Wed02212018

LAST_UPDATEWed, 21 Feb 2018 3pm

Nissan's Infiniti Vehicles To Go Electric

Pic: ReutersDETROIT: Japanese carmaker Nissan Motor Co. plans to transform its upscale Infiniti brand of vehicles into a primarily electrified offering, Chief Executive Hiroto Saikawa said on Tuesday.

Read more: Nissan's Infiniti Vehicles To Go Electric

Sabah Expects More Direct Flights

Pic: BernamaKOTA KINABALU: Sabah expects more direct flights from various destinations and is working hard to accommodate the increasing number of tourists to the state, said State Tourism, Culture and Environment Minister Datuk Masidi Manjun.

Read more: Sabah Expects More Direct Flights

MBSB To Provide RM700 Million Funding For 8 Rumawip Projects

Pic: BernamaKUALA LUMPUR: Malaysia Building Society Bhd (MBSB) is planning to rollout up to RM700 million in financing for the development of eight more Federal Territories Affordable Housing (Rumawip) projects.

Read more: MBSB To Provide RM700 Million Funding For 8 Rumawip Projects

Two Singapore Airbnb Hosts To Plead Guilty To Illegal Letting Charges: Lawyer

Pic: Reuters

SINGAPORE - Two Airbnb hosts charged in Singapore with unauthorized short-term letting of four apartments are expected to plead guilty next month, their lawyer said on Tuesday.

Read more: Two Singapore Airbnb Hosts To Plead Guilty To Illegal Letting Charges: Lawyer

PBOC Official Says China's Centralized Virtual Currency Trade Needs To End: Source

Pic: Reuters

BEIJING - A senior Chinese central banker says authorities should ban centralized trading of virtual currencies as well as individuals and businesses that provide related services, an internal memo from a government meeting seen by Reuters showed.

Read more: PBOC Official Says China's Centralized Virtual Currency Trade Needs To End: Source

‘BigPay Will One Day Be Worth More Than AirAsia’

Pic: The Edge

KUALA LUMPUR: AirAsia Bhd’s digital wallet provider BigPay will one day be worth more than AirAsia, according to the airline’s group chief executive officer Tan Sri Tony Fernandes.

Read more: ‘BigPay Will One Day Be Worth More Than AirAsia’

Construction Sector Boom To Continue This Year- HLIB

KUALA LUMPUR – Hong Leong Investment Bank (HLIB) expects the boom in the construction sector to continue in 2018 with real growth at nine per cent on the back of Malaysia’s overall Gross Domestic Product growth of 5.3 per cent.

Read more: Construction Sector Boom To Continue This Year- HLIB

Vietnam An Ideal Destination For Foreign Startups

HO CHI MINH CITY -- Vietnam has become an ideal location to start a business, not only for young overseas Vietnamese people but also for expatriates due to the country’s strong economic growth in recent years, Vietnam News Agency (VNA) reported.

Read more: Vietnam An Ideal Destination For Foreign Startups

Bank Muamalat Joins Global Alliance For Banking On Values

KUALA LUMPUR: Bank Muamalat Malaysia Bhd (BMMB) has become a member of The Global Alliance for Banking on Values (GABV), a network of the world's leading value-based banks.

Read more: Bank Muamalat Joins Global Alliance For Banking On Values

Top Glove Set To Be World’s Largest Surgical Glove Manufacturer

Filepic: Asia NikkeiKUCHING: Top Glove Corporation Bhd (Top Glove) is set to be the world’s largest surgical glove manufacturer as the group’s long-awaited acquisition of Adventa Capital Pte Ltd’s (Adventa) surgical glove unit Aspion Sdn Bhd (Aspion) is finally materialising.

Read more: Top Glove Set To Be World’s Largest Surgical Glove Manufacturer