A seven-year-old girl in China who offered to give her lucky money gift to her mother to thank her for raising her and her younger brother has melted hearts on mainland social media. On February 20, days after the Spring Festival holiday, the girl from Suqian in eastern China’s Jiangsu …

KUALA LUMPUR: Malayan Banking Bhd (Maybank) chalked up better results in the financial year ended Dec 31, 2023, amid improved regional economic activities and a significant improvement in net impairment provisions. The country’s largest bank by assets reported a net profit of RM9.35bil in FY23, up from RM7.96bil in FY22, …

KUALA LUMPUR: The Cabinet is prepared to discuss the possibility of exempting water and electricity from the planned sales and service tax (SST) hike, says Datuk Seri Fadillah Yusof. “Definitely, for some areas, the government will have a look at it,” the Deputy Prime Minister told a press conference here …

KUALA LUMPUR: Hong Leong Bank Bhd reported a stronger bottomline in the first six months of the financial year, underpinned by continued strong loans/financing expansion, improved non-interest income and contributions from its associates. Reviewing the bank’s results for the period, group managing director and CEO Kevin Lam said net profit …

KUALA LUMPUR: Be patient and wait for the results from the review on abolishment of the pension scheme for civil servants, says Datuk Seri Dr Dzulkefly Ahmad. The Health Minister called on all quarters to stop having negative presumptions over the government’s proposal to abolish pension schemes for civil servants, …

In a year when more than 50 countries are holding national elections, a new study shows the risks posed by the rise of artificial intelligence (AI) chatbots in disseminating false, misleading or harmful information to voters. The AI Democracy Projects, which brought together more than 40 experts, including US state …

KUALA LUMPUR: Local authorities nationwide revoked 26,108 business licences from 2022 up to Feb 15 this year, says Housing and Local Government Minister Nga Kor Ming. He told the Dewan Rakyat that this is because the licence holders had breached the local authorities’ conditions. Of that number, 384 licences were …

KUALA LUMPUR: Alliance Bank Malaysia Bhd has approved RM200 million in loans to small and medium enterprises (SMEs) for green projects in the financial year 2023 (FY2023) and aims to double the figure this year. Group chief strategy, marketing, and business development officer Aaron Sum said the loans involve projects …

SEOUL (Reuters) – South Korea and the United States will begin their annual spring military drills next week with a focus on heading off North Korea’s potential use of nuclear weapons, officials said on Wednesday. The Freedom Shield exercises, set for March 4-14, come as North Korea continues to test …

PUTRAJAYA: The proposal to mandate the purchase of 70% halal and Bumiputera products for official government programmes will be presented at the upcoming Bumiputera Economic Congress 2024 (KEB 2024) as a resolution to empower the halal industry, says Deputy Prime Minister Datuk Seri Dr Ahmad Zahid Hamidi. Speaking to BK, …