KUALA LUMPUR: The Trans-Pacific Partnership Agreement (TPPA) will come into force even without ratification from the United States, as long as six countries accounting for 85 per cent of the signatories' GDP ratify the agreement, says International Trade and Industry Ministry secretary-general Datuk
KUALA LUMPUR: Public and private partnerships with a rightly balanced regulation is the successful model in cultivating innovations in the financial industry, says World Bank Group finance and markets global practice director Sebastian Molineus.
KUALA LUMPUR: The banking landscape is set to undergo massive changes as disruptive technology, introduced by fintech companies, challenges the industry’s traditional practices.
KUALA LUMPUR: At least three firms including Peugeot maker PSA have signalled interest in a deal with ailing Malaysian carmaker Proton, people familiar with the matter said, as the faded brand's owner seeks to sell a stake in a company once seen as a symbol of the country's drive to industrialise.
KUALA LUMPUR: Budget carrier AirAsia Bhd has raised its concerns regarding the passenger service charge (PSC) new rate structure that would be implemented effective January 1 next year.
KUALA LUMPUR: British High Commissioner to Malaysia Vicki Treadell is eager about Malaysia’s annual event in central London tomorrow.
LONDON: Malaysia’s seventh annual promotional event, which opens here tomorrow, has a new tagline that showcases not only the country’s gastronomic delights and multicultural fabric but also its strengths.
PANAJI (INDIA): Palm oil prices are expected to remain firm until the end of the first quarter of next year as the El Nino weather pattern would have depleted the inventory, said a senior executive of Sime Darby Bhd yesterday.
KUALA LUMPUR: A technical correction saw the ringgit retreat versus the US dollar in early trade today after yesterday’s brief gain.
KUALA LUMPUR: Asia Pacific countries like Malaysia could see an impact, through trade and investment channels, if the US adopts a less proactive foreign engagement approach after their Presidential election.
PUTRAJAYA: Malaysia Airlines Berhad (MAB) signed a contract with CFM International, and a memorandum of understanding (MoU) with General Electric (GE) today.
KUALA LUMPUR: Global real estate consultancy Knight Frank has rated Malaysia as offering the best value for money for real estate investors in the world, and the highest yields and least volatility in the market across the Asia-Pacific region.
KUALA LUMPUR: A major shareholder of Bursa Malaysia-listed Multi Sports Holdings Ltd wants an investigation into the China-based shoe manufacturer’s affairs amid concerns over shrinking share price and failure to submit its accounts on time.
KUALA LUMPUR: The ringgit opened higher against the US dollar after the Federal Reserve (Fed) left the US interest rates unchanged at its two-day meeting that ended yesterday, a currency dealer said.
SEOUL: Hanjin Shipping shares surged as much as 28 percent in morning trade on Thursday after the board of Korean Air Lines, its biggest shareholder, approved lending 60 billion won (US$53.96 million) to the troubled container carrier.
TOKYO: Tokyo shares shot up and the yen sank after the Bank of Japan tweaked its policy measures Wednesday, as it ramped up its attempts to kickstart inflation.
KUALA LUMPUR: The upcoming 2017 Budget will unlikely have ‘big giveaways’ as the government seeks to maintain fiscal prudence to avoid any risk of sovereign outlook or ratings downgrade, according to United Overseas Bank (Malaysia) Bhd (UOB Malaysia).
GEORGE TOWN: Eco World Development Group Berhad (EcoWorld) is set to launch 4 new projects concurrently nationwide this Sunday under its 'EcoWorld’s Firsts' campaign.
KUALA LUMPUR: Malaysia's $30-billion pension fund, Kumpulan Wang Persaraan (KWAP), is looking to pump in more money into technology firms, following its recent foray into the sector with an investment in what sources have identified as ride-sharing service Uber.
PETALING JAYA: The Real Estate And Housing Developers' Association Malaysia (Rehda) views Bank Negara Malaysia's (BNM) announcement that maximum housing loans for buyers should remain at 35 years as "reasonable."
KUALA LUMPUR: Malaysia will see the birth of more startup companies due to the readiness of the private equity investment ecosystem in the country.
KUALA LUMPUR: Although global growth trends in Islamic bond (sukuk) issuance has slowed, growth trends in Islamic banking assets remain strong, says Moody's.
KUALA LUMPUR: Agent banking through high volume touch points has significantly increased financial inclusion in the country, said Bank Negara Malaysia governor Datuk Muhammad Ibrahim.
KUALA LUMPUR: The Consumer Price Index rose by 1.5 per cent in August compared to the same month last year.
KUALA LUMPUR: THE government would need RM400 million to construct a motorcycle lane and another RM8 million for more street lighting in FT 181 as the current heavy traffic and dimly-lit conditions lead to road accidents and deaths.
YANGON: Carrying her wages in wads of cash across Myanmar was once a risky, onerous but unavoidable ritual for maid Khin Myint Oo.
KUALA LUMPUR: Retirement Fund Inc (KWAP) is looking at revising its asset allocation strategy by year-end to improve its return on investment (ROI).
KUALA LUMPUR: Malaysia’s private equity (PE) scene holds ample headroom for growth in view of the promising value proposition that it offers, says Securities Commission Malaysia chairman Tan Sri Ranjit Ajit Singh.
KUALA LUMPUR: The ringgit opened higher against the US dollar on mild commercial demand from investors today, a currency dealer said.
SYDNEY: BHP Billiton chief executive Andrew Mackenzie’s annual salary was cut in half following the Samarco dam disaster in Brazil that claimed 19 lives and caused widespread environmental damage, the global miner said.
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