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AZRB's Unit Bags RM63.5 Mln Bridge Construction Project

KUALA LUMPUR, Feb 3 (Bernama) -- Ahmad Zaki Resources Bhd’s (AZRB) wholly-owned subsidiary, Ahmad Zaki Sdn Bhd (AZSB) has been awarded a contract worth RM63.5 million by the Public Works Department for the construction of a bridge in Kampung Binjai, Kuala Lipis, Pahang.

Govt’s Two Pct Contribution For Foreign Workers Balances Welfare And Business -- FMM

KUALA LUMPUR, Feb 3 (Bernama) -- The government's proposal to implement a mandatory Employees Provident Fund (EPF) contribution rate of two per cent for foreign workers from the initially proposed 12 per cent reflects an effort to balance worker welfare and business sustainability, said the Federation of Malaysian Manufacturers (FMM).

Opengear: 57 Pct Engineers Expect AI Investment Growth In Network Management

KUALA LUMPUR, Feb 3 (Bernama) -- A recent survey by Opengear, a Digi International company, reveals that 57 per cent of network engineers expect their organisations’ investment in artificial intelligence (AI) for network management to increase by more than 25 per cent over the next two to three years.

Govt Proposes Mandatory Two Pct EPF Contribution For Foreign Workers - PM Anwar

KUALA LUMPUR, Feb 3 -- The government has proposed to implement a mandatory two per cent Employees Provident Fund (EPF) contribution rate on foreign workers, said Prime Minister Datuk Seri Anwar Ibrahim.

KIOXIA AiSAQ Technology To Enhance AI Retrieval Performance Without DRAM Dependency

KUALA LUMPUR, Feb 3 (Bernama) -- Kioxia Corporation, a world leader in memory solutions, has announced the open-source release of its new All-in-Storage ANNS with Product Quantization (AiSAQ) technology.

Government To Study Impact Of DeepSeek AI Platform On Malaysia - Gobind Singh

SHAH ALAM, Feb 2 (Bernama) -- The government is studying the impact of China’s open-source artificial intelligence (AI) platform DeepSeek on Malaysia, said Digital Minister Gobind Singh Deo.

Weststar-GAP Aviation Bags RM176 Mln Helicopter Transportation Contract In Timor-Leste

KUALA LUMPUR, Jan 31 (Bernama) -- Weststar-GAP Aviation LDA, a joint venture between Timor GAP-Timor Gas Petroleo, EP, and Weststar Aviation Timor, Unipessoal, LDA, has secured a helicopter transportation services contract with an Australian energy company Santos NA (19-12) Pty Ltd worth US$40 million or RM175.6 million.

Weststar GAP, Santos Partnership Strengthens Malaysia-Timor-Leste-Australia Business Ties -- Tengku Zafrul

KUALA LUMPUR, Jan 31 (Bernama) -- The partnership between Weststar GAP Ltd and globally recognised oil and gas leader Santos Australia is a testament to the strong potential for enhanced trade and business ties between Malaysia, Timor-Leste and Australia, said Minister of Investment, Trade and Industry Tengku Datuk Seri Zafrul Abdul Aziz.

Malaysia Remains Key Data Centre Hub Despite Global Concerns – MIDF

KUALA LUMPUR, Jan 31 (Bernama) – Malaysia remains a key data centre (DC) hub due to its strategic location, abundant resources, cost advantages, and established infrastructure with industry feedback suggesting no major disruptions to upcoming projects, according to MIDF Amanah Investment Bank Bhd.

BNM Imposes Penalties Totalling RM1.66 Mln On Four Financial Institutions

KUALA LUMPUR, Jan 28 (Bernama) -- Bank Negara Malaysia (BNM) has imposed administrative monetary penalties (AMP) totalling RM1.66 million on four financial institutions for non-compliance with the Financial Services Act 2013 (FSA) and/or Islamic Financial Services Act 2013 (IFSA).

Bursa Malaysia Extends Downtrend To Open Lower 

KUALA LUMPUR, Jan 28 (Bernama) -- Bursa Malaysia extended its downtrend to open lower on Tuesday in cautious mode, tracking Wall Street’s weaker overnight performance due to a major sell-off in the technology sector, an analyst said.

CT Semiconductor Concludes "Seed Training" Course To Boost Vietnam's Semiconductor Workforce

KUALA LUMPUR, Jan 27 (Bernama) -- CT Semiconductor, a member of CT Group, has concluded its first “Seed Training - Train for the Trainer” course on assembly, test, and packaging (ATP) of semiconductor chips at the National Innovation Center (NIC) in Hanoi.