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KLCI records net inflow after 25 weeks despite cautious global sentiment
KUALA LUMPUR: Despite cautious sentiment on the global economic outlook, the local equity market has rebounded to record a net foreign buying this week, after the 25th consecutive week of net foreign selling. Bank Islam Malaysia Bhd economist Adam Mohamed Rahim said
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MyGroser to tap US$300 bln worth of regional online groceries demand
KUALA LUMPUR: MyGroser is preparing itself for a regional expansion in the next three years to tap the annual US$300 billion worth of demand for online groceries. Co-founder and chief operating officer, Michele Malini Mahendra told Bernama that the online grocery store is
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Moody’s acquires stake in MARC, strengthening presence in key ASEAN markets
KUALA LUMPUR: Moody’s Corporation has acquired a minority stake in Malaysian Rating Corporation Bhd (MARC), a credit rating agency serving the Malaysian domestic bond and sukuk markets. The investment strengthens Moody’s presence in Southeast Asia and across domestic bond markets globally,
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MIDF maintains ‘buy’ call on IJM Corp, cut TP to RM1.63
KUALA LUMPUR: MIDF Amanah Investment Bank Bhd has maintained “buy” a call on IJM Corporation Bhd (IJM) but revised its target price (TP) lower to RM1.63 from RM1.95 previously. This was after IJM secured a contract worth RM864.7 million from IJM Perennial Development
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Govt ready to assist SMEs in resuming business activities
KOTA KINABALU: The government is ready to assist small and medium-sized enterprises (SMEs), including micro entrepreneurs in restarting their business activities to ensure that the country is on track to achieve its economic recovery target next year. Senior Minister cum International Trade and
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Squirrel AI Learning Wins UNESCO AI Innovation Award
SHANGHAI, Aug. 7, 2020 /PRNewswire/ — Recently, the United Nations Educational, Scientific and Cultural Organization (UNESCO) granted Squirrel AI Learning the “AI Innovation Award” for the Mobile Learning Week 2020 under the theme “Artificial intelligence and Inclusion” in order to
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Milliman adds J.P. Augeri to global retirement and benefits team
SEATTLE, Aug. 6, 2020 /PRNewswire/ — Milliman, Inc., a premier global consulting and actuarial firm, today announced the addition of John-Paul Augeri to its global retirement and benefits team. Augeri will be responsible for providing multinational employers with comprehensive employee benefit
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Thailand’s Eastern Economic Corridor Promotes Genomics Project as Center of Medical Hub
BANGKOK, Aug. 6, 2020 /PRNewswire/ — Thailand, already famed for its world class hospitals and success combating coronavirus, aims to enhance its role as a global medical hub by establishing a Thailand Genomics Sequencing Center in the country’s high-tech Eastern
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Malaysian Franchise Association to hold Awards Night 2020
KUALA LUMPUR: The Malaysian Franchise Association (MFA) will be organising the Malaysia Franchise Awards Night 2020, in April 2021 in recognition of franchise participants who are developing the franchise business concept in Malaysia. Its Strategic Management general manager Wan Muhammad Zainal Wan
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Facebook launches its new TikTok clone, Instagram Reels
LOS ANGELES: Facebook’s Instagram is officially launching its answer to the hit short video app — TikTok Instagram Reels, reported the Saudi Press Agency (SPA) according to AP. The new Instagram feature will let users record and edit 15-second videos with audio,
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