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Public Bank to set up RM10b programme

KUALA LUMPUR: Public Bank Bhd  is setting up a RM10bil additional Tier 1 capital securities (AT1CS) programme which will qualify as additional tier one capital. It said on Wednesday that  Public Investment Bank Bhd...

Ringgit strengthens after China’s conciliatory message

KUALA LUMPUR: The ringgit opened higher against the US dollar today in line with most emerging Asian currencies and after China's President Xi Jinping pledged to reduce import tariffs and open the country's market furthe...

Luno registers with Bank Negara as reporting body for digital currencies

KUALA LUMPUR: Luno Malaysia, which is part of the London-based cyrptocurrency exchange, has formally registered with Bank Negara Malaysia as a reporting institution. It said on Wednesday the registration was as requir...

Ringgit gains on US$ weakness

KUALA LUMPUR: The US dollar weakness lifted the ringgit higher against the greenback at opening today but trading sentiment remained cautious amid the lingering trade war concerns, a dealer said. At 9 am, the ringgit wa...

Zuckerberg finishes nearly five-hour US Senate testimony

WASHINGTON: Facebook Inc Chief Executive Mark Zuckerberg testified on Tuesday for nearly five hours in a joint hearing of the U.S. Senate's Commerce and Judiciary committees: * CEO MARK ZUCKERBERG SAYS 'TERMS OF SERVICE...

AirAsia waives flight change fees for Malaysians for polling day

KUALA LUMPUR: AirAsia  is waiving flight change fees for bookings where the travel date falls on May 9, polling day for the 14th general election. In a statement, the airline said the offer only applies to Malaysian ci...

CIMB Research upgrades UMW Oil and Gas to Add, TP 33c

KUALA LUMPUR: CIMB Equities Research has upgraded UMW Oil and Gas (UWM-OG) from Hold to Add on the back of a recent sharp sell-off in its share price, which it believes is unwarranted in view of its improving fundamental...

Bank Negara clears air over living wage

KUALA LUMPUR: Bank Negara Malaysia cleared the air on Friday over the living wage concept, stating that it is a benchmark on the income needed to attain a minimum acceptable living standard. “It is not a benchmark to as...

Tax reliefs help to raise disposable income of Malaysians

AS MALAYSIA edges closer towards the coveted high-income nation status, the Government remains committed to providing a better future for all Malaysians. Under the leadership of Prime Minister Datuk Seri Najib Tun Raz...

AirAsia India gets 18th aircraft, opens four new routes

NEW DELHI, April 8 (Bernama) -- AirAsia India has received its 18th aircraft as the airline builds its fleet in preparation for the launch of international routes this year. The new A320 plane will be based in Kolkata, ...

Malaysia’s SME halal products have never failed in Singapore

SINGAPORE, April 8 (Bernama) -- Good Friday? Halal Fest? Why do they organise this event during a long weekend, I grumbled when looking at the dates of the event which took place for four days beginning March 29. Usuall...

Affin Islamic optimistic on securing 40 pct share of Islamic banking in 2019

KUALA LUMPUR, April 7 (Bernama) -- Affin Islamic Bank Bhd is optimistic on achieving a 40 per cent market share of the Islamic banking finance by 2019, mainly driven by the growth in its small and medium enterprises (SME...

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