JOHOR BARU: The number of Singaporeans visiting Johor has seen a gradual improvement since the implementation of the Vehicle Entry Permit (VEP) on Oct 1, according to business groups. Johor Baru Business and Hawker Association president Roland Lim said there had been a day-by-day increase in the number of Singaporean visitors but the crowd was not...
KUALA LUMPUR: Over two dozen foreigners were rounded up for various offences during an Immigration Department operation in Terengganu. Immigration director-general Datuk Ruslin Jusoh said in a statement that 26 individuals were caught in the Pulau Perhentian area during the operation on Monday (Sept 9). “All those detained are believed to have been operating businesses and working...
JOHOR BARU: The state government hopes that the setting up of the Special Economic Zone and the Special Financial Zone here will help address the issue of locals moving to Singapore seeking employment. Johor Mentri Besar Datuk Onn Hafiz Ghazi feels that the factor of salary was among the main reasons for people seeking employment in...
TASHKENT: Prime Minister Datuk Seri Anwar Ibrahim's visit to Uzbekistan from May 17 until 19 is seen as an opportunity for business entities in Malaysia to expand their business and to penetrate the Uzbekistan market, and even to explore the bigger Central Asian market. Anwar's discussion with Uzbekistan President Shavkat Mirziyoyev on the first day of...
PETALING JAYA: Four Malaysian youths from diverse backgrounds have been recognised for their achievements in Forbes’ 30 under 30 Asia list this year. The list recognised Asia’s top 300 trailblazers and entrepreneurs, including national player Sivasangari Subramaniam (pic), The Hive Southeast Asia principal Angel Low, animator Erica Eng, and Eat and Cook co-owner Lee Zhe Xi. There are...
Kraken Australia's Managing Director Jonathon Miller said institutional crypto demand is lagging in Australia, but stablecoins and the right policy moves could help it catch up. Australia’s crypto industry is in a good spot to benefit from a global “inflection point” for crypto demand as long as its lawmakers make the right decisions, according to a...
U.S. lawmakers have urged the Securities and Exchange Commission (SEC) to review its cyber security preparedness after the financial regulator's X account posted market material information earlier in the week due to a hack. Someone briefly accessed its X, formerly called Twitter, account on Tuesday, the agency had confirmed, and posted a fake message saying it...
The New York Department of Financial Services said Digital Currency Group subsidiary Genesis Global trading will pay an $8 million penalty and surrender its license from the regulator after an investigation found significant failings in the company's anti-money laundering and cybersecurity programs. Genesis - a cryptocurrency market-maker and brokerage firm - failed to maintain an effective...
A U.S. appeals court on Friday upheld two earlier decisions by a patent tribunal that favored Masimo in its intellectual property dispute with Apple over blood oxygen sensors in newer Apple Watch models. The decisions by the Court of Appeals for the Federal Circuit concern findings by the Patent and Trademark Office and come as Apple...
Citigroup on Friday reported a $1.8 billion loss for the fourth quarter as it recorded charges to refill a government deposit insurance fund and carry out a sweeping internal reorganization. CEO Jane Fraser called the results "very disappointing," but expects this year to be a turning point. "We made substantial progress simplifying Citi and executing our strategy...
