Mavenir Snags Most Innovative Cloud Product At Network X Awards

KUALA LUMPUR, Oct 14 (Bernama) -- Mavenir, a pioneer in cloud-native network infrastructure, has been recognised as a global leader in telecom innovation, winning the esteemed 2024 Network X Award for Most Innovative Cloud Product.

EBC Financial Group Improves Liquidity, Reduces Trading Costs On Major Stock Indices

KUALA LUMPUR, Oct 14 (Bernama) -- Amidst a global stock market resurgence, EBC Financial Group (EBC) has enhanced liquidity for five major stock indices, namely the United States (US) Dow Jones, Nasdaq, S&P 500, the A50 (China), and the Hang Seng Index (Hong Kong).

MDEC Highlights Need For Global Exposure To Boost Local Digital Tech Expansion, Talent Development

By Nurunnasihah Ahmad Rashid

DUBAI, Oct 13 (Bernama) — The Malaysia Digital Economy Corporation (MDEC) emphasises the importance of exposing local digital technology companies to international best practices to help them expand beyond the Malaysian market, attract foreign investment, and nurture talent.

Rubber Market Likely To Trade Sideways Next Week

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, Oct 12 (Bernama) -- The local rubber market is expected to trade sideways with a downward bias next week influenced by the escalating Red Sea crisis and the European Commission's (EC) proposal for a year-long delay to the EU Deforestation Regulation (EUDR), said industry expert Denis Low.

Duck Creek To Provide Comprehensive Risk Management, Mitigation Solutions Via RCT Acquisition

KUALA LUMPUR, Oct 11 (Bernama) -- Duck Creek Technologies, the intelligent solutions provider defining the future of property and casualty (P&C) insurance, has acquired Risk Control Technologies Inc (RCT), a Toronto-based provider of risk management and loss control solutions.

Wholesale And Retail Trade Sales Rise 4.7 Pct To RM149.2 Bln In August - DOSM

KUALA LUMPUR, Oct 11 (Bernama) -- Malaysia's wholesale and retail trade sector registered a 4.7 per cent year-on-year (y-o-y) growth with total sales of RM149.2 billion in August 2024, said the Department of Statistics Malaysia (DOSM).

Pharmaniaga Appoints EY As New External Auditor Effective Oct 9

KUALA LUMPUR, Oct 10 (Bernama) -- Pharmaniaga Bhd (Pharmaniaga) has appointed Ernst & Young (EY) as its new external auditor, effective Oct 9, 2024.

MIDF Expects Westports To Achieve 4.2 Pct Container Volume Growth For FY2024

KUALA LUMPUR, Oct 10 (Bernama) -- MIDF Research expects Westports Holdings Bhd’s container volume in the second half of 2024 (2H FY2024) to increase by 2.2 per cent year-on-year (y-o-y) to achieve a full-year growth target of 4.2 per cent.

Labuan’s Asia International Exchange Launches Revolutionary Digital Asset Platform

LABUAN, Oct 9 (Bernama) -- The Asia International Exchange (AIX) marked a significant milestone today with the soft launch of its digital asset platform, positioning Labuan as a key financial technology (fintech) hub in the region. 

Labuan IBFC Embraces Blockchain, AI To Boost Fintech Growth

LABUAN, Oct 9 (Bernama) -- The increasing interest in digital assets and alternative financial instruments is driving innovation and growth within Labuan's financial sector. 

Rubber Market Ends Higher

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, Oct 9 (Bernama) -- The Kuala Lumpur rubber market ended higher today, taking its cue from the recovery in benchmark crude oil prices and the uptick in the Shanghai rubber futures exchange, amid concerns over tight natural rubber supply due to adverse weather in producing countries, a dealer said. 

H2O.ai Partners AI Verify Foundation To Ensure Safe AI Deployment

KUALA LUMPUR, Oct 9 (Bernama) -- Open-source leader in generative artificial intelligence (AI) and machine learning (ML), H2O.ai has announced a collaboration with AI Verify to ensure the safe deployment of AI.