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IBM Malaysia Leverages Local Partners for Hybrid Cloud, AI Growth

In an era where the adoption of cutting-edge technologies such as hybrid cloud and AI is imperative for business resiliency, enterprises are urged to...

Govt Urges Airlines To Use Sustainable Aviation Fuel: MOT

The government is encouraging more local airlines to use sustainable aviation fuel (SAF) to reduce the rate of carbon emissions in the country. Transport Minister...

HEB Group Net Profit 1Q23 Jumps 65.7% To RM4.23 million On High-Impact Project Progress

Engineering and project management consultant HSS Engineers Berhad (HEB Group; Bloomberg- HSS:MK) reported stellar performance in the first quarter ended 31 March 2023 (1Q23)...

Green RE-Certified Hyatt Centric Kota Kinabalu Unveils Holistic Sustainability Plan, Prioritises Green Initiatives

Joining a global effort to promote sustainable tourism is  Hyatt Centric Kota Kinabalu, who is committed to advancing sustainability actions in line with Hyatt’s ...

Gov’t Assures Momentum To Build Economy Will Continue Under NEC Strategies

The Unity Government is confident that the momentum to strengthen the national economy, increase job opportunities and reduce the unemployment rate will continue through...

Defence Minister: Lima ‘23 May Generate RM18bil In Business Pledges

The Langkawi International Maritime and Aerospace Exhibition 2023 (Lima '23) which will take place tomorrow until May 27 is expected to be able to...

MIDA Selected As National Main Investment Promotion Agency

The National Investment Council (MPN) Meeting, chaired by Prime Minister Dato' Seri Anwar Ibrahim has recently agreed to empower the Malaysian Investment Development Authority...

Govt: Insolvency Act May Be Amended To Allow Bankrupts A Second Chance

The government has proposed to amend the Insolvency Act 1967 to include, among others, improvements to the automatic bankruptcy discharge mechanism, as it looks...

Petronas Gas Records Strong Q1 2023 PAT Of RM448 Million Despite Higher Cost Environment

PETRONAS Gas Berhad (PGB) recorded a Profit After Tax (PAT) of RM448 million in the first quarter of 2023, translating to a 2% increase...

Regulators Dust Off Rule Books To Deal With Generative AI Like Chatgpt

As the race to develop more powerful artificial intelligence services like ChatGPT accelerates, some regulators are relying on old laws to control a technology...

BNM’s International Reserves Rise To US$114.7 billion

The international reserves of Bank Negara Malaysia (BNM) has widened to US$114.7 billion (US$1=RM4.53) as at May 15, 2023, from US$114.4 billion as at...

‘Entity B’ Wholesale Price Cannot Exceed DNB’s

The new “Entity B” under Phase 2 of Malaysia’s 5G rollout, is to not have its wholesale price exceed those presented by Digital Nasional...

Microsoft: Cybercriminal Activity Spikes Around Business Email Compromise

Microsoft has released its fourth edition of Cyber Signals, highlighting a surge in cybercriminal activity around business email compromise (BEC), the common tactics employed...

How Wall Street Prepares For Possible U.S. Debt Default

As talks over raising the U.S. government's $31.4 trillion debt ceiling go down to the wire, Wall Street banks and asset managers have been...

U.S. Dollar Hobbled By Dovish Powell, Debt Ceiling Setback

The dollar extended its decline versus the yen and euro today, following a surprise breakdown in US debt ceiling negotiations and after Federal Reserve...

Geopolitical Tensions, Growth Slowdown Lowers Malaysia’s 2023 Export Forecasts, Says Economists

Economists have revised Malaysia’s full-year export forecasts after the steeper-than-expected export contraction in April.UOB Global Economics and Market Research said in a note on...

PM: Investment Growth In Q1 Due To Political Stability, Clear Economic Policies

Political stability as well as economic policies that are clear and encouraging to investors have led to stronger investments in various economic sectors in...

UMLand Appoints Andrew Tan As GM

United Malayan Land Bhd (UMLand) announced the appointment of Andrew Tan You Yuan as  General Manager  to support the activation of UMCity Medini Lakeside...

Anwar: T20 Segment Will Not Benefit From Electricity Subsidy, Haj Financial Aid Anymore

The high-income group (T20) in the country will not benefit from electricity subsidies and haj financial assistance, said Prime Minister Datuk Seri Anwar Ibrahim. He...

Bursa Stays Lower At Noon

Bursa Malaysia remained lower at midday on lack of buying catalysts in heavyweights, an analyst said. At 12.30pm, the FTSE Bursa Malaysia KLCI (FBM KLCI)...

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