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VentureTech Invests In Edtech Firm Tymba To Scale Digital Learning Platform, Expand Across ASEAN

KUALA LUMPUR, Jan 28  (Bernama) -- Investment company VentureTech Sdn Bhd has invested in education technology (edtech) firm Tymba Education Group, which specialises in professional accountancy and finance qualifications.

APO Presents Mongolia National Productivity Master Plan To Boost Growth, Resilience

KUALA LUMPUR, Jan 28 (Bernama) -- The Asian Productivity Organization (APO) announced the Government of Mongolia recently received the National Productivity Master Plan for Mongolia 2026–2035 at the Deputy Prime Minister’s office, Government Palace, Ulaanbaatar.

Restructuring: Multi-Color Corporation To Reduce Debt, Strengthen Balance Sheet

KUALA LUMPUR, Jan 28 (Bernama) -- Multi-Color Corporation (MCC), a global leader in prime label solutions, has entered into a restructuring support agreement (RSA) with holders of approximately 70 per cent of its secured first-lien debt and its equity sponsor, Clayton, Dubilier & Rice (CD&R), as part of a comprehensive financial restructuring.

Zoho Corporation Opens Regional Office In Malaysia

KUALA LUMPUR, Jan 28 (Bernama) -- Global technology company Zoho Corporation has opened its office in Subang Jaya, Selangor, strengthening its commitment to regional customers and championing Malaysia's digital transformation ambitions.

Arc’teryx Names First Chief Brand Officer, Appoints EMEA General Manager

KUALA LUMPUR, Jan 28 (Bernama) -- Arc’teryx Equipment, the design company specialising in technical high-performance apparel and equipment, has appointed Avery Baker as its first Chief Brand Officer, a newly created executive role that marks a significant step in the company’s global evolution.

Kinergy Advancement Partners Thailand's B.Grimm Power To Develop New Gas Turbine Power Plant

KUALA LUMPUR, Jan 28 (Bernama) -- Kinergy Advancement Bhd has formalised a strategic partnership with Thailand’s B.Grimm Power Public Co Ltd, which will be investing RM41.52 million to acquire a 49 per cent stake in Kinergy’s investment vehicle, Jati Cakerawala Sdn Bhd, for a proposed full-new built gas turbine power plant.

Ringgit Firms To 3.9170 Vs US Dollar At Lunch Break

KUALA LUMPUR, Jan 28 (Bernama) -- The ringgit strengthened to 3.9170 against the US dollar at Wednesday’s lunch break, extending gains from earlier sessions on renewed market confidence.

SME Sector Seen As Key In Expanding Malaysia-India Economic Ties

KUALA LUMPUR, Jan 28 (Bernama) -- Small and medium enterprises (SMEs) should be a key focus in efforts to deepen Malaysia-India economic ties, as India offers vast market opportunities for Malaysian businesses seeking to expand overseas, said ASEAN-India Economic Council chairman Datuk Ramesh Kodammal.

Ringgit Firms To 3.9485 As Weak US Data Pressures Greenback

KUALA LUMPUR, Jan 28 (Bernama) -- The ringgit opened firmer against the US dollar on Wednesday, supported by weaker US economic data that continued to weigh on the greenback.

Ringgit Ends At Fresh Seven-year High Of 3.95 Vs US Dollar, New Support Seen At 3.8722

By Abdul Hamid A Rahman

KUALA LUMPUR, Jan 27 (Bernama) -- The ringgit ended at another fresh high in more than seven years against the US dollar today, reaching the 3.95 level, with an economist setting a new support level for the local currency at RM3.8722.

Batik Air Malaysia To Add 10 Aircraft This Year, Targets 85 Pct On-time Performance By Mid-year

KUALA LUMPUR, Jan 27 (Bernama) -- Batik Air Malaysia plans to add 10 more aircraft this year, increasing its fleet to 63 planes as the airline accelerates network expansion, improves operational resilience and strengthens connectivity from Subang Airport.

Malaysia Equities Hit Strongest Level Since 2018 On Firmer Ringgit, Solid Local Fundamentals

By Nurunnasihah Ahmad Rashid and Abdul Hamid A Rahman

KUALA LUMPUR, Jan 27 (Bernama) -- Malaysia’s equity market surged to its strongest level since 2018 on Tuesday, as renewed investor confidence, underpinned by a firmer ringgit and shifting global capital dynamics, prompted a reassessment of the country’s risk profile, say economists.