With 94% of Malaysian companies gearing up for an artificial intelligence (AI) driven future, National Technology and Innovation Sandbox (NTIS) together with NVIDIA has launched an AI pilot sandbox programme.

MOHE estimates 13,000 new AI talents by 2026

KUALA LUMPUR (April 18): Global video game commerce company Xsolla, Inc has collaborated with Curine Ventures to launch the Xsolla Curine Academy (XCA) in KL Eco City.

Xsolla Curine Academy launched to foster growth in game development industry

Wherever you stand on the development of AI one thing is certain — in its various forms, AI will have the single biggest impact across industries not witnessed since the emergence of the internet. It will define modernisation, becoming a de facto tool for everything from research and development through to production and post-sales services. It will, as the International Monetary Fund recently suggested, “transform the global economy”.

Lowering barriers to entry: Why an affordable open cloud infrastructure is key to AI-driven innovation

Qrator Labs, a provider of distributed denial-of-service (DdoS) attack mitigation services, found that in 1Q2023, cyberattacks grew by 22% compared to the previous quarter. In addition, searches for cyber defence solutions doubled during Ramadan.

The recent research underscores a concer...

Red Alert: Significant increase in cyberattacks during Ramadan

The internet has evolved into a breeding ground for various nefarious activities, including misinformation, hate speech and cyberbullying.

In light of this, how can we ensure our safety and security online? Are there viable means to hold offenders accountable or report scams and problem...

Listicle: Safeguarding netizens

When the Inland Revenue Board (IRB) announced last year its intention to introduce mandatory e-invoicing for local companies by July 2025, it meant that Malaysia would join 40 countries around the world in implementing e-invoicing as part of the country’s measures to modernise and digitalise its ...

Accounting: Navigating the road to e-invoicing

The global impact of social enterprises is significant and transformative. As highlighted in “The State of Social Enterprise 2024”, developed with contributions from the Schwab Foundation’s Global Alliance for Social Entrepreneurship, there are about 10 million social enterprises globally, contri...

Solutions: Emerging technologies shaping the future of social enterprise

The potential for deepfakes to sway public opinion and influence the outcome of India’s Lok Sabha is raising red flags throughout the cyber community. While Indians are deciding on which candidate best represents their views, deepfakes and generative technologies make it easy for manipulators to ...

Solutions: Navigating the mirage: Deepfakes and the quest for authenticity in a digital world

In 2018, the Penang government unveiled its Penang2030 vision for a family-focused, green and smart state. One of the foundational projects for achieving this is Digital Penang, a state government-linked agency whose aim is to create a connected, creative and competitive society. Central to this ...

Cover Story: Driving Penang’s digital transformation

A group of farmers have 10 eggs to sell and there are three prospective buyers, Mr A, B and C. Each buyer has RM100. Mr A makes an offer of RM100 for all 10 eggs. Mr B, however, eagerly bids RM50 for just a couple of the eggs, pricing them at RM25 apiece. Mr C comes out with the big guns and make...

Book Review: Moving into a new form of money

When the Collaborative Research in Engineering, Science and Technology (CREST) announced that the government was providing it with a RM30 million upskilling grant to address the talent gap, Jaffri Ibrahim, CEO of CREST, was glad that the grant’s focus was on the aerospace and medical device indus...

Issues: RM30 mil to grow local talent pool in two key industries

The arrival of 5G in Malaysia has prompted mobile network operators (MNOs) to upgrade their networks to accommodate this change with small cells, antennas and other infrastructure.

With this, the local telecommunications ecosystem is experiencing a notable separation of traditional netw...

Network: Moving forward in the digital age

NEWS

M+ Online and M+ Global merge into all-in-one global trading platform

M+ Online, a trading application by Malacca Securities, has been integrated with M+ Global, the newly launched global trading platform, as it now offers traders a...

Bits + Bytes: A Miscellany of Technology

Environmental, social and governance (ESG), corporate social responsibility (CSR) and sustainable business practices are currently areas that businesses are actively investing in.

