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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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Dr M: Businesses should invest in R&D, review outdated practises
PETALING JAYA: There is a need for Malaysian businesses to change their business strategy to remain competitive, including focusing more on research and development (R&D), said Prime Minister Tun Dr Mahathir Mohamad. He noted that sometimes they are too operation-oriented
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Trade war rejuvenates ‘Silicon Valley’ firms in Malaysia
PENANG, Malaysia: Years after resisting pressure to move to China, Lee Hung Lung says his bet has paid off. Sales at his Malaysia-based Hotayi Electronic are surging, it’s hiring more workers, considering an expansion, and picking and choosing orders. Lee
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‘Joker’ laughing all the way to the bank
‘Joker’ Stuns With $450+ Million Haul, Headed To $750+ Million Finish Warner Bros.’ super-villain origin film Joker is laughing all the way to the bank this weekend, as it blows past expectations (again) with a $60 million domestic tally and a strong
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