DOCSLIB.ORG

PDF File, 4.7 MB

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
PDF File, 4.7 MB Annual Report 2020 Corporate Financials Additional Information 01 Vision 156 Directors’ Report 421 Other Information 02 The Business 166 Statements of Financial Position 432 Local & Overseas Branches 04 Awards & Accolades 167 Statements of Income • Form of Proxy 05 Hong Leong Bank Story 168 Statements of Comprehensive 07 Corporate Milestones Income 10 Chairmanʼs Statement 169 Statements of Changes in Equity 16 Five Year Group Financial 173 Statements of Cash Flows Highlights 179 Notes to the Financial 18 Group Managing Director/ Statements Chief Executive Officerʼs Review 365 Statement by Directors 32 HLB’s COVID-19 Response 365 Statutory Declaration 36 Management Discussion & 366 Independent Auditors’ Report Analysis 371 Basel II Pillar 3 Disclosures 73 Sustainability Statement 106 Corporate Information 107 Notice of Annual General Scan the QR Code by following these simple steps: Meeting 111 Statement Accompanying Notice of Annual General Meeting 112 Board of Directorsʼ Profile 116 Key Senior Management of the Get it Group Download the “QR Code Reader” app from Google Play (Android Market), BlackBerry 122 Board Audit Committee Report AppWorld, App Store (iOS/iPhone) or Windows Phone Store 125 Board Risk Management Committee (BRMC) Report Run it 128 Board Information and Run the QR Code Reader app and point your Technology Committee Report camera at the QR Code 130 Corporate Governance Overview, Access it Risk Management & Internal Get access to Hong Leong Bank Berhad’s Control Statement website CORPORATE FINANCIALS ADDITIONAL INFORMATION To be a Highly Digital and Innovative Financial Services Company Annual Report 2020 1 The Business In line with HLB’s ethos of ‘Digital-at-the-Core’ and brand promise of ‘Built Around You’, the Bank is well on the way to ensure that Digital Banking permeates all that we do, whether it’s with our product and service offerings to customers or the way we work internally and interact and transact with customers. Further, we are seeing traction on our endeavours to build a culture where the client is at the centre of everything we do. We do this by continuing to invest in new and more accessible technologies, leveraging on consumer collaborations, research and, insights to form an integrated banking platform with the aim of personalising solutions around customer needs. Through these efforts, the Bank is able to deliver a simple, seamless and straightforward banking experience delighting our customers with experiences and interactions with us that gives them the ability to take control of their finances and financial management. Hong Leong Bank Berhad (“HLB” or “the terminals. Wealth Management services at the right time. The essence of this Bank”) is a leading Malaysian financial are offered through branches in Malaysia, approach was very apparent during services institution which provides a Singapore and Hong Kong, in addition the peak of the COVID-19 pandemic wide range of products and services and to various Priority Banking centres in the countries where we serve its innovative financial solutions in Malaysia located throughout Malaysia and one in communities. In staying true to HLB’s and across the region. Singapore. ethos of being Digital-at-the-Core and building personalised solutions by HLB’s extensive branch network extends With vast changes and numerous having a deep understanding of our beyond Malaysian borders with one developments in the banking industry customer’s needs during these trying branch each in Labuan Offshore, Singapore and financial landscape as a whole, times, we were able to accelerate help and Hong Kong respectively, four there is a need to ensure that we can through technological engagements branches in Vietnam and seven branches continue to stay ahead of our customers’ that enabled swift delivery of products in Cambodia as well as a full-service call financial needs and ambitions so that and services to customers in a bid to centre and more than 1,000 self-service we can provide the right solutions help them recover and rebuild their HONG LEONG BANK’S KEY BUSINESS PILLARS ARE: Personal Financial Services Business & Corporate Banking Principal business