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NEWS UPDATES Asean Affairs   26 August 2013  
Maybank IB eyes Cambodia, Laos capital markets

KUALA LUMPUR: Maybank Investment Bank Bhd (Maybank IB) plans to leverage on its parent, Malayan Banking group's presence in Cambodia, Laos to penetrate their capital markets there.

Maybank IB chief executive officer Tengku Datuk Zafrul Abdul Aziz said on Monday he was looking at organic growth for the investment banking business in the two countries.

Speaking to reporters after the launch of Maybank IB's fifth branch at Mutiara Damansara, he said: "We are still doing preliminary studies on these two markets. As they are frontier markets, we are definitely growing organically."

Maybank 12 branches in Cambodia and one branch in Laos.

Tengku Zafrul also launched its Powerbroking and M2U Mobile Apps on the Android platform.

Equities regional head managing director Ami Moris expected 25% to 30% revenue growth from its online and mobile contributions.

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This year in Thailand-what next?

AseanAffairs   04 January 2011
By David Swartzentruber      

It is commonplace in journalism to write two types of articles at the transition point between the year that has passed and the New Year. As this writer qualifies as an “old hand” in observing Thailand with a track record dating back 14 years, it is time take a shot at what may unfold in Thailand in 2011.

The first issue that can’t be answered is the health of Thailand’s beloved King Bhumibol, who is now 83 years old. He is the world's longest reigning monarch, but elaborate birthday celebrations in December failed to mask concern over his health. More






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