KUALA LUMPUR, May 22 (Bernama) -- The government is open to government-linked companies (GLCs) taking calculated losses in strategic sectors such as the digital economy and artificial intelligence (AI), provided there is transparency, good governance and clear policies.
KUALA LUMPUR, May 22 (Bernama) -- The Malaysian Investment Development Authority (MIDA) has collaborated with Daikin Malaysia Sdn Bhd and the Selangor Human Resource Development Centre (SHRDC) to organise the MIDA-Daikin Supply Chain Programme.
By Jailani Hasan
LABUAN, May 22 (Bernama) -- The Asian Development Bank (ADB) held a strategic engagement session with the Labuan Chamber of Commerce (LCC) to explore Labuan’s potential as a regional platform capable of supporting economic growth and connectivity across Asian countries.
By Harizah Hanim Mohamed
KUALA LUMPUR, May 22 (Bernama) -- The ringgit retreated against the US dollar on Friday, ending a three-day winning streak as investors focused on geopolitical tensions and the increasingly hawkish stance adopted by central banks globally.
KUALA LUMPUR, May 22 (Bernama) -- Local halal sauces and condiments manufacturer, Mahsuri Food Sdn Bhd has launched its new state-of-the-art production facility in Seremban, Negeri Sembilan, marking its efforts to scale its production capabilities and efficiency.
KUALA LUMPUR, May 22 (Bernama) -- InterSystems, a creative data technology provider headquartered in Boston, has expanded its Indonesia presence with the opening of a new office in Jakarta.
KUALA LUMPUR, May 22 (Bernama) -- Emerging Markets Global Advisory LLP (EMGA) announced that OeEB has provided a US$15 million financing facility to Asia Alliance Bank (AAB) to support funding for small and medium-sized enterprises (SMEs), women entrepreneurs and green projects in Uzbekistan. (US$1=RM3.95)
SHAH ALAM, May 22 (Bernama) -- Malaysia’s aerospace, maintenance, repair and overhaul (MRO) and manufacturing sectors have employed more than 35,000 highly skilled workers in 2025, exceeding the initial target of over 30,000 by 2030 set under the Malaysian Aerospace Industry Blueprint 2030 (MAIB 2030).
IPOH, May 22 (Bernama) -- Chinese automotive component manufacturer Yantai Yatong Precision Mechanical Corporation is investing RM160 million to set up a new factory in Perak, further strengthening the state’s position as a growing automotive industry hub.
KUALA LUMPUR, May 22 (Bernama) -- Southeast Asia’s green economy has scaled to US$290 billion (US$1 = RM3.96) this year, but a realisation gap exceeding 35 per cent has opened between announced and deployed green capital expenditure (Capex) across the region’s power and electric vehicles (EV) value chains, according to a recent report by Bain & Company and Standard Chartered.
By Jailani Hasan
LABUAN, May 22 (Bernama) -- The Asian Development Bank’s (ADB) official visit to Labuan has renewed attention on the duty-free island’s strategic economic position as an offshore oil and gas support base, international financial centre and maritime gateway.
KUALA LUMPUR, May 22 (Bernama) -- Maybank Group’s social impact arm, Maybank Foundation, recently honoured winners of its 9th MyTIGER Values Art Competition and Exhibition (MTVACE) 2026 at Stadium Merdeka, showcasing artworks by 36 students from across the country.
