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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.

Increasing WPL Threshold Will Be A Boon For Plantation Sector

KUALA LUMPUR, Oct 9 (Bernama) -- CIMB Securities Sdn Bhd believes that raising the windfall profit levy (WPL) threshold to around RM4,500 per tonne would benefit the plantation sector, ahead of Budget 2025 which will be presented on Oct 18.

PIAM Appoints Chua Kim Soon As CEO Effective Oct 7

KUALA LUMPUR, Oct 8 (Bernama) -- The General Insurance Association of Malaysia (PIAM) has appointed Chua Kim Soon as its new chief executive officer, succeeding Julie Lean Gim Chong, effective Oct 7, 2024.

Malaysia's Average Rent Climbs 3.9 Pct in 2Q 2024 - Juwai IQI

KUALA LUMPUR, Oct 8 (Bernama) -- The average rent in Malaysia rose 3.9 per cent to RM1,995 in the second quarter (2Q 2024) compared to 1Q 2024, and 2.9 per cent from 2Q 2023, according to IQI Malaysia Home Rental Index report for 2Q 2024, released by Juwai IQI.

Bursa Malaysia Remains Lower At Midday Amid Regional Downtrend

KUALA LUMPUR, Oct 8 (Bernama) -- Bursa Malaysia remained lower at midday, along with most regional markets, as rising oil prices caused by the Middle East conflict weighed on sentiment, said an analyst. 

PR1MA, CelcomDigi Team Up To Transform Homes With Smart City Solutions

KUALA LUMPUR, Oct 7 (Bernama) -- PR1MA Corporation Malaysia (PR1MA) has partnered with CelcomDigi Bhd to transform PR1MA homes and commercial developments with smart city solutions. 

Local Tech Industry Hails Anuar Fariz’s Appointment To Spearhead MDEC

KUALA LUMPUR, Oct 5 (Bernama) -- With the appointment of Anuar Fariz Fadzil as the new chief executive officer (CEO) of Malaysia Digital Economy Corporation (MDEC), the local tech and telco industries are abuzz with excitement about his new role.

IIB Partners KILSA Global To Boost South Korean Startups In Southeast Asia

KUALA LUMPUR, Oct 4 (Bernama) -- Iskandar Investment Bhd (IIB) has partnered with Singapore's KILSA Global to accelerate South Korean startups and small and medium-sized enterprises (SMEs) into Southeast Asia.

Duck Creek Payments Facilitator Provides Seamless End-to-end Insurance Payment Solution

KUALA LUMPUR, Oct 3 (Bernama) -- Duck Creek Technologies, the intelligent solutions provider defining the future of property and casualty (P&C) and general insurance, introduced its latest insurance-focused payments solution, the Duck Creek Payments Facilitator.

Mavenir’s 5G UPF Solution Bags Leading Lights Network Energy Efficiency Award 

KUALA LUMPUR, Oct 3 (Bernama) -- Mavenir, the cloud-native network infrastructure provider, has won the Leading Lights Network Energy Efficiency Award for its Energy-Efficient 5G User Plane Function (UPF) solution.

BHSI Unveils Global, UK Casualty Promotions

KUALA LUMPUR, Oct 2 (Bernama) -- Berkshire Hathaway Specialty Insurance (BHSI) has named Caroline Alder-Smurthwaite to its Global Underwriting Office for Casualty & Healthcare and promoted Charlotte Behar to succeed Alder-Smurthwaite as Head of Casualty, United Kingdom (UK).