BURSA MALAYSIA: KL Shares Open Slightly Higher

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KUALA LUMPUR, May 20 – Share prices on Bursa Malaysia opened slightly higher on Friday morning boosted by mild buying of local stocks. At 9.02 am, the benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) was 0.73 point better at 1,634.49, after opening 1.07 points higher at 1,634.83. It closed 1.96 points

Ringgit Opens Higher Against US Dollar

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KUALA LUMPUR, May 20 – The ringgit opened higher against the US dollar on renewed buying interest. At 9.03 am, the local unit was quoted at 4.0750/0800 against the greenback from 4.0800/0830 at 5 pm on Thursday. The local note was also traded higher against other major currencies. It rose against the

Azmin Denies Issuing Ultimatum To PAS Excos

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SHAH ALAM, May 19 – PKR deputy president Datuk Seri Mohamed Azmin Ali has denied issuing an ultimatum to Selangor executive councillors from PAS to resign or have their party stay out of the Sungai Besar Parliamentary by-election next month. He said the focus currently is to have discussions with various

Zahid: Govt Hopes Indonesia Reviews Housemaid Issue

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KUALA LUMPUR, May 19 – The government hopes Indonesia will reconsider its decision to stop sending its citizens to work as housemaids in Malaysia. Deputy Prime Minister Datuk Seri Ahmad Zahid Hamidi said there should be indepth discussions on the matter by the two countries. Ahmad Zahid, who is Home Minister,

CASBAA Nets Premier League

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HONG KONG, May 19 – CASBAA today announced four additional Corporate Members of the Association for its Q1 2016 line-up, including global sports TV behemoth, the Premier League (PL), data giant Nielsen, and the NASDAQ-listed Indian DTH platform, Videocon d2h and India based (Delhi, Mumbai, Bangalore & Hyderabad) law firm

Inaugural Belt, Road Summit Held in Hong Kong

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HONG KONG, May 18 – Hong Kong hosted the inaugural Belt and Road Summit today to explore business opportunities presented to the world by the Belt and Road Initiative. Held at the Hong Kong Convention and Exhibition Centre, more than 20 senior government ministers from countries located along the Belt

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