Apart from environmental protection and social welfare, corporate governance is a crucial aspect that canno...

Toolkit: Key strategies for sustainable disaster preparedness

Indonesia said fiscal and monetary policies are in sync to cushion the economy from the rising dollar, demonstrating an all-hands-on-deck approach, with the central bank signalling they’re intervening more actively to aid the rupiah.

Indonesia takes steps to shield economy from strong dollar

Israel launched an attack on Iranian soil on Friday, sources said, in the latest tit-for-tat exchange between the two arch foes, whose decades of shadow war has broken out into the open and threatened to drag the region deeper into conflict.

Israel attacks Iran, Reuters reports, as drones shot down over Isfahan 

Five Japanese nationals survived a suicide bomb attack on their vehicle on Friday, as police in Pakistan's city of Karachi shot down a gunman accompanying the bomber, a police spokesperson said, but two passers-by were injured.

Five Japanese nationals escape Pakistan suicide blast attack

KUALA LUMPUR (April 19): Oil-and-gas services firm Yinson Holdings Bhd said on Friday that its indirect wholly owned subsidiary Yinson Production Offshore Pte Ltd (Yinson Production) has successfully placed a US$500 million five-year senior secured bond issue.

Yinson’s unit places US$500 mil five-year senior secured bonds

Sime Darby Property Bhd, Malaysia’s biggest developer in terms of landbank, has secured commitment for the remaining 30% of its industrial development fund to close at RM1 billion.

Sime Darby Property gets commitment for balance 30% of RM1b industrial development fund

EG Industries Bhd has secured a second letter of intent (LOI) from US-based Cambridge Industries Group (CIG) to produce a new 1.6 terabit optical signal transmitter and receiver for a 5G wireless network at EG Industries’ new smart factory 4.0 in Penang.

EG Industries expands partnership with US-based Cambridge Industries Group

KUALA LUMPUR (April 19): The Malaysia External Trade Development Corporation (Matrade) will enhance cross-border e-commerce among small and medium enterprises by partnering Amazon in a programme that allows products to be sold internationally via Amazon’s e-stores.

Matrade, Amazon collaborate to enhance cross-border e-commerce among SMEs

KUALA LUMPUR (April 19): MKH Oil Palm (East Kalimantan) Bhd’s initial public offering (IPO) has been oversubscribed by 8.43 times ahead of its listing on the Bursa Malaysia Main Market on April 30.

Main-Market bound MKH Oil Palm’s IPO oversubscribed by 8.43 times

West Ham United forward Michail Antonio criticised the refereeing in Thursday's Europa League quarter-final against Bayer Leverkusen and said his side were "playing against 14".

West Ham's Antonio hits out at officials after Europa exit

Saudi Arabia will need a higher oil price than previously thought this year as the Opec+ leader spearheads the group’s production cuts, according to the International Monetary Fund.

Saudi Arabia needs oil price near US$100, IMF says

Israel launched an attack on Iranian soil on Friday, sources said, in the latest tit-for-tat exchange between the two arch foes, whose decades of shadow war has broken out into the open and threatened to drag the region deeper into conflict.

Shares of Awanbiru Technology Bhd (Awantec) fell as much as 53% on Friday, prompting Bursa Malaysia to suspend the counter’s intraday short selling (IDSS).&nbsp;

Awantec shares plunge 53%, intraday short selling suspended 

PIE Industrial Bhd, whose share price extended its rally to a new all-time high on Thursday on reports that it has secured a new customer, confirmed the matter and said it is expecting the new customer to contribute an additional RM2.5 billion revenue to the group, of which RM1 billion will be recognised as early as next year.

PIE Industrial confirms bagging new client, expects additional RM2.5 bil revenue

Shares of Sapura Energy Bhd will be suspended from trading pending an announcement, the company said on Friday.

Trading in Sapura Energy suspended pending announcement 

The oil-rich Malaysian state of Sarawak in Borneo is aiming to transform itself into a centre for clean hydrogen energy, betting that its ability to harness an abundance of hydropower can help it defy challenges that are clouding the fuel’s prospects elsewhere.