activities include providing banking services Principal business activities include the provision of banking and financial products to individuals so that they can fulfil solutions to SMEs, commercial and corporate clients, such as their needs for property and auto financing, personal loans/ deposit and loan services covering business current account, financing for their periodic household needs, payment products liquidity management, auto-sweep as well as fixed deposit. to facilitate everyday spend, share financing, investment and Financing options available range from asset acquisition, working insurance to provide options to grow and manage their wealth capital, business expansion and business automation. HLB also as well as protect wealth for retirement and/or the next specialises in the provision of transaction banking solutions via generation, as well as deposits and remittance products and cash management, corporate internet banking platform, trade services to individuals and small businesses for their liquidity, financing and services and merchant payment solutions. savings and payment needs. 2 HONG LEONG BANK BERHAD CORPORATE FINANCIALS ADDITIONAL INFORMATION The Business businesses. Simultaneously, we were services, private wealth management has a branch and a transaction office, able to leverage on our technology and global markets. The branch is forging both located in Ho Chi Minh City and a infrastructure spend and upskilling ahead by expanding the client segments branch each in Binh Duong and Hanoi. of our employees, so that we could value proposition, expanding employee’s quickly adapt to the way we work, capabilities and stepping-up its digital CAMBODIA OPERATIONS and from where we work, ensuring transformation to enhance clients’ In July 2013, Hong Leong Bank (Cambodia) services and support to customers experiences and operational efficiency. PLC (“HLBCAM”) commenced operations remained uninterrupted even during the as a 100% wholly owned subsidiary lock-down and recovery phases put in HONG KONG OPERATIONS providing comprehensive financial place by governments to manage the The Bank’s Hong Kong Branch operates services covering consumer banking, spread of COVID-19. under a full banking license and provides business banking, global markets and global market and wealth management transaction banking services. With seven HLB’s digital ambition will continue to see services to its customers. We are also full-fledged branches located in Phnom us have a sharp focus on building around the first bank in Hong Kong to launch an Penh, HLBCAM’s primary customer customers’ needs so that we can deliver Islamic Banking service. Currently, we are focus is towards established SME and an ever increasing personalised approach developing a value proposition to service commercial/corporate customers, high to make every banking experience SME customers as we prepare to launch net worth individuals, affluent and with us easy, contextual, efficient and our SME business proposition in the new emerging affluent as well as tech savvy seamless so that we can delight them financial year. young professionals. constantly. VIETNAM OPERATIONS INVESTMENT IN CHINA Hong Leong Bank Vietnam Limited HLB was the first Malaysian bank to enter REGIONAL FOOTPRINT (“HLBVN”), a subsidiary of the Bank, the Chinese banking sector in 2008 with a In line with our growth strategy, HLB has commenced operations in October 2009. strategic investment in Bank of Chengdu been expanding its footprint in the Asian HLBVN is a full-fledged commercial bank Co., Ltd (“Bank of Chengdu”) and has region. in Vietnam whose principal activities an 18% stake in the company. Bank of include provision of retail loans, deposit Chengdu is a leading city commercial SINGAPORE OPERATIONS products, wealth management, and bank in Western and Central China HL Bank Singapore, the Singapore branch priority banking services to individuals. based in Chengdu, the capital of Sichuan of HLB operates under a full banking Whereas business banking solutions Province which is listed on the Shanghai license. We offer a comprehensive range include working capital and term loans, Stock Exchange. HLB also holds a 12% of financial services to business, retail deposit and liability management