Ali Baba Cloud under Ali Baba Group, Kuala Lumpur City Hall and Malaysia Digital Economic Corporations collaborate in a project referred as Malaysia City Brain to improve city management. The first phase of the project involves improving traffic system with the help of artificial intelligence and cloud computing. This is the first project implemented outside China.Malaysia Digital […]
Read MorePETALING JAYA: Malaysian business leaders’ overall optimism surged to 6% in the fourth quarter of 2017, a sharp rebound from a negative 36% a year ago, according to Grant Thornton’s quarterly business survey. Country managing partner at Grant Thornton Malaysia Datuk NK Jasani said more than half of the business leaders are expecting higher profits in […]
Read MoreKUALA LUMPUR, Jan 30: Bank Islam Malaysia Bhd (BIMB) is revising its Base Rate (BR) from 3.65 per cent to 3.90 per cent and Base Financing Rate from 6.60 per cent to 6.85 per cent, effective today. Chief Executive Officer, Khairul Kamarudin said the rate revision was due to the rise in Bank Negara Malaysia’s Overnight […]
Read MoreKUALA LUMPUR: The ringgit opened lower against the US dollar today and on the back of mild profit taking and subdued global crude oil prices, dealers said. At 9.00 am, the ringgit stood at 3.8930/8960 against the greenback from Monday’s close of 3.8790/8840. The benchmark Brent crude recorded a 1.41 per cent decline to US$69.16, […]
Read MoreKUALA LUMPUR, Jan 29: PropertyGuru Malaysia’s latest consumer sentiment survey showed that 57 per cent of buyers in the country looking to transact properties in the next six months. Country Manager, Sheldon Fernandez said a significant number of buyers had modified their budgets and more prepared to transact. “With smaller budgets, they perhaps are better able […]
Read MoreKUALA LUMPUR: Palm oil output in the world’s top two producing countries is forecast to climb to new highs this year as output fully recovers from its El Nino-stunted 2017 level, pushing 2018 average prices down by 7 percent from last year, a Reuters poll showed. Benchmark prices are forecast to average 2,620 ringgit ($676.30) […]
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Thailand