 Sarawak aiming to transform itself into a centre for clean hydrogen energy

RHB Investment Bank Bhd (RHB IB) on Friday upgraded Public Bank Bhd to “buy” from “neutral”, with a higher target price (TP) of RM4.80 (from RM4.70).

RHB upgrades Public Bank to ‘buy’, raises target price to RM4.80

Asian shares and bond yields sank on Friday while safe-haven currencies, gold and crude oil jumped after reports Israel attacked Iran in a continuing series of assaults that have increased concerns of a wider Middle East conflict.

Stocks sink, oil jumps after Israeli attack on Iran

Malaysia's economy grew by 3.9% in the first quarter of 2024 (1Q2024), as compared to 3.0% in the previous quarter, according to Department of Statistics Malaysia (DOSM) advance gross domestic product (GDP) estimates.

Malaysia's economy grew 3.9% in 1Q2024, advance estimate shows

Apple said on Friday it had removed Meta Platforms' WhatsApp and Threads from its App Store in China after being ordered to do so by the Chinese government, which cited national security concerns.

Apple pulls WhatsApp, Threads from China app store after Beijing order

The Malaysian rubber glove industry has demonstrated resilience and adaptability amidst challenging global dynamics, with optimism for a rebound in 2024, with an anticipated surge to approximately 450 billion pieces by 2027 despite a downturn in 2023, according to the Malaysian Rubber Glove Manufacturers Association (Margma).

Margma optimistic of rebound in 2024, expects surge to 450 billion pieces by 2027

The escalating tensions in the Middle East have influenced market sentiment and shifted investors' emphasis to the energy, finance and plantation sectors, which helped boost the FBM KLCI higher by midday on Friday.

KLCI up 0.43% with focus on energy, plantation, financial stocks

Bursa Malaysia Bhd’s core net profit may have risen 34% in the first quarter, from a year earlier, on higher securities and derivatives trading activity when the exchange operator reports its results, Hong Leong Investment Bank said.

Bursa Malaysia 1Q earnings likely up 34% y-o-y, HLIB projects

Malaysia’s exports contracted at a slower than expected pace in March mainly due to lower foreign demand for electronics while shipments to China fell, official data Friday showed.

Malaysia’s March exports down 0.8%, imports surge 12.5%

The US on Thursday effectively stopped the United Nations from recognising a Palestinian state by casting a veto in the Security Council to deny the Palestinian Authority full membershipof the world body.

US stops UN from recognising a Palestinian state through membership

RHB Retail Research said Inari Amertron Bhd is poised to challenge the RM3.27 resistance level once again, which would make this its fourth attempt this year.

Inari poised to challenge RM3.27 resistance, says RHB Retail Research 

The amount of reserves in banking system — a key determinant for the Federal Reserve to continue shrinking its balance sheet — dropped by the most in two years as Americans paid income tax bills out of their bank accounts.

US bank reserve balances see largest drop since 2022 tax season

The planned merger of Axiata Group Bhd, Malaysia’s largest telecommunications company by revenue, with India’s Bharti Airtel Ltd raises concerns as the latter's subsidiary Airtel Lanka is currently a loss-making company, analysts said.

Malaysia’s Axiata merger with Bharti Airtel of India raises earnings concern — analysts

KUALA LUMPUR (April 19): MKH Oil Palm (East Kalimantan) Bhd’s initial public offering (IPO) has been oversubscribed by 8.43 times ahead of its listing on the Bursa Malaysia Main Market on April 30.&nbsp;

Melaka State Secretary Datuk Zaidi Johari died of a heart attack this morning. He was 54.

According to a statement from the Melaka Chief Minister’s Office, Zaidi breathed his last at about 8.15am at Hospital Melaka here.

Melaka State Secretary Zaidi dies of heart attack

Cocoa futures hit a new high in New York — topping US$11,000 (RM52,624) a metric tonne — as the pace of processing in chocolate factories holds up even in the face of a global supply crunch and record prices.

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