Hong Leong Bank is a multifaceted financial institution that delivers an array of services to its customers. Its key activities span across retail banking, commercial banking, investment banking, asset management, and insurance.
Leveraging its strong presence in Southeast Asia, Hong Leong Bank is well-positioned to capitalize on growth opportunities within the region.
Hong Leong Bank is a prominent financial institution operating within the banking sector. As one of the largest banks in Malaysia, it holds a strong presence in Southeast Asia. The bank engages in various activities, which are outlined below:
1. Retail Banking:
Retail banking serves as the core segment for Hong Leong Bank. It caters to individual customers, providing a wide range of services such as savings accounts, current accounts, credit cards, loans, and wealth management products. The bank has made significant investments in technology to ensure convenient and accessible retail banking services for its customers.
2. Commercial Banking:
Hong Leong Bank addresses the needs of businesses through its commercial banking segment. It offers services including trade finance, cash management, and working capital financing. With a robust presence in key markets like Malaysia, Singapore, and Hong Kong, the bank provides tailored solutions to support the business requirements of its clients.
3. Investment Banking:
The bank operates a dedicated investment banking unit that caters to clients seeking capital raising, mergers and acquisitions advisory, and other corporate finance services. Hong Leong Bank's investment banking team collaborates closely with clients to deliver customized solutions that meet their specific needs.
4. Asset Management:
Hong Leong Bank boasts a strong presence in the asset management sector. It provides investment products such as mutual funds, exchange-traded funds (ETFs), and discretionary portfolio management services. The bank's asset management team is committed to delivering favorable returns to clients while effectively managing risk.
5. Insurance:
Hong Leong Bank maintains a dedicated insurance unit that offers a diverse range of insurance products. These encompass life insurance, general insurance, and takaful (Islamic insurance) products. By collaborating with multiple insurance partners, the bank ensures that customers have access to a broad selection of products tailored to their individual requirements.
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I want to sing, act in tv shows, or ghost hunt. What should I do?
(real life situation) please tell me!
Morris lest, inc. sold its delivery truck for $500 more than its book value. the sale will result in a(n) ______.
Morris lest inc. sold its delivery truck for $500 more than its book value. the sale will result in an increase in Net income on the income statement.
A business may try to cut costs or boost revenue in an effort to raise net income. Companies can reduce costs by buying fewer things, paying less for labor, or increasing production efficiency.
A corporation grows when it generates income because its net assets have grown. Even if a portion of the income is later paid out as a dividend to shareholders, the company has expanded due to its own operations.
A corporation's retained earnings, which are a component of stockholders' equity, rise when its net income is positive. Stockholders' equity and retained earnings will decline as a result of a net loss.
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How is international trade different from global trade?
international trade means a trade that done out side the country you living in even if you export things to your neighbor country it called international trade. for example usa to Mexico
but we use global trade to thing that done out side the continent for example Asia to Europe
what is one of the advantages of monetary policy over fiscal policy? group of answer choices the opportunity for broad political influence its control over the size of federal budget deficits it can guarantee an expansion of aggregate demand when needed the quickness with which it can be used
One benefit of monetary policy over fiscal policy is that financial, banking, and monetary policy experts, not politicians, make the decisions.
What advantages do monetary policies have over fiscal ones?Monetary policy expansion can raise company earnings while having little effect on GDP by increasing asset prices and lowering borrowing costs. In contrast to monetary policy, which attempts to promote economic growth, fiscal policy focuses on either total spending, the general makeup of spending, or both.
What sets fiscal policy apart from monetary policy?A central bank's actions with the goal of influencing the amount of credit & money in an economy are referred to as "monetary policy." The government's decisions about taxation and expenditure are referred to as fiscal policy, on the other hand. Both monetary and fiscal policies are used to hold down the economy over time.
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Ji-woo has a new credit card. She wants to use it for online shopping. What are three things that make this a poor choice
The three things that should make the poor choice:
The bill are paid after the due date that affect the credit score. There is overspending. The credit card is used for the unknown website due to which the chances of fraud are increased.In this way, these 3 things make the poor choice.
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What is the difference between needs, wants and demand
Needs are things that satisfy the basic requirement. Wants are requests directed to specific types of items. Demands are requests for specific products that the buyer is willing to and able to pay for.
Explanation:
:))
What are the 4 types of investments?
There are 4 essential funding types or asset instructions that traders can pick from: shares, property, cash, and stuck hobby.
