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Malaysia-Hong Kong Dual IPO Listing Framework To Take Effect Next Month - Anthony Loke

KUALA LUMPUR, Aug 11 (Bernama) -- The simplified dual initial public offering (IPO) listing framework between Malaysia and Hong Kong will take effect next month, further strengthening capital market linkages between the two economies.

Mavenir Appoints Jitin Bhandari As EVP To Lead NeoCloud Expansion

KUALA LUMPUR, Aug 11 (Bernama) -- Mavenir has appointed Jitin Bhandari as Executive Vice President (EVP), NeoCloud Platform and Forward Deployment Engineering.

Government Bails Out TH With Over RM10 Bln To Restore Finances, Not Sell Assets

KUALA LUMPUR, Aug 11 (Bernama) -- The government rescued Lembaga Tabung Haji (TH) through a bailout exceeding RM10 billion due to mismanagement and embezzlement, to restore its financial position and not to take over the institution's assets, the Dewan Rakyat was informed today.

Singapore Raises 2026 GDP Growth Forecast To 4.5-5.5 Pct On Stronger Global AI Expenditure Outlook

By Anas Abu Hassan

SINGAPORE, Aug 11 (Bernama) -- The Ministry of Trade and Industry (MTI) has raised Singapore's 2026 gross domestic product (GDP) growth forecast to between 4.5 and 5.5 per cent, raising it from an earlier projection of 2.0-4.0 per cent.

Businesses, Public Play Vital Role In Strengthening Malaysia’s Energy Security Amid Geopolitical Tensions

By Harizah Hanim Mohamed

KUALA LUMPUR, Aug 11 (Bernama) -- Businesses and the public have a vital role in supporting   Malaysia’s energy security, which has become increasingly important, as global geopolitical tensions continue to disrupt the energy landscape.

Govt Faced RM74.5 Bln Liability Risk If ‘Bank Run’ Occurred In 2018

KUALA LUMPUR, Aug 11 (Bernama) -- The government risked assuming liabilities of about RM74.5 billion if a massive panic withdrawal, or “bank run”, had occurred in 2018, said Minister in the Prime Minister’s Department (Religious Affairs) Dr Zulkifli Hasan.

Space42, Autonomous A2Z Sign US$7 Mln Agreement For UAE Level-4 Mobility

KUALA LUMPUR, Aug 11 (Bernama) -- Space42, a United Arab Emirates (UAE)-based artificial intelligence (AI)-powered SpaceTech company, and South Korea’s Autonomous A2Z (A2Z) have signed a US$7 million commercial agreement to deploy Level-4 autonomous mobility solutions in the UAE. (US$1=RM4.09)

Beanstalk Launches Monsoon Ventures To Support Southeast Asian Agtech 

KUALA LUMPUR, Aug 11 (Bernama) -- Beanstalk AgTech has launched Monsoon Ventures, a new venture studio in Singapore backed by Enterprise Singapore (EnterpriseSG) and Rabo Foundation, to support founders in Southeast Asia in commercialising agricultural technology (agtech) solutions.

TH RCI: Debate Should Focus On Ending Political Interference, Says Academic

KUALA LUMPUR, Aug 10 (Bernama) -- Tomorrow's parliamentary debate on the Royal Commission of Inquiry (RCI) report on Lembaga Tabung Haji (TH) should focus on ensuring there is no political involvement or interference in the institution's administration, a business academic said.

Quarterly Performance Disclosure Could Boost Confidence In Tabung Haji

KUALA LUMPUR, Aug 10 (Bernama) -- Tabung Haji (TH) should announce its financial and investment performance on a quarterly basis -- as practised by the Employees Provident Fund (EPF) -- as a measure to strengthen transparency and boost depositor confidence.

MN Holdings' JV Clinches RM122.31 Mln Works Contract From TNB

KUALA LUMPUR, Aug 10 (Bernama) -- Infrastructure utilities construction and engineering services provider MN Holdings Bhd’s wholly owned subsidiary MN Utilities Engineering Sdn Bhd has clinched a works contract from Tenaga Nasional Bhd (TNB) worth RM122.31 million.

Inta Bina Bags RM115.65 Mln Construction Contract From Sime Darby Property

KUALA LUMPUR, Aug 10 (Bernama) -- Inta Bina Group Bhd’s wholly-owned subsidiary, Inta Bina Sdn Bhd, has secured a main building works contract worth RM115.65 million from Sime Darby Property (KL East) Sdn Bhd.