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Business 10 Feb 2003 | 12:00 AM Premium

Offering more for MICE events

Property Talk: A weekly column by S.C. Cheah.This week he says that the proposed Kuala Lumpur Convention Centre, to be launched Tuesday, will add another landmark to the capital city.

Business 24 Oct 2008 | 12:00 AM Premium

Australian gov't under pressure over frozen cash

CANBERRA, Australia (AP) - Australia's government came under pressure Friday to change its unconditional guarantee for bank deposits after other financial institutions froze funds to prevent an investment exodus.

Business 06 Feb 2013 | 12:00 AM Premium

New Islamic Financial Services Act to enforce management of syariah non-compliance risk

KUALA LUMPUR: The new Islamic Financial Services Act (IFSA) 2012 will statutorily enforce the management of syariah non-compliance risk and require Islamic financial institutions to ensure that their aim, operation, business, affairs and activities are syariah-compliant at all times.

Business 08 Mar 2013 | 12:00 AM Premium

Financial Services Act to spark new insurance company mergers?

PETALING JAYA: Will the soon-to-be-gazetted Financial Services Act (FSA) and Islamic Financial Services Act (IFSA) spark another round of consolidation among domestic insurers?

Business 19 Mar 2013 | 12:00 AM Premium

Time dotcom keeps ‘buy’ call on promising outlook

IN our recent company visit, Time dotCom Bhd (TdC) shared the expectation of securing more indefeasible rights of use (IRU) sales in the first half of 2013 due to the spillover effect from the fourth quarter 2012.

Business 21 Mar 2013 | 12:00 AM Premium

Bank Negara is liberalising foreign exchange rules to enhance competitiveness

KUALA LUMPUR: Bank Negara is liberalising the foreign exchange administration rules to enhance the economy’s competitiveness and further develop the domestic financial market.

Business 01 Apr 2013 | 12:00 AM Premium

New rules to see some takaful companies separating life and general operations

PETALING JAYA: Although the Islamic Financial Services Act (IFSA) is expected to see some takaful players, especially those with a composite licence, split their life and general operations, it has not deterred their gameplan to strengthen and grow their takaful business amid the growing and competitive Islamic insurance landscape.

Business 12 Apr 2013 | 12:00 AM Premium

Staff pinching worry in insurance arena

PETALING JAYA: With the Financial Services Act (FSA) and Islamic Financial Services Act (IFSA) around the corner, the pinching and hiring of talent is expected to intensify among composite insurers and takaful players amid the talent crunch in the competitive insurance arena.

Business 13 Jul 2013 | 7:21 AM Premium

Report: Malaysia's Islamic Finance Overhaul Boosts Protection For Depositors

KUALA LUMPUR/DUBAI: New laws governing Malaysia's Islamic finance sector will boost protection for depositors by making religious advisers legally accountable for financial products, and liable to steep fines and prison time for wrongdoing.

Business 15 Jul 2013 | 12:00 AM Premium

Takaful industry faces hiccups under new legislation

KUALA LUMPUR: The takaful industry, which expects new business growth of at least 20% this year, faces some hiccups with the implementation of new legislation in the form of the Islamic Financial Services Act (IFSA) 2013.