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VS Industry Net Profit Declines To RM30.6 Mln In 1Q FY2025

KUALA LUMPUR, Dec 3 (Bernama) -- VS Industry Bhd, an integrated electronics manufacturing services provider, posted a lower net profit of RM30.6 million in the first quarter ended Oct 31, 2024 (1Q FY2025), as compared with RM48.98 million registered in the same period a year ago.

Banks In Malaysia Committed To Aid Flood-hit Customers -- ABM

KUALA LUMPUR, Dec 3 (Bernama) -- In light of the recent floods that have affected several states in Malaysia, member banks of the Association of Banks in Malaysia (ABM) are steadfast in their commitment to support and provide financial assistance to customers impacted by this natural disaster.

Koprojaya Focusing On Strategic Investments To Sustain Its Future

By Norsyafawati Ab Wahab

KUALA LUMPUR, Dec 3 (Bernama) -- Koperasi Profesional Putrajaya Bhd (Koprojaya), a cooperative for young civil servants, is focusing on strategic investments to sustain its future, as well as providing investment benefits and attractive business opportunities to its members.

SmartDV Licences Customised SDIO IP To RANiX For V2X Products 

KUALA LUMPUR, Dec 3 (Bernama) -- SmartDV Technologies, provider of flexible, highly configurable, customisable semiconductor design intellectual property (IP) and verification IP (VIP), announced the licensing of its SDIO IP family to RANiX for integration into their Vehicle-to-Everything (V2X) products.

Duck Creek, Suncorp Partner To Transform Insurance Operations With Cloud-native Solutions

KUALA LUMPUR, Dec 3 (Bernama) -- Duck Creek Technologies, the global intelligent solutions provider defining the future of property and casualty (P&C) and general insurance, has entered into a partnership with Suncorp, one of Australia’s and New Zealand’s largest general insurers.

AWS Announces Malay-language Gen-AI LLM, MaLLaM, On Its Cloud Services

LAS VEGAS, Dec 2 (Bernama) -- Amazon Web Services (AWS) today announced that Mesolitica, a Malaysian startup specialising in training large language models (LLMs), has built a Malay-language generative artificial intelligence (gen-AI) LLM called MaLLaM on its cloud services.

Northport Announces Leadership Appointments, Including Fakhrul Azhar as CEO

KUALA LUMPUR, Dec 2 (Bernama) -- Northport (Malaysia) Bhd has announced the appointment of three senior leaders, including Fakhrul Azhar Tajudin as its new chief executive officer (CEO), effective Dec 1, 2024.

Short-Term Interbank Rates End Steady On BNM Operations

KUALA LUMPUR, Dec 2 (Bernama) -- Short-term interbank rates closed steady today following Bank Negara Malaysia’s (BNM) operations to absorb surplus liquidity from the financial system.

PTSC Asia Pacific Executes Contract For FSO Vessel In Vietnam Worth Up To US$416 Mln

KUALA LUMPUR, Dec 2 (Bernama) -- PTSC Asia Pacific has executed a contract for the provision, charter, operation and maintenance of the floating storage and offloading (FSO) vessel for the Lac Da Vang project with Murphy Cuu Long Bac Oil Co Ltd. 

EMGA Secures US$30 Mln Debt Financing For Uzbekistan’s Ipak Yuli Bank

KUALA LUMPUR, Dec 2 (Bernama) -- Emerging Markets Global Advisory LLP (EMGA) has completed its first transaction for Ipak Yuli Bank in Uzbekistan, securing US$30 million from the OPEC Fund for International Development (OPEC Fund). (US$1=RM4.44)

Research Firms Upbeat About IHH

KUALA LUMPUR, Nov 29 (Bernama) -- RHB Investment Bank Bhd (RHBIB) remains upbeat about IHH Healthcare Bhd’s strategic plan for both organic and inorganic growth over the mid-to-long term. 

Fortude Expands Partnership With Infor To Boost Growth In ANZ As Channel Partner

KUALA LUMPUR, Nov 29 (Bernama) -- Fortude, a global digital solutions company has been appointed an Infor Channel Partner for Australia and New Zealand (ANZ), marking a significant expansion of its long-standing partnership with Infor.