Richmond Asia Group Targets 20-hotel Portfolio In Malaysia By 2033

KUALA LUMPUR, Jan 12 (Bernama) -- Richmond Asia Group plans to expand its hospitality portfolio in Malaysia to 20 hotels over the next eight years.

Jumio Names Bala Kumar President, Interim CEO

KUALA LUMPUR, Jan 9 (Bernama) -- Jumio has appointed Bala Kumar as president and interim chief executive officer (CEO), succeeding Robert Prigge, who is stepping down after nearly a decade leading the company through a period of sustained growth.

MARC Ratings Forecasts Malaysia's Economy To Expand By 4.3 Pct In 2026

KUALA LUMPUR, Jan 9 (Bernama) -- Malaysia’s economy is forecasted to grow by 4.3 per cent in 2026, supported by continued domestic demand and sustained investment activity, driven by rapid demand for electrical and electronic products as well as data centre infrastructure.

Maybank IB Positive On REITS, Earnings Growth Forecast At 9 Pct

KUALA LUMPUR, Jan 9 (Bernama) -- Maybank Investment Bank Bhd (Maybank IB) has maintained a positive stance on the Malaysia real estate investment trust (REIT) sector into 2026, supported by resilient fundamentals, a stable rate environment and tourism-led demand recovery.

Affin Bank Projects 4.3 Pct GDP Growth For Malaysia This Year

GEORGE TOWN, Jan 9 (Bernama) -- Affin Bank Bhd expects Malaysia's economy to maintain its strong momentum with gross domestic product (GDP) growth forecast at 4.3 per cent in 2026, following the likely 4.6 per cent expansion in 2025.

Bursa Malaysia's Key Index Ends 0.43 Pct Lower On Profit-taking

By Siti Radziah Hamzah

KUALA LUMPUR, Jan 8 (Bernama) -- Bursa Malaysia’s benchmark index closed lower on Thursday amid profit-taking in big-cap stocks, as investors shifted their focus to smaller-cap counters against the backdrop of weaker regional market performance.

Bursa Malaysia's Key Index Ends 043 Pct Lower On Profit-taking

By Siti Radziah Hamzah

KUALA LUMPUR, Jan 8 (Bernama) -- Bursa Malaysia’s benchmark index closed lower on Thursday amid profit-taking in big-cap stocks, as investors shifted their focus to smaller-cap counters against the backdrop of weaker regional market performance.

GDU Launches AI Fog-Penetrating Drone For Complex Environments

KUALA LUMPUR, Jan 7 (Bernama) -- GDU, a professional-grade drone manufacturer founded in 2015, announced the launch of the UAV-P300, which it claimed is the world’s first artificial intelligence (AI)-powered optical and electronic fog-penetrating drone.

TII Unveils Arabic AI Model Setting Performance Benchmark

KUALA LUMPUR, Jan 6 (Bernama) -- The Technology Innovation Institute (TII), the applied research arm of Abu Dhabi’s Advanced Technology Research Council (ATRC), has launched Falcon-H1 Arabic, a newly developed large language model (LLM) built on a hybrid Mamba-Transformer architecture.

Kioxia Unveils BG7 Solid State Drives For PC OEMs

KUALA LUMPUR, Jan 6 (Bernama) -- Kioxia Corporation has introduced the KIOXIA BG7 Series solid state drives (SSDs), its first client SSDs to feature BiCS FLASH generation 8 3D flash memory with CMOS directly Bonded to Array (CBA) technology.

Helus Pharma Rebrands, Debuts On Nasdaq

KUALA LUMPUR, Jan 6 (Bernama) -- Helus Pharma, formerly Cybin Inc, marked its transition toward commercialisation as it began trading on the Nasdaq Global Market and Cboe Canada under the ticker symbol HELP, reflecting a strategic rebrand and corporate repositioning.

Phase 2 SSPA Salary Adjustment To Boost Retail Economy -- Economist

By K. Naveen Prabu

KUALA LUMPUR, Jan 6 (Bernama) -- The second phase of the Public Service Remuneration System (SSPA) salary adjustment for civil servants is expected to have a strong positive impact on the retail economy, according to an economist.