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SC, Durham University Ink MoU To Advance Islamic Capital Market Education

KUALA LUMPUR, July 8 (Bernama) -- The Securities Commission Malaysia (SC) has signed a memorandum of understanding (MoU) with Durham University to strengthen cooperation in capacity building, knowledge sharing, and joint initiatives in Islamic finance and Islamic capital market (ICM).

Singapore Competition Watchdog Grants Conditional Nod To Malaysia Airlines-SIA Tie-up

SINGAPORE, July 7 (Bernama) -- The Competition and Consumer Commission of Singapore (CCCS) on Monday granted conditional approval for the proposed commercial cooperation between Singapore Airlines Ltd (SIA) and Malaysia Airlines Bhd.

Cockle Industry Can Generate RM34.4 Mln Annually In Sabah -- Hajiji

TUARAN, July 5 (Bernama) -- The cockle industry has the potential to generate RM34.4 million annually based on an estimated landing of 3,240 tonnes per year and a 7.6-fold return on investment in Sabah, said Chief Minister Datuk Seri Hajiji Noor.

SST Revision Does Not Justify Hotel Rate Hikes - MoF

By Naveen Prabu Kuppusamy

KUALA LUMPUR, July 4 (Bernama) – The Ministry of Finance (MoF) indicated that the Sales and Service Tax (SST) does not warrant the hotel room rate increases asserted by some hotel associations.

OCBC Malaysia Named Best SME Bank By Alpha Southeast Asia And Finance Asia

KUALA LUMPUR, July 4 (Bernama) -- OCBC Malaysia has been named as the best small and medium-sized enterprise (SME) bank by Alpha Southeast Asia and best commercial bank for SMEs by Finance Asia, the latter for a second consecutive year.

Gamuda Awards Hitachi Rail Contract For CBTC System, SCADA Solutions In Taiwan MRT Project

KUALA LUMPUR, July 3 (Bernama) -- Gamuda Bhd, the main contractor for the New Taipei City government’s Department of Rapid Transit Systems (NTCG DORTS), has awarded Hitachi Rail a contract to deliver its Communications-Based Train Control (CBTC) system.

Scoot To Fly Twice Weekly To Kota Bharu From Oct 26

SINGAPORE, July 3 (Bernama) -- Singapore Airlines’ low-cost carrier, Scoot, will operate twice-weekly flights to Kota Bharu, Kelantan, from Oct 26 using the Embraer E190-E2 aircraft, with one-way economy class fares starting from S$78 (S$1=RM3.3154).

Kioxia Adds Flexible Capacity-Performance Tuning To Open-Source Software

KUALA LUMPUR, July 3 (Bernama) -- Kioxia Corporation, a world leader in memory solutions, has announced an update to its KIOXIA All-in-Storage ANNS with Product Quantisation (AiSAQ) software.

Data Centre's Robust Expansion To Drive Electricity Demand – Kenanga IB

KUALA LUMPUR, July 3 (Bernama) -- The robust expansion of data centres (DCs) is expected to drive electricity demand, which in turn will increase the need for power generation and gas consumption, said Kenanga Investment Bank Bhd (Kenanga Research).

Bank Rakyat Taps Neurogine n2Tap To Boost MSME Digital Transformation

By Jailani Hasan

LABUAN, July 2 (Bernama) – Neurogine Sdn Bhd’s flagship product, Neurogine n2Tap, has been adopted by Bank Kerjasama Rakyat Malaysia Bhd (Bank Rakyat) as part of the bank’s i‑MerchantRAKYAT initiative.

BMI Maintains average Annual CPO Futures Price At RM4,150 Per Tonne This Year

KUALA LUMPUR, July 2 (Bernama) -- BMI, a Fitch Solutions unit, has maintained its view that the average annual price forecast for Bursa Malaysia-listed crude palm oil (CPO) futures contracts will trade at RM4,150 a tonne in 2025.

JS-SEZ Could Lift Johor's National GDP Share To More Than 12 Pct By 2030

KUALA LUMPUR, July 2 (Bernama) -- The Johor-Singapore Special Economic Zone (JS-SEZ) is expected to propel Johor's share of national gross domestic product (GDP) to exceed 12 per cent by 2023, should their investments materialise according to plan, said CIMB Investment Bank Bhd.