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Best Mart 360 Announces Results for the 9 Months Ended December 2023

IMF Managing Director Kristalina Georgieva speaks during an interview on the day she attends G20 Financial Summit, in Sao Paulo, Brazil, February 27, 2024. — Reuters file pic

IMF chief urges China to boost growth with ‘pro-market reforms’

China has introduced guidelines to phase out US microprocessors from Intel and AMD from government personal computers and servers, the Financial Times reported today. — Reuters pic

China blocks use of Intel and AMD chips in government computers, FT reports

China will carefully study issues of market access and cross-border data flows and will soon issue new regulations in these areas, Premier Li Qiang told an audience of global CEOs and Chinese policymakers today. — Reuters pic

China plans new rules on market access, data flows Premier Li tells global CEOs

The Securities Commission Malaysia (SC) has directed Quantum Metal Exchange Inc (QMEI) founder and director Datuk Lim Khong Soon @ Lim Hock Seng to immediately cease and desist the offering of QMEI shares to the Malaysian public. — Picture via X/Bernama

SC issues cease and desist directive to Quantum Metal Exchange Inc

Terengganu Menteri Besar Datuk Seri Ahmad Samsuri Mokhtar said the investments included in the fields of iron and steel manufacturing, napier cultivation, pulp mills and food containers which created 5,000 job opportunities for the locals. — Picture by Miera Zulyana

East Coast economic council realised RM2.4b investments in Terengganu as of March 2024

Asia Digital Engineering (ADE) is well positioned for substantial growth in the coming years as plans are underway to establish a new maintenance, repair and overhaul (MRO) hangar facility at the Kuala Lumpur International Airport (KLIA), its chief executive officer (CEO) Mahesh Kumar said. — Bernama pic

Capital A’s Asia Digital Engineering expects to double its revenue with new KLIA hangar facility

— The World Bank will publish more of its proprietary data, including on debt defaults, starting next week as part of a push to attract more private sector investment to developing countries, World Bank President Ajay Banga said. ― AFP pic

World Bank to share more data to attract private investors to developing countries

A source confirmed a Bloomberg News report that the FAA could potentially not approve allowing customers on United’s new planes or new routes. — Reuters pic

US FAA boosting oversight of United, may delay airline projects

Bank Simpanan Nasional has partnered with Tech Hunter Global Sdn Bhd (PayHunter) to introduce BSN’s DuitNow QR Soundbox, a digital payment terminal to facilitate cashless transactions for Ramadan bazaar stall vendors. — Picture by Yusof Mat Isa

Bank Simpanan Nasional, PayHunter facilitate 24 Ramadan bazaar spots in KL to go cashless

Entrepreneur Development and Cooperative Minister Datuk Ewon Benedick said the ministry has started looking for sites to implement the Tamu Desa project. — Bernama pic

Entrepreneur Development Ministry to start looking for sites for Tamu Desa project, says minister

Johor Unity, Heritage, and Culture Committee chairman K. Raven Kumar (2nd left) called on handicraft entrepreneurs in Johor to tap into their creativity to market their products through online platforms. — Bernama pic

Johor exco calls on handicraft entrepreneurs to tap into online market

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Hi Sun Technology (Hi Sun) Product Launch: Financial Technology Innovation, Empowering the Future of Banking

Didi Global reported net income attributable to shareholders of 818 million yuan (RM536 million) in the three months ending December 31, compared with a loss of 953 million yuan a year ago. — Reuters pic

China’s Didi swings to profit in fourth quarter

On a Friday-to-Friday basis, the FBM KLCI fell 10.44 points to 1,542.39 from last week’s 1,552.83. — Picture Ahmad Zamzahuri

Bursa Malaysia likely to be in consolidation mode next week

On a Friday-to-Friday basis, the ringgit weakened to 4.7340/7390 against the greenback compared with 4.7050/7095 a week earlier. ― Picture by Miera Zulyana

Ringgit likely to trade in narrow range versus US dollar next week