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Project B Appoints William Kim To Lead Global Lifestyle Strategy

KUALA LUMPUR, Feb 23 (Bernama) -- Project B, a global sports platform, has appointed William Kim as Chief Lifestyle Officer to lead its premium lifestyle business across merchandise, brand collaborations and cultural partnerships.

Petronas Chemicals Records FY2025 Net Loss Of RM2.14 Bln

KUALA LUMPUR, Feb 23 (Bernama) -- Petronas Chemicals Group Bhd posted a net loss of RM2.14 billion in the financial year ended Dec 31, 2025 (FY2025), compared to a net profit of RM1.17 billion in the previous year. 

Mavenir, Telefónica To Set Up Joint AI Innovation Hub

KUALA LUMPUR, Feb 23 (Bernama) -- Mavenir Systems Limited has signed a memorandum of understanding (MoU) with Telefónica, S.A. to establish a joint artificial intelligence (AI) Innovation Hub to accelerate the integration of AI into the evolution of core networks.

Federal Agencies’ Assets Reach RM2.838 Trillion, Liabilities Up 0.1 Pct

KUALA LUMPUR, Feb 23 (Bernama) -- The asset position of 143 out of 145 federal agencies increased by 5.5 per cent to RM2.838 trillion in 2024, compared with RM2.690 trillion the previous year, according to the Auditor-General’s Report (LKAN) 1/2026 tabled in the Dewan Rakyat today.

Mavenir, Red Hat Partner On-Premise AI For Telecom Networks

KUALA LUMPUR, Feb 23 (Bernama) -- Mavenir, the software company building artificial intelligence (AI)-by-design mobile networks, has partnered with Red Hat to deliver Conversational AI and Agentic AI service assurance solutions using Red Hat AI.

AirBorneo, IBM Malaysia Collaborate In AI-Powered Operations, Improve Agility

KUCHING, Feb 23 (Bernama) -- Sarawak’s new state-owned full-service airline, AirBorneo, has partnered IBM Malaysia Sdn Bhd to develop artificial intelligence (AI)-driven data and automation solutions as part of its preparations for commercial operations in 2026.

Fortrea Expands Executive Team For Clinical Development, Deepens Client Partnerships

KUALA LUMPUR, Feb 23 (Bernama) -- Fortrea, a global contract research organisation (CRO), has strengthened its executive leadership with Oren Cohen and Scott Dove.

Expereo To Deliver Fully Managed Connectivity Solution For Kingspan Insulation

KUALA LUMPUR, Feb 23 (Bernama) -- Expereo, a managed Network as a Service (NaaS) provider, has been selected by Kingspan Insulation to deliver a fully managed connectivity solution across its global operations.

watchTowr, PwC Hong Kong To Strengthen Preemptive Cyber Defence Across APAC

KUALA LUMPUR, Feb 23 (Bernama) -- Global Preemptive Exposure Management leader, watchTowr, has expanded its partnership with PwC Hong Kong (PwC) to continue delivering the watchTowr Platform as part of PwC’s Managed Security Service (MSS) offering.

INVNT Posts 60 Pct Revenue Growth In 2025

KUALA LUMPUR, Feb 23 (Bernama) -- INVNT, the innovation-led global brand storytelling agency, reported a record financial year in 2025, posting 60 per cent year-on-year growth, following a major strategic integration to expand its end-to-end experiential capabilities.

SMEs Urged To Focus On Institutional Strengthening Amid Economic Stability, Stronger Ringgit

KUALA LUMPUR, Feb 22 (Bernama) -- Small and medium enterprises (SMEs) are urged to use the current economic stability, underpinned by a stronger ringgit, to strengthen their institutions and secure sustainable growth over the next five years, rather than pursue rapid expansion.

US Tariff Ruling Lifts Market Sentiment, Positive For Malaysian Markets -- Economists

By Nurunnasihah Ahmad Rashid and Nur Athirah Mohd Shaharuddin

KUALA LUMPUR, Feb 21 (Bernama) -- The United States (US) Supreme Court ruling limiting President’s unilateral tariff authority would improve global economic and market sentiment, with economists saying the development could benefit Malaysia’s exports, capital markets and currency outlook.