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MBSB to transform into Islamic after failed mergers

KUALA LUMPUR: After two failed merger attempts with Islamic banks, Malaysia Building Society Bhd is opting to transform into a syariah lender by itself.


MSM expects to reduce cost by up to 50% with new refinery

PASIR GUDANG: MSM Malaysia Holdings Bhd (MSM) is looking to reduce its sugar processing costs by about one-third to half once its largest integrated sugar refinery at Tanjung Langsat in Johor is fully commissioned by late 2017.


Empowering youth at the Ikal Mayang festival

Donate RM50 to provide a youth with an opportunity to attend WOMEN:girls’ Ikal Mayang’s workshops.


Contributions of Indian Muslim community acknowledged

KUALA LUMPUR: The contributions of the Indian Muslim community is commendable, and the Government depends on its continued support, said the Deputy Prime Minister.


Former director claims trial to RM80mil CBT charge

KUALA LUMPUR: A former company director claimed trial in a Sessions Court in Ampang here to charges of cheating the board of directors, making false declarations and committing criminal breach of trust (CBT) involving more than RM80mil.


Former company director claims trial in cheating case involving RM80mil

KUALA LUMPUR: A former company director has been charged in the Sessions Court here with cheating the board of directors, making a false declaration and criminal breach of trust involving more than RM80mil.


Moody’s changes macro profile for Malaysia

KUALA LUMPUR: Moody's Investors Service has changed the macro profile for Malaysia to “Strong-" from "Strong", to reflect the deteriorating operating environment for the Malaysian banks.


Bank launches first universal takaful haj product with its partner

CIMB Islamic Bank has rolled out the latest addition to its stable of financial solutions, Takaful Suria.


Banking downgrade unlikely

Analysts wary its outlook may be impacted if economic conditions worsen


CIMB puts finishing touch to structure

Zafrul will take on additional role as CIMB Bank CEO next week