equity investment in Sichuan JinCheng and high net worth customers through products and trade finance services as Consumer Finance Company, a licensed our 4 core business segments – business well as foreign exchange (“forex”) and consumer finance firm established in & corporate banking, personal financial money market services. To date HLBVN Chengdu in March 2010. Global Markets Islamic Financial Services Principal activities include supporting our customers on their Islamic Financial Services are offered by Hong Leong Islamic Bank, investment and hedging needs through key treasury products a wholly-owned subsidiary of HLB which is focused on providing of Foreign Exchange, Fixed Income, Derivatives and Structured Shariah-compliant Personal Financial Services, Business and Products. Global Markets also prudently manages the Bank’s excess Corporate Banking and Global Markets products and services. liquidity and manages risks arising from customer transactions and payment flows. Annual Report 2020 3 HONG LEONG BANK BERHAD The Asset Triple A Digital Awards Euromoney Awards for Excellence Asiamoney Best
Load more

Recommended publications
  • Rituals of Islamic Spirituality: a Study of Majlis Dhikr Groups
    Rituals of Islamic Spirituality A STUDY OF MAJLIS DHIKR GROUPS IN EAST JAVA Rituals of Islamic Spirituality A STUDY OF MAJLIS DHIKR GROUPS IN EAST JAVA Arif Zamhari THE AUSTRALIAN NATIONAL UNIVERSITY E P R E S S E P R E S S Published by ANU E Press The Australian National University Canberra ACT 0200, Australia Email: [email protected] This title is also available online at: http://epress.anu.edu.au/islamic_citation.html National Library of Australia Cataloguing-in-Publication entry Author: Zamhari, Arif. Title: Rituals of Islamic spirituality: a study of Majlis Dhikr groups in East Java / Arif Zamhari. ISBN: 9781921666247 (pbk) 9781921666254 (pdf) Series: Islam in Southeast Asia. Notes: Includes bibliographical references. Subjects: Islam--Rituals. Islam Doctrines. Islamic sects--Indonesia--Jawa Timur. Sufism--Indonesia--Jawa Timur. Dewey Number: 297.359598 All rights reserved. No part of this publication may be reproduced, stored in a retrieval system or transmitted in any form or by any means, electronic, mechanical, photocopying or otherwise, without the prior permission of the publisher. Cover design and layout by ANU E Press Printed by Griffin Press This edition © 2010 ANU E Press Islam in Southeast Asia Series Theses at The Australian National University are assessed by external examiners and students are expected to take into account the advice of their examiners before they submit to the University Library the final versions of their theses. For this series, this final version of the thesis has been used as the basis for publication, taking into account other changesthat the author may have decided to undertake.
    [Show full text]
  • Hong Leong Bank Berhad
    March 6, 2018 Global Markets Research Fixed Income Fixed Income Daily Market Snapshot US Treasuries UST T enure C lo sing (%) C hg (bps) US Treasuries ended slightly weaker over a muted session with 2-yr UST 2.24 0 overall yields a mere 1-2 bps higher amid decent economic data 5-yr UST 2.65 2 by ISM. The curve bear-steepened slightly with the front end 2Y 10-yr UST 2.88 2 30-yr UST 3.15 1 (which is sensitive to Fed policy interest rate expectations) unchanged at 2.24% whilst the much-watched 10Y weakened MGS GII* pushing yields higher by 2bps at 2.88%. Meanwhile market T enure C lo sing (%) C hg (bps) C lo sing (%) C hg (bps) players will be following trade-related news as US President 3-yr 3.39 -1 3.55 0 Trump faces growing pressure following the imposition of tariffs 5-yr 3.59 0 3.85 0 7-yr 3.89 -1 4.05 0 on steel and aluminium products. Upcoming data includes the all- th 10-yr 4.01 1 4.19 0 important NFP figures out on 9 this Friday. 15-yr 4.44 0 4.58 0 20-yr 4.55 -3 4.78 0 30-yr 4.76 -1 4.96 0 MGS/GII * M arket indicative levels Local Govvies reversed the strong volume seen in recent M YR IRS Levels sessions with secondary market volume down at RM1.03b. IR S C lo sing (%) C hg (bps) Interest was mainly seen in the shorter off-the-run 21’s and 24’s; 1-yr 3.76 -1 Despite lower traded volume; benchmark yields were generally 3-yr 3.83 0 0-3bps lower.
