The UOB Group has reached an agreement to buy Citigroup’s consumer banking franchises in Indonesia, Malaysia, Thailand and Vietnam, Citi announced on Friday.
Citigroup results show restructuring has its costs thestar.com.my - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thestar.com.my Daily Mail and Mail on Sunday newspapers.
PETALING JAYA: While approved investments for the country improved last year, tighter monetary conditions and continued uncertainties amid the Covid-19 pandemic may pose challenges to foreign direct investment (FDI) flows into emerging markets, including Malaysia, in 2022.
KUALA LUMPUR: Malaysia’s total investment approvals rose 51.5 per cent year-on-year to RM177.8 billion in the period of January-September 2021 versus RM117.4 billion in January-September 2020, UOB Malaysia senior economist Julia Goh said.
KUALA LUMPUR: UOB Malaysia has launched U-Energy, the first integrated financing platform in Asia that aimed to drive energy efficiency for commercial and industrial businesses as well as residential property owners.