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Bursa Malaysia Ends Lower Amid Elevated US Treasury Yields, Tech Weakness

KUALA LUMPUR, Aug 19 (Bernama) -- Bursa Malaysia ended lower on Wednesday, as elevated United States (US) Treasury yields and weakness in technology stocks weighed on investor sentiment, an analyst said.

Bursa Malaysia Remains Lower At Midday

KUALA LUMPUR, Aug 19 (Bernama) -- Bursa Malaysia remained lower at midday, tracking the downbeat performances on Wall Street overnight and regional markets, amid escalating tensions in West Asia.

Penang Port Explores AI To Drive Smarter, Greener Operations

GEORGE TOWN, Aug 19 (Bernama) -- Penang Port Commission (PPC) is exploring the use of artificial intelligence (AI) to optimise port operations, reduce equipment idling and energy consumption, and accelerate its transformation into a smarter, lower-carbon maritime hub.

JS-SEZ Drives Shift To 'Cross-border Innovation', Says Automationsg

JOHOR BAHRU, Aug 19 (Bernama) -- The Johor-Singapore Special Economic Zone (JS-SEZ) serves as a transformative regional gateway by unlocking structural synergies between the two economies, shifting the paradigm from basic cross-border trade to cross-border innovation.

Templafy Launches Free AI Agent For PowerPoint Presentations

KUALA LUMPUR, Aug 19 (Bernama) -- Templafy, the agentic document generation platform, has launched the Templafy Agent Add-In, a free artificial intelligence (AI) agent that enables users to create, edit and review presentations without leaving PowerPoint.

Rystad Energy To Launch AI-Native Spektra Platform Globally

KUALA LUMPUR, Aug 19 (Bernama) -- Rystad Energy will officially launch Spektra, its artificial intelligence (AI)-native market intelligence platform, at its Innovate online event on Aug 20, marking the platform's move to full commercial availability.

Bursa Malaysia Opens Lower On Profit-taking Amid Geopolitical Uncertainties

KUALA LUMPUR, Aug 19 (Bernama) --  Bursa Malaysia opened lower on Wednesday, weighed down by profit-taking following the previous session’s gains, amid ongoing geopolitical uncertainties.

Tencent Cloud Establishes Its First Malaysian Cloud Region In Johor

KUALA LUMPUR, Aug 18 (Bernama) -- Tencent Cloud has established its first cloud region in Malaysia, comprising up to three availability zones in Johor, as the company strengthens its cloud and artificial intelligence (AI) infrastructure to support enterprises in the country.

Commodity, Plantation Stocks Lift Bursa Malaysia To End Higher

KUALA LUMPUR, Aug 18 (Bernama) -- Bursa Malaysia ended higher on Tuesday, outperforming most regional markets as investors continued to rotate towards commodity and plantation-related stocks, an analyst said.

THL Partners Makes Majority Investment In Queue-it

KUALA LUMPUR, Aug 18 (Bernama) -- THL Partners (THL), a private equity firm investing in middle-market growth companies, has announced a definitive agreement for a majority investment in Queue-it, an online traffic orchestration solutions provider.

Malaysia Must Capture More Domestic Value From Global Trade Reconfiguration - McKinsey

KUALA LUMPUR, Aug 18 (Bernama) -- Malaysia needs to capture more domestic value from the ongoing reconfiguration of global trade and technological change, with the country’s next phase of growth dependent on stronger local capabilities, globally competitive companies and the ability to move up the value chain. 

Digital Economy On Track To Account For 30 Pct Of GDP By 2030

KUALA LUMPUR, Aug 18 (Bernama) -- The digital economy is on the right track to account for 30 per cent of the nation’s gross domestic product (GDP) by 2030, said Digital Minister Gobind Singh Deo.