AI Evolution To Play Bigger Role For Enterprises, Digital Banking - Industry Player

From Nor Baizura Basri

SAN FRANCISCO, June 6 (Bernama) -- Artificial intelligence (AI) evolution which is currently happening rapidly in the past three years, can shape direction and play a bigger role in enterprises’ operation and this include digital banking space in the coming years, says an industry player.

Arctic Wolf Launches In Singapore To Strengthen Regional Cybersecurity Capabilities

KUALA LUMPUR, June 5 (Bernama) -- Arctic Wolf, a global leader in security operations, has officially launched its operations in Singapore, marking a significant step in the company’s Asia-Pacific expansion strategy.

Bursa Malaysia Erases Early Gains To End Lower

By Rosemarie Khoo Mohd Sani

KUALA LUMPUR, June 3 (Bernama) -- Bursa Malaysia erased early gains to close lower for the sixth consecutive day today, weighed down by selling pressure in regional emerging markets due to concerns over the ongoing US tariff conflict, said an analyst.

Bursa Malaysia Opens Higher, Tracking Wall Street Gains

By Rosemarie Khoo Mohd Sani

KUALA LUMPUR, June 3 (Bernama) -- Bursa Malaysia opened higher on Tuesday, taking its cue from Wall Street’s overnight rally despite rising trade tensions between China and the United States (US).

BNM Imposes Penalties On Four Financial Institutions For Regulatory Breaches

KUALA LUMPUR, May 28 (Bernama) -- Bank Negara Malaysia (BNM) has imposed an administrative monetary penalty on four banks, namely Bank Pembangunan Malaysia Bhd (BPMB), HSBC Bank Malaysia Bhd, HSBC Amanah Malaysia Bhd and Maybank Islamic Bhd for various breaches of financial regulations.

Bursa Malaysia Publicly Reprimands Jerasia, Fines 3 Directors Total Of RM50,000

KUALA LUMPUR, May 26 (Bernama) -- Bursa Malaysia Securities Bhd has publicly reprimanded Jerasia Capital Bhd (in liquidation) and imposed fines totalling RM50,000 on three of its directors for failing to make an immediate announcement of the winding-up order.

Ringgit Set To Stay Firm With Upside Bias Against USD Next Week

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, May 24 (Bernama) -- The ringgit is expected to stay firm with an upside bias against the greenback next week, ahead of the release of US central bank meeting minutes and the US personal consumption expenditures inflation report.

KL Convention Centre Set To Showcase 20-year Summit Expertise For 46th ASEAN Summit

KUALA LUMPUR, May 22 (Bernama) -- The selection of the Kuala Lumpur Convention Centre as the official venue for the 46th ASEAN Summit on May 26-27 reaffirms the venue’s 20-year legacy as Malaysia’s trusted stage for large-scale multilateral engagements. 

MACC Raids PeterLabs Offices Amid Misconduct Probe Involving Executive Director

KUALA LUMPUR, May 19 (Bernama) -- The Malaysian Anti-Corruption Commission (MACC) today raided the offices of PeterLabs Holdings Bhd and its subsidiary, Thye On Tong Trading Sdn Bhd (TOT), over allegations of misconduct involving an executive director.

Vista Debuts Evergreen Fund For Non-US Investors

KUALA LUMPUR, May 9 (Bernama) -- Vista Equity Partners (Vista) has launched VistaOne (Lux) (VistaOne), an open-ended investment vehicle that provides eligible non-United States (US) individual investors access to Vista’s private equity platform in a single, scaled solution.

Fong Chee Khuen Dismissed As CEO Of HHRG

KUALA LUMPUR, May 8 (Bernama) -- HHRG Bhd has dismissed Fong Chee Khuen from his position as chief executive officer (CEO) with immediate effect, following serious allegations of misconduct and abuse of authority.

Malaysia Opposes Breach Of International Trading System To Circumvent Tariffs -- Tengku Zafrul

KUALA LUMPUR, May 5 (Bernama) -- Malaysia strongly opposes any breach of the international trading system, including the issuance of fake or misleading certificates of origin, in an effort to circumvent tariffs.