The adoption of artificial intelligence (AI) has been steadily progressing over the years but recent advancements, particularly in generative AI, along with the increased accessibility of these tools, have brought heightened attention to the transformative changes and unprecedented possibilities.

Developing robust AI strategies

Being in the IT industry for more than 30 years has allowed Dr Anton Ravindran to be a part of the digital evolution, from mainframe computing to the PC, which was initially revolutionised by IBM and Apple, making computers accessible to the public.

Since then, artificial intelligence (...

Ideas: Unveiling the impact, challenges and promise of AI

Ever since Covid-19 travel restrictions were lifted in April 2022, Malaysians have been busy packing their bags and jetting away for holidays. According to the Malaysian Aviation Commission (Mavcom), Malaysia’s international passenger traffic grew at an average of 80.9% quarter on quarter and the...

Solutions: How travel companies can better protect travellers

In today’s digital age, our lives are deeply intertwined with technology. We have seen remarkable advancements, but also vulnerabilities emerge. Technology has connected us in unprecedented ways, turning businesses, governments and individuals into virtual inhabitants. Yet, as our digital world g...

Security: Stopping the ripple effect of web application attacks against organisations

Over the last couple of years, Malaysia’s venture capital ecosystem has grown by leaps and bounds but there is a lack of financial commitment in the mid-to-late stages of fundraising.

For funding between US$500,000 (about RM2.34 million) and US$20 million, firms like 500 Global would be...

Issues: Funding gaps in venture capital landscape need to be addressed

Weddings are hectic and chaotic, with the bride and groom often too busy mingling with guests and seeing to details to appreciate every precious moment.

With POV, a disposable camera app, they can have access to some of those moments through the eyes of their guests.

Guests ca...

Tech Fun: Documenting cherished moments

A digital transformation consulting firm run by two Malaysians is leading a government digitalisation programme in Fiji that promises to take the agrarian nation into the new economic arena.

Spirit of Endeavour (Endeavour), which is based in Malaysia and Singapore, reached a key mi...

Digitalisation: One digital platform for businesses and citizens

In the escalating debate on the impact of artificial intelligence (AI) on employment, a looming sense of apprehension has given rise to fears of a global wave of “employment refugees”. However, Sanjay Sarma, CEO, president and dean of the Asia School of Business (ASB), offers a nuanced perspectiv...

Cover Story: Crafting a future-ready education

Budget 2024 was in many ways a good budget for the tech ecosystem, from the RM1.5 billion in funding from government-linked corporations (GLCs) and government-linked investment corporations (GLICs) to the extension of the angel tax incentive and exemption from capital gains tax for venture capita...

The Pitch Deck: Malaysia’s global top 20 ecosystem target: An impossible task?

NEWS

Digital awareness, collaborative effort needed to secure data privacy

Sixty-three per cent of Malaysians are concerned about data privacy and security, while one in three young Malaysians cite this as their reason for switching off ...

Bits + Bytes: A Miscellany of Technology

If you are new to vlogging or aspire to be a vlogger, the Canon PowerShot V10 can help you jump-start your vlogging journey with its easy-to-use design.

The V10 is the first in a new generation of dedicated cameras aimed at vloggers. It may be a small and simply designed device but its ...

Tech in review: Simplify vlogging with the Canon PowerShot V10

Browsing the internet can be dangerous. Every day, we face cyber threats like hacking, cyber harassment, phishing, identity theft and credit card fraud.

Have you received an email stating your account was hacked, only to realise its format is slightly different from what an official ema...

Listicle: Surfing the internet securely

NEWS

AI-powered durian grading system launched

Hernan Corp Sdn Bhd has partnered with Tapway Sdn Bhd and Mega Fortris Sdn Bhd to launch a durian grading system empowered by agritech artificial intelligence (AI) to revolutionise the duria...

Imagine owning a holo-pet that is able to respond to your commands and play with you, whenever and wherever. Or having a holo-friend that can be your best pal without your having to step out of your home.

The complexities of human relationships often make life unpredictable and difficul...

Moonshot: Coexisting with AI holograms

KKR & Co will pay about US$2.7 billion (RM12.56 billion) in cash to acquire the remaining 37% of Global Atlantic that it doesn’t already own, broadening its bet on insurance to fuel asset and fee growth.

KKR to pay US$2.7b for rest of insurer Global Atlantic

Shares in Pharmaniaga Bhd fell in early trade on Thursday, after the pharmaceutical group proposed a regularisation plan that consists of a capital reduction exercise, renounceable rights issue of news shares plus private placement, to raise up to RM654.61 million to pare down debts.

