Latest
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STARPICKS
Flavour solutions for every Malaysian kitchen
FOOD has always been at the heart of Malaysian life.
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Technology
OpenAI CFO says annualized revenue crosses $20 billion in 2025
Jan 19 (Reuters) - OpenAI Chief Financial Officer Sarah Friar said in a blog post on Sunday the company's annualized revenue has surpassed $20 billion in 2025, up from $6 billion in 2024 with growth closely tracking an expansion in computing capacity.
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World
Young workers most worried about AI affecting jobs, Randstad survey shows
Jan 20 (Reuters) - Four in five workers believe artificial intelligence is going to impact their daily tasks at the workplace, with Gen Z among those most concerned as companies increasingly rely on AI chatbots and automation, a survey conducted by Randstad showed on Tuesday.
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Technology
Revolut seeks Peru banking license to expand Latin America footprint
Jan 19 (Reuters) - Britain's Revolut said on Monday it has applied for a full banking license in Peru, marking the global fintech firm's fifth market expansion in Latin America.
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Technology
NYSE-parent Intercontinental Exchange develops platform for 24/7 tokenized securities trading
Jan 19 (Reuters) - Intercontinental Exchange said on Monday that it had developed a platform for trading and on-chain settlement of tokenized securities, in a move to capitalize on global demand for U.S. equities.
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Corporate News
Binastra order book at record high of RM6bil
PETALING JAYA: Binastra Corp Bhd's lastest contract has pushed its order book to a record high of RM5.8bil translating to an order-book-revenue cover ratio of six times.
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Corporate News
SMRT faces profit crunch on slow deployment
PETALING JAYA: Technology solutions firm SMRT Holdings Bhd's shares were suspended from intraday short selling by Bursa Malaysia in early morning trade after the company's share price slumped by more than half to 19.5 sen, breaching the price limit.
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Letters
Artificial intelligence, the Fermi level, and human value
A letter from LEE QIAO HUI, Batu Ferringhi, Penang.
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Corporate News
DRG likely to have low impact on private hospitals
PETALING JAYA: The diagnosis related group (DRG) payment system for Malaysia's healthcare system continues to be the focus for industry stakeholders.
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Markets
Global fund rotation to boost local bourse
PETALING JAYA: A renewed rotation of global funds into Asia is set to lift Malaysia's equity market in the first quarter of 2026, as investors scale back exposure to richly valued US assets and seek growth opportunities closer to home.
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Corporate News
Cypark aims for stronger recurring income stream
PETALING JAYA: Cypark Resources Bhd is gradually clearing key operational and financial hurdles as it works to expand its long-term recurring income base, even as near-term earnings remain pressured by slower-than-expected conversion in its engineering, procurement, construction and commissioning (EPCC) segment.
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Letters
Let’s get kids to start the new school term with joy
ASSOC PROF DR A letter from MUHAMMAD NOOR ABDUL AZIZ, School of Education, Universiti Utara Malaysia.
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Commodities
Iran’s real oil risk is labour strikes, not bombs
FOR decades, Iran has been the nexus of global geopolitical risk.
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Metro News
Firing up Chinese New Year vibes in Bukit Bintang
A MALL in Kuala Lumpur kicks off its month-long Chinese New Year celebration themed "Journey to Prosperity" with vibes of red and gold, promotions and activities galore.
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Nation
Selangor has highest bankruptcy rate nationwide
JASIN: Selangor has the highest incidence of bankruptcy in the country, with a significant proportion of cases involving civil servants, particularly teachers, according to data from the Malaysian Insolvency Department.
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Corporate News
AI boom deepens global memory crunch
NEW YORK: Nvidia Corp supplier Micron Technology Inc says an ongoing memory chip shortage has accelerated over the past quarter and reiterated that the crunch will last beyond this year due to a surge in demand for high-end semiconductors required for artificial intelligence (AI) infrastructure.
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Sabah & Sarawak
Sabah Tourism Board to back private tourism industry players
KOTA KINABALU: Private tourism industry players can expect more support from Sabah Tourism Board (STB) this year.
