Arkib Harian: February 6, 2024

New laws needed to better tackle cybercrime, says Fahmi

New laws needed to better tackle cybercrime says Fahmi

PUTRAJAYA: There is a need to enact new laws to tackle cybercrime in line with rapid technological advancements, said Fahmi Fadzil. The Communications Minister said the decision was made at the Working Committee Meeting on the Drafting of New Laws Related to Cybercrime held on Monday (Feb 6), which was …

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Excel Force to acquire XR content publisher for RM18.15mil

Excel Force to acquire XR content publisher for RM1815mil

KUALA LUMPUR: Excel Force MSC Bhd is acquiring the entire 100% equity interest in investment holding firm Orca Capital Holdings Limited (OCHL) from Honest Winner Limited for RM18.15mil via a combination of shares and cash. In a bourse filing, the group said OCHL, which is incorporated in the British Virgin …

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Ringgit slips further against US$ at close

Ringgit slips further against US at close

KUALA LUMPUR: The ringgit slipped further against the US dollar as the greenback stayed firm on expectation of a higher-for-longer interest rate stance in the United States (US). Federal Reserve chair Jerome Powell’s comments on late Sunday reaffirmed the stance as US economic resilience provided more headroom to keep monetary …

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Duo acquitted of cheating businessman in RM1mil deal

Duo acquitted of cheating businessman in RM1mil deal

KUALA LUMPUR: Two men have been acquitted by the Sessions Court here of cheating a businessman in a million-ringgit deal. Sessions Court judge Mohd Kafli Che Ali made the order of discharge and acquittal on Wan Ahmad Farhaan Wan Kia Salleh Nor, 32, and Mohd Fami Sharin, 50, who were …

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China’s top chipmaker SMIC reports a 55% fall in quarterly net profit

Chinas top chipmaker SMIC reports a 55 fall in quarterly

BEIJING/SHANGHAI: China’s largest chipmaker Semiconductor Manufacturing International Corp (SMIC) on Tuesday reported a 55% fall in fourth-quarter profit, missing analyst expectations as it cited weak global demand and fierce industry competition. Unaudited profit attributable to owners of the company during the quarter came in at $174.68 million, down from $385.53 …

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