In SRC US$1.18b civil suit against Najib, ex-banker says BSI Bank ‘seduced’ by fees, failed to disclose sham transactions to Singapore

March 5, 2024 by Gias ul Hassan

KUALA LUMPUR, March 5 — A former Singapore-based banker said today the now-shuttered BSI Bank Singapore had failed to comply with their legal obligations to disclose sham transactions from SRC International (Malaysia) Limited to Singaporean authorities, attributing their oversight to being “seduced” by the fees it was earning. Kevin Swampillai was testifying as the first … Read more

ITS Logistics Releases ContainerAI: Saves Customers Tens of Millions in Demurrage and Detention Fees

February 5, 2024 by Gias ul Hassan

RENO, Nev., Feb. 05, 2024 (GLOBE NEWSWIRE) — ITS Logistics today announced its proprietary, custom-built container management and visibility platform, ContainerAI. Backed by nearly 25 years of operational excellence and two years of development, the AI-driven solution is now the backbone of ITS Logistics’ industry-leading drayage and intermodal services in North America. By offering comprehensive … Read more

Grab Malaysia expands #SavewithGrab campaign offering cheaper rides, lower delivery fees and unlimited cashbacks

January 19, 2024 by Gias ul Hassan

KUALA LUMPUR, Jan 19 — The country’s inflation rate is forecasted to range between 2.1 per cent and 3.6 per cent this year, according to the Finance Ministry’s Economic Outlook 2024, Addressing the need for practical and accessible everyday solutions, Grab Malaysia is rolling out more new features for budget-conscious customers under its #SavewithGrab campaign. … Read more

Twitch to shut down in South Korea over ‘seriously’ high fees

December 6, 2023 by Gias ul Hassan

SEOUL, Dec 6 ― US-based live gaming streaming platform Twitch said today that it would stop its service in South Korea in February because of “seriously” high network costs. In a statement signed by CEO Dan Clancy, the Amazon-owned company said it had reached a stage where continued operation in the country had become “impossible”. … Read more

Cambodia to bear cadets' tuition fees after US cuts scholarships

July 5, 2021 by Gias ul Hassan

CAMBODIA has decided to pay the tuition fees for its six cadets studying at elite American military academies after the United States government decided to cut off their scholarships. © New Straits Times Press (M) Bhd

Uggah bares companies imposing vaccination fees on workers

June 22, 2021 by Gias ul Hassan

All industrial workers throughout Sarawak are provided with free COVID-19 vaccines without any charges from the government, the State Deputy Chief Minister Datuk Amar Douglas Uggah Embas said today.

May 21, 2024