Future fair: (From left) Tan, Gandhi and Goi show the future plan for a bigger-scale MIFF in 2018 during the MIFF 2016 pre-show press conference in Kuala Lumpur. Malaysia will stand to benefit from the Trans-Pacific Partnership Agreement (TPPA), as there would be fewer barriers for the export of Malaysian-made furniture to the United States, said United Business Media (M) Sdn Bhd (UBM) managing director M Gandhi. “The good thing about the TPPA is that it is not in conflict with the other free trade agreements (FTAs). “It is an addition to what we already have. “One of the biggest buyers of Malaysian furniture is the US, and it is part of the TPPA. “In fact, most furniture exports are to countries that are a part of the TPPA “Besides that, one of our competitors is China, and China is not part of the TPPA. So, Malaysia will be more competitive in exporting to the TPPA countries,” added Gandhi. The upcoming Malaysian International Furniture Fair (MIFF) 2016, which is t...
KUALA LUMPUR: The electronic messages on disruption of online/Internet banking and automated teller machine (ATM) services, possibly due to ransomware attacks, that have been circulating via social media are not true, said the Association of Banks in Malaysia (ABM).
“While some ATMs around the country may experience occasional downtime during this period, such unavailability of ATM services were merely due to normal maintenance issues, such as machine replenishment requirements or routine system management,” it said in a statement on Wednesday.
ABM said the commercial banking industry viewed cyber security matters seriously and had always been vigilant in managing risks relating to the same.
Efforts were continuously made to ensure that appropriate control measures and best practices involving robust check and balance mechanisms with timely transaction monitoring were in place, it added. - Bernama
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