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Lantronix Expands 5G Portfolio With US$6.5 Mln NetComm Acquisition

KUALA LUMPUR, NOV 8 (Bernama) -- Lantronix Inc has signed a definitive agreement to acquire from NetComm Wireless Pty Ltd (NetComm), a subsidiary of DZS Inc, all of the assets of its enterprise Internet of Things (IoT) business for US$6.5 million in cash together with assumptions of certain liabilities. (US$1=RM4.38)

InvestMalaysia: Malaysia's Future-proof Policy Frameworks Support Foreign Investors

KUALA LUMPUR, Nov 8 (Bernama) -- Malaysia has introduced future-proof policy frameworks to attract and support foreign investors while advancing its economic ambitions.

SDEC 2024 Draws 20,000 Attendees, Generating RM100 Mln In Potential Transactions

KUALA LUMPUR, Nov 8 (Bernama) -- The Selangor Smart City and Digital Economy Convention (SDEC) 2024, held from Oct 16-19, attracted over 20,000 participants and generated an estimated RM100 million in potential transactions through strategic partnerships and business engagements.

FBM KLCI Marginally Higher At Mid-day

KUALA LUMPUR, Nov 8 (Bernama) -- Bursa Malaysia remained marginally higher, tracking Wall Street’s strong overnight performance and aligning with most regional peers.

Taobao Malaysia Simplifies International Shopping, From App Navigation To Doorstep Delivery

By Siti Noor Afera Abu

KUALA LUMPUR, Nov 8 (Bernama) -- Taobao Malaysia is introducing a myriad of new service enhancements, making it easier than ever for Malaysians to shop across borders seamlessly. 

Malaysian Pavilion At SCEWS 2024 Exceeds Key Performance Goals

KUALA LUMPUR, Nov 8 (Bernama) -- The Malaysian Pavilion at Smart City Expo World Congress 2024 (SCEWC) has exceeded its key performance indicators (KPIs), demonstrating the event’s significant success, Malaysia Digital Economy Corporation (MDEC) said.

Lazada Launches AI Lazzie, Suite Of Genai Features, Promises Exciting 11.11 Sale

KUALA LUMPUR, Nov 8 (Bernama) -- Lazada Malaysia has introduced AI Lazzie, an integrated shopping assistant powered by artificial intelligence (AI), to help users shop smarter while enjoying various deals on the platform during its 11.11 Biggest Sale of the Year.

Gobind Committed To Helping Malaysia's Smart City Players Expand Reach To Global Stage

BARCELONA, Nov 8 (Bernama) -- Digital Minister Gobind Singh Deo expressed his commitment to helping more players in Malaysia’s smart city industry expand their reach to the global stage.

Bursa Malaysia Marginally Lower In Early Trade

KUALA LUMPUR, Nov 8 (Bernama) -- Bursa Malaysia's key index opened marginally lower in early trade, despite the mostly positive Wall Street performance overnight following the United States (US) Federal Reserve's (Fed) interest rate cut.

Bursa Malaysia Pulls Back After Recent Rally

By Abdul Hamid A Rahman

KUALA LUMPUR, Nov 7 (Bernama) -- Bursa Malaysia staged a modest pullback to end lower today, driven by profit-taking after a four-day rally, amid the mostly higher regional market performance, an analyst said.

BNM's International Reserves At US$117.6 Bln As Of Oct 30, 2024

KUALA LUMPUR, Nov 7 (Bernama) -- Malaysia's international reserves stood at US$117.6 billion (US$1 = RM4.40) as of Oct 30, 2024, compared to US$119.6 billion on Oct 15, 2024. 

Trump Presidency To Enhance Malaysia's Export Potential, FDI Inflows -- CIMB Securities

KUALA LUMPUR, Nov 7 (Bernama) -- Donald Trump’s re-election as the United States (US) President is expected to accelerate the China Plus One strategy, benefitting Malaysia through higher investments and enhanced export potential, particularly in sectors such as electronics, machinery, and palm oil.