Islamic Finance set to revitalise the economy with three core principles - BNM

KUALA LUMPUR, Nov 5 (Bernama) -- Islamic finance holds substantial potential to revitalise the economy through three core principles—Maqasid Shariah, innovation, and global integration, said Bank Negara Malaysia (BNM).

Coordinated Efforts, Shared Learning Among OIC States Essential For Digital Transformation - Fahmi

ISTANBUL, Nov 4 (Bernama) — Malaysia believes that coordinated efforts and shared learning among the Organisation of Islamic Cooperation (OIC) member states are essential to drive the next wave of digital transformation, said Communications Minister Fahmi Fadzil.

ECERDC To Develop Database To Measure Socioeconomic Progress Of Target Groups - Economy Ministry

KUALA LUMPUR, Nov 4 (Bernama) -- The Ministry of Economy said the East Coast Economic Region Development Council (ECERDC) will implement all recommendations and suggestions in the National Audit Report 2/2024, including establishing a database to measure the socioeconomic progress of target groups.

IHH Completes Acquisition Of Island Hospital In Penang For Nearly RM4 Bln

KUALA LUMPUR, Nov 4 (Bernama) -- IHH Healthcare Bhd (IHH) has completed the acquisition of Island Hospital, a 600-bed facility in Penang, for an equity consideration of about RM3.9 billion.

U Mobile's Selection As Second 5G Provider Set To Boost Competition In Malaysia's Telecom Sector - Analyst

By Fatin Umairah Abdul Hamid

KUALA LUMPUR, Nov 4 (Bernama) -- U Mobile Sdn Bhd is envisioned to compete more robustly and narrow the gap with other major players in the country, creating a more equitable landscape in Malaysia's telecommunications sector.

Cascale To Amplify Voices Of Suppliers, Manufacturers

KUALA LUMPUR, Nov 4 (Bernama) -- Cascale, formerly the Sustainable Apparel Coalition, has introduced a new member engagement and governance model to ensure more inclusive decision-making, with a sharper focus on elevating supplier and manufacturer input.

Maxis To Engage With MCMC On 5G Decision, Will Explore Options

KUALA LUMPUR, Nov 3 (Bernama) – Maxis Bhd will engage with the Malaysian Communications and Multimedia Commission (MCMC) to understand the rationale for the recent decision on the 5G dual network.

CelcomDigi Committed To Nation’s Transformation Into 5G AI-Powered Digital Society

KUALA LUMPUR, Nov 3 (Bernama) -- CelcomDigi remains committed to the sustainability of the industry and driving the nation’s transformation into a 5G-artificial intelligence (AI) powered digital society.

U Mobile To Reduce Foreign Majority Shareholdings To 20 Pct

KUALA LUMPUR, Nov 2 (Bernama) -- U Mobile Sdn Bhd, which has been selected to implement the country’s second 5G network, will reduce its foreign majority shareholding to 20 per cent to ensure greater Malaysian control and invite participation from local investors.

U Mobile To Implement Malaysia's Second 5G Network - MCMC

PUTRAJAYA, Nov 1 (Bernama) --  The second 5G network in Malaysia will be implemented by U Mobile Sdn Bhd, Malaysian Communications and Multimedia Commission (MCMC) said in a statement today.

Naptha AI Raises US$6 Mln To Spearhead AGI Development

KUALA LUMPUR, Nov 1 (Bernama) -- Naptha AI, a cutting-edge platform that orchestrates multiple artificial intelligence (AI) agents to optimise performance and drive innovation, announced a US$6 million pre-seed raise, co-led by Arche Capital and Cyber Fund. (US$1=RM4.37)

Bursa Malaysia 3Q Net Profit Rises 42 Pct To RM85.7 Mln

KUALA LUMPUR, Oct 30 (Bernama) -- Bursa Malaysia Bhd's net profit for the third quarter (3Q) ended Sept 30, 2024, increased by 41.9 per cent to RM85.74 million from RM60.41 million in the same period last year.