Melaka To Get Over RM9 Bln Investment To Build AI Data Centre In Jasin

MELAKA, Feb 4 (Bernama) -- Melaka is set to receive an investment of more than RM9 billion to develop the state’s first artificial intelligence (AI)-based data centre.

Dassault Systemes, Nvidia In Pact To Build Industrial AI Platform Powering Virtual Twins

HOUSTON, Feb 3 (Bernama) -- French software giant Dassault Systemes and Nvidia have forged a long-term strategic partnership to build a shared industrial architecture for mission-critical artificial intelligence (AI), aimed at accelerating the use of science-based “virtual twins” across multiple industries.

Ringgit Opens Higher Against US Dollar Amid Mixed Fed Rate Views

KUALA LUMPUR, Feb 4 (Bernama) -- The ringgit opened higher against the US dollar on Wednesday amid mixed views among the United States Federal Reserve (Fed) officials on interest rates.

IILM Short-term Sukuk Portfolio Hits US$6.795 Bln

KUALA LUMPUR, Feb 3 (Bernama) --  The International Islamic Liquidity Management Corporation (IILM), the world’s leading issuer of shariah-compliant short-term liquidity instruments, said its outstanding sukuk portfolio reached a record US$6.795 billion (US$1 = RM3.93), up 64 per cent from US$4.14 billion a year ago.

Rubber Market To Turn Cautiously Bullish Next Week On Supply Constraints - MARGMA

By K. Naveen Prabu

KUALA LUMPUR, Jan 31 (Bernama) -- The rubber market is expected to be cautiously bullish next week, supported by steady upstream price momentum.

GDB Secures RM121.4 Mln Bina Muhibbah Permajaya Infrastructure Contracts

KUALA LUMPUR, Jan 30 (Bernama) -- GDB Holdings Bhd has secured infrastructure contracts totalling RM121.4 million for two Bina Muhibbah Permajaya Construction Sdn Bhd projects.

Bursa Malaysia Ends Lower As Profit-Taking Gathers Pace

By Karina Imran

KUALA LUMPUR, Jan 29 (Bernama) -- Bursa Malaysia extended its pullback as profit-taking intensified, with most sectors closing lower in a broad-based consolidation, an analyst said.

Multi-Color Corporation Begins Prepackaged Process To Restructure Balance Sheet

KUALA LUMPUR, Jan 29 (Bernama) -- Multi-Color Corporation (MCC) has commenced its prepackaged Chapter 11 process in the United States Bankruptcy Court for the District of New Jersey to implement a previously announced restructuring support agreement (RSA) aimed at resetting its balance sheet and positioning the company for long-term growth and investment.

Dubai Gold District Debuts As Global Gold, Jewellery Hub

KUALA LUMPUR, Jan 29 (Bernama) -- Ithra Dubai has officially launched the Dubai Gold District, a purpose-built destination designed to significantly enhance Dubai’s position as the world’s leading hub for the gold and jewellery trade.

Polyplastics Develops Mechanically Recycled DURAFIDE PPS Grades

KUALA LUMPUR, Jan 28 (Bernama) -- Polyplastics Co Ltd, a global leader in engineering thermoplastics, has developed two new DURAFIDE polyphenylene sulphide (PPS) grades made of mechanically recycled content.

Ringgit Stages Comeback, Among Asia’s Best Performers, Says World Bank Economist

KUALA LUMPUR, Jan 28 (Bernama) -- The ringgit has staged a strong comeback, rising from around the 4.70 level against the US dollar a few years ago to the 3.90 level currently, making it one of Asia’s best-performing currencies, said World Bank lead economist for Malaysia Apurva Sanghi.

Coventry Completes US$750 Mln In Life Insurance-Backed Deal Under LILY Programme

KUALA LUMPUR, Jan 28 (Bernama) -- Coventry, the leader and creator of the secondary market for life insurance, has completed its third asset-backed securitisation since April 2025 under its LILY programme.