Penang students can now apply for Ancom Crop Care's RM10,000 scholarship
The scholarship, worth up to RM10,000 per student for tuition fees, is aimed at students from financially disadvantaged backgrounds in Penang.
It is open to those who have secured admission to any local government or private university — excluding Medicine and Dentistry — as well as those who have applied and are still awaiting offer letters.
Students currently in their second, third or final year of undergraduate study may also apply.
Launched in May 2023 by Ancom Crop Care Sdn Bhd — a subsidiary of Bursa Malaysia-listed Ancom Nylex Berhad — the scholarship was officiated by Penang Chief Minister Chow Kon Yeow.
This year marks the third and final round of applications under the programme.
Application forms and full eligibility details are available at ancomcropcare.com.my and ancomnylex.com.
To date, 41 students from various universities across Malaysia have benefited from the programme.
Hashtags

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles


The Sun
4 hours ago
- The Sun
Ramssol forges landmark AI, cloud computing collaboration with Tencent, Equinix
PETALING JAYA: Malaysia is set to accelerate its digital transformation by tapping Chinese expertise in artificial intelligence (AI) and cloud computing, following a landmark collaboration spearheaded by Ramssol Group Bhd with Tencent Cloud and supported by Equinix. The Malaysia-China Tech & Trade Cooperation Exchange Conference 2025, held in Sheraton Petaling Jaya today, underscored the nation's ambitions to become a regional hub for next-generation technologies while deepening bilateral ties with China. The initiative will introduce Tencent Cloud's advanced AI and cloud solutions to the Malaysian market through Ramssol's subsidiary, Rams Solutions, targeting retail and service industries seeking to automate operations, enhance customer engagement and adopt data-driven strategies for greater competitiveness across Asean markets. Deputy Communications Minister Teo Nie Ching, who officiated the event, said Malaysia's leadership as Asean Chair in 2025 positioned it uniquely to drive regional innovation and stability. She highlighted Prime Minister Datuk Seri Anwar Ibrahim's role in brokering peace between Thailand and Cambodia over a border dispute as an example of Malaysia's diplomatic and technological leadership. 'Technologies such as AI, smart communication, and cloud computing are redefining how economies grow, connect and innovate,' Teo said. 'Malaysia is proud to play a pivotal role in this journey. With our strategic position in Southeast Asia, a growing digital economy, and a future-ready talent pool, we remain committed to driving innovation that benefits all.' She stressed the need for alliances 'anchored on trust, mutual respect and shared ambitions' to build an open, secure and future-focused digital ecosystem that supports investment and long-term growth. Teo also outlined ongoing initiatives under the Communications and Multimedia Act 1998, including technical standards by the Malaysian Communications and Multimedia Commission (MCMC) to ensure communications equipment and services meet safety, interoperability and reliability benchmarks. Malaysia's broader digital push includes the Online Safety Act 2025, which mandates platforms to curb harmful content such as scams, cyberbullying and child exploitation, while maintaining innovation and free expression. She cited campaigns like Kempen Internet Selamat reaching over 43,000 participants in 348 schools and cashless adoption drives at Nadi Centres benefiting 1.8 million users as examples of initiatives fostering safer and more inclusive digital participation. Broadband penetration currently stands at 130.8% for mobile and 48.4% for fixed lines. Ramssol Group chairman Datuk Abdul Harith Abdullah said the collaboration reflects the group's long-term strategy to position Malaysia as a bridge for cross-border technology exchange and innovation in Asean. 'These collaborative events are more than just knowledge-sharing platforms; they are strategic gateways to future growth,' he said. 'By aligning Malaysia's digital ambitions with China's tech expertise, we are paving the way for sustained innovation, enhanced bilateral trade and scalable transformation across Asean.' The conference also showcased Tencent Cloud's real-time communication platforms, unmanned retail solutions, automated parking systems and intelligent media processing tools, technologies that have transformed consumer experiences in China and are now being introduced to Malaysian enterprises. Equinix's participation ensures scalable, secure digital infrastructure for cross-border solutions, with analysts noting robust infrastructure as vital for seamless technology integration. Teo described the initiative as a model for international cooperation where the Malaysia–China relationship continues to stand as a model where innovation drives value and collaboration leads to mutual prosperity. 'Let us move forward with confidence and a shared commitment to shaping a better, smarter future for Asia through innovation and cooperation,' she said.

