LATEST NEWS   MADANI Govt continues to monitor closely the West Asia crisis and its impact on the economy and people, focusing on maintaining economic resilience, people's well-being - PM Anwar | Ringgit rises to 3.9260/9310 versus US dollar from 3.9365/9410 last Friday | Four individuals, namely Zamri Vinoth, Tamim Dahri, P. Mahendra and Arun Dorasamy, will be charged tomorrow in connection with religious provocation - IGP | The Cabinet has agreed for MTEN to monitor West Asia crisis developments, with in-depth discussions to be held weekly - PM Anwar | MACC corporate manipulation allegations: Police searched several premises owned by a businessman - IGP | 

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Bursa Malaysia Slightly Lower In Early Trade

KUALA LUMPUR, March 6 (Bernama) -- Bursa Malaysia opened slightly lower on Friday, tracking weaker Wall Street performance overnight and rising oil prices amid no signs of the Middle East crisis easing.

Subsidy Restructuring Implemented In A Controlled And Targeted Manner - MOF

KUALA LUMPUR, March 5 (Bernama) -- The restructuring of subsidies has been implemented in a controlled and targeted manner so as not to burden the majority of the population, particularly low- and middle-income groups.

Seni Jaya Shareholders Approve Rm57.85 Mln Acquisitions Of Unilink Outdoor, Vision Ooh

KUALA LUMPUR, March 3 (Bernama) -- Out-of-home (OOH) media company Seni Jaya Corp Bhd’s shareholders have approved the company’s proposed acquisitions of Unilink Outdoor Sdn Bhd and Vision OOH Sdn Bhd for a total of RM57.85 million. 

U Mobile, Huawei Sign MoU To Advance 5G-A And AI Innovation

KUALA LUMPUR, March 3 (Bernama) -- U Mobile has signed a memorandum of understanding (MoU) with Huawei Technologies (Malaysia) Sdn Bhd to accelerate the development of cutting-edge applications in line with U Mobile’s digital transformation goals.

Strait Of Hormuz Closure May Sharply Tighten Crude Oil, LNG Supply – Akmal Nasrullah

KUALA LUMPUR, March 3 (Bernama) -- A temporary closure or restriction of the Strait of Hormuz could sharply tighten supply, pushing up global crude oil and liquefied natural gas (LNG) prices, Economy Minister Akmal Nasrullah Nasir said.

Govt To Ensure Public Financial Management Objectives Result In Better Fiscal Outcomes - MoF

KUALA LUMPUR, March 2 (Bernama) -- The government will ensure that the objectives of public financial management under the Public Finance and Fiscal Responsibility Act 2023 (Act 850) are translated into better fiscal outcomes through the strengthening of a rules-based governance framework to improve transparency and accountability, said the Ministry of Finance (MoF).

SynaXG Achieves Breakthrough In AI-Native 5G Radio Networks

KUALA LUMPUR, March 2 (Bernama) -- SynaXG announced major technical breakthroughs in artificial intelligence (AI)-native radio access networks, demonstrating concurrent operation of 5G FR1, 5G FR2 and AI workloads on NVIDIA AI-RAN platform with real-time, policy-driven GPU orchestration.

US-Iran Conflict Disrupts Global Aviation, Could Cost Industry More Than US$1 Bln 

By Zufazlin Baharuddin & Fatin Umairah Abdul Hamid

KUALA LUMPUR, March 1 (Bernama) -- The US-Iran conflict has significantly disrupted airport operations and is poised to have a material near-term impact on global aviation, with aggregate industry costs potentially exceeding US$1 billion (US$1 = RM3.89) should the situation intensify, an economist said.

Johor To Announce 'Amazing' Investment Figures -- Onn Hafiz

JOHOR BAHRU, Feb 28 (Bernama) -- Johor Menteri Besar Datuk Onn Hafiz Ghazi hinted at a “more amazing” investment figure to be announced in the near future, following positive developments in the implementation of the Johor-Singapore Special Economic Zone (JS-SEZ).

Bursa Malaysia Closes Lower On Profit-taking After Rally

By Abdul Hamid A Rahman

KUALA LUMPUR, Feb 27 (Bernama) -- Bursa Malaysia ended lower on Friday as investors locked in gains following a recent rally.

Shanghai Spring Festival Tourism Spending Jumps 20.9 Pct, Visitor Arrivals Rise 8.36 Pct

KUALA LUMPUR, Feb 26 (Bernama) -- Shanghai has rolled out more than 2,570 cultural and tourism activities during the Spring Festival period to boost travel demand, driving strong growth in visitor arrivals and tourism spending.

Hangzhou Renames Metro Stations To Boost Yuhang Smart Manufacturing Hub

KUALA LUMPUR, Feb 25 (Bernama) -- The Hangzhou Municipal Government has recently approved the official names for five stations along Metro Line 10 and the Hangzhou-Deqing Intercity Railway (Yuhang Section), including two stations within the core area of the Yuhang Economic Development Zone.