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FBM KLCI Rallies As Best-performing Index, Rebounding From 5-day Sell-off

By Siti Noor Afera Abu

KUALA LUMPUR, March 13 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) emerged as the top-performing index in the region today, gaining 1.69 per cent, as it bounced back from a significant five-day sell-off, driven by bargain hunting.

MATRADE Launches MADANI Digital Trade

KUALA LUMPUR, March 13 (Bernama) -- The Malaysia External Trade Development Corporation (MATRADE), in partnership with software developer Nazsoft Tech Sdn Bhd, has launched MADANI Digital Trade (MDT), an integrated virtual showcase to strengthen Malaysian exporters’ access to global markets.

MADANI Digital Trade: A Game Changer For SMEs To Benefit From Technologies -- Tengku Zafrul 

KUALA LUMPUR, March 13 (Bernama) -- The MADANI Digital Trade (MDT) could be a game changer, enabling small and medium enterprises (SMEs) to benefit from technologies such as big data and analytics, cloud computing and artificial intelligence.

Toshiba Begins Mass Production Of Gate Driver IC For Automotive DC Motors 

KUALA LUMPUR, March 13 (Bernama) -- Toshiba Electronic Devices & Storage Corporation (Toshiba) has commenced mass production of the "TB9103FTG", a gate driver integrated circuit (IC) designed for automotive brushed DC motors.

ACE Market-bound SumiSaujana Aims To Raise RM74.4 Mln From IPO

KUALA LUMPUR, March 13 (Bernama) -- ACE Market-bound oil and gas (O&G) specialty chemicals manufacturer SumiSaujana Group Bhd aims to raise RM74.4 million from its initial public offering (IPO).

Maintenance Fees: The Hard Truth - JMBs And MCs Lack Expertise, Residents Neglect Responsibility

By Abdul Hamid A Rahman

This is the conclusion of a three-part series on maintenance fee collection in strata properties. It examines enforcement challenges under the Strata Management Act 2013 (Act 757), the role of JMBs and MCs and the responsibilities of owners and tenants. 

Gold Futures Close Higher After Two Days Of Losses

By Danni Haizal Danial Donald

KUALA LUMPUR, March 12 (Bernama) -- Gold futures on Bursa Malaysia Derivatives ended higher on Wednesday as the commodity holds steady despite the Ukraine ceasefire and rising United States (US) yields, which could have sparked a deeper selloff, said an analyst.

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. 

UEM Lestra Team Ups With ACWA Power To Develop IWPP Facilities In Malaysia

KUALA LUMPUR, March 12 (Bernama) -- UEM Group Bhd’s wholly-owned subsidiary and green industries arm UEM Lestra Bhd (UEM Lestra) has partnered with Saudi Arabia’s ACWA Power to conduct a feasibility study and jointly develop renewable independent water and power plant (IWPP) facilities in Malaysia.

CPO Futures Close Mostly Higher Amid Stronger Soybean Oil Prices

By Rosemarie Khoo Mohd Sani

KUALA LUMPUR, March 12 (Bernama) -- The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives closed mostly higher due to stronger soybean oil prices, said palm oil trader David Ng.

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.

Malaysia Continues To Monitor Global Trade Situation, Implications On Economy - Liew

KUALA LUMPUR, March 12 (Bernama) -- The government continues to monitor the global trade situation in the face of aggressive trade policy changes by the United States (US) and assess its implications on the development of the country's economy, said Deputy Investment, Trade and Industry Minister Liew Chin Tong.