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Overview
Financial Highlight
Headlines
Business Background Malayan Banking Bhd is a financial-services group with a mostly regional presence in the Association of Southeast Asian Nations. Maybank provides a comprehensive range of financial services under three key reporting segments, including community financial services, global banking, and insurance. The majority of its profit activities are in consumer, corporate, investment, transaction, retail, and business banking for mostly small and midsize enterprises. Much of Maybank’s business model is leveraged to distribute banking products to its key target market of Islamic clients.
  masterus The Australian bushfire season that began in September has been horrific with more than 7 million hectares of bush destroyed, more than 25 deaths, significant loss of livestock, estimates of more than a billion wildlife animals killed and more than 1800 homes destroyed. More than 200 fires are still burning. Following the intensification of the bushfires over the Christmas/New Year period attention has now turned to the impact on the economy. This note looks at the key impacts. The short-term impact on GDP and wealth 15/01/2020 3:12 PM masterus Physical disasters invariably cause a brief disruption to economic activity as measured by GDP followed by a boost as wealth destroyed by the disaster is rebuilt. In this sense measured across a year or so they are often seen as positive for economic growth, albeit this seems perverse particularly for those directly impacted. 15/01/2020 3:13 PM masterus The damage to property and wealth flowing from the bushfires will likely run into many billions. For example, the Victorian Black Saturday bushfires are estimated to have cost $4.4bn, whereas the current fires have covered an area 15 times bigger. So there will be a very big rebuilding boost to economic activity to come once the fires are brought under control. But the fires have been very widespread, have been going on for several months now and the crisis is continuing, so there will be a significant short-term negative impact and it likely will involve more than a short-term disruption to economic activity. 15/01/2020 3:13 PM masterus A bigger impact on economic activity is likely to come via a hit to consumer spending as the constant news of the fires and the smoke haze in several capital cities weighs on confidence. Australians were already very hesitant about the economic outlook after the slowdown in growth seen last year and continuing weak wages growth and high underemployment. A Roy Morgan survey released late last year found that 40% of Australians thought that 2020 will be worse than 2019, which is the worse reading since the early 1990s recession. At the same time a record-low 12% thought it would be better resulting in a net negative reading of 28% which is the worst in the survey’s 40-year history. 15/01/2020 3:19 PM tkl88 Wow, US-China signing first deal to end the trade war ! As at 12.20a.m, DJI traded at=> 29,075.98 (+136.31)(+0.47%) ! Like that tommorrow Maybank definitely will spike up to break RM8.80 already lah ! Huat ah! Heng ah ! Ong ah ! 16/01/2020 12:25 AM tkl88 Wow, US-China trade deal, bull market is coming ! As at 12.10a.m, DJI traded at=> 29,193.14 (+162.92) (+0.56%) ! Like that tommorrow probably will break above 9.00 liao! Huat ah ! Heng ah ! Ong ah ! 17/01/2020 12:12 AM Jaya Patience people For now just wait and take your dividend, you can’t go wrong 17/01/2020 9:23 AM  apanama Come on Maybank...go back to your historical low..RM 4.40..hehehehe..so Bursa FBMKLCI can reach 800 points..:) 21/01/2020 8:48 AM Jeffreyteck Will give full support at 4.40 but is quite unlikely. TP 7.80. If US crash, 6.50. 21/01/2020 5:17 PM  ray1980 Rates cut unexpected,that mean our country economy GG already...,second half 2020 have one more opportunity to rates cut 22/01/2020 3:33 PM  Vin Cullen If think positive.. OPR decrease.. More buyer will appeared :D and Fixed deposit decrease as well... Big shark will tranfer their money from bank into Stock market 22/01/2020 5:06 PM JacLow Dont worry...all is well..economy all good..shopping mall all full..restaurant all pack..road all jam.. 22/01/2020 10:21 PM apanama Come on MAYBANK..go to RM 4.40..so FBMKLCI can touch 800 points...or even 261 point like 1998..:) 23/01/2020 8:42 AM icecool 1998 is asia financial crisis this time many precaution taken early maybe no crisis just a small dip 23/01/2020 9:38 AM mikeymouse Rilek ah, many just panic sell. Recovery will happen way faster than you think. 