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Bursa Malaysia Rebounds To Open Higher

KUALA LUMPUR, Oct 3 (Bernama) -- Bursa Malaysia staged a rebound from yesterday's losses at the opening bell today, supported by renewed buying activities in selected heavyweights amid a recovery in the regional markets, according to an analyst.

Ringgit Opens Flat Vs US Dollar, Rises Against Other Major Currencies 

KUALA LUMPUR, Oct 3 (Bernama) -- The ringgit opened almost flat against the US dollar today but rose versus other major currencies, as the greenback continued to strengthen amid rising geopolitical risks, an analyst said.

Cebu Pacific Signs Purchase Agreement For Up To 152 A321 Neos, Valued At US$24 Bln 

From Kisho Kumari Sucedaram

MANILA, Oct 2 (Bernama) — Cebu Pacific, the Philippines' low-cost carrier, has signed a landmark purchase agreement with Airbus and Pratt & Whitney for up to 152 A321neo aircraft, equipped with Pratt & Whitney GTF engines. 

YAPEIM Empowers Underprivileged Entrepreneurs With Capital Funding

PUTRAJAYA, Oct 2 (Bernama) -- The Malaysian Islamic Economic Development Foundation (YAPEIM) is committed to supporting entrepreneurs from underprivileged backgrounds by providing business capital funding.

KIP REIT Secures Approval For RM320 Mln Acquisition Of DPulze Shopping Centre

KUALA LUMPUR, Oct 2 (Bernama) -- KIP Real Estate Investment Trust (KIP REIT) has secured shareholders’ approval to acquire DPulze Shopping Centre in Cyberjaya for RM320 million.

Curium Join Forces With PeptiDream For Prostate Cancer Theranostics in Japan

KUALA LUMPUR, Oct 2 (Bernama) -- Curium, a world leader in nuclear medicine, has entered into a strategic partnership with PDRadiopharma Inc, a wholly-owned subsidiary of PeptiDream, for the clinical development, regulatory filing, and commercialisation in Japan of two agents, 177Lu-PSMA-I&T and 64Cu-PSMA-I&T.

Indonesian Tycoon Lauds Anwar's Affirmative Action To Safeguard Bumiputera Interests

PUTRAJAYA, Oct 2 (Bernama) -- The affirmative action taken by Prime Minister Datuk Seri Anwar Ibrahim’s administration to protect Bumiputera interests is a positive step, according to Indonesia’s former Economic Minister Chairul Tanjung.

Oracle's Investment Reflects Global Tech Companies' Confidence In Malaysia - PM Anwar

KUALA LUMPUR, Oct 2 (Bernama) -- Prime Minister Datuk Seri Anwar Ibrahim said Oracle's investment decision reflects the confidence and commitment of global technology companies in Malaysia's potential as a regional gateway for cloud infrastructure and supporting the growth of the regional artificial intelligence (AI) ecosystem.

Menlo Security Surpasses US$100 Mln ARR, Leading Secure Enterprise Browser Market

KUALA LUMPUR, Oct 2 (Bernama) -- Menlo Security, the pioneer of Secure Enterprise Browsers announced the company has surpassed US$100 million in annual recurring revenue (ARR) and achieved 50 per cent growth in the last 24 months. (US$1=RM4.15)

RHB IB: Data Centres A Catalyst For Malaysia’s Economic Growth

KUALA LUMPUR, Oct 2 (Bernama) -- Data centre (DC) investments are a catalytic enabler for raising Malaysia’s economic complexity and advancing its position on the technology ladder, said RHB Investment Bank Bhd (RHB IB).

Tanco Shares Rise On Smart Ai Container Port Approval

KUALA LUMPUR, Oct 2 (Bernama) -- Tanco Holdings Bhd's shares drew attention on Bursa Malaysia during the early session today, following the group's approval to develop and construct the smart artificial intelligence (AI) container port in Port Dickson, Negeri Sembilan.

Oracle to Invest More Than US$6.5 Bln in AI and Cloud Computing In Malaysia

KUALA LUMPUR, Oct 2 (Bernama) -- Oracle today announced that it plans to invest more than US$6.5 billion (US$1 = RM4.15) to open a public cloud region in Malaysia to meet the rapidly growing demand for its artificial intelligence (AI) and cloud services here.