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Bank Indonesia, police prevent bitcoin transactions in Bali

Bank Indonesia (BI) has teamed up with the National Police to prevent transactions using cryptocurrency bitcoin in Bali after the central bank declared it an illegal form of payment in Indonesia. “We are looking out for bitcoin transactions in Bali, particularly in tourist spots. We will take measures against non-rupiah transactions,” said BI’s Bali office […]

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oil
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Reality check for Malaysian oil and gas players

PETALING JAYA: Oil and gas (O&G) counters have gained much attention of late following the rise in oil prices. Since the new year began, O&G stocks that operate in the upstream services segment such as UMW Oil & Gas Corp Bhd (UMW-OG), Sapura Energy Bhd  and Bumi Armada Bhd  have seen impressive gains of as much as 55% in […]

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Malaysia: Automation and IT are new jobs in banks

KUALA LUMPUR: Many new jobs in the Malaysian banking sector are in the areas of automation and information technology (IT) following the emergence of financial technology and digitalisation. The Association of Banks Malaysia (ABM) said on Monday as at end November 2017, there were over 4,000 vacancies in the banking industry. In addition, there were […]

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