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FALSE TRADING ACTIVITY AND MANIPULATION OF YNH PROPERTY BHD SHARES
Bursa Malaysia has sanctioned and fined three Malaysian market makers for creating false trading activities and misleading investors in YNH PROPERTY BHD and RAPID SYNERGY BHD. The YU Syndicate, controlling a large stake in both companies, is allegedly manipulating the market for favorable lending terms.
Brunei gets top ranking for business regulation from top international economic...
BANDAR SERI BEGAWAN: Brunei has performed very well in regulation and secured second ranking globally. According to the Canadian conservative think tank, Fraser Institute’s...
Ambank Aids SMEs Via Strategic Partnership With PUMM
AmBank has entered into a two-year strategic partnership with Persatuan Usahawan Maju Malaysian (PUMM). Which will pave the way for AmBank to work with...
Telenor and Axiata win key approval for multi-billion dollar Malaysia tie-up
OSLO: Malaysian telecoms firm Axiata Group and Norway's Telenor ASA have been given clearance from the Securities Commission Malaysia for the proposed merger of...
Malaysia unlikely to go into recession due to economic diversification
KUALA LUMPUR: Malaysia is not likely to slip into a recession due to the diversified structure of its economy. Which is less dependent on...
Hong Kong once again ranked as world’s freest economy
HONG KONG: The Hong Kong Special Administrative Region government on Thursday welcomed the Fraser Institute’s recognition of the territory as the world’s freest economy.
In...
Franchise sales to increase to RM23bil by 2025
PETALING JAYA: Malaysia’s franchise industry is expected to see its sales value increase to RM22.66bil by 2025 from RM14.65bil in 2020, says Prime Minister...
Bank Negara raises OPR by 25bps to 2.5%, as expected
KUALA LUMPUR: Bank Negara Malaysia (BNM)’s Monetary Policy Committee (MPC) raised its overnight policy rate (OPR) by 25 basis points (bps) to 2.5% on...
Bursa Malaysia snaps losing streak, ringgit weakens to 4.5028
KUALA LUMPUR: Bursa Malaysia finished higher on Wednesday in the absence of market-moving factors. While the ringgit weakened to a 24-year low against the...
Better Internet connectivity for Sarawak with a new submarine cable to...
KUCHING: Sarawak can look forward to better Internet connectivity following the launch of a new submarine cable to Singapore via Batam and a Tier...