Khazanah, PNB Clarify Their Divestment From FashionValet

KUALA LUMPUR, Nov 1 (Bernama) -- Khazanah Nasional Bhd and Permodalan Nasional Bhd (PNB) have issued separate statements on their RM43.9 million losses after selling their stakes in e-commerce platform Fashion Valet Sdn Bhd for RM3.1 million.

Bumi Armada Unit Secures RM282.5 Mln Contract To Install Flare Gas Recovery System In North Sea

KUALA LUMPUR, Nov 1 (Bernama) -- Bumi Armada Bhd’s wholly owned subsidiary Bumi Armada UK Ltd has secured a £50 million (RM282.5 million) contract from EnQuest Heather Ltd.

NatureAlpha Unveils AI-driven Platform With Private Assets Functionality

KUALA LUMPUR, Nov 1 (Bernama) -- NatureAlpha has launched an artificial intelligence (AI)-powered solution for investors, allowing them to comprehensively assess the biodiversity and nature impacts of their investments across all their asset classes for the first time with the addition of new private assets functionality.

Naptha AI Raises US$6 Mln To Spearhead AGI Development

KUALA LUMPUR, Nov 1 (Bernama) -- Naptha AI, a cutting-edge platform that orchestrates multiple artificial intelligence (AI) agents to optimise performance and drive innovation, announced a US$6 million pre-seed raise, co-led by Arche Capital and Cyber Fund. (US$1=RM4.37)

Chinese Coastal City Yuyao Thrives In Businesses, Social Development

KUALA LUMPUR, Nov 1 (Bernama) -- An event focused on empowering business operations and development through Chinese traditional philosophy was held in Yuyao, located in the eastern province of Zhejiang, China, on Oct 30.

Swedish Firms Supporting Malaysia’s Green Transition With Sustainable Investments

By Kisho Kumari Sucedaram & Mikhail Raj Abdullah

KUALA LUMPUR, Oct 31 (Bernama) – Top Swedish firms that have been investing in Malaysia’s industrial development since the nation achieved its independence are lending their expertise in the country’s green economy transition by focusing on the sustainability agenda.

Johor Stands To Gain US$190 Mln Potential Investments From South Korean Firms

JOHOR BAHRU, Oct 30 (Bernama) -- The Johor government has held meetings with several renowned South Korean companies, which can potentially bring strategic investments valued at US$190 million (US$1=RM4.38) into the state.

Takaful Ikhlas Named Takaful Solution Brand Of The Year

KUALA LUMPUR, Oct 30 (Bernama) -- Takaful IKHLAS, a wholly-owned subsidiary of MNRB Holdings Bhd (MNRB) has been named the Takaful Solutions Brand of the Year at the BrandLaureate World Halal BestBrands Awards 2024.

watchTowr Redefines Approach On Attack Surface Management Via Orange Collaboration  

KUALA LUMPUR, Oct 30 (Bernama) -- Cybersecurity company, watchTowr has announced a partnership with Orange Business, a global network and digital integrator, to bring the watchTowr Platform onboard as a key external attack surface management (EASM) solution for strategic customers across the Asia Pacific (APAC) region.

Bursa Malaysia 3Q Net Profit Rises 42 Pct To RM85.7 Mln

KUALA LUMPUR, Oct 30 (Bernama) -- Bursa Malaysia Bhd's net profit for the third quarter (3Q) ended Sept 30, 2024, increased by 41.9 per cent to RM85.74 million from RM60.41 million in the same period last year.

World Halal Awards Put Malaysia On Firm Footing To Reap Global US$5 Trillion Market -- HDC

MELAKA, Oct 30 (Bernama) -- The Halal Development Corporation Bhd’s (HDC) World Halal Excellence Awards 2023 (WHEA 2023), now in its 15th year, complements Malaysia’s halal industry ecosystem, and puts it in a strong position to reap the global halal market opportunities, estimated to reach US$5 trillion by 2030. 

Budget 2025 To Drive Construction Sector Productivity -- MPC

KUALA LUMPUR, Oct 30 (Bernama) -- Budget 2025 has brightened the construction sector prospects with a focus on developing quality infrastructure, strengthening strategic investments, and ensuring that all sectors function in an inclusive and sustainable manner.