Observo AI, SiS Technologies Ink Deal To Meet Singapore's Data Pipeline Demands

KUALA LUMPUR, March 12 (Bernama) -- Observo AI, a leader in artificial intelligence (AI)-powered telemetry data pipelines, has entered a strategic distribution partnership with SiS Technologies, a premier value-added distributor in Singapore.

Scientex Posts Lower Net Profit Of RM123.95 Mln In 2Q

KUALA LUMPUR, March 12 (Bernama) -- Scientex Bhd’s net profit fell 12.1 per cent to RM123.95 million in the second quarter ended Jan 31, 2025 (2Q FY2025) compared with RM141.01 million a year earlier. 

Malaysia Continues To Monitor Global Trade Situation, Implications On Economy - Liew

KUALA LUMPUR, March 12 (Bernama) -- The government continues to monitor the global trade situation in the face of aggressive trade policy changes by the United States (US) and assess its implications on the development of the country's economy, said Deputy Investment, Trade and Industry Minister Liew Chin Tong.

Awantec Empowers Professionals With Ai-driven Skills Through Gemini AI Training Programme

KUALA LUMPUR, March 12 (Bernama) -- AwanBiru Technology Bhd (Awantec), through its subsidiary Awantec Systems Sdn Bhd, has launched the Gemini AI Training Programme to equip professionals and businesses with artificial intelligence (AI)-driven productivity skills to enhance workplace efficiency.

More Than 26,000 Companies Use E-Invoice System, 207.4 Million E-Invoices Issued So Far -- Lim

KUALA LUMPUR, March 12 (Bernama) --  A total of 26,665 companies have used the e-invoice system since it was implemented in August 2024, with 207.4 million e-invoices issued as of March 10, said Deputy Finance Minister Lim Hui Ying.

Gradiant Secures Semiconductor Water Treatment Project In Germany 

KUALA LUMPUR, March 12 (Bernama) -- Gradiant, an advanced water and wastewater treatment leader, has secured a major contract to design and build an ultrapure water (UPW) facility for one of the world’s largest semiconductor manufacturers in Dresden, Germany.

Wholesale, Retail Trade Up 4.6 Pct Y-o-y To RM148.9 Bln In January 2025 - DOSM

KUALA LUMPUR, March 12 (Bernama) -- Malaysia's wholesale and retail trade sector began the year with total sales of RM148.9 billion in January, a 4.6 per cent growth year-on-year (y-o-y), according to the Department of Statistics Malaysia (DOSM).

Salesforce Invests US$1 Bln In Singapore To Drive AI, Digital Transformation

KUALA LUMPUR, March 12 (Bernama) -- Salesforce, a global leader in artificial intelligence (AI)-powered customer relationship management (CRM), has announced a US$1 billion investment in Singapore over the next five years with the goal of accelerating digital transformation and Agentforce adoption. (US$1=RM4.40)

SME Bank Projects Malaysia’s Growth At 4.5-5.0 Pct For 2025

KUALA LUMPUR, March 12 (Bernama) -- Malaysia’s growth is projected to range between 4.5 per cent and 5.0 per cent, reflecting positive sentiment in the overall economy, according to the Small Medium Enterprise Development Bank Malaysia Bhd (SME Bank).

Malaysia's IPI Up 2.1 Pct In January 2025 - DOSM

KUALA LUMPUR, March 12 (Bernama) -- Malaysia’s Industrial Production Index (IPI) increased by 2.1 per cent year-on-year in January 2025, led by growth in manufacturing sector output, according to the Department of Statistics Malaysia (DOSM).

Malaysia's Manufacturing Sector Sales Up 3.5 Pct To RM158.1 Bln In January 2025 - DOSM

KUALA LUMPUR, March 12 (Bernama) -- Malaysia’s manufacturing sector sales value increased by 3.5 per cent in January 2025 (December 2024: 5.7 per cent) amounting to RM158.1 billion, according to the Department of Statistics Malaysia (DOSM).

Bursa Malaysia Remains Lower At Midday Amid US Recession Concerns

By Siti Noor Afera Abu

KUALA LUMPUR, March 12 (Bernama) -- Bursa Malaysia stayed lower at midday on selling pressure in selected financial services and plantation stocks, as United States (US) equities continued to face volatility due to fresh recessionary concerns.