| M'sia On Track For Long-term Economic Uptrend, Says Merrill Lynch
KUALA LUMPUR, June 8 (Bernama) -- Malaysia is in the midst of a long-term structural upturn, which will not only lift its economic growth prospects in the coming years but also support asset prices, says international merchant bank Merrill Lynch. The Malaysian economy, it said, appeared to be reaching full stride and this development has raised "our optimism over the country's medium-term growth prospects". "We have therefore lifted our forecasts for gross domestic product growth to 5.7 percent for 2007 and 6.3 percent for 2008 (previously 5.2 percent and 5.8 percent respectively)," Merrill Lynch said in its latest analysis on Malaysia. Bank Negara Malaysia, on the other hand, has forecast an even higher GDP growth of 6.0 per cent for the country in 2007. Merrill Lynch said Bursa Malaysia has rebounded with the local stock market being one of the best performers in the region this year.
E-xact Announces PCI Compliance
VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - May 30, 2007) - E-xact Transactions Ltd. (TSX VENTURE:EXZ), a leading provider secure payment gateway solutions, is pleased to announce that it has achieved full compliance with the Payment Card Industry (PCI) Data Security Standard (DSS).
PCI DSS was developed globally to ensure merchants and service providers adopt best practices to enhance their payment account security. It was developed in 2004 by the card association, which includes: American Express, Discover Financial Services, JCB, MasterCard Worldwide and Visa International. For more information about the PCI DSS visit www.pcisecuritystandards.org.
Being PCI compliant assures that with E-xact's products and technology, merchant and cardholder data is protected by the industry's highest security standards.
FiftyOne from E4X Makes Selling Internationally Easy
NEW YORK, June 5 /PRNewswire/ -- E4X, Inc., the leading provider of online currency services, today launched FiftyOne, a global ecommerce solution designed to overcome the complexities of cross-border ecommerce and help online retailers sell internationally with no more effort than selling domestically. "The internet has always promised to facilitate market expansion on a global scale, but failed to deliver because the realities of currency, payment and logistics made it too difficult," says Michael DeSimone, E4X CEO. "After seeing the challenges our merchants faced firsthand, we decided to make international sales simpler. The fact is cross border sales volume is now growing twice as fast as domestic sales. It's clear that US based internet retailers need high quality, comprehensive solutions to access these customers.
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