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The Forthcoming Launch of 4G Is an Opportunity to Turn Things Around for China Mobile
Nov 21, 2013For China Mobile executives, it seems like just yesterday that the mobile carrier was the only game in town. The company, the world’s largest mobile operator by subscribers, dominated the industry for most of the past decade. With ...
Tags: China Mobile, 4G Services
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CIMB Group Is Seriously Exploring Options to Divest Certain Stake in Indonesian
Sep 16, 2013Malaysia-based diversified financial conglomerate CIMB Group is seriously exploring options to divest certain stake in Indonesian life-insurance joint venture (JV), PT CIMB Sun Life, to leverage growth opportunities in Southeast Asia. ...
Tags: Life-Insurance, CIMB Mulls
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Sun Life Financial Forayed Into The Malaysian Insurance Market with The Launch
Aug 26, 2013Canada-based Sun Life Financial has forayed into the Malaysian insurance market with the launch of a new joint venture between Khazanah Nasional and CIMB Group Holdings to offer services in the country. Sun Life Malaysia Assurance and Sun ...
Tags: Sun Life, Insurance Market
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Shiny Urban Centers Risk Losing Their Shining Facades or Even Descending Into Slums
Jul 4, 2013China has built glittering metropolises in the span of roughly three decades of reform and opening. But in an equal span of time, shiny urban centers risk losing their shining façades or even descending into slums thanks to poor ...
Tags: City Centers, toxic combination
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MetLife, Manulife Are Understood to Be The Potential Bidders to Acquire a Major Stake
May 10, 2013Canadian group Manulife Financial and MetLife in the US are understood to be among the potential bidders to acquire a major stake in AmLife Insurance, the life insurance business of Malaysian bank AMMB Holdings. Sources familiar with the ...
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Sun Life Financial and Khazanah Nasional Have Completed The Acquisition of CIMB
Apr 16, 2013Canada-based Sun Life Financial and Khazanah Nasional in Kuala Lumpur have completed the acquisition of CIMB Aviva Assurance and CIMB Aviva Takaful after receiving regulatory approvals in Malaysia and Canada. CIMB Aviva Assurance is a ...
Tags: Sun Life, CIMB Aviva
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Sharemarket Jumped After Cyprus Reached in-Principle Agreement
Mar 26, 2013THE sharemarket jumped after Cyprus reached an in-principle agreement with the troika of international lenders on key parameters of a financial bailout, according to an EU official. Under the agreement, Cyprus' Laiki Bank would be split ...
Tags: economy
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Khazanah Nasional Are Planning to Acquire Life Insurer CIMB Aviva in Malaysia
Jan 15, 2013Canada-based Sun Life Financial and Malaysian investor Khazanah Nasional are planning to acquire life insurer CIMB Aviva in Malaysia, in a deal valued at MYR1.8bn ($596m). Both firms will jointly purchase 98% of the life insurer in order ...
Tags: life insurer, CIMB Aviva, financial services markets, insurance company
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Singapore Escaped a Technical Recession After The Economy Grew in The Fourth Quarter
Jan 7, 2013Singapore escaped a technical recession after the economy grew in the fourth quarter thanks to a boost from services, government data showed yesterday, but prospects for 2013 remain gloomy. The Ministry of Trade and Industry said that ...
Tags: Singapore, technical recession, GDP
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Nick Watney Had Joined Its Nike Golf Tour Staff
Jan 4, 2013Nike Golf announced that Nick Watney, currently ranked 20th in the world, has joined its Nike Golf Tour Staff. In a multi-year agreement, Watney will represent Nike Golf in clubs, ball, footwear, glove, apparel, headwear and accessories. ...
Tags: Nick Watney, Nike Golf Tour Staff, Nike Golf
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Aviva Has Shortlisted Prudential and Manulife From The Four Potential Buyers
Dec 4, 2012Aviva has shortlisted Prudential and Manulife from the four potential buyers, which were selected from a second stage of bidding for Aviva's insurance business in Malaysia. The Malaysian underwriting business of Aviva is expected to fetch ...
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Aviva and CIMB Have Requested Bidders to Submit Binding Bids to Acquire Their Malaysian
Dec 3, 2012The UK underwriter Aviva and CIMB have requested bidders to submit binding bids to acquire their Malaysian insurance joint venture by 29 October. Three underwriters including Prudential, Manulife Financial and Sun Life Financial are the ...
Tags: Aviva, CIMB, insurance, insurance product
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Aviva Would Protect Against Its Comparetively Higher Eurozone Exposure
Nov 29, 2012UK-based insurance company, Aviva is reportedly putting its South Korean and Sri Lankan businesses up for sale as part of its strategy to raise money to protect against its comparetively higher eurozone exposure. Reuters reported the ...
Tags: insurance, Aviva, insurance market, insurance business
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CIMB Group Is Planning to Dispose of 51% Stake in CIMB Aviva Assurance
Nov 29, 2012Malaysia based CIMB Group is planning to dispose of 51% stake in CIMB Aviva Assurance, the insurance joint venture (JV) formed in collaboration with the UK based underwriter Aviva. Sources familiar with the matter were quoted by Bloomberg ...
Tags: Cimb, insurance joint venture, aforesaid stake, stake
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NDRC Revealed That The Government Is Doubling The Surcharge for Solar and Other Renewables
Dec 2, 2011China’s National Development and Reform Commission (NDRC) has revealed that the government is doubling the surcharge for solar and other renewables from CNY0.004 to CNY0.008 per kWh. The tariff was raised to cover the premium that ...
Tags: Market View