    [Show full text]
  • 12 June 2018
    June 12, 2018 Global Markets Research Fixed Income Fixed Income Daily Market Snapshot US Treasuries US Treasuries ended range-bound within 0-2bps higher as UST market was able to digest the double-auction of UST$32b T enure C lo sing (%) C hg (bps) of UST3Y; averaging 2.664% and also $22b of UST10Y 2-yr UST 2.52 2 which averaged at 2.962%. The front-end was weaker 5-yr UST 2.80 1 ahead of the all-important FOMC meeting schedule for this 10-yr UST 2.95 1 Wednesday. Focus will also be on Trump-Kim meeting in 30-yr UST 3.09 0 Singapore today. Meanwhile UST Futures is reputed to spike on rumors of the sudden illness of Trump’s top MGS GII* economic adviser; Larry Kudlow. Even though another T enure C lo sing (%) C hg (bps) C lo sing (%) C hg (bps) 3-yr 3.70 -3 3.72 0 25bps rate hike in the upcoming FOMC meeting this week 5-yr 3.85 0 4.04 2 is a done deal in our view, markets are looking for more th 7-yr 4.03 0 4.18 0 clues if the Fed will deliver a 4 rate hike for the year. 10-yr 4.23 0 4.35 0 15-yr 4.62 0 4.72 0 MGS/GII 20-yr 4.90 1 4.84 0 30-yr 4.95 7 5.01 0 Trading momentum in local govvies maintained as total * M arket indicative levels volume of RM1.66b was largely due to some interest on the short-end 18-19’s mainly by offshore flows.
    [Show full text]
  • Hong Leong Bank Berhad
    June 8, 2021 Global Markets Research Fixed Income Fixed Income Dail y Market Snapshot US Treasuries • US Treasuries ended slightly weaker on Monday, a departure from last Friday’s rally following weaker-than-expected jobs data for UST May. Bond movements were seen lacking catalysts with limited Tenure Closing (%) Chg (bps) price action with the new auction cycle starting on Tuesday. Overall 2-yr UST 0.16 1 5-yr UST 0.79 1 benchmark yields edged between 1-2bps with the UST 2Y yield 10-yr UST 1.57 2 closing at 0.16% whilst the much-watched 10Y bond at 1.57%. 30-yr UST 2.25 2 Nevertheless, there was little to suggest that there were major fears over Fed tapering or even additional stimulus for now. The Treasury MGS GII* auction cycle this week comprises $58b 3Y new issue on Tuesday Tenure Closing (%) Chg (bps) Closing (%) Chg (bps) followed by $38b 10Y and $24b 30Y reopenings on Wednesday 3-yr 2.24 0 2.01 0 and Thursday. Elsewhere, the flood of cash continues to 5-yr 2.52 0 2.65 0 7-yr 2.98 3 2.94 0 overwhelm US dollar funding markets despite the mere offering of 10-yr 3.24 -3 3.30 0 0% rate on the Fed facility. Meanwhile, expect attention to shift to 15-yr 3.94 6 4.02 1 the US inflation data and ECB meeting outcome on Thursday. 20-yr 4.15 2 4.27 0 MGS/GIIl 30-yr 4.28 0 4.49 -1 * Market indicative levels • Financial markets were closed Monday due to the public holiday However last Friday, local govvies were slightly pressured going MYR IRS Levels into the long weekend; breaking the recent upward trend for the IRS Closing (%) Chg (bps) past several sessions with overall benchmark yields closing 1-yr 1.95 0 between 0-6bps higher save for the 10Y MGS and 30Y GII.