Essential Types of Investments are -
Growth investments - These are more suitable for long term investors that are willing and ready to endure market high points and low points.Shares - Shares are viewed as a development venture as they can assist with developing the worth of your unique speculation over the medium to long haul.Property - Property is likewise viewed as a development speculation on the grounds that the cost of houses and different properties can rise considerably over a medium to long haul period.Defensive investments - These are more centered around reliably creating pay, instead of development, and are viewed as lower risk than development speculations.Cash - Cash ventures incorporate regular ledgers, exorbitant premium bank accounts and term stores.Fixed interest - The most popular sort of fixed interest investments are securities, which are basically when legislatures or organizations get cash from financial backers and pay them a pace of revenue consequently.Know more on types of investments - https://brainly.com/question/29549260
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What do you think Anielski means by the phrase
"a depletion of the social capital upon which an
economy depends"? Do you agree with him?
Answer: yes I agree the him
Explanation:
6. He is not a skilled worker. He
doesn't ............... much.
win
gain
earn
pay
afford
Answer:
earn .
He is not a skilled worker. He doesn't earn much.
Explanation:
He doesn't earn much.....
return-on-investment 35% average operating assets 80,000 minimum required rate of return 20% what is the
The annual residual income was most likely around $12,000.
How and why do you determine residual income?Because it is one of the numbers that banks and lenders consider before authorising loans, residual income is a crucial measure. It assists the institutions in determining whether a person makes enough money to cover his expenses and obtain a second loan. The money you have left over after paying your regular expenses like your mortgage, credit card bills, utilities, groceries, and auto payments is referred to as residual income. This additional cash can be used for investments, debt repayment, savings, or even a vacation fund.
ROI is calculated as Net Operating Income x Average Operating Assets.
0.35 = $80,000 less net operating income
$80,000 divided by 0.35 equals $28,000 in net operating income.
Net operating income minus (Average operating assets minus Required Minimum Rate of Return) equals residual income.
= $28,000 − ($80,000 × 0.20) = $28,000 − $16,000 = $12,000.
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According to the Small Business Administration, the percentage of businesses that
survive the first five years is about
Answer:
50%
Explanation:
A trust established by your will that becomes effective upon your death is called a(n) ____________ trust.
testamentary
living
irrevocable
revocable
Answer:
testamentary trust is the answer.
Answer: hello, your answer would be TESTAMENTARY
Explanation:
i just finished the test and got it right
If a company mistakenly counts less items during a physical inventory than actually exist, how will the error affect the cost of merchandise sold?.
The error will be declared as overstated.
What is overstated?
If an account or a figure on an account is inflated, the amount represented on the financial statement will be more than it should be.
Auditors will question the board of directors of the corporation to explain why non-current assets in the accounts were exaggerated and not represented at their recoverable amount.
Preproduction expenses for the fiscal year 2010 were inflated by almost $4 million, totaling $55.4 million.
If an account or a figure on an account is inflated, the amount represented on the financial statement will be more than it should be.
The phrase "overstated" has two meanings when used by an accountant:
1. The reported sum is inaccurate, and
2. The amount that was reported exceeds what is true or accurate.
Another account will also have an inaccurate balance in a double-entry accounting or bookkeeping system.
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If a company mistakenly counts less items during a physical inventory than actually exist, how will the error affect the cost of merchandise sold?
Federal Insurance Contributions Act (FICA) Group of answer choices Federal law that requires the joint contribution by employers and employees of the funds used for the Social Security system. Federal law that requires the contribution only by employers of the funds used for the Social Security system. Federal law that requires the joint contribution only by employees of the funds used for the Social Security system. Federal law that requires the joint contribution by employers and employees of the funds used for employees who are in injured on the job.
Answer:
Federal law that requires the joint contribution by employers and employees of the funds used for the Social Security system
Explanation:
FICA refers to the federal law that needs the contribution made by both employers and employees with respect to the fund used for the social security purpose. It main purpose to fund the social security and the medicare that provide the facilities for those people who are retired, disabilities and deceased workers children
So the first option is correct
According to Michael Porter, the reason many firms suffer margin-eroding competition is because they have defined themselves according to strategic positioning rather than operational effectiveness.A. TrueB. False
Answer:
False.
Explanation:
This statement is false, for Michael Porter for a company to remain competitive in the market, it must develop an effective strategy that allows it to remain superior to its direct competitors in the market, which are the three generic strategies, which are : cost leadership, focus and differentiation. For the author, companies that are effective in the development of these strategies will be successful in the market and achieve continuous improvement in all their processes, that is, the operational efficiency will be achieved with the improvement of the processes provided by the strategy, which maximizes the chance for organizations to remain competitive and well positioned.
Uma has been given the task of arranging for five-day conference for foreign delegates. In order to smooth functioning of the event, he has made two people as coordinators to take care of activities related to registration and refreshment. Identify the function of management being carried out by Uma. (a) Planning (b) Staffing (c) Organising (d) Directing
Answer:
(c) Organising
Explanation:
Personnel management can be defined as an administrative task or function which primarily involves the process of hiring employees and developing or training them to become beneficial and valuable for the growth and development of the company.
