Integrated Power Services Completes Assets Acquisition Of ABB Industrial Services

KUALA LUMPUR, Integrated Power Services (IPS), a North American leader in the servicing, engineering, and remanufacturing of electrical, mechanical, and power management systems, has finalised the acquisition of ABB’s Industrial Services business, ef…

JMGO Poised To Lead Laser Projection With MALC 2.0 Triple Laser Optics At IFA 2024

KUALA LUMPUR, JMGO, a pioneer in optical technology, will showcase its in-house developed Microstructure Adaptive Laser Control (MALC) 2.0 Triple Laser Optics at Innovation For All (IFA) 2024 in Berlin, taking place from Sept 6 to 10.

This innovatio…

PropertyGuru Records Net Loss Of S$16 Mln In 2Q

KUALA LUMPUR, PropertyGuru Group Ltd’s net loss widened to S$16.12 million in the second quarter ended June 30, 2024 (2Q FY2024) from S$6.47 million in the same quarter last year. (S$1=RM3.34)

The property technology company said the adjusted earnin…

Niq-GfK: Global Tech And Durables Market In Resurgence State

KUALA LUMPUR, NIQ-GfK experts forecasted that 2024 will be a better year for the global Consumer Tech and Durables (TandD) compared to last year, with stable revenue expected for the full year.

At the mid-year point, most TandD segments are showing …

Domestic Banks Reported Better Performances In 2Q 2024 — RAM Ratings

KUALA LUMPUR, Domestic banks reported better performances in the second quarter 2024 (2Q 2024), driven by a mild recovery in net interest margins (NIMs) and lighter provisions, according to RAM Rating Services Bhd (RAM Ratings).

The rating agency sa…

Demographic Trends To Shape Real Estate Demand In Malaysia, Says Think Tank

KUALA LUMPUR, Demographic trends are expected to shape Malaysia’s real estate demand through the interplay between the ageing population, urban migration, and household dynamics, according to the Socio-Economic Research Centre (SERC).

The think tank…

ASEAN Manufacturers Report Eighth Successive Month Of Improvement Despite Slowing Growth — SandP Global

KUALA LUMPUR, Asean producers reported an eighth successive month of improvement in the health of the region’s manufacturing sector, although the improvement remained ‘modest overall,’ said SandP Global today.

The SandP Global Asean Manufacturing Pu…