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Banks can now set up fund firms
THE central government released a long-expected regulation yesterday to allow some pilot commercial banks to launch fund management companies, clearing the major policy obstacles for the reform.
Budget carrier cancels flight plans
INDONESIA-BASED budget carrier Awair has aborted plans to fly to Singapore, citing delays in obtaining regulatory approval from the Civil Aviation Authority of Singapore.
Off to a good start
It was definitely a good start to the new year. A newcomer in the financial planning fraternity recently registered with the Registrar of Societies, the Malaysian Financial Planning Council (MFPC) kick-started the year with several national events held at Putra World Trade Centre.
Feedback from foreign colleges ,views on ways to attract overseas varsities sought
The country's five foreign university branch campuses have been asked to come up with a Cabinet paper outlining ways to attract more foreign universities here.
Foreign banks given nod to deal with renminbi
China's banking regulator has so far given the nod for 116 overseas banking institutions to conduct renminbi-denominated business as it opened the industry wider to foreign rivals.
Better times for 30,000 rural co-ops
China's more than 30,000 rural credit co-operatives have reported their first aggregate profit in more than 10 years, the nation's banking regulator said on Tuesday.
Overseas insurers get warm welcome
FOREIGN insurance firms are giving their Chinese counterparts a run for their money, despite the domestic market having only fully opened last month.
Optimistic about biotechnology
WILL there be enough jobs? This concern resonated loud and strong through the hall during the Biotechnology career talk, despite the reassurance of the speakers.
Rise in tariffs to be linked to better services
The thrust of the Government's move to centralise the regulation of water supply is to ensure that services are improved before tariff increases are allowed.
