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TIFA an alternative to boost Malaysia-US economic ties

TIFA an alternative to boost Malaysia-US economic ties

KUALA LUMPUR: Malaysia has reaffirmed its commitment to enhancing bilateral ties with the United States, despite the latter’s withdrawal from the Trans-Pacific Partnership Agreement (TTPA). International Trade and Industry Minister Datuk Seri Mustapa Mohamed said it is important for Malaysia to have a formal arrangement, citing that the Trade and Investment Framework Agreement (TIFA) should […]

October 31, 2017 | By | Reply More
UOB Malaysia launches mobile banking app

UOB Malaysia launches mobile banking app

KUALA LUMPUR: United Overseas Bank (Malaysia) Bhd (UOB Malaysia) has launched UOB Mighty, a mobile banking app that enables customers to turn their smartphones into electronic wallets and enjoy great dining deals in Malaysia, Singapore and Thailand. In a statement today, UOB Malaysia said the app allowed customers to browse through more than 2,000 participating […]

October 31, 2017 | By | Reply More
AirAsia to fly direct to Shenzhen from Kuching

AirAsia to fly direct to Shenzhen from Kuching

SEPANG: AirAsia Bhd is set to launch direct Kuching-Shenzhen daily flights from December 26. This marks third international route from Kuching and third new route launched from Kuching International Airport this year, with the first being besides Pontianak and Langkawi. All three of these routes are in line with the group’s aspirations to further enlarge […]

October 31, 2017 | By | Reply More
LBS' LIM awarded Outstanding Leader In Asia award

LBS' LIM awarded Outstanding Leader In Asia award

PETALING JAYA: LBS Bina Group Bhd managing director Tan Sri Lim Hock San has been awarded the Outstanding Leader In Asia award at the recently-held Asia Corporate Excellence & Sustainability Awards (ACES) in Singapore. The award is one of 12 award categories under the ACES umbrella, which recognises exceptional leaders who demonstrate sound leadership and […]

October 31, 2017 | By | Reply More
Waqf institutions play an important role in Islamic finance

Waqf institutions play an important role in Islamic finance

SEPANG: Waqf institutions play an important role in advancing the economy and prospering the Islamic community to address the issue of poverty in Malaysia. Bank Rakyat chairman Tan Sri Syukry Mohd Salleh said waqf funds distribution will create job opportunities that would in turn enhance the society’s economic standard. “Waqf institutions play an important role in […]

October 31, 2017 | By | Reply More
31 Oct: Ringgit opens slightly higher against the US dollar

31 Oct: Ringgit opens slightly higher against the US dollar

  KUALA LUMPUR: The ringgit opened slightly higher against the US dollar this morning, on mild support for the local note and in line with most regional currencies. At 9.01 am, the local unit was traded at 4.2310/2350 versus the greenback from 4.2360/2390 at the close yesterday. A dealer said investors turned cautious on the […]

October 31, 2017 | By | Reply More
S'pore unveils plan to create 4,000 finance sector jobs

S'pore unveils plan to create 4,000 finance sector jobs

SINGAPORE: Singapore wants to bolster its status as a wealth management and foreign-exchange centre as part of plans to create more financial-sector jobs and mitigate the effect of rapid changes in technology. In a plan unveiled yesterday, the Monetary Authority of Singapore (MAS) said it aimed to create 4,000 net new jobs in financial services […]

October 31, 2017 | By | Reply More
'New posts to strengthen FGV ops'

'New posts to strengthen FGV ops'

FELDA Global Ventures Holdings Bhd (FGV) is expected to create several new posts, including that of deputy president and deputy chief executive officer (CEO) as well as sub-CEOs at some subsidiaries, to strengthen its operations across all divisions. Sources said FGV chief operating officer (logistics and other business) Datuk Khairil Anuar Aziz was to be […]

October 31, 2017 | By | Reply More
Malaysia's 2018 Budget on right path of consolidation, preparing for general election: BMI Research

Malaysia's 2018 Budget on right path of consolidation, preparing for general election: BMI Research

KUALA LUMPUR: The 2018 Budget has succeeded in striking a balance between remaining on the fiscal consolidation path and preparing for the upcoming general elections, said BMI Research, a unit of Fitch group. “We believe that strong economic growth will help the government achieve its goals, while the targeted spending will ensure expenditure will be […]

October 30, 2017 | By | Reply More
Vizione bags RM401m contract to build four office blocks

Vizione bags RM401m contract to build four office blocks

KUALA LUMPUR: Vizione Holdings Bhd’s wholly-owned Wira Syukur (M) Sdn Bhd (WSSB) has accepted a letter of award from Paragon Hemisphere Sdn Bhd (PHSB) to build four blocks of office suites in Ulu Langat, Selangor worth RM401 million. In a filing to Bursa Malaysia today, the company said the award covers two phases. Phase One […]

October 30, 2017 | By | Reply More