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Bank Negara to announce virtual banks’ licensing requirements by year end

KUALA LUMPUR: Bank Negara Malaysia will be coming out with requirements for virtual bank licensing by the year-end, governor Datuk Nor Shamsiah Mohd Yunus said. “We had a briefing this morning with stakeholders and Bank Negara will be coming out

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Wan Azizah: Emphasise on balance between work and family

KUALA LUMPUR: Deputy Prime Minister Datuk Seri Dr Wan Azizah Wan Ismail said the government and private sectors must continue to play their respective roles in ensuring that their workers could strike a balance between their work and family. She

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In an unfortunate mix-up, British Airways plane lands in Scotland, not Germany

The flight on Monday seemed to go perfectly well, until passengers realized that their plane had landed in both the wrong city and the wrong country. The British Airways flight from London City Airport was supposed to head to Duesseldorf,

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Bursa Malaysia trades higher in early session

KUALA LUMPUR: Bursa Malaysia rebounded from the negative close yesterday to trade higher at opening Tuesday and in tracking the upbeat external environment. At 9.05 am, the benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) rose 1.49 points to 1,650.64 from

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Berjaya Air: No advisory on runway work

PETALING JAYA: No Notice to Airmen (Notam) was issued to advise that maintenance was being carried out on the runway at Subang Airport on Monday when an aircraft hit a work vehicle, Berjaya Air said today. “Landing clearance was requested

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Bursa Malaysia higher on bargain hunting, dovish fed

KUALA LUMPUR:- Bursa Malaysia stock exchange rebounded from yesterday’s losses to open higher today on bargain hunting amid US Federal Reserve’s (Fed) dovish stance over the interest rate hikes. At 9.05am, the benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) gained

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Proton to build assembly plant in Pakistan

ISLAMABAD: National carmaker Proton will collaborate with Pakistani partner Alhaj Automotive to establish a manufacturing assembly plant in Pakistan, its first in South Asia region.  This is based on an agreement signed last year said Malaysia High Commissioner to Pakistan

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Malaysia welcomes foreign embassies’ cultural exchange initiatives

KUALA LUMPUR: Malaysia’s Ministry of Tourism, Arts and Culture welcomes more cultural exchange programmes with foreign embassies to elevate friendships through the arts and culture, said its minister Datuk Mohamaddin Ketapi. He pointed out that the “Whirling Dervishes of Rumi

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Dr M: I love MAS, but it seems like we can’t afford it

KUALA LUMPUR: Several parties had expressed interest in purchasing Malaysia Airlines Berhad (MAS), following the ailing state of the national carrier. Prime Minister Tun Dr Mahathir Mohamad, however, stressed that the government was still looking into the viability of selling

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APEC 2020: Shared prosperity is Malaysia’s key message

KUALA LUMPUR: After more than two decades, Malaysia will be hosting the Asia Pacific Economic Cooperation (APEC) leaders’ summit in 2020, with the key message of shared prosperity. International Trade and Industry Minister Datuk Ignatius Darell Leiking said Malaysia’s message

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