    [Show full text]
  • TM IAR2017 Sustainability Report Book 3.Pdf
    Caring Moments Sustainability Report 2017 Telekom Malaysia Berhad (TM) understands that life is made up of moments, and through its group of companies, strives to connect us 24/7; enabling us to share life’s precious moments with whomever we choose, whenever we choose. To do this well, the TM Group of Companies is sensitive to changes in the living environment of our stakeholders, namely our employees, customers, shareholders, investors and regulators among others. Because we care, much focus is given to the Economic, Environmental and Social sustainability of the nation. This Report gives an in-depth insight into the caring moments that TM Group of Companies places in these three interest areas. A Moment In Time All of us share this world for just a moment in time. And in our moment, it is how we spend it, and how we use it, that makes a difference to how the world is, and will be, in the future. As a leading national institution, TM has long recognised the value of sustainability. We are constantly pushing the boundaries of communications technology so we can make a positive impact and a positive difference on our economy, on our society and on our future. Contents A Moment of Your Time, Please... Chapter 1 : Our Sustainability Journey 6 About This Report 8 Message from Chairman, Group Chief Executive Officer & Deputy Group Chief Executive Officer 12 Facts at a Glance 13 Strategy at a Glance 14 What We Do 16 Membership in Associations 17 Our Achievements 18 Sustainability at TM 20 Our Sustainability Scorecard 21 Sustainability Governance
    [Show full text]
  • FTSE Publications
    2 FTSE Russell Publications 28 October 2020 FTSE Malaysia USD Net Tax Index Indicative Index Weight Data as at Closing on 27 October 2020 Constituent Index weight (%) Country Constituent Index weight (%) Country Constituent Index weight (%) Country AirAsia Group Berhad 0.16 MALAYSIA Hong Leong Bank 1.83 MALAYSIA Press Metal Aluminium Holdings 2.07 MALAYSIA Alliance Bank Malaysia 0.48 MALAYSIA Hong Leong Financial 0.66 MALAYSIA Public Bank BHD 9.5 MALAYSIA AMMB Holdings 1.1 MALAYSIA IHH Healthcare 2.99 MALAYSIA QL Resources 1.31 MALAYSIA Astro Malaysia Holdings 0.22 MALAYSIA IJM 0.87 MALAYSIA RHB Bank 1.3 MALAYSIA Axiata Group Bhd 2.49 MALAYSIA IOI 2.73 MALAYSIA Sime Darby 1.65 MALAYSIA British American Tobacco (Malaysia) 0.27 MALAYSIA IOI Properties Group 0.31 MALAYSIA Sime Darby Plantation 3.39 MALAYSIA CIMB Group Holdings 4.14 MALAYSIA Kuala Lumpur Kepong 2.05 MALAYSIA Sime Darby Property 0.38 MALAYSIA Dialog Group 3.3 MALAYSIA Malayan Banking 8.28 MALAYSIA Telekom Malaysia 0.93 MALAYSIA Digi.com 2.8 MALAYSIA Malaysia Airports 0.74 MALAYSIA Tenaga Nasional 7.53 MALAYSIA FGV Holdings 0.41 MALAYSIA Maxis Bhd 2.65 MALAYSIA Top Glove Corp 8.82 MALAYSIA Fraser & Neave Holdings 0.64 MALAYSIA MISC 1.9 MALAYSIA Westports Holdings 0.8 MALAYSIA Gamuda 1.48 MALAYSIA Nestle (Malaysia) 1.69 MALAYSIA YTL Corp 0.72 MALAYSIA Genting 1.34 MALAYSIA PETRONAS Chemicals Group Bhd 3.28 MALAYSIA Genting Malaysia BHD 1.11 MALAYSIA Petronas Dagangan 1.18 MALAYSIA Hap Seng Consolidated 0.93 MALAYSIA Petronas Gas 1.79 MALAYSIA Hartalega Holdings Bhd 5.25 MALAYSIA PPB Group 2.49 MALAYSIA Source: FTSE Russell 1 of 2 28 October 2020 Data Explanation Weights Weights data is indicative, as values have been rounded up or down to two decimal points.
