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Malaysia’s ‘Buy Now, Pay Later’ loans hit RM3.8b but risks ‘under control’ ahead of new rules, says Amir Hamzah
KUALA LUMPUR, Aug 4 — Buy Now, Pay Later (BNPL) facilities remain under control, but regulatory measures are being strengthened to protect consumers through the Consumer Credit Act 2025 (CCA). Second Finance Minister Datuk Seri Amir Hamzah Azizan said the
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Tesla’s brand loyalty collapsed after Musk backed Trump, data shows
LOS ANGELES, August 4 — Tesla for years had more repeat US customers than any other major automotive brand but its loyalty has plunged since CEO Elon Musk endorsed President Donald Trump last summer, according to data from research firm
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Bursa slides at open, echoing Wall Street’s woes on US economic outlook
KUALA LUMPUR, Aug 4 — Bursa Malaysia retreated from last week’s gains to open lower on Monday, tracking Wall Street’s losses last Friday as investors remain concerned over weaker US economic data coupled with impacts from President Donald Trump’s tariff
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Dollar steadies after tumble as investors eye imminent Fed cuts
SINGAPORE, Aug 4 — A battered dollar edged marginally higher today after a dismal US jobs report and President Donald Trump’s firing of a top labour official stunned investors and led them to ramp up bets of imminent Federal Reserve
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Asia shares sideswiped by US economic jitters, oil slips
SYDNEY, Aug 4 — Asian share markets followed Wall Street lower today as fears for the US economy returned with a vengeance, spurring investors to price in an almost certain rate cut for September and undermining the dollar. Some early
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Ringgit opens stronger against dollar on soft US payrolls, Fed cut bets
KUALA LUMPUR, Aug 4 — The ringgit opened stronger against the US dollar on Monday as hopes for an upcoming United States (US) rate cut increased following the latest data that showed a weaker US labour market, an economist said.
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Thailand moves closer to introducing wealth tax with new asset tracking capabilities
BANGKOK, Jan 18 — Thailand is now closer to implementing a wealth tax, Finance Permanent Secretary Lavaron Sangsnit said today, citing recent developments that make it possible to track the assets of the country’s wealthiest individuals, even those held abroad.
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Absolut Bazaar x Festival Gaya Raya returns, with Media Prima as official media partner
KUALA LUMPUR: The annual Absolut Bazaar x Festival Gaya Raya (ABxFGR 2024) is back for the third year, and this time it visits two cities namely Johor Baru and Kuala Lumpur. Organised by My Events International and Absolut Events &
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Malaysia Showcases Its Best at the 10th Halal Expo Turkiye: A Global Triumph
PUTRAJAYA, Nov 14 ― Malaysia, renowned for its vibrant culture and diverse economic landscape, is taking the international stage at the 10th Halal Expo Turkiye. Organised by My Events International and in collaboration with MATRADE, the 4th-year Malaysia Showcase proved
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FedEx Wins Sustainability and CSR Award for Community Engagement Support in Malaysia
KUALA LUMPUR, Aug 18 — FedEx Express (FedEx), a subsidiary of FedEx Corp. (NYSE: FDX) and one of the world’s largest express transportation companies, has been honoured with the prestigious ‘Sustainability and CSR Malaysia Awards 2023’ in the category of
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