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ECERDC Shifts To Targeted Development Phase Under EDP 2026-2030

By Siti Noor Afera Abu & Fatin Umairah Abd Hamid

KUALA LUMPUR, Jan 28 (Bernama) -- The East Coast Economic Region Development Council (ECERDC) is now entering a more focused phase of targeted development, with the rollout of the East Coast Development Plan (EDP) 2026-2030, after surpassing its investment and job creation targets under the East Coast Economic Region Master Plan (EMP 2.0).

IILM sukuk Portfolio At A Record High Of US$6.65 Bln

KUALA LUMPUR, Jan 27 (Bernama) -- The International Islamic Liquidity Management Corporation (IILM) said its outstanding short-term sukuk portfolio has reached a new record high of US$6.65 billion.

Equinix Eyes Growth Opportunities Across Malaysia Amid Rising Data Centre Demand

KUALA LUMPUR, Jan 27 (Bernama) -- Equinix Inc is actively exploring opportunities across Malaysia to determine how the company can effectively service and meet future customer demand, amid strong and growing interest in the country’s data centre market.

Malaysia Equities Hit Strongest Level Since 2018 On Firmer Ringgit, Solid Local Fundamentals

By Nurunnasihah Ahmad Rashid and Abdul Hamid A Rahman

KUALA LUMPUR, Jan 27 (Bernama) -- Malaysia’s equity market surged to its strongest level since 2018 on Tuesday, as renewed investor confidence, underpinned by a firmer ringgit and shifting global capital dynamics, prompted a reassessment of the country’s risk profile, say economists.

Penang Homeport Shift To Boost Malaysia’s Maritime Role

GEORGE TOWN, Jan 27 (Bernama) -- The federal government’s move to position Penang Port, anchored by Swettenham Pier Cruise Terminal (SPCT), as the main homeport for the northern region is expected to elevate Penang’s role within Malaysia’s maritime ecosystem and strengthen regional economic connectivity.

Bank Muamalat Bags World Outstanding Islamic Bank Excellence Award 2026

KUALA LUMPUR, Jan 27 (Bernama) -- Bank Muamalat Malaysia Bhd has been recognised on the global stage after being conferred the prestigious “World Outstanding Islamic Bank Excellence Award 2026” in London, the United Kingdom.

A2RL Drone Championship Pits Human Skill Against AI

KUALA LUMPUR, Jan 27 (Bernama) -- The Abu Dhabi Autonomous Racing League (A2RL) Drone Championship delivered a high-profile test of human skill against artificial intelligence (AI), with autonomous systems setting new speed benchmarks while a human pilot narrowly prevailed in the headline Human vs AI finale.

Malton Explores Entry Into Electric Motorcycle Sector Via Partnership With China’s Dongguan Benling

KUALA LUMPUR, Jan 26 (Bernama) -- Malton Bhd has signed a memorandum of understanding (MOU) with China-based Dongguan Benling Vehicle Technology Co Ltd (BENLG) to explore setting up a local assembly plant and distribution system for electric motorcycles in Malaysia.

Bursa Malaysia Surges To Highest Level Since 2018 At Mid-Afternoon

KUALA LUMPUR, Jan 26 (Bernama) -- Bursa Malaysia’s key benchmark index surged to its highest level in more than seven years at mid-afternoon, lifted by the ringgit's continued strength against the US dollar which drew traders' focus towards domestic-oriented sectors, especially the financial services counters.

Bursa Malaysia Extends Gains At Midday Amid Mixed Regional Performance

KUALA LUMPUR, Jan 26 (Bernama) -- Bursa Malaysia extended its gains at midday on sustained buying interest in selected heavyweight stocks, led by financial counters, amid a mixed regional market performance, said an analyst. 

AM Best Affirms Hong Leong Insurance (Asia) Credit Ratings As Excellent

KUALA LUMPUR, Jan 26 (Bernama) -- Global credit rating agency, AM Best has affirmed the financial strength rating of A- (Excellent) and the long-term issuer credit rating of “a-” (Excellent) of Hong Leong Insurance (Asia) Limited (HLIA), maintaining a stable outlook.

Saudi Ministers Pitch 'Connector Economy' At WEF Davos

KUALA LUMPUR, Jan 26 (Bernama) -- Saudi Arabia’s ministers at the World Economic Forum (WEF) Annual Meeting in Davos outlined the Kingdom's strategy to become a pivotal "connector economy" amid shifts in global trade, aggressively expanding its tourism sector, and reinforcing its role as a stable partner in finance and emerging technologies.