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Home » Archives for October 11, 2024 » Page 17

October 11, 2024

Malaysia Could Supercharge FDI Through Budget 2025 Initiatives – Analysts

October 11, 2024

Malaysia could supercharge its foreign direct investment (FDI) through Budget 2025 by offering bold tax incentives, streamlined regulations, and targeted sector support, said analysts.

SPI Asset Management managing partner Stephen Innes said cutting…

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Public Bank, LPI Capital Shares Down Amid Proposed Acquisition Announcement

October 11, 2024

The share prices of Public Bank Bhd and LPI Capital Bhd contracted following the news of the bank’s proposed acquisition of a 44.15 per cent stake in LPI Capital Bhd to provide a more comprehensive service offering.

At 10.36 am, Public Bank’s share …

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FreedomPay-Stripe Partnership To Facilitate Businesses Unify Commerce

October 11, 2024

FreedomPay, an innovative leader in Next Level Commerce technologies has partnered Stripe, a financial infrastructure platform for businesses, to make it easier for enterprises to unify commerce.

According to FreedomPay, the partnership makes it pos…

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Malaysia-Canada Economic Ties Strengthen With 41 Pct Trade Increase

October 11, 2024

Malaysia and Canada are deepening their economic ties, with bilateral trade reaching RM8.05 billion as of August 2024, marking a significant 41 per cent increase year-on-year, according to the Ministry of Investment, Trade and Industry (MITI).

MITI …

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Global Rate Cuts Signal Policy Shifts, But Malaysia Takes A Measured Approach

October 11, 2024

The rate cuts in several countries worldwide reflect a global shift in monetary policy towards easing, driven by differing domestic economic conditions, said an analyst.

Mohd Sedek Jantan, the head of investment research at UOB Kay Hian Wealth Advis…

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Malaysia Sees Prospects To Establish Cooperation With Canada In Halal Sector — Tengku Zafrul

October 11, 2024

Malaysia sees prospects to introduce cooperation with Canada in the halal sector, said Minister of Investment, Trade and Industry (MITI) Tengku Datuk Seri Zafrul Abdul Aziz.

With over 1.15 million Muslim residents in Canada, the demand for halal pro…

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SambaNova Collaborates With Canvass To Provide Complete AI Platform In South Asia, EMEA

October 11, 2024

SambaNova Systems has teamed up with Canvass AI (Canvass), a leader in generative artificial intelligence (GenAI) enterprise solutions, to drive fast adoption of vertically-integrated AI Solutions, inference and training to South Asia and Europe, Mid…

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NXHD Completes Acquisition Of German’s Simon Hegele, Becoming A Fully Owned Subsidiary

October 11, 2024

Nippon Express Holdings Inc (NXHD) has announced the successful completion of its acquisition of all shares in German-based SH HoldCo GmbH (Simon Hegele), a group of companies specialising in contract logistics in the healthcare industry.

According …

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Inkia Energy Secures Environmental Approval For Solar Power Plant Expansion In Peru

October 11, 2024

Inkia Energy, through its wholly-owned subsidiary Kallpa, has received environmental approval for the expansion of its solar power plant currently under construction in Southern Peru, a global solar resource hub.

According to Inkia Energy in a state…

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Thredd Wraps Up Successful Q3 With Fintech Transaction Volumes, New Issuer Signings

October 11, 2024

Thredd, a next-generation payments processor, reported positive third quarter (Q3) results with 2024 on track to outperform all prior years, powered by a 20 per cent increase in transactions, key global client wins, programme expansions and growth in…

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