Malaysia Morning News For June 27
Foreign banks lose out to local rivals on earnings but they still hold advantage While locally incorporated foreign banks did not see as high earnings growth as their local counterparts in the first quarter of […]
Foreign banks lose out to local rivals on earnings but they still hold advantage While locally incorporated foreign banks did not see as high earnings growth as their local counterparts in the first quarter of […]
Singapore is falling behind Hong Kong, just do the math ‘People in Hong Kong on average have US$29,000 each a year to spend on themselves while Singaporeans have only US$19,000, and the margin is growing […]
New rules for digital payments The central bank has issued new regulations governing the licensing of payment services providers (PSPs), requiring that all firms providing online services to accept electronic payments have at least $2 […]
Investors pour US$9bil into Asian bonds, Malaysia benefits Asia bond demand is running at its highest level in eight months and looks set to stay firm this year, boosted by the region’s higher returns at […]
SINGAPORE’S GROWTH IN 2017 SET TO RISE DESPITE UNEVEN SECTOR PERFORMANCE Improved growth dynamics and the ongoing recovery in global trade mean a higher growth forecast of 2.7% for Singapore’s gross domestic product (GDP) in […]
1.1 tons of cocaine hidden among frozen mackerel The authority said yesterday this was the biggest cocaine smuggling haul found in China in recent years. The cocaine, packed in a container, was scheduled to be […]
Singaporean firm to build platform for Malaysia’s life insurers A unit of Singapore-based tech firm Silverlake Axis has won a contract to develop a digital platform for life insurance and takaful providers in Malaysia. — […]
The $100 Billion City Next to Singapore Has a Big China Problem The $100 billion city rising from the sea next to Singapore has hit a roadblock: China’s capital controls. — Bloomberg Singapore: Qualgro spins […]
Cambodia’s Central Bank Pushes Ahead with Blockchain Payments Trials Cambodia’s central bank has revealed plans to continue to develop interbank payment solutions using blockchain. — CoinDesk Cambodian PM Hun Sen tells opponents to ‘prepare coffins’ […]
Solid Q1 performance fuels forecast upgrade The economy seems to have started Q2 on a downbeat note according to recent economic indicators. In April, industrial production growth slowed as a result of a contraction in […]
New Study Shows Singapore Companies Outpace Hong Kong Rivals in Internet Marketing A new study has found that Singapore businesses are three times more likely to be switched on to Internet Marketing than their rivals […]
Pampanga, in Central Luzon the Philippines, is to host the inaugural Asean Youth Conference (AYC) between November 10-13 as part of Asean’s 50th anniversary celebrations. To be held under the theme ‘Towards Asean Community Vision 2025 – It […]