    [Show full text]
  • Hong Leong Bank Berhad
    January 26, 2018 Global Markets Research Fixed Income Fixed Income Daily Market Snapshot US Treasuries UST T enure C lo sing (%) C hg (bps) US Treasuries reversed losses in earlier sessions by rallying as 2-yr UST 2.09 1 the curve bull-flattened amid strong 7Y auction which averaged 5-yr UST 2.42 -1 2.565%. Yields were generally lower by up to 5bps (save for the 10-yr UST 2.62 -3 30-yr UST 2.88 -5 2Y; sensitive to Fed policy interest rate expectations which nudged 1bps higher at 2.09%). The 5s30s spread resumed MGS GII* tightening by as much as 3bps. The much-watched 10Y moved T enure C lo sing (%) C hg (bps) C lo sing (%) C hg (bps) 2bps lower at 2.62%. The recent movement of yields; especially 3-yr 3.35 -2 3.54 0 the 10Y UST suggest that volatility may begin emerging unlike 5-yr 3.62 8 3.88 -1 7-yr 3.89 -1 4.08 -3 the “goldilocks” era of debt levels in 2017. Upcoming data today 10-yr 3.92 -1 4.16 -2 include annualized GDP figures for 4Q with survey polls lower at 15-yr 4.44 1 4.55 0 3.0%. 20-yr 4.62 -1 4.78 0 30-yr 4.86 -4 4.95 0 * M arket indicative levels M YR IRS Levels MGS/GII IR S C lo sing (%) C hg (bps) Local Govvies saw volume traded improve to RM2.67b with 1-yr 3.70 5 investor interest shifting to the mid-to-long ends i.e.
    [Show full text]
  • Hong Leong Bank Berhad
    January 9, 2019 Global Markets Research Fixed Income Fixed Income Daily Market Snapshot UST US Treasuries Tenure Closing (%) Chg (bps) US Treasuries dipped yet again yesterday for the 3rd session; 2-yr UST 2.59 4 causing yields led by the front-end to settle sharply higher as the 5-yr UST 2.58 4 curve continued flattening. Overall benchmark yields ended 2-4bps 10-yr UST 2.73 3 higher with the 2Y spiking by 4bps at 2.59% whilst the much- 30-yr UST 3.01 2 watched 10Y ended 3bps up at 2.73%. The first coupon sale auction for 2019 saw $38b of 3Y notes end with a weaker BTC ratio MGS GII* of 2.44x versus previous six auction average of 2.59x. Meanwhile, investors and analysts concerns remain on the inversion and parish Tenure Closing (%) Chg (bps) Closing (%) Chg (bps) yield levels on the front-end of the curve on lesser rate hike 3-yr 3.57 0 3.64 0 possibility and optimsm of trade talks between US and China. 5-yr 3.73 0 3.80 -1 7-yr 3.98 0 4.04 0 MGS/GII 10-yr 4.07 0 4.19 -4 Trading momentum in local govvies maintained traction on high 15-yr 4.38 0 4.49 -3 volume of RM4.16b amid a solid 10Y GII bond auction with interest 20-yr 4.59 1 4.72 -1 seen maily in both the old and current 10Y benchmark GII/MGS 30-yr 4.79 -2 4.91 0 bonds followed by the shorter off-the-run 19’s and 24’s.
