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SINGAPORE: The Monetary Authority of Singapore (MAS) said it plans to revise rules governing foreign banks with a substantial local presence that may allow them to open digital-only banking subsidiaries.
PETALING JAYA: Damansara Realty Bhd (DBhd) has redesignated Azman Tambi Chik as its group managing director, effective Aug 1.
RIVAL drugmakers AbbVie Inc, Amgen Inc and Takeda Pharmaceuticals Inc on Monday said they have begun treating patients in a trial to quickly show whether a drug from each company can be repurposed and used against COVID-19, the disease caused by the novel coronavirus.
KUALA LUMPUR: The Ministry of Finance will settle the Goods and Services Tax (GST) refund arrears totalling RM4.763 billion by the end of the year.
KUALA LUMPUR: RHB Banking Group launched the RHB financing (SME) mobile app, the first artificial intelligence powered “customer self-initiated” SME financing mobile app in Malaysia.
KUALA LUMPUR: Shares in Naim Holdings Bhd rose in early trade following its plan to use RM90mil from land sale as dividend.
KUCHING: Naim Holdings Bhd intends to utilise RM90mil of the proceeds from the sale of industrial land in Bintulu for cash dividend payout to its shareholders.
PETALING JAYA: Used car dealers are reporting record-high sales, spurred by the government’s tax incentives and customers downgrading to cheaper vehicles in light of the economic uncertainty created by the Covid-19 pandemic.