Maybank Marathon Raises the Bar in Bali 2020

7 Feb 2020 - ACN Newswire
Maybank Indonesia today announced the date for the ninth Maybank Marathon event in Bali, an world label road race event to be held this year on August 30, 2020. Registration opens on Feb 25 at 12:00 WIB on www.balimarathon.com. Categories of the competition are marathon (42.195 km), half-marathon (21.0975 ...
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Briefs

7 Feb 2020 - The Edge Markets
Quoteworthy: "You've waited 20 years, extending six months doesn't actually matter." — Malaysia's Anwar Ibrahim, on waiting beyond the initially agreed May deadline to take over as prime minister from Mahathir Mohamad. China to half tariffs on US goods from Feb 14 This Valentine’s Day, China will be ...
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Government to likely allocate $700m in nCoV relief packages

7 Feb 2020 - Singapore Business Review
The budget deficit could widen in FY 2020 along with increased government spending. The government is expected to allocate at least $700m in relief packages for businesses affected by the novel coronavirus, according to a Maybank Kim Eng report. This is comparable in share of GDP terms to the $230m package ...
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Market watchers roll back 2020 GDP forecasts as virus spread intensifies

6 Feb 2020 - The Edge Markets
SINGAPORE (Feb 6): Although the easing of US-China trade tensions was a signal of “green shoots” in a troubled global economy, the novel coronavirus (2019-nCOV) is now the latest threat to an economic recovery. As at Feb 6, the total number of confirmed virus cases in Singapore stands at 28. Seven of ...
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Economy to contract 1% in Q1 amidst nCov outbreak: analysts

6 Feb 2020 - Singapore Business Review
The manufacturing sector’s PMI will likely return to contraction in February and March. Singapore’s GDP will likely contract by 1% in Q1 compared to a year ago on the back of the novel coronavirus (nCov) outbreak and subsequent border control measures, reports Maybank Kim Eng. Maybank also downgraded ...
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Banks modest for Q4 2019 due to slow loan growth, weak NIMs

6 Feb 2020 - Singapore Business Review
But high FY2019 momentum should present higher dividends. The banking sector sees a moderate Q4 2019 with slow loan growth and weak net interest margins (NIMs) as dwindling interest rates reflect on asset yields, said a Maybank Kim Eng report. But positive momentum in FY2019 and sturdy capital levels ...
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Singapore's economy likely to be amongst the worst-hit by Wuhan virus

31 Jan 2020 - Singapore Business Review
Tourism-related sectors will be the most affected. Singapore is sighted to be amongst the most affected markets in ASEAN by the Wuhan coronavirus and will see growth downgrades as a result of its impact, reports Maybank Kim Eng. Amongst ASEAN countries, the report counts Thailand alongside Singapore ...
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Diversification to ease headwinds for Mapletree Logistics Trust

24 Jan 2020 - Singapore Business Review
Most of its tenants have been cautious on expansionary plans. Mapletree Logistics Trust’s (MLT) active asset management strategy to diversify its portfolio should help the REIT to remain resilient against an uncertain global backdrop, according to a report by DBS Group Research. MLT’s manager expressed ...
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Electronics exports to improve in 2020

20 Jan 2020 - Singapore Business Review
MAS is expected to maintain a slight appreciation bias for the $NEER in April. Singapore’s electronic exports are expected to improve in 2020, with a partial US-China trade deal likely to help revive global capex and exports, according to a Maybank Kim Eng report. Already, the purchasing managers’ index ...
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Data to determine success of Singapore digital bank aspirants

9 Jan 2020 - Singapore Business Review
Eight publicly known applicants want to focus on the country’s underbanked segment. The success of the digital banking applicants in Singapore will be determined by their depth, quality, and data accessibility, a Maybank Kim Eng report said. The Monetary Authority of Singapore received 21 applications. ...
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