The main purpose and focus of personnel management is to provide a quality workforce necessary to successfully achieve the organizational set goals and objectives.
Organizing can be defined as a strategic process in which resources are assembled and human efforts are coordinated and then integrated into a unitary system so as to achieve organizational goals and specified objectives.
Generally, organising helps to create order in an organization by eliminating chaos, and work conflicts. Also, it enhances job specialization and responsibility sharing by creating an environment that is suitable for teamwork.
Thus, the function of management being carried out by Uma is organizing because he made two people coordinators to take care of activities related to registration and refreshment.
You are taking a $5000 loan. You will pay it back in four equal amounts, paid every 6 months starting 5 years from now. The interest rate is 12% compounded semiannually. Calculate: The effective interest rate The amount of each semiannual payment The total interest paid
Answer:
Following are the solution to the given point:
Explanation:
Calculating the value of the effective interest rate:
Formula:
\(\text{Effective interest rate} =\frac{\text{annual nominal rate of interest}}{\text{compound year}}\)
\(=\frac{12}{2} \\\\ =6\%\)
Calculating the value of Effective annual rate of interest:
\(=(1+ \text{The effective rate})^{\text{(compound number )}} -1\)
\(=(1+0.06)^2 -1\\\\=(1.06)^2 -1\\\\=1.1236-1\\\\=0.1236\\\\=12.36 \%\)
Calculating the Amount in each semiannual payment:
\(= 5000 \times (\frac{F}{P}, 6\% ,9) \times (\frac{A}{P}, 6\%,4)\\\\= 5000 \times 1.689479 \times 0.288591\\\\= 2437.85\)
Calculating the value of the total interest paid:
\(= 2437.85 \times 4 - 5000\\\\= 9751.40-5000\\\\ = 4751.40\)
When a company purchases equipment, what account is credited in the
journal entry for this transaction?
A. Sales
B. Equipment
C. Depreciation
D. Cash
Answer: Cash.
Explanation: Cash is credited in the journal entry, because the asset cash decreases. (I know, it seems backwards and it’s hard to wrap your brain around it.)
How can we apply accounting and bookkeeping in our daily lives?
______ equity measures how a job's pay rate varies from company to company, while _____ equity measures a job's pay rate compared to other jobs within the same company.
A) Individual: procedural
B) Procedural; Individual
C) External: Internal
D) Internal: External
Answer:
External equity measures how a job's pay rate varies from company to company, while Internal equity measures a job's pay rate compared to other jobs within the same company.
Explanation:
1) Internal equity describes how fair the job's pay rate is in comparison to other similar positions within the same company. For Example, is the marketing manager's pay fair compared to what the production manager is earning?
2) External equity describes how a job's pay rate in one company compares to the job's pay rate in other companies. How is the CEO's pay is company XYZ compares with the CEO's pay in company ABC.
(Figure: Sofas and Windows) In the PPF diagram, what is the opportunity cost of producing an additional window?
a. 4/5 of a window
b. 4/5 of a sofa
c. one sofa
d. 1 1/4 of a sofa
The answer to the question is (a) 4/5 of a window, as the opportunity cost of producing an additional window is equal to the amount of sofas that must be given up, which is 4/5 of a sofa.
To understand the opportunity cost of producing an additional window, we need to examine the slope of the PPF curve. The slope of the curve represents the trade-off between producing sofas and producing windows. The opportunity cost of producing an additional window is the amount of sofas that must be given up to produce that window.
Looking at the PPF diagram, we can see that the curve is concave to the origin, which means that the opportunity cost of producing one good increases as we produce more of that good. In other words, as we move along the PPF curve from left to right, the opportunity cost of producing windows increases.
To calculate the opportunity cost of producing an additional window, we need to look at the slope of the PPF curve at the point where we are currently producing. At point A on the PPF curve, we are producing 5 sofas and 4 windows. If we want to produce one more window, we would have to give up some sofas.
The slope of the PPF curve at point A is equal to the change in the number of windows produced divided by the change in the number of sofas produced. The slope is equal to -4/5, which means that for every additional window produced, we would have to give up 4/5 of a sofa.
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In the neoclassical model, low inflation is good because _________________.
Select the correct answer below:
it provides a better climate for government to increase spending
it provides a better climate for businesses to increase their prices
it provides a better climate for a healthy and growing economy.
it reduces the need for bank supervision and oversight.
In the neoclassical model, low inflation is good because it provides a better climate for a healthy and growing economy.
Neoclassical economics is a branch of economics that places emphasis on the study of how people, organizations, and governments make decisions concerning the allocation of resources, which include labor, capital, and goods.
