KUALA LUMPUR, Jul 6 (Bernama) - The Sarawak state government has yet to provide any official feedback to the Federal government on the proposed loan offer, amounting to RM1 billion, which will be allocated for repairs of dilapidated schools in the state.
Date: 06 July 2019; Type: Industry Updates; Source: Bernama
|
KUANTAN, Jul 3 (Bernama) - Three men were each slapped with RM2,200 fine by the magistrate's court here today after pleading guilty to putting up advertisements of an illegal money lending business last week. Magistrate Nor Azizah Aling also ordered Lee Chong Yau, 29, Fon Chong Sheng, 22, and Gan Hong Ren, 19, to serve a seven-month prison sen ...
Date: 03 July 2019; Type: Legal News; Source: Bernama
|
KUALA LUMPUR, Jun 17 (Bernama) - Bank Negara Malaysia (BNM), together with the financial industry, is in the process of establishing a Financial Threat Intelligence Platform. Its governor Datuk Nor Shamsiah Mohd Yunus said the platform would collate, analyse and disseminate real-time information on cyber threats and trends to strengthen the de ...
Date: 17 June 2019; Type: Legal News; Source: Bernama
|
KUALA LUMPUR, May 31 (Bernama) - Bursa Malaysia Bhd has issued a consultation paper seeking public feedback on the proposed amendments to the Rules of Bursa Malaysia Depository Sendirian Bhd (Bursa Depository) to facilitate a suite of central depository system (CDS) eServices for individual depositors. The features for the new CDS eServices wi ...
Date: 31 May 2019; Type: Legal News; Source: Bernama
|
KUALA LUMPUR, May 17 (Bernama) - The Securities Commission Malaysia (SC) has revised its Guidelines on Recognised Markets to introduce new requirements to facilitate the new Property Crowdfunding (PCF), said Chairman Datuk Syed Zaid Albar. He also announced the registration of eight new Recognised Market Operators (RMO) comprising three equity ...
Date: 17 May 2019; Type: Legal News; Source: Bernama
|
KUALA LUMPUR, May 16 (Bernama) - Bank Negara Malaysia (BNM) is opening up the dynamic hedging programme for trust banks and global custodians on behalf of their clients effective immediately.
Date: 16 May 2019; Type: Legal News; Source: Bernama
|
KUALA LUMPUR, May 15 (Bernama) - The Ministry of Finance has set up the Debt Management Office (DMO) to review and manage the government’s debt and liabilities.
Date: 15 May 2019; Type: Industry Updates; Source: Bernama
|
KUALA LUMPUR, Apr 29 (Bernama) - Bank Negara Malaysia (BNM) has reappointed Professor Dr Yeah Kim Leng and appointed Datuk Dr Gan Wee Beng as external members of its Monetary Policy Committee (MPC) effective April 1, 2019.
Date: 29 April 2019; Type: Industry Updates; Source: Bernama
|
KUALA LUMPUR, Apr 25 (Bernama) - The government has taken several proactive measures to ensure a smoother financial market, the Dewan Negara was told today. Deputy Communications and Multimedia Minister Eddin Syazlee Shith, who was representing the Finance Ministry during Question Time said the measures were to ensure adequate liquidity, resil ...
Date: 25 April 2019; Type: Legal News; Source: Bernama
|
KUALA LUMPUR, Apr 11 (Bernama) - The Housing and Local Government Ministry is drawing up the Consumer Credit Act which would ensure consumers get loans from syariah-compliant loan companies, the Dewan Rakyat was told today. Its minister Zuraida Kamaruddin said a townhall session was held with various government agencies to get their feedback o ...
Date: 11 April 2019; Type: Legal News; Source: Bernama
|
PUTRAJAYA, Apr 10 (Bernama) - The Federal Court in a 5-4 majority decision held that Bank Negara Malaysia's Shariah Advisory Council’s (SAC) findings on Islamic finance is binding on Civil Courts.
Date: 10 April 2019; Type: Legal News; Source: Bernama
|
KUALA LUMPUR, Apr 5 (Bernama) - Suria Strategic Energy Resources Sdn Bhd (SSER), a subsidiary of the Ministry of Finance which carried out two petrochemical and gas pipeline projects worth RM9.4 billion was today fined RM18 million by the Sessions Court here today for failing to comply with Bank Negara Malaysia (BNM) conditions.
Date: 05 April 2019; Type: Legal News; Source: Bernama
|
KUALA TERENGGANU, Apr 5 (Bernama) - Bank Negara Malaysia (BNM) will continue to improve cooperation with the finance industry to ensure entrepreneurs who are qualified and in need can obtain financing.
Date: 05 April 2019; Type: Legal News; Source: Bernama
|
KUALA LUMPUR, Apr 4 (Bernama) - The Dewan Rakyat today approved the supplementary budget of RM19.6 billion proposed by Finance Minister Lim Guan Eng. The approval came after the third reading of the Supplementary Supply Bill (2018) and a motion on the First Supplementary Development Expenditure 2018 in front of Speaker Datuk Mohamad Ariff Md Y ...
Date: 04 April 2019; Type: Legal News; Source: Bernama
|
KUALA LUMPUR, Mar 27 (Bernama) - Bank Negara Malaysia (BNM) has called for a comprehensive reform of the country’s employment sector to attract quality investments that can generate more high-skilled jobs and offer better salaries. Governor Datuk Nor Shamsiah Mohd Yunus said currently, workers in Malaysia are not paid equitably despite p ...
Date: 27 March 2019; Type: Legal News; Source: Bernama
|
KUALA LUMPUR, Mar 6 (Bernama) - The Securities Commission (SC) has permitted 22 companies to continue operating a digital asset exchange after March 1, 2019.
Date: 06 March 2019; Type: Legal News; Source: Bernama
|
KUALA LUMPUR, Mar 6 (Bernama) - The Securities Commission Malaysia’s (SC) Audit Oversight Board (AOB) has banned McMillan Woods Mea (AF 001995) and two of its partners, Mea Fatt Leong and Wong Joo Hua, from accepting clients and auditing any public interest entities or schedule funds for 12 months, effective Feb 14, 2019.
Date: 06 March 2019; Type: Legal News; Source: Bernama
|
KUALA LUMPUR, Feb 19 (Bernama) - Bank Negara Malaysia (BNM) will be launching its Risk Management in Technology policy in June this year to provide guidelines, especially for financial institutions, to combat the rise in cybercrime. CyberSecurity Malaysia chief executive officer Datuk Amirudin Abdul Wahab said more than 10,000 cases of cybercr ...
Date: 19 February 2019; Type: Legal News; Source: Bernama
|
KUALA LUMPUR, Feb 11 (Bernama) - The Securities Commission (SC) is reviewing eight recommendations to spur the venture capital (VC) industry including making public VCs more commercially driven and liberalising VC tax incentives.
Date: 11 February 2019; Type: Industry Updates
|
KUALA LUMPUR, Jan 31 (Bernama) - Five Colors Technologies Ltd has announced that new cryptocurrency, Five Colors Coin (FCC), is to become e-sports money and will be listed on CoinBene with the initial exchange offering (IEO) carried out today.
Date: 31 January 2019; Type: Industry Updates; Source: Bernama
|