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SmartDV Licences Customised SDIO IP To RANiX For V2X Products 

KUALA LUMPUR, Dec 3 (Bernama) -- SmartDV Technologies, provider of flexible, highly configurable, customisable semiconductor design intellectual property (IP) and verification IP (VIP), announced the licensing of its SDIO IP family to RANiX for integration into their Vehicle-to-Everything (V2X) products.

Govt Approves RM489.5 Bln In Investments From 2023 To June 2024 - MITI

KUALA LUMPUR, Dec 3 (Bernama) -- The government has approved a total of RM489.5 billion in investments in the manufacturing, services, and primary sectors from 2023 to June 2024, according to Deputy Minister of Investment, Trade and Industry Liew Chin Tong.

Duck Creek, Suncorp Partner To Transform Insurance Operations With Cloud-native Solutions

KUALA LUMPUR, Dec 3 (Bernama) -- Duck Creek Technologies, the global intelligent solutions provider defining the future of property and casualty (P&C) and general insurance, has entered into a partnership with Suncorp, one of Australia’s and New Zealand’s largest general insurers.

AWS Announces Malay-language Gen-AI LLM, MaLLaM, On Its Cloud Services

LAS VEGAS, Dec 2 (Bernama) -- Amazon Web Services (AWS) today announced that Mesolitica, a Malaysian startup specialising in training large language models (LLMs), has built a Malay-language generative artificial intelligence (gen-AI) LLM called MaLLaM on its cloud services.

Takaful Ikhlas General Wins Team Of The Year Award

KUALA LUMPUR, Dec 2 (Bernama) -- Takaful Ikhlas General Bhd, a wholly owned subsidiary of MNRB Holdings Bhd (MNRB), has been named Team of the Year (General Insurance and Takaful) at the Malaysia Management Excellence Awards 2024.

Northport Announces Leadership Appointments, Including Fakhrul Azhar as CEO

KUALA LUMPUR, Dec 2 (Bernama) -- Northport (Malaysia) Bhd has announced the appointment of three senior leaders, including Fakhrul Azhar Tajudin as its new chief executive officer (CEO), effective Dec 1, 2024.

I-Nation Global Summit 2024 To Propel ASEAN's Technological Growth 

KUALA LUMPUR, Dec 2 (Bernama) -- The I-Nation Global Summit 2024 serves as a significant platform to bring together diverse sectors and stakeholders in driving collaboration and cross-border partnerships that will accelerate the technological progress in ASEAN.

Ringgit Closes Lower Against US Dollar

By Zarul Effendi Razali

KUALA LUMPUR, Dec 2 (Bernama) -- The ringgit closed marginally lower against the greenback in the first trading day of December as investors shifted interest towards safe haven currencies, including the US dollar, an analyst said.

Malaysia Ready To Assist Timor-Leste In Developing Halal Industry For Global Growth

PUTRAJAYA, Dec 2 (Bernama) -- Malaysia has expressed its readiness to assist Timor-Leste in developing its halal industry, helping the country tap into the global halal market, valued at over US$3 trillion (US$1=RM4.4400).

EMGA Secures US$30 Mln Debt Financing For Uzbekistan’s Ipak Yuli Bank

KUALA LUMPUR, Dec 2 (Bernama) -- Emerging Markets Global Advisory LLP (EMGA) has completed its first transaction for Ipak Yuli Bank in Uzbekistan, securing US$30 million from the OPEC Fund for International Development (OPEC Fund). (US$1=RM4.44)

Sime Darby Property To Build Additional Data Centres, With 20-year Lease Value Up To RM5.6 Bln

KUALA LUMPUR, Dec 2 (Bernama) -- Sime Darby Property Bhd will be developing additional data centres at Elmina Business Park following the signing of a new build-and-lease agreement with Pearl Computing Malaysia Sdn Bhd, with a 20-year lease value of up to RM5.6 billion. 

Global Shipping Costs To Remain High Amid Tariff Threats, Red Sea Challenges

By Harizah Hanim Mohamed

KUALA LUMPUR, Dec 1 (Bernama) -- Global shipping costs are expected to remain high next year, with freight rates likely to continue rising due to ongoing challenges in the shipping industry, including US President-elect Donald Trump’s tariff threats and the situation in the Red Sea.