Pharmaniaga slips on 3Q net loss, opaque outlook

KUALA LUMPUR (Nov 30): The revival of several mega infrastructure projects has provided the much-needed impetus to the Malaysian construction sector, driving the construction stocks index on Bursa Malaysia to a two-year high by 20.74% year-to-date (as of Nov 27), as well as the industry to post stronger growth.

Revival of mega infrastructure projects sparks construction sector growth, sustainability at work

Activity in China’s manufacturing and services sectors shrank in November, adding to expectations for additional government support for the economic recovery, as it struggled to regain steam.

China's factory, services activity shrinks in sign of recovery woes

How many times have we bought a cup of coffee much larger than what we need simply because it was only slightly more expensive? Or looked at our long “to-do” lists and decide that the next course of action would be to take a quick nap?

These are just some of the many behavioural biases ...

My Say: Behavioural interventions: Nudging Malaysia towards retirement adequacy

For two hours on an early February morning, Sunac China Holdings Ltd chief financial officer Gao Xi delivered a tirade against bondholders — hitting the table as he told them the distressed developer had already made its best offer.

China’s shattered property bond market finds hope in Sunac deal

Hong Leong Investment Bank (HLIB) Research has upgraded Kimlun Corp Bhd to a "hold" from a "sell", and raised its target price (TP) to 79 sen from 72 sen, despite the engineering and construction outfit's results for the nine months ended Sept 30, 2023 (9MFY2023) missing expectations.

HLIB Research upgrades Kimlun to 'hold', TP to 79 sen

In a year in which little has gone right in the US bond market, November turned out to be a month for the record books.

Investors frantically bid up the price of Treasuries, agency and mortgage debt, sparking the best month since the 1980s and igniting a powerful pan-markets rally in everything from stocks to credit to emerging markets. Even obscure cryptocurrencies, the sort of speculative, uber-risky assets that struggled when yields were soaring, posted big gains.

Bond market's best month since 1980s sparks cross-asset rally

Elon Musk, the billionaire owner of X, said the advertisers that had stopped spending on the platform due to his endorsement of an antisemitic post can “f——” themselves.

Elon Musk, slinging expletives, says advertiser boycott on X may kill it

WASHINGTON (Nov 29): Henry Kissinger, a controversial Nobel Peace Prize winner and diplomatic powerhouse whose service under two presidents left an indelible mark on US foreign policy, died on Wednesday at age 100, according to his geopolitical consulting firm Kissinger Associates Inc.

Henry Kissinger, American diplomat and Nobel winner, dead at 100

Here is a brief recap of some corporate announcements that made news on Wednesday: Axiata Group Bhd, Cahya Mata Sarawak Bhd, Berjaya Corp Bhd, Mega First Corp Bhd, QL Resources Bhd, Sarawak Oil Palms Bhd, PPB Group Bhd, PJBumi Bhd, Apex Healthcare Bhd, Boustead Heavy Industries Corporation Bhd, FGV Holdings Bhd, Supermax Bhd, Genetec Technology Bhd, Icon Offshore Bhd, Titijaya Land Bhd, Public Bank Bhd, KSL Holdings Bhd, Malaysia Marine and Heavy Engineering Holdings Bhd, Pharmaniaga Bhd.

Axiata, CMSB, Berjaya Corp, Mega First, QL Resources, Sarawak Oil Palms, PPB, PJBumi, Apex Healthcare, Boustead Heavy, FGV, Supermax, Genetec, Icon Offshore, Titijaya, Public Bank, KSL, MHB, Pharmaniaga

UEM Sunrise Bhd said its former Canadian unit has been sued for defects in one of its buildings in the mixed residential and commercial use complex located in the province of British Columbia, known as Quintet Tower D.

UEM Sunrise's Canadian unit sued for defects in building

KUALA LUMPUR (Nov 29): Rapid KL has denied a viral post that there was an explosion or fire involving a Mass Rail Transit (MRT) train along the Kajang route this afternoon.

Rapid KL in a statement on Wednesday informed that the incident only involved the sound of a spark from train numb...

Rapid KL denies explosion involving MRT train

Oil and gas (O&amp;G) services provider Velesto Energy Bhd's net profit for the third quarter ended Sept 30, 2023 (3QFY2023) dropped 91.9% to RM1.22 million from RM14.97 million in the corresponding quarter a year ago, despite higher revenue, as it incurred higher operating and finance costs.

Velesto Energy's 3Q profit drops 91%, dragged by higher costs

Malaysia Building Society Bhd’s (MBSB) net profit dropped 44.3% to RM32.84 million or 0.46 sen for the third quarter ended Sept 30, 2023 (3QFY2023), from RM58.96 million or 0.82 sen a year earlier.

