Tue12122017

LAST_UPDATETue, 12 Dec 2017 12am

Malaysia, Indonesia & Thailand Launch Local Currency Settlement Framework

KUALA LUMPUR: Bank Negara Malaysia (BNM), Bank Indonesia (BI) and Bank of Thailand (BOT) today jointly announced the launch of three local currency settlement framework, a move aimed at promoting the wider use of local currencies to facilitate and boost trade and investment in these countries.

Read more: Malaysia, Indonesia & Thailand Launch Local Currency Settlement Framework

Bitcoin Futures Rocket Past $18,000; Asian Shares Buoyant

Pic: ReutersSYDNEY: The craze for cryptocurrencies entered a new chapter on Monday as bitcoin futures rocketed by one-fifth of their value at a hotly anticipated launch, while Asian shares climbed amid optimism about global growth.

Read more: Bitcoin Futures Rocket Past $18,000; Asian Shares Buoyant

AirAsia Voted World's Best Low-Cost Airline For Fifth Year Running

KUALA LUMPUR: AirAsia was voted the World’s Leading Low-Cost Airline for the fifth consecutive year at the 2017 World Travel Awards (WTA) Grand Final in Phu Quoc, Vietnam on Sunday.

Read more: AirAsia Voted World's Best Low-Cost Airline For Fifth Year Running

MITI Needs Input For National Industry 4.0 Policy Framework

KUCHING: The Ministry of International Trade and Industry (MITI) needs valuable input from industry players in developing the National Industry 4.0 policy framework, targeted to be completed by the first quarter of next year.

Read more: MITI Needs Input For National Industry 4.0 Policy Framework

Yunos Abd Ghani Is The New BSN Chief Executive Officer

KUALA LUMPUR: Bank Simpanan Nasional (BSN) has announced the promotion of Datuk Yunos Abd Ghani as its new Chief Executive Officer (CEO) for a three-year term, effective Dec 1, 2017.

Read more: Yunos Abd Ghani Is The New BSN Chief Executive Officer

AirAsia Voted World’s Leading Low-Cost Airline

KUALA LUMPUR – AirAsia was voted​ the World’s Leading Low-Cost Airline for the fifth consecutive year at the 2017 World Travel Awards (WTA) Grand Final in Phu Quoc, Vietnam on last Sunday.

Read more: AirAsia Voted World’s Leading Low-Cost Airline

Malaysia Airlines Offers Up To 30 Pct Discounts

KUALA LUMPUR -- Malaysia Airlines Bhd is offering up to a 30 per cent in discount on fares for economy class travel to selected destinations with the ‘Malaysia Airlines’ Double 12 (12.12) Deals’  from Dec 12 to 15.

Read more: Malaysia Airlines Offers Up To 30 Pct Discounts

Apple 'To Buy Shazam For $400m'

Pic: Getty Images

Apple is close to buying the music recognition app Shazam for about $400m (£300m), media reports say.

Read more: Apple 'To Buy Shazam For $400m'

Bitcoin Futures Race Higher In Volatile Launch, Dollar Steady

SYDNEY: Futures in bitcoin, which has taken global financial markets by storm, got off to a volatile start at its launch, while the dollar kept gains in Monday’s Asian session on expectations the Federal Reserve will stick to its tightening path.

Read more: Bitcoin Futures Race Higher In Volatile Launch, Dollar Steady

Oil Prices Drop On Increased U.S. Rig Drilling

Pic: Reuters

SINGAPORE: Oil prices fell on Monday, pulled down as the latest rise in the U.S. rig count pointed to a further increase in American production, potentially undermining efforts led by OPEC to tighten markets.

Read more: Oil Prices Drop On Increased U.S. Rig Drilling