KL20: Malaysia Targets RM700 Mln Venture Capital Investments By 2030 -- Akmal Nasrullah

By Nurunnasihah Ahmad Rashid

KUALA LUMPUR, Oct 14 (Bernama) -- Malaysia is targeting RM700 million in venture capital (VC) investments and an estimated 2,000 to 3,500 additional active startup companies by 2030 through the KL20 initiative, said Minister of Economy Akmal Nasrullah Mohd Nasir.

SFD Inaugurates Kosovo’s Upgraded Pristina–Mitrovica Highway Section

KUALA LUMPUR, Oct 14 (Bernama) -- The Saudi Fund for Development (SFD) and the Government of Kosovo have inaugurated an upgraded section of the Pristina–Mitrovica Highway, the fund’s first completed project in Kosovo.

Budget 2027: Local Semiconductor Firms Must Move Up Value Chain -- Tengku Zafrul

KUALA LUMPUR, Oct 14 (Bernama) -- Local semiconductor companies must translate Budget 2027's allocation into greater participation in higher-value activities such as integrated circuit (IC) design, as Malaysia seeks to strengthen its position in the global semiconductor supply chain, said Tengku Datuk Seri Zafrul Abdul Aziz.

Acadian Launches Seaweed-Derived Tasco Animal Feed Technology Globally

KUALA LUMPUR, Oct 14 (Bernama) -- Acadian Animal Wellness, a division of Acadian Seaplants Limited and a leader in marine bioactive technologies for animal health, resilience, and performance, has launched its Tasco optimised feed technology globally for use in animal feed products.

Straive Named OpenAI Select Partner In Enterprise AI Push

KUALA LUMPUR, Oct 14 (Bernama) -- Data and artificial intelligence (AI) operationalisation company Straive has been named an OpenAI Select Partner within the OpenAI Partner Network, positioning it to work with the ChatGPT maker to help enterprises build, deploy and scale AI solutions.

LRN Taps Former Elsevier Executive Omar Malik To Lead APAC

KUALA LUMPUR, Oct 14 (Bernama) -- LRN Corporation, an ethics and compliance solutions provider, has appointed Omar Malik as Managing Director for Asia-Pacific (APAC) as the company steps up efforts to grow its presence in the region.

Investors In Malaysia Should Be Judged By Job Quality, Treatment Of Women – Tengku Zafrul

KUALA LUMPUR, Oct 14 (Bernama) -- Investors in Malaysia should be assessed on the quality of jobs they create and how they treat workers, particularly women, said Malaysian Investment Development Authority (MIDA) chairman Tengku Datuk Seri Zafrul Abdul Aziz.

FBM KLCI Ends Morning Session Higher On Buying In Selected Heavyweights

KUALA LUMPUR, Oct 14 (Bernama) -- Bursa Malaysia stayed higher at midday, supported by persistent buying in selected heavyweights, led by plantation and healthcare counters.

AmanahRaya Investment Management Temporarily Suspends Three Funds

KUALA LUMPUR, Oct 14 (Bernama) -- AmanahRaya Investment Management Sdn Bhd (ARIM) has temporarily suspended dealings in three unit trust funds under its management, namely, AmanahRaya Syariah Trust Fund (ARSTF), AmanahRaya Syariah Income Fund (ARSIF) and AmanahRaya Unit Trust Fund (ARUTF), effective yesterday.

Budget 2027 To Strengthen Rubber Glove Sector’s Resilience, Transformation – MARGMA

KUALA LUMPUR, Oct 14 (Bernama) -- Budget 2027 aims to strengthen Malaysia’s economic resilience, support industrial transformation and enhance workforce development in the rubber glove sector, said the Malaysian Rubber Glove Manufacturers Association (MARGMA).

FBM KLCI Ends Morning Session Higher On Buying In Selected Heavyweights

KUALA LUMPUR, Oct 14 (Bernama) -- Bursa Malaysia stayed higher at midday, supported by persistent buying in selected heavyweights, led by plantation and healthcare counters.

Holafly Unveils Ultra Plan Bundling eSIM Data With Healthcare

KUALA LUMPUR, Oct 14 (Bernama) -- Holafly, the global leader in eSIMs for travellers, has launched its Ultra Plan, a new subscription tier combining unlimited mobile data, health and wellbeing services, and help with travel disruptions.