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Xora Appoints Eric Rosenblum As General Partner To Expand US Presence, AI Investments

KUALA LUMPUR, April 9 (Bernama) -- Xora Innovation (Xora), an early-stage artificial intelligence (AI) and deep tech venture firm backed by Temasek, has appointed Eric Rosenblum as General Partner to strengthen its presence in the United States (US) and accelerate investments in AI infrastructure, Applied AI, and deep tech companies.

High Jet Fuel Prices Likely To Spark Structural Shakeout In Airline Industry - Aviation Experts

By Kisho Kumari Sucedaram

KUALA LUMPUR, April 9 (Bernama) -- Rising fuel prices can precipitate a structural shakeout in the airline industry via consolidation, as well as signal the demise of weak and badly run airlines, an aviation analyst warned today.

Samaiden, Retailer Tan Boon Ming Turns Shared Clean Energy Vision Into Reality

KUALA LUMPUR, April 8 (Bernama) -- Renewable energy (RE) company Samaiden Group Bhd and home appliances retailer Tan Boon Ming Sdn Bhd (TBM) officially launched their first solar consumer experience at TBM Bangsar Village today, marking the first physical manifestation of their partnership.

IATA Expects Gradual Aviation Recovery In Gulf Amid Latest Development In West Asia

SINGAPORE, April 8 (Bernama) -- The International Air Transport Association (IATA) anticipates a gradual recovery for the aviation industry within a few months, particularly in the Gulf region, amid the recent developments in conflicts in West Asia.

IJM Shares Down In Early Trade, Sunway's IJM Takeover Attempts Lapse

KUALA LUMPUR, April 7 (Bernama) -- Share prices of IJM Corporation Bhd declined in early trade on Tuesday, while Sunway Bhd shares were marginally higher as Sunway’s conditional voluntary general offer (VGO) had lapsed after failing to meet the condition of securing over 50 per cent shareholders’ acceptance level in IJM.  

Sunway Takeover Offer For IJM Lapses After Low Acceptances

KUALA LUMPUR, April 7 (Bernama) -- Sunway Bhd expressed appreciation to stakeholders after its conditional voluntary takeover offer for IJM Corporation Bhd lapsed, having failed to secure the required level of acceptances.

West Asia Volatility Reinforces Need To Keep Internet Traffic Local, Says MyIX

KUALA LUMPUR, April 6 (Bernama) -- The volatility in West Asia has reinforced the need for Malaysia to keep internet traffic local amid growing concerns over the resilience of international connectivity and the risks of external disruptions to critical digital infrastructure, said the Malaysia Internet Exchange (MyIX) chairman, Chiew Kok Hin.

MNRB Holdings’ Sukuk Ratings Reaffirmed; Medium-Term Notes Upgraded

KUALA LUMPUR, April 6 (Bernama) -- MNRB Holdings Bhd has had the AA3 and A1 ratings on its RM420 million senior sukuk and subordinated sukuk, respectively, reaffirmed by RAM Rating Services Bhd.

Labuan Holds Workshop To Drive Action-oriented Solutions, Boost Economic Competitiveness

LABUAN, April 6 (Bernama) -- Addressing regulatory gaps, infrastructure constraints, and talent shortages is critical to unlocking Labuan’s economic potential, with stakeholders calling for stronger coordination and faster policy execution to drive sustainable growth.

Rubber Market To Trade Higher Next Week Amid Concern On Supply Disruption

By Engku Shariful Azni Engku Ab Latif

KUALA LUMPUR, April 4 (Bernama) -- The rubber market is expected to trend higher next week boosted by higher demand for the commodity amid supply disruption due to the West Asia crisis, an expert said.

LIAM Appoints Pauline Teoh As New President

KUALA LUMPUR, April 3 (Bernama) -- The Life Insurance Association of Malaysia (LIAM) has appointed Zurich Life Insurance Malaysia Bhd chief executive officer (CEO), Pauline Teoh, as its new president.

UEM Edgenta Shareholders Approve Proposed SCR, Paving Way For Delisting

KUALA LUMPUR, April 2 (Bernama) -- UEM Edgenta shareholders today approved the proposed selective capital reduction and repayment exercise (SCR), paving the way for UEM Group to increase its current 69.14 per cent stake in the asset management and infrastructure solutions company to 100 per cent.