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Banking 18 Oct 2016 | 6:03 AM

Bank Negara expands eligibility criteria for fintech Regulatory Sandbox Framework

KUALA LUMPUR: Bank Negara has expanded the eligibility criteria to clarify the focus of innovations that the Financial Technology (fintech) Regulatory Sandbox Framework aims to support.

Business 18 Oct 2016 | 6:18 AM

Financial planner: Retirement planning must include housing, social engagement

KUALA LUMPUR: Retirement planning must include housing and social engagement for retirees to maintain their standard of living in old age, a syariah-registered financial planner said.

Business 18 Oct 2016 | 7:44 AM

KLCI up 7.41 points at midday as the US dollar retreats

KUALA LUMPUR: The FBM KLCI rallied by 7.41 points to 1,661.12 points at the midday close, in line with major Asian markets which rose following the US dollar's retreat amid speculation that the US Federal Reserve will maintain an accommodative policy.

Business 18 Oct 2016 | 9:30 AM

Insurance to be offered through direct channel without commissions from next year - BNM

KUALA LUMPUR: Beginning next year, insurers will be required to offer pure protection products through a direct channel without commissions, said Bank Negara Governor Datuk Muhammad Ibrahim.

Business 18 Oct 2016 | 11:24 AM

Bursa Malaysia recovers to end higher

KUALA LUMPUR: Bursa Malaysia pared Monday’s losses to close higher on Tuesday, thanks to the rebound in the global oil prices and stronger ringgit, a dealer said.

Economy 18 Oct 2016 | 11:37 AM

Mier maintains 2016 GDP growth at 4.2%

KUALA LUMPUR: The Malaysian Institute of Economic Research (Mier) has maintained its projection of 4.2% growth in the country’s real gross domestic product (GDP) this year as the external sector remained sluggish.

Property 18 Oct 2016 | 12:02 PM

M’sia’s largest exhibition space to be fully operational soon

KUALA LUMPUR: Property developer Naza TTDI is expecting the Malaysia International Trade and Exhibition Centre (MITEC) to be fully operational by the first quarter of 2017.

Business 18 Oct 2016 | 12:46 PM

Perodua sells 150,900 cars in Jan-Sept this year

KUALA LUMPUR: Perusahaan Otomobil Kedua Sdn Bhd (Perodua) has sold 150,900 vehicles in the first nine months of this year, capturing an estimated total industry volume (TIV) market share of 36.1% on healthy delivery of its new model, Perodua Bezza.

Business 18 Oct 2016 | 1:39 PM

Japanese aerospace parts maker Asahi opens facility in Klang

KUALA LUMPUR: Japanese aerospace parts maker Asahi Kinzoku Kogyo Inc, through Asahi Aero Malaysia Sdn Bhd, has set up an aircraft parts surface treatment facility in Klang -- its first in South-East Asia.

Corporate News 18 Oct 2016 | 3:09 PM

Lion Industries' ADR programme terminated

KUALA LUMPUR: Lion Industries Corp Bhd’s American Depositary Receipt (ADR) programme, which allowed its shares to be traded on the US over-the-counter (OTC) market, has been terminated due to lack of investor interest.