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Public Bank net profit up 13% to RM1.2bil

31 July 2015

PETALING JAYA: Public Bank Bhd’s (PBB) net profit was up 13.29% to RM1.2bil on the back of a 16.72% jump in revenue to RM4.74bil for its second quarter to June 30. The better earnings were mainly due to a healthy growth in loans and deposits, and stable asset quality.

Trade payment defaulters on the rise, stringent checks needed

31 July 2015

PETALING JAYA: There is a gradual increase in trade payment defaulters faced by participating members of RAM Credit Information Sdn Bhd (RAMCI). Those extending credit should practise stringent checks

Sabah and Sarawak likely to get more for telecommunications and broadcasting

31 July 2015

EVEN before Datuk Seri Salleh Said Keruak can warm up his seat as the new Communications and Multimedia Minister, the buzz is that both Sabah and Sarawak are likely to get more in capital expenditure (capex) to improve the level of telecommunications and broadcasting services there.

Bank Negara stemming the decline of the ringgit

31 July 2015

PETALING JAYA: As the downward pressure on the ringgit mounts, Bank Negara has adopted gentle suasion methods to stem the decline.

Malaysia, other Pacific trade negotiators chase final deal amid tough talks

31 July 2015

LAHAINA, Hawaii: Pacific Rim trade ministers, including Malaysia's Mustapa Mohamed(pic), neared the final spurt of negotiations on an ambitious free trade pact on Thursday, but differences over farm exports and monopoly periods for next-generation drugs were preventing them from reaching an elusive final deal.

Malaysia Diary Friday July 31

31 July 2015

KUALA LUMPUR: ALL TIMES ARE PROVISIONAL AND IN LOCAL TIME FOLLOWED BY GMT IN BRACKETS

Malaysia's Khazanah Nasional setting up London office

31 July 2015

KUALA LUMPUR: Khazanah Nasional Bhd is setting up an office in London this quarter to expand the sovereign wealth fund’s exposure to the developed markets.

BTM queried over spike in share price

31 July 2015

PETALING JAYA: Integrated timber company BTM Resources Bhd has been issued with an unusual market activity (UMA) query by Bursa Malaysia after the company’s share price and volume increased significantly over the last few days.

Hong Leong Assurance targets medium-to-high income group

31 July 2015

KUALA LUMPUR: Hong Leong Assurance has launched HLA Million Plus, an investment-linked endowment plan that targets the medium-to-high income bracket.

New card: (From left) Visa Malaysia country manager Ng Kong Boon, UOB Malaysia executive director and cards and payment products head Sue Wong and Annie Tan launching the new UOB PRVI Miles credit card.

UOB launches new credit card, especially for travellers

31 July 2015

PETALING JAYA: United Overseas Bank (M) Bhd (UOB Malaysia) has launched a new credit card, UOB PRVI Miles, especially for customers who travel a lot. UOB Malaysia managing director and country head of personal financial services Annie Tan said the launch of the UOB PRVI Miles card was timely.

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