July 2024

KUALA LUMPUR,, SingleStore, the real-time data platform that helps users transact, analyse and contextualise their data, has launched a new accelerator programme for artificial intelligence (AI) startups in the Asia Pacific (APAC) region. In a statement, SingleStore said the programme furthers its vision to partner with businesses in the region to develop world-class AI applications…

KUALA LUMPUR,, The Retirement Fund Inc’s (KWAP) net income surged 36-times to RM9.7 billion for the financial year 2023 (FY2023) — its second highest figure since 2017– compared to RM263 million reported in 2022. Chief investment officer Hazman Hilmi Sallahuddin attributed this substantial growth to the challenging conditions of 2022, which saw KWAP encountering unrealised…

KUALA LUMPUR,, The implementation of targeted diesel subsidies is not expected to have a significant impact on inflation and economic growth, as the government has taken into account the rate of increase in diesel retail price and the cash assistance provided, the Finance Ministry (MoF) said. Therefore, the official 2024 forecasts for inflation and gross…

KUALA LUMPUR,, CelcomDigi Bhd has submitted its proposal on the deployment of Malaysia’s second 5G network to the Malaysian Communications and Multimedia Commission (MCMC) this morning. Its chief executive officer, Datuk Idham Nawawi said the proposal highlights CelcomDigi’s commitment to building an advanced 5G network and accelerating its adoption among consumers and businesses. ‘We believe…