Malaysia’s telecoms market in 2015 “is undergoing a major revolution driven by the changes of user requirements,revenue drivers and new technologies”, as Alfie Amir, Research Manager, Telecoms, International Data Corporation (IDC) Malaysia, told Cellular News earlier this year. In that report IDC outlined their top 10 predictions for the telecommunications industry in Malaysia this year….

  Malaysia is among the most attractive destinations for foreign direct investment (FDI) in Southeast Asia — thanks to the country’s efforts to maintain an economy as attractive as possible to that investment — as well as a legal infrastructure well-suited to support it. As the UNCTAD 2014 World Investment Report outlined, cited by Spain’s…

  by Raymond Mah * Introduction (1) Performance bonds and bank guarantees are commonplace in the Malaysian construction industry. Construction contracts often require a contractor to take out a performance bond, typically in the form of a bank guarantee which can be called upon by the employer to a specified maximum limit in the event of…

Effective May 2, interbank GIRO (IBG) transactions performed online via internet banking or mobile banking will cost 10 sen, BNM said. Currently, Malaysia’s banks mostly charge RM1-2 for this transaction. From April 2014, banks will slap on a 50 sen charge on top of a 15 sen stamp duty for each cheque issued by the…

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