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Kenanga IB Keeps Distributive Trade Forecast At 6.1 Pct Amid Energy-driven Downside Risks

KUALA LUMPUR, April 10 (Bernama) -- Kenanga Investment Bank Bhd (Kenanga IB) maintained its 2026 distributive trade forecast at 6.1 per cent, though downside risks from the ongoing energy crisis may warrant a downward revision.

Magna AI, Corvit Networks Partner To Advance AI Development In Pakistan

KUALA LUMPUR, April 10 (Bernama) -- Magna AI Inc, a global artificial intelligence (AI) transformation company, has announced the signing of a memorandum of understanding (MoU) with Corvit Networks (Pvt.) Ltd to accelerate national AI development in Pakistan.

AirAsia X's Outlook Resilient On Sustained Travel Demand, Cost-Cutting Measures -- Public Investment Bank

KUALA LUMPUR, April 10 (Bernama) -- AirAsia X Bhd’s (AAX) near-term outlook remains supported by sustained travel demand, despite new fuel surcharges introduced to manage the jet fuel price surge triggered by the West Asia regional conflict, which has led to higher airfares.

TERAJU Introduces New Fund To Accelerate Scaling Of Bumiputera Companies In Sabah

KOTA KINABALU, April 9 (Bernama) -- The Bumiputera Agenda Steering Unit (TERAJU) has introduced the Bumiputera Sabah and Sarawak Scale-Up Fund (BSSF) as a strategic driver to accelerate the growth and scaling of Bumiputera companies in Sabah.

Digital Realty Targets About SG$7 Bln Investment In Singapore AI Hub

KUALA LUMPUR, April 9 (Bernama) -- Digital Realty, the world's largest cloud- and carrier-neutral data centre platform, announced plans to invest nearly SG$7 billion in Singapore, reinforcing the city-state’s role as a strategic artificial intelligence (AI) infrastructure hub for Asia Pacific. (SG$1 = RM3.11)

Boulder Imaging Secures Growth Investment From Lime Rock New Energy

KUALA LUMPUR, April 9 (Bernama) -- Boulder Imaging Inc, a provider of ultra-high-speed machine vision technologies for wind energy and manufacturing applications, has received a growth investment from funds managed by Lime Rock New Energy (LRNE) to accelerate its global expansion and technology development.

Xora Appoints Eric Rosenblum As General Partner To Expand US Presence, AI Investments

KUALA LUMPUR, April 9 (Bernama) -- Xora Innovation (Xora), an early-stage artificial intelligence (AI) and deep tech venture firm backed by Temasek, has appointed Eric Rosenblum as General Partner to strengthen its presence in the United States (US) and accelerate investments in AI infrastructure, Applied AI, and deep tech companies.

RegASK Partners Veeva To Bring AI-Driven Regulatory Intelligence To RIM

KUALA LUMPUR, April 9 (Bernama) -- RegASK has partnered with Veeva Systems to integrate its agentic artificial intelligence (AI) capabilities with Veeva’s Regulatory Information Management (RIM) system, enabling life sciences organisations to connect near-real-time regulatory insights with core compliance workflows.

Cloudera Advances Hybrid Data, AI Platform To Cut Costs, Boost Scale

KUALA LUMPUR, April 9 (Bernama) -- Cloudera has announced significant advancements to its hybrid data and artificial intelligence (AI) platform, aimed at helping enterprises modernise infrastructure, reduce costs and accelerate analytics and AI across their data environments.

High Jet Fuel Prices Likely To Spark Structural Shakeout In Airline Industry - Aviation Experts

By Kisho Kumari Sucedaram

KUALA LUMPUR, April 9 (Bernama) -- Rising fuel prices can precipitate a structural shakeout in the airline industry via consolidation, as well as signal the demise of weak and badly run airlines, an aviation analyst warned today.

Takaful Sector Achieves 60 Pct Of Hijrah27 Targets, Aims For 100 Pct By 2027 - MTA

By K. Naveen Prabu

KUALA LUMPUR, April 8 (Bernama) -- The takaful industry has achieved 60 per cent of its targets under the Hijrah27 framework and is on track to reach full completion by 2027, according to the Malaysian Takaful Association (MTA).

Malaysia, Australia Strengthen Women’s Role In Biotechnology Collaboration

PUTRAJAYA, April 8 (Bernama) -- Malaysia and Australia are committed to strengthening women’s participation and leadership in science, technology and innovation (STI), particularly in biotechnology, in building a more inclusive and competitive national innovation ecosystem.