Mixed signals as US Fed hints at interest rate cut in 2024
WASHINGTON, 23 March 2023: Financial markets have quickly dismissed the latest interest rates hikes by the US Federal Reserve and instead focused on dovish signals in the de facto American …
Knights Award aims to foster business growth beyond mere recognition
KUALA LUMPUR, 22 March 2023: While most awards tend to look back at past achievements, a new business-focused award launched today aims to foster firms within Malaysia and also in …
5 highways to conduct alternate toll-payment trials from September
PUTRAJAYA, 21 March 2023: Works Minister Datuk Seri Alexander Nanta Linggi today announced alternate toll payment methods will start on five highways from September – using credit and debit cards, …
Sunway REIT buys 6 hypermarket buildings from EPF
PETALING JAYA, 17 March 2023: Already the second largest real estate investment trust (REIT) in Malaysia, Sunway REIT Management Sdn Bhd has added six freehold hypermarkets located in the Klang …
Competitors commit US$30 billion emergency fund to avoid another bank collapse
NEW YORK, 17 March 2023: The US banking sector has closed ranks to prevent further closures after the collapse of Silicon Valley Bank (SVB) and Signature Bank in recent days. …
Silvergate is 3rd sunk US bank, Credit Suisse also tanking
NEW YORK, 16 March 2023: Silvergate Capital has become the third US financial institution to collapse in a matter of days as it joins of Silicon Valley Bank and Signature …
Bank deposit insurance scheme avoided US financial system collapse
NEW YORK, 14 March 2023: Recent sharp hikes in interest rates by the US Federal Reserve to contain inflationary pressures resulted in two major banks crashing over the past week …
Discounted airfares galore ahead of Matta Fair 2023
KUALA LUMPUR, 13 March 2023: Airfares are being offered at hefty discounts at the MATTA Fair 2023 this weekend, from Friday March 17 to Sunday March 19. First to announce …
Batik Air offers fixed airfares to East Malaysia for Raya travel
PETALING JAYA, 11 March 2023: Batik Air Malaysia is offering over 10,000 extra seats on flights mounted for Hari Raya Puasa-related travel with fixed airfares for routes linking Kuching and …
AirAsia restarting cadet pilot scheme
SEPANG, 8 March 2023: AirAsia is resuming its 24-month Cadet Pilot Programme after a two-year hiatus during the pandemic – while making a special note to attract more female applicants …