[Finance News] For the financial year ended 31 December 2020, PETRONAS Dagangan Berhad (PDB)’s sound business strategy and financial prudence have supported the Company’s performance, recording a Profit Before Tax (PBT) of RM386.4 million. This is despite being faced by … Continue reading Petronas Dagangan Berhad Remains Profitable Despite Global Pandemic
[Finance News] Carlsberg Records RM162m Net Profit on RM1.8b Revenue for 2020 Pandemic Year Carlsberg Brewery Malaysia Berhad (the Group) posted a net profit of RM162.2 million on the back of a revenue of RM1.8 billion for the full year ended 31 December 2020 (FY20) as compared to same period for 2019. The lower net profit and revenue, by 44.3% and 20.9% respectively, was the upshot of a seven-week brewery suspension in Malaysia and several limitations imposed to on-trade businesses during the implementation of movement controls in Malaysia and circuit breaker in Singapore since March and April respectively. In addition, … Continue reading Finance News – February 2021
Hong Leong Bank Q1FY21 Results Announcement Hong Leong Bank Berhad announced its results for the first quarter ended 30 September 2020 (“Q1FY21”). “The environment which we operate in remains challenging, affected by the ongoing pandemic and cautious consumer and business … Continue reading Finance News – November 2020
[News] Prudential Assurance Malaysia Bhd (PAMB) and Prudential BSN Takaful Bhd (PruBSN) launched their partnership with Boost, the homegrown and leading lifestyle e-wallet, to digitize insurance payments in Malaysia using e-wallets, on 25 November 2011 at Prudential Tower TRX … Continue reading Prudential Malaysia Partners with Boost to Offer Customers a More Convenient and Secure Payment Method
[Finance News] AmBank Islamic Berhad Collaborates with Malaysian Green Technology Corporation in Support of Green Industry Initiatives AmBank Islamic Berhad (AmBank Islamic) is collaborating with Malaysian Green Technology Corporation (MGTC), also known as GreenTech Malaysia, as part of its … Continue reading Finance News – October 2019
[Finance News] Hong Leong Bank launched the HLB DuitSmart Initiative on 6 September 2019 at Menara Hong Leong in Kuala Lumpur with the aim to empower Malaysians with better financial knowledge this Malaysia Day. According to the Insolvency Department of Malaysia, there were more than 300,000 bankruptcy cases in Malaysia as of December 2018. As financial management is not part of the school syllabus, it’s not surprising that the number of cases is so high. A Hong Leong Bank and Hong Leong Islamic Bank (“HLB” or the “Bank”) survey on levels of financial literacy amongst Malaysians nationwide showed … Continue reading Hong Leong Bank Launches HLB DuitSmart
[Finance] We recently headed over to the “bubble tea street” in SS15, Subang Jaya on 21 July 2019 for Hong Leong Bank’s Bubble Tea Frenzy which was held in celebration of going cashless in conjunction with the bank’s Digital Day 2019 “Bye-Bye Cash, No Cash, No Problem” campaign (you read about HLB’s Digital Day campaign here – https://timchew.net/2019/07/04/hong-leong-banks-digital-day-2019/). Customers who either applied for a HLB Credit Card, registered for Hong Leong Connect (banking mobile app) or linked their HLB Debit Card/-i to WeChat Pay Wallet and followed HLB’s WeChat Official Account on Sunday, 21 July 2019 at HLB’s Bubble … Continue reading Hong Leong Bank’s Bubble Tea Frenzy
[Finance News] Headed over to Pavilion Kuala Lumpur yesterday afternoon for AmBank (M) Berhad’s (AmBank) launch of the AmBank UnionPay Platinum Credit Card. AmBank is the first local bank in Malaysia to partner UnionPay on a credit card collaboration with the AmBank UnionPay Platinum Credit Card that brings Malaysian travellers a whole host of benefits. I for one, am delighted to see a financial institution like Ambank provide products and benefits that bring value to their customers’ lifestyle, rather than being a huge cold organisation just focused on profitability. AmBank has had a strong partnership with UnionPay since … Continue reading AmBank Launches the Ambank – UnionPay Platinum Credit Card
[Finance] Hong Leong Bank Berhad (‘HLB’) launched of the bank’s third annual Digital Day on 2 July 2018 in Kuala Lumpur. HLB’s Digital Day campaign takes into account the growing customer adoption of its digital platforms by focusing on driving the country’s cashless movement forward by providing convenience as a core value within its entire suite of digital-led cashless ecosystem solutions for consumers and businesses. HLB revealed that 64.4% of its customers are now utilising digital and mobile platforms for banking transactions as of the end of 2018, an increase of more than 20% from the previous year, lending … Continue reading Hong Leong Bank’s Digital Day 2019
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