<div class=newsTextDataWrapInner><p>KUALA LUMPUR (May 9): RHB Bank Bhd has enhanced its digital rewards programme feature to enable customers to accumulate and redeem their points through a centralised platform when they save, spend, transact, or invest with the bank.&nbsp;</p></div>

<div class=newsTextDataWrapInner><p>In a statement on Monday (May 9), the bank said these transactions include daily credit and debit card purchases, deposit accounts, its Joy@Work salary account or fixed deposit account openings, investment transactions, life insurance, as well as mortgage and hire purchase loans.</p></div>

<div class=newsTextDataWrapInner><p>RHB Bank managing director of group community banking Jeffrey Ng said customers can manage and keep track of their rewards by simply accessing the new digital rewards dashboard.</p></div><div class=inPageAd id=div-gpt-ad-inpage></div>

<div class=newsTextDataWrapInner><p>He said new and existing customers are also given offers and are open to win up to 10 million loyalty points, until the end of next month.&nbsp;</p></div>

<div class=newsTextDataWrapInner><p>“This is on top of our RHB Day flash deals that take place every 26th of the month, where customers are rewarded even more with up to 30,000 loyalty points from a variety of transactions with the bank.&nbsp;</p></div>

<div class=newsTextDataWrapInner><p>“We will also be revealing new flash deals soon through our Facebook page and corporate website,” Ng added.</p></div>

<div class=newsTextDataWrapInner><p>The enhanced digital RHB Rewards programme feature is currently available on its RHB Internet Banking and RHB Mobile Banking App.</p></div>


RHB Bank Bhd has enhanced its digital rewards programme feature to enable customers to accumulate and redeem their points through a centralised platform when they save, spend, transact, or invest with the bank.

RHB loyalty points now consolidate in single platform

The European Central Bank cut interest rates for the fourth time this year on Thursday and kept the door open to further easing ahead as inflation closes in on its goal and the economy remains weak.

ECB cuts interest rates for fourth time this year

Uni Wall APS Holdings Bhd (KL:UNIWALL) on Thursday entered into two separate agreements with Menteri Besar Kedah Inc-owned investment company Permodalan Kedah Bhd (PKB) to develop three university projects with a combined gross development value (GDV) of RM2.30 billion.

Uni Wall, Pemodalan Kedah team up on RM2.3b GDV university projects 

PUTRAJAYA (Dec 12): A three-member Court of Appeal bench has granted the Kedah state government and its Menteri Besar Datuk Sanusi Md Nor an extension of time until Monday (Dec 16) for them to amend their memorandum of appeal, to consolidate all six of their appeals over the Alor Setar High Court’s decision in June to lift the state’s ban on lottery outlets.

Kedah govt, MB gets more time to challenge court's decision to lift state's ban on lottery outlets

YTL Power International Bhd released its Malaysian large language model (LLM), Ilmu 0.1, which outperforms global counterparts in Bahasa Melayu.  

Ilmu 0.1 was released in conjunction with the launch of the National AI Office by the Digital Ministry, according to the company’s statement on Thursday.

YTL Power releases Malaysian large language model Ilmu 0.1 

Japan's Suntory Holdings said on Thursday that executive vice-president Nobuhiro Torii will become president next March, putting the food and beverage conglomerate back under the leadership of a founding family member.

Suntory appoints EVP and founding family member Torii as president

Kerjaya Prospek Property Bhd (KL:KPPROP) said it will redeem the outstanding 1.72 billion redeemable convertible preference shares (RCPS) issued in 2019 by the investment vehicle of its controlling shareholder Datuk Tee Eng Seng for RM292.07 million on Jan 9.

Kerjaya Prospek to pay Tee Eng Seng’s family vehicle RM292m in preference share redemption

Ukrainian policymakers unexpectedly raised borrowing costs for the first time in four meetings in an attempt to tame inflation that’s accelerated faster than forecast.

The National Bank of Ukraine lifted the key rate to 13.5% from 13%, according to a statement published on Thursday.

