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Azmin: Khazanah Nasional will remain MAB main shareholder
KUALA LUMPUR: Khazanah Nasional Bhd will remain as an influential and important shareholder under a new structure of Malaysia Airlines Bhd (MAB), said Economic Affairs Minister Datuk Seri Mohamed Azmin Ali. He said the government through Khazanah and Malaysia Aviation
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BNM’s international reserves rise to US$103.3 bln
KUALA LUMPUR: Bank Negara Malaysia’s (BNM) international reserves increased to US$103.3 billion as at Oct 15, 2019 from US$103.0 billion as at Sept 30, 2019. In a statement today, the central bank said the reserves position is sufficient to finance
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SingEx and Deutsche Messe to organise international event on IR4.0
PUCHONG: With the Sino-US trade war undermining the global economy, slowing growth rate in China and uncertainty in the Euro zone, it is time for businesses to transform itself and leverage on existing means to enhance competitiveness through innovation. With
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Bank Muamalat names Khairul Kamarudin as new CEO
KUALA LUMPUR: Bank Mualamat Malaysia Bhd has appointed Khairul Kamarudin as its new chief executive officer to replace the retiring Datuk Mohd Redza Shah Abdul Wahid. The appointment will take effect on Nov 1. Khairul, who has a Law Degree
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Nazir Ariff appointed as SME Bank’s chairman
KUALA LUMPUR: SME Bank, an agency under the Entrepreneur Development Ministry, has appointed Datuk Seri Nazir Ariff as its new non-executive chairman, effective yesterday. As a corporate figure, Nazir, 73, has vast experience in various industries which among others include,
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Qatar Airways: MAB must swallow bitter pills to recover
LANGKAWI: Malaysia Airlines Bhd (MAB) will have to swallow some very bitter medicine in order to recover, said Qatar Airways Group chief executive officer Akbar Al Baker. He said that he had shared his views on MAB’s situation with Prime
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Malaysia Airlines launches Fly Malaysia campaign
KUALA LUMPUR: Malaysia Airlines Bhd (MAB) launched Fly Malaysia, a brand campaign in support of Visit Malaysia 2020 (VM2020) today, with the aim of further enabling the airline, via partnerships with relevant tourism bodies, to promote Malaysia to the world.
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Halim Saad offers RM5.2 bln to acquire PLUS
PETALING JAYA: Prominent tycoon Tan Sri Halim Saad has made a lucrative bid to acquire the entire stake of Khazanah Nasional Berhad’s in PLUS Malaysia Berhad. In a letter dated Oct 11, addressed to Works Minister Baru Bian, the former
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Supreme Court of India Postpones Cryptocurrency Ban Hearing to November
The Supreme Court of India has postponed a hearing that would consider the Reserve Bank of India’s (RBI) ban on providing services to cryptocurrency-related business. In an Oct. 16 session on the ban that prohibits banks and financial institutions from providing digital currency-related services,
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Bitcoin (BTC) bulls surrender, more pain ahead
PUCHONG: The cryptocurrency market is in the tailspin. Bitcoin’s collapse below critical $8,000 triggered a host os sell-orders and affected the momentum of all major altcoins as well. At the time of writing, BTC/USD is changing hands at $7,970, down over 2% since the
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