PETALING JAYA: There is little change in the ringgit, which is near its lowest level in more than a year, ahead of Bank Negara’s scheduled interest rate meeting tomorrow. The market is expecting the central bank to hold its benchmark overnight policy rate (OPR) to shore up the local currency.
PETALING JAYA: After two failed merger attempts, Malaysia Building Society Bhd (MBSB) is rumoured to be in merger and acquisition talks again, this time with Asian Finance Bank Bhd (AFB), sources say. AFB is one of the three stand-alone Middle Eastern-based Islamic banks operating in Malaysia.
JOHOR BARU: The Government should give special incentives and tax breaks to spur development of the Ibrahim International Business District (IIBD).