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PNB plans to take ASNB into online banking platform

KUALA LUMPUR: Permodalan Nasional Berhad (PNB) expected to collaborate with all its 10 banking agents to place Amanah Saham Nasional Bhd (ASNB) platform on their online banking platform by end of next year. PNB according to its chief technology officer

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Maxis reports RM397 mln in net profit for Q2 2019

KUALA LUMPUR: Maxis Bhd’s net profit stood at RM397 million for the second quarter ended June 30, 2019 (Q2 2019) compared with RM478 million posted in the same period last year. Revenue eased to RM2.21 billion from RM2.23 billion previously,

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Prioritise klia2 issues, MAHB

KUALA LUMPUR: AirAsia Group Bhd has called on Malaysia Airports Holdings Bhd (MAHB) to prioritise more critical operational and passenger experience issues at the Kuala Lumpur International Airport’s second terminal (klia2) rather than the proposed plans to integrate klia2 with

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Fears grow for India’s missing coffee king

BANGALORE: Indian police on Tuesday launched a major hunt for coffee tycoon V.G. Siddhartha, amid mounting fears for the billionaire who admitted in a letter before disappearing that he had “failed as an entrepreneur”. The founder of the Cafe Coffee

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Malaysia, India’s new top palm oil supplier

MUMBAI: Malaysia is set to replace Indonesia as the top palm oil supplier to India in 2019 as New Delhi has been charging lower import tax on refined palm oil shipments from Malaysia, giving Kuala Lumpur an edge over Jakarta,

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Bank of Japan hints at more easing if inflation sputters, keeps policy steady

TOKYO: The Bank of Japan held off on expanding stimulus on Tuesday but signaled its readiness to do so “without hesitation” if a global slowdown jeopardizes the country’s economic recovery. Growing fallout from the U.S.-China trade war has prompted major

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AirAsia: No more processing fee for online banking and credit card customers

KUALA LUMPUR: Low-cost carrier AirAsia Group Bhd says it will remove the processing fee for passengers who pay either through online banking and credit card from October. “We still have some charges to drive traffic to cheaper, safer and less

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Singapore to stop production of ‘Sling’ LNG price indices

SINGAPORE: Singapore’s Energy Market Company (EMC) will stop producing and publishing price indices for liquefied natural gas (LNG) in the city-state known as ‘Sling’, the company said in an undated statement on its website. EMC said Sling – short for

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Mexico unveils $25 billion stimulus package to boost economy

MEXICO CITY: Mexico unveiled on Monday a stimulus package of over $25 billion to boost the country’s infrastructure, investment and private consumption as Latin America’s second-largest economy teeters on the brink of a recession. The announcement by Finance Minister Arturo

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Sephora’s Asia Pacific online customers hit by data breach

SINGAPORE: Sephora’s customers who have online accounts with the cosmetics and beauty products retailer were alerted yesterday to a data breach discovered by the company in the last fortnight.   In an email sent out to its customers in the Asia-Pacific

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