Economic

Holafly for Business Sees Rising Demand For Enterprise Travel Connectivity Solutions 

KUALA LUMPUR, May 5 (Bernama) -- Holafly for Business noted that companies are increasingly adopting more integrated connectivity solutions for employees travelling abroad, as reliance on public WiFi and traditional roaming networks raises operational and security risks.

TII Technology Acquired By OPAQUE To Advance Confidential AI

KUALA LUMPUR, May 5 (Bernama) -- Technology Innovation Institute (TII) has announced that its advanced cryptographic artificial intelligence (AI) technologies have been acquired by OPAQUE, a San Francisco-based confidential AI company.

Shah Alam Sports Complex Project Value Remains At RM2.94 Bln

SHAH ALAM, May 5 (Bernama) -- The Shah Alam Sports Complex (KSSA) development is proceeding as planned with the committed value remaining at RM2.94 billion despite concerns over potential cost increase following the global supply crisis.

MIMOS Forges Partnership With Universiti Brunei Darussalam To Advance Deep-Tech Agenda

KUALA LUMPUR, May 5 (Bernama) -- MIMOS International Venture Sdn Bhd (MIVSB) has formalised a strategic partnership with Universiti Brunei Darussalam (UBD) to advance Malaysia’s deep-tech agenda and accelerate regional commercialisation.

PDC, MAHB Approve Formation Of Joint Venture Company To Implement PILA Project

GEORGE TOWN, May 5 (Bernama) -- The Penang Development Corporation (PDC) and Malaysia Airports Holdings Bhd (MAHB) have approved the setting up of a joint venture company, Syarikat Usahasama PILA Sdn Bhd, to implement the Penang International Logistics Aeropark (PILA) project.

Jumio Launches Continuous Identity Risk Monitoring Solution

KUALA LUMPUR, May 5 (Bernama) -- Jumio, an artificial intelligence (AI)-powered identity intelligence provider, has launched Jumio Watch, a continuous identity intelligence solution designed to improve how organisations manage identity risk.

Malaysia Sees No Major Energy, Raw Material Risk To Semiconductor Industry -- Johari

KUALA LUMPUR, May 5 (Bernama) -- Malaysia does not see energy supply or raw material shortages as a major risk to its semiconductor industry at this stage, supported by its status as a net gas exporter, Investment, Trade and Industry Minister Datuk Seri Johari Abdul Ghani said.

Malaysia Welcomes Embraer's Interest To Explore Opportunities, Including Potential Assembly Operations - Johari

KUALA LUMPUR, May 4 (Bernama) -- Malaysia welcomes Brazilian aerospace company Embraer’s interest in exploring opportunities in the country, including the potential establishment of assembly operations, Investment, Trade and Industry Minister Datuk Seri Johari Abdul Ghani said.

Indonesia Plans Export Duties, Windfall Tax On Coal And Nickel To Ease Subsidy Burden

JAKARTA, May 4 (Bernama) -- Indonesia plans to introduce export duties and a windfall tax on coal and nickel as part of efforts to offset rising subsidy costs in the national budget.

Japan, Malaysia Must Work Even Closer To Elevate Industrial Cooperation -- Envoy

KUALA LUMPUR, May 4 (Bernama) -- Japan and Malaysia must work even more closely to elevate industrial cooperation, seize new opportunities and build resilience in an uncertain global environment.

SCIB Gets Shareholder Nod For RM151.19 Mln Disposal Exercise

KUALA LUMPUR, May 4 (Bernama) -- Sarawak Consolidated Industries Bhd (SCIB) has obtained shareholders’ approval for a strategic divestment exercise with a total potential value of RM151.19 million at its extraordinary general meeting (EGM).

Malaysia’s GDP Seen To Moderate To 4.2 Pct In 2026 -- MBSB IB

KUALA LUMPUR, May 4 (Bernama) -- Malaysia’s gross domestic product (GDP) growth is likely to moderate to 4.2 per cent this year, compared with 5.2 per cent in 2025, driven by growing domestic demand alongside still-resilient external demand, according to MBSB Investment Bank Bhd (MBSB IB).