International Finance

Tag : Malaysia

Economy

China slowdown is bad news for Asian countries

However, India bucks the trend, grows at a steady pace Suparna Goswami Bhattacharya December 9, 2015: Countries in Asia are facing a tough time as economy in China shows no signs of improvement. Though the slowdown is bound to impact the world as China has been one of the main engines of economic growth, the...
Finance Islamic Banking

The treatment of qard in takaful

The operator plays an important role that the management of a conventional mutual does not in the event of a periodic deficit Camille Paldi November 5, 2015: Takaful or Islamic insurance is a booming industry around the world. In fact, many Western insurance companies already engage in the takaful business in the Middle East and...
Economy

More concern about Chinese economy

Survey reveals uptick in late payment of B2B invoices October 23, 2015: Concern over China’s economic performance persists, causing a further downward revision of its 2016 growth forecast from 6.9% this year to 6.7% in 2016. Atradius survey shows an uptick in late payment of B2B invoices in China. This can have a knock-on effect on...
Finance Islamic Banking

Japan has Islamic finance in the pipeline

The sword exterior and chrysanthemum interior of Japan is quite conducive to the soft interior of Islamic finance Camille Paldi March 9, 2015: Japan is an emerging Islamic finance powerhouse and East Asian hub for the billion dollar Islamic finance industry. Naoki Nishida, President and CEO of Bank of Tokyo-Mitsubishi UFJ (Malaysia) Berhad, explains the...
Finance Islamic Banking

Only if you have a lot of time on your hands

Book review of ‘Takaful Investment Portfolios: A study of the composition of takaful funds in the GCC and Malaysia’ by Mehmet Asutay Camille Paldi February 16,2015: Takaful Investment Portfolios: A Study of the Composition of Takaful Funds in the GCC and Malaysia provides an explanation and analysis of the investments of takaful funds in the...
Islamic Banking

Three Malaysia banks announce merger

The combined entity will become South East Asia’s fourth largest commercial lender and Islamic bank IFM Correspondent October 14, 2014: CIMB Group Holdings Berhad, RHB Capital Berhad and Malaysia Building Society Berhad announced on October 9, 2014 that an application has been made to the country’s central bank seeking approval for its proposed three-way merger....
Business Leaders

Citi appoint new CEO for Citibank Malaysia

Lee Lung Nien will report to Citi’s head of Asean Michael Zink IFM Correspondent October 8, 2014: Citigroup has appointed Lee Lung Nien as the new CEO of its wholly owned unit Citibank Bhd. Lee will have overall responsibility for Citi’s franchise in Malaysia, including its institutional clients group, and the consumer banking, cards and...
Fintech

Trade Regionalism in the Asia-Pacific: New Game, Old Rules?

By Swarnim Wagle. 3rd December 2013 Negotiations over one of history’s most ambitious trade deals have taken another step towards defining the future of Trans-Pacific trade. The latest round of discussions on the Trans-Pacific Partnership (TPP) wrapped up this past weekend in Salt Lake City, Utah. Negotiators are believed to have made headway on a number of...
Fintech

Abu Dhabi link-up with Malaysia on investing

Aabar Investments, the Abu Dhabi Government investment vehicle, has helped to raise US$3 billion (Dh11.01bn) in funds in partnership with a Malaysian company to invest jointly in projects such as energy and property. Aabar Investments, the Abu Dhabi Government investment vehicle, has helped to raise US$3 billion (Dh11.01bn) in funds in partnership with a Malaysian...