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THE Asian way of business based on the extended family and tight personal ties which have served Chinese entrepreneurs so well in the past, are unlikely to serve East and South-East Asia as well in the future, chairman and chief executive officer of LIN Associates Tan Sri Dr Lin See Yan said.
THE local stock market rallied for a second consecutive day yesterday after economic information released on Monday and better corporate results suggested that more fundamental reasons to back up higher stock prices could emerge during the second half of the year.
THE economy expanded stronger than expected in the second quarter, thanks in part to the RM7.3bil stimulus package launched by the government, said Bank Negara governor Tan Sri Dr Zeti Akhtar Aziz.
BANK Islam Malaysia Bhd will soon be announcing a strategic alliance with a major European bank with which it plans to jointly develop new Islamic products for the local and overseas markets.
EIGHT local financial institutions have officially migrated to Europay-MasterCard-Visa (EMV) chip-based smart cards and the remaining nine are actively in the planning and implementation stages, Visa International country manager for Malaysia, Brunei and Guam, Jeffrey Perera said.