The neoclassical model is built on the premise of supply and demand economics, which means that when there is a scarcity of supply, the price of the commodity will rise to the equilibrium point, and vice versa.
Inflation is an increase in the price of goods and services in an economy over time. Low inflation is good because it maintains a stable climate for a healthy and expanding economy, as mentioned in the neoclassical model. Low inflation helps businesses plan for the future by providing a more stable environment for investments.
It is also beneficial to consumers because it helps to maintain the purchasing power of their money. Government spending, on the other hand, is unaffected by low inflation in the neoclassical model, and hence the first option is incorrect, so the correct option is: it provides a better climate for a healthy and growing economy.
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The Code of Professional Ethics established by the American Institute of Certified Public Accountants states that accountants should be all of the following except a. honest b. outspoken c. independent d. objective
The Code of Professional Ethics established by the American Institute of Certified Public Accountants states that accountants should be all of the following except: b. outspoken.What is the American Institute of Certified Public Accountants (AICPA).
The American Institute of Certified Public Accountants (AICPA) is the world's largest organization for accounting and finance professionals, with over 400,000 members in 145 countries. The AICPA was established in 1887 to provide order to the US accounting profession and promote good practice. As an accounting professional, there are ethical standards and codes of conduct that must be followed in order to provide reliable and ethical accounting services and maintain the integrity of the profession.
The Code of Professional Ethics that was established by the American Institute of Certified Public Accountants states that accountants should be all of the following except outspoken. Being outspoken is not a necessary characteristic of a competent accountant. The other choices, honesty, independence, and objectivity, are required of all competent accountants.
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What is interpersonal?
Answer:
having the ability to relate to and connect with others
Joe and Andy are accounting assistants at a particular company. They have been asked by the management to make a decision about changing an accounting procedure. What is this aspect of accounting?
When accountants use financial data to make non-financial decisions on behalf of the company, it is known as ______ analysis
a. subjective
b. objective
c. relative
Answer:
Answers B
Explanation:
Just took the test
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What's the problem? I'd be happy to help you if you would be willing to specify what you need help with.
Word of mouth promotion is also known as what?
Answer:
Word-of-mouth advertising (WOM advertising), also called word of mouth marketing, is the process of actively influencing and encouraging organic word of mouth discussion about a brand, organization, resource, or event.
Explanation:
hope this helps, pls mark brainliest :D
Word-of-mouth advertising is another name for viral marketing.
What is Word-of-mouth promotion?The technique of deliberately influencing and supporting organic word-of-mouth talk about a brand, organization, resource, or event is known as word-of-mouth advertising (WOM advertising), sometimes known as word-of-mouth marketing.
A corporation can reach new audiences and establish a solid brand reputation by using word-of-mouth marketing. Businesses can enhance profitability, draw in new clients, and strengthen their bonds with current consumers by utilizing this distinctive and natural kind of marketing.
The type of rewards utilized has a significant impact on the effectiveness of word-of-mouth marketing. The employment of incorrect incentives to encourage customers or representatives to spread good word of mouth about goods or brands can have negative effects on a business, according to research.
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because information is costly to acquire, group of answer choices people will rationally choose not to become fully informed when making decisions. people will generally choose to become as fully informed as possible when making decisions. people will generally choose to acquire no information that would be relevant to their decisions. none of the above are true.
Because information is costly to acquire, people will rationally choose not to become fully informed when making decisions.
A major number of people do not like to spend money on information and other matters which they deem to be mere and petty. Their rational mind does not let them spend money on costly information.
Thus, due to the cost, many times, people make their decisions based on only assumptions. They do not want to acquire information because of the high price and thus make up their minds based on their own opinions or ideas about a particular subject.
They would never choose to pay the price and become fully informed about a topic before deciding on that subject.
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Which of the following is not a basic consumer right?
O The right to safety
O The right to be informed
O The right to a refund
The right to a healthy environment
Answer:
C
the right to be refunded
Explanation:
The correct option is, (C) The right to a refund.
Which of the following is a basic right of a consumer?The bill stated that every person has four basic consumer rights.The right to be informed, the right to choose, the right to safety, and the right to be heard.Which of the following is not a consumer right?The right to false information is not the right of consumers.
What are the 5 rights of a consumer explain?Consumer protections such as consumer rights push companies to create goods and services that are advantageous and secure for customers. The safety, information, choice, voice, and remedy are the five main consumer rights that we will identify and discuss in this session.Do consumers have the right to safety?Customers have the right to anticipate being protected from risky goods and services they purchase from the market, especially if they are used correctly for their intended purpose. The sale and distribution of hazardous products and services are prohibited, protecting consumers.Hence, The right to a refund is not a basic consumer right.
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When you or someone else buys clothing or items produced in a foreign country, who benefits?
Explain your answer.