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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Capital A Proposes Capital Reduction Of Up To RM6 Bln

KUALA LUMPUR, Oct 23 (Bernama) -- Capital A Bhd has proposed to reduce its issued share capital by up to RM6 billion as part of a regularisation plan to exit its Practice Note 17 (PN17) status. 

Augment Threat Models With AI-assistant Jeff - IriusRisk

KUALA LUMPUR, Oct 22 (Bernama) -- IriusRisk, the industry-leading platform for automated threat modelling, has launched ‘Jeff: AI Assistant’, a new artificial intelligence (AI)-powered tool that can help developers and architects generate threat models from images.

CopilotIQ, Biofourmis Merger To Create Maiden AI-driven In-home Care Platform

KUALA LUMPUR, Oct 22 (Bernama) -- CopilotIQ, a health tech company, has announced a strategic merger with Biofourmis, a global technology-enabled care delivery company, to create the industry's first artificial intelligence (AI)-driven platform that delivers in-home care across the full spectrum from pre-surgical optimisation to acute, post-acute, and chronic care.

TNB’s Solid Financial Footing Critical For Its Service To The Rakyat

By M. Saraswathi

KUALA LUMPUR, Oct 22 (Bernama) -- For a utility company such as Tenaga Nasional Bhd (TNB), a solid financial position, underpinned by a healthy balance sheet, low debt, and strong cash flow, enables it to allocate capital towards infrastructure upgrades, research and development, and operational improvements that benefit end consumers.

Budget 2025 Puts Forth Clear Call To Action For Board Directors -- ICDM

KUALA LUMPUR, Oct 18 (Bernama) -- The MADANI government's Budget 2025 has put forth a clear call to action for board directors, namely to proactively step up, lead with purpose, exercise risk leadership, embrace diversity and innovation and prioritise people and talent to champion the national agenda.

RHB IB Keeps 'Neutral' Call On Transportation Sector

KUALA LUMPUR, Oct 18 (Bernama) -- RHB Investment Bank (RHB IB) maintained its “neutral” call on the transportation sector despite ocean freight capacity shortage anticipated to persist in the near term and air cargo is expecting a strong peak season driven by holiday demand.

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.

HDFC Bank Offers Singaporean Financial Products, Services Via New Branch 

KUALA LUMPUR, Oct 18 (Bernama) -- HDFC Bank, India’s private sector bank, has opened its first branch in Singapore to provide banking services and has been granted a wholesale banking licence by the Monetary Authority of Singapore (MAS) effective Oct 15.

LYB Becomes Full Owner Of APK AG To Advance Recycling Technology

KUALA LUMPUR, Oct 18 (Bernama) -- LyondellBasell (LYB), a sustainability leader in the chemical industry, announced the full acquisition of APK AG, a solvent-based recycling company, in Merseburg, Germany.

Strong China-Malaysia Ties Key Factor In Driving Investments: Analysts

KUALA LUMPUR, Oct 17 (Bernama-Xinhua) -- Longstanding and stable relations with China are a key consideration for investors seeking to expand into Southeast Asia, with the strength of China-Malaysia ties making Malaysia a top destination for Chinese enterprises, analysts said on Thursday.

BSN's MADANI Micro Financing: A Lifeline For SMEs In Challenging Times

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, Oct 17 (Bernama) -- The MADANI Micro Financing Scheme by Bank Simpanan Nasional (BSN), introduced under Budget 2024, serves as a vital ‘lifeline’ for small and medium enterprises (SMEs) looking to strengthen working capital amidst economic uncertainties and natural disasters.

Nikkiso CE&IG, SunLine Transit Agency Laud Hydrogen Fuelling Station In California

KUALA LUMPUR, Oct 17 (Bernama) -- Nikkiso Clean Energy & Industrial Gases Group (CE&IG) and SunLine Transit Agency recently celebrated the opening of a new liquid-hydrogen-based fuelling station in Thousand Palms, California, United States.