Abrar Anwar StanChart's Abrar Anwar is new chairman of BMCC Kuala Lumpur, 27 August 2020 – Abrar A. Anwar, Managing Director and Chief Executive Officer of Standard Chartered Malaysia has been elected as Chairman of the British Malaysian Chamber of Commerce Berhad (BMCC) effective 25 August 2020. His appointment was decided upon following the 2nd BMCC’s Annual General Meeting (AGM)
El Al plane set for Israel-UAE trip! As a result of the normalisation of relationship between the UAE and Israel, EL Al, the Israeli airline, is set to make its first trip to Abu Dhabi today. Among those set to be on the flight is White House senior adviser Jared Kushner and several other senior Trump administration
1MDB Mauritian anti-graft agency seeking Leissner's accomplice in Thailand The Mauritian anti-corruption agency or ICAC says it is looking forward to interrogate an individual, not named by the agency, linked to the 1MDB fraud in Mauritius. The ICAC, sources say, believes the accomplice, a Mauritian, is not in Mauritius and may have fled to Thailand. The Mauritian, the agency
future Business, Finance and Money at Worldfuturetv The Business, Finance and Money portal sister to the WFTV.LIVE. With daily updates and media releases posted on the portal, you will get most of the business related news happening in Malaysia in particular. For media releases, email us at kazimahmood@gmail.com https://pagead2.googlesyndication.com/pagead/js/
1MDB Century Bank in Mauritius loses license due to Najib-links Local newspapers in Mauritius say the Century Banking Corporation (CBC) had its licence revoked by the Bank of Mauritius because of links to the Najib Razak scandal in Malaysia. Le Defi, a printed and online newspaper says according to its sources, the licence of the bank was revoked in partly
Ameenah Gurib-Fakim A nation-wide protest will not deter MSM and allies Mauritians of all walks of life are set to support a movement against the ruling MSM-ML-ex-MMM coalition. The protest scheduled for today, Saturday 29 August, will take place in Port Louis, the capital city. It is dubbed the ‘Marche citoyenne’ and organised by an activist named Bruneau Laurette. The latter
Tourism: 120 million jobs at risk! At least 120 million jobs in the tourism sector are at risk due to the prolonged COVID-19 lockdown across the world. And in addition to this, jobs in associated sectors are also at risk. They include food service, that provide employment for 144 million workers worldwide and they are also
cryptocurrency North Korea aligned to actors in cryptocurrency vertical hack Singapore – August 27, 2020: Yesterday, cyber security provider F-Secure published a report linking an attack against an organization working in the cryptocurrency vertical to Lazarus Group – a highly-skilled, financially-motivated threat actor whose interests reportedly align with the Democratic People’s Republic of Korea (DPRK). By connecting evidence obtained from the
cryptocurrency North Korea aligned to actors in cryptocurrency vertical hack Singapore – August 27, 2020: Yesterday, cyber security provider F-Secure published a report linking an attack against an organization working in the cryptocurrency vertical to Lazarus Group – a highly-skilled, financially-motivated threat actor whose interests reportedly align with the Democratic People’s Republic of Korea (DPRK). By connecting evidence obtained from the
attack NZ Mosque terrorist Trant gets life imprisonment The Christchurch mosque attacker Brenton Tarrant will never be released from jail. He gets life and will be known as the first terrorist to get jail in New Zealand. He is a terrorist, an inhumane and wicked mass killer – a “monster” and “undoubtedly” New Zealand’s “worst murderer”. And now
MyHSR Corp calls for tenders for land, impact assessment consultant Following the Government’s announcement in May 2020 to resume discussions on the Kuala Lumpur – Singapore High Speed Rail (KL-SG HSR) project, MyHSR Corporation Sdn Bhd (‘MyHSR Corp’) is launching two (2) tenders to procure the services of consultants to assist with regulatory submissions to the relevant authorities. The two
New politically-funded portals in Malaysia? Rumours has been flying around in Kuala Lumpur of the launch of two new politically-funded news websites. Messages on WhatsApp say the portals are backed by powerful political figures. One from the government, representing the Perikatan Nasional, and one from the opposition. While PN is said to be behind one
Johor PCG and LG CHEM to build NBL Plant in Pengerang KUALA LUMPUR, Aug 24 (Bernama) — PETRONAS Chemicals Group Berhad (PCG) and LG Chem recently inked an agreement to build a Nitrile Butadiene Latex (NBL) manufacturing plant at Pengerang Integrated Complex (PIC) in Johor to target the growing nitrile glove market, further strengthening Malaysia’s position as the largest exporter of
