Knowledge-based economy key for Malaysia to reach developed nation status
PETALING JAYA: As Malaysia approaches its 63 year of independence, it needs to continue its transformation towards becoming a knowledge-based economy to achieve its status as a developed nation, according to Asia Pacific Investment Bank (APIB) CEO Chris Wang. He stated that the country’s economic development has been stable compared to its Southeast Asian peers […]
Three-pronged strategy to revitalise economy post-pandemic
KUALA LUMPUR: Malaysia needs to widen its fiscal deficit target, tap into the capital market for financing and attract foreign investments to revitalise the economy after the Covid-19 pandemic, China’s Labuan-registered Asia Pacific Investment Bank (APIB) says. Its managing director of the investment banking department at APIB, Adam Ho said this three-pronged strategy was crucial […]
APIB aims to cooperate with domestic financial institutions to promote Islamic finance industry
KUALA LUMPUR, Aug 17 — Asia Pacific Investment Bank (APIB) aims to cooperate with domestic financial institutions to promote the internationalisation of the Islamic finance industry. APIB chief executive officer Chris Wang is confident that APIB could be the bridge that connects Malaysia and China. “Being an offshore Islamic bank with a Chinese background, we […]
Turkey wealth fund sees Malaysia, Singapore as model as it eyes growth in Asia
KUALA LUMPUR (Aug 13): Turkey’s sovereign wealth fund is now looking for growth in Asia, as relations with the West suffer, with its chief executive officer (CEO) Zafer Sonmez describing Malaysia’s Khazanah Nasional Bhd and Singapore’s Temasek Holdings as models for the fund and “J-curve growth”. Sonmez helms the Turkey Wealth Fund (TWF), and has […]
No let-up in Mida’s promotion efforts to attract quality investments
KUALA LUMPUR, July 2 — There is no let-up in investment promotion efforts carried out by the Malaysian Investment Development Authority (Mida) headquarters and its 20 overseas and 12 regional offices to entice quality investments from their areas of coverage despite the flagging economy due to Covid-19. Mida, which is the government’s principal agency for […]
Re-Writing The Wealth Management CEO’s 2020 Playbook
With historically dramatic swings in economic and market conditions taking place this year, leaders of wealth management firms have been forced to re-evaluate their objectives, priorities and plans for growth. Repeatedly. At first, a defensive approach was a natural strategic response after equity markets started the year with their worst quarter in roughly […]
APIB visits MDEC
Chairman of APIB, Mr Liu Xuming visits Chief Operating Officer of Malaysia Digital Economy Corporation Sdn. Bhd. (MDEC), Dato Ng Wan Peng.
Former Minister of Transport of Malaysia visits APIB
Deputy Director of Jiangsu Provincial People’s Congress, Mr Liu Handong accompany the former Minister of Transport of Malaysia
Labuan FSA issued Digital Bank License to Asia Digital Bank
Director-General of Labuan FSA, Mr Danial Mah Abdullah is officially handing over the Digital Bank License of Asia Digital Bank to the Director of Nanjing Local Financial Supervision Bureau, Mr Liu Yongbiao.
APIB signed MoU with Nanjing Digital Finance Industry Research Institute, Bank of Jiangsu, and Ripple
Chairman of APIB, Mr Liu Xuming signed MoU with the Dean of Nanjing Digital Finance Industry Research Institute, Mr Jiang Guoqing