Snowflake Sees Malaysia As Top Destination, Important ASEAN Economy For Expansion

From Nor Baizura Basri

SAN FRANCISCO, June 2 (Bernama) -- Snowflake, a global cloud computing company, views Malaysia as one of its top priority markets and among the most important economies in ASEAN for expanding operations, especially amid rising interest from the world’s top companies looking to invest in open data and data centres in the country.

New Tech Spend Fuels KPMC's Shift Towards Digital Hospital

By Mohd Noor Azeery Idris

KUALA LUMPUR, June 1 (Bernama) -- Kajang Plaza Medical Centre (KPMC), a local private healthcare provider, is actively investing in the latest medical technology (tech) as part of its digital transformation strategy to become a more patient-friendly hospital. 

Strengthen Corporate Remittance Procedures In Line With AMLATFPUAA - Expert

By Sevagamy Nythiananthan

KUALA LUMPUR, 31 May (Bernama) -- Malaysian financial institutions should strengthen their due diligence procedures for corporate remittances in line with existing regulations under the Anti-Money Laundering, Anti-Terrorism Financing and Proceeds of Unlawful Activities Act (AMLATFPUAA) 2001.

Malaysia Airlines Intensifies China Engagement To Boost Passenger And Cargo Growth

BEIJING, May 30 (Bernama) -- Malaysia Airlines is intensifying efforts to deepen bilateral cooperation, boost passenger volumes, and enhance cargo exchanges between China and Malaysia, reaffirming its commitment to being the preferred carrier connecting China with Malaysia and the broader global market.

Master Tec Initiates Listing Transfer To Main Market Of Bursa Malaysia

KUALA LUMPUR, May 30 (Bernama) -- Master Tec Group Bhd has proposed to transfer its listing to the Main Market of Bursa Malaysia in less than two years after the company's debut on the ACE Market in January 2024. 

CIMB Records RM1.97 Bln Net Profit In 1Q FY2025

KUALA LUMPUR, May 30 (Bernama) -- CIMB Group Holdings Bhd’s net profit rose 9.6 per cent to RM1.97 billion in the first quarter of financial year ending Dec 31, 2025 (1Q FY2025) from RM1.94 billion in the same period a year ago.

Malaysia Faces Sharp Rise In AI-Driven Cyber Threats, Fortinet Warns

KUALA LUMPUR, May 29 (Bernama) --  Malaysia is facing a sharp rise in artificial intelligence (AI)-driven cyber threats, with nearly 50 per cent of organisations reporting incidents involving AI-powered attacks, according to a survey commissioned by global cybersecurity firm Fortinet.

From Passionate Hobby To Career: Logeswaran To Continue Growing Ornamental Fish Business

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, May 29 (Bernama) -- A passion for keeping ornamental fish, which began at the age of 10, served as the starting point for the success of Logeswaran Arumugam, 38, who now runs a modern and exclusive aquarium under his company, SLF Pearl Capital Sdn Bhd.

CIMB Bank Partners With UnionPay To Enhance Payment Services In Malaysia

KUALA LUMPUR, May 28 (Bernama) -- CIMB Bank Bhd has signed a memorandum of understanding (MoU) with UnionPay International (UPI) to enhance payment services in Malaysia.

Microsoft Launches Malaysia West Cloud Region, Its First In The Country

KUALA LUMPUR, May 28 (Bernama) -- Microsoft has announced the general availability of its Malaysia West Cloud Region, launched as part of its US$2.2 billion investment in the country.

Takaful Malaysia Posts RM94.54 Mln Profit In 1Q, Revenue Up RM1.12 Bln

KUALA LUMPUR, May 27 (Bernama) -- Syarikat Takaful Malaysia Keluarga Bhd’s net profit for the first quarter ended March 31, 2025 (1Q FY2025) declined to RM94.54 million from RM102.3 million recorded in the same period last year.

Maybank Net Profit At RM2.59 Bln, Driven By Corporate Banking

KUALA LUMPUR, May 26 (Bernama) -- Malayan Banking Bhd (Maybank) net profit has risen to RM2.59 billion in the first quarter ended on March 31, 2025 (1Q FY2025) from RM2.49 billion a year ago, driven by the group’s corporate banking and global markets segment.