BERN | ZURICH — The Swiss National Bank is leaving the SNB policy rate unchanged at 0 per cent. Banks’ sight deposits held at the SNB will be remunerated at the SNB policy rate up to a certain threshold. The discount for sight deposits above this threshold is unchanged at 0.25 percentage p...
SEPANG — AirAsia has urged job seekers to remain vigilant against a fraudulent website impersonating its official career portal and attempting to scam applicants. In a statement today, an AirAsia spokesperson said a fake recruitment website, airasiaexpress.com, is currently circulating and...
LONDON — Responding to the latest UK labour market figures, released by the Office for National Statistics today, Suren Thiru, ICAEW Chief Economist, said: “These figures point to a jobs market struggling under the strain of soaring energy bills and employment costs, with more firms limiti...
JAKARTA — The Bank Indonesia Board of Governors agreed on 17-18th June 2026 to raise the BI-Rate by 25 bps to 5.75 per cent, the Deposit Facility (DF) rate by 25 bps to 4.75 per cent, and the Lending Facility (LF) rate by 25 bps to 6.50 per cent. This represents a further measure to streng...
DENVER — The news came from Kuala Lumpur that as the digital asset regulatory framework in Malaysia continues to improve, SKHTU Exchange is conducting further preparations regarding its local RMO (DAX) license application. Unlike previous efforts that focused on building an international c...
KUALA LUMPUR — Muslim unitholders of Amanah Saham Nasional Berhad (ASNB) fixed price funds can now opt for the Zakat al Mustaghallat via collective (Khultah) payment method, allowing them to receive net income distributions after a 2.57 per cent zakat deduction, which is calculated only on...
KUALA LUMPUR — Bank Negara Malaysia (BNM), the World Bank Group and the United Nations Development Programme Biodiversity Finance Initiative (UNDP BIOFIN) today released a report entitled ‘A LEAP for Nature: Advancing Nature-related Financial Risk and Opportunity Assessment in Malaysia.’ T...
KUALA LUMPUR — The Securities Commission Malaysia (SC) yesterday charged former Chief Financial Officer of Karex Berhad (Karex), Goh Chok Siang (Goh) for an insider trading offence under section 188(2)(a) of the Capital Markets and Services Act 2007. Goh, 54, was charged at the Kuala Lumpu...
LABUAN — Swift action following a consumer complaint has led to a restaurant operator here being issued an immediate compound fine for failing to display cash price tags on items sold at the premises. The Ministry of Domestic Trade and Cost of Living (KPDN) Labuan Federal Territory Directo...
JOHOR BAHRU — TH Tebrau Land Sdn Bhd, a subsidiary of Teguh Harian Group, today launched Monterra, a RM941 million integrated mixed-use development in Tebrau, marking the company’s second development in Johor Bahru following the successful completion and handover of One49 Residence. The de...
