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RHB IB Lifts 2024 TIV Forecast To 790,000 Units

KUALA LUMPUR, Sept 19 (Bernama) -- RHB Investment Bank Bhd (RHB IB) has raised its total industry volume (TIV) forecast for this year to 790,000 units, up from its previous estimate of 740,000 units.

Teledyne Launches 16k TDI Line Scan Camera With 1 Megahertz Line Rate

KUALA LUMPUR, Sept 19 (Bernama) -- Teledyne DALSA, a Teledyne Technologies company, has introduced the Linea HS2 TDI line scan camera family, representing a significant breakthrough in next generation time delay and integration (TDI) technology.

Ringgit Maintains Uptrend Against US Dollar In Anticipation Of Fed Rate Cut

By Rosemarie Khoo Mohd Sani

KUALA LUMPUR, Sept 18 (Bernama) -- The ringgit has been on a uptrend against the US dollar today, moving to its highest close since Feb 2, 2023 at the close of trading today.  

Ringgit Opens Easier Vs USD Ahead Of US Fed Meeting

By Nurunnasihah Ahmad Rashid

KUALA LUMPUR, Sept 18 (Bernama) -- The ringgit opened lower against the US dollar today, as market participants adopted a wait-and-see approach ahead of the United States (US) Federal Open Market Committee’s (FOMC) decision on interest rate cuts.

CPO Futures End Lower For Third Consecutive Trading Day

By Danni Haizal Danial Donald

KUALA LUMPUR, Sept 17 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives ended lower for the third consecutive trading day, mainly driven by India imposing higher import tax on edible oils, according to a trader.

Akur8 Raises US$120 Mln To Boost Next Generation Actuarial Platform Growth

KUALA LUMPUR, Sept 17 (Bernama) -- Akur8, the machine learning-powered insurance pricing and reserving platform, has secured US$120 million in series C funding, which will significantly bolster the company’s ability to expand its product portfolio and fuel its growth in key global markets.

Sarawak's Regional Development Authority Expects Betong Food Basket Project To End 2025

KUCHING, Sept 16 (Bernama) -- The Food Basket Development Project in Spaoh, Betong district, which is part of the Federal Government's food basket initiative is expected to be completed early next year.

China-Malaysia Bilateral Trade Surges To US$117.52 Bln In First 7 Months Of 2024

KUALA LUMPUR, Sept 13 (Bernama) -- Bilateral trade between China and Malaysia surged to US$117.52 billion (US$1 = RM4.30) in the first seven months of 2024, a 10.8 per cent increase compared with the same period last year, said Chinese Ambassador to Malaysia Ouyang Yujing.

MATRADE Bringing Gaming Industry Players To TGS 2024 To Boost Malaysia’s Global Presence

KUALA LUMPUR, Sept 13 (Bernama) -- The Malaysia External Trade Development Corporation (MATRADE) will bring 10 Malaysian gaming industry players to one of Asia’s largest games exhibitions, the Tokyo Game Show (TGS) 2024, to enhance Malaysia’s global gaming presence.