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TikTok Shop Records 2.2 Times Sales Growth In 1H 2024

KUALA LUMPUR, Sept 27 (Bernama) -- TikTok Shop saw a 2.2 times growth in sales, a 1.8 times increase in sellers, and a 1.8 times rise in affiliate creators year-over-year in the first half (1H) of 2024.

Teledyne Unveils AI-Powered Smart Camera For Industrial Automation, Inspection

KUALA LUMPUR, Sept 27 (Bernama) -- Teledyne DALSA, a Teledyne Technologies company and global leader in machine vision technology, has announced its next generation artificial intelligence (AI)-powered BOA3 smart camera for industrial automation and inspection.

Lower August 2024's PPI To Keep OPR Unchanged In 2024 -- MIDF Research

KUALA LUMPUR, Sept 27 (Bernama) -- The overnight policy rate (OPR) is expected to remain unchanged at three per cent in 2024 with Malaysia’s producer price index (PPI) inflation moderating to 0.3 per cent year-on-year (y-o-y) in August 2024 from 1.3 per cent y-o-y the previous month. 

ADE Poised To Be Capital A’s First Business To Be Listed On Bursa - Fernandes

SEPANG, Sept 26 (Bernama) -- Asia Digital Engineering (ADE), the maintenance, repair and overhaul (MRO) subsidiary of Capital A Bhd,  is poised to be Capital A's first business unit to be listed on Bursa Malaysia, said Capital A chief executive officer Tan Sri Tony Fernandes. 

Johor Plantations Issues Its First Sukuk Wakalah Of RM1.35 Bln

KUALA LUMPUR, Sept 26 (Bernama) -- Johor Plantations Group Bhd has successfully issued its inaugural Sukuk Wakalah in aggregate of RM1.35 billion in nominal value from its Sukuk Wakalah Programme.

Budget 2025: CTIM Calls For Reevaluation Of Individual-based Income Tax Model

KUALA LUMPUR, Sept 26 (Bernama) -- The Chartered Tax Institute of Malaysia (CTIM) has proposed that the government redefine the current classifications of the B40, M40, and T20 income tax models to reflect the evolving economic landscape.

Revo Zero, Grupo Édora Partners To Fast-Track Green Hydrogen Revolution

KUALA LUMPUR, Sept 26 (Bernama) -- REVO ZERO Corporation, a zero-emissions technology company, and Grupo Édora, an European renewable energy developer, announced Grupo Édora's strategic investment in REVO ZERO to accelerate the deployment of a green hydrogen generation and refuelling network in the United States (US) and Europe.

SmartStream Introduces Version 9 Of Air Platform

KUALA LUMPUR, Sept 26 (Bernama) -- SmartStream, the financial Transaction Lifecycle Management (TLM) solutions provider, has launched version 9 of its Air offering with two powerful modules, namely Air Data and Air Cash, both with artificial intelligence (AI) and machine learning capabilities.

Government Urged To Expand Digital Grants For SMEs In Budget 2025

By Anas Abu Hassan

KUALA LUMPUR, Sept 26 (Bernama) -- The government has been urged to expand digital grant incentives for businesses, particularly small and medium-sized enterprises (SMEs), in the upcoming Budget 2025 to accelerate the adoption of emerging technologies, an analyst said.

MITI’s New Circular Economy Policy Framework Promotes Sustainable Manufacturing Growth - Tengku Zafrul

KUALA LUMPUR, Sept 26 (Bernama) -- The Ministry of Investment, Trade and Industry (MITI) has launched the Circular Economy Policy Framework with the aim of reformulating fossil-fuel-based industrial models and catalysing green growth practices across the manufacturing value chain.

Ringgit Retreats To 4.13 At Opening As Investors Take Profits

KUALA LUMPUR, Sept 26 (Bernama)  -- The ringgit retreated against the US dollar on Thursday, taking a breather from recent gains as investors cashed out profits following its considerable appreciation, an economist said.

Gradiant Launches Comprehensive Electrolyser-Ready Water Solution For Green Hydrogen Production

KUALA LUMPUR, Sept 25 (Bernama) -- Gradiant, a global solutions provider for advanced water and wastewater treatment, has launched ProtiumSource, the world's most advanced end-to-end solution for electrolyser-ready water.