Retailers not permitted to impose surcharges for payments using debit, credit cards - BNM
KUALA LUMPUR, March 21 (Bernama) -- Retailers are not permitted to impose surcharges for payments using debit cards under the Payment Card Reform Framework and a similar prohibition is applied for credit card payments under the rules of international card schemes such as Visa and Mastercard under the Payment Card Reform Framework, said Bank Negara Malaysia (BNM).
KLCI futures contract closes higher
KUALA LUMPUR, March 22 (Bernama) -- The FTSE Bursa Malaysia KLCI futures (FKLI) contract on Bursa Malaysia Derivatives closed higher today buoyed by the stronger cash market.
Ringgit ends higher against US dollar By Sharifah Pirdaus Syed Ali
KUALA LUMPUR, March 22 (Bernama) -- The ringgit ended higher against the US dollar today in tracking the performance of most Asian currencies, after the greenback retreated on the less hawkish statement from the Federal Reserve (Fed) and despite the US interest rate increase, dealers said.
KLIBOR futures contract closes untraded
KUALA LUMPUR, March 22 (Bernama) -- The three-month Kuala Lumpur Interbank Offered Rate (KLIBOR) futures contract on Bursa Malaysia Derivatives closed untraded today.
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?