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Category: General

SC SEEKS FINTECH STARTUPS TO ENHANCE ISLAMIC CAPITAL MARKET IN FIKRA ACE PROGRAMME

KUALA LUMPUR, The Securities Commission Malaysia (SC) is inviting applications for the second cohort of the FIKRA ACE Accelerator programme, which is part of the FIKRA ACE initiative. SC said in a statement today that the programme supports startups in developing innovative solutions through an eight-week programme featuring workshops, mentorship, networking, and funding facilitation. The FIKRA Accelerator programme, expected to begin in August, is open to individuals or companies with less than three years of market presence and accepts both local and international applicants. The Malaysia Digital Economy Corporation (MDEC) is the strategic local ecosystem partner for the programme. MDEC

Red tide detected in Samar’s Cambatutay Bay

TACLOBAN CITY: The Bureau of Fisheries and Aquatic Resources (BFAR) confirmed Thursday the presence of red tide toxins in Cambatutay Bay in Tarangnan, Samar based on the latest examination of water samples. Seawater samples collected in Cambatutay Bay have tested positive for red tide during the laboratory test on July 10. This is the first recurrence of red tide in the bay this year, based on records of BFAR regional office. The fisheries bureau said in a statement that aside from tide changes, several factors also caused the recurrence of red tide in two areas. ‘Among these are currents, wind

RINGGIT ALMOST FLAT AGAINST US DOLLAR AT OPENING

KUALA LUMPUR, The ringgit was slightly higher against the US dollar in early trade today while steady demand continued to provide support for the greenback, an analyst said. At 9 am, the ringgit stood at 4.7050/7110 versus the US dollar compared to yesterday’s close of 4.7055/7105. Bank Muamalat Malaysia Bhd chief economist Mohd Afzanizam Abdul Rashid said the US Dollar Index is still holding up, signalling a resilient demand for the greenback amid hopes of interest rate cuts. Earlier today, Federal Reserve (Fed) chair Jerome Powell’s testimony to the US Congress suggested that the Fed is on track to cut

Construction of E. Visayas transshipment hub in Leyte to start soon

TACLOBAN CITY: Developing the Babatngon port into a regional transshipment hub will soon proceed with the favorable outcome of technical and economic studies, the Regional Development Council (RDC) reported on Wednesday. Citing the results of a feasibility study, the RDC said the Philippine Ports Authority (PPA) will finally begin constructing the PHP934.206 million port in Babatngon, Leyte, a town next to this city. In a statement, the RDC said the project was found to be technically feasible and economically viable based on the feasibility study conducted by the Gammacon Builders, Inc., as presented by the PPA to the region’s highest

TELEDYNE’S HIGH-SPEED, HIGH-RESOLUTION CONTACT IMAGE SENSORS ARE NOW AVAILABLE IN COLOR

WATERLOO, Canada, Teledyne DALSA is pleased to announce that its AxCISS family of high-speed and high-resolution fully integrated line scan imaging modules are now available in color. These easy-to-use Contact Image Sensors (CIS) combine sensors, lenses, and lights all-in-one, offering a lower cost inspection system for many demanding machine vision applications including battery and print inspection. Powered by Teledyne’s multiline CMOS image sensors, AxCIS delivers superior image quality with up to a 60 kHz x 3-line rate of native RGB colors, at a pixel size of 28 µm or 900 dpi resolution, so that defects can be detected with unprecedented

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