Ukraine surprises with rate increase to 13.5% to tame inflation

China signalled further stimulus measures including raising its budget deficit ratio in 2025 at a key economic meeting that sets policy priorities for the coming year.

Top officials led by President Xi Jinping also vowed to deliver rate cuts and lower the reserve requirement (RRR) for banks during a two-day huddle of the Central Economic Work Conference in Beijing, according to China Central Television.

China signals more fiscal stimulus, rate cuts to lift growth

Bank Negara Malaysia (BNM) will announce further details on interim measures to address the rise in insurance premiums next week.

Finance Minister II Datuk Seri Amir Hamzah Azizan emphasised that the participation of all stakeholders is essential for tackling this issue.

BNM to reveal interim measures on rising insurance premiums next week — Amir Hamzah

Upholstery furniture manufacturer Homeritz Corp Bhd (KL:HOMERIZ) has reported a fire incident at one of its production facilities in Muar, Johor, with the financial impact of the incident still under evaluation.

Homeritz reports fire outbreak at facility in Muar, financial impact under assessment

<p>A Temasek Holdings Pte Ltd firm’s stake sale agreement values U Mobile Sdn Bhd at about RM7.5 billion (US$1.7 billion), according to people familiar with the matter, after the Malaysian phone company won a major 5G contract.</p>


Temasek firm’s deal values U Mobile at US$1.7 bil

<p>Discussions on&nbsp;gas distribution&nbsp;in Sarawak between Petroliam Nasional Bhd (Petronas) and Petroleum Sarawak Bhd (Petros) have been&nbsp;settled, and the government is currently fine-tuning the&nbsp;details, parameters&nbsp;and implications of the move.</p>


Gas distribution between Petronas and Petros settled, govt fine-tuning details — PM

<p>Former prime minister Tun Dr Mahathir Mohamad made the decision to drop Malaysia's challenge over Batu Puteh unilaterally, three of his former Cabinet members said on Thursday.</p>


Dr M decided to drop Batu Puteh challenge unilaterally, his former Cabinet members say

<p>Food and beverage services cafe chain operator Oriental Kopi Holdings Bhd on Thursday signed an underwriting agreement with Alliance Islamic Bank Bhd for its proposed initial public offering (IPO) on the ACE Market of Bursa Malaysia.</p>


Oriental Kopi looking at IPO in 1Q, inks underwriting agreement with Alliance Islamic Bank

<p>The two princes who allegedly made "donations" to Datuk Seri Najib Razak's personal accounts&nbsp;were directly linked to the&nbsp;late King Abdullah of Saudi Arabia, the court heard on Thursday. &nbsp;</p>


Saudi princes who made transactions to Najib's accounts were directly linked to late Saudi monarch, court told

<p>KUALA LUMPUR (Dec 12): South Korean engineering firm Samsung E&amp;A said on Thursday that it has been awarded a contract to build a refinery in Malaysia to produce sustainable aviation fuel (SAF) and other biofuels.</p>


Samsung E&A to build biofuel refinery in Johor worth over RM6b

<p>Kumpulan Kitacon Bhd (KL:KITACON) said on Thursday it had secured two building works contracts worth a total of RM203.9 million.</p>

<p>One of the contracts involves the construction of 237 landed houses and ancillaries for RM143 million at the Gamuda Gardens project developed by Gamuda Bhd (KL:GAMUDA), Kitacon said in an exchange filing. The contract will start from Jan 2, 2025, and be completed within 18 months.</p>


Kumpulan Kitacon gets construction contracts worth RM204 mil

<p>Deputy Prime Minister Datuk Seri Dr Ahmad Zahid Hamidi remains acquitted in the foreign visa pass graft case.</p>

<p>Deputy public prosecutor (DPP) Datuk Yusaini Amer Abdul Karim informed a three-member bench, led by Datuk Che Mohd Ruzima Ghazali at the Court of Appeal, of the decision by the prosecution and attorney general to withdraw their appeal over a decision&nbsp;in 2022 to acquit Zahid.</p>


