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SYNDICATES who use the telephone to prey on people in Butterworth have continued to strike with ease. Two women are the latest to fall victims, losing around RM7,000 to callers who pretended to be Bank Negara officials.
GEORGE TOWN: Olympic Council of Malaysia deputy president and Asia's fastest man in the 1960's, Tan Sri Dr M. Jegathesan, will be proclaimed pro-chancellor of Universiti Sains Malaysia (USM) at the university's 43rd convocation on Saturday.
KUALA LUMPUR: The minimum annual income requirement for credit card eligibility has been raised to RM24,000 from RM18,000, effective immediately, in in a move to keep household debt at manageable levels, Bank Negara announced Friday.
BUSINESSMAN K. Surendran wants Bank Negara to take action against a bank for blacklisting him for falling to settle RM7, reported i>Makkal Osai/i>.
PETALING JAYA: Relaxing foreign shareholding cap in local banks and issuing new banking licences rather than solely focusing on either options will attract more foreign investments into the banking sector and facilitate growth and expansion in the sector.
SINGAPORE: Malaysian government bonds will benefit from 'second guessing' that interest-rate increases will be delayed as earthquake damage in Japan threatens the global economic recovery, according to RHB Research.
KUCHING: Updating personal information online through an email link sent by a 'bank' cost a woman RM5,000 in just a few clicks.
KUALA LUMPUR: Three directors of a gold investment scheme company, already facing money laundering charges, faced the Sessions Court on charges of illegal deposit-taking.