A great majority of shoppers in Malaysia will make purchases online this holiday season, rather than hitting brick & mortar stores, a fresh survey carried out by credit card firm VISA revealed.

Malaysian banking giant Maybank Group has announced its intention to increase the number of employees at its newly acquired investment banking unit Maybank Kim Eng, which presently has a workforce of around 3,000 people.

Maybank Group wants to grow the workforce at the newly merged investment banking division by 10 per cent per annum over the coming five years.

Shortly after a bilateral meeting between the Singaporean Deputy Prime Minister Teo Chee Hean and his Malaysian counterpart Muhyiddin Yassin on Tuesday, it was disclosed to the media that the Prime Ministers of the two countries would probably have another retreat meeting in December, in Kuala Lumpur.

The Prime Minister of Malaysia, Datuk Seri Najib Tun Razak revealed that he will select 1,100 companies on the basis of their status at stock exchange, to assist the Bumiputera entrepreneurs, and the Unit Peneraju Agenda Bumiputera (TERAJU).

As per dealers, last week was good for Bursa Malaysia shares but today in the early trading, its shares opened weaker on profit-taking.

It is expected that market will play rotational game on lower liners said by dealers. They also said that if buying slows down then profit-taking interest should increase to check gains.

On Friday a minister has claimed that the maximum attacks on the government and private websites are done by the local hackers.

Led by the Malaysian Ringitt, Asian currencies have strengthened. This will enhance the regions’ economic growth and will also result in policy makers increasing interest rates which can help in controlling inflation.