Cambodia News Gazette

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Business

Business

GLOBAL IT OUTAGE: TUNE PROTECT EXTENDS SUPPORT TO AIRASIA’S GUESTS

KUALA LUMPUR, Tune Protect Group Bhd, AirAsia’s exclusive travel insurance provider, has extended its support to travellers affected by the recent global information technology (IT) outage.

In a statement today, the company said it is committed to e…

Business

COORDINATED GOVT ACTIONS BOLSTER RINGGIT AS ASIA’S TOP PERFORMING CURRENCY – MOF

KUALA LUMPUR, The ringgit has emerged as the top-performing currency in the Asian region compared to the US dollar as a result of the implementation of coordinated actions by the government and Bank Negara Malaysia (BNM) since Feb 26, 2024, said the …

Business

BNM’S INTERNATIONAL RESERVES AT US$113.3 BLN AS OF JULY 15

KUALA LUMPUR, Bank Negara Malaysia’s (BNM) international reserves amounted to US$113.3 billion as of July 15, 2024.

In a statement today, the central bank said the reserves position was sufficient to finance 5.4 months of imports of goods and servic…

Business

MALAYSIA AIRPORTS, MBI INK MOU TO DEVELOP SUBANG AIRPORT’S ZONES 3 AND 4

KUALA LUMPUR, Malaysia Airports Holdings Bhd has signed a memorandum of understanding (MoU) with Menteri Besar Selangor Incorporated (MBI) to advance the development and marketing of Zone 3 and Zone 4 at Sultan Abdul Aziz Shah Airport in Subang (Suba…

Business

EVERSENDAI, EMIRATES STEEL FORGE STRATEGIC PARTNERSHIP FOR NEOM PROJECT

KUALA LUMPUR, Eversendai Corporation Bhd has partnered with Emirates Steel, part of Emirates Steel Arkan Group in Abu Dhabi, United Arab Emirates, for the NEOM Trojena Ski Village project in the heart of the NEOM, Saudi Arabia’s giga project.

In a f…

Business

APPOINTING A CUSTODIAN WILL AUGUR WELL FOR LONG-TERM FSF STEWARDSHIP – AZMAN HASHIM

KUALA LUMPUR, Appointing a custodian will augur well for long-term Future Skills Framework (FSF) stewardship, said Asian Institute of Chartered Bankers (AICB) chairman Tan Sri Azman Hashim today.

He noted that forming a network of specialists among …

Business

PENANG REMAINS MALAYSIA’S TOP EXPORTER WITH RM177.99 BLN FOR JANUARY-MAY 2024

GEORGE TOWN, Penang remains Malaysia’s top exporter for the period from January to May 2024 with a value of RM177.99 billion, said Malaysia External Trade Development Corporation (MATRADE) chairman Datuk Seri Reezal Merican Naina Merican.

He said Pe…

Business

ESTABLISHMENT OF NATIONAL FUND-OF-FUNDS TO BE COMPLETED BY OCTOBER 2024 – AMIR HAMZAH

KUALA LUMPUR, The establishment of the National Fund-of-Funds (NFOF) is now in the final stage of implementation and is expected to be fully completed by October 2024, Finance Minister II Datuk Seri Amir Hamzah Azizan said.

He said the NFOF will ope…