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2018 Press Releases
Baiduri Bank Hosts Global Market Outlook Seminar
10th October 2018

Bandar Seri Begawan, 10 October 2018 – In our efforts to better equip our customers with the necessary tools and knowledge to make better-informed investment decisions, we brought together a team of specialists from our financial partners at DBS, Franklin Templeton and AB Maximus and SGX Academy, to conduct talks.

The seminar, Global Market Outlook: Identifying the Challenges and Opportunities, was held at the Indera Kayangan Ballroom, Empire Hotel and Country Club over the weekend.

Present at the event was Pg Azaleen Pg Dato Hj Mustapha, Head of Retail Banking and Branch Network. During his opening remarks, Pg Azaleen stated that the seminar is part of the bankís continuous efforts to facilitate clients in preparing and strategizing their investments. "This seminar will look at the challenges and opportunities that lie ahead in the global financial markets, with a focus on the US-China relations and emerging markets to help navigate the evolving economies."

Invited guests comprised existing Wealth Management customers and Baiduri Capital investors.

In the morning session, Eugene Leow, Foreign Exchange and Rates Strategist at DBS Bank, hosted a talk entitled, "Currencies: What went wrong in 2018? Whatís next?" where he shared his concerns and hopes for the challenges and opportunities in view of the US rate hike outlook, among others.

The afternoon session began with a talk by Edmund Leong, Assistant Vice President, Financial Institutions at Franklin Templeton Investments. In his talk entitled "US Equity: Is the US equity bull market dying soon? Could this bull keep running in 2019?", Edmund spoke on the firmís views on the challenges and opportunities in the wake of the USís growth.

This was followed by a talk by Puah Soon Lim, Associate Director at AB Maximus and SGX Academy, entitled "Singapore stock market: Is it a good time to invest?" where he looks at the prospect for Singapore in light of the trade tensions and geopolitical developments affecting global markets.

The event concluded with a panel discussion with the invited speakers moderated by Ak Nor Muhammad Nizam Pg Hj Tengah, Group Treasurer at Baiduri Bank as well as a Q&A session with the speakers.

Also present at the event were Mr Peng Eng Soon, Head of Wealth Management at Baiduri Bank as well as other senior financial planners.

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For more information, customers may also contact the 24-hour Baiduri Bank Customer Helpline at 2449666, or enquire from the official Baiduri Bank Group Facebook page.

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