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CelcomDigi Inks MoU With South Korea's SK Telecom To Collaborate On AI Initiatives

SEOUL, Sept 30 (Bernama) -- CelcomDigi Bhd and South Korea’s leading wireless telecommunications operator, SK Telecom Co Ltd, have inked a memorandum of understanding (MoU) to collaborate on artificial intelligence (AI) initiatives.

Bursa Malaysia Opens Lower Amid Wall Street's Record Gains

KUALA LUMPUR, Sept 30 (Bernama) -- Bursa Malaysia opened marginally lower on Monday as some investors engaged in profit-taking, reflecting cautious sentiment across regional markets, despite last week's record gains on Wall Street, according to an analyst.

Bursa Malaysia Likely To Rebound Next Week

KUALA LUMPUR, Sept 28 (Bernama) -- Bursa Malaysia is expected to stage a rebound next week, driven by spillover effects from the robust rallies in both China and the United States (US) markets.

TikTok Shop Records 2.2 Times Sales Growth In 1H 2024

KUALA LUMPUR, Sept 27 (Bernama) -- TikTok Shop saw a 2.2 times growth in sales, a 1.8 times increase in sellers, and a 1.8 times rise in affiliate creators year-over-year in the first half (1H) of 2024.

Malaysian Data Centre Market To Further Expand On Demand Surge - CBRE

ISKANDAR PUTERI, Sept 27 (Bernama) -- The data centre market in Malaysia is growing rapidly and will continue to expand further as the current supply of data centres in the country is still insufficient to cater for the increasing demand, according to CBRE Group Inc.

ADE Poised To Be Capital A’s First Business To Be Listed On Bursa - Fernandes

SEPANG, Sept 26 (Bernama) -- Asia Digital Engineering (ADE), the maintenance, repair and overhaul (MRO) subsidiary of Capital A Bhd,  is poised to be Capital A's first business unit to be listed on Bursa Malaysia, said Capital A chief executive officer Tan Sri Tony Fernandes. 

Malaysia’s Digital Gaming Content Exports Expected To Show Significant Potential In 2024

By Durratul Ain Ahmad Fuad

TOKYO, Sept 26 (Bernama) -- Malaysia's digital gaming content exports are expected to show significant potential this year, with Japan emerging as a key market, amid global projections of the gaming industry reaching US$187.7 billion in 2024. 

Budget 2025: CTIM Calls For Reevaluation Of Individual-based Income Tax Model

KUALA LUMPUR, Sept 26 (Bernama) -- The Chartered Tax Institute of Malaysia (CTIM) has proposed that the government redefine the current classifications of the B40, M40, and T20 income tax models to reflect the evolving economic landscape.

UEM Sunrise Achieves 100 Pct Take-up Rate For 3 Projects With RM499 Mln GDV

ISKANDAR PUTERI, Sept 26 (Bernama) -- UEM Sunrise Bhd achieved a take-up rate of 100 per cent during the preview of its developments -- Aspira Hills, DiReka Square, and Aspira LakeHomes -- with a combined gross development value (GDV) of RM499 million.

Magma Proposes Capital Reduction, Land Acquisition, Amendment Of Group's Constitution

KUALA LUMPUR, Sept 24 (Bernama) -- Magma Group Bhd (formerly known as Impiana Hotels Bhd) has proposed to undertake a reduction of its share capital pursuant to Section 116 of the Companies Act, 2016. 

AirAsia Cambodia’s Siem Reap-Singapore Route To Propel the Kingdom’s Aviation Sector

From Vijian Paramasivam

PHNOM PENH, Sept 24 (Bernama) -- AirAsia Cambodia announced a strategic move to launch its new Siem Reap to Singapore route by targeting the year-end rising passenger traffic that will help to spur the domestic aviation sector.

AM Best: Favourable Rating Changes For APAC (Re) Insurers Despite Geopolitical Uncertainty

KUALA LUMPUR, Sept 23 (Bernama) -- AM Best in its new report revealed that long-term issuer credit rating (Long-Term ICR) upgrades exceeded downgrades for its rated Asia-Pacific (APAC) (re)insurers in 2023, driven predominantly by improved balance sheet strength and favourable operating performance.