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Daily Archives: June 2, 2019

Lack of self-confidence impeding B40 group from becoming entrepreneurs

JASIN, Lack of confidence in their own capability is among the reasons those in the low-income (B40) group are reluctant to become entrepreneurs, said Entrepreneur Development Minister Datuk Seri Mohd Redzuan Yusof. They were often…

CIMB, CapBridge to provide companies access to private capital via investment platform and 1X

KUALA LUMPUR, CIMB Bank Bhd’s recent memorandum of understanding (MoU) with Singapore’s CapBridge Pte Ltd will facilitate capital raising and trading of shares for private companies through the latter’s investment platform and the 1exchange (1X)…

TM to enhance Unifi services in Kelantan

KOTA BHARU, Telekom Malaysia Bhd (TM) Kelantan is enhancing its convergence brand, unifi, to enable 30,000 customers in the state who are still using the copper network switch to the premier service, said its general…

IATA says no easy money for airlines in 2019, downgrades profit to US$28 bln

KUALA LUMPUR, The International Air Transport Association (IATA) downgrades its 2019 profit outlook for the global air transport industry to US$28 billion (US$1=RM4.18) from US$35.5 billion forecast in December 2018, amid slowing demand and rising…

Local institutions remain supportive, net buyers of RM230.67 mln

KUALA LUMPUR, Local institutions have continued to support the Malaysian equities market, remaining net buyers after pumping in RM253.53 million this week compared with RM230.67 million during last week’s holiday-shortened trading week. Bank Islam Malaysia…

Malaysias inclusion in US watchlist likely a Washington ploy to boost export — Experts

KUALA LUMPUR, June 2 (Bernama) � Malaysia’s inclusion in the United States (US) Treasury’s monitoring list of potential currency manipulators is likely a ploy by Washington to gain exchange rate competitiveness to boost its exports,…