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Category: General

Gold Futures End Lower As Greenback Strengthens

KUALA LUMPUR, Gold futures on Bursa Malaysia Derivatives retreat from its gains to end lower on Thursday, weighed down by the US dollar’s stronger performance. New spot month October 2024 gold futures contract fell to US$2,655.80 per troy ounce from US$2,667.50 per troy ounce on Wednesday, and November 2024 decreased to US$2,677.10 per troy ounce from US$2,688.80 per troy ounce yesterday. Meanwhile, the December 2024, January 2025 and February 2025 contracts all settled lower at US$2,677.60 per troy ounce compared with US$2,688.80 per troy ounce previously. Trading volume decreased to three lots from 14 lots, while open interest narrowed to

Quantios Acquires Klea To Speed Up Automation In Corporate Services

KUALA LUMPUR, Quantios, the global provider of Wealth and Corporate Services software as a service (SaaS) solutions, has completed the acquisition of Klea, an artificial intelligence (AI)-powered legal entity management (LEM) tool. Backed by Hg and EQT, in a statement, Quantios said it is committed to leading digital transformation for trust and corporate service providers (TCSPs). By combining Klea’s AI-enabled legal entity management tool with Quantios software, corporate legal teams and multi-client service providers will now have access to comprehensive automated workflow solutions. Quantios Chief Executive Officer (CEO), Guy Harrison said the combination of Klea and Quantios affirmed the company’s

Penang To Host First WRTC Outside Of China

GEORGE TOWN, For the first time, the World Research Travel Conference (WRTC) will be organised outside of China and Penang has been chosen to host it at the Setia Spice Convention Centre from Nov 3-7. State Tourism and Creative Economy Committee (PETACE) chairman Wong Hon Wai said Penang is committed to supporting events that contribute to the growth of tourism and educational exchange, aligning with the state’s 2030 vision of fostering global connections and advancing sustainable tourism practices. ‘Research travel, combining education and travel, is a rapidly growing trend worldwide. It is particularly exciting to see how this conference will

Deepavali Carnival In Melaka’s Little India Kicks Off On Oct 16

MELAKA, The annual bazaar sale and Deepavali Carnival will be held at Melaka’s Little India in Jalan Bendahara from Oct 16 to 30 to enliven the atmosphere ahead of the festival of lights. State Youth Development, Sports and Non-Governmental Organisations Committee chairman Datuk VP Shanmugam said they are targeting to attract 30,000 visitors throughout this year’s programme. “Last year, we achieved our target of 20,000 visitors, but this year, in conjunction with Visit Melaka Year 2024 (VMY2024), we believe more tourists will come. “A total of 50 stalls will be set up, especially for Hindus to purchase items in preparation

Kina Benuwa Mangrove Park Phase 2 Project Completed, Handed Over To MOTAC

LABUAN, The second phase of the Kina Benuwa Mangrove Park Eco-Tourism Development Project here has been completed and handed over to the Ministry of Tourism, Arts, and Culture (MOTAC). Labuan Public Works Department (PWD) director Mohd Faizul Mohd Ali Hanapiah said the RM1.68 million project was officially handed over to MOTAC on Sept 25. Mohd Faizul said the PWD, which oversaw the project, is committed to ensuring all developments in Labuan meet high standards for the benefit of the public and the growing tourism sector. ‘The latest phase included repairing signboards, landscaping, upgrading wooden walkways and constructing a floating jetty.

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