KUALA LUMPUR, NOV 8 (Bernama) -- Lantronix Inc has signed a definitive agreement to acquire from NetComm Wireless Pty Ltd (NetComm), a subsidiary of DZS Inc, all of the assets of its enterprise Internet of Things (IoT) business for US$6.5 million in cash together with assumptions of certain liabilities. (US$1=RM4.38)
PUTRAJAYA, Nov 7 (Bernama) -- The Entrepreneur and Cooperatives Development Ministry (KUSKOP) has targeted RM100 million in potential investments from Malaysia's participation in the BIBAN24 International Exhibition in Riyadh, Saudi Arabia.
KUALA LUMPUR, Nov 7 (Bernama) -- Malaysia would be wise to prepare contingency measures in anticipation of potential US policy shifts and targeted tariffs under a Trump 2.0 administration, said SPI Asset Management managing partner Stephen Innes.
KUALA LUMPUR, Nov 7 (Bernama) -- Donald Trump’s re-election as the United States (US) President is expected to accelerate the China Plus One strategy, benefitting Malaysia through higher investments and enhanced export potential, particularly in sectors such as electronics, machinery, and palm oil.
KUALA LUMPUR, Nov 7 (Bernama) -- An increase in investment inflows, improved tax collection relative to Gross Domestic Product (GDP), and a narrower fiscal deficit are positive catalysts expected to drive Malaysia's economy to grow between 5.0 per cent and 5.5 per cent in 2024 and 2025.
KUALA LUMPUR, Nov 6 (Bernama) -- The government is adopting a pragmatic approach in planning the country’s economic development, said Economic Minister Mohd Rafizi Ramli.
BARCELONA, Nov 6 (Bernama) -- Digital Minister Gobind Singh Deo engaged with representatives from the European Union (EU) to share initiatives concerning Malaysia’s journey to develop digital and smart cities that enhance people’s lives.
KUALA LUMPUR, Nov 6 (Bernama) -- Europe’s leading mobility company, Bolt has launched its ride-hailing service in Klang Valley, aiming to support Malaysia’s growing demand for shared mobility, projected to serve 11.47 million users by 2029.
KUALA LUMPUR, Nov 6 (Bernama) -- Bursa Malaysia closed higher today, buoyed by supportive local economic policies, positive sentiment from strong technology stocks earnings, and a favourable United States (US) market outlook, an analyst said.
KUALA LUMPUR, Nov 6 (Bernama) -- The government, through the Ministry of Investment, Trade and Industry (MITI) and the Malaysian Investment Development Authority (MIDA), has introduced two new funds under the 12th Malaysia Plan (12MP), namely the Domestic Investment Accelerator Fund (DIAF) and the Foreign Investment Accelerator Fund (FIAF).
BARCELONA, Nov 6 (Bernama) -- Malaysia's Smart City Framework, which aims to bring local cities up to global smart city standards, is generating impactful results, as evidenced by Kuala Lumpur's impressive leap of 16 spots in the latest Institute for Management Development (IMD) Smart City Index.
By Abdul Hamid A Rahman
KUALA LUMPUR, Nov 5 (Bernama) -- Bursa Malaysia recouped earlier losses to close higher today as late buying lifted the benchmark index to its intraday high on market expectations that Bank Negara’s Monetary Policy Committee (MPC) will maintain the Overnight Policy Rate (OPR) at its meeting tomorrow.
