Ringgit Retreats After Three Days Of Gains

By Nurunnasihah Ahmad Rashid

KUALA LUMPUR, Nov 22 (Bernama) -- The ringgit closed lower on Friday, snapping three consecutive days of gains amid profit-taking activities.

Solarvest Bags EPCC Contract Potentially Worth RM142 Mln

KUALA LUMPUR, Nov 22 (Bernama) -- Solarvest Holdings Bhd’s wholly-owned subsidiary Atlantic Blue Sdn Bhd has bagged a conditional letter of award involving design, engineering, procurement, construction and commissioning (EPCC contract) from SM01 Sdn Bhd worth RM142 million.

H2O.ai Launches Industry's First Multi-agent Gen AI Platform

KUALA LUMPUR, Nov 22 (Bernama) -- H2O.ai, the leader in open-source generative artificial intelligence (Gen AI) and the most accurate predictive AI platforms, has announced the industry-first convergence of predictive AI and Gen AI in its enterprise h2oGPTe platform.

Bursa Malaysia Reverses Early Losses To End Higher

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, Nov 22 (Bernama) -- Bursa Malaysia recouped earlier losses to close marginally higher on Friday, buoyed by persistent buying in selected heavyweights led by Tenaga Nasional, amid the mostly upbeat performance in regional bourses.

Kumpulan H&L And Prosperous Plantation To Merge Estates, Enhance Economies Of Scale

KUALA LUMPUR, Nov 22 (Bernama) -- Kumpulan H&L High Tech Bhd’s wholly-owned subsidiary, H&L High-Tech Deco Sdn Bhd, has entered into an estate merger agreement with Prosperous Plantation PLT to achieve economies of scale and increase production output.

Rubber Market Closes Mixed, Tracking Regional Futures Markets

By Engku Shariful Azni Engku Ab Latif

KUALA LUMPUR, Nov 22 (Bernama) -- The Kuala Lumpur rubber market ended mixed on Friday, dragged down by a downtrend in the regional rubber futures market, a dealer said.

Shufti Releases Fast ID Solution For Easy, Seamless User Experience

KUALA LUMPUR, Nov 22 (Bernama) -- Shufti, a global award-winning identity verification provider, has announced the release of its innovative Fast ID authentication and portable identity solution.

Boomi Enterprise Platform Enhances Pallion Group's Resilience, Customer Experience

KUALA LUMPUR, NOV 22 (Bernama) -- Boomi, the intelligent integration and automation leader, announced that Australian precious metals and jewellery company, Pallion Group, has bolstered resilience and customer experience (CX) across its brands by adopting the Boomi Enterprise Platform as the foundation for its data strategy.

Oil And Gas Exploration Vital For Decarbonisation Despite Investment Decline

KUALA LUMPUR, Nov 22 (Bernama) -- Investment in oil and gas exploration has plummeted two-thirds in the last decade,  but according to Wood Mackenzie's latest Horizons report, the sector remains crucial for decarbonisation and providing advantaged barrels in the energy transition.

Planworth Strengthens Brand, Competitiveness Through 2TM Platform

By Nurul Jannah Kamaruddin

KUALA LUMPUR, Nov 22 (Bernama) -- Planworth Global Factoring Sdn Bhd, a provider of invoice and supply chain financing, is set to strengthen its brand and competitiveness by joining the MADANI Two-Year Programme (2TM) starting today.

BNM's International Reserves Rise To US$118.0 Bln As At Nov 15, 2024

KUALA LUMPUR, Nov 22 (Bernama) -- Malaysia’s international reserves rose to US$118.0 billion (US$1=RM4.46) as at Nov 15, 2024, up from US$117.6 billion on Oct 30, 2024.

Bumi Armada Profit Rises 19 Pct To RM211.33 Mln In 3Q

KUALA LUMPUR, Nov 22 (Bernama) -- Bumi Armada Bhd’s net profit increased by 19 per cent to RM211.33 million in the third quarter ended Sept 30, 2024 (3Q FY2024) from RM177.77 million in the same period last year.