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AI Adoption In Malaysia Rises 35 Pct This Year - Amazon Web Services

KUALA LUMPUR, Nov 4 (Bernama) -- Artificial intelligence (AI) adoption in Malaysia grew 35 per cent year-on-year, with about 2.4 million businesses already using AI, according to a report by Amazon Web Services (AWS), an Amazon.com company.

Ringgit Opens Steady Vs Greenback Ahead Of Rate Decisions

KUALA LUMPUR, Nov 5 (Bernama) -- The ringgit opened almost flat against the US dollar this morning as investors awaited lending rate decisions both domestically and in the United States.

Federal Loans Are Only For Development, Not Operating Expenses – Amir Hamzah

KUALA LUMPUR, Nov 4 (Bernama) -- The government stressed that loans to cover current operating expenses have never occurred, rather every loan is made for the purpose of developing the country's future, said Finance Minister II Datuk Seri Amir Hamzah Azizan.

Gold Price Rally Best Opportunity To Invest In Shariah-Compliant BIGA-i Account - BIMB

KUALA LUMPUR, Nov 4 (Bernama) -- The price of gold, which has risen by more than 40 per cent since early January 2024, presents the best opportunity to invest in the Bank Islam Gold Account (BIGA-i), a Bank Islam Malaysia Bhd’s (BIMB) Shariah-compliant digital gold product.

Government Generates RM7.88 Bln In Green Investments, Creates Over 2,000 Jobs In 2024

KUALA LUMPUR, Nov 4 (Bernama) -- A total of RM7.88 billion in green investments was generated in 2024 through various initiatives implemented by the Ministry of Natural Resources and Environmental Sustainability (NRES).

Blackstone Taps Laura Coady To Lead Global CLOs, Europe Credit Push

KUALA LUMPUR, Nov 4 (Bernama) -- Blackstone has appointed Laura Coady, a top figure in the securitised markets, as the Global Head of Collateralised Loan Obligations (CLOs) and European Head of Liquid Credit Strategies (LCS) at Blackstone Credit & Insurance (BXCI).

Cloudpoint Shares Rise In Early Trade Amid Positive Outlook

KUALA LUMPUR, Nov 4 (Bernama) -- Cloudpoint Technology Bhd’s shares rose in early trade today, amid the company’s positive outlook of riding Malaysia’s digital transformation.

RON95 Subsidy Takes Longer Time To Ensure Careful Execution, Avoid Affecting The People -- MOF

KUALA LUMPUR, Nov 3 (Bernama) -- The government is taking a longer time to implement the RON95 fuel subsidy rationalisation compared to other subsidies to ensure that the implementation is carried out carefully and does not negatively affect the people.

KPK Reviewing TSPKS 3.0 Mechanism To Boost Oil Palm Productivity - Johari

KUALA LUMPUR, Nov 3 (Bernama) -- The Ministry of Plantation and Commodities (KPK) is in the process of identifying a more comprehensive and effective implementation mechanism for the Smallholder Oil Palm Replanting Financing Incentive Scheme (TSPKS) 3.0, aimed at maximising its impact on independent smallholders.

Three Malaysian Firms Win Inaugural SME Venture@ASEAN 2025 Awards

KUALA LUMPUR, Nov 3 (Bernama) -- Three Malaysian small and medium enterprises (SMEs) were presented with the inaugural SME Venture@ASEAN 2025 Awards, recognising their exceptional achievements in business performance, innovation, and export competitiveness.

Guiyang’s Dual-Wheel Drive: Intelligent Manufacturing Powers A New Industrial Era

KUALA LUMPUR, Nov 3 (Bernama) -- Guiyang is fast-tracking its transformation into an intelligent manufacturing hub under its "Upgrading Industry for City Booming" strategy in the 14th Five-Year Plan.

AM Best Affirms Excellent Ratings For South Korea’s KB Insurance

KUALA LUMPUR, Nov 3 (Bernama) -- Global credit rating agency, AM Best has affirmed the financial strength rating of A (Excellent) and the long-term issuer credit rating of “a” (Excellent) of South Korea’s KB Insurance Co Ltd (KBI), with a stable outlook.