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Horizon Quantum Hires Greg Gould As CFO To Support Global Growth Strategy

KUALA LUMPUR, Aug 12 (Bernama) -- Horizon Quantum Computing Pte Ltd (Horizon Quantum), a developer of advanced software development tools for quantum computers, has appointed Greg Gould as Chief Financial Officer (CFO).

ATR Sets Sights On Supporting Malaysia’s Green Aviation Goals

By Nurunnasihah Ahmad Rashid

KUALA LUMPUR, Aug 12 (Bernama) -- The French-Italian turboprop aircraft maker ATR is ready to help Malaysia and ASEAN operators meet their environmental, social and governance (ESG) goals as it continues to lead the regional aviation sector in sustainable operations.

CPO Futures Close Higher On Slow Rise In Stock Levels, Strong Export Data

By Rosemarie Khoo Mohd Sani

KUALA LUMPUR, Aug 11 (Bernama) -- The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives closed higher today, extending last week’s rally, supported by a slower-than-expected rise in stock levels and strong export performance, said palm oil trader David Ng.

SME Bank Empowers 5,735 Entrepreneurs In 1H 2025, Up 158 Pct

KUALA LUMPUR, Aug 11 (Bernama) -- Small Medium Enterprise Development Bank Malaysia (SME Bank) has empowered 5,735 entrepreneurs in the first half of 2025 (1H 2025), an increase of 158 per cent against the 2,225 entrepreneurs recorded in 1H 2024.

Petronas Reviewing Operational, Cost Efficiencies Amid Low Oil Price Environment

KUALA LUMPUR, Aug 11 (Bernama) -- Petroliam Nasional Bhd (Petronas) expects the low oil price environment to persist, with prices hovering at around US$64 to US$65 per barrel, said executive vice president and chief executive officer (CEO) of upstream business Mohd Jukris Abdul Wahab. (US$1=RM4.24)

Penang Targets RM156 Bln GDP By 2030 Under Digital Economy Master Plan

GEORGE TOWN, Aug 9 (Bernama) -- Increasing Penang’s Gross Domestic Product (GDP) contribution from RM116 billion in 2023 to RM156 billion by 2030 is among the key success metrics under the newly launched Digital Economy Master Plan (DEMP) 2025-2030.

CPO Futures Likely To Trade Lower Next Week On Higher Output Concerns

By K. Naveen Prabu

KUALA LUMPUR, Aug 9 (Bernama) -- The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives is likely to trade lower next week, amid expectations of higher production and stock levels.

CIMB: Portion Of Malaysia’s Semiconductor Exports May Qualify For US Tariff Exemption

KUALA LUMPUR, Aug 7 (Bernama) -- CIMB Treasury and Markets Research economists believe that  a portion of Malaysia’s semiconductor exports may qualify for exemption from the United States’ (US) 100 per cent tariff on imported chips.

CPO Futures End Lower On Rising Production Concerns

By K.Naveen Prabu

KUALA LUMPUR, Aug 7 (Bernama) -- The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives closed lower today, weighed down by concerns over rising production and weak demand in the coming weeks.

Cloudera, Krutrim To Deliver Scalable AI Data Solutions On India's Sovereign Cloud 

KUALA LUMPUR, Aug 7 (Bernama) -- Cloudera, a global data and artificial intelligence (AI) platform provider, has announced a strategic collaboration with Krutrim, India’s sovereign cloud platform, to support large-scale analytics and data lake workloads for Ola on the Krutrim Cloud.

Cloudera Powers Bank Negara Indonesia’s Enterprise-wide AI Expansion With Secure, Scalable Platform

KUALA LUMPUR, Aug 7 (Bernama) -- Cloudera, a data and artificial intelligence (AI) platform company, announced it has strengthened its partnership with Bank Negara Indonesia (BNI) to scale AI innovation across the enterprise.

Kioxia Unveils Flash Storage Innovations To Power AI At FMS 2025

KUALA LUMPUR, Aug 6 (Bernama) -- Kioxia Group, a global leader in memory solutions, is set to dominate the spotlight at FMS: the Future of Memory and Storage, showcasing innovations that power scalable and efficient AI infrastructure.