Author: Bernama

AmBank, Lazada to offer local MSEMs up to RM2 mln for business financing

KUALA LUMPUR: AmBank Group has partnered with Lazada, Southeast Asia’s pioneer e-commerce platform, to offer business financing of up to RM2 million to empower micro, small and medium enterprises (MSMEs) on Lazada Malaysia’s platform to grow and sustain their online businesses. AmBank’s Retail Banking managing director Aaron Loo said the

Vietnam Airlines opens ticket sales for upcoming Tet holiday

HANOI: Vietnam Airlines Group, which manages Vietnam Airlines, Pacific Airlines and VASCO, has opened ticket sales for Lunar New Year (Tet) Holiday from Jan 6 to Feb 5, 2023. Tickets are available on Vietnam Airlines’ website, mobile app and official ticket offices and agents nationwide from today, reported Vietnam News

Marketability of KPLB’s TVET graduates above national standard

KUALA LUMPUR: The marketability of graduates of Technical Education and Vocational Training (TVET) Institutions under the supervision of the Ministry of Rural Development (KPLB) (TVET@KPLB) has exceeded the national standard. Rural Development Minister Datuk Seri Mahdzir Khalid said the average graduate employability rate for all TVET@KPLB educational institutions has now

Malaysia uses foreign funds to train Myanmar refugees

KUANTAN: The government is using foreign funds to cover the cost of skills training that will be given to Myanmar refugees, said Foreign Minister, Datuk Seri Saifuddin Abdullah. He said that the government will not use public funds in an effort to help the refugees obtain skills in this country.

Federal Court to hear Najib’s final SRC appeal tomorrow

PUTRAJAYA: The country’s highest court is scheduled to hear former prime minister Datuk Seri Najib Razak’s appeal against his conviction and sentence for misappropriation of RM42 million of SRC International Sdn Bhd funds tomorrow. It is Najib’s final appeal after a three-man bench of the Court of Appeal on Dec

Ringgit to trade in tight range against US dollar

KUALA LUMPUR: The ringgit is expected to move in a tight range against the US dollar next week and trade between the 4.44 and 4.46 level, said a dealer. ActivTrades market analyst Alexander Londono said the greenback has touched a one-month low against the ringgit by breaking below the 4.44

Bank Negara Malaysia reassures payment system is safe, secure

KUALA LUMPUR: In light of the potential data breach incident announced by iPay88 (M) Sdn Bhd, Bank Negara Malaysia (BNM) has instructed banks to immediately notify affected cardholders of additional protective measures that will be taken to further protect them against risks of fraudulent or unauthorised transactions. It said the

Core inflation is projected at upper range

KUALA LUMPUR: Core inflation is projected to be closer to the upper end of the 2.0 to 3.0 per cent range in 2022, as demand continues to improve amid the high-cost environment, said Bank Negara Malaysia (BNM) Governor Tan Sri Nor Shamsiah Mohd Yunus. She said upside risks to the

6th Royal Award for Islamic Finance to be conferred on Oct 4

KUALA LUMPUR: The sixth Royal Award for Islamic Finance will be conferred on Oct 4, 2022, in Kuala Lumpur. This is to recognise visionary individuals with outstanding achievements and innovative ideas that contribute significantly to the growth of Islamic finance, the global economy, and the social progress of communities around