Ringgit Hits Near Eight-year High Of 3.89 Vs US Dollar

By Siti Noor Afera Abu

KUALA LUMPUR, Feb 12 (Bernama) -- The ringgit climbed to a fresh high of 3.8995 against the US dollar on Thursday, hovering near its strongest level in almost eight years.

Rubber Market Closes Lower Amid Mixed Oil Prices, Stronger Ringgit

KUALA LUMPUR, Feb 12 (Bernama) -- The Kuala Lumpur rubber market closed lower on Thursday, amid mixed crude oil prices, reflecting a stronger ringgit and weaker performances in regional rubber futures markets, a trader said.

DayOne Opens Johor Training Centre, Expands KL Shared Services Hub

KUALA LUMPUR, Feb 12 (Bernama) -- DayOne Data Centers (DayOne) has announced the establishment of a regional operations and training centre in Johor, alongside the expansion of its Global Shared Services Center (GSSC) in Kuala Lumpur.

Dmitry Shubov: Southeast Asian Legal-Tech Startups Must Comply With US AI Laws

KUALA LUMPUR, Feb 12 (Bernama) -- Southeast Asian legal-tech firms seeking to enter the United States market must ensure compliance with the United States (US) federal and state artificial intelligence (AI) laws before approaching US investors or launching products for US customers, amid growing regulatory enforcement, according to Dmitry Shubov Consulting.

One Strategy Launches One Credit Platform For Risk Management, Credit Underwriting

KUALA LUMPUR, Feb 12 (Bernama) -- Fintech and data intelligence firm, One Strategy Group Sdn Bhd, has launched One Credit, an integrated platform for risk management, know-your-customer (KYC) and credit underwriting.

MIDA Expects More Quality-driven Investments Under New Incentive Framework -- Tengku Zafrul

KUALA LUMPUR, Feb 12 (Bernama) -- The Malaysian Investment Development Authority (MIDA) anticipates more quality-driven investments that will generate meaningful spillover benefits for the Malaysian economy under the New Incentive Framework (NIF).

Kee Ming Eyes Growth In RE, Data Centre Projects In Coming Years

KUALA LUMPUR, Feb 12 (Bernama) -- ACE Market-debutant Kee Ming Group Bhd aims to focus on several key sectors in the coming years, namely renewable energy (RE), interconnection facilities and high-voltage (HV), data centre development, and the design and build of industrial projects.

Intuit Unveils Mailchimp Ecommerce Innovations

KUALA LUMPUR, Feb 12 (Bernama) -- Intuit Inc, the global financial technology platform behind TurboTax, Credit Karma, QuickBooks and Mailchimp, has announced a set of Mailchimp product innovations designed to drive profitable growth for ecommerce businesses through advanced, data-driven marketing capabilities.

Bursa Malaysia Opens Lower, Tracks Wall Street Amid Thin Trading

KUALA LUMPUR, Feb 12 -- Bursa Malaysia opened lower on Thursday, tracking Wall Street’s performance, while lower trading volume suggested a lack of retail participation ahead of the Chinese New Year holidays next week.

Ringgit Opens Higher Against US Dollar On Steady Domestic Sentiment

KUALA LUMPUR, Feb 12 (Bernama) -- The ringgit opened higher against the US dollar, despite a firmer greenback, as continued confidence in Malaysia’s economic fundamentals supported the local currency.

Greg Norman Joins DayOne As Board Advisor

KUALA LUMPUR, Feb 11 (Bernama) -- DayOne Data Centers Limited (DayOne), a Singapore-headquartered global hyperscale data centre platform, has appointed Greg Norman as a Board Advisor to support its long-term strategy for global expansion and sustainable growth across Asia-Pacific and Europe.

Helus Pharma Names Michael Cola As CEO For Next Phase Of Growth

KUALA LUMPUR, Feb 11 (Bernama) -- Helus Pharma (Helus), a clinical-stage pharmaceutical company, has appointed Michael Cola as its Chief Executive Officer (CEO) effective immediately, as the company enters its next phase of scale and execution.