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SC: 21 Offers Of Takeovers And Mergers Worth RM18.22 Bln Cleared In 2024

KUALA LUMPUR, March 20 (Bernama) -- The Securities Commission Malaysia (SC) cleared 21 offer documents worth RM18.22 billion for takeovers and mergers in 2024 compared with 10 offers with total offer value of RM5.53 billion in 2023.

Bursa Malaysia Mixed At Mid-day

KUALA LUMPUR, March 20 (Bernama) -- Bursa Malaysia struggled to build on Wall Street’s overnight rally to end the morning session mixed. 

Maybank, TikTok Shop Ink MoU To Drive Digitalisation Of ASEAN SMEs

KUALA LUMPUR, March 20 (Bernama) -- Malayan Banking Bhd (Maybank) and TikTok Shop Malaysia have signed a Memorandum of Understanding (MoU) to launch the ASEAN SME Upskilling and Digitalisation Programme.

Boost Bank, CGC Digital Partner To Empower MSMEs With RM130 Mln Funding

KUALA LUMPUR, March 20 (Bernama) -- Boost Bank has partnered with CGC Digital, a financial technology (fintech) subsidiary of Credit Guarantee Corporation Malaysia Bhd (CGC), to provide RM130 million in financing solutions for eligible underserved micro, small and medium enterprises (MSMEs).

ITMAX Secures Strategic Foothold To Offer Smart City, AI Solutions In Penang – HLIB

KUALA LUMPUR, March 20 (Bernama) -- With a new contract in hand, ITMAX Bhd has secured a strategic foothold to offer its full range of smart city and artificial intelligence (AI) solutions in Penang, as the state embarks on its smart city transformation, Hong Leong Investment Bank (HLIB) said today.  

Affin Bank, MUFG Malaysia Ink MoU For Strategic Partnership

KUALA LUMPUR, March 19 (Bernama) -- Affin Bank Bhd has signed a memorandum of understanding (MoU) with MUFG Bank (Malaysia) Bhd to foster business cooperation and drive shared growth opportunities.

Bursa Malaysia Opens Higher, Tracking Wall Street Gains

KUALA LUMPUR, March 20 (Bernama) -- Bursa Malaysia opened higher, tracking Wall Street’s overnight gains after the US Federal Reserve (Fed) kept interest rates unchanged and reaffirmed its forecast for two rate cuts this year.  

Ringgit Opens Higher After FOMC's Dovish Tone

KUALA LUMPUR, March 20 (Bernama) -- The ringgit opened higher against the US dollar after the US Federal Open Market Committee (FOMC) struck a dovish tone on inflation.  

Perseverance, Innovation, And Support: Key Drivers Of Business Success For Bizsmart Challenge Winners

By Naveen Prabu

KUALA LUMPUR, March 19 (Bernama) -- The winners of the Alliance Bank Malaysia Bhd’s BizSmart Challenge Accelerator Edition have proven that perseverance, innovation, and the right support are crucial to overcoming business challenges and achieving sustainable success.

PEOPLElogy Signs Underwriting Agreement With Kenanga IB For IPO

KUALA LUMPUR, March 19 (Bernama) -- PEOPLElogy Bhd has signed an underwriting agreement with Kenanga Investment Bank Bhd for its initial public offering (IPO) in conjunction with its listing on the ACE Market of Bursa Malaysia.

Bursa Malaysia Ends Lower On Lack Of Buying Catalysts

By Nurunnasihah Ahmad Rashid

KUALA LUMPUR, March 19 (Bernama) -- Bursa Malaysia’s benchmark index ended the day broadly lower, driven primarily by selling in construction and banking sectors, while healthcare stocks saw some buying interest, an analyst said.

Kuaishou Kling AI Adopts Deepseek-R1 For Enhanced AI Content Creation

KUALA LUMPUR, March 19 (Bernama) -- Kuaishou Technology (Kuaishou), a content community and social platform, has announced the full integration of DeepSeek-R1 into its large video generation model, Kling AI.