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MITI Probes Alleged Breach Involving Nvidia-powered AI Chips

KUALA LUMPUR, June 18 (Bernama) -- The Ministry of Investment, Trade and Industry (MITI)  is verifying with relevant agencies to see whether any local laws have been breached following reports of a Chinese company using Nvidia-powered artificial intelligence (AI) chips for Large Language Model (LLM) training in Malaysia.

Govt Expects Inflation To Rise Less Than 0.25 Pct Following SST Review

By Zufazlin Baharuddin

PETALING JAYA, June 18 (Bernama) -- The inflation rate is expected to remain under control, with a projected increase of less than 0.25 per cent following the review and expansion of the Sales and Service Tax (SST) scope, effective July 1.

Lantronix, Aerora Team Up To Advance Edge AI In Drones, Robotics

KUALA LUMPUR, June 18 (Bernama) -- Lantronix Inc, a global provider of compute and connectivity solutions for the Internet of Things (IoT), has announced a collaboration with Aerora to deliver Edge artificial intelligence (AI)-driven solutions aimed at advancing drone, robotics and surveillance technologies.

Aviation Experts Convene In Penang For ASEAN Aviation Sustainability Workshop

GEORGE TOWN, June 17 (Bernama) -- A total of 88 aviation experts from the region and Europe gathered here for the ASEAN Workshop on Aviation Sustainability - Operational Improvements and Efficiency Gains to discuss various aviation-related topics, including a focus on carbon emission measurements and airspace efficiency.

Mavenir Cuts Over US$1.3 Bln In Debt Through Strategic Recapitalisation

KUALA LUMPUR, June 17 (Bernama) -- Mavenir, a cloud-native network infrastructure provider, and its existing investor Siris have signed a comprehensive recapitalisation agreement with Mavenir’s lenders to significantly enhance the company’s financial foundation.

Malaysia Must Be Adaptive In Policies To Become High-income Economy - PM Anwar

KUALA LUMPUR, June 17 (Bernama) -- Malaysia must be adaptive in its policies, have strong institutions, and maintain a clear vision of its chosen direction to achieve its goal of becoming a high-income economy, said Prime Minister Datuk Seri Anwar Ibrahim. 

FGV Holdings' Share Price Eases Amid News Of Felda's Privatisation Plan

By Rosemarie Khoo Mohd Sani

KUALA LUMPUR, June 17 (Bernama) -- FGV Holdings Bhd’s share price was lower in the early trade amid recent news about its privatisation plans by the Federal Land Development Authority (Felda). 

Felda Dispatches Offer Documents For FGV Privatisation Plan, Closing July 7

KUALA LUMPUR, June 16 (Bernama) -- The Federal Land Development Authority (Felda) today said it has dispatched the offer documents for its plan to privatise FGV Holdings Bhd, with the offer closing at 5 pm on Monday, July 7, 2025, unless extended.

Singda Superalloy RM900 Mln Investment Boosts Johor's Metal Industry

JOHOR BAHRU, June 13 (Bernama) -- Johor continues to attract foreign investors as Jiangsu Longda Superalloy from China, through its subsidiary Singda Superalloy (Malaysia) Sdn Bhd, has finalised a RM900 million large-scale investment commitment in the state.

Economic News Reporting Skills Pivotal As Tariffs Dominate Global Headlines

KUALA LUMPUR, June 13 (Bernama) -- Journalists are keenly aware that knowledge in business and economics reporting is a pivotal component in covering domestic, regional and international issues competently, with tariffs now dominating global headlines.

DALI Alliance's DALI+ Bags Two Top Honours At LightFair 2025

KUALA LUMPUR, June 11 (Bernama) -- The DALI Alliance has announced that DALI+, its next-generation wireless and Internet Protocol (IP)-based lighting control technology, earned two major accolades at the 2025 LightFair Innovation Awards, held recently at the Las Vegas Convention Center.

EBC, Brokeree Solutions To Empower Traders Through Education, Technology

KUALA LUMPUR, June 10 (Bernama) -- EBC Financial Group (EBC), a global leader in financial brokerage and asset management, has announced a strategic knowledge partnership with Brokeree Solutions, a cutting-edge technology provider serving multi-asset brokers worldwide.