TEMPO.CO, Sydney – Malaysia-based firm HelloGold has received a sharia-compliant certification for its gold-backed cryptocurrency. It plans to launch its online gold platform in Thailand later this year, the company said. Its cryptocurrency product, dubbed GOLDX, was launched at the end of last year and has now received certification from Amanie Advisors, a Malaysia-based Islamic finance consultancy, said chief […]
Read MorePETALING JAYA: Bank Negara is keeping its options open for a second interest rate hike this year, according to economists, which should hold the ringgit on a stronger footing. The local currency had strengthened 3% so far this year at 3.89 against the weakening US dollar. “We think Bank Negara has not closed the door […]
Read MoreTEMPO.CO, Jakarta – Malaysia hopes Indonesia will not stop sending female migrant workers (TKW), who work as household assistants (PRT) following the death of Adelina Jemira Sau in Bukit Mertajam, Penang, Malaysia. Deputy Prime Minister of Malaysia, Dr. Ahmad Zahid Hamidi, said Indonesia’s drastic action will only harm both countries. Ahmad Zahid, who is also Minister of Home Affairs, […]
Read MoreKUALA LUMPUR: Malaysia underwent its seventh Trade Policy Review (TPR) at the World Trade Organisation in Geneva, an exercise mandated by the WTO agreement to ensure transparency of trade policies and measures. The exercise which took place from Feb 14-16 is done every four years and Malaysia’s TPR was for the period between 2014 and […]
Read MoreKUALA LUMPUR: Malaysia’s services sector recorded strong revenue growth of RM399.70bil in the fourth quarter of 2017, according to the Statistics Department. It said on Friday the biggest contributor came from the wholesale & retail trade, food & beverages and accommodation which accounted for RM316.2bil, as it expanded 8.5% on-year. Overall revenue of the services […]
Read MoreKUALA LUMPUR: CIMB Equities Research sees Genting Malaysia’s near-term outlook clouded by higher costs as it retains its FY17-19F earnings forecasts. The research house said on Thursday it is expecting the group to chart earnings growth of 24% on-year for FY18F on the back of normalising VIP hold rates as well as gaming volumes for […]
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Thailand
