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Banks' Asset Quality Resilient On Healthy Buffers, Proactive Risk Management - RAM

KUALA LUMPUR, Sept 4 (Bernama) -- Malaysian banks’ asset quality remains resilient, supported by healthy loss-absorption buffers and proactive credit risk management, RAM Ratings said.

MDEC Appointed National Strategic Digital Tech Validator And Implementing Agency For Digital AgTech Programme

KUALA LUMPUR, Sept 4 (Bernama) --  The Malaysia Digital Economy Corporation (MDEC) has been appointed by the Ministry of Agriculture and Food Security (KPKM) as the National Strategic Digital Technology Validator and implementing agency for the Digital AgTech Programme to drive digital transformation in the agri-food sector.

Research Banks Expect OPR To Remain At 2.75 Pct At November MPC

KUALA LUMPUR, Sept 4 (Bernama) -- Research houses expect Bank Negara Malaysia (BNM) to maintain the overnight policy rate (OPR) at 2.75 per cent at its final Monetary Policy Committee meeting in November, following yesterday’s decision to keep the rate unchanged.

Kerjaya Prospek Shares Rise On RM858 Mln Data Centre Contract Win

KUALA LUMPUR, Sept 4 (Bernama) -- Kerjaya Prospek Group Bhd (KPGB) shares rose in early trade today after the group secured an RM858 million contract for mechanical, electrical and plumbing (MEP) fit-out works at a data centre in Iskandar Puteri, Johor.

KLCI Futures Edge Higher In Early Trade

KUALA LUMPUR, Sept 4 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) futures contracts on Bursa Malaysia Derivatives edged higher in early trade on Friday.

Bursa Malaysia Opens Lower In Early Trade

By Abdul Hamid A Rahman

KUALA LUMPUR, Sept 4 (Bernama) -- Bursa Malaysia opened lower on Friday as investors took profits after two straight sessions of gains, although broader market sentiment remained supported by positive market breadth and gains on Wall Street overnight.

Ringgit Opens Firmer Vs US Dollar After BNM Holds OPR

By Fatin Umairah Abdul Hamid

KUALA LUMPUR, Sept 4 (Bernama) -- The ringgit opened firmer against the US dollar on Friday, buoyed by improved sentiment after Bank Negara Malaysia (BNM) kept its overnight policy rate (OPR) unchanged at 2.75 per cent.

Xiaomi Expands AIoT Lineup With Six New Products In Malaysia

KUALA LUMPUR, Sept 3 (Bernama) -- Xiaomi Malaysia is broadening its artificial intelligence of things (AIoT) product range by introducing five new smart home appliances along with its latest wearable, the Xiaomi Smart Band 11 Active.

Xiaomi Launches REDMI Note 17 Series, New Wearable Lineup In Malaysia

KUALA LUMPUR, Sept 3 (Bernama) -- Xiaomi Corporation today launched the REDMI Note 17 Series in Malaysia, comprising four new models including its first-ever Pro Max variant, alongside its latest lineup of smart wearables.

Haier Malaysia Launches Horizon Multi-Door Collection To Tackle Food Waste

KUALA LUMPUR, Sept 3 (Bernama) -- Haier Malaysia today unveiled its new Horizon Multi-Door Collection, featuring smart food preservation technologies aimed at helping Malaysian households keep groceries fresh for longer and reduce food waste.

CPO Futures Close Lower As Weak Soybean Oil, Higher Stock Expectations Weigh

By Nurunnasihah Ahmad Rashid

KUALA LUMPUR, Sept 3 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives ended lower on Thursday, tracking weakness in soybean oil futures, said a dealer.

EPIC's Unit Secures Marine Support Contract For Banang Field Operations

KUALA LUMPUR, Sept 3 (Bernama) -- Oil and gas (O&G) services provider EPIC Bhd’s subsidiary Konsortium Pelabuhan Kemaman Sdn Bhd (KPKSB) has been awarded a contract for the provision of two tug vessels with a bollard pull capacity of 50 to 60 tonnes to support Banang Field operations.