US regulator sells failed Signature Bank assets to another lender

THE US banking regulator has struck a deal to sell most of the assets of the failed Signature Bank to another institution, the agency said yesterday. The Federal Deposit Insurance Corporation (FDIC) a week ago seized Signature Bank after it imploded in the wake of the collapse of Silicon Valley Bank (SVB) earlier this month, […]

Kulim airport development study not finished, says Anthony Loke

THE national airport strategic plan (NASP) study on the proposed development of Kulim International Airport (KXP) is yet to be finalised, Transport Minister Anthony Loke told parliament today. He said the Transport Ministry (MOT) has also not received any official application to build an aerodrome as part of the Kedah Aerotropolis project.

Seremban to procure electric vehicles to boost green city goals

SEREMBAN: The Seremban City Council (MBS) will procure electric vehicles (EV) and also encourage property owners to use solar power in its aspiration to turn the Negri Sembilan capital into a smart and low carbon emission city by 2027. Read full story