KUALA LUMPUR: Visitors from Singapore were the top spenders in Malaysia in 2012, forking out US$291.4mil (RM951.42mil) followed by Australia and United Kingdom (UK), according to a Visa survey.
Fitch Ratings welcomed the Malaysian Government’s move cut back on fuel subsidy and rein in import-intensive projects but warned that more needed to be done to address the country’s deteriorating public finances.
KUALA LUMPUR: BIMB Holdings Bhd has received Bank Negara Malaysia's (BNM) approval for the proposed acquisition of the remaining stake in Bank Islam but BNM could not consider its proposed Sukuk.