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Tasik Kenyir Not Ready To Be Large-scale Data Centre Hub -- MITI

KUALA LUMPUR, Dec 2 (Bernama) -- The proposal to develop Tasik Kenyir as a large-scale data centre hub is not suitable to be implemented at this time, said the Ministry of Investment, Trade and Industry (MITI).

Bursa Malaysia Ends Higher On Improved Regional Sentiment

By Abdul Hamid A Rahman

KUALA LUMPUR, Dec 2 (Bernama) -- Bursa Malaysia’s key index sustained its uptrend but closed off its intraday high as investor sentiment continued to improve amid broad gains across major Asian markets, said an analyst.

Malaysia’s PMI Rises As November New Orders Hit Three-Year High

KUALA LUMPUR, Dec 2 (Bernama) -- Malaysia’s manufacturing sector Purchasing Managers’ Index (PMI) rose to 50.1 in November versus 49.5 in October, supported by a surge in new orders that reached their highest level in more than three years, said MBSB Investment Bank Bhd (MBSB IB).

Kioxia Unveils AI Image Recognition Tech To Streamline Logistics Workflows

KUALA LUMPUR, Dec 2 (Bernama) -- Kioxia Corporation announced the development of an artificial intelligence (AI)-driven image recognition technology that automatically identifies products within logistics operations, created in collaboration with Tsubakimoto Chain Co (Tsubakimoto Chain) and EAGLYS Inc (EAGLYS).

Banks To Offer Goodwill Discounts For Early Settlement Of Hire-Purchase Agreements

KUALA LUMPUR, Dec 2 (Bernama) -- Malaysia’s banks will offer goodwill discounts for early settlement of existing fixed-rate hire-purchase agreements following the Dewan Negara’s passing of the Hire-Purchase (Amendment) Bill yesterday.

SATO Vietnam Implements RFID Label Solution For Hayabusa, Boosting Supply Chain Traceability

KUALA LUMPUR, Dec 2 (Bernama) -- SATO Vietnam Solutions Co Ltd, part of the global SATO Group, has deployed an RFID label printing solution for Hayabusa Vietnam Co Ltd, enhancing operational efficiency, cost control, and traceability at its Vietnam factory.

BUDI95: 13.9 Mln Enjoyed Petrol Subsidy Programme, With RM5.16 Bln In Sales As Of Nov 30 -- Lim

KUALA LUMPUR, Dec 2 (Bernama) -- More than 84 per cent of 16.5 million eligible Malaysians, or 13.9 million, have enjoyed the RON95 petrol price of RM1.99 per litre under the BUDI MADANI RON95 (BUDI95) programme as of Nov 30, 2025, according to Deputy Finance Minister Lim Hui Ying.

Maybank IB Upgrades Banking Sector Outlook To Positive For 2026

KUALA LUMPUR, Dec 2 (Bernama) -- Maybank Investment Bank Bhd (Maybank IB) expects 2026 to be a more conducive operating year for the banking sector, with aggregate operating profit and net profit forecast to grow by 4.7 per cent and five per cent, respectively.

IATA: Asia Pacific Demand Remains Robust, Malaysia Set For Sustained Growth

By Kisho Kumari Sucedaram

KUALA LUMPUR, Dec 2 (Bernama) -- Asia Pacific remains the world’s fastest-growing aviation region, with demand continuing to outpace capacity amid supply chain pressures, said the International Air Transport Association (IATA).

Ringgit Opens Firmer Against US Dollar, Major Currencies

KUALA LUMPUR, Dec 2 (Bernama) -- The ringgit opened higher against the US dollar and a basket of major currencies, buoyed by expectations of US interest rate cuts as weaker US economic data weighed on the greenback.

Tengku Zafrul’s Legacy Marked By Continued Fervour To Scale Up Malaysia’s Trade Competitiveness

By Karina Imran

KUALA LUMPUR, Dec 1 (Bernama) – Tengku Datuk Seri Zafrul Abdul Aziz not only leaves behind a legacy marked by a continued fervour to scale up Malaysia’s global competitiveness in trade and industry but showed remarkable leadership in being able to lower tariff rates to a more palatable level imposed by the United States.

Analaysts Maintain Overweight Call On Banking Sector Amid Earnings Resilience

KUALA LUMPUR, Dec 1 (Bernama) -- Analysts have maintained their ‘Overweight’ calls on the banking sector, citing resilient earnings, loan growth and attractive dividend yields despite ongoing margin pressures.