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1-10 results from 1000 for query «ringgit»

September 5, 2018 7:18 AM MATTA unveils prepaid travel card

GEORGE TOWN: The Malaysian Association of Tour and Travel Agents (MATTA) today announced a new product from its partnership with homegrown FinTech company ManagePay Systems Berhad (MPay) - an innovative travel card and loyalty solution. The "Jelajahi Negaraku Malaysia" card offers loyal MATTA customers perks such as attractive cashback deals and special 67

September 3, 2018 1:28 PM BNM seen holding key rate

KUALA LUMPUR: Bank Negara Malaysia (BNM) is expected to keep its benchmark interest rate unchanged at a meeting tomorrow, as it keeps tabs on how far the United States and China will take their ongoing trade war. All 11 economists polled by Reuters see BNM holding its overnight policy rate at 3.25%. Malaysia has raised its policy rate once this year – by 25 basis 6

September 3, 2018 4:31 AM Azmin confirms HSR postponed with no fine, project to resume later

SHAH ALAM: Datuk Seri Mohamed Azmin Ali (pix) today confirmed an agreement has been reached to postpone the High-Speed Rail (HSR) project to a future date without any compensation, and that the project would resume once the deferral ends. The Economic Affairs Minister said the consensus with his Singapore counterpart was reached last week after a series 8

August 28, 2018 9:46 AM Consultant reviewing Pan Borneo Highway has yet to present findings

KUALA LUMPUR: The two weeks given to the consultant appointed to review the awarded contracts in relation to the Pan Borneo Highway are over, and they must present their findings to the government. Works Minister Baru Bian said he had yet to receive any information regarding the review, which was to look for ways to reduce the cost and scope of the highway's 4

August 17, 2018 2:47 AM Ringgit opens flat against US dollar

KUALA LUMPUR: The ringgit was traded unchanged against the greenback from yesterday's close as investors awaited the announcement of the country's second-quarter economic growth report by the central bank. At 9am, the local note was traded at 4.1030/1070 against the US dollar. A dealer said traders were also holding back as Washington will be resuming 7

August 16, 2018 6:48 AM Ringgit decline in line with fall in global currencies: Mahathir

KUALA LUMPUR: The decline in the value of the ringgit against the US dollar is in line with the fall in other global currencies, caused by the global economic uncertainties, said Prime Minister Tun Dr Mahathir Mohamad (pix). He said among these uncertainties was the trade war between the United States (US) and China. "The currencies of many countries 9

August 14, 2018 7:56 AM Mahathir’s water-war with Singapore

More than 30 years ago, back in the mid-1980s, a Malaysian friend who lives in Singapore told me that if Malaysia ever cuts off the water supply to Singapore, Singaporeans will not go thirsty (like in 1941 when the Japanese did that). Singapore has enough water although they may have to ban garden hoses and the washing of cars. The reason this Malaysian-Singaporean 14

August 13, 2018 2:46 PM Malaysia-China relations have hit rock bottom, and Mahathir knows it

Dr Mahathir Mohamad has issued a stern warning to China against further militarising the South China Sea (see news item below). Speaking to The Associated Press days ahead of his visit to Beijing, the Prime Minister announced that he would seek to cancel multibillion-dollar infrastructure projects that his predecessor, Dato’ Seri Najib Tun Razak, signed 24

August 13, 2018 1:28 PM Maybank IB named best investment bank for fourth time

KUALA LUMPUR: Maybank Investment Bank Bhd (Maybank IB) was named the best Malaysian investment bank for the fourth time in a row in the Euromoney Awards for Excellence 2018. According to Euromoney, the accolade has been conferred on Maybank for its strong performance during the period under review. “Maybank IB had gone from strength to strength as a regional 14

August 10, 2018 3:54 PM What really happened to the RM18 billion GST money

Lim Guan Eng says the Barisan Nasional government stole RM18 billion of the RM19 billion GST money. Najib Tun Razak says the RM18 billion has not been stolen and is still there. Businessmen are saying they have not yet been refunded their GST claims and Guan Eng says the government cannot pay the GST refunds because the money has disappeared. The truth 14