Labuan IBFC Embraces Blockchain, AI To Boost Fintech Growth

LABUAN, Oct 9 (Bernama) -- The increasing interest in digital assets and alternative financial instruments is driving innovation and growth within Labuan's financial sector. 

3REN Bhd Expands Operations, R&D And Market Presence With Upcoming IPO - MTDC

KUALA LUMPUR, Oct 9 (Bernama) -- 3REN Bhd’s initial public offering (IPO) will enable the group to expand its operations, enhance its research and development capabilities, and strengthen its presence in key markets, said Malaysian Technology Development Corporation (MTDC).

Mitsubishi Power Aims To Expand Gas Turbine Expertise In Asia Pacific

By Siti Radziah Hamzah

KUALA LUMPUR, Oct 9 (Bernama) -- Mitsubishi Power Asia Pacific Pte Ltd aims to expand its gas turbine expertise in Southeast Asia, given the significant utilisation potential of natural gas and liquefied natural gas (LNG) in the region.

H2O.ai Partners AI Verify Foundation To Ensure Safe AI Deployment

KUALA LUMPUR, Oct 9 (Bernama) -- Open-source leader in generative artificial intelligence (AI) and machine learning (ML), H2O.ai has announced a collaboration with AI Verify to ensure the safe deployment of AI.

Malaysia’s Strategy As ASEAN Chair In 2025 Is For Grouping To Bolster Regional Value Chains

From Sharifah Hunaini Syed Ismail

VIENTIANE, Oct 9 (Bernama) -- Malaysia has outlined three strategies for ASEAN when it takes over the grouping’s chairmanship in 2025, including bolstering regional value chains and regulatory cooperation.

Gradiant’s ForeverGone Proven To Completely Wipe Out PFAS In Industrial Use

KUALA LUMPUR, Oct 9 (Bernama) -- Gradiant, a global solutions provider for advanced water and wastewater treatment, has announced a major milestone in the fight against per- and polyfluoroalkyl substances (PFAS) contamination, with its ForeverGone all-in-one solution.

Crest Group Seeks Govt Support For Semiconductor Talent In Budget 2025 

KUALA LUMPUR, Oct 9 (Bernama) -- Crest Group Bhd, a debutant on the ACE Market, is urging the government to prioritise talent development and attract foreign investments to bolster the growth of the semiconductor sector in the upcoming Budget 2025.

Ringgit Strengthens 14.4 Pct vs USD In 3Q 2024; One Of The Best Performing Currencies Globally

KUALA LUMPUR, Oct 9 (Bernama) -- The ringgit was one of the best-performing currencies globally in the third quarter of this year (3Q2024), strengthening 14.4 per cent against the US dollar and 11.4 per cent on a year-to-date basis, said Bank Negara Malaysia’s (BNM) Financial Markets Committee (FMC).

Budget 2025: MPOB Calls On Govt To Assist Planters In Rejuvenating Unproductive Oil Palm Trees

KUALA LUMPUR, Oct 9 (Bernama) -- The Malaysian Palm Oil Board (MPOB) hopes the government will assist planters in accelerating replanting activities to rejuvenate unproductive and ageing oil palm trees in Budget 2025, thus enhancing the sector’s productivity.

Bursa Malaysia Opens Firmer Ahead Of Key US Data Releases

 KUALA LUMPUR, Oct 9 (Bernama) -- Bursa Malaysia opened firmer today, ahead of the US Federal Open Market Committee meeting minutes release and key inflation data due this week, an analyst said.

Ringgit Opens Slightly Higher As Investors Focus On US Rate Cut Pace

KUALA LUMPUR, Oct 9 (Bernama) -- The ringgit opened slightly higher against the US dollar as investors shifted their attention to the extent and timing of anticipated US interest rate cuts, confident that monetary easing will persist, said an economist.

ASEAN MSMEs Should Benefit From Digital Economy Framework Agreement

From Sharifah Hunaini Syed Ismail

VIENTIANE, Oct 8 (Bernama) -- ASEAN micro, small and medium enterprises (MSMEs) should benefit from the US$2 trillion expected economic value generated from the Digital Economy Framework Agreement (DEFA) by 2030.