ACE Market-Bound Pentech Seeks To Raise RM34.39 Mln From IPO

Bursa Malaysia Opens Lower Tracking Wall Street’s Weaker Performance

KUALA LUMPUR, May 20 (Bernama) -- Bursa Malaysia opened lower today, tracking Wall Street’s weaker performance overnight as bond yields soared over concerns that recent high inflationary data may force the US Federal Reserve to hike rates.

Govt Identifies Five Manufacturing Sub-Sectors Most Affected By Global Supply Crisis - Akmal Nasrullah

KUALA LUMPUR, May 19 (Bernama) -- Five manufacturing subsectors were identified as being most affected by the impact of the energy crisis and global supply disruptions, according to Economy Minister Akmal Nasrullah Ahmad Nasir.

Megah Port, CILTM Sabah Host Engagement Session To Address Labuan's Logistics Issues

LABUAN, May 19 (Bernama) -- Megah Port Management Sdn Bhd and the Chartered Institute of Logistics and Transport Malaysia (CILTM) Sabah jointly hosted an engagement session with the Commercial Vehicle Licensing Board (LPKP) and the Road Transport Department (JPJ) recently to discuss operational issues related to licensing, permits and regulatory compliance. 

Ringgit Opens Slightly Higher Against US Dollar Amid Cautious Market Sentiment

By K. Naveen Prabu

KUALA LUMPUR, May 18 (Bernama) -- The ringgit opened slightly higher against the US dollar on Monday although cautious sentiment persisted amid escalating geopolitical tensions in West Asia.

Media Practitioners Seek Stronger AI Ethics, Fact-checking Collaboration

From Nurunnasihah Ahmad Rashid

KAZAN (Russia), May 14 (Bernama) — Media practitioners has expressed the need for ethical and human-centric use of artificial intelligence (AI) to safeguard cultural heritage, media integrity and public trust amid rapid digital transformation, during the “Heritage Code: The Digital Evolution of Meanings” media forum.

Bursa Malaysia Rebounds To Close Higher On Bargain Hunting In Blue Chips

KUALA LUMPUR, May 12 (Bernama) -- Bursa Malaysia rebounded to close higher on Tuesday amid selective bargain-hunting in blue-chip stocks after closing lower in the last two trading sessions, analysts said.

Taiwan Seeks Negotiations To Update 1993 Bilateral Investment Agreement With Malaysia

KUALA LUMPUR, May 12 (Bernama) -- Taiwan has urged the Malaysian government to initiate negotiations to update the Malaysia-Taiwan Bilateral Investment Agreement (BIA) signed in 1993 to reflect today’s evolving global investment landscape.

Bursa Malaysia Securities Reprimands, Fines Dealer RM59,000 Over Share Manipulation

KUALA LUMPUR, May 11 (Bernama) -- Bursa Malaysia Securities Bhd has reprimanded and imposed a fine of RM59,000 on Nurendran a/l Parathan, for engaging in manipulative trading activities in the securities of numerous counters. 

Quantum Motion Raises US$160 Mln To Advance Silicon-Based Quantum Computing 

KUALA LUMPUR, May 11 (Bernama) -- Quantum Motion announced a US$160 million Series C funding round to commercialise its silicon transistor-based quantum computing technology designed for scalable and energy-efficient deployment. (US$1 = RM3.91)

Govt Refining Appropriate Threshold For Petrol Subsidy Recipients-- Akmal

PUTRAJAYA, May 11 (Bernama) -- The government is refining the appropriate threshold between those who should receive petrol subsidies and those who can be excluded as part of the effort to implement a more targeted subsidy mechanism, said Economy Minister Akmal Nasrullah Mohd Nasir.

Foreign Funds Turn Net Buyers On Bursa Malaysia With RM95.2 Mln Inflow -- CIMB Securities

KUALA LUMPUR, May 11 (Bernama) -- Foreign investors turned net buyers of equities last week after three weeks of net selling, with a net inflow of RM95.2 million against a net outflow of RM160.8 million in the preceding week, according to CIMB Securities Sdn Bhd.