    [Show full text]
  • Annual Report 2019
    ANNUAL REPORT 2019 01 02 03 04 05 01 Yvonne Ngui Yew Kiong 02 Nur Sabrina Tajudin 03 Fadrul Azmil Jamalluddin 04 Mohamad Rizki Nadda 05 Shurinder Rahoo Review of the Year REVIEW OF THE YEAR How We’re Organised Key Messages Our Strategy 4 About This Report Performance by Divisions 5 Major Milestones Sustainability InsideGroup Performance FULFILLING 6 Corporate Events Corporate Governance 11 Key Highlights Financials AMBITIONS Additional Information HOW WE’RE ORGANISED This Cover Rationale 16 At a Glance 18 About Us KEY MESSAGES Report 22 Chairman’s Message 26 In Conversation with President/CEO OUR STRATEGY CORPORATE GOVERNANCE 34 Business Model 110 Board of Directors 36 Economic Review and Outlook 122 Management Team For many years, Credit 38 5-Year Strategic Plan 135 Organisational Structure Guarantee Corporation 40 Information Technology Blueprint 136 Corporate Governance Overview (CGC) has been extending its product range. In that 41 Performance Scorecard Statement time, CGC has progressed 43 Risks and Mitigations 149 Board Audit Committee Report from advising and 45 United Nations Sustainable 152 Risk Management and Internal guaranteeing credit to Development Goals Control Statement driving development and expansion. All with the sole PERFORMANCE BY DIVISIONS FINANCIALS intention of catalysing growth in Malaysian 52 Corporate 160 Directors’ Report MSMEs, the bedrock of the nation’s economy. This 54 Finance 165 Statements of Financial Position year, our theme and cover 55 Business 167 Statements of Comprehensive Income design exemplify our aim of 61 Operations and Information 169 Statements of Changes in Equity FULFILLING AMBITIONS, Technology 171 Statements of Cash Flows leaving no resolute 63 Credit 175 Notes to the Financial Statements entrepreneur behind in our 277 Statement by Directors MSME financial inclusion SUSTAINABILITY 277 Statutory Declaration agenda.
    [Show full text]
  • List-Of-Merchant.Pdf
    S/N Name of Merchant / Hawker stall Address Unit number Postal Code Division 1 YOU SHENG VEGETARIAN FOOD 16 BEDOK SOUTH ROAD #01-02 460016 Bedok 2 POPULAR CAFÉ 16 BEDOK SOUTH ROAD #01-03 460016 Bedok 3 Bedok South (Niu Ji) Prawn Noodle 16 Bedok South Road #01-04 460016 Bedok 4 ATOP CHILLED SOYA BEANCURD 16 BEDOK SOUTH ROAD #01-05 460016 Bedok 5 Wak Ana 16 Bedok South Road #01-08 460016 Bedok 6 Jalehar Bte Mohd 16 Bedok South Road #01-157 460016 Bedok 7LAU'S SEAFOOD 16 BEDOK SOUTH ROAD #01-162 TO 164 460016 Bedok 8 Ah Poh (Frozen Food) 16 Bedok South Road #01-170, 171 460016 Bedok 9 YUAN WEI KAYA TOAST 16 BEDOK SOUTH ROAD #01-19 460016 Bedok 10 BAN SOON COFFEE STALL 16 BEDOK SOUTH ROAD #01-25 460016 Bedok 11 BLUE LAGOON 16 BEDOK SOUTH ROAD #01-27 460016 Bedok 12 LIT LIT SIN DESSERTS 16 BEDOK SOUTH ROAD #01-29 460016 Bedok 13SOON YI CHICKEN RICE & NOODLES 16 BEDOK SOUTH ROAD #01-30 460016 Bedok 14 PENG YOU CHICKEN RICE & 16 BEDOK SOUTH ROAD #01-33 460016 Bedok NOODLE 15 WELCOME COFFEE STALL 16 BEDOK SOUTH ROAD #01-34 460016 Bedok 16 KOON JI KAWY CHAP DUCK RICE 16 BEDOK SOUTH ROAD #01-35 460016 Bedok 17 JAPANESE HOUSE 16 BEDOK SOUTH ROAD #01-37 460016 Bedok 18 JIA HUI B.B.Q 16 BEDOK SOUTH ROAD #01-40 460016 Bedok 19 SONG LUCK 16 BEDOK SOUTH ROAD #01-42 460016 Bedok 20 SOMETHING JUICY 16 BEDOK SOUTH ROAD #01-45 460016 Bedok 21 QING HUA NYONYA KUEH 16 BEDOK SOUTH ROAD #01-46 460016 Bedok 22 KOON KEE DUCK RICE 16 BEDOK SOUTH ROAD #01-47 460016 Bedok 23 YOU & ME COFFEE PTE LTD 16 BEDOK SOUTH ROAD #01-49 460016 Bedok 24 NEW HONG KONG HOME MADE
