22d ago
KUALA LUMPUR, May 22 (Bernama) -- The government is open to government-linked companies (GLCs) taking calculated losses in strategic sectors such as the digital economy and artificial intelligence (AI), provided there is transparency, good governance and clear policies.
23d ago
KUALA LUMPUR, May 21 (Bernama) -- Global credit rating agency, AM Best has affirmed the financial strength rating of B++ (Good) and the long-term issuer credit rating of “bbb” (Good) of Thailand’s Asian Reinsurance Corporation (Asian Re).
26d ago
KUALA LUMPUR, May 19 (Bernama) -- Developers with projects that deliver strong social and environmental returns and align with regional priorities will receive stronger government backing, said Deputy Economy Minister Datuk Mohd Shahar Abdullah.
1m ago
KUALA LUMPUR, May 13 (Bernama) -- UEM Group Bhd and its subsidiaries spent a total of RM5.5 billion on procurement from Bumiputera vendors and suppliers between 2023 and 2025, said managing director Datuk Amran Hafiz Affifudin.
1m ago
BATU KAWAN, May 8 (Bernama) -- Malaysia aims to develop domestic capability in advanced semiconductor packaging within two years through the establishment of the Malaysia Advanced Packaging Consortium (MAPC).
1m ago
By Danni Haizal Danial Donald
KUALA LUMPUR, May 4 (Bernama) -- The ringgit strengthened against regional peers at the close as investors’ risk appetite improved, underpinned by growing confidence in safe passage through the Strait of Hormuz.
1m ago
KUALA LUMPUR, May 4 (Bernama) -- LyondellBasell (LYB) announced it has completed the sale of select European olefins and polyolefins assets, and the associated business and corporate functions, to AEQUITA, marking a key milestone in its strategic review of operations in the region.
1m ago
LABUAN, May 4 (Bernama) -- Labuan Corporation (LC) is stepping up efforts to participate directly in business ventures through asset capitalisation, as part of a broader strategy to achieve long-term financial sustainability and reduce reliance on annual government grants.
1m ago
By Mohamad Syazwan Mustafa
JOHOR BAHRU, April 30 (Bernama) -- Artificial intelligence (AI) and a surge in digital infrastructure investment, particularly data centres, are expected to be key drivers of Malaysia's economic growth over the next five to 10 years, thus reshaping the country's economic structure from a labour-intensive model to a high-value technology and data-based economy.
1m ago
KUALA LUMPUR, April 30 (Bernama) -- Malaysia’s economy is expected to grow by 4.6 per cent to 4.9 per cent over the next three years, supported by household consumption, artificial intelligence-related investments, and technology exports, said S&P Global Ratings.
1m ago
KUALA LUMPUR, April 28 (Bernama) -- Khazanah Nasional Bhd, in partnership with the Securities Commission Malaysia (SC), has priced Malaysia’s first tokenised sukuk with a nominal value of RM100 million.
1m ago
KUALA LUMPUR, April 28 (Bernama) -- The local equity market remained resilient, rising 1.5 per cent last Friday, reflecting investor confidence in the country’s economic fundamentals, Economy Minister Akmal Nasrullah Mohd Nasir said.