SOGDC, SEDCO Mining Ink MoU To Strengthen Sabah Industrial Development

KOTA KINABALU, March 11 (Bernama) -- Sabah Oil & Gas Development Corporation (SOGDC) and SEDCO Mining Sdn Bhd have signed a memorandum of understanding (MoU) to strengthen industrial development in the state, particularly in the Sabah Oil and Gas Industrial Park (SOGIP) and the Sawit Kinabalu Sandakan Industrial Park (SKSIP).

Oil Price Shocks, Inflation and the Fragility of the Global Economy

By Dr Phar Kim Beng

Few economic indicators shape global stability as decisively as the price of oil. 

AM Best: Australia’s Guild Insurance Credit Ratings Unchanged After Partnership

KUALA LUMPUR, March 11 (Bernama) -- AM Best has commented that the financial strength rating of A- (Excellent) and the long-term issuer credit rating of “a-” (Excellent) of Australia’s Guild Insurance Limited (GIL) remain unchanged following the announcement of its new strategic partnership with EML Group.

New Incentive Framework To Ensure Inflows Of High-Quality Investments -- Liew

​KUALA LUMPUR, March 11 (Bernama) -- The implementation of the New Incentive Framework (NIF), which commences on March 1, will ensure the inflows of high-quality investments to support the transformation towards a high-income and innovation-based economy.

Denodo Platform 9.4 To Accelerate Data Access, Support Enterprise AI

KUALA LUMPUR, March 11 (Bernama) -- Denodo, a leader in data management and artificial intelligence (AI), announced the availability of Denodo Platform 9.4, built with logical data management capabilities to simplify and accelerate data access.

Horizon Quantum Nears Merger With dMY, Announces Key Milestones

KUALA LUMPUR, March 11 (Bernama) -- Horizon Quantum Computing Pte Ltd (Horizon Quantum), a pioneer of software infrastructure for quantum applications, has achieved several milestones as it moves closer to completing its proposed business combination with dMY Squared Technology Group Inc (dMY).

Carbon Pricing Should Be Viewed As Emerging Transition Risk - Kenanga IB

KUALA LUMPUR, March 11 (Bernama) -- The introduction of carbon pricing should be viewed not only as a compliance requirement but also as an emerging signal of transition risk that will increasingly need to be incorporated into portfolio analysis, said Kenanga Investment Bank Bhd (Kenanga IB).

CUSTA Raises US$4.3 Mln In Capital To Expand Customisation Platform In Southeast Asia

KUALA LUMPUR, March 11 (Bernama) -- CUSTA has raised approximately US$4.3 million (RM17 million) in capital, including a Pre-Series A equity round co-led by Delight Ventures and Global Brain.

Air Cargo Connects Businesses To Global Markets, Keep Supply Chains Moving - IATA

KUALA LUMPUR, March 11 (Bernama) -- Air cargo plays a critical role in connecting businesses to global markets and keeping supply chains moving, even as the operating environment becomes more complex, the International Air Transport Association (IATA) said in a statement today.

Bursa Malaysia Opens Marginally Lower After Volatile Wall Street Session

By Zufazlin Baharuddin

KUALA LUMPUR, March 11 (Bernama) -- Bursa Malaysia opened marginally lower on Wednesday, tracking weaker performance on Wall Street, where all three major US indices ended well below their intraday highs after a volatile session.

Ringgit Opens Flat Vs US Dollar, Firmer Against Other Majors

KUALA LUMPUR, March 11 (Bernama) -- The ringgit opened firmer against a basket of major currencies but was flat against the US dollar on Wednesday, supported by resilient domestic economic data amid heightened geopolitical tensions and mixed global signals.

Invest Selangor Targets To Surpass SIBS 2025 Potential Transactions

SHAH ALAM, March 10 (Bernama) -- Invest Selangor Bhd aims to surpass last year’s RM8.17 billion in potential business transactions during the Selangor International Business Summit (SIBS) 2026, which will be held this October.