MBSB's 3Q net profit down 44% on higher opex, impairment

Analysts lowered their target prices (TPs) for Axiata Group Bhd, after the telecommunications company’s net loss widened to RM797.41 million for the third quarter ended Sept 30, 2023 (3QFY2023), from RM52.4 million a year ago, mainly due to asset impairment and lower share of results from subsidiary CelcomDigi Bhd.

Analysts lower target prices for Axiata on wider 3Q net loss, frontier market risks

Shares in Pharmaniaga Bhd fell in early trade on Thursday, after the pharmaceutical group proposed a regularisation plan that consists of a capital reduction exercise, renounceable rights issue of news shares plus private placement, to raise up to RM654.61 million to pare down debts.

Oriental Holdings Bhd's net profit jumped 190.59% to RM297.42 million for the third quarter ended Sept 30, 2023 (3QFY2023), from RM102.35 million a year earlier, thanks to a gain from a bargain purchase on step acquisition of RM102.4 million as well as a gain on disposal of its associate of RM116.4 million.

Oriental Holdings 3Q net profit jumps on gain on disposal of associate

KUALA LUMPUR (Nov 30): Shares in Supermax Corp Bhd fell 7.77% in the morning session on Thursday, after the glovemaker logged a net loss of RM2.05 million in the first quarter ended Sept 30, 2023 (1QFY2024), marking the group’s fourth straight loss-making quarter, as revenue shrunk amid weaker demand and persistent lower selling prices. Its quarterly loss narrowed from the preceding three quarters.

Supermax slides 7.77% after fourth straight loss-making quarter

Warren Buffett’s Berkshire Hathaway Inc&nbsp;said the billionaire former owner of Pilot Travel Centers sought to influence Pilot executives’ business decisions in order to juice the company’s quarterly earnings and pump up the value of his remaining stake in the truck stop chain.

Buffett's Berkshire says billionaire Haslam promised illicit payments to juice Pilot’s profit

Singapore and Zurich surpassed New York to become the&nbsp;world’s most expensive cities to live in this year, according to a new global survey.

Singapore, Zurich surpass New York to become world’s most expensive cities to live in — survey

MSCI's global equities index crept higher on Wednesday, while Treasury yields fell, as third-quarter data provided encouraging signs for the economy even as US&nbsp;Federal Reserve (Fed) officials provided mixed messages on monetary policy.

Equities gain while Treasury yields fall on data, talk of Fed rate cuts

As a rush of Wall Street strategists call for all-time highs in US stocks in the year ahead, JPMorgan Chase &amp; Co&nbsp;stands apart, releasing the gloomiest forecast so far among its peers.

JPMorgan’s S&P 500 outlook for 2024 is grimmest on Wall Street

US&nbsp;stocks edged lower on Wednesday as a robust upward gross domestic product (GDP) revision eased recession fears, while Federal Reserve (Fed) officials' remarks raised questions about the duration of the central bank's restrictive policy.

S&P 500 ends lower on mixed Fed messages, PCE on deck

Elon Musk, the billionaire owner of X, said the advertisers that had stopped spending on the platform due to his endorsement of an antisemitic post can “f——” themselves.

The Kemaman by-election is crucial to ensure the continued strength of the unity government, and its ability to carry out various efforts to safeguard the welfare of the people, said Prime Minister Datuk Seri Anwar Ibrahim.

Kemaman by-election on Saturday crucial to ensure unity govt's strength, says Anwar

Bursa Malaysia opened lower on Thursday, extending Wednesday's selling activities in most indices, following a mixed performance on Wall Street overnight, a dealer said.&nbsp;

Bursa opens lower following mixed performance on Wall Street

Nvidia Corp chief executive officer Jensen Huang, who runs the semiconductor industry’s most valuable company, said the US is as much as 20 years away from breaking its dependence on overseas chipmaking.

Nvidia CEO says US will take years to achieve chip independence

TA Securities sees a positive outlook for Malaysia Airports Holdings Bhd (MAHB), against the backdrop of the pending signing of a new operation agreement (OA) and the announcement of the new passenger service charge (PSC) for 2024, and the impairment of receivables comprising mainly RM27.4 million from MyAirline&nbsp;suspension. &nbsp;

TA Securities upgrades MAHB to 'hold', raises target price amid strong recovery prospects

The ringgit opened lower against the US dollar on Thursday, as the greenback climbed, after data showed that the US economy grew faster in the third quarter, amid rising concerns of an early US interest rate cut, said an analyst.

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