Ringgit Hits Near Eight-year High Of 3.89 Vs US Dollar

By Siti Noor Afera Abu

KUALA LUMPUR, Feb 12 (Bernama) -- The ringgit climbed to a fresh high of 3.8995 against the US dollar on Thursday, hovering near its strongest level in almost eight years.

Bursa Key Index Falls 0.32 Pct As Profit-taking Weighs On Market

KUALA LUMPUR, Feb 12 (Bernama) -- Bursa Malaysia finished today’s trading in negative territory, with the key index losing 0.32 per cent, while the broader market saw losers outnumbering gainers amid profit-taking and weak sentiment ahead of the Chinese New Year break next week.

Rubber Market Closes Lower Amid Mixed Oil Prices, Stronger Ringgit

KUALA LUMPUR, Feb 12 (Bernama) -- The Kuala Lumpur rubber market closed lower on Thursday, amid mixed crude oil prices, reflecting a stronger ringgit and weaker performances in regional rubber futures markets, a trader said.

Veritage Flags Emotional Disconnect In Family Business Succession

KUALA LUMPUR, Feb 12 (Bernama) – Veritage International has released a new report highlighting hidden emotional risks in family business transitions worldwide. 

VCI Global Advances AI-Native Transition, VCCG Spin-Off

KUALA LUMPUR, Feb 12 (Bernama) -- VCI Global Limited (VCI Global), an emerging artificial intelligence (AI)-native operating platform, has provided a strategic update on its evolving business model and reaffirmed its commitment to maintaining compliance with Nasdaq listing requirements.

DayOne Opens Johor Training Centre, Expands KL Shared Services Hub

KUALA LUMPUR, Feb 12 (Bernama) -- DayOne Data Centers (DayOne) has announced the establishment of a regional operations and training centre in Johor, alongside the expansion of its Global Shared Services Center (GSSC) in Kuala Lumpur.

KWAP Launches Jana MyPesara To Help Retirees Manage Business More Systematically

KUALA LUMPUR, Feb 12 (Bernama) -- The Retirement Fund (Incorporated) (KWAP) today launched Jana MyPesara with an allocation of RM20 million as microfinancing to help retirees manage and run their businesses in a more structured manner.

Learning Tree, Abilways Partner To Train European Commission Workforce

KUALA LUMPUR, Feb 12 (Bernama) -- Learning Tree International, a global leader in workforce development and technology training solutions, has partnered with Abilways to deliver advanced training solutions for the European Commission (EC) and its affiliated entities, supporting workforce development across the EU public sector.

Mavenir, Terrestar Launch Canada’s First 3GPP-based Hybrid Satellite–Cellular IoT Platform

KUALA LUMPUR, Feb 12 (Bernama) -- Mavenir, together with Terrestar Solutions Inc, Canada’s only domestically headquartered and controlled mobile satellite service operator, announced the commercial launch of Terrestar’s Hybrid Satellite Internet of Things (IoT) connectivity service.

Dmitry Shubov: Southeast Asian Legal-Tech Startups Must Comply With US AI Laws

KUALA LUMPUR, Feb 12 (Bernama) -- Southeast Asian legal-tech firms seeking to enter the United States market must ensure compliance with the United States (US) federal and state artificial intelligence (AI) laws before approaching US investors or launching products for US customers, amid growing regulatory enforcement, according to Dmitry Shubov Consulting.

One Strategy Launches One Credit Platform For Risk Management, Credit Underwriting

KUALA LUMPUR, Feb 12 (Bernama) -- Fintech and data intelligence firm, One Strategy Group Sdn Bhd, has launched One Credit, an integrated platform for risk management, know-your-customer (KYC) and credit underwriting.

Polymer Link Targets Growth In Australia After Opening New Warehouse Facility

KUALA LUMPUR, Feb 12 (Bernama) -- Plastic powder manufacturer Polymer Link Holdings Bhd is targeting growth in Australia following the leasing of a new warehouse facility there.