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Singapore fines Grab & Uber S$13 mil for merger that harms competition

SINGAPORE, Sept 24 (Bernama) -- The Competition and Consumer Commission of Singapore (CCCS) has imposed financial penalties of S$6,419,647 (S$1=RM2.99) on Grab and S$6,582,055 on Uber, respectively, to deter completed, irreversible mergers that harm competition.


Form a group of experts to review Malaysia Airlines' operations - MAS ex-boss

KUALA LUMPUR, Sept 24 (Bernama) -- The government needs to set up a group of experts to review Malaysia Airlines Bhd’s (MAB) current operations as the RM6 billion restructuring plan is deemed a failure, ex-Chief Executive Officer/Managing Director of Malaysian Airline Systems Bhd (MAS) Tan Sri Dr Abdul Aziz Abdul Rahman said.


Samsung's latest tablets now available in Malaysia

KUALA LUMPUR, Sept 24 (Bernama) – Following a global release in August, Samsung’s Galaxy Tab S4 and Galaxy Tab A 10.5 are now available in stores here.


Economist: Malaysia to grow 4.5-5.5 pct in 2018 and 2019

KUALA LUMPUR, Sept 24 (Bernama) -- Malaysia's growth trajectory is expected to remain stable at 4.5 to 5.5 per cent this year and in 2019 despite fiscal restructuring and consolidation, thanks to sustained private sector and export demand.


RAM says 5 states are robust with favourable economic metrics

KUALA LUMPUR, Sept 24 (Bernama) – RAM Ratings Services Bhd has ranked Selangor, Sarawak, Perak, Johor and Penang as robust states in the country supported by favourable economic metrics.


Blockchain think tank in Singapore

KUALA LUMPUR, Sept 24 (Bernama) -- The National University of Singapore’s (NUS) School of Computing has created an academic research laboratory and think tank, CRYSTAL (Cryptocurrency Strategy, Techniques and Algorithms) Centre.


LIAM focused on getting more people insured

By zaphne Philip

KUCHING, Sept 24 (Bernama) – Well aware that the insurance penetration rate among Malaysians is low, the Life Insurance Association of Malaysia (LIAM) is constantly working with Bank Negara Malaysia (BNM) to improve the situation through exercises, initiatives and creating suitable products.