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TII Technology Acquired By OPAQUE To Advance Confidential AI

KUALA LUMPUR, May 5 (Bernama) -- Technology Innovation Institute (TII) has announced that its advanced cryptographic artificial intelligence (AI) technologies have been acquired by OPAQUE, a San Francisco-based confidential AI company.

Bursa Malaysia Ends Morning Session Lower

KUALA LUMPUR, May 5 (Bernama) -- Bursa Malaysia was lower at midday, dragged down by selling in selected heavyweights, said an analyst.

Malaysia Sees No Major Energy, Raw Material Risk To Semiconductor Industry -- Johari

KUALA LUMPUR, May 5 (Bernama) -- Malaysia does not see energy supply or raw material shortages as a major risk to its semiconductor industry at this stage, supported by its status as a net gas exporter, Investment, Trade and Industry Minister Datuk Seri Johari Abdul Ghani said.

OTC Markets Taps JP Chan To Lead APAC Operations Amid Regional Growth

KUALA LUMPUR, May 4 (Bernama) -- OTC Markets Group, an operator of regulated markets for more than 12,000 United States (US) and international securities, has appointed JP Chan as Senior Vice President and Regional Head for Asia-Pacific (APAC) as it expands its presence in the region.

Digital China Summit Showcases AI, Data Innovation In Fuzhou

KUALA LUMPUR, May 4 (Bernama) -- The Ninth Digital China Summit was held in Fuzhou, Fujian Province, featuring more than 50 dialogue sessions and over 100 related activities focused on advancing digital technology development.

Ringgit Opens Higher Against US Dollar Ahead Of OPR Announcement

KUALA LUMPUR, May 4 (Bernama) -- The ringgit opened higher against the US dollar on the first trading day of May, with the upcoming Bank Negara Malaysia (BNM) Monetary Policy Committee (MPC) meeting later this week, developments in the United States–Iran conflict and the release of the US non-farm payroll (NFP) data expected to set the tone for the market.

ADB Launches US$70 Bln Push To Connect Asia’s Power Grids, Digital Networks

KUALA LUMPUR, May 3 (Bernama) -- The Asian Development Bank (ADB) will back US$70 billion in new energy and digital infrastructure initiatives by 2035, aiming to connect power grids, expand cross-border electricity trade and improve broadband access across Asia and the Pacific.

Ringgit Seen To Trade Within RM3.96–RM3.98 Against US Dollar Next Week

By Abdul Hamid A Rahman

KUALA LUMPUR, May 2 (Bernama) -- The ringgit is expected to trade within a narrow range next week, hovering between RM3.96 and RM3.98 against the US dollar ahead of key United States data.

Gold Futures Seen In The US$4,600–US$4,700 Range Next Week

By Abdul Hamid A Rahman

KUALA LUMPUR, May 2 (Bernama) -- Gold futures on Bursa Malaysia Derivatives are expected to trade within a narrow range of US$4,600 to US$4,700 per troy ounce next week, on expectations that the United States (US) Federal Reserve (Fed) will maintain its restrictive monetary stance.

SME Corp Empowers Digitalisation, Automation Of MSMEs

JOHOR BAHRU, May 1 (Bernama) -- Digitalisation and automation of micro, small and medium enterprises (MSMEs) have been identified as one of the five key focus areas in the Business Strategic Plan (BSP) 2022–2030 to accelerate the adoption of digital technology and improve productivity and operational efficiency.

AI, Digital Infrastructure Investment Key To Malaysia's Economic Transformation - Expert

By Mohamad Syazwan Mustafa

JOHOR BAHRU, April 30 (Bernama) -- Artificial intelligence (AI) and a surge in digital infrastructure investment, particularly data centres, are expected to be key drivers of Malaysia's economic growth over the next five to 10 years, thus reshaping the country's economic structure from a labour-intensive model to a high-value technology and data-based economy.

IOI Properties Poised To Enter FBM KLCI In June Review -- CIMB Securities

KUALA LUMPUR, April 30 (Bernama) -- IOI Properties Group Bhd is likely to replace Sime Darby Bhd as one of FTSE Bursa Malaysia’s (FBM KLCI) 30 constituents in the upcoming semi-annual review by FTSE Russell and Bursa Malaysia, according to an analyst.