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Revenue in Malaysia’s services sector increased by 8% to a huge total of RM2.3 trillion in 2023.
In 2023, Malaysia’s services sector experienced a remarkable phase of growth, as delineated by the latest figures from the Department of Statistics. The sector’s total revenue surged to RM2.3 trillion,…
Wall Street Declines as Inflation Data Dampens Rate-Cut Hopes
On February 13th, Wall Street‘s major indexes experienced a slide, reaching one-week lows, following a hotter-than-anticipated consumer inflation report that propelled US Treasury yields higher, dispelling market expectations for imminent…
Coca-Cola Exceeds Revenue Expectations Amid Strong Demand and Price Increases
On February 13th, Coca-Cola surpassed Wall Street’s expectations for fourth-quarter revenue, showcasing robust performance attributed to elevated product prices and resilient demand, particularly for its flagship beverage. Consumer Spending Trends…
Google’s Android 15 to Include Easy Pre-set Mode for Seniors and Tech Novices
Google is bringing in the new “Easy Pre-set” mode specifically designed to enhance the usability of Android devices for a wider range of users, including seniors, individuals with vision impairments,…
Hasbro’s Quarterly Results Reflect Slumping Toy Demand; Shares Decline
On February 13th, Hasbro reported a more significant decline in holiday-quarter sales and profit than anticipated, attributing the downturn to persistent weakness in the toy industry. Subdued demand, coupled with…
Amazon Faces Negative Backlash Over Prime Video Changes
Amazon is currently embroiled in controversy following significant changes to its Prime Video service, which now include the introduction of advertisements and additional charges for previously standard features. This shift…
Revolut Revolutionizes Connectivity: Unveils UK Phone Plans, Pioneering Fintech Telecom
Revolut, a leading British fintech company, is launching innovative phone plans in the United Kingdom, as reported by CNBC. This initiative marks Revolut as the first financial services firm in…
Boost Your Content Strategy with AI
AI content creation tools are shaking up the way we make digital content, using smart algorithms and machine learning to churn out articles, blogs, videos, and even more intricate narratives…
Defining the Importance of Advertising with Great Strategies
In the ever-evolving world of advertising, where creativity meets strategy, brands strive to captivate audiences and leave a lasting impression. From the early days of print ads in newspapers to…
Maybank IB forecasts an increase of RM24 million in ITMAX’s revenue for the years 2024 and 2025.
In a significant stride for Malaysia’s public space networked systems landscape, ITMAX System Bhd‘s recent procurement of Variation Order No. 7 (VO7) from Kuala Lumpur City Hall (DBKL) marks a…
Perplexity AI and Vercel Challenge Google and Microsoft with Cutting-Edge AI Search
Perplexity AI, a California-based startup, has teamed up with Vercel, a leading web development platform, aiming to challenge the dominance of giants like Google and Microsoft. This California-based startup is…
Stocks Hold Steady, Dollar Strengthens; Investors Eye CPI Data
In New York on February 13th, global stock indices exhibited marginal movement, while the US dollar experienced a slight uptick as investors awaited the forthcoming US Consumer Price Index (CPI)…
Awantec secures a RM294.27 million agreement to become Redtone’s technology partner.
KUALA LUMPUR – In a significant move to bolster the Malaysian government’s digital transformation, AnwanBiru Technology Bhd, through its wholly-owned subsidiary Awantec Systems Sdn Bhd, has announced a pivotal service…
Saudi Arabia’s Explanation for Oil Capacity U-Turn
In Dhahran, Saudi Arabia, on February 12th, the Kingdom’s Energy Minister attributed the shift in Saudi Arabia’s oil capacity expansion plans to the ongoing energy transition. Prince Abdulaziz bin Salman…
Samsung Galaxy Watch Earns FDA Stamp of Approval
Samsung Electronics has received the U.S. Food and Drug Administration (FDA) approval for its innovative sleep apnea detection feature on Galaxy Watches, making a significant leap forward in the health…
Wall Street Treads Lightly in Anticipation of Data-Packed Week; Nvidia Surpasses Amazon’s Market Value
On Monday, February 12th, the main indexes of Wall Street exhibited subdued movement, as investors braced themselves for two pivotal inflation reports scheduled for the week. These reports hold the…
Despite U.S. sanctions, China may be advancing in chip production but unfortunately still confronts major hurdles.
In a move that signals a significant leap in China’s semiconductor ambitions, Semiconductor Manufacturing International Corporation (SMIC), the nation’s premier chipmaker, has reportedly been producing advanced chips, undeterred by stringent…
Fragile-Five Era Over as Investments Flow into India, Indonesia
A decade after being tagged as part of the “Fragile Five” by Morgan Stanley, India and Indonesia have undergone a remarkable transformation, now standing as top picks for global investors.…
Instagram, Threads Users to See Less Politics: Here’s Why
Instagram and Threads, both owned by Meta, are set to make significant changes to how political content is recommended to users. Announced in a recent blog post, Meta is expanding…
Attentive.ai secures a whopping $7M in funding to enhance automation within landscaping and construction services.
In a significant move towards revolutionizing the landscaping and construction sectors, Attentive.ai, a startup known for its innovative vertical software solutions, has successfully raised $7 million in a Series A…