LATEST NEWS   Intel Corporation appoints Malaysian-born Lip-Bu Tan as chief executive officer effective March 18 | Additional audits, due diligence are prerequisites for finalising Sapura Energy's restructuring and RM1.1 bln injection - PM Anwar. | Previous major shareholders no longer manage Sapura Energy, with a new professional team leading its restructuring - Anwar | The RM1.1 bln injection into Sapura Energy Bhd is part of the company's restructuring efforts to support unpaid local workers - Anwar. | Investment in Sapura Energy Bhd is not a sunk cost; it is an injection to support vendors and must be repaid - PM Anwar. | 

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Intel Corp Appoints Chip Industry Veteran Tan Lip Bu As CEO

KUALA LUMPUR, March 13 (Bernama) -- Intel Corporation has appointed Malaysian-born Tan Lip Bu, an accomplished technology leader with deep semiconductor industry experience, as chief executive officer (CEO) effective March 18.

Anwar: RM1.1 Bln Sapura Energy Injection A Loan, Not A Sunk Cost

PUTRAJAYA, March 13 (Bernama) -- Prime Minister Datuk Seri Anwar Ibrahim has emphasised that the RM1.1 billion injection into Sapura Energy Bhd (SEB) is a loan, not a sunk cost, and must be repaid.  

Venturetech Invests In Pomen To Drive Digital Transformation For Fleet Maintenance, Workforce Management

PUTRAJAYA, March 12 (Bernama) -- VentureTech Sdn Bhd has announced a strategic investment in Pomen Autodata Sdn Bhd to drive digital transformation for fleet maintenance and workforce management. 

Investment In Sapura Energy By MDH To Repay Local Vendors - PNB

KUALA LUMPUR, March 12 (Bernama) -- The investment by Malaysia Development Holding Sdn Bhd (MDH) in Sapura Energy Bhd (SEB) will be exclusively used to repay local vendors, without benefitting any existing SEB shareholders or financial creditors, said Permodalan Nasional Bhd (PNB).

AEON Credit Fully Redeems RM200 Mln Subordinated Sukuk

KUALA LUMPUR, March 12 (Bernama) -- AEON Credit Service (M) Bhd announced that it has fully redeemed its RM200 million subordinated sukuk today. 

Hong Kong's Unity Group To Cut 25 Mln Tonnes Of Co2 Emission From Malaysian Projects

KUALA LUMPUR, March 12 (Bernama) -- Hong Kong-listed Unity Group Holdings International Ltd is targeting a 25-million tonnes reduction in carbon dioxide (CO2) emissions in Malaysia through its sustainability projects.

Observo AI, SiS Technologies Ink Deal To Meet Singapore's Data Pipeline Demands

KUALA LUMPUR, March 12 (Bernama) -- Observo AI, a leader in artificial intelligence (AI)-powered telemetry data pipelines, has entered a strategic distribution partnership with SiS Technologies, a premier value-added distributor in Singapore.

Awantec Empowers Professionals With Ai-driven Skills Through Gemini AI Training Programme

KUALA LUMPUR, March 12 (Bernama) -- AwanBiru Technology Bhd (Awantec), through its subsidiary Awantec Systems Sdn Bhd, has launched the Gemini AI Training Programme to equip professionals and businesses with artificial intelligence (AI)-driven productivity skills to enhance workplace efficiency.

Gradiant Secures Semiconductor Water Treatment Project In Germany 

KUALA LUMPUR, March 12 (Bernama) -- Gradiant, an advanced water and wastewater treatment leader, has secured a major contract to design and build an ultrapure water (UPW) facility for one of the world’s largest semiconductor manufacturers in Dresden, Germany.

Salesforce Invests US$1 Bln In Singapore To Drive AI, Digital Transformation

KUALA LUMPUR, March 12 (Bernama) -- Salesforce, a global leader in artificial intelligence (AI)-powered customer relationship management (CRM), has announced a US$1 billion investment in Singapore over the next five years with the goal of accelerating digital transformation and Agentforce adoption. (US$1=RM4.40)

Xsolla Ecosystem To Streamline Vendor Selection For Game Developers

KUALA LUMPUR, March 12 (Bernama) -- Global video game commerce company, Xsolla has launched the Xsolla Ecosystem, a platform designed to build a connected network of trusted partners and vendors for game developers.

Xsolla Unveils Customisable Loyalty As A Service Solution For Game Developers 

KUALA LUMPUR, March 12 (Bernama) -- Xsolla, a global video game commerce company, has introduced a customisable loyalty as a service solution to help developers seamlessly integrate rewards into their games’ purchase flows.