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Merchantrade buys money changer Vital Rate
KUALA LUMPUR: Merchantrade Asia Sdn Bhd, the biggest money services business (MSB) provider by agent network in the country, has acquired money changing company Vital Rate Sdn Bhd.
Online remittance saves 3% in fees versus tradional money transfer methods
TODAY, people are paying up to 3% more in fees every time they remit money out of Malaysia with traditional money transfer channels.
Telcos make inroads in remittance
THE race is heating up to capture the next big thing in financial services, dubbed MFS or mobile financial services.
Merchantrade target RM4.1b remittance transactions in 2015
KUALA LUMPUR: Merchantrade Asia Sdn Bhd, Malaysia's largest non-bank licensed remittance and money exchange service provider, has target an estimated RM4.1 billion in remittance transactions in 2015.
Celcom launches quick and secure cash transfer service in nine countries
Celcom Axiata Bhd, the first and foremost mobile telecommunications provider in the country, is offering its customers the convenience of using mobile phones to remit money to family and friends via a remittance service called Doowit.
Nepali feeling lonely as friends flee country
GEORGE TOWN: Security guard Padam Limbu, 25, has no qualms about the crackdown against illegal immigrants as he has a valid work permit.
Telcos promise to fix prepaid registration issues
Several companies who were fined by the Malaysian Communications and Multimedia Commission (MCMC) on March 12 for failing to ensure proper registration of prepaid user accounts have reaffirmed their commitment to address the problem.
MCMC fines five telcos for false prepaid SIM card registration
Get in touch with us on Facebook (www.facebook.com/techcentral), Twitter (@starintech) or e-mail (bytz@thestar.com.my) if you were affected by the false prepaid registration.
Telco Axiata strengthens regional hold, controls 34% of Cambodian market post-acquisition
BEING one of the biggest Asian telecommunications companies with operations across ten countries, Axiata Group Bhd has flexed its muscles to firm its grip on the Cambodian market. It is present in Malaysia, Indonesia, Sri Lanka, Bangladesh, Cambodia, India, Singapore, Iran, Pakistan and Thailand.
Four held after tip-off on home-made rifle
KLUANG: Police have arrested four men and seized a home-made rifle during an operation.
