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U Mobile Upgrades 2,976 Sites To 5G Coverage

KUALA LUMPUR, Nov 12 (Bernama) -- U Mobile Sdn Bhd has upgraded 2,976 sites to 5G coverage, providing 58.2 per cent 5G coverage in populated areas as of Oct 31 this year, said the Communications Ministry.

SC's New Fee Structure Expected To Take Effect On Jan 1, 2026 - MoF

KUALA LUMPUR, Nov 12 (Bernama) -- The Securities Commission Malaysia’s (SC) new fee structure is still under review by the Attorney General’s Chamber and is expected to take effect on Jan 1, 2026, according to the Ministry of Finance (MoF).

SC Seeks Feedback On Proposals Under The Market Segmentation Review

KUALA LUMPUR, Nov 12 (Bernama) -- The Securities Commission Malaysia (SC) has published a consultation paper, inviting feedback on various proposals to enhance value propositions of the public market.

Bursa Malaysia Launches Thoughtstream To Encourage Independent Market Research

KUALA LUMPUR, Nov 12 (Bernama) -- Bursa Malaysia Bhd has launched ThoughtStream, a new digital platform that empowers investors, researchers, students, and market enthusiasts to share their independent research and perspectives on listed companies and market trends.

9 Air To Launch Haikou-Penang Charter Flights On Nov 18

GEORGE TOWN, Nov 12 (Bernama) -- Chinese low-cost carrier 9 Air will launch a charter direct flight route between Haikou, Hainan and Penang beginning Nov 18, further strengthening air connectivity between the two destinations.

Sarawak Timber, Media Tycoon Tiong Hiew King Passes Away

KUALA LUMPUR, Nov 11 (Bernama) -- Sarawak timber and media tycoon Tan Sri Tiong Hiew King passed away today at the age of 90.

ISDA Confirms Enforceability Of Close-Out Netting In Saudi Arabia 

KUALA LUMPUR, Nov 11 (Bernama) -- The International Swaps and Derivatives Association (ISDA) has published legal opinions recognising the enforceability of close-out netting in Saudi Arabia, providing global financial institutions with greater legal certainty when transacting in the Kingdom’s derivatives market.

Cloudera Report Finds Hybrid AI Core Strategy For Financial Services Sector

KUALA LUMPUR, Nov 11 (Bernama) -- Cloudera, the company bringing artificial intelligence (AI) to data anywhere, has released a new global report in collaboration with Finextra Research revealing that hybrid AI deployment has become the dominant strategy in financial services.

AM Best To Participate At 6th ASEAN Insurance Summit In Cambodia

KUALA LUMPUR, Nov 11 (Bernama) -- Global credit rating agency, AM Best will take part in the sixth Association of Southeast Asian Nations (ASEAN) Insurance Summit, scheduled for Nov 25, at the Sokha Convention Center in Siem Reap, Cambodia.

Anwar To Promote Perodua EV At G20 Summit

RAWANG, Nov 11 (Bernama) -- Prime Minister Datuk Seri Anwar Ibrahim will promote Perusahaan Otomobil Kedua Sdn Bhd’s (Perodua) first electric vehicle (EV) while attending next week’s G20 Summit in South Africa.

MIDA: Central Region Industrial Cluster To Contribute RM24.5 Bln To Annual GDP

KUALA LUMPUR, Nov 11 (Bernama) -- The Central Region Industrial Cluster Development initiative is projected to contribute RM24.5 billion annually to the gross domestic product (GDP) of Selangor, Melaka, Negeri Sembilan, and the Federal Territories of Kuala Lumpur and Putrajaya, said the Malaysian Investment Development Authority (MIDA).

Meltwater Appoints Tres Thompson As CFO To Drive Global Growth

KUALA LUMPUR, Nov 11 (Bernama) -- Meltwater, a global provider of media, social and consumer intelligence, has appointed Tres Thompson as its new Chief Financial Officer (CFO).