KUALA LUMPUR: Frontken Corp Bhd’s net profit jumped 25.5% to RM6.3mil in the first quarter ended March 31, compared with RM5.02mil in the same period a year ago due to higher revenue and lower foreign exchange loss.
KUALA LUMPUR (May 24): Malaysia's finance minister said on Thursday the country's total federal debt and liabilities amounted to RM1.087 trillion (US$273.39 billion) or 80.3% of GDP.
Lim Guan Eng told a news conference the figure included federal debt, government guarantees for entities unable to service debts, and additional lease payments on public-private partnership projects like schools and hospitals that the government is committed to.
Reltio, a company that serves enterprises with data-powered insights and recommendations via a cloud-based platform, has raised $45 million in a series D round of funding led by New Enterprise Associates (NEA), with participation from Sapphire Ventures, Crosslink Capital, and .406 Ventures. Founded in 2011, Reltio’s “self-learning” platform takes company data from multiple sources, such as social […]
For the fifth year in a row Adyen and TNW teamed up to find the fastest growing companies in Europe’s six hottest startup ecosystems: the United Kingdom, The Netherlands, Germany, France, Spain, and Sweden. The winner, mattress business Emma (Germany), was announced tonight at TNW Conference Founders Dinner in Amsterdam, The Netherlands. To search for the fastest-growing startup, TNW reached out to hundreds of companies identified as fast-growing based on their research and asked them to sign up for the Tech5 competition from January to March. Since TNW needed to verify that the growth rates were legit, all the companies… This story continues at The Next Web