Malay Mail
5 hours ago
- Malay Mail
Ringgit retreats as investors watch for US central bank policy updates
KUALA LUMPUR, July 29 — The ringgit ended lower against the US dollar today as market traders await the outcome of the United States (US) Federal Open Market Committee (FOMC) meeting, said an economist. The two-day FOMC meeting, taking place from July 29 to 30 in Washington, is expected to provide key guidance on the US Federal Reserve's monetary policy direction. At 6 pm, the local note eased to 4.2320/2365 versus the greenback from yesterday's close of 4.2275/2345. Bank Muamalat Malaysia Bhd chief economist Dr Mohd Afzanizam Abdul Rashid said that in the meantime, the US labour market data will be the key focus tonight when the Job Openings and Labor Turnover Survey (JOLTS) will be published. 'Consensus estimates have pegged the number of jobs openings to decline to 7.55 million in June from 7.769 million in the prior month,' he told Bernama. Thus far, he said, the US Dollar Index (DXY) has risen to as high as 99.01 but later hovers around 98.816 points. At the close, the ringgit ended higher against major currencies. It rose against the Japanese yen to 2.8479/8511 from 2.8497/8546 at the close on Monday, appreciated versus the British pound to 5.6518/6578 from 5.6720/6814 last week, and edged higher against the euro to 4.8990/9042 from 4.9331/9412 previously. The ringgit was also mostly higher against regional peers. It was higher against the Indonesian rupiah at 257.8/258.2 from yesterday's 258.3/258.9, gained against the Singapore dollar to 3.2875/2913 from 3.2917/2974, improved against the Philippine peso to 7.38/7.39 from 7.39/7.41, but weakened versus the Thai baht to 13.0537/0740 from 13.0511/0787 previously. — Bernama


Malay Mail
5 hours ago
- Malay Mail
Bursa stays bullish for FY2025 as fund managers hold record cash levels, forecasts return of foreign funds, IPO boom
KUALA LUMPUR, July 29 — Bursa Malaysia Bhd is maintaining its pre-tax profit (PBT) target of between RM369 million and RM408 million for the financial year ending Dec 31, 2025 (FY2025). Its chief executive officer, Datuk Fad'l Mohamed, said the projection remains amid strong liquidity from the domestic market and stable economic growth. He pointed out that the target is part of Bursa Malaysia's headline key performance indicator for the year and sees its earnings would potentially come from its derivatives and non-trading revenues to remain strong in the second half of its FY2025. Fad'l added that Bursa Malaysia anticipates a double-digit growth in its non-trading revenues over the next three years. 'Local investors, in particular, are noteworthy. I understand that many fund managers are currently holding cash. Data indicates that as of May, fund managers are holding approximately 11.5 per cent cash, which is the highest level since January 2024. 'We hope to see a greater level of trading activities once that cash is deployed,' he told reporters after announcing Bursa Malaysia's financial performance results for the first half of 2025 today. Fad'l said a better performance for FY2025 would also be supported with favourable aspects such as the attractive valuation of FBM KLCI, which currently stood at a discount of 17 per cent to its 10-year mean. He added that Bursa Malaysia is on track to capture 60 initial public offerings (IPOs) throughout 2025, with RM40.2 billion in total IPO market capitalisation. He added that the preemptive move undertaken by Bank Negara Malaysia to reduce interest rates by 25 basis points would bring additional liquidity to the financial system, and the FBM KLCI would have an upside from its current level of 1,530. In the first half of 2025, Bursa Malaysia recorded 32 IPOs, comprising six in the main market, 23 in ACE and three in LEAP. Meanwhile, trading activities in Bursa Malaysia are expected to recover in the second half of 2025, supported by capital deployment from funds currently holding high levels of cash. 'A lot of it will be dependent on capital flows. And I think quite clearly, for us, we see that funds are already sitting on a lot of cash. So, they will want to deploy that cash,' said Fad'l. He added that Bursa Malaysia still holds to the annual average daily trading value (ADV) consensus of RM2.6 billion. Fad'l believes that foreign funds may return to the Malaysian market as current valuations present an attractive entry point and strategic imperatives begin to take shape. He added that towards the end of last year, the bourse operator saw some movements with foreign funds that were looking to find safe havens. 'There was a lot of uncertainty towards the end of last year, including the Asean markets, which recorded foreign outflows. I think right now would be a good time, given where valuations are, for foreign funds to come back,' Fad'l said. — Bernama