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AMMB posts Q4 earnings of RM280m, Div 10.5 sen
KUALA LUMPUR: AMMB Holdings Bhd posted earnings of RM280.02mil in the fourth quarter ended March 31, 2016 and rewarded shareholders with a dividend of 10.5 sen a share and cautioned about a slower growth for the banking sector.
New challenges for new team
The challenges facing the new MCA leadership are more complex than those faced by Datuk Seri Dr Ling Liong Sik when the latter tookover the helm,argues DR HENG PEK KOON. Globalisation and Islamic resurgence present Malaysian Chinese with new vulnerabilities.
Folks live in the shadow of war
It was probably a regular exchange but the clatter of American M-16 against the Russian-made AK-101 automatic riffles were enough to create a terrible fear in a wooden hut here.
The free lunch in investment ... revisited
WE highlighted two weeks ago that portfolio optimisation can be perceived as the #8220;free lunch in investments,#8221; as you gain additional expected returns without taking on more risk or by minimising risk for a given level of expected returns. In order to fully appreciate the optimisation concept, investors need to be familiar with concepts such as risk or volatility and risk-adjusted returns, asset correlation and the efficient frontier.
Penang to consider garbage disposal grinders
The Penang state is studying the possibility of having garbage disposal grinders for organic waste in every household or housing estate.
Merger to help local medical industry
THE China Medicine Material Group, which produces and sells traditional Chinese medicine, is to merge with the China National Pharmaceutical Group Corp (SinoPharm).
Foreign insurance news in brief
Foreign insurance news in brief including from Singapore that Standard Poor's Ratings Services has assigned I>BBB+/Ilocal currency counter-party credit and insurer financial strength ratings to Thai Life Insurance Co Ltd, with a stable outlook.
Elba plans to expand share of mid-priced garments
ELBA Holdings Bhd#146;s business strategy for the next 2 years is to increase its market share of medium-priced garments in the country.