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Malaysia's Targeted Subsidies Expected To Moderate Inflation Pressure Amid West Asia Conflict, Says MARC

KUALA LUMPUR, March 18 (Bernama) -- Malaysia’s headline inflation is expected to remain manageable, supported by the government’s targeted subsidies, amid the West Asia conflict, according to the Malaysian Rating Corporation Bhd (MARC).

Top Glove's 2Q Net Profit Rises To RM30.76 Mln, Revenue Jumps 14 Pct

KUALA LUMPUR, March 18 (Bernama) -- Top Glove Corporation Bhd’s net profit increased to RM30.76 million in the second quarter ended Feb 28, 2026 (2Q FY2026) from RM30.28 million posted in the same quarter last year.

Medical Sector To Remain Unaffected By Ongoing Geopolitical Tension -- Sunway Healthcare

KUALA LUMPUR, March 18 (Bernama) -- The Malaysian medical sector is not affected by ongoing geopolitical tensions in the Middle East; hence, the outlook for the medical tourism sector remains strong for this year, said Sunway Healthcare Holdings Bhd. 

Akur8 Acquires Slope Software, Enters L&A Market

KUALA LUMPUR, March 18 (Bernama) -- Akur8, the global actuarial artificial intelligence (AI) platform, has entered the life and annuity (L&A) insurance market with the acquisition of Slope Software, expanding its capabilities beyond property and casualty (P&C) offerings.

Petronas Recognises Sabah’s Growing Role In Malaysia’s OGSE Sector

KOTA KINABALU, March 18 (Bernama) -- Petroliam Nasional Bhd (Petronas) recognises Sabah’s growing role in Malaysia’s oil and gas services and equipment (OGSE) sector, as part of broader collaborative efforts to strengthen the state’s contribution to national energy security and economic development.

Oxford Nanopore Partners A.D.A.M. Innovations To Advance Genomic Sequencing In Japan

KUALA LUMPUR, March 18 (Bernama) -- Oxford Nanopore Technologies and A.D.A.M. Innovations (Japanese corporate name Genesis Healthcare Co) announced an international collaboration to accelerate advanced genomic sequencing and medicine applications in Japan.

OCBC Revises Brent Forecast Higher, Expects Prices Around US$100 Through Mid-year

KUALA LUMPUR, March 17 (Bernama) -- OCBC Group Research has revised its Brent crude oil forecast higher, expecting prices to remain elevated at around US$100 per barrel through mid-year before easing towards US$70 per barrel by early 2027 amid ongoing supply disruptions.

EIG’s MidOcean Energy Secures US$1.2 Bln Equity Raise

KUALA LUMPUR, March 17 (Bernama) -- MidOcean Energy (MidOcean), a liquefied natural gas (LNG) company formed and managed by EIG, announced it has secured an equity capital raise of more than US$1.2 billion. (US$1=RM3.91)

Kioxia Demonstrates Billion-Scale AI Vector Search

KUALA LUMPUR, March 17 (Bernama) -- Kioxia Corporation, a leader in memory solutions, has demonstrated high-dimensional vector search scaling to 4.8 billion vectors on a single server using its open-source KIOXIA AiSAQ approximate nearest neighbour search (ANNS) technology.

Hire-Purchase (Amendment) Act 2026 Allow Providers To Offer Fixed Rate, Variable Rate Loans -- BNM

KUALA LUMPUR, March 17 (Bernama) -- The Hire-Purchase (Amendment) Act 2026 (HPAA) continues to allow hire-purchase providers to offer both fixed-rate and variable-rate loans, said Bank Negara Malaysia (BNM).

Kioxia Unveils High-Performance SSD For AI Workloads

KUALA LUMPUR, March 17 (Bernama) -- Kioxia Corporation, a leader in memory solutions, has announced the development of a Super High (input/output operations per second) IOPS solid-state drive (SSD) designed to enhance artificial intelligence (AI) systems by enabling graphics processing units (GPUs) to directly access high-speed flash memory.

Cushman & Wakefield Appoints Victoria Lake As CFO For APAC, EMEA

KUALA LUMPUR, March 17 (Bernama) -- Cushman & Wakefield, a global real estate services firm, has appointed Victoria Lake as Chief Financial Officer (CFO) for Asia Pacific (APAC) and Europe, the Middle East, and Africa (EMEA).