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PETALING JAYA: Bank Negara has issued an exposure draft on governance, risk management, and operations for money services business (MSB).
WASHINGTON (Reuters) - Digital currency group Diem Association, formerly known as Facebook Inc's Libra project, plans to launch a U.S. dollar stablecoin as it scales back its global ambitions to focus on the United States, the group said on Wednesday.
KUALA LUMPUR: Bank Negara Malaysia (BNM) has updated and added two new companies to its financial consumer alert list of money services businesses.
PETALING JAYA: The recent strengthening of the ringgit against the US dollar, coupled with news of the impending rollout of a Covid-19 vaccine, has given moneychangers renewed hope.
eRemit stands as the most popular digital remittance platform in Malaysia
PETALING JAYA: Already facing a sharp decline in business turnover, moneychangers and remittance businesses say they are being weighed down further by high rentals and uncompromising landlords.
MERCHANTRADE Asia Sdn Bhd (Merchantrade Asia) and the Construction Labour Exchange Centre Bhd (CLAB) have forged an alliance to serve the unbanked community, comprising both foreign workers and Malaysians, in the construction industry.
PETALING JAYA: Kenanga Investment Bank Bhd has acquired a 4.99% equity interest in Malaysia’s largest money services business operator Merchantrade Asia Sdn Bhd. This follows Kenanga’s recent collaboration with Merchantrade to introduce Malaysia’s first stockbroker e-wallet, Kenanga Money
KUALA LUMPUR: Kenanga Investment Bank Bhd has purchased a 4.99% equity interest in Malaysia’s largest Money Services Business operator Merchantrade Asia Sdn Bhd.