Malaysian banks comply with Basel III capital and liquidity ratios: Malaysian banks are among those in the Asean region that are well-placed to comply with stricter capital and liquidity requirements under Basel III, says Moody’s Investors Service. Moody’s vice-president and senior analyst Alka Anbarasu said that in many cases Asean banks, namely those in Malaysia, Indonesia, Singapore, Thailand, Vietnam and the Philippines, were already 100% compliant, with the 60% minimum liquidity coverage ratio under Basel III. — Bernama
Eversendai bags RM250mil exhibition centre job in India: Eversendai Corporation Bhd
subsidiaries have secured new contracts worth RM250mil and pushed the total number of jobs this year beyond RM1bil in the first half of this year. The provider of specialist engineering and construction services said today the new jobs were secured by its subsidiary companies in Malaysia, India and United Arab Emirates. The latest contract is to install structural steel, metal deck and shear studs as well as connection design, detailing and temporary engineering for the Dhirumbai Ambani International Convention and Exhibition Centre in India. - StarBiz
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