1y ago
KUALA LUMPUR, Jan 31 (Bernama) -- Awanbiru Technology Bhd (Awantec)’s wholly owned subsidiary, Awantec Systems Sdn Bhd, has entered into eight separate sale and purchase agreements (SPAs) with Puncak Hartanah Intelek Sdn Bhd to dispose of an eight-storey office building for RM25 million.
1y ago
KUALA LUMPUR, Jan 31 (Bernama) -- Malaysia’s banking system maintained strong liquidity buffers in December 2024, with an aggregate Liquidity Coverage Ratio (LCR) of 160.7 per cent, up from 147.9 per cent in November, supporting ongoing financial intermediation, Bank Negara Malaysia (BNM) said.
1y ago
By Kisho Kumari Sucedaram
KUALA LUMPUR, Jan 30 (Bernama) -- The delay in resumption of the Kuala Lumpur International Airport (KLIA) Aerotrain service, originally scheduled for January 2025, has been nothing short of disappointment after over two years of anticipation.
1y ago
KUALA LUMPUR, Jan 28 (Bernama) -- Bank Negara Malaysia (BNM) has imposed administrative monetary penalties (AMP) totalling RM1.66 million on four financial institutions for non-compliance with the Financial Services Act 2013 (FSA) and/or Islamic Financial Services Act 2013 (IFSA).
1y ago
KUALA LUMPUR, Jan 27 (Bernama) -- Citadel Group has announced its expansion into Indonesia with the establishment of PT Citadel Group Indonesia in Jakarta.
1y ago
KUALA LUMPUR, Jan 27 (Bernama) -- AvePoint, a data security, governance, and resilience company, has submitted an application for a dual listing of its common stock on the Singapore Exchange Securities Trading Limited (SGX-ST), in addition to its current Nasdaq Global Select Market listing.
1y ago
By Abdul Hamid A Rahman
KUALA LUMPUR, Jan 27 (Bernama) -- Chinese New Year (CNY), traditionally a season of giving, can also turn into a season of taking, as cybercriminals, aided by artificial intelligence (AI), target unsuspecting consumers and vulnerable businesses through sophisticated schemes designed to exploit the surge in digital transactions.
1y ago
KUALA LUMPUR, Jan 27 (Bernama) -- The Securities Commission Malaysia (SC) today has launched SARANA, an alternative financing scheme offered by nine SC-registered peer-to-peer financing (P2P) platform operators under the government e-procurement system.
1y ago
KUALA LUMPUR, Jan 25 (Bernama) -- Malaysia is poised to seize significant opportunities from Donald Trump's return as President of the United States (US), especially in attracting foreign direct investment (FDI) and enhancing export potential.
1y ago
KUALA LUMPUR, Jan 25 (Bernama) -- Moody’s Ratings (Moody’s) has reaffirmed Malaysia’s sovereign credit rating at “A3” with a “stable” outlook while declaring that Malaysia’s medium-term growth prospects remain buoyant.
1y ago
KUALA LUMPUR, Jan 24 (Bernama) -- MY E.G. Services Bhd (MYEG) has announced a strategic collaboration with MyDigital ID Solutions Sdn Bhd (MYIDSSB) to establish a blockchain-powered national digital identity ecosystem, the MyDigital ID Superapp, aimed at combating online fraud.
1y ago
By Fatin Umairah Abdul Hamid
KUALA LUMPUR, Jan 24 (Bernama) -- The big data analytics (BDA) market is experiencing robust growth globally and in Malaysia, driven by the rising demand for data-driven solutions, said associate professor in Computer Science and head of the School of Mathematical and Computer Sciences at Heriot-Watt University Malaysia, Dr Ian Tan.