1y ago
By Karina Imran
KUALA LUMPUR, Dec 10 (Bernama) -- The Sarawak state government’s acquisition of a major stake in Affin Bank Bhd and Public Bank’s purchase of equity in LPI Capital Bhd, plus banks generally being highly profitable, were the major news items in Malaysia’s banking and financial landscape this year.
1y ago
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.
1y ago
KUALA LUMPUR, Dec 4 (Bernama) -- Kioxia Corporation, a world leader in memory solutions, has received Automotive Software Process Improvement and Capability dEtermination (ASPICE) Capability Level 2 (CL2) certification for its Universal Flash Storage (UFS) Ver. 4.0 embedded flash memory devices designed for automotive applications.
1y ago
KUALA LUMPUR, Dec 3 (Bernama) – The government will simplify financial cross-border approvals under the Foreign Exchange Policy, enabling funds to flow efficiently based on their mandate size to ensure Malaysia remains competitive in attracting foreign venture capital, said Finance Minister II Datuk Seri Amir Hamzah Azizan.
1y ago
KUALA LUMPUR, Nov 29 (Bernama) --The official reserve assets amounted to US$117.59 billion, while other foreign currency assets amounted to US$5.7 million as at end-October 2024, said Bank Negara Malaysia (BNM).
1y ago
KUALA LUMPUR, Nov 29 (Bernama) -- Maybank Asset Management Sdn Bhd (MAM Malaysia) has launched the MAMG Alpha Capital & Income Opportunities Fund to enhance diversification and deliver both income and capital growth.
1y ago
KUALA LUMPUR, Nov 27 (Bernama) -- Teledyne DALSA, a Teledyne Technologies company and global leader in high-performance digital imaging and semiconductors, has introduced Z-Trak 3D Apps Studio, a suite of software tools developed for in-line 3D machine vision applications.
1y ago
KUALA LUMPUR, Nov 27 (Bernama) -- IOI Corp Bhd’s operating profit remains stable amid the uncertainty in the downstream sub-segment, driven by the low cost of production among its peers, circa RM2,300-RM2,600 per tonne, MIDF Amanah Investment Bank Bhd said.
1y ago
KUALA LUMPUR, Nov 21 (Bernama) -- Bursa Malaysia Bhd is optimistic about the outlook for 2025, citing a robust pipeline of initial public offerings (IPOs) and an active capital market, said chairman Tan Sri Abdul Wahid Omar.
1y ago
KUALA LUMPUR, Nov 20 (Bernama) – A total of 7,900 companies have used the e-invoicing system and 87 million e-invoices have been issued as of Nov 19, said Deputy Finance Minister Lim Hui Ying.
1y ago
From M. Saraswathi
RIO DE JANEIRO (Brazil), Nov 19 (Bernama) -- The largest South American country Brazil is strategically located for Malaysian semiconductor industry’s “Plus One” strategy to de-risk their supply chain resiliency.
1y ago
KUALA LUMPUR, Nov 19 (Bernama) -- Donald Trump’s upcoming economic policies are expected to significantly impact Malaysia’s economy, with projections indicating that they could contribute RM19.7 billion to the country’s gross domestic product (GDP).