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VCI Global Launches Malaysia’s First NVIDIA-Powered AI GPU Computing Center

KUALA LUMPUR, March 5 (Bernama) -- VCI Global Limited (VCI Global) announced that its wholly owned subsidiary V Gallant Sdn Bhd (V Gallant) successfully went live with Malaysia’s first NVIDIA-powered AI GPU Computing Center on March 3.

US-Iran Escalation Keeps Oil Prices Firm, Lifts Palm Oil Outlook -- MPOC

KUALA LUMPUR, March 5 (Bernama) -- Prolonged conflict in the Middle East could sustain a price floor for crude oil through 2026, lending underlying support to palm oil prices and reinforcing firmer trends across the global edible oils market.

CPO Futures Close Lower On Weak Export Demand Concerns

By K. Naveen Prabu

KUALA LUMPUR, March 4 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives closed lower today due to concerns about weak export demand in the coming weeks.

Ringgit Rebounds Against US Dollar On Renewed Demand

KUALA LUMPUR, March 4 (Bernama) -- The ringgit snapped a three-day losing streak to close higher against the US dollar on Wednesday, supported by renewed demand for the local currency, although trading remained range-bound as traders and investors stayed cautious in view of geopolitical risks.

GBI Launches Global Building Certification To Achieve Sustainability, Performance Outcomes

KUALA LUMPUR, March 4 (Bernama) -- The Green Building Initiative (GBI) announced the global launch of Ascent Building Certification, a science-based whole building programme designed to evaluate sustainability, health, and resilience practices for commercial real estate across regions and portfolios.

APAC Commodity Issuers Likely To See Divergent Effects With Prolonged Iran Conflict - Fitch Ratings

KUALA LUMPUR, March 4 (Bernama) -- Asia-Pacific commodity issuers are likely to see divergent credit effects if the Iran conflict prolongs Gulf energy supply and shipping disruption, global credit rating agency Fitch Ratings said today.

GE Aerospace Ramps Up APAC Investment, Malaysia As MRO Growth Hub

By Kisho Kumari Sucedaram

 

KUALA LUMPUR, March 4 (Bernama) -- GE Aerospace has accelerated investments in Asia Pacific (APAC) with Malaysia as the cornerstone for its regional maintenance, repair and overhaul (MRO) expansion strategy, as the aerospace major prepares for sustained growth in post-pandemic air travel demand.

Rivertree STF Synergies Inks HoA To Develop Labour Quarters Worth RM600 Mln

KUALA LUMPUR, March 3 (Bernama) -- Rivertree STF Synergies Bhd (RSSB) has inked a Heads of Agreement (HoA) with Catenary Capital Sdn Bhd and Q Centre Management Sdn Bhd (QCM) for the development of four Centralised Labour Quarter (CLQ) facilities in the Klang Valley.

Korea Newswire Unveils Intelligent PR Platform With Largest Media Database

KUALA LUMPUR, March 3 (Bernama) -- Korea Newswire, a press release distribution service provider, has launched MediaBee, a comprehensive PR intelligence platform that leverages Korea’s largest media database to streamline complex local market dynamics for global companies and agencies.

Upwind Expands Across APJ To Tackle Cloud Risk

KUALA LUMPUR, March 3 (Bernama) -- Upwind, the runtime-first cloud security leader, announced an expansion across Asia-Pacific and Japan (APJ), doubling down on its presence in India to meet escalating enterprise demand for real-time cloud and artificial intelligence (AI) security.

Malaysia’s Exposure To US-Iran Conflict Moderate, Manageable — Economist

KUALA LUMPUR, March 3 (Bernama) -- Malaysia has a moderate exposure to the ongoing United States-Iran conflict, and the situation is manageable from a macroeconomic standpoint, supported in part by its position as a net oil and gas exporter, said an economist.

Oil Prices May Climb Towards US$90-US$100 On Saudi Aramco’s Ras Tanura Disruption, Analysts Say

By K. Naveen Prabu

KUALA LUMPUR, March 3 (Bernama) -- Crude oil prices may head towards the US$90-US$100 per barrel level following the disruption at Saudi Arabian state-owned oil giant Saudi Aramco’s Ras Tanura plant, analysts say.