To properly grapple with money laundering – an increasing threat to the country and South-East Asia – China needs to remedy multiple shortcomings in its financial system, a senior central bank official has cautioned. Chinese financial institutions currently lack the compliance management capability and regulatory technology to handle the increasingly …
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KUALA LUMPUR: Malaysia will fully support all efforts of other countries to refer Israel to the International Criminal Court (ICC) over atrocities against Palestine, says Datuk Seri Anwar Ibrahim. The Prime Minister said that the country has given its assistance previously on such efforts although it is not a signatory …
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WASHINGTON: US President Joe Biden on Nov 20 joined Threads, Meta’s social media rival to Elon Musk’s X, just days after the White House blasted the tech baron for pushing anti-Semitism. “Folks, it’s President Biden,” said his first post, which he made on his 81st birthday. “You’re hearing from me …
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AS the calendar pages turn and the dawn of a new year approaches, we find ourselves captivated by the allure of transformation. The desire for change and renewal goes beyond personal resolutions, extending to the places we call home. As we stand on the threshold of the upcoming year, why …
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SINGAPORE: Asian shares climbed to fresh two-month highs on Tuesday, taking cues from a rally on Wall Street while the dollar languished near its lowest in two-and-a-half months on expectations the U.S. Federal Reserve is likely done with interest rate hikes. MSCI’s broadest index of Asia-Pacific shares outside Japan was …
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KUALA LUMPUR: Some RM106.93mil was spent for the payment of user requirement provisions before the National Integrated Immigration System (NIISe) project’s contract was cancelled, says the Home Ministry. Home Minister Datuk Seri Saifuddin Nasution Ismail said the government made the decision to terminate the NIISe contract for failing to fulfil …
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SINGAPORE: A motorist, who was blocking a bus bay with his car, flew into a rage and confronted an SBS Transit bus driver after the latter sounded his horn several times at him. Teo Kian Chin, 43, a flight attendant, boarded bus service 4 that Koo Jiann Rong, 35, was …
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SESKLO, Greece (Reuters) – The fires came first. Then the floods. In the small village of Sesklo in central Greece, 46-year old Vasilis Tsiamitas has felt the extremes of both freak weather phenomena this summer, that have made Greece a climate change hotspot. Storm Elias flooded his house, damaged his …
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KUALA LUMPUR: Companies from Regional Comprehensive Economic Partnership (RCEP) countries and China will be investing RM100 billion over the next five years in Malaysia to accelerate the country’s digital and green economy transformation through the RCEP Innovation and Digital Ecosystem (Ride) Madani initiative, the Malaysia-China Digital Economy Cooperation Council (MCDC) …
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KUALA LUMPUR: Mimos Berhad will spearhead the implementation of the project to develop the National Digital Identity (IDN), says Datuk Seri Anwar Ibrahim. The Prime Minister said this during a visit to the Mimos Technology Park, where he announced an initial allocation of RM80mil to Mimos to speed up the …
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