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Arhtur Yeoh is a Malaysian certified public accountant, working as a finance manager in China. Yeoh finds his job challenging - bureaucracy and temptations in a land of opportunity are issues he encounters. Inthe second of a four-part series on Malaysians working in Shanghai, he shares his working experience with i>StarBiz/i>.
The management of risks in Islamic banking is becoming more challenging today because of its peculiar risk characteristics and the requirement for compliance with syariah principles.
SETBACKS such as the recent losses incurred by Bank Islam Malaysia Bhd will not affect the Islamic banking sector, as Malaysia's Islamic banking system is still very sound, said Dr Mohd Ishak Ismail, the chief executive of Malaysian Institute of Corporate Governance (MICG).
NEW YORK: Delta Air Lines Inc., which lost $2.6 billion (euro2.22 billion) in the first nine months of this year, needs the $3 billion (euro2.56 billion) in annual cost savings from its reorganisation plan to survive, chief financial officer Edward Bastian told a bankruptcy court.
CROSS-BORDER transactions are among the many innovative financial instruments that can help speed up the development of Malaysia#146;s Islamic capital market, argue several practitioners.
THE battle for control of QSR Brands Bhd continues as Kulim (M) Bhd's votes at an EGM held on Sept 20 were disregarded and the nine directors, who were thought to have been ousted last month, will remain on the board of QSR. The Sept 20 EGM had been adjourned and it was reconvened yesterday.
A tiny sensor has caused big headaches for the aircraft manufacturing industry because of State Department concerns about foreign sales of the part.
THE liberalisation of the Foreign Exchange Administration rules, announced March 23, literally made headlines in the Malaysian press. However, it is not just for Malaysians and the domestic market that the relaxation is significant but also on the international front.