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Ending Flat-rate Loan Calculations Can Curb Household Debt, Bankruptcy Risks -- Economists

KUALA LUMPUR, Dec 24 (Bernama) -- Bank Negara Malaysia’s (BNM) proposal to abolish the flat-rate method for calculating personal financing is seen as a significant step towards improving the financial health of households, said an economist.

Nearfield Instruments Secures Repeat Orders For Quadra Metrology System

KUALA LUMPUR, Dec 23 (Bernama) -- Nearfield Instruments, a pioneer in advanced process control metrology solutions, announced it has received repeat purchase orders for its flagship QUADRA High-Throughput Process Control Metrology System.

New Audit Exemption Criteria For Private Companies To Take Effect On Jan 1, 2025 - SSM

KUALA LUMPUR, Dec 18 (Bernama) -- The new criteria for the exemption of financial statement audits for private companies will take effect on Jan 1, 2025.

Technology Innovation Institute's Falcon 3: A New Era In Open Source AI Models

KUALA LUMPUR, Dec 18 (Bernama) -- The Technology Innovation Institute (TII), a global applied research centre under Abu Dhabi’s Advanced Technology Research Council (ATRC), has unveiled Falcon 3, the latest iteration of its open-source large language model (LLM) series.

No Proposal For Malaysia To Join New Development Bank So Far -- MITI

KUALA LUMPUR, Dec 5 (Bernama) -- There has been no proposal so far for Malaysia to join the New Development Bank (NDB), according to the Ministry of Investment, Trade and Industry (MITI).

IBR Pushes For Energy Efficiency, Modernisation

By M. Saraswathi

KUALA LUMPUR, Nov 26 (Bernama) -- Incentive-Based Regulation (IBR), a bold transformation for Malaysia’s energy sector, is a framework used by regulators to determine efficient costs and their recovery for electricity supply and services.

Govt Pledges To Keep Health Inflation Moderate, Sarawak At 1.5 Pct

KUALA LUMPUR, Nov 25 (Bernama) -- The government is committed to ensuring that health inflation remains moderate, including in Sarawak, said Deputy Economy Minister Datuk Hanifah Hajar Taib.

Entrepreneurs Hail Labuan Connect! For Boosting Income, Visibility

LABUAN, Nov 24 (Bernama) -- Entrepreneurs participating in the inaugural Labuan Connect! programme on Saturday expressed their enthusiasm, describing it as a valuable platform for increasing income and building stronger connections with the Malaysian National News Agency (Bernama).

Bank Islam Launches New Digital Banking Platforms

KUALA LUMPUR, Nov 21 (Bernama) -- Bank Islam Malaysia Bhd has introduced new digital banking platforms, BIMB Mobile banking app and BIMB Web.

MIZU Paint Eyes To Be Leader In Sustainable Construction Materials

By Zufazlin Baharuddin

KUALA LUMPUR, Nov 19 (Bernama) -- MIZU Paint aims to be a leader in sustainable construction materials that embeds its technology into any sector needed for climate change mitigation strategy.

 

BYD Expands Energy Storage Partner Programme, Unveils New Products

KUALA LUMPUR, Nov 18 (Bernama) -- BYD Co Ltd has expanded its partner programme for BYD Energy Storage solutions recently during a partner conference at its headquarters.

Digital Ministry, KUSKOP To Formulate Policy To Help MSMEs Adopt Digitalisation - Gobind

KUALA LUMPUR, Nov 18 (Bernama) -- The Digital Ministry is in discussions with the Ministry of Entrepreneur and Cooperatives Developments (KUSKOP) to formulate a policy aimed at helping micro, small, and medium enterprises (MSMEs) adopt digitalisation in their businesses.