SEOUL, The Ministry of Defence is considering to intensify the use of artificial intelligence (AI) technology in the military sector to further strengthen Malaysia’s defence capabilities. Defence Minister Datuk Seri Mohamed Khaled Nordin said that AI technology in the military was an inevitable advancement, as it is now being utilized globally across various sectors, including…
KUALA LUMPUR, Shares on Bursa Malaysia retreated at the close on Monday, reflecting a lack of investor interest influenced by concerns regarding developments in the United States (US) and uncertainty about the magnitude of US interest rate cuts. At 5 pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) dropped 1.63 points to 1,651.49, down from…
IPOH, The High Court today ordered two companies constructing a mini hydroelectric dam in Ulu Geruntum, Gopeng, to immediately vacate the Orang Asli customary land and halt the project. Judge Datuk Bhupindar Singh Gucharan Singh Preet also ordered Perak Hydro Renewable Energy Corporation Sdn Bhd and Conso Hydro R E Sdn Bhd to remove the…
KUALA LUMPUR, Those with information about alleged misconduct by GISB Holdings Sdn Bhd are advised to report it to the Department of Islamic Development Malaysia (JAKIM) said Minister in the Prime Minister’s Department (Religious Affairs) Datuk Dr Mohd Na’im Mokhtar. He said detailed information is essential for JAKIM to conduct a thorough investigation into GISB’s…
KUALA LUMPUR, The ringgit ended the day lower against the US dollar as a risk-off mode emerged, with investors continuing to favour the safe-haven currency due to a cautious global growth outlook, an economist said. Bank Muamalat Malaysia Bhd chief economist Dr Mohd Afzanizam Abdul Rashid said the scenario could drive the US Federal Reserve…
KUALA LUMPUR, The Kuala Lumpur rubber market closed lower on Monday as worries about the outlook of US and China economic growth weighed on sentiment. However, Japanese rubber futures advanced for a second straight session today, buoyed by a weaker yen and worries over persistent wet weather in top producer Thailand. “In China, The National…
