By Iva Karen KUALA LUMPUR, June 13: Financial institutions in Malaysia are strengthening their Enhanced Due…
Corporate/Business
Malaysia Retains Top Muslim-Friendly Travel Destination Title For 10th Consecutive Year
KUALA LUMPUR, June 12 (Bernama) — Malaysia has once again reaffirmed its position as the world’s…
Penang To Host First ‘The Rise’ Summit With 600 Global Tamil Delegates
GEORGE TOWN, June 11 (Bernama) – A total of 600 delegates from 30 countries are expected…
Reasonable suspicion is enough to flag a transaction
By Iva Karen KUALA LUMPUR, June 12: There is no minimum threshold for filing a Suspicious…
Tracing the true source of funds in a digital era no longer linear
By Iva Karen KUALA LUMPUR, June 11: In an era where financial systems span continents and…
1st Meeting Of China-US Economic, Trade Consultation Mechanism Opens In London, Attracting Global Attention
LONDON, June 10 (Bernama-Xinhua) — The first meeting of the China-US economic and trade consultation mechanism opened…
KYC Best Practices Strengthen Financial Integrity
By Iva Karen KUALA LUMPUR, June 10 — Know Your Customer (KYC) best practices are becoming…
Chow Leads Delegation To Switzerland, Austria To Advance Penang Hill Cable Car Project
GEORGE TOWN, June 10 (Bernama) — Chief Minister Chow Kon Yeow is leading a delegation to Switzerland…
Corporate Due Diligence : A Vital Step in Mergers and Acquisitions
By Iva Karen KULLA LUMPUR, June 9: In Malaysia’s fast-evolving corporate landscape, thorough due diligence has…
China-US Trade Down 9.1 Pct To US$239.7 Bln In Jan-May 2025 – Customs
BEIJING, June 9 (Bernama-Sputnik/RIA Novosti) — China-US trade fell by 9.1 per cent year-on-year to $239.709…
Musk On Trump’s Tax Bill: ‘Bankrupting America Is Not Ok’
WASHINGTON, June 5 (Bernama-dpa) — Tech billionaire Elon Musk has called on United States (US) citizens…
Cross Border Transactions: Under BNM guidelines, banks, MSPs are obliged to explain remittance details, risks, remedies to clients
The following is the final in a series of 10 articles on cross border transactions and…
Cross Border Transactions: A Unified System For Money Transfers Will Improve Audit Trails, Reduce Rejections
The following article is the 8th of a series of 10 articles on cross border transactions…
The Little Vitamin in Palm Oil That Could Change Your Health
by Dr Rahim Said When you think of palm oil, chances are your mind jumps straight to cooking…
Cross Border Transactions: Duty of Care and Negligence in the Return of Remittances by Banks
By Yong Soo Heong The following article is the 7th of a series of 10 articles…
Ahmad Zahid, Steve Reed Discuss Disaster Management And Climate Change Issues
LONDON, June 3 (Bernama) — Deputy Prime Minister Datuk Seri Dr Ahmad Zahid Hamidi met with…
Cross Border Transactions: When assisting legitimate legal inquiries can be consistent with banks’ obligations to clients
The following article is the 6th of a series of 10 articles on cross border transactions…
Cross Border Transactions: Standardised disclosure rules will offer more assurance to industry players
The following article is the first of a series of 10 articles on cross border transactions…
Malaysia’s Leadership Shines At ASEAN Summit With Key Milestones And Global Partnership
By Wong Chun Wai KUALA LUMPUR, May 30 (Bernama) — Undoubtedly, the ASEAN Summit held in…
US Court Of International Trade Rules Trump’s Trade Tariffs Illegal
MOSCOW, May 29 (Bernama-Sputnik/RIA Novosti) — The US Court of International Trade has ruled that United…
Cross Border Transactions and the importance of a Letter of Undertaking in third party remitter risk
The following article is the first of a series of 10 articles on cross border transactions…
S.Korea Expressed Readiness To Expand Development Cooperation With M’sia – Nanta
KUALA LUMPUR, May 29 (Bernama) — South Korea has expressed readiness to expand bilateral cooperation with…
Cross Border Transactions: Ringgit and foreign currency remittances, challenges, ease of business
This is the third in a series of 10 articles on cross border transactions and remittances.…
ADB Recognises Malaysia’s Vibrant Economic Growth – PM
KUALA LUMPUR, May 27 (Bernama) — The Asian Development Bank (ADB) has acknowledged the strong economic…