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Bank Negara Raids Two Companies Over Unlicensed Remittance Business
KUALA LUMPUR, Nov 25 (Bernama) -- Bank Negara Malaysia (BNM) has raided the offices of two companies here on suspicion of their having conducted the remittance business without a licence, the central bank said today. [more]

More Headlines:
BNM To Consider Global Economy Before Adjusting Monetary Policy
BNM Satisfied With Personal Financing Segment Downtrend
IBM Eyes Opportunities In Malaysia's Banking Industry



Gold Futures Opens Lower
KUALA LUMPUR, Nov 26 (Bernama) -- Gold futures contract on Bursa Malaysia Derivatives traded lower this morning with two contract months transacted as at 9.50 am.

KLIBOR Futures Untraded At 9.20 AM
KUALA LUMPUR, Nov 26 (Bernama) -- The three-month Kuala Lumpur Interbank Offered Rate (KLIBOR) futures contract on Bursa Malaysia Derivatives was untraded as at 9.20 am.

KLCI Futures Contract Opens Easier
KUALA LUMPUR, Nov 26 (Bernama) -- The FTSE Bursa Malaysia KLCI futures (FKLI) contract on Bursa Malaysia Derivatives opened easier Wednesday with three contract months traded.

Ministry Of Finance(MOF)
Bank Negara Malaysia(BNM)
Employees Provident Fund(EPF)
Banking Info
Financial Mediation Bureau (FMB)

Belgium Aims To Make Brussels One Of Shariah-Compliant Investment Cities In Europe
RAM Feels Japan Should Play Bigger Role Islamic Finance Market

Maybank Islamic Generates RM1 Billion Deposit Growth For PMA-i


AmGeneral Insurance To Conclude GST Roadshows By End-November
Great Eastern Leverages On Bank Mualamat Customer Base To Sell Takaful Products

Prudential Miri Branch Moves To New Location

US 3.3385/3405
S'pore 2.5701/5734
100 Yen 2.8340/8362
Sterling 5.2465/2499
Euro 4.1664/1696
Source: Bank Negara Malaysia

Starting April the banks have imposed a 50 sen processing fee on top of the 15 sen stamp duty on each cheque. The fee also applies to those applying for a Bankerís Cheque, Bank Draft and Cashierís Order. Do you think this additional charge is justified?

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