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454 Students Graduate From Sidec's ASEM Semiconductor Programme

KUALA LUMPUR, July 28 (Bernama) -- A total of 454 students have graduated from the Advanced Semiconductor Academy Malaysia (ASEM) semiconductor programme run by the Selangor Information Technology and Digital Economy Corporation (Sidec).

Pay Growth Lags Productivity, Wage-Setting System Needs Review — BNM Deputy Governor

KUALA LUMPUR, July 28 (Bernama) -- Bank Negara Malaysia (BNM) sees the country’s wage growth has lagged productivity growth and believes there is a need to review its wage-setting system, particularly how adjustments to the minimum wage translate into wages at higher levels.

Delta Electronics Expands Malaysia Footprint With New Johor Bahru Office

JOHOR BAHRU, July 28 (Bernama) -- Taiwan’s Delta Electronics Inc, a power management and smart green solutions company, is strengthening its presence in Malaysia with the opening of a new office in Johor Bahru, located at the Southern Industrial and Logistics Clusters (SiLC) in Iskandar Puteri.

Ringgit Higher Against Major Currencies, Eases Against Greenback At Close

By Abdul Hamid A Rahman

KUALA LUMPUR, July 28 (Bernama) -- The ringgit closed higher against most major currencies but eased against the greenback on Tuesday amid cautious investor sentiment ahead of the US Federal Reserve’s (Fed) interest rate decision later this week.

Bursa Malaysia Ends Slightly Lower On Caution Ahead of Fed Meeting, Tech Earnings

By Zufazlin Baharuddin and Fatin Umairah Abdul Hamid

KUALA LUMPUR, July 28 (Bernama) -- Bursa Malaysia closed marginally lower on Tuesday as investors turned cautious ahead of a busy week featuring the US Federal Reserve’s (Fed) policy meeting and earnings releases from major US technology companies.

Vaseehar Hassan Appointed AmanahRaya Chairman

KUALA LUMPUR, July 28 (Bernama) -- Amanah Raya Bhd (AmanahRaya) has appointed Datuk Seri Dr Vaseehar Hassan Abdul Razack as its chairman.

Univar Solutions Acquires Interpur Chemicals To Expand EMEA Reach

KUALA LUMPUR, July 28 (Bernama) -- Univar Solutions LLC (Univar Solutions) has acquired Interpur Chemicals, a distributor of polyurethanes and powder coatings in Europe, expanding its Performance Materials business and regional capabilities across Europe, the Middle East, and Africa (EMEA).

Chery Auto Surpasses 20 Million Global Sales

KUALA LUMPUR, July 28 (Bernama) -- Global automotive manufacturer, Chery Automobile Co Ltd (Chery Auto) announced that its cumulative global sales had surpassed 20 million units, marking another milestone in the company's global expansion.

InterSystems Launches AI Assistant For Enterprise Data Access

KUALA LUMPUR, July 28 (Bernama) -- InterSystems, a creative data technology provider, has announced the general availability of InterSystems Data Studio AI Assistant, a new generative artificial intelligence (AI)-powered extension for InterSystems Data Studio.

United Asiapac Energy Launches IPO At 35 Sen A Share

KUALA LUMPUR, July 28 (Bernama) -- Oil and gas services firm United Asiapac Energy Bhd has launched its initial public offering (IPO) at an issue price of 35 sen per share, with its listing on the ACE Market of Bursa Malaysia Securities Bhd scheduled for Aug 19.

Axe Compute Secures US$1.5 Bln AI Infrastructure Agreement

KUALA LUMPUR, July 28 (Bernama) -- Axe Compute Inc, a neocloud artificial intelligence (AI) infrastructure company, has announced a new five-year customer agreement with a total committed contract value of over US$1.5 billion to deploy a dedicated AI infrastructure cluster powered by NVIDIA Blackwell in the United States (US). (US$1=RM4.08)

Mi Equipment To Expand Advanced Packaging R&D, Manufacturing Capacity In Penang

GEORGE TOWN, July 28 (Bernama) -- Mi Equipment (M) Sdn Bhd will continue expanding its research and development (R&D) capabilities and manufacturing capacity in Penang as it strengthens its position as a global player in the advanced semiconductor packaging industry.