    [Show full text]
  • Hong Leong Bank Berhad
    July 28, 2020 Global Markets Research Fixed Income Fixed Income Daily Market Snapshot US Treasuries US Treasuries closed weaker in another lackluster trading session UST on Monday following tepid bidding metrics for the 5Y auction and Tenure Closing (%) Chg (bps) also supply concerns based on reports of the GOP’s intention to 2-yr UST 0.15 0 pass a COVID-19 relief legislation bill anywhere between $1-3 5-yr UST 0.29 1 trillion. Overall benchmark yields ended between 0-3bps higher 10-yr UST 0.62 3 with the UST 2Y again almost unchanged at 0.15% and the much- 30-yr UST 1.26 3 watched UST 10Y closing 3bps higher instead at 0.62%. The auction of $49b 5Y papers was awarded at a high yield of 0.288% MGS GII* on a BTC ratio of 2.32x (previous 6 auctions: 2.49x) and followed Closing closely on the heels of another earlier dissapointing 2Y note Tenure Closing (%) Chg (bps) Chg (bps) (%) auction. UST’s have been seen to be range-bound of late. Expect 3-yr 1.98 0 2.01 0 attention to shift to the $44b 7y bond auction tonight as traders may 5-yr 2.13 1 2.09 0 remain sidelined ahead of the Fed’s FOMC meeting and its 7-yr 2.32 1 2.37 0 accompanying statement scheduled for 30th July. 10-yr 2.61 1 2.61 1 15-yr 2.97 0 3.04 0 MGS/GIIl 20-yr 3.19 1 3.33 1 30-yr 3.56 -1 3.69 0 Local govvies saw profit-taking emerge following recent strength * Market indicative levels amid a solid secondary market volume of RM5.22b as overall benchmark yields ended mostly unchanged-to-higher i.e.
    [Show full text]
  • A Survey on Consumer Perception: Southeast Asian Restaurants
    A SURVEY ON CONSUMER PERCEPTION: SOUTHEAST ASIAN RESTAURANTS IN MINNEAPOLIS, MINNESOTA By Titima Vangvanitchyakorn A Research paper Submitted in Partial Fulfillment of the Requirements for the Master of Science Degree With a Major in Hospitality and Tourism Approved: 2 Semester Credits Investigation Advisor The Graduate College University of Wisconsin- Stout May, 2000 Acknowledgements I would like to express my thanks to my research advisor, Brian Bergquist. His consultant and thorough guidance were necessary and greatly appreciated through the duration of this project. In addition, I would like to thank all my friends- Demi and Bryan- for advises and encouragement, my mother and father who provided me a great opportunity for studying in America and especially to Nghi To who helped me with my English writing. Lastly, I would like to thank all other friends I failed to mention the names for the constant support during the project. Titima Vangvanitchyakor The Graduate College University of Wisconsin-Stout Menomonie, WI 54751 ABSTRACT Vangvanitchyakorn Titima (Last Name) (First Name) (Initial) A SURVEY ON CONSUMER PERCEPTION: SOUTHEAST ASIAN RESTAURANTS IN MINNEAPOLIS, MINNESOTA (Title) Hospitality and Tourism Bergquist, Brian May/2000 (Graduate Major) (Advisor) (Month/Year) (No. of pages) American Psychological Association (APA) Publication Manual (Name of Style Manual Used in this Study) The hospitality industry comprises the major segments of the industry; food- service, lodging, travel and recreation. Millions of people who eat out every day have a wide variety of needs and tastes. Minneapolis was ranked 25 h among cities with 200,000 or more when using 1992 population. It had been reported that the number of Asian in Minneapolis, Minnesota was 15,723 in 1990.
    [Show full text]