KUALA LUMPUR: Bank Negara Malaysia (BNM) is actively evaluating the potential of central bank digital currency (CBDC) which is driven by the growing technology and payment landscape. Deputy Finance Minister I Datuk Mohd Shahar Abdullah said the CBDC is different from cryptocurrency in that it is a digital currency issued
WASHINGTON: The Biden administration has lifted Trump-era tariffs on 352 Chinese products as part of its new approach to trade with China, the Office of the US Trade Representative (USTR) said in a statement, Sputnik reported. The statement referred to the USTR’s previously announced intent to remove the 352 products
KUALA LUMPUR: The implementation of Borneonisation gives priority to Sabah and Sarawak Bumiputera to hold senior posts in the federal civil service in the two states, said Minister in the Prime Minister’s Department (Sabah and Sarawak Affairs) Datuk Seri Dr Maximus Ongkili. He said to date, all 109 federal department
KUALA LUMPUR: Four new undersea cables are currently under construction to help meet the network needs in Malaysia, the Dewan Negara was told today. Communications and Multimedia Minister Tan Sri Annuar Musa said the four cables are the Bay to Bay Express (BtoBE) Cable System by Facebook in collaboration with
KUALA LUMPUR: The prosecution today filed two amended charges against Muar Member of Parliament Syed Saddiq Syed Abdul Rahman in connection with the charges of criminal breach of trust (CBT) involving RM1 million and misappropriation of RM120,000 belonging to the youth wing of Parti Pribumi Bersatu Malaysia (Bersatu), the Angkatan
SINGAPORE: Singapore will reopen its borders to all fully vaccinated travellers from its General Travel Category countries or regions and will transition to a new Vaccinated Travel Framework from April 1, 2022. The Civil Aviation Authority of Singapore (CAAS) said under the new Framework, all fully vaccinated travellers from any
KUALA LUMPUR: The appointment of a new head coach in South Korean Kim Pan Gon has had the desired effect on the national football team as they carved out an impressively dominant 2-0 win over the Philippines in a Tier-1 international friendly last night. The match, played at the National
KUALA LUMPUR: A rule of thumb every employed person should abide by is not to touch his or her retirement fund, no matter what happens. However, not everyone has the financial resilience to withstand the economic shock brought on by major events, such as the COVID-19 pandemic and the lockdowns
WASHINGTON: Hillary Clinton announced Tuesday that she has tested positive for COVID-19. The 74-year-old former United States secretary of state and 2016 presidential candidate, shared the news in a tweet stating that she was experiencing mild symptoms, reported United Press International (UPI). “Well, I’ve tested positive for COVID. I’ve got
KUCHING: Congregational obligatory and sunnah prayers can be conducted in mosques and surau in Sarawak without observing physical distancing from April 1. According to the Sarawak Islamic Religious Council, the new standard operations procedure (SOP) is in line with the transition to the COVID-19 endemic phase. Based on the latest
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