Labuan IBFC Embraces Blockchain, AI To Boost Fintech Growth

LABUAN, Oct 9 (Bernama) -- The increasing interest in digital assets and alternative financial instruments is driving innovation and growth within Labuan's financial sector. 

Bursa Malaysia Ends Flat Amid Mixed Regional Performance

By Kisho Kumari Sucedaram

KUALA LUMPUR, Oct 9 (Bernama) -- Bursa Malaysia closed flat on Wednesday as caution weighed on sentiment amid a mixed performance in regional bourses, an analyst said.

3REN Bhd Expands Operations, R&D And Market Presence With Upcoming IPO - MTDC

KUALA LUMPUR, Oct 9 (Bernama) -- 3REN Bhd’s initial public offering (IPO) will enable the group to expand its operations, enhance its research and development capabilities, and strengthen its presence in key markets, said Malaysian Technology Development Corporation (MTDC).

H2O.ai Partners AI Verify Foundation To Ensure Safe AI Deployment

KUALA LUMPUR, Oct 9 (Bernama) -- Open-source leader in generative artificial intelligence (AI) and machine learning (ML), H2O.ai has announced a collaboration with AI Verify to ensure the safe deployment of AI.

Rise Of Fintech, AI Requires Clear, Strong Governance Framework - ADFIM

KUALA LUMPUR, Oct 9 (Bernama) -- The rise of financial technology (fintech) and artificial intelligence (AI) in today’s rapidly changing world presents both opportunities and challenges such as the use of AI in credit scoring that has raised concerns about algorithm bias and the possibility of unfair lending practices.

Crest Group Seeks Govt Support For Semiconductor Talent In Budget 2025 

KUALA LUMPUR, Oct 9 (Bernama) -- Crest Group Bhd, a debutant on the ACE Market, is urging the government to prioritise talent development and attract foreign investments to bolster the growth of the semiconductor sector in the upcoming Budget 2025.

Ringgit Strengthens 14.4 Pct vs USD In 3Q 2024; One Of The Best Performing Currencies Globally

KUALA LUMPUR, Oct 9 (Bernama) -- The ringgit was one of the best-performing currencies globally in the third quarter of this year (3Q2024), strengthening 14.4 per cent against the US dollar and 11.4 per cent on a year-to-date basis, said Bank Negara Malaysia’s (BNM) Financial Markets Committee (FMC).

ASEAN MSMEs Should Benefit From Digital Economy Framework Agreement

From Sharifah Hunaini Syed Ismail

VIENTIANE, Oct 8 (Bernama) -- ASEAN micro, small and medium enterprises (MSMEs) should benefit from the US$2 trillion expected economic value generated from the Digital Economy Framework Agreement (DEFA) by 2030.

Ireka's Unit Secures RM1.07 Bln Sub-contract For Pan Borneo Highway Project

KUALA LUMPUR, Oct 8 (Bernama) -- Ireka Corporation Bhd’s wholly-owned subsidiary, Shoraka Construction Sdn Bhd (SCSB), has won a RM1.07 billion highway construction sub-contract.

BYD Appoints Sime Darby Auto Imports As Importer, BYD Malaysia As Denza Distributor

KUALA LUMPUR, Oct 8 (Bernama) -- BYD Auto Industry Co Ltd has appointed Sime Darby Auto Imports Sdn Bhd as the official importer, and BYD Malaysia Sdn Bhd as the official distributor for Denza, a premium sub-brand by BYD, in Malaysia. 

PIAM Appoints Chua Kim Soon As CEO Effective Oct 7

KUALA LUMPUR, Oct 8 (Bernama) -- The General Insurance Association of Malaysia (PIAM) has appointed Chua Kim Soon as its new chief executive officer, succeeding Julie Lean Gim Chong, effective Oct 7, 2024.

ice’s Network Slicing For Norwegian Armed Forces Powered By Mavenir 5G Core 

KUALA LUMPUR, Oct 8 (Bernama) -- Mavenir, the cloud-native network infrastructure provider building the future of networks, has delivered the full 5G core network for ice to enable a network slicing service.