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KUALA LUMPUR: Bank Rakyat says the decision to cease the operations of subsidiary Rakyat Holdings Sdn Bhd as well as units under that subsidiary was made in order to prioritise and focus on its financial services business.
KUALA LUMPUR: Bank Pembangunan Malaysia Bhd (BPMB) and Danajamin Nasional Bhd have received the approval of Bank Negara to commence negotiations under the first phase of the government’s proposed merger involving the country’s development financial institutions (DFIs).
JOHOR BARU: Tokyo Olympics next year is the best platform for Malaysian entrepreneurs, including the small and medium enterprises (SMEs), to showcase their products to the world.
PENANG’S first Urban Transformation Centre (UTC) in Kompleks Tun Abdul Razak (Komtar) will open by the middle of next year.
PETALING JAYA: The CEO of the company developing Malaysia’s first air mobility vehicle or “flying car” has welcomed an audit of his firm, saying not a single sen of public money was or will be used for the purpose.
KUALA LUMPUR (Bernama): The Entrepreneur Development Ministry (MED) says that the RM20mil allocated by the Malaysian Industry-Government Group for High Technology (MIGHT) was not for the “flying car” (super drone) project developed by Aerodyne Group.
KUALA LUMPUR: The "flying car" project received funding of RM20mil from the government despite it being touted as a private initiative project, says Parliament's Public Accounts Committee (PAC).