Scientex Posts Lower Net Profit Of RM123.95 Mln In 2Q

KUALA LUMPUR, March 12 (Bernama) -- Scientex Bhd’s net profit fell 12.1 per cent to RM123.95 million in the second quarter ended Jan 31, 2025 (2Q FY2025) compared with RM141.01 million a year earlier. 

Gradiant Secures Semiconductor Water Treatment Project In Germany 

KUALA LUMPUR, March 12 (Bernama) -- Gradiant, an advanced water and wastewater treatment leader, has secured a major contract to design and build an ultrapure water (UPW) facility for one of the world’s largest semiconductor manufacturers in Dresden, Germany.

Salesforce Invests US$1 Bln In Singapore To Drive AI, Digital Transformation

KUALA LUMPUR, March 12 (Bernama) -- Salesforce, a global leader in artificial intelligence (AI)-powered customer relationship management (CRM), has announced a US$1 billion investment in Singapore over the next five years with the goal of accelerating digital transformation and Agentforce adoption. (US$1=RM4.40)

EPF Reforms Gain Industry Support, Ensure Business Sustainability And Talent Retention

KUALA LUMPUR, March 12 (Bernama) -- Industry leaders welcomed the passing of the Employees Provident Fund (EPF) (Amendment) Bill 2025, hailing it as a balanced approach that strengthens social security while ensuring business sustainability.

Xsolla Ecosystem To Streamline Vendor Selection For Game Developers

KUALA LUMPUR, March 12 (Bernama) -- Global video game commerce company, Xsolla has launched the Xsolla Ecosystem, a platform designed to build a connected network of trusted partners and vendors for game developers.

Maintenance Fees: A Snowball That Can Trigger An Avalanche

KUALA LUMPUR, March 12 (Bernama) -- The issue of unpaid maintenance fees is a snowballing crisis, that, if unaddressed, can escalate into a major threat to property value and living conditions.

Sapura Energy Secures RM1.1 Bln Funding Through MDH's Subscription Of RCLS

KUALA LUMPUR, March 11 (Bernama) -- Sapura Energy Bhd (SEB) has secured RM1.1 billion in investment from Malaysia Development Holding Sdn Bhd (MDH) through the latter's subscription of the company’s nominal value of redeemable convertible loan stocks (RCLS).

Ringgit Ends Slightly Higher Against Greenback Amid Cautious Sentiment

By Danni Haizal Danial Donald

KUALA LUMPUR, March 11 (Bernama) -- The ringgit ended slightly higher against the US dollar on Tuesday, as investors remained cautious ahead of the Federal Open Market Committee (FOMC) meeting scheduled for March 19, according to an analyst.

MEUFTA: EU, Malaysia To Restart Trade Talks Before Summer

By Rohani Mohd Ibrahim

KUALA LUMPUR, March 11 (Bernama) -- The European Union (EU) expects the first round of negotiations on resuming the Malaysia-European Union Free Trade Agreement (MEUFTA) to take place before the summer or second half of 2025, said European External Action Service managing director for Asia and the Pacific Niclas Kvarnström.

Capcom Partners With EWC To Elevate Global Esports Scene 

KUALA LUMPUR, March 11 (Bernama) -- Capcom Co Ltd (Capcom) has announced a three-year partnership with the Esports World Cup Foundation’s Esports World Cup (EWC) event held in Saudi Arabia as part of the company’s esports initiative.

Maintenance Fee Arrears: Should We Be Concerned?

By Abdul Hamid A. Rahman

KUALA LUMPUR, March 11 (Bernama) -- Unpaid maintenance fees in strata developments have reached worrying levels, with arrears estimated in the hundreds of millions — and potentially billions, if unaddressed.

Silicon Connect Partners Semiwise To Further Strengthen Semiconductor Industry

KUALA LUMPUR, March 10 (Bernama) -- Silicon Connect Sdn Bhd and United Kingdom (UK)-based Semiwise Ltd have signed a memorandum of understanding (MoU) which will see both companies sharing their expertise in electronics, semiconductors as well as technologies.