Zahid stays acquitted in foreign visa pass graft case as prosecution drops appeal

<p>The Public Accounts Committee (PAC) has included investigations into Khazanah Nasional Bhd’s controversial deals in its schedule for next year.</p>


PAC to probe Khazanah's controversial deals early next year

<p>Astro Malaysia Holdings Bhd (KL:ASTRO) is still not out of the woods&nbsp;as weak revenue clouds its outlook, analysts said on Thursday while the pay-television operator’s stock hovered near record lows.</p>


Astro's outlook shrouded by weak revenue, tax case as shares hover near record lows

<p>Malaysia has the opportunity to leverage rare earth element (REE) mining management technology through negotiations with China, despite the country's strict policies on technology transfer.</p>


Malaysia eyes opportunities in rare earth mining technology through China deal

<p>PUTRAJAYA (Dec 12): A three-member Court of Appeal bench has granted the Kedah state government and its Menteri Besar Datuk Sanusi Md Nor an extension of time until Monday (Dec 16) for them to amend their memorandum of appeal, to consolidate all six of their appeals over the Alor Setar High Court’s decision in June to lift the state’s ban on lottery outlets.</p>


<p>Malaysians under the age of 55 have withdrawn a total of RM11.6 billion from Account 3, also known as the Flexible Account,&nbsp;following the Employees Provident Fund (EPF) account restructuring in May.</p>


EPF members withdrawn RM11.6b from Account 3 as of Nov 27, says Amir Hamzah

<p>KUALA LUMPUR (Dec 12): Malaysia&nbsp;launched on Thursday a national artificial intelligence (AI) office aimed at shaping policies and addressing regulatory issues, as it looks to establish itself as a regional hub for AI development.</p>


Malaysia launches National AI Office for policy, regulation

<p>168 Park Selayang Sdn Bhd, a subsidiary of Infra Segi Sdn Bhd, on Thursday announced the soft opening of 168 Park Mall, the retail component of the formerly abandoned mixed-use development located in Selayang, Selangor.</p>


168 Park Mall in Selayang soft opens

<p>Gamuda Bhd (KL:GAMUDA) reported that its net profit climbed 5.31% in the August-October quarter as revenue jumped on improved contributions from all segments. It also achieved a record high order book of RM30 billion.</p>


Gamuda pays five sen dividend as 1Q profit climbs 5%; order book hits record RM30b

<p>Citi sees potential in Southeast Asia (SEA), where client activity at the bank is up double digits across its Asean trade corridors with other markets, <em>The</em> <em>Business Times</em>&nbsp;reported&nbsp;on Thursday, citing Jason Rekate, a co-head of corporate banking at the US bank.</p>


Citi sees SEA, including Malaysia, as target to diversify client supply chains

<p>Datuk Seri Najib Razak on Thursday testified to his version of events when The Edge Media Group chairman Tan Sri Tong Kooi Ong had come to his house in 2015 to warn him about the misappropriation of 1Malaysia Development Berhad (1MDB) funds. The former prime minister said that when Tong came to visit him, he had already consented to a request by the then auditor general (AG) to investigate 1MDB. Najib also denied showing Tong the door.</p>


Najib denies showing The Edge's owner the door during his visit, claims he already agreed to 1MDB probe

<p>KUALA LUMPUR (Dec 12): Analysts have maintained their outlook on Axiata Group Bhd (KL:AXIATA) following the recent merger between XL Axiata and Smartfren Telecom, suggesting that potential benefits may take time to materialise.</p>


Analysts maintain outlook on Axiata, flag delayed benefits from XL-Smartfren merger

<p>MUCH has been reported about the Sarawak government’s negotiations via Petroleum Sarawak Bhd (Petros) with Petroliam Nasional Bhd (Petronas) for the Bornean state’s rights to regulate the oil and gas (O&amp;G) developments within its boundaries. Next door, however, information on Sabah’s progress...