India and Saudi Arabia sign five agreements [ 12m ago ]

EXCLUSIVE PRESS News List

Carlistbid.My Steps Up With 2nd Inspection Hub

SHAH ALAM, Feb 11 (Bernama) -- Carlistbid.my, a brand under Carlist.my has just opened their 2nd inspection hub here in 3 Stone Park, Glenmarie, to cater to the increasing demand for cars through their auction platform. This hub’s main benefit is that it can store up to 200 cars at any given time, as well as inspect, register and conduct car transactions.

With a simple and effortless process to sell your car, the seller submits their vehicle information details, then they will be contacted to arrange a physical 100-point vehicle inspection. Once the evaluation is done, a reserve price will be agreed before the online auction is conducted.

Harry Potter: Hogwarts Mystery Brings New Choices, Challenges and Couture with February Sidequest, the Celestial Ball

LOS ANGELES, Feb 11 (Bernama) --

Jam City:

Who:
Jam City, a Los Angeles-based mobile games studio, in partnership with Warner Bros. Interactive Entertainment’s Portkey Games, a label dedicated to creating new Wizarding World mobile and videogame experiences that place the player at the center of their own adventure, inspired by J.K. Rowling’s original stories.

What:
This February, in the mobile game, Harry Potter: Hogwarts Mystery, Hogwarts is abuzz with the social event of the season – the Celestial Ball! In this special adventure, fourth-year players and above can participate in the after-class planning and preparations for this first formal dance. Maneuvering a host of choices and social situations, players will partner with their peers in an effort to make the event a resounding, resplendent success!

AmBank Group Wins Award For Best SME Bank

KUALA LUMPUR, Feb 11 (Bernama) -- AmBank Group has been named the Best SME Bank award for Malaysia by Global Banking & Finance Review. Global Banking & Finance Review is a leading UK based financial portal and Print Magazine offering News, Analysis, Opinion, Reviews, Interviews and Videos from the world of Banking, Finance, Business, Trading, Technology, Investing, Brokerage, Foreign Exchange, Tax and Legal, Islamic Finance, Asset and Wealth Management.

Commenting on the award win, Dato’ Sulaiman Mohd Tahir, Group Chief Executive Officer, AmBank Group said, “We are very honoured to receive this award for the very first time. This achievement bears testament to our commitment for excellence and the support rendered to our SME clients which has resulted in their continued trust.”

RM9.4 Million Penalty Imposed On MyEG For Infringing The Competition Act 2010

KUALA LUMPUR, Feb 8 (Bernama) -- The Malaysia Competition Commission (“MyCC”) wishes to state on record that as of the date of this press release, MyEG has continuously been in non-compliance with the decision of the Competition Appeal Tribunal (“CAT”) dated 28 December 2018 which affirmed MyCC’s decision dated 24 June 2016 (“CAT Decision”).

Upon the dismissal of MyEG’s Judicial Review application by the High Court on 22 January 2019, MyCC has instructed its solicitors to demand compliance with the remedial orders as set out in paragraphs 58 (iii) and 58 (iv) of the CAT Decision and for the payment of the daily penalty. The daily penalty of RM7,500.00 will continue to accumulate until compliance by MyEG with the directives imposed by the CAT in paragraph 58 of the CAT Decision. The total financial penalty, to date, has accumulated to RM9,464,700.00.

Special Voluntary Disclosure Programme - A Tax Solution for those with Overseas Bank Accounts but have yet to Declare Income to IRBM

KUALA LUMPUR, Feb 8 (Bernama) -- The Special Voluntary Disclosure Programme (SVDP) acts as an avenue for those who have income kept in overseas bank accounts, where that income is derived from sources in Malaysia which can be taxed but has yet to be declared to the Inland Revenue Board of Malaysia (IRBM).

Letters and e-mails issued by IRBM aims to address taxpayers with overseas bank accounts who have failed to rightfully declare their tax. It is these taxpayers as mentioned in the letters and e-mails who are required to contact IRBM and declare the income to IRBM. The government has agreed to reduce the penalty rate from 300% to 10% if declaration is made on or before 31 March 2019 and 15% if declaration is made on or before 30 June 2019.

Cloudflare Announces Strong Network Expansion and New Office in Q4 2018

SAN FRANCISCO, Feb 8 (Bernama) -- Cloudflare, the leading Internet performance and security company, today announced results from the fourth quarter of 2018. In the final three months of the year, Cloudflare continued to expand its global footprint with 10 new data centers, launched its first mobile application, and opened a new office in Munich, Germany.

“We closed out 2018 with significant network expansion, our first consumer application, and a new European office,” said Matthew Prince, co-founder and CEO of Cloudflare. “I’m proud of the growth our team accomplished in the final quarter, as we brought our network even closer to our global users and opened an office to be closer to our European users.”

CIMB-Principal Asset Management Group Achieves RM80 Billion AUM In 2018

KUALA LUMPUR, Malaysia, Feb 8 (Bernama) -- The CIMB-Principal Asset Management Group (“CPAM Group” or “the Group”) of companies today reported RM81.3 billion in assets under management (AUM) as of 31 December 2018. The CIMB-Principal Group comprises of CIMB-Principal Asset Management Berhad and CIMB-Principal Islamic Asset Management Sdn Bhd in Malaysia, PT CIMB-Principal Asset Management in Indonesia, CIMB-Principal Asset Management Company Limited in Thailand and CIMB-Principal Asset Management Pte Ltd in Singapore.

In Malaysia, CIMB-Principal Asset Management Berhad (“CIMB-Principal Malaysia”) continues to uphold its position as one of the leading asset management firms. Munirah Khairuddin, Chief Executive Officer of CIMB-Principal Asset Management Malaysia said, “Our top dividend-paying unit trust funds for 2018 include CIMB-Principal DALI Equity Growth, CIMB Islamic Balanced, CIMB-Principal Equity, CIMB-Principal Equity Growth & Income, CIMB-Principal Balanced and CIMB-Principal Bond with yields ranging from 3.31% - 7.98%.”