23/01/2020 10:17 AM apanama i am agreed with you Jeffrey..but i put much lower..RM 7.50 for Maybank...then ..RM 4.40..hehehehehe.. 23/01/2020 11:18 AM apanama Dont forget Rat Year 2008..Maybank fall from RM 9.48 to RM 4.42..heheheh.. 23/01/2020 11:27 AM  Aristocats Posted by dragonslayer > Jan 21, 2020 2:03 PM | Report Abuse Aiyo...2020 .my CNY fengshui zodiac cakap...beware of stranger...lol...not good lah...so..I will only aim for kfc...in order not get conned by stranger want me mati...lol..wakakaka...kikiki DragonSlayerMati Hello to all here, This dragonslayer is very dangerous. He went to suspend my account even though I obeyed i3 forum rules. THIS DRAGONSLAYER IS VERY DANGEROUS. HE OPERATES AT THE BACK TO SUSPEND ACCOUNT WHICH HE DIDN'T LIKE. I no scare of dragonslayer because... Which I keep His secret. I tell him this, dragonslayer will be lucky if he is lucky this year. Hahaha. 21/01/2020 1:42 PM See dragonslayer posted the above message.... Hello RED FAT RAT 2020Kg, Hello RED FAT RAT 2020Kg, Hello RED FAT RAT 2020Kg, Hello RED FAT RAT 2020Kg, 23/01/2020 11:43 AM leslieroycarter Malaysian premier bank too suffered in this bad n depressed market . Govt should do something or else foreign buyers collecting cheaply out of our desperations. 23/01/2020 12:19 PM t_nike2002 Affin Hwang Investment Bank Bhd said banks with a greater proportion of variable-rate loans against fixed-rate schemes like Alliance Bank, CIMB Group Holdings Bhd and RHB may see a higher adverse net profit impact from BNM's OPR cut due to immediate repricing effects of the variable loan rates. However, AMMB Holdings Bhd, Hong Leong Bank, Malayan Banking Bhd and Public Bank Bhd may see minimal impact on earnings under an interest rate cut scenario, Affin Hwang said in a note today. 23/01/2020 3:01 PM  dragonslayer Aiyo mynah..why you come here looking for me...I was wtg for you at ekovest leh...ho back ekovest lah...still losing to roger kah...roger better luck than you leh...you cant beat roger lah..so..join roger lah..can save you few pennies if you listen to him earlier leh...judi pun mau ada ego kah...lose until you lose your pants leh....ekovest more like goreng stock lah...after goreng...back to square one lah....lol...aiyoyo...kikiki 23/01/2020 4:10 PM foo Banking, finance products and services upgradable with 5G, says report KUALA LUMPUR (Jan 20): Mobility will be a game-changer in the banking and financial services industry, as products and services can be upgraded on all three of 5G’s new capabilities. This is according to a report prepared by the National 5G Task Force (5G Task Force) under the stewardship of the Malaysian Communications and Multimedia Commission (MCMC) released on Monday. "By leveraging 5G's ultra-reliable low-latency communication (uRLLC) and enhanced Mobile Broadband (eMBB) capabilities, financial institutions can deliver a seamless digital banking experience to customers, and enable access to banking activities from anywhere, either via real officers or with robo-advisors (automated, algorithm-driven financial planning)," it said. The Task Force added the 5G capabilities will also prove irresistible in mobile trading, as improved access to financial services grants more Malaysians opportunities to grow their business, facilitate trade and increase access to financial services. Health and life insurers will also be able to make more informed and precise decisions with 5G-enabled data sharing, it said. "Therefore, the banking and finance sector will benefit from all three of 5G’s capabilities. uRLLC will enable real-time response and control, eMBB will enable lightning-speed data rates, and massive Machine-Type Communications (mMTC) will enable robust connections between a large number of devices," according to the report. 23/01/2020 4:49 PM  |
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