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Tsang Meets Malaysian Counterpart To Discuss Financial Ties

by Mary Swire, for LawAndTax-News.com, Hong Kong

09 August 2007

Hong Kong's Financial Secretary, John Tsang earlier this week met with Malaysian officials to discuss fiscal ties between their two jurisdictions.

Mr Tsang stopped in Kuala Lumpur on Monday after attending the 14th Finance Ministers' Meeting of the Asia-Pacific Economic Co-operation in Australia.

He met with Malaysia's Minister of Finance II Senator Tan Sri Nor Mohamed Yakcop and Deputy Finance Minister Dato' Dr Ng Yen Yen.

He also met HSBC Bank Malaysia Berhad Chief Executive Officer Irene Dorner to learn more about the latest developments in the banking sector, including a discussion of Islamic finance.

Mr Tsang then exchanged views with heads of major banks and financial investment entities on global and regional financial development at a luncheon.

He also visited Khazanah Nasional Berhad, investment holding arm of the Government of Malaysia; Bank Islam Malaysia Berhad; and Bank Negara Malaysia, the country's central bank.

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