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Malaysia’s AI Data Centre Development To Be Impacted By Recent US Restrictions -- Liew

KUALA LUMPUR, Feb 19 (Bernama) -- Malaysia is expected to face challenges in the development of artificial intelligence (AI) data centres due to the recent restrictions by the United States (US) on AI chip exports, said Deputy Investment, Trade and Industry Minister Liew Chin Tong. 

MADANI Govt’s Fiscal Discipline boosting Investor Confidence

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, Feb 19 (Bernama) -- The Madani government's fiscal discipline has successfully reduced the fiscal deficit from 5.5 per cent in 2022 to 4.1 per cent in 2024, demonstrating a strong recovery in debt reduction and boosting global investor confidence, said an economist. 

Malaysia Should Lead ASEAN’s Green Shipping Transition Through Financing, Collaboration, Says Expert

By Harizah Hanim Mohamed

KUALA LUMPUR, Feb 19 (Bernama) -- Malaysia should spearhead sustainable or green shipping initiatives within ASEAN, such as expanding access to regional financing schemes and promoting cooperation in carving out low-carbon shipping routes.

CPO Futures end Lower Amid Weaker Vegetable Oils

By Fatin Umairah Abdul Hamid

KUALA LUMPUR, Feb 18 (Bernama) -- The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives closed lower on Tuesday, taking the cue from weaker related vegetable oils and a lack of fresh fundamental data, an analyst said.

Local Companies Must Be Proactive In Integrating ESG Practices -- Liew

KUALA LUMPUR, Feb 18 (Bernama) -- Local micro, small and medium enterprises, exporters and companies involved in the supply chain are urged to be more proactive in incorporating environmental, social and governance (ESG) practices into their businesses.

Pearl of Africa Business Forum and Expo 2025 Targets US$5 Bln In Trade, Investment

KUALA LUMPUR, Feb 18 (Bernama) -- The Pearl of Africa Business Forum and Expo 2025 has projected a potential trade and investment of US$5 billion (US$1=RM4.425), including oil and gas exploration.

MDEC To Push For 25.5 Pct Digital Economy Contribution To Malaysia's GDP By End-2025

KUALA LUMPUR, Feb 18 (Bernama) -- The Malaysian Digital Economy Corporation (MDEC) will support Malaysia to achieve or surpass the 25.5 per cent digital economy contribution to gross domestic product (GDP) by the end of 2025, said its chief executive officer (CEO) Anuar Fariz Fadzil.

Bumiputera Companies Need To Collaborate With Non-bumi Firms To Strengthen Timber Industry – Johari

PUTRAJAYA, Feb 18 (Bernama) -- Bumiputera companies in the local timber industry need to collaborate with non-Bumiputera companies to expand their market share and strengthen their competitiveness, said the Minister of Plantation Industries and Commodities Datuk Seri Johari Abdul Ghani.

Bursa Malaysia Ends Morning Session Lower

KUALA LUMPUR, Feb 18 (Bernama) --  Bursa Malaysia finished the morning session lower as selling was seen in selected heavyweights led by Malayan Banking Bhd and Petronas Chemicals Group Bhd.

Timber Product Exports Up 4.9 Pct To RM22.9 Bln In 2024 - Johari Ghani

PUTRAJAYA, Feb 18 (Bernama) -- The export value of timber products increased 4.9 per cent to RM22.9 billion last year, compared to 2023, said Plantation and Commodities Minister Datuk Seri Johari Abdul Ghani.

Eco World Shares Rise In Early Trade After Land Disposal

KUALA LUMPUR, Feb 18 (Bernama) -- Eco World Development Group Bhd’s shares on Bursa Malaysia rose in early trade after disposing of its 56.06 hectares of freehold land in Iskandar Malaysia, Johor, to Microsoft Payments (Malaysia) Sdn Bhd for RM693.96 million.

PM Anwar’s Bahrain Visit To Strengthen Bilateral Ties And Extend ASEAN Summit Invitation

KUALA LUMPUR, Feb 18 (Bernama) – Total trade between Malaysia and Bahrain expanded to RM1.19 billion (US$260 million) in 2024, compared to RM1.5 billion (US$330 million) in 2023.