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Kenanga IB: Trade Shifts, AI To Drive Logistics Sector In 2025

KUALA LUMPUR, March 12 (Bernama) -- Kenanga Investment Bank Bhd (Kenanga IB) expects the domestic logistics sector to sustain steady growth in 2025, driven by the expanding e-commerce industry, the global technology upcycle fuelled by artificial intelligence (AI) demand, and a resilient United States (US) economy.

Tengku Zafrul Highlights Need For Continued ASEAN-UK Engagement To Boost Business Opportunities

KUALA LUMPUR, March 11 (Bernama) -- Investment, Trade and Industry Minister Tengku Datuk Seri Zafrul Abdul Aziz has emphasised the importance of continuous engagement between ASEAN and the United Kingdom (UK) in expanding business opportunities and deepening the strong economic ties that have been built.

Petronas Announces First Oil Delivery From GKGJE Phase 4

KUALA LUMPUR, March 10 (Bernama) -- Petronas, through Malaysia Petroleum Management (MPM), has announced the first oil delivery from the Gumusut-Kakap/Geronggong-Jagus East (GKGJE) Phase 4 offshore project, achieved on Feb 4, 2025.

4.89 Mln Ha Of Oil Palm Land MSPO Certified As At December 2024 - Chan

KUALA LUMPUR, March 10 (Bernama) -- A total of 4.89 million hectares (ha), or 86.47 per cent of palm oil cultivation areas in Malaysia, have received certification under the Malaysian Sustainable Palm Oil (MSPO) standard as of Dec 31, 2024, demonstrating Malaysia’s commitment to sustainability.

NAMLIFA Cautions Discrepancies In Private Hospital Charges Can Make Medical Insurance Unsustainable

KUALA LUMPUR, March 9 (Bernama) -- The National Association of Malaysian Life Insurance and Family Takaful Advisors (NAMLIFA) has urged the government to address the significant price disparity between insured and cash-paying patients at private hospitals, warning that such discrepancies could make medical insurance unsustainable.

Malaysia Must Prioritise Green Shipping As Global Maritime Industry Leans Towards Protecting Environment - Consultant

KUALA LUMPUR, March 9 (Bernama) – Malaysia should embrace and prioritise green shipping trends to remain relevant despite its strategic advantage along the Strait of Malacca, a global management consultant said.

No Finding, Report On Malaysia's Link In Nvidia Chip Fraud Case -- Tengku Zafrul

KUALA LUMPUR, March 6 (Bernama) -- Investment, Trade and Industry Minister Tengku Datuk Seri Zafrul Abdul Aziz said there are no findings or reports indicating that Nvidia artificial intelligence (AI) chips in servers were transferred to Malaysia from Singapore as claimed. 

Veson Nautical, Cargill Strengthen Partnership To Drive Maritime Digital Transformation

KUALA LUMPUR, March 6 (Bernama) -- Veson Nautical (Veson), a global leader in maritime data and freight management solutions, has expanded its long-term partnership with Cargill to accelerate digital transformation in the maritime sector.

CCUS Bill, Regulations Related To Co2 In Offshore Areas Need To Be Enforced By March 31 - Economy Ministry

KUALA LUMPUR, March 5 (Bernama) -- The Economy Ministry emphasised the need to develop and enforce the Carbon Capture, Utilisation and Storage Bill (CCUS Bill) and regulations related to the importation and permanent storage of carbon dioxide in offshore areas by March 31, 2025.

Govt To Determine Any Laws Breached In Alleged Shipment Of US-sanctioned AI Chips - MITI

KUALA LUMPUR, March 4 (Bernama) -- The government is taking necessary actions to establish whether Malaysian laws had been breached in the alleged shipment of United States (US)-sanctioned artificial intelligence (AI) chips from Singapore to Malaysia, said the Ministry of Investment, Trade and Industry (MITI).

NationGate's Shares Rise 27 Sen In Early Trade

KUALA LUMPUR, March 4 (Bernama) -- NationGate Holdings Bhd’s shares jumped by 20.7 per cent in the early trading session today, rebounding from its sharp fall yesterday which prompted Bursa Malaysia Securities Bhd to issue an unusual market activity query to the company.

NationGate Denies Link To Alleged NVIDIA Chip Movement

KUALA LUMPUR, March 4 (Bernama) -- Nationgate Holdings Bhd today denied any involvement in an ongoing fraud case in Singapore related to the alleged movement of Nvidia chips.