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AeroFlexx, Aveda Partner On Curbside-Recyclable Refill Packaging

KUALA LUMPUR, Feb 27 (Bernama) -- AeroFlexx, an integrated, end-to-end liquid packaging company, has announced a collaboration with beauty brand Aveda to introduce a new refill packaging innovation aimed at advancing more sustainable and consumer-centric beauty packaging.

Malaysia Must Not Fixate On Exchange Rates But Rather On Ringgit’s Long-term Strength -- Economist

KUALA LUMPUR, Feb 27 (Bernama) -- Malaysia must not be fixated on the ringgit’s specific exchange rate level but rather on the currency’s long-term strength, as it reflects the overall health of the nation’s economy.

MAHB Imposes RM9.1 Mln Penalty On IJMC-Pestech JV Over KLIA Aerotrain -- MOT

KUALA LUMPUR, Feb 26 (Bernama) -- Malaysia Airports Holdings Bhd (MAHB) has imposed a ‘Liquidated and Ascertained Damages’ (LAD) penalty of RM9.1 million on the contractors, ALSTOM IJM Construction Sdn Bhd and Pestech Technology Sdn Bhd (IJMC-Pestech Joint Venture).

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.

Trade Competitiveness Stable Despite Stronger Ringgit – Amir Hamzah

KUALA LUMPUR, Feb 25 (Bernama) -- The overall impact of ringgit movements on Malaysia’s trade competitiveness is expected to remain manageable, Finance Minister II Datuk Seri Amir Hamzah Azizan said.

Mavenir Powers TextNow With Cloud-Native BSS And Core Integration

KUALA LUMPUR, Feb 25 (Bernama) -- Mavenir, the disruptive cloud-native telco technology provider, has integrated its cloud-native mobile BSS and Core platform into TextNow’s mobile virtual network operator (MVNO) infrastructure to accelerate service innovation and support millions of users.

Aeris, Verizon Business Link Global IoT Operations

KUALA LUMPUR, Feb 25 (Bernama) -- Aeris, a global leader in wireless management platforms, security services and connected vehicle programmes, has formed an inbound Internet of Things (IoT) connectivity management partnership with Verizon Business to help multinational enterprises manage and scale international IoT deployments.

Kioxia Ships UFS 5.0 Samples For Next-Generation Mobile Devices

KUALA LUMPUR, Feb 24 (Bernama) -- Kioxia Corporation, a world leader in memory solutions, announced it has begun shipping evaluation samples of embedded flash memory compliant with the next-generation UFS 5.0 standard, which is currently being standardised by JEDEC.

Various Measures To Improve Revenue Are Being Implemented -- MOF

KUALA LUMPUR, Feb 23 (Bernama) -- The government has and is implementing various revenue strengthening measures including revising tax rates, broadening the revenue base, improving tax administration and reducing revenue leakage through digitalisation initiatives, according to the Ministry of Finance (MoF).

Mavenir Enables Tune Talk As Independent Cloud-Native MNO

KUALA LUMPUR, Feb 23 (Bernama) -- Mavenir, the network software provider building artificial intelligence (AI)‑driven mobile infrastructure, announced that Tune Talk has completed its evolution into a fully independent, cloud-native mobile network operator (MNO).

Audit Shows 145 Govt-owned Firms Paid Dividends Totalling RM77.74 Bln In 2023

KUALA LUMPUR, Feb 23 (Bernama) -- A total of 145 companies limited by shares (CLBS) had made a total dividend payment of RM77.735 billion to shareholders in 2023.