LATEST NEWS   The Advanced Air Mobility and drone sectors are expected to grow rapidly, with investments worth billions of dollars - Loke | LAE opens up opportunities to attract high-value investments and enhance the country’s competitiveness - Loke | Guidelines on Low Altitude Economy (LAE) are expected to be announced by the end of this year to strengthen the regulation and operation of the LAE ecosystem - Loke | Non-resident outflows in FX market reflects portfolio adjustments following ringgit's strong performance earlier in the year -- BNM | Lim Guan Eng, wife, and businesswoman Phang Li Koon fail in their bid to strike out corruption, money laundering charges linked to RM11.6 mln foreign workers' hostel project | 

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Gamuda Proposes Bonus Issue After Record-breaking RM15 Bln Revenue In FY2024

KUALA LUMPUR, Sept 26 (Bernama) -- Gamuda Bhd has proposed a bonus issue to reward its shareholders following its strong performance in the financial year ended July 31, 2024 (FY2024), with annual revenue rising 63 per cent year-on-year to RM15 billion.

Ringgit Softer VS US Dollar On Profit-taking After Recent Sharp Gains

By Siti Noor Afera Abu

KUALA LUMPUR, Sept 26 (Bernama) -- The ringgit eased against the US dollar at the close on Thursday due to profit-taking following its sharp gains earlier in the week, and on caution ahead of US  personal consumption expenditures data tomorrow, according to an analyst.

Johor Plantations Issues Its First Sukuk Wakalah Of RM1.35 Bln

KUALA LUMPUR, Sept 26 (Bernama) -- Johor Plantations Group Bhd has successfully issued its inaugural Sukuk Wakalah in aggregate of RM1.35 billion in nominal value from its Sukuk Wakalah Programme.

FGV To Combat Climate Change With Innovation, Ensure Palm Oil Yields Unaffected, Says Chairman

SIK, Sept 26 (Bernama) -- FGV Holdings Bhd plans to implement innovative farm management techniques to address the challenges of climate change, which are causing a decrease in palm oil yields.

Malaysian Consumers More Receptive To Exaggerate On Loan Applications, Study Finds

KUALA LUMPUR, Sept 26 (Bernama) -- Global analytics software leader FICO in its latest global consumer fraud research, revealed the alarming attitudes toward first-party financial fraud both in the Malaysian market and globally.

Budget 2025: CTIM Calls For Reevaluation Of Individual-based Income Tax Model

KUALA LUMPUR, Sept 26 (Bernama) -- The Chartered Tax Institute of Malaysia (CTIM) has proposed that the government redefine the current classifications of the B40, M40, and T20 income tax models to reflect the evolving economic landscape.

Medidata Payment Solution Enhances Patient Experience

KUALA LUMPUR, Sept 26 (Bernama) -- Medidata, a Dassault Systèmes brand and provider of clinical trial solutions to the life sciences industry, has launched Medidata Patient Payments, a new solution that streamlines trial-related stipends and reimbursements for patients participating in clinical research.

Entermind On A Quest To Provide Generation Alpha With Gen AI Space

KUALA LUMPUR, Sept 26 (Bernama) -- Entermind, a Singapore-based generative artificial intelligence (Gen AI) start-up, has secured US$20,000 in seed funding commitment. (US$1=RM4.13)

Toshiba's Third-Generation 1200V Products To Reduce Power Loss In Industrial Equipment

KUALA LUMPUR, Sept 26 (Bernama) -- Toshiba Electronic Devices & Storage Corporation (Toshiba) has added the “TRSxxx120Hx Series” of 1200 volt (V) products to its lineup of third-generation silicon carbide (SiC) Schottky barrier diodes (SBD) for industrial equipment, such as photovoltaic inverters, electric vehicle (EV) charging stations and switching power supplies.

Northeast Aims To Raise RM84.5 Mln From ACE Market IPO

GEORGE TOWN, Sept 26 (Bernama) — Northeast Group Bhd aims to raise about RM84.5 million from its initial public offering (IPO) ahead of its ACE Market listing on October 15.

Revo Zero, Grupo Édora Partners To Fast-Track Green Hydrogen Revolution

KUALA LUMPUR, Sept 26 (Bernama) -- REVO ZERO Corporation, a zero-emissions technology company, and Grupo Édora, an European renewable energy developer, announced Grupo Édora's strategic investment in REVO ZERO to accelerate the deployment of a green hydrogen generation and refuelling network in the United States (US) and Europe.

Xsolla Showcases Innovative Solutions Empowering Game Developers To Expand Globally

KUALA LUMPUR, Sept 26 (Bernama) -- Xsolla, a global video game commerce company, is showcasing its cutting-edge solutions during the Tokyo Game Show 2024, at the Makuhari Messe Convention Center in Tokyo, Japan.