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Nov 8: Ringgit extend gains to open higher against greenback

Nov 8: Ringgit extend gains to open higher against greenback

November 8, 2017 @ 9:59am KUALA LUMPUR: The ringgit extended yesterday’s gains to open higher against the US dollar today as more investors shifted to emerging currencies including the ringgit due to concerns over the US tax bill, amid the oil price rally, dealers said. At 9.25 am, the local unit traded at 4.2270/2300 against […]

November 8, 2017 | By | Reply More
Hong Kong Live woos muslim tourists from Malaysia

Hong Kong Live woos muslim tourists from Malaysia

KUALA LUMPUR: Hong Kong Tourism Board (HKTB) is targeting to expand Malaysian tourists arrivals in the country particularly among the Muslims community. Regional director of Southeast Asia Simon Wong said Hong Kong is listed as the fifth best Non-Organisation of Islamic Cooperation (OIC) country for Muslim travellers. He said HKTB is working with both travel […]

November 7, 2017 | By | Reply More
Merchantrade Asia's eRemit is a catalyst for cashless society

Merchantrade Asia's eRemit is a catalyst for cashless society

KUALA LUMPUR: Malaysia is poised to becom a cashless society, thanks to the government’s long-term plan, said Merchantrade Asia Sdn Bhd. Though the on-going initiatives by the government, economists has predicted that the target of being cashless society in the next five years is achievable. Trends and surveys show rural areas become increasingly urbanised and […]

November 7, 2017 | By | Reply More
Global investors are buying into Malaysia's bonds

Global investors are buying into Malaysia's bonds

KUALA LUMPUR: Global investors’ appetite for Malaysia’s bonds, as seen in the recent buy in of Press Metal Aluminium Holdings Bhd’s US$400 million non-investment grade bond, spells bright future. Citi Malaysia, who is a joint bookrunner in Press Metal’s bonds, noted the strong global investors’ response has led to a final order book of over […]

November 7, 2017 | By | Reply More
Help SMEs improve financial literacy, MITI tells MIA

Help SMEs improve financial literacy, MITI tells MIA

KUALA LUMPUR: The Ministry of International Trade and Industry (MITI) has called on the Malaysian Institute of Accountants (MIA) to help small and medium enterprise (SME) owners to improve their financial literacy. Deputy Minister Datuk Chua Tee Yong said the enterprises and their growth was strongly influenced by financial management, whereby any financial mismanagement would […]

November 7, 2017 | By | Reply More
1,500 SMEs to join DFTZ in 2018: Chua

1,500 SMEs to join DFTZ in 2018: Chua

KUALA LUMPUR, Nov 7 (Bernama) — At least 1,500 small and medium enterprises (SMEs) are expected to come on board the newly-launched Digital Free Trade Zone (DFTZ) in 2018, says Deputy Minister of International Trade and Industry Datuk Chua Tee Yong. The DFTZ was jointly launched on Nov 3 by Prime Minister Datuk Seri Najib […]

November 7, 2017 | By | Reply More
Four Malaysian firms eyeing AIM in 2018

Four Malaysian firms eyeing AIM in 2018

KUALA LUMPUR: At least four Malaysian companies are now in discussions to list on the Alternative Investment Market (AIM), the alternative listing platform of the London Stock Exchange (LSE) in 2018. Capital markets partner at global accountancy firm Crowe Clark Whitehill LLP (CCW) Robin Stevens said these firms are interested to list on AIM in […]

November 7, 2017 | By | Reply More
TM invests RM300m in data centre in Johor

TM invests RM300m in data centre in Johor

ISKANDAR PUTERI: Telekom Malaysia Bhd (TM) has invested up to RM300 million for the development of the TM ONE Iskandar Puteri Data Centre (IPDC), which was opened by Menteri Besar Datuk Seri Mohamed Khaled Nordin today. The new state-of-the-art neutral data centre, located at Nusajaya Technology Park here, also houses TM’s international gateway, serves as […]

November 7, 2017 | By | Reply More
Maybank offers 6 months moratoric> n Johoans, waiver

Maybank offers 6 months moratoric> n Johoans, waiver

KUALA LUMPUR: Maybank has announced a six-month moratoric> on monthly instalment payments n Johoans and waiver of certain charges based on a case-to-case basis n Jocustomers in Penang affected by the floods. © New Straits Times Press (M) Bhd

November 7, 2017 | By | Reply More
Maybank offers 6 months moratorium for loans, waiver

Maybank offers 6 months moratorium for loans, waiver

KUALA LUMPUR: Maybank has announced a six-month moratorium on monthly instalment payments for loans and waiver of certain charges based on a case-to-case basis for customers in Penang affected by the floods. The suspension of payments are extended to business banking, SME banking and consumer banking customers. The moratorium covers deferment of monthly instalments based […]

November 7, 2017 | By | Reply More