electric vehicle Cars are getting more and more electric in Malaysia KUALA LUMPUR —August 26, 2020: More electric cars are penetrating the malaysian market with MINI introducing its new all-electric vehicle. The premium automaker marks its 61st birthday with launch of the electric vehicle, further expanding its premium electrified segment. “As a brand set in the cornerstones of passion, MINI continues
aaidila razak PH allowed media freedom: Aidila Razak Aidila Razak, special reports editor at Malaysiakini says the Pakatan Harapan government did not curb on media freedom. But under the new government, the media is cautious and journalists and editors are on their toes. “When I first started about 10, 11 years ago, there were more consistent examples of
Sunway. Harvard Advances in Potential Cancer Treatment using Gene Therapy KUALA LUMPUR, Malaysia, Aug. 26, 2020 /PRNewswire/ –Sunway University in collaboration and research collaborators from Harvard Medical School’s Center made advances in studying the efficacy of molecular gene therapy as a new strategy for cancer treatment. The research could potentially contribute to shorter treatment time for cancers and reduce
agrikomoditi Prestasi perdagangan sektor agrikomoditi meningkat 2.7% (Jan-Jun) KUALA LUMPUR, 24 Ogos (Bernama) — YB Dato’ Dr. Mohd Khairuddin Aman Razali, Menteri Perusahaan Perladangan dan Komoditi (KPPK) ingin memaklumkan Prestasi Perdagangan Sektor Agrikomoditi bagi tempoh Januari hingga Jun 2020. Bagi tempoh Januari hingga Jun 2020, sektor agrikomoditi telah mencatatkan jumlah nilai dagangan sebanyak RM82 bilion, meningkat 2.7 peratus
asean Global supply chain shifts will have mixed credit implications for ASEAN economies Singapore, August 24, 2020 — * Risk mitigation will lead to reduced dependence on China in global value chains * Diversification will benefit ASEAN, but localisation of production will have negative effects for ASEAN producers Moody’s Investors Service says in a new report that shifting supply chains as countries reconfigure trade relationships
Fordoz Pharma Fordoz Pharma, Lupin bekerjasama pada pembangunan 2 produk suntikan kompleks EAST WINDSOR, N.J., 24 Ogos (Bernama) — ForDoz Pharma telah menandatangani perjanjian dengan Lupin, untuk memasarkan dan mengedarkan 2 produk suntikan kompleks yang berada dalam peringkat pembangunan lanjutan di ForDoz, di AS dan wilayahnya. Produk ini adalah dalam bidang terapi Onkologi dan Anti-jangkitan yang setelah diluluskan, akan menyediakan alternatif mampu
AmBank launches first term loan linked to a point-of-sale terminal KUALA LUMPUR, Aug 24 (Bernama) — AmBank has launched PayG, Malaysia’s first term loan where its size is linked to the volume of business processed through a merchant POS terminal. This will enable clients to access working capital that is aligned to the size of their business and offers greater
CPA Australia Digital wallets usage rising in Malaysia: Survey KUALA LUMPUR, MALAYSIA – Media OutReach – 24 August 2020 – Over 75 per cent of Malaysian businesses have embraced at least one FinTech product or service over the past 12 months, according to findings from a new regional survey of business FinTech usage by global professional accounting organisation CPA Australia. Mobile payments
airbags Proton encourages Perdana owners to replace airbags – Replacement of Takata airbags currently 87.5% complete – Affected Proton Perdanas built from 2012 to the end of August 2018 Subang Jaya, 24 August 2020 – PROTON is appealing to owners of the Proton Perdana to bring their vehicles to authorised Proton service centres as soon as possible to have the
Speedy certificate of completion approval could create 65,000 jobs KUALA LUMPUR, Aug 25 (Bernama) — A new concept, called the ‘silence implies consent after 28 days’, will be introduced by the Government for obtaining the Certificate of Completion and Compliance (CCC) for completed buildings. Malaysia Productivity Corporation (MPC) Director General, Dato’ Abdul Latif bin Haji Abu Seman said the construction
financial results Kenanga Group Triples Q2 Profit Before Tax Digitalisation enabled gains from retail surge Kuala Lumpur, 24 August 2020 – Kenanga Investment Bank Berhad (“Kenanga Group”) today announced its second quarter financial results (“2Q20”). Profit before tax (“PBT”) stood at RM25.9 million, an increase of three folds from same period last year. Kenanga Group registered a net income
Dataiku raises $100mn to extend leadership in enterprise AI market Stripes leads Series D as Tiger Global Management joins existing investors Battery Ventures, CapitalG, Dawn Capital, FirstMark Capital and ICONIQ NEW YORK, Aug 24 (Bernama) — Today, Dataiku, a leading global Enterprise AI and machine learning platform, announced a $100 million Series D investment round led by Stripes, with a major
