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Xsolla Acquires Wetaps, Launches Vietnam Gaming MoR Services

KUALA LUMPUR, March 5 (Bernama) -- Xsolla, a global video game commerce company, announced the acquisition of Ho Chi Minh City-based publisher Wetaps Corporation and the simultaneous launch of its Merchant of Record (MoR) services in Vietnam.

MOSTI Focuses On Integrated Circuit Design, High Value Technology To Improve Country's Economy

KUALA LUMPUR, March 4 (Bernama) -- The Ministry of Science, Technology and Innovation (MOSTI) through MIMOS Bhd is focusing on integrated circuit (IC) design, advanced packaging and high-value technology to increase the complexity of the country's economy.

Juwai IQI Expects BNM To Keep OPR At 2.75 Pct

KUALA LUMPUR, March 4 (Bernama) -- International real estate technology group, Juwai IQI expects Bank Negara Malaysia (BNM) to keep the Overnight Policy Rate (OPR) unchanged at 2.75 per cent, choosing stability as Malaysia’s economy continues its strong performance.

Seni Jaya Shareholders Approve Rm57.85 Mln Acquisitions Of Unilink Outdoor, Vision Ooh

KUALA LUMPUR, March 3 (Bernama) -- Out-of-home (OOH) media company Seni Jaya Corp Bhd’s shareholders have approved the company’s proposed acquisitions of Unilink Outdoor Sdn Bhd and Vision OOH Sdn Bhd for a total of RM57.85 million. 

PAC Calls On Felcra To Reassess 30,000-Hectare Land Bank Goal

KUALA LUMPUR, March 3 (Bernama) -- The Public Accounts Committee (PAC) has recommended that the Federal Land Consolidation and Rehabilitation Authority (FELCRA) revise its target for acquiring a land bank of 30,000 hectares to a more realistic level.

European Markets Fall As Middle East Tensions Escalate

BRUSSELS/FRANKFURT/PARIS, March 3 (Bernama-dpa-AFX) -- Most European markets closed sharply lower on Monday as stocks tumbled amid escalating tensions in the Middle East, following coordinated US and Israeli strikes on Iran and Tehran’s retaliatory attacks on US bases across the region, reported dpa-AFX.

Smarter Use Of Transaction Data Key To MSMEs’ Next Growth Phase - Paydibs

KUALA LUMPUR, March 2 (Bernama) -- The next phase of growth for micro, small, and medium enterprises (MSMEs) depends on how intelligently transaction data is harnessed, according to Paydibs, a digital payments company. 

Lynas' Operating License Renewal Granted By Atomic Energy Dept - Chang

KUALA LUMPUR, March 2 (Bernama) -- The government has approved the renewal of Lynas Malaysia’s operating licence for 10 years, effective tomorrow, following technical assessments, verification of legal compliance, consideration of national strategic interests, and commitments given by the company.

Ship, Cargo War Insurance Surge Amid Middle East Tensions

By Harizah Hanim Mohamed

KUALA LUMPUR, March 2 (Bernama) – The global maritime industry is closely monitoring rising tensions in the Middle East, with hull insurance and cargo war risk coverage skyrocketing in response to the current situation.

BHSI Appoints Marcus Portbury As Regional President For Asia Middle East

KUALA LUMPUR, March 2 (Bernama) -- Berkshire Hathaway Specialty Insurance (BHSI) has appointed Marcus Portbury as Regional President, Asia Middle East (AME), and, subject to regulatory approval, as Chief Executive of its Hong Kong Branch.

Gov’t Should Strengthen Housing Policy, Address Price And Income Imbalance -- Senator

KUALA LUMPUR, Feb 26 (Bernama) -- The government should strengthen national housing policy with more effective price controls and better-targeted tax incentives to tackle the imbalance between house prices and the public’s income growth, urged Senator Michael Mujah Lihan.

XTransfer Gets BNM's Conditional Nod For Key Payment Licences

KUALA LUMPUR, Feb 26 (Bernama) -- Business-to-business cross-border trade payment platform XTransfer has received conditional approval from Bank Negara Malaysia (BNM) for key payment licences,  including issuing electronic money and a money services business licence (Class A) covering remittance and currency exchange.