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Bank Negara, BI and BOT widen local currency transaction framework
KUALA LUMPUR: Bank Negara, Bank Indonesia (BI) and the Bank of Thailand (BOT) have appointed additional qualified commercial banks as Appointed Cross-Currency Dealers (ACCDs) under the Local Currency Transaction Framework […]
Only 6% of APAC firms face high exposure to US tariff risks, says Moody’s Ratings
KUALA LUMPUR: Only six per cent of rated companies in Asia Pacific (APAC) have an overall high exposure to US tariff-related risks, the lowest globally, reflecting the region’s resilience amid […]
UK to start returning some migrants to France within days under new deal
LONDON (Reuters) -Britain said it will begin implementing a deal to return some migrants who arrive on small boats to France within days, a key part of its plans to […]
Dr Wee calls for tax reform, clashes with Pakatan MPs over ‘daylight robbery’ remark
KUALA LUMPUR: A fiery exchange erupted in the Dewan Rakyat as Ayer Hitam MP Datuk Seri Dr Wee Ka Siong called for sweeping reforms to Malaysia’s tax appeals system, drawing […]
Laws tightened to enable stricter enforcement against errant drug rehab centres, says Home Minister
KAJANG: Amendments to the Drug Dependants (Treatment and Rehabilitation) Act 1983 will enable stricter enforcement against private rehabilitation centres found committing offences, says Home Minister Datuk Seri Saifuddin Nasution Ismail. […]
Sisters nabbed in Lahad Datu after shopping spree with lost debit card
KOTA KINABALU: What three sisters thought was a “paid” shopping spree turned into a costly lesson when they were arrested for misusing a lost debit card in Lahad Datu. Read […]
Court orders Caprice to remove defamatory Instagram posts about businessman
KUALA LUMPUR: The High Court here on Tuesday (Aug 5) ordered rapper Caprice to immediately remove all defamatory posts about a businessman from his Instagram account, which were uploaded last […]
Court of appeal dismissed former special needs student’s appeal in bullying suit
PUTRAJAYA: The Court of Appeal has dismissed an appeal by a former student of a special education secondary school who sought damages and declaratory relief over alleged bullying and the […]
PETRONAS said to seek US$1bil for Rio oil field stake sale
PETROLIAM Nasional Bhd is working with Bank of America Corp. to sell its 50% stake in the Brazilian oil field Tartaruga Verde, according to people familiar with the matter. Read […]
Pakistan police arrest 120 workers of ex-PM Imran Khan’s party ahead of protest
LAHORE, Pakistan (Reuters) -Police arrested 120 activists of Pakistan’s main opposition party in raids overnight, security officials said, ahead of protests planned for Tuesday, the second anniversary of the jailing […]