LATEST NEWS   Muslims in Malaysia will celebrate Aidilfitri on Saturday, March 21 - Keeper of the Rulers’ Seal | Ringgit eases to 3.9330/9415 versus US dollar at the close from 3.9145/9205 on Wednesday | PM Anwar describes peace efforts by Muslim and Hindu NGOs as a reflection of the people's maturity, rejects discord | Online fraud losses totalling RM11.12 million were recorded in Kota Kinabalu from January to March 15 - Police | Anutin Charnvirakul reelected as Thailand’s Prime Minister with strong mandate from Parliament | 

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Petronas Conducts Review On Productivity To Streamline Operations, Eliminate Inefficiency

KUALA LUMPUR, Dec 30 (Bernama) -- Petroliam Nasional Bhd (Petronas) is conducting a comprehensive review of its productivity to streamline its working methods, eliminate inefficiencies, and focus on undertakings that can deliver measurable value.

Gig Economy Expands In 2024 Amid Push For Worker Protections

KUALA LUMPUR, Dec 29 (Bernama) -- Malaysia's gig economy has continued its upward trajectory in 2024, with the number of own-account workers, including gig workers, surpassing three million as of September.

Fiuu Drives Innovation, Expands Reach Amid Digital Payments Surge

KUALA LUMPUR, Dec 26 (Bernama) -- The surge in digital payment adoption during the pandemic accelerated the demand for secure and scalable solutions, and Fiuu, an online payment solution provider, was well-positioned to address this need.

Online Scams Hurt Investor Confidence, Seen As “Lucrative” By Syndicates

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, Dec 23 (Bernama) -- The government must intensify efforts to curb online financial scams, which, if left unchecked, will affect trade, tourism, as well as investor confidence and derail Malaysia’s zeal to emerge as a foremost investment destination.

Mavenir, Spry Fox Networks Team Up To Revolutionise API Monetisation In Telecom Sector 

KUALA LUMPUR, Dec 20 (Bernama) -- Mavenir, the cloud-native network infrastructure provider, and Spry Fox Networks (SFN), a pioneer in application programming interface (API) monetisation and network exposure, have entered into a strategic partnership.

NIQ BASES Honours 2024 Breakthrough Innovation Winners In Singapore

KUALA LUMPUR, Dec 20 (Bernama) -- NielsenIQ (NIQ), the global consumer intelligence company, has unveiled its latest insights on the importance of innovation in driving business growth.

Banking Sector Thriving In 2024, Sees Major Acquisitions

By Karina Imran

KUALA LUMPUR, Dec 10 (Bernama) -- The Sarawak state government’s acquisition of a major stake in Affin Bank Bhd and Public Bank’s purchase of equity in LPI Capital Bhd, plus banks generally being highly profitable, were the major news items in Malaysia’s banking and financial landscape this year.

 

Kaspersky Warns Telegram Users About Fake Telegram Premium Offers

KUALA LUMPUR, Dec 6 (Bernama) -- Kaspersky has warned that fake Telegram Premium offers have been spreading globally, aiming to steal account credentials or compromise devices.

AWS: Malaysian Telecommunication Industry Urged To Embrace Gen-AI For Operational Optimisation

By Anas Abu Hassan

LAS VEGAS, Dec 5 (Bernama) -- The Malaysian telecommunications industry has been urged to accelerate the adoption of generative artificial intelligence (Gen-AI) over the next couple of years to enhance and optimise operations, according to Amazon Web Services Inc (AWS).

AWS re:Invent 2024: Grab Partners AWS To Drive Growth And Efficiency Across ASEAN

From Anas Abu Hassan

LAS VEGAS, Dec 4 (Bernama) -- Amazon Web Services Inc (AWS) announced on Wednesday that Southeast Asian super app Grab Holdings Inc has chosen AWS as its preferred cloud provider to enhance operational efficiency across eight ASEAN countries.

Malaysian Banks To Record Higher Profits In 2025 -- Economist

KUALA LUMPUR, Dec 3 (Bernama) -- Malaysia’s banking sector is projected to continue recording higher profits in 2025, supported by steady loan growth, a stable interest rate environment, and non-interest income, said an economist. 

RHB Bank Posts Higher Net Profit Of RM833.19 Mln In 3Q FY2024

KUALA LUMPUR, Nov 29 (Bernama) -- RHB Bank Bhd's net profit surged to RM833.19 million in the third quarter ended Sept 30, 2024 (3Q FY2024) from RM649.95 million in the same period last year, attributable to higher total income and lower expected credit losses (ECL).