9m ago
KUALA LUMPUR, March 26 (Bernama) -- SMART Modular Technologies Inc (SMART), a global leader in integrated memory solutions, solid-state drives, and hybrid storage products, has announced the sampling of its redefined Non-Volatile CXL Memory Module (NV-CMM) to Tier 1 OEMs based on the CXL 2.0 standard.
9m ago
KUALA LUMPUR, March 26 (Bernama) -- Malayan Banking Bhd (Maybank) will tap fully growth opportunities that arise as Malaysia assumes the ASEAN chairmanship this year, especially in areas of sustainability, transition finance, and micro, small, and medium-sized enterprises (MSMEs).
9m ago
KUALA LUMPUR, March 25 (Bernama) -- Malaysia should seize the opportunity to differentiate itself positively in political and policy stability among emerging markets (EMs) by accelerating foreign and domestic direct investment, leveraging a broadly favourable global backdrop.
9m ago
KUALA LUMPUR, March 24 (Bernama) -- Stress tests conducted by Bank Negara Malaysia (BNM) affirmed that banks’ capital buffers are sufficient to absorb a potential increase in credit losses from the business sector under adverse stress scenarios.
9m ago
KUALA LUMPUR, March 24 (Bernama) -- Banking system deposits grew at a slower pace of three per cent in the second half of 2024 (2H 2024), driven by the slower growth of deposits from resident businesses, partly due to higher costs and debt repayment.
10m ago
KUCHING, March 21 (Bernama) -- Bintulu Port Holdings Bhd (BPHB) paid RM3.6 million zakat for 2024 to Tabung Baitulmal Sarawak (TBS), which is its highest zakat contribution to date.
10m ago
KUALA LUMPUR, March 21 (Bernama) -- Hotayi Electronic (M) Sdn Bhd has broken ground on its RM500 million phase three smart factory expansion in Batu Kawan, Penang, a move set to generate 1,000 new high-skilled jobs.
10m ago
KUALA LUMPUR, March 21 (Bernama) -- AM Best has affirmed Hanoi Reinsurance Joint-Stock Corporation’s (Hanoi Re) financial strength rating (FSR) of B++ (Good), the long-term issuer credit rating (Long-Term ICR) of “bbb” (Good), and the Vietnam National Scale Rating (NSR) of aaa.VN (Exceptional).
10m ago
PUTRAJAYA, March 21 (Bernama) -- Boeing Global president Brendan Nelson has announced that the company will increase its Malaysian workforce by 20 per cent over the next two years, reinforcing its commitment to the country’s aerospace industry.
10m ago
KUALA LUMPUR, March 21 (Bernama) -- Nestlé Malaysia and its local partner Malconrep Depot (M) Sdn Bhd have jointly invested RM250 million to establish an integrated logistics hub in Port Klang, which is expected to be fully operational by the first quarter of 2026 (1Q 2026).
10m ago
KUALA LUMPUR, March 21 (Bernama) -- Global credit rating agency, AM Best has affirmed the financial strength rating of A- (Excellent), the long-term issuer credit rating of “a-” (Excellent) and the Vietnam National Scale Rating (NSR) of aaa.VN (Exceptional) of PVI Insurance Corporation (PVI Insurance), with a stable outlook.
10m ago
KUALA LUMPUR, March 21 (Bernama) -- Shares of IJM Corp Bhd rose 2.0 per cent in early Friday trading after the group dismissed online allegations regarding the construction company and its leadership.