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Lagenda Expands Presence Into N. Sembilan, Acquires Land With RM550 Mln GDV

KUALA LUMPUR, March 20 (Bernama) -- Lagenda Properties Bhd (Lagenda) is expanding its development footprint nationwide with a strategic move into Negeri Sembilan, following the acquisition of land in Seremban which has an estimated gross development value (GDV) of RM550 million.

Committed Funds In PE And VC Industry Totalled Rm24.7 Bln At End-2024

KUALA LUMPUR, March 20 (Bernama) -- Total committed funds under management in the Malaysian private equity (PE) and venture capital (VC) industry amounted to RM24.7 billion as at the end of 2024.

Retirees Should Redirect Small Portion Of Savings Into Higher-Yielding Investments To Enhance Income Security -- SC

 KUALA LUMPUR, March 20 (Bernama) – Retirees should redirect a small portion of their savings into higher-yielding capital market instruments to enhance their income security in their old age rather than holding cash, the Securities Commission (SC) said.

Assets Under Management Rise To RM1.07 Trillion In 2024 -- SC

Assets under management (AUM) of the investment management industry continued its upward trajectory, reaching RM1.07 trillion as of Dec 31, 2024, up from RM975.48 billion in 2023. 

Microsoft's Upcoming Cloud Region In Malaysia, Ecosystem To Generate US$10.9 Bln economic impact

KUALA LUMPUR, March 20 (Bernama) -- Microsoft’s investments in Malaysia are expected to generate an economic impact of US$10.9 billion over the next four years, creating 37,575 jobs and accelerating the adoption of cloud and artificial intelligence (AI) technologies in the country.

Affin Bank, MUFG Malaysia Ink MoU For Strategic Partnership

KUALA LUMPUR, March 19 (Bernama) -- Affin Bank Bhd has signed a memorandum of understanding (MoU) with MUFG Bank (Malaysia) Bhd to foster business cooperation and drive shared growth opportunities.

Climate Finance Report Calls For Investment Migration To Fund Resilience

KUALA LUMPUR, March 19 (Bernama) -- Henley & Partners and the Climate Vulnerable Forum (CVF) released a groundbreaking climate finance report that highlights failures in funding urgent climate action and explores how investment migration can unlock vital resources for nations most affected by climate change.

H2O.ai, Vast Data To Unlock Domain-specific Insights With Agentic AI

KUALA LUMPUR, March 19 (Bernama) -- Leader in agentic artificial intelligence (AI), H2O.ai, and VAST Data, known for its AI-driven data platform, are joining forces to bring generative AI and predictive AI to enterprises managing vast datasets.

New South Wales Keen To Team Up With Sarawak On Sustainable Energy

KUCHING, March 19 (Bernama) -- New South Wales (NSW), one of Australia’s leading states in the energy sector, has expressed interest in strengthening its relationship with Sarawak in the areas of renewable energy and environmental sustainability.

MPRC Calls On OGSE Players To Consider Strategic Partnerships

By Siti Radziah Hamzah

KUALA LUMPUR, March 18 (Bernama) -- Malaysia's oil and gas services and equipment (OGSE) companies have been urged to consider strategic partnerships to be more competitive and get more energy transition opportunities beyond the industry.  

KLIA Ranks Among Top 10 Airports Globally With Near-perfect Score In 2024 ASQ Survey

KUALA LUMPUR, March 17 (Bernama) -- Kuala Lumpur International Airport (KLIA) has been ranked among the top 10 airports globally in the 2024 Airport Service Quality (ASQ) survey for airports handling over 40 million passengers annually. 

US Tariff War Continues To Impact Asian Equities With Net Outflows Of US$6.73 Bln - MIDF

KUALA LUMPUR, March 17 (Bernama) -- Foreign investors maintained a bearish stance on Asian equities, continuing to net sell for the third consecutive week, with a significant outflow totaling US$6.73 billion (US$1=RM4.43), except for the Philippines, while local investors helped Bursa Malaysia to cushion the impact of the broader market outflows.