Kenanga Investment Bank Expects Rise In Demand For Cloud Services Due To Data Centre Investments

KUALA LUMPUR, Nov 4 (Bernama) -- Kenanga Investment Bank Bhd anticipates a rise in demand for cloud services, including graphics processing units-as-a-service pioneered by Maxis Bhd locally, as global cloud service providers continue to invest heavily in data centres, cloud, and artificial intelligence (AI) infrastructure in Malaysia.

Malaysia’s ASEAN Chairmanship To Spur Digitalisation, Attract Foreign Investors -- TeamViewer

KUALA LUMPUR, Nov 4 (Bernama) -- Malaysia’s assumption of the ASEAN chairmanship next year will be a catalyst for the country’s adoption of advanced technologies, especially in digitalisation, and make it more appealing to foreign investors. 

Bursa Malaysia Rises As Wall St Gains Boost Sentiment

By Abdul Hamid A Rahman

KUALA LUMPUR, Nov 4 (Bernama) -- Bursa Malaysia opened higher on the week's first trading day, buoyed by Wall Street's overnight gains ahead of tomorrow's United States (US) presidential election.

R​​​inggit Rebounds, Opens Higher Against Greenback

By Siti Noor Afera Abu

KUALA LUMPUR, Nov 4 (Bernama) -- The ringgit rebounded, opening higher against the US dollar on Monday as the greenback softened, with markets awaiting key events later in the week.

TM Supports Government's 5G Dual Network Decision, Committed To Digital Growth

KUALA LUMPUR, Nov 3 (Bernama) – Telekom Malaysia Bhd (TM) is supportive of the government’s recent decision on the 5G dual network, reaffirming its commitment to enhancing the benefits of 5G technology for Malaysians, businesses, and the nation. 

Ukraine Seeks Malaysia As ASEAN Gateway For UAV Partnerships

KUALA LUMPUR, Nov 2 (Bernama) -- Ukraine views Malaysia as a key entry point for expanding collaborations in the ASEAN region's unmanned aerial vehicle (UAV) and drone sectors, said Ukraine’s deputy economy minister, Taras Kachka.

Sabah Space Project To Set Malaysia Apart In ASEAN Technology – Ukrainian Economy Minister

KUALA LUMPUR, Nov 2 (Bernama) -- The highly anticipated space launching site in Sabah would place Malaysia as ASEAN’s leading country in the region in terms of technology advancement, said Ukraine deputy economy minister Taras Kachka.

KWAP Appoints Nazaiful Affendi As Chief Strategy And Services Officer

KUALA LUMPUR, Nov 2 (Bernama) -- Kumpulan Wang Persaraan (Diperbadankan) (KWAP) has appointed Nazaiful Affendi Zainal Abidin as the chief strategy and services officer (CSSO) effective Nov 1, 2024.

Volatile Trade Expected For FBM KLCI Futures Next Week

By NurulJannah Kamaruddin

KUALA LUMPUR, Nov 2 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) futures contract on Bursa Malaysia Derivatives is expected to trade in volatile mode next week ahead of the United States (US) Presidential election.

Plantation Rally, FOMC Rate Cut To Balance Volatility Ahead Of US Election Results 

By Nurul Jannah Kamaruddin

KUALA LUMPUR, Nov 2 (Bernama) -- Expectations of continued interest in plantation stocks amid rising crude palm oil price and the US Federal Reserve (Fed) rate cut are set to counterbalance potential election-related fluctuations, stabilising Bursa Malaysia’s performance next week.

Cautious Tone Expected For Ringgit Versus US Dollar Trading Next Week

By Siti Radziah Hamzah

KUALA LUMPUR, Nov 2 (Bernama) -- The ringgit is likely to trade on a cautious tone next week ahead of the US Presidential election on Nov 5, said an analyst.

Khazanah, PNB Clarify Their Divestment From FashionValet

KUALA LUMPUR, Nov 1 (Bernama) -- Khazanah Nasional Bhd and Permodalan Nasional Bhd (PNB) have issued separate statements on their RM43.9 million losses after selling their stakes in e-commerce platform Fashion Valet Sdn Bhd for RM3.1 million.