BY DALJIT DHESI Ng Keng Hooi (pic) made headlines when he became the first Malaysian to helm an international financial services group. He was recently picked to succeed Mark Tucker, another global insurance vateran, as group chief executive and president…
One of the most shocking prediction was made in 1980. The visually impaired old lady said: “when the new century rolled over, in August of 1999 or 2000, Kursk will be secured with water, and the entire world will be sobbing over it.”
The forecast did not bode well in those days. A quarter century, it appeared well and good. A Russian atomic submarine died in a mischance in August of 2000. The sub was named after the city of Kursk , which in no way, shape or form could have been secured with water.
BNM is not exactly sure how to deal with those queries put forth by the audience. We were not sure if those queries confuse BNM or BNM’s replies having confused the audience; ultimately they think going back to cardinal rule#1, just submit to BNM for us to eye-ball and we shall tell you if those products that were being mentioned were indeed have no infringement of the tariff and the spirit behind this roadmap….
The (BNM) Bank Negara’s Concept Paper on “PHASED LIBERALISATION OF MOTOR AND FIRE TARIFFS” is out, posted on their kijang-net portal and awaiting responses (until 29 April 2016) from insurance practitioners. I thought of highlighting what I could possibly see and decipher from the very “condensed” write-up. I would appreciate some feedbacks from you guys before I summarise some responses to BNM. By the way, I am not able to post the full concept paper here as the paper is not supposed to be for public viewing, nevertheless I should provide you with one if you have genuine intention to provide necessary feedback. Kindly provide me with the necessary info within the following contact form:
The festival traditionally begins on the first day of the first lunar month (Traditional Chinese: 正月; Pinyin: zhēngyuè) in the Chinese calendar and ends on the 15th; this day is called Lantern Festival. The first day of the New Year is known as Yuan Dan (Chinese: 元旦; pinyin: yuándàn (First Morning of the year), New Year’s Day, First Day (or Duan Ri).