LATEST NEWS   A total of 75,196 EPF members received RM11.4 mln in government incentives under the i-Suri scheme in 2024 – Amir Hamzah | The total EPF i-Saraan contributions received in 2024 amount to RM2.6 bln from 529,667 members, with a govt incentive allocation of RM114.8 mln – Amir Hamzah | Intel Corporation appoints Malaysian-born Lip-Bu Tan as chief executive officer effective March 18 | Additional audits, due diligence are prerequisites for finalising Sapura Energy's restructuring and RM1.1 bln injection - PM Anwar. | Previous major shareholders no longer manage Sapura Energy, with a new professional team leading its restructuring - Anwar | 

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AirAsia X Reports 34 Pct Growth In Passengers To 1.08 Million In 3q 2024

KUALA LUMPUR, Oct 24 (Bernama) -- AirAsia X Bhd carried 1.08 million passengers in the third quarter (3Q) of 2024, representing a 34 per cent year-on-year (y-o-y) increase, and delivered a strong passenger load factor of 84 per cent, up by four percentage points. 

Jumio’s Patent Count Exceeds 300, Reinforcing Position In Identity Solutions 

KUALA LUMPUR, Oct 23 (Bernama) -- Jumio, an automated, artificial intelligence (AI)-driven identity verification, risk signals and compliance solutions provider, announced it has more than 300 issued patents and patent applications.

Narrower Deficit, Lower Maturities In 2025, Gross Debt Issuance At Rm163.5 Bln - CIMB Securities

KUALA LUMPUR, Oct 19 (Bernama) -- The federal government’s narrower deficit of RM80 billion next year, which is RM4.3 billion below the revised estimate of RM84.3 billion this year, suggests milder net borrowing requirements next year, CIMB Securities Sdn Bhd said today.

Budget 2025 To Facilitate More Broad-based Wealth Creation In Capital Market 

KUALA LUMPUR, Oct 19 (Bernama) -- The measures in Budget 2025 are set to ensure that the capital market can facilitate greater and more broad-based wealth creation, said Securities Commission Malaysia.

NFOF Will Be Operational In November 2024 With Funding Of RM1 Bln - PM Anwar 

KUALA LUMPUR, 18 Okt (Bernama) -- The National Fund-of-Funds (NFOF) established under Khazanah Nasional Bhd will operate in November 2024 with a RM1 billion fund, said Prime Minister Datuk Seri Anwar Ibrahim.

Medidata Rave Lite To Support Early, Late-stage Clinical Trials

KUALA LUMPUR, Oct 18 (Bernama) -- Medidata, a clinical trial solutions provider to the life sciences industry, has announced Medidata Rave Lite, an extension of its gold-standard clinical research software, Medidata Rave EDC, designed explicitly for Phase I and Phase IV studies.

Global Commercialisation Strategies Set To Boost Malaysian Tech Startups, Scaleups -- MDEC

From Nurunnasihah Ahmad Rashid

DUBAI, Oct 16 (Bernama) -- Malaysia’s focus on global commercialisation strategies is set to drive significant economic impact for local tech startups and scaleups, particularly as the nation positions itself as the digital gateway to ASEAN.

MATRADE Yangon Launches Malaysian Bazaar To Seek Out New Indochina Market

PHNOM PENH, Oct 16 (Bernama) -- Thirty Malaysian companies participated in the Malaysia External Trade Development Corporation’s (MATRADE) multi-sector trade fair in Yangon, Myanmar, recording a potential sales of RM39.1 million.

Budget 2025: Be Supportive of OGSE Sector to Continue Growth Trajectory - MPRC

By Siti Radziah Hamzah

KUALA LUMPUR, Oct 16 (Bernama) -- Malaysia Petroleum Resources Corporation (MPRC) is optimistic the tabling of Budget 2025 will create a supportive environment for the oil and gas services and equipment (OGSE) sector to continue its growth trajectory following its recovery from recent challenging years.

FinbotsAI, Worldline To Provide Financial Institutions AI Credit Modelling Access

KUALA LUMPUR, Oct 15 (Bernama) -- FinbotsAI, an Accel portfolio fintech, has collaborated with Worldline, a global payments leader, to put artificial intelligence (AI) credit modelling in the hands of financial institutions.

BNM: Takaful Industry Urged to Adopt Ta'awun Concept for Enhanced Social Cohesion, Wealth Distribution

KUALA LUMPUR, Oct 15 (Bernama) -- Takaful industry players are urged to embrace the aspirations of the recently issued exposure draft on the broader application of Ta`awun in takaful to explore new models in promoting social cohesion and wealth distribution.

Budget 2025: SME Bank Calls For Supportive Measures To Boost SME Growth 

KUALA LUMPUR, Oct 15 (Bernama) -- With Budget 2025 set to be announced this Friday, SME Bank Bhd is calling for strategic measures to support the growth of small and medium enterprises (SMEs), focusing on sustainability, financial resilience, and digital transformation.