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InterSystems, 59stVentures To Support AI-Ready Data Ecosystems In ASEAN

KUALA LUMPUR, May 29 (Bernama) -- InterSystems, a creative data technology provider, has partnered with 59stVentures to support the development of interoperable and artificial intelligence (AI)-ready data ecosystems across ASEAN and the wider Asia-Pacific region.

Bursa Malaysia Trims Losses To Open Higher, Tracking Wall Street Cues

By Danni Haizal Danial Donald

KUALA LUMPUR, May 29 (Bernama) -- Bursa Malaysia pared yesterday’s losses to open higher on Friday, tracking overnight gains on Wall Street as investor sentiment improved amid easing geopolitical tensions between the United States and Iran.

West Asia Conflict Drags Global Air Passenger Demand Down 3.4 Pct In April 2026 -- IATA

KUALA LUMPUR, May 28 (Bernama) -- The West Asia conflict dragged down total air passenger demand, measured in revenue passenger kilometres (RPK), by 3.4 per cent year-on-year (y-o-y) in April 2026, according to the International Air Transport Association (IATA).

CPO Futures End Higher On Firmer Oil Prices, Rival Vegetable Oil Futures

By Muhammad Fawwaz Thaqif Nor Afandi

KUALA LUMPUR, May 28 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives ended higher on Thursday, supported by the upward momentum of crude oil prices and rival vegetable oil futures, a trader said.

IOI Properties 3Q Net Profit Jumps More Than Threefold To RM258.11 Mln

KUALA LUMPUR, May 28 (Bernama) -- IOI Properties Group Bhd’s net profit jumped 3.39 times year-on-year to RM258.11 million in the third quarter ended March 31, 2026, for the current financial year (3Q FY2026) from RM76.13 million in the same period last year.

Pharmaniaga Bags RM281.7 Mln Contract From Health Ministry To Supply Human Insulin

KUALA LUMPUR, May 28 (Bernama) -- Pharmaniaga Bhd, through wholly-owned subsidiary Pharmaniaga LifeScience Sdn Bhd (PLS), has secured a three-year contract valued at RM281.7 million from the Ministry of Health for the supply of human insulin to healthcare facilities nationwide.

IJM Corp FY2026 Net Profit Falls To RM3.24 Mln, Declares Second And Special Dividend

KUALA LUMPUR, May 28 (Bernama) -- IJM Corporation Bhd’s net profit dipped to RM3.24 million for the financial year ended March 31, 2026 (FY2026), from RM403.37 million in the corresponding period last year.

MMCS IPO Oversubscribed 42.12 Times Ahead Of ACE Market Listing

KUALA LUMPUR, May 28 (Bernama) -- MM Computer Systems Bhd’s (MMCS) initial public offering (IPO) has been oversubscribed by 42.12 times ahead of its listing on the ACE Market of Bursa Malaysia slated on June 11, 2026.

Ringgit Ends Lower Against Greenback As Geopolitical Concerns Persist

By Rosemarie Khoo Mohd Sani

KUALA LUMPUR, May 28 (Bernama) -- The ringgit closed lower against the US dollar on Thursday, as escalating geopolitical tensions in West Asia increased demand for the greenback amid heightened risk aversion.

viaim Expands AI Wearables Push Through Transsion Partnership

KUALA LUMPUR, May 28 (Bernama) -- Artificial intelligence (AI) hardware company, viaim announced it is partnering with smartphone maker Transsion Holdings to develop a new generation of AI-powered wearable devices, following the completion of an A+ funding round worth 100 million Chinese yuan. (100 Chinese yuan = RM58.66)

Bursa Malaysia Extends Losses Amid Heightened Geopolitical Tensions

By Danni Haizal Danial Donald

KUALA LUMPUR, May 28 (Bernama) -- Bursa Malaysia closed lower on Thursday, extending its losses for a third consecutive day, as investor sentiment turned increasingly risk-averse amid escalating geopolitical tensions.

Ryt Bank Launches Ryt Invest, Offers Shariah-Compliant Investing From RM1

KUALA LUMPUR, May 28 (Bernama) -- Ryt Bank has launched a new in-app investment platform called Ryt Invest, marking a first for digital banking in Malaysia by bringing shariah-compliant investing with zero per cent sales charge.