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Digital China Summit Showcases AI, Data Innovation In Fuzhou

KUALA LUMPUR, May 4 (Bernama) -- The Ninth Digital China Summit was held in Fuzhou, Fujian Province, featuring more than 50 dialogue sessions and over 100 related activities focused on advancing digital technology development.

Malaysia Must Expand Green Finance, Tech Capacity - World Bank

KUALA LUMPUR, May 4 (Bernama) -- Malaysia must expand green finance, strengthen local tech capacity, as well as broaden participation across sectors and regions to fully leverage the global shift towards sustainability and turn climate risk into a competitive edge in green value chains. 

Bursa Malaysia Ends Morning Session Higher

KUALA LUMPUR, May 4 (Bernama) -- Bursa Malaysia stayed higher at midday on continued buying activities in selected financial services and plantation counters. 

AM Best Affirms Vietnam National Reinsurance Credit Ratings

KUALA LUMPUR, May 4 (Bernama) -- AM Best has affirmed the financial strength rating of B++ (Good), the long-term issuer credit rating of “bbb+” (Good), and the Vietnam National Scale Rating of aaa.VN (Exceptional) of Vietnam National Reinsurance Corporation (VINARE).

Investor Confidence In Johor Remains Firm Amid Global Supply Crisis - Onn Hafiz

ISKANDAR PUTERI, May 4 (Bernama) -- Investor confidence in Johor remains strong even though the country is currently facing considerable challenges with the global supply crisis, said Johor Menteri Besar Datuk Onn Hafiz Ghazi.

Industrial Products Sector Records RM128.3 Mln Net Foreign Inflows

KUALA LUMPUR, May 4 (Bernama) -- The industrial products and services recorded net foreign inflows of RM128.3 million, followed by technology (RM114.2 million), and plantation (RM53.3 million) last week, according to MBSB Investment Bank Bhd (MBSB IB).

Labuan Corporation To Focus On Business Ventures To Drive Sustainable Growth

LABUAN, May 4 (Bernama) -- Labuan Corporation (LC) is stepping up efforts to participate directly in business ventures through asset capitalisation, as part of a broader strategy to achieve long-term financial sustainability and reduce reliance on annual government grants.

KLCI Futures Open Higher

KUALA LUMPUR, May 4 (Bernama) -- FTSE Bursa Malaysia KLCI (FBM KLCI) futures opened higher on Bursa Malaysia Derivatives on Monday, tracking gains in the cash market.

Bursa Malaysia Opens Firmer On Foreign Inflows, IMF Optimism

KUALA LUMPUR, May 4 (Bernama) -- Bursa Malaysia opened higher on the first trading day of May, supported by continued net foreign inflows and bolstered by the International Monetary Fund’s (IMF) upbeat outlook on Malaysia’s economic prospects.

Ringgit Opens Higher Against US Dollar Ahead Of OPR Announcement

KUALA LUMPUR, May 4 (Bernama) -- The ringgit opened higher against the US dollar on the first trading day of May, with the upcoming Bank Negara Malaysia (BNM) Monetary Policy Committee (MPC) meeting later this week, developments in the United States–Iran conflict and the release of the US non-farm payroll (NFP) data expected to set the tone for the market.

ADB Launches US$70 Bln Push To Connect Asia’s Power Grids, Digital Networks

KUALA LUMPUR, May 3 (Bernama) -- The Asian Development Bank (ADB) will back US$70 billion in new energy and digital infrastructure initiatives by 2035, aiming to connect power grids, expand cross-border electricity trade and improve broadband access across Asia and the Pacific.

MARALINER Signs Six Strategic Partnerships To Accelerate Mobility Transformation

KUALA LUMPUR, May 3 (Bernama) -- MARA Liner Sdn Bhd has formalised six strategic partnerships, marking a significant milestone in its transformation journey towards a modern, resilient and technology-driven public transport ecosystem.