic outlook

KUALA LUMPUR: The affirmation of Malaysia’s credit rating by Standard and Poor’s (S&P) last week demonstrates its confidence in Malaysia’s positive economic outlook, strong institutional profile, sound economic fundamentals and prudent debt management.

Nation 07 Jul 2019 | 10:42 AM Premium

S&P's rating demonstrates confidence in Malaysia's economic outlook, says Guan Eng

KUALA LUMPUR (Bernama): The affirmation of Malaysia's credit rating by Standard and Poor's (S&P) last week demonstrates its confidence in Malaysia’s positive economic outlook, strong institutional profile, sound economic fundamentals and prudent debt management, says the Finance Minister.

Nation 26 Jun 2019 | 4:57 AM Premium

We're not going bankrupt anytime soon, says S'wak Dep CM

KUCHING: Sarawak's budget does not depend on its reserves as it has steady revenue sources, says Deputy Chief Minister Datuk Amar Awang Tengah Ali Hasan, disputing Finance Minister Lim Guan Eng's prediction that the state could go bankrupt in three years.