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K2 Global Raises US$200 Mln For AI Investment

KUALA LUMPUR, Aug 12 (Bernama) -- K2 Global, founded by solo venture capitalist Ozi Amanat, has announced US$200 million in capital commitments focused on artificial intelligence (AI), robotics, compute infrastructure, semiconductors, national security and next-generation healthcare technologies. (US$1=RM4.08)

Haikou-Penang Direct Flights To Take Off Oct 11

GEORGE TOWN, Aug 12 (Bernama) -- The Haikou-Penang direct flight service will be launched on Oct 11, making Haikou the ninth Chinese city to have a scheduled direct air link with Penang, said State Tourism and Creative Economy Committee chairman Wong Hon Wai.

Wolters Kluwer CPM Platform Streamlines Longcheer’s Finance Operations

KUALA LUMPUR, Aug 12 (Bernama) -- Wolters Kluwer, a global leader in professional information, software solutions and services, has announced the successful go-live of the CCH Tagetik Corporate Performance Management (CPM) platform at Longcheer, a global provider of intelligent products and services.

RE Players Need More Flexible Risk Assessment To Boost Project Bankability – SEDA

KUALA LUMPUR, Aug 12 (Bernama) -- Securing project bankability and adapting conventional risk assessment approaches are among the challenges facing Malaysia’s renewable energy (RE) sector, despite the availability of green financing and financial institutions’ environmental, social and governance (ESG)  commitments.

Wholesale, Retail Trade Sales Hit RM168.50 Bln In June 2026 -- DOSM

KUALA LUMPUR, Aug 12 (Bernama) -- Malaysia’s wholesale and retail trade increased 10.1 per cent year-on-year (y-o-y) in June 2026, with sales hitting RM168.5 billion, supported by positive growth across all three sub-sectors, according to the Department of Statistics Malaysia (DOSM).

Teleport, Avalon Airport Partner To Establish Victoria Operations Hub

KUALA LUMPUR, Aug 12 (Bernama) -- Capital A’s logistics venture and e-commerce logistics specialist, Teleport, has signed a partnership agreement with Avalon Airport Melbourne to establish Avalon as Teleport’s latest strategic operations hub in Victoria, Australia.

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.

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.

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.

MITI Continues To Strengthen E&E Sector To Ensure Malaysia Remains Global Technology Supply Player

GEORGE TOWN, Aug 10 (Bernama) -- The Ministry of Investment, Trade and Industry (MITI) will continue to empower the electrical and electronics (E&E) sector to ensure Malaysia remains an important player in the global technology supply chain.

ADTEC, Asian Supply Base Ink MoU To Strengthen Technical Talent Development

By Jailani Hasan

LABUAN, Aug 9 (Bernama) -- ADTEC (Advanced Technology Centre) under the Manpower Department (JTM) and Asian Supply Base Sdn Bhd (ASB) have formalised a strategic collaboration to strengthen technical talent development and enhance industry exposure for trainees.

Malaysia Can Emerge As A Global Pioneer In Shariah-Compliant Digital Finance

By Fatin Umairah Abdul Hamid

KUALA LUMPUR, Aug 9 (Bernama) -- Malaysia possesses the necessary ingredients to be a global pioneer in Shariah-compliant digital finance, driven by the emergence of blockchain innovation and efforts to develop the world's first Shariah-compliant products within crypto banks, a global mobility entrepreneur said.