This joint press statement is issued by the Securities Commission Malaysia (SC) and Bank Negara Malaysia (BNM) to provide clarity on the regulatory approach for the offering and trading of digital assets in Malaysia. In this regard, digital assets refer to digital currencies and digital tokens.
The SC will regulate issuances of digital assets via initial coin offerings (ICO) and the trading of digital assets at digital asset exchanges in Malaysia.
The 3rd SME & Entrepreneurship Business Awards (SEBA) 2018 saw Malaysia’s crème de la crème among Malaysia SMEs, honoured and awarded at the Recognition Gala Dinner.
The event, which was held at the Palace of the Golden Horses, saw the likes of Country Heights Holdings Berhad’s Tan Seri Lee Kim Yew receiving the inaugural prestigious Lifetime Achievement Award, while the Entrepreneur of the Year Award goes to Fave’s Joel Neoh.
Hyatt and UEM Sunrise Berhad celebrate the opening of the long-awaited Hyatt House Kuala Lumpur, Mont’Kiara, marking the brand’s entry into the extended stay hotel segment in Malaysia and the Southeast Asian region.
The Hyatt House hotel is strategically located in the exclusive, cosmopolitan community of Mont’Kiara, only minutes away from the Malaysian International Trade and Exhibition Centre (MITEC), the nation’s largest exhibition center.
Car-sharing application SOCAR, partners with one of Malaysia’s leading and iconic fast food chains, KFC Malaysia. Together, they introduce 12 more SOCAR Zones alongside bonus rewards for all to enjoy from December 5th 2018 to February 28th 2019.
Launched earlier this year, car-sharing application SOCAR has been leading the charge in introducing the multiflex lifestyle to Malaysians in Kuala Lumpur and most recently, Johor Bahru.
U Mobile introducing a new postpaid plan with unlimited high-speed data, unlimited high definition video streaming, 50GB hotspot and 3GB of free data for roaming across five continents for just RM139.
Unlimited HERO P139 postpaid plan will increase customers’ data usage and roaming experience as they will enjoy unlimited high-speed data, 50GB for mobile hotspot, unlimited calls to all networks and unlimited HD video streaming, upping the enjoyment of their everyday digital lifestyle needs.
Malaysia is expected to maintain its credit rating with an improved fiscal position and deficit coming in at 3.5% of GDP according to ICAEW’s latest Economic Insight: South-East Asia report.
Malaysia’s economic growth is expected to moderate in 2019 to 4.5%, down from 4.8% in 2018.
BIMB Holdings Berhad has appointed Mohd Muazzam Mohamed as Chief Executive Officer of both BHB and its wholly-owned subsidiary, Bank Islam Malaysia Berhad with immediate effect.
In a press statement, the banking group revealed that Mohd Muazzam brings with him 22 years of experience in the field of audit, finance and consulting. Since joining the Bank, he has played a key role in the Bank’s strategic direction, capital and balance sheet management, corporate finance, credit, market positioning, financial planning & control, procurement, facilities management, security services and general administration.
The Hive Bulk Foods, Malaysia’s first zero waste shop has opened its door for their second store in Ampang.
Its founder, Claire Sancelot, launched the first outlet back in 2015 at Lorong Maarof, Bangsar Park.
Epson has announced the release of its latest version of smart glasses, the Moverio BT-35E.
The new BT-35E smart glasses is designed to be easily used in combination with existing hardware through HDMI and USB-C connectivity at almost zero latency, enhancing its connectivity for commercial applications.
Danajamin Nasional Bhd, the country’s first Financial Guarantee Insurer, has announced that it is guaranteeing a five-year RM130 million Sukuk Ijarah Programme issued by Malaysia Steel Works (KL) Bhd (Masteel).
The said Sukuk, is rated AAA by Malaysian Rating Corporation Bhd following the backing of an irrevocable and unconditional Kafalah Guarantee provided by Danajamin.
