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Labour Market Outlook Remains Positive For Remainder Of 2024 — HLIB

October 11, 2024

Hong Leong Investment Bank Bhd (HLIB) expects Malaysia’s labour market outlook for the rest of 2024 to remain positive, with the unemployment rate likely to hold steady at around 3.2 per cent.

In a research note today, HLIB said the country’s stable…

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Alliance Bank Earns Spot At UN Global Compact Leaders Summit For ESG Advocacy

October 11, 2024

Alliance Bank Bhd has been recognised for its commitment to promoting environmental, social, and governance (ESG) adoption among small and medium-sized enterprises (SMEs) in Malaysia.

This recognition earned the bank an invitation to speak at the Un…

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Manufacturing Sales Value Rises 7.7 Pct To RM163.9 Bln In August — DOSM

October 11, 2024

The manufacturing sector’s August 2024 sales value reached RM163.9 billion, reflecting a year-on-year (y-o-y) increase of 7.7 per cent versus a decline of 3.3 per cent in the same month last year, according to the Department of Statistics Department …

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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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Top Glove’s Sales Growth Momentum To Sustain Into 2025 – RHB Research

October 11, 2024

Top Glove Corporation Bhd’s sales volume growth momentum is expected to be sustained into 2025 due to increased inventory restocking and potential shifts in trade caused by United States (US) tariffs on China, said RHB Research.

In a research note, …

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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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H2O.ai Partners Singtel’s Digital InfraCo To Deliver GenAI-as-a-Service

October 11, 2024

H2O.ai, the leader in open-source generative artificial intelligence (GenAI) has announced a strategic partnership with Singtel’s Digital InfraCo to bring GenAI-as-a-Service (GenAIaaS) to organisations across Asia Pacific (APAC).

This partnership br…

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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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MPC Launches Guidelines For EVs, Battery Management To Ensure Safety And Ecosystem Protection

October 11, 2024

The Malaysia Productivity Corporation (MPC) has launched the electric vehicle and battery management (EVBM) guidelines to ensure public safety, environmental protection and the sustainability of Malaysia’s EV ecosystem.

Investment, Trade and Industr…

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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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