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Bursa Malaysia launches world’s first end-to-end Islamic exchange platform

Monday, 5 September 2016 KUALA LUMPUR: Bursa Malaysia has launched the world’s first end-to-end, fully integrated Islamic securities exchange platform, called the Bursa Malaysia-i. The new platform offers investors the option of investing and trading Syariah-compliant products via a Syariah-compliant platform. Bursa Malaysia Bhd chairman Tan Sri Amirsham Aziz said …

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BR1M to continue under Budget 2017: Johari

Tuesday, 6 September 2016 KUALA LUMPUR: The 1Malaysia People’s Aid programme or BR1M will continue as the government is committed to it. Second Finance Minister Datuk Johari Abdul Ghani said besides BR1M, Budget 2017 would also address issues pertaining to affordable housing under the 1Malaysia People’s Housing Programme (PR1MA), the welfare of the …

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MOF undecided over new Customs ruling on outflow of Labuan, Langkawi-registered vehicles

Tuesday, 6 September 2016 LABUAN: The Finance Ministry (MOF) is still undecided over the proposed Customs’ new ruling on the outflow of Labuan- and Langkawi-registered vehicles to the mainland. Deputy Finance Minister 1, Datuk Othman Aziz, said his ministry would bring up the various grouses from the concerned parties to the meeting of …

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Indonesia asks Alibaba’s Jack Ma to advise its e-commerce development

Monday, 5 September 2016   JAKARTA/BEIJING: Indonesia has asked the chairman of China’s Alibaba Group Holding Ltd, Jack Ma, to act as adviser in the development of the South-East Asian country’s nascent e-commerce industry, according to a video released by the government.  Indonesia has the world’s fourth-largest population, boasting a …

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CIMB chief calls on private sector to move forward regional integration

Friday, 2 September 2016 KUALA LUMPUR: After a slow start to implementing regional integration, the private sector in Southeast Asia under the leadership of Indonesia, should push harder to achieve a single economic market, said CIMB Group Holdings Chairman Nazir Razak. In an interview with the Nikkei Asian Review, the 49-year-old banker, whose financial …

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Singapore remains largest forex centre in Asia-Pacific

Friday, 2 September 2016 SINGAPORE: Singapore remains the largest foreign exchange centre in Asia-Pacific and third largest globally after London and New York, according to the 2016 Triennial Central Bank Survey of the global foreign exchange and over-the-counter derivatives markets by the Bank for International Settlements (BIS). The average daily …

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