1y ago
SERDANG, Oct 3 (Bernama) -- The Ministry of Science, Technology and Innovation (MOSTI) is proposing an increase in allocation for research and development (R&D) under Budget 2025, said its minister Chang Lih Kang.
1y ago
SERDANG, Oct 3 (Bernama) -- Universiti Putra Malaysia (UPM) and semiconductor giant NXP Malaysia have entered a strategic partnership to boost the growth of Malaysia’s semiconductor and electronics industry.
1y ago
From Kisho Kumari Sucedaram
MANILA, Oct 2 (Bernama) — Cebu Pacific, the Philippines' low-cost carrier, has signed a landmark purchase agreement with Airbus and Pratt & Whitney for up to 152 A321neo aircraft, equipped with Pratt & Whitney GTF engines.
1y ago
KUALA LUMPUR, Oct 2 (Bernama) -- Menlo Security, the pioneer of Secure Enterprise Browsers announced the company has surpassed US$100 million in annual recurring revenue (ARR) and achieved 50 per cent growth in the last 24 months. (US$1=RM4.15)
1y ago
By Nurunnasihah Ahmad Rashid
KUALA LUMPUR, Oct 2 (Bernama) – Lower taxes and duties on construction machinery, along with improved access to financing and reasonable interest rates for industry players and builders, were among the proposals put forward by the Master Builders Association Malaysia (MBAM) for Budget 2025.
1y ago
KUALA LUMPUR, Oct 1 (Bernama) -- The International Islamic Liquidity Management Corporation (IILM) has completed the reissuance of an aggregate US$1.14 billion (US$1=RM4.1530) short-term sukuk across tenors of one, three, and 12 months, respectively.
1y ago
PUTRAJAYA, Oct 1 (Bernama) -- The government views third sector organisations in Islamic finance, including zakat (tithe), waqf, and infaq institutions, as having a significant role in ensuring sustainable and equitable economic development in the country, said Deputy Prime Minister Datuk Seri Fadillah Yusof.
1y ago
KUALA LUMPUR, Oct 1 (Bernama) -- Bank Negara Malaysia (BNM) had imposed an Administrative Monetary Penalty (AMP) of RM660,000 on Bank Pertanian Malaysia Berhad (Agrobank) for non-compliance with the Development Financial Institutions Act 2002 (DFIA).
1y ago
KUALA LUMPUR, Oct 1 (Bernama) -- Consumer counters are poised to benefit from lower costs of raw material imports and improved margins as the ringgit continues to strengthen, according to Bursa Malaysia Bhd.
1y ago
KUALA LUMPUR, Oct 1 (Bernama) -- United Microelectronics Corporation (UMC), a global semiconductor foundry, has signed a memorandum of understanding (MoU) with Ngee Ann Polytechnic (NP) to enhance training for engineering talents and expand the workforce for the growing semiconductor industry.
1y ago
KUALA LUMPUR, Oct 1 (Bernama) -- The Credit Counselling and Debt Management Agency (AKPK) reports that 53,000 individuals under 30 are burdened by nearly RM1.9 billion in cumulative debt.
1y ago
KUALA LUMPUR, Oct 1 (Bernama) -- Malakoff Corporation Bhd’s Prai Power Plant stands as a symbol of excellence and innovation in Malaysia’s energy sector.