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1-10 results from 1000 for query «payments»

June 9, 2018 2:24 PM Who will declare Malaysia as bankrupt?

Tun Mahathir said today that Malaysia could be declared as bankrupt as our national debt is at critical state. How true is this and who will declare us as bankrupt? 1. Our national debt remains at RM680 billion – not RM1 trillion. The RM1 trillion includes contingent liability of RM200b and another RM150b of committed lease payments – both of which is never 15

June 7, 2018 12:08 PM Tune Protect invests in UK’s Laka

PETALING JAYA: Tune Protect Group Bhd’s wholly owned subsidiary Tune Direct Ltd (TDL) has bought a 9.99% equity interest in UK’s insurtech Laka Ltd for £499,478.07 (RM2.64 million). TDL today executed a subscription and shareholders agreement for the deal. The investment is part of a seed round funding by Laka, whereby TDL is the lead investor 6

June 5, 2018 2:29 PM MoF unit's board, Irwan responsible for lopsided pipeline deals: Lim

PETALING JAYA: Finance Minister Lim Guan Eng said today the board of directors of Suria Strategic Energy Resources Sdn Bhd (SSER) and Tan Sri Irwan Serigar in particular are responsible for the one-sided terms of the three-year long Trans-Sabah Gas Pipeline and Multi-Product Pipeline projects, which saw 88% of the project value drawn down based on timing 6

June 5, 2018 9:19 AM BNM declines to comment on talk of Governor resigning

KUALA LUMPUR: Bank Negara Malaysia (BNM) has declined to comment on talks that its Governor, Tan Sri Muhammad Ibrahim, had offered to resign. Social media has been rife with the rumour of his resignation following news quoting people familiar with the matter. Muhammad assumed the office of Governor on May 1, 2016, succeeding Tan Sri Dr Zeti AKhtar Aziz. He is the 8th Governor 8

May 24, 2018 10:41 AM Finance Ministry confirms funds from BNM, Khazanah used to service 1MDB debts

PUTRAJAYA: The Finance Ministry today confirmed that Bank Negara Malaysia (BNM) and Khazanah Nasional Berhad had made payments to the ministry in two separate deals to help service 1Malaysia Development Berhad (1MDB) debt obligations. Finance Minister Lim Guan Eng said the deals amounted to RM3.26 billion, of which RM2.06 billion was raised through the sale of a piece 6

May 2, 2018 4:34 AM RHB partners SME Corp to drive SMEs towards cashless transactions

KUALA LUMPUR: RHB Bank Bhd this morning signed a memorandum of understanding with SME Corp Malaysia to drive SMEs towards a cashless society. The collaboration includes RHB Bank appointing SME Corp as JomPay agent and offers SMEs the opportunity to adopt e-payment by leveraging on RHB Bank's Reflex Online Cash Management System and other RHB Bank digital 10

April 23, 2018 9:16 AM Caltex customer Waved and Wins Mercedes-Benz

CHEVRON Malaysia Limited, which markets the Caltex brand, recently concluded its “Caltex Wave & Win with Visa payWave” promotion which was organised in partnership with Visa. Penang resident Gary Yeap Zak Wang made the winning Visa payWave transaction and was awarded with a new Mercedes-Benz C 200 AMG for utilising the convenient contactless payment 46

April 20, 2018 4:09 AM MACC extends remand against trio over fake certificates

PUTRAJAYA, April 20 ― The Malaysian Anti-Corruption Commission has obtained a two-day extension to Sunday of the remand of three men, including an Indian national, in connection with the issuance of fake certificates of several private institutions of higher learning. Magistrate Khir Nizam Jemari allowed the extension following an application by the MACC. The three 9

April 16, 2018 2:46 PM Non-urban constituencies with lower income key battleground in GE14, research reveals

Higher growth in income in Opposition-run areas could further ‘entrench’ the support of non-BN parties in these areas, Dr Lee argues. ― Picture by Zuraneeza ZulkifliKUALA LUMPUR, April 16 — Non-urban constituencies with relatively lower household income will be a key battleground for Malaysia’s forthcoming polls as support for Opposition parties tend to be “entrenched 10

April 11, 2018 1:21 AM Ant said in talks to raise US$10b in Temasek-led funding

A logo of Ant Financial is displayed at the Ant Financial event in Hong Kong, China November 1, 2016. — Reuters picSINGAPORE, April 11 — China’s Ant Financial is seeking to raise at least US$10 billion (RM38.6 billion) in a funding round that could make the payments giant controlled by Alibaba-founder Jack Ma the most valuable startup in the world, according 14