<div class=newsTextDataWrapInner><p>KUALA LUMPUR (Nov 17): Edotco Group Sdn Bhd, the tower services unit of Axiata Group Bhd, has appointed Gayan Koralage as its new director of Malaysia business.</p></div>

<div class=newsTextDataWrapInner><p>Edotco said Koralage will concurrently retain his position as the director of strategy for the group, and as the country managing director for Edotco Sri Lanka.</p></div>

<div class=newsTextDataWrapInner><p>"With his experience, he is well equipped to steer Malaysia’s operations towards unprecedented growth at a pivotal time, as the telecommunications industry undergoes significant evolution," said Edotco in a statement on Friday.</p></div><div class=inPageAd id=div-gpt-ad-inpage></div>

<div class=newsTextDataWrapInner><p>Edotco group chief executive officer Adlan Tajudin said Koralage's appointment will be integral to Edotco Malaysia’s digital transformation journey, and "foster a culture of excellence within our company”.</p></div>

<div class=newsTextDataWrapInner><p>Established in 2012, Edotco is a digital connectivity infrastructure services company in Asia, providing end-to-end integrated solutions in the tower services sector.</p></div>


Edotco Group Sdn Bhd, the tower services unit of Axiata Group Bhd, has appointed Gayan Koralage as its new director of Malaysia business.

Edotco appoints Gayan Koralage as director of Malaysia business

WCT Holdings Bhd (KL:WCT) has appointed Lai Cheng Yee as its new group managing director, replacing Datuk Lee Tuck Fook, who has been redesignated as executive vice-chairman, effective Friday.

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Alliance Bank Malaysia Bhd (KL:ABMB) is offering a loan moratorium of up to six months, repayment modifications and fee waivers to customers and businesses affected by the recent floods in the country.

Alliance Bank offers up to six-month loan moratorium for flood-hit customers

Malaysia, Indonesia, Thailand and the Philippines agreed on Friday to a central bank pact to promote the use of local currencies in cross-border trade and investment.

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Hours after Jensen Huang resigned from Nvidia, shocked tech insiders at a conference in San Francisco saw his departure as troubling for the business but were uncertain over how heavy the impact would be.

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Malaysian companies have taken the global disruption to Microsoft 365 services in stride by pivoting to alternative communications channels.

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Malayan Banking Bhd (KL:MAYBANK) has appointed former Malaysia Aviation Group (MAG) group managing director and airline group chief executive officer Datuk Captain Izham Ismail as an independent non-executive director.

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Indonesia's upper house of parliament will pick the country's new vice-president on Dec 2, its speaker said on Friday, after the dramatic resignation of Gibran Rakabuming Raka, the president's deputy and the son of his predecessor.

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A Chinese company founded by Alice Huang, the alleged spy for Beijing at the center of the scandal surrounding Nvidia, obtained banned AI chips, Bloomberg News reported on Friday.

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All candidates contesting the 16th Melaka state election have been reminded to cease all campaign activities, including on social media platforms, by 11.59pm on Friday night, said Communications Minister Datuk Seri Fahmi Fadzil.

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Starting something new could be daunting, but siblings Lee Mei Yi and Michael Lee decided having their own property development company was a challenge worth taking on. Both of them have experience in the industry — Mei Yi, a trained lawyer, had worked in UEM Sunrise Bhd (KL:UEMS) while Michael, ...

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<p>Microsoft’s Outlook, Teams and Copilot were still down on Friday as one of the company’s worst outages stretched beyond 12 hours, disrupting communications for businesses and governments worldwide.</p>


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<p>KUALA LUMPUR (Nov 13): Ministry of Investment, Trade and Industry (Miti) said on Friday that it has never cleared Singapore-based Megaspeed International Pte Ltd or its Malaysian affiliate Speedmatrix Sdn Bhd.</p>


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<p>(Nov 13):&nbsp;Earlier this year, Malaysia’s Zetrix AI Bhd (KL:ZETRIX) was preparing to list its artificial intelligence unit on Nasdaq and had even built an AI avatar of Prime Minister Anwar Ibrahim. Now the onetime digital infrastructure star has lost more than 90% of its market value, is mired in debt and risks defaulting on its Islamic bonds.</p>


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<p>Singapore charged a fifth person in a fraud case linked to the export of computer hardware suspected of containing Nvidia Corp chips subject to US trade restrictions.</p>


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<p>The High Court has dismissed a bid to remove court-appointed administrators overseeing the RM1.6 billion inheritance belonging to the late Lim Siew Kim, daughter of the Genting founder.</p>


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<p>Malaysia is weighing how to support AirAsia without risking public funds and will not simply pump money into the private airline, said Anthony Loke, who resigned this week as the nation's transport minister.</p>


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<p>KUALA LUMPUR (Nov 12): Lawyer Sangeet Kaur Deo has applied to the High Court to discharge herself from representing comedian Harith Iskander in a lawsuit brought by Datin Seri Rosmah Mansor.&nbsp;</p>


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<p>KUALA LUMPUR (Nov 13):&nbsp; There has been no indication that artificial intelligence chips linked to the Nvidia-Megaspeed issue were exported from Malaysia, said Prime Minister Datuk Seri Anwar Ibrahim.m.</p>


PM: No indication AI chips were exported from Malaysia in Nvidia-Megaspeed case

<p>Malaysia’s Prime Minister Datuk Seri Anwar Ibrahim faces his third electoral test this year when the state of Melaka goes to the polls on Saturday, after a frantic week in which a key minister quit over the controversial transfer of jailed former PM Datuk Seri Najib Razak to house arrest.</p>


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<p>KUALA LUMPUR (Nov 13): PIE Industrial Bhd (KL:PIE) jumped on Friday after the electronic manufacturing services firm reported a stronger than expected quarter.</p>


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<p>Malaysia’s benchmark stocks ended Friday at a fresh 14-month low as investors continued to trim investments related to data centres.</p>


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<p>Thousands of hectares of land on palm oil and pulpwood concessions run by large listed firms were burnt during Indonesia's worst fire season in years, highlighting the role of deforestation and land clearing, a study showed on Friday.</p>

<p>Indonesia's forest fires caused a spike in respiratory illness at home and triggered air pollution warnings and school closures across the region, with fire emissions surging to three times the seasonal average.</p>


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<p>BENGALURU (Nov 13): Shares in Singapore Telecommunications (Singtel) gained the most in three months after posting a 10% rise in first-half underlying net profit on Friday, and raising its forecast for annual operating earnings from its core units.</p>


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<p>Southeast Asia risks facing tighter US regulations on the export and use of high-powered chips, threatening to stall the region’s AI-fuelled economic boom.</p>


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<p>The higher average selling prices (ASPs) that lifted Hartalega Holdings Bhd's (KL:HARTA) second-quarter earnings may be difficult to sustain in the coming quarter, as easing crude oil prices threaten to reverse the recent improvement in the rubber glove maker's margins, according to analysts.</p>


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<p>NEW DELHI/PERTH (Nov 13): Oil prices inched down on Friday and were headed for a second weekly decline as a continued US blockade of Iran eased fears of renewed fighting in the Middle East, though shipping attacks remained a supply risk.</p>


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<p>Delays in aircraft deliveries could disrupt Malaysia Airlines’ expansion plans and weigh on its future earnings, said its president and group chief executive officer Captain Nasaruddin A Bakar.</p>


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<p>(Nov 13):&nbsp;A new payment app in Thailand is looking to tap tourists’ crypto wealth as the country struggles to revive tourism spending.</p>
