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Digital Payment Provider Paydibs Eyes Southeast Asia, South Asia Expansion

By Fatin Umairah Abdul Hamid

 

KUALA LUMPUR, June 30 (Bernama) -- Homegrown Malaysian fintech company Paydibs Sdn Bhd is expanding into Southeast Asia and South Asia, with plans to enter Thailand, Indonesia and the Philippines by the end of this year, said its chief executive officer Tee Kean Kang.

CPO Futures To Trade With Bearish Bias Next Week On Weaker Crude Oil, Ample Stocks

By Muhammad Fawwaz Thaqif Nor Afandi

KUALA LUMPUR, June 27 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives are expected to trade with a bearish bias next week, pressured by weaker crude oil prices and ample palm oil stocks.

Kumiko Minowa Appointed CCH Tagetik Head Of APAC, Japan

KUALA LUMPUR, June 23 (Bernama) -- Wolters Kluwer, a global leader in information solutions, software and services for professionals, has announced the appointment of Kumiko Minowa as Head of Asia Pacific and Japan for CCH Tagetik.

Straive Acquires NextGen Invent To Strengthen AI Capabilities

KUALA LUMPUR, June 22 (Bernama) -- Straive, a global leader in data and artificial intelligence (AI) operationalisation, has acquired NextGen Invent, an AI engineering and enterprise services provider.

RM319.8 Mln Net Inflows From Technology, Industrial, Financial Sectors - MBSB IB

KUALA LUMPUR, June 22 (Bernama) -- Technology, industrial products and services, as well as financial services sectors, have attracted a combined net inflow of RM319.8 million last week, according to MBSB Investment Bank Bhd (MBSB IB).

Malaysia Could Contribute Up To 20 Pct Of Gentari’s RE Capacity In Five To 10 Years

By Muhammad Fawwaz Thaqif Nor Afandi

KUANTAN, June 19 (Bernama) -- Gentari Sdn Bhd expects Malaysia to contribute between 10 and 20 per cent of its renewable energy (RE) capacity over the next five to 10 years, underpinned by stronger domestic growth prospects and supportive government policies.

HICOOL Deepens Singapore Push In Southeast Asia

KUALA LUMPUR, June 19 (Bernama) -- China's HICOOL Global Startup Competition has expanded its presence in Singapore, positioning the city-state as a strategic gateway for Southeast Asian entrepreneurs seeking access to China's industrial ecosystem and market opportunities.

Moody’s Lifts Malaysia’s Outlook To A3 Stable On AI-Related Growth

KUALA LUMPUR, June 19 (Bernama) -- Moody’s Ratings has modestly raised its forecasts for Malaysia to A3 with a stable outlook, due to its exports of artificial intelligence (AI)-related goods.

CPO Prices Expected At RM4,400 To RM4,650 In July - MPOC

KUALA LUMPUR, June 19 (Bernama) -- Crude palm oil (CPO) prices are expected to trade between RM4,400 and RM4,650 per tonne in July, supported by the tightening supply outlook in Indonesia and rising El Nino risk, said the Malaysian Palm Oil Council (MPOC).

Malaysia To 'Seriously' Look Into Expanding Settling Foreign Trade Payments In Local Currencies -- Anwar

KUALA LUMPUR, June 18 (Bernama) -- Malaysia will “seriously” explore using local currencies with trading partners to mitigate volatile foreign exchange risks, Prime Minister Datuk Seri Anwar Ibrahim said.

MR D.I.Y. Thailand Earns Spot In Key Set Benchmark Indices

By Kenny Teng

BANGKOK, June 18 (Bernama) -- Thailand’s leading home improvement and lifestyle retailer, MR D.I.Y. Holding (Thailand) Public Company Limited (MRDIYT), has been selected for inclusion in three key indices of the Stock Exchange of Thailand (SET), underscoring growing investor confidence in the company’s business fundamentals and market position.

Indian Firms Invest Over US$3 Bln In Malaysia, Create 30,000 Jobs - CIIM

KUALA LUMPUR, June 17 (Bernama) -- Indian companies have invested more than US$3 billion (US$1 = RM4.06) in Malaysia and created over 30,000 direct jobs, reflecting the strong economic partnership between Malaysia and India, according to the Consortium of Indian Industries in Malaysia (CIIM).