Public Bank, LPI Capital Shares To Resume Trading On Friday

KUALA LUMPUR, Oct 10 (Bernama) -- Shares of Public Bank Bhd and LPI Capital Bhd will resume trading with effect from 9 am tomorrow, according to separate filings from the two companies to Bursa Malaysia.

Public Bank To Acquire 44.15 Pct Stake In LPI Capital For RM1.72 Bln Cash

KUALA LUMPUR, Oct 10 (Bernama) -- Public Bank Bhd has proposed to acquire a 44.15 per cent stake in LPI Capital Bhd, comprising 175.9 million shares, for RM1.72 billion in cash.

MIDA Achieves Nearly Half Of RM2.5 Bln Investment Goal At IGEM 2024 As Of 2nd Day

KUALA LUMPUR, Oct 10 (Bernama) -- The Malaysian Investment Development Authority (MIDA) today unveiled seven memoranda of understanding (MoUs) with potential investments of over RM1 billion in the green sector at the International Greentech & Eco Products Exhibition & Conference 2024 (IGEM) here.

RHB Positive On Guan Chong MoU With Ivory Coast's CCC, Maintains 'Buy' Call

KUALA LUMPUR, Oct 10 (Bernama) -- RHB Investment Bank Bhd (RHB IB) is positive on cocoa manufacturer Guan Chong Bhd's (Guan Chong) recent memorandum of understanding (MOU) with Ivory Coast's Conseil du Café-Cacao (CCC) to acquire a 25 per cent stake in CotéTranscao d’Ivoire (CI). 

Increase Investment In AI Technologies, Skills Development In Budget 2025 - Learning Edge

By Fatin Umairah Abdul Hamid

KUALA LUMPUR, Oct 10 (Bernama) -- The government should increase investment in artificial intelligence (AI)-driven technologies, skills development, and greater economic inclusivity in the upcoming Budget 2025, said Learning Edge, a talent development organisation.

IriusRisk, Adam Shostack Join Forces To Provide Threat Modelling Coaching Services

KUALA LUMPUR, Oct 9 (Bernama) -- IriusRisk, the industry's threat modelling and secure design solution in application security, has announced a partnership with Shostack + Associates to help customers build and sustain a security-first culture via effective threat modelling.

Rise Of Fintech, AI Requires Clear, Strong Governance Framework - ADFIM

KUALA LUMPUR, Oct 9 (Bernama) -- The rise of financial technology (fintech) and artificial intelligence (AI) in today’s rapidly changing world presents both opportunities and challenges such as the use of AI in credit scoring that has raised concerns about algorithm bias and the possibility of unfair lending practices.

Ringgit Strengthens 14.4 Pct vs USD In 3Q 2024; One Of The Best Performing Currencies Globally

KUALA LUMPUR, Oct 9 (Bernama) -- The ringgit was one of the best-performing currencies globally in the third quarter of this year (3Q2024), strengthening 14.4 per cent against the US dollar and 11.4 per cent on a year-to-date basis, said Bank Negara Malaysia’s (BNM) Financial Markets Committee (FMC).

Public Bank, LPI Capital Shares To Be Suspended On Wednesday Pending Major Announcement

KUALA LUMPUR, Oct 8 (Bernama) -- Shares of Public Bank Bhd and LPI Capital Bhd will be suspended from 9 am tomorrow, pending a major announcement, separate filings from the two companies to Bursa Malaysia said on Tuesday evening.

Amir Hamzah: Malaysia's 2024 GDP On Track To Surpass National Target

By Nurul Jannah Kamaruddin

KUALA LUMPUR, Oct 8 (Bernama) -- Malaysia is poised to exceed its national growth target in 2024 on the back of sound fiscal policies and an ongoing commitment to reforms under the MADANI economic framework, said Finance Minister II Datuk Seri Amir Hamzah Azizan.

PIAM Appoints Chua Kim Soon As CEO Effective Oct 7

KUALA LUMPUR, Oct 8 (Bernama) -- The General Insurance Association of Malaysia (PIAM) has appointed Chua Kim Soon as its new chief executive officer, succeeding Julie Lean Gim Chong, effective Oct 7, 2024.

Media Prima Clarifies: Syed Mokhtar-linked Aurora Still Holds 31.9 Pct Stake In The Company

KUALA LUMPUR, Oct 8 (Bernama) -- Media Prima Bhd has clarified that tycoon Tan Sri Syed Mokhtar Albukhary-linked Aurora Mulia Sdn Bhd still holds 31.90 per cent stake or 353.81 million shares in the company.