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KUALA LUMPUR, July 9 (Bernama) -- Malaysia’s banking sector is strategically positioning itself to strengthen its regional leadership in responsible artificial intelligence (AI) deployment, as the technology enters a definitive new phase in which financial industry success is no longer judged by the sheer speed of technology adoption, but by the maturity and responsibility of its implementation.
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KUALA LUMPUR, July 9 (Bernama) -- Malaysian banks and development financial institutions (DFIs) are rapidly adopting artificial intelligence (AI), but many remain cautious about using AI for high-impact business decisions.
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KUALA LUMPUR, July 8 (Bernama) -- Malaysia’s energy transition will depend not only on expanding generation capacity but also on its ability to build a smarter, more integrated and more resilient power grid, an industry expert said.
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By Rosemarie Khoo Mohd Sani
KUALA LUMPUR, July 8 (Bernama) -- The ringgit closed higher today, strengthening against major currencies but easing against the US dollar as persistent geopolitical tensions in West Asia boosted demand for the safe-haven greenback, said an analyst.
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By Danni Haizal Danial Donald
KUALA LUMPUR, July 8 (Bernama) -- Late buying interest lifted Bursa Malaysia to a slightly higher close on Wednesday, reversing earlier losses and bucking the mixed performance across regional markets.
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KUALA LUMPUR, July 8 (Bernama) -- Record Asset Management GmbH (RAM), a subsidiary of London-listed Record Financial Group plc (Record), has launched Record Amanah, a platform offering Sharia-compliant investment solutions to institutional investors, as it expands its private markets business.
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KUALA LUMPUR, July 8 (Bernama) -- There is a need for banks to move beyond Artificial Intelligence (AI) adoption towards trusted implementation, backed by stronger governance, assurance, resilience and future-ready talent, said the Asian Institute of Chartered Bankers (AICB).
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KUALA LUMPUR, July 8 (Bernama) -- Bursa Malaysia turned marginally lower at midday today as mild profit-taking emerged in the late morning session, dampening market sentiment.
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KUALA LUMPUR, July 8 (Bernama) -- The government is streamlining policies and incentives to accelerate the development of the electric vehicle (EV) ecosystem, including expanding charging facilities nationwide, said Deputy Investment, Trade and Industry Minister Sim Tze Tzin.
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KUALA LUMPUR, July 8 (Bernama) -- Bank Negara Malaysia (BNM) is expected to maintain the overnight policy rate (OPR) at 2.75 per cent through 2026 on contained inflation and resilient domestic growth, said Kenanga Investment Bank Bhd (Kenanga IB).
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KUALA LUMPUR, July 8 (Bernama) -- Hong Leong Investment Bank Bhd (HLIB) has raised its 2026 and 2027 average crude palm oil (CPO) price assumptions by RM100 per tonne to RM4,450 per tonne and RM4,300 per tonne.
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KUALA LUMPUR, July 8 (Bernama) -- The ringgit opened higher against major currencies but eased against the US dollar on Wednesday as demand for the greenback strengthened amid escalating geopolitical tensions in West Asia.