Paramount Acquires Land For RM579 Mln Housing Project

KUALA LUMPUR, Dec 17 (Bernama) -- Paramount Corporation Bhd’s wholly-owned subsidiary Prima Kuasa Sdn Bhd has entered into a sale and purchase agreement with SJ Properties Sdn Bhd to acquire 19.62 hectares (48.49 acres) for a RM579 million housing project.

Gold Futures End Higher After Strong US Non-Farm Payrolls Data

KUALA LUMPUR, Dec 17 (Bernama) -- Gold futures on Bursa Malaysia Derivatives ended higher today on expectations of further interest-rate cuts by the Federal Reserve next year following strong US non-farm payrolls (NFP) data. 

Sabah Exploring Ocean Thermal Energy Conversion, Conducting Implementation Study -- Hajiji

KOTA KINABALU, Dec 17 (Bernama) -- The Sabah government, through the Sabah Energy Commission (ECoS), has begun exploring renewable energy in the form of Ocean Thermal Energy Conversion (OTEC) and is currently conducting an implementation study along the state’s east coast, according to Chief Minister Datuk Seri Hajiji Noor.

Ringgit Snaps Four-day Gains To End Marginally Lower Vs US Dollar

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, Dec 17 (Bernama) -- The ringgit snapped four consecutive days of gains to close slightly lower against the US dollar on Wednesday as some traders took profit.

Entopia Inks Franchising Deal With DEMED Turkiye, Eyes Expansion Into Eight Countries

GEORGE TOWN, Dec 17 (Bernama) — Penang’s home-grown nature learning destination Entopia today marked a major milestone with the signing of an exclusive franchising agreement with DEMED Group of Turkiye, paving the way for its expansion into eight countries and positioning it on the global stage.

Kioxia Integrates AiSAQ Vector Search Technology Into Milvus

KUALA LUMPUR, Dec 17 (Bernama) -- Kioxia Corporation announced that its KIOXIA AiSAQ, an Approximate Nearest Neighbor Search (ANNS) software technology, has been integrated into the open-source vector database Milvus beginning from version 2.6.4.

Akmal Nasrullah Pledges To Strengthen Malaysia’s Economic Position

KUALA LUMPUR, Dec 17 (Bernama) -- The Ministry of Economy will explore every possible effort and option to ensure that Malaysia’s economy remains in the best possible position, despite facing challenging circumstances.

Haier Malaysia Welcomes Seventh Global Fans Festival With Immersive Pop-up Experience

KUALA LUMPUR, Dec 17 (Bernama) -- Leading global provider of better life and digital transformation solution, Haier Group, today kicks off the Seventh Haier Global Fans Festival with a five-day pop-up experience at The Piazza, Level 3, Pavilion Bukit Jalil.

Slovenia Unveils Award-Winning AI Virtual Travel Advisor

KUALA LUMPUR, Dec 17 (Bernama) -- The Slovenian Tourist Board (STB) is reinforcing Slovenia’s positioning as a digitally advanced, visitor-centric destination with Alma, an artificial intelligence (AI)-powered virtual travel advisor that has quickly emerged as one of the country’s most innovative tourism tools.

OAG Appoints Former Skyscanner Executive As CEO

KUALA LUMPUR, Dec 17 (Bernama) -- OAG, a data platform for the global travel industry, has appointed former Skyscanner executive Filip Filipov as its new Chief Executive Officer (CEO).

FMM Looks Forward To Policy Continuity, Stability Following New Cabinet Line-Up

KUALA LUMPUR, Dec 17 (Bernama) -- The Federation of Malaysian Manufacturers (FMM) looks forward to policy continuity and stability that provide businesses and investors with the confidence to plan and invest over the long term following the new Cabinet line-up announced yesterday.

MATRADE Welcomes Johari Abdul Ghani As MITI Minister, Expects Continued Export Momentum

KUALA LUMPUR, Dec 17 (Bernama) -- The Malaysia External Trade Development Corporation (MATRADE) has expressed confidence that the new leadership at the Ministry of Investment, Trade and Industry (MITI) will continue to strengthen the national export agenda in line with Malaysia's economic development priorities.