News

KUALA LUMPUR:- Touch ‘n Go (TnG) will be launching a new version of its card that has the capabilities of tapping into a Near Field Communication (NFC) technology in the next few weeks.  Read full story

SINGAPORE: Singapore’s central bank tightened its monetary policy settings on Tuesday in its first out-of-cycle move in seven years, as global supply constraints and brisk economic demand elevate inflation pressures across the region. Read full story

HONG KONG: Asian shares and U.S. futures fell sharply on Tuesday, with investors nervous about the potential for military conflict in Ukraine and ahead of a key Federal Reserve meeting that could offer hints about the timing and pace of rate hikes. Read full story

KUALA LUMPUR: Bursa Malaysia succumbed to selling pressure on Tuesday, tracking the sea of red across regional markets on concerns that the US Federal Reserve would tighten policies. Read full story

KUALA LUMPUR: Censof Holdings Bhd has appointed Vicks Kanagasingam as chief executive officer (CEO) of Censof Digital Sdn Bhd (CDSB) with effect from Jan 1, 2022. Read full story

KUALA LUMPUR: Pintaras Jaya Bhd’s wholly-owned subsidiary, Pintaras Megah Sdn Bhd has secured a contract worth RM34.3mil for earthwork, piling, sub-structure, and ancillary works. Read full story

KUALA LUMPUR: Sasbadi Holdings Bhd slid into a net loss of RM2.27mil in the first quarter ended Nov 30, 2021 (1Q22), from a net profit of RM138,000 in 1Q21. Read full story

KUALA LUMPUR: The Federation of Malaysian Manufacturers (FMM) opined that it is critical and expeditious for Malaysia to have a foreign worker recruitment policy based on a system that supports sector- and company-demand based requirements in order to accelerate business and economic recovery. Read full story

KUALA LUMPUR: Tanco Holdings Bhd, which has secured two contracts worth a total of RM41.5mil for subcontract work for the East Coast Rail Link (ECRL) project, aims to secure contracts worth some RM200mil this year. Read full story

KUALA LUMPUR: The High Court has allowed the Securities Commission’s (SC) appeal and increased the jail sentence of former Group Bhd chief executive officer and executive director Gan Boon Aun to 24 months from one day. Read full story