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Dassault Systemes, Nvidia In Pact To Build Industrial AI Platform Powering Virtual Twins

HOUSTON, Feb 3 (Bernama) -- French software giant Dassault Systemes and Nvidia have forged a long-term strategic partnership to build a shared industrial architecture for mission-critical artificial intelligence (AI), aimed at accelerating the use of science-based “virtual twins” across multiple industries.

Ringgit Opens Higher Against US Dollar Amid Mixed Fed Rate Views

KUALA LUMPUR, Feb 4 (Bernama) -- The ringgit opened higher against the US dollar on Wednesday amid mixed views among the United States Federal Reserve (Fed) officials on interest rates.

IILM Short-term Sukuk Portfolio Hits US$6.795 Bln

KUALA LUMPUR, Feb 3 (Bernama) --  The International Islamic Liquidity Management Corporation (IILM), the world’s leading issuer of shariah-compliant short-term liquidity instruments, said its outstanding sukuk portfolio reached a record US$6.795 billion (US$1 = RM3.93), up 64 per cent from US$4.14 billion a year ago.

MEF Welcomes Government’s Timely Push For Stronger Business Ecosystem

KUALA LUMPUR Feb 3 (Bernama) -- The Malaysian Employers Federation (MEF) said the government’s push for tougher rules, stronger enforcement and a more supportive business ecosystem is timely amid intensifying global competition on the domestic front.

Ringgit Ends Higher Vs US Dollar, Regional Currencies on Continued Optimism On Malaysia's Growth

By Fatin Umairah Abdul Hamid

KUALA LUMPUR, Feb 3 (Bernama) -- The ringgit closed higher against the US dollar, other major currencies and ASEAN peers on Tuesday on continued optimism over Malaysia’s economic growth prospects.

Pintaras Jaya's Unit Bags Works Subcontract Worth RM35.5 Mln

KUALA LUMPUR, Feb 3 (Bernama) -- Pintaras Jaya Bhd’s wholly owned subsidiary, Pintaras (East Malaysia) Sdn Bhd, has won a subcontract for a proposed bridge construction in Kuching, Sarawak, worth RM35.5 million.

Bursa Malaysia Extends Gains On Bargain Hunting

KUALA LUMPUR, Feb 3 (Bernama) -- Bursa Malaysia ended modestly higher today on bargain hunting, extending its recovery from last week’s pullback, although the upside momentum faded after an early peak, said an economist.  

Companies Urged To Manage Currency Risks Amid Ringgit Movement -- Johari

KUALA LUMPUR, Feb 3 (Bernama) -- Companies must actively manage currency risks through appropriate hedging and business strategies, said Investment, Trade and Industry Minister Datuk Seri Johari Abdul Ghani.

Bursa Malaysia Stays Up At Midday On Buying Of Blue Chips

KUALA LUMPUR, Feb 3 (Bernama) -- Bursa Malaysia pared gains but stayed up at midday on persistent buying activities in selected heavyweight counters, especially in financial services, telecommunications and media.

Bursa Malaysia Stays Higher At Mid-morning On Buying Activities

KUALA LUMPUR, Feb 3 (Bernama) -- Bursa Malaysia stayed higher at mid-morning, supported by buying in selected heavyweights, led by financial services as well as telecommunications and media counters.

Foreign Funds Log Fourth Straight Weeks Of Net Inflows

KUALA LUMPUR, Feb 3 (Bernama) -- Foreign investors remained net buyers for the fourth consecutive week, although net foreign inflows slid to RM12.8 million last week, down from RM510.9 million a week earlier.

AirBorneo Orders Eight ATR Aircraft, Delivery Set For 2027- 2029

KUALA LUMPUR, Feb 3 (Bernama) -- AirBorneo has entered into an agreement with aircraft manufacturer ATR to order eight aircraft, comprising five ATR 72-600s and three ATR 42-600s, with deliveries scheduled between 2027 and 2029.