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Opengear: 57 Pct Engineers Expect AI Investment Growth In Network Management

KUALA LUMPUR, Feb 3 (Bernama) -- A recent survey by Opengear, a Digi International company, reveals that 57 per cent of network engineers expect their organisations’ investment in artificial intelligence (AI) for network management to increase by more than 25 per cent over the next two to three years.

Govt Proposes Mandatory Two Pct EPF Contribution For Foreign Workers - PM Anwar

KUALA LUMPUR, Feb 3 -- The government has proposed to implement a mandatory two per cent Employees Provident Fund (EPF) contribution rate on foreign workers, said Prime Minister Datuk Seri Anwar Ibrahim.

CIMB Securities Expects New Vehicle Sales To Fall 7 Pct To 760,000 Units In 2025

KUALA LUMPUR, Jan 31 (Bernama) -- The total industry volume (TIV) for new vehicle sales is expected to decline by seven per cent year-on-year to 760,000 units in 2025 from last year’s 816,674, said CIMB Securities Sdn Bhd.

SC Launches Alternative Financial Scheme For MSMEs

KUALA LUMPUR, Jan 27 (Bernama) -- The Securities Commission Malaysia (SC) today has launched SARANA, an alternative financing scheme offered by nine SC-registered peer-to-peer financing (P2P) platform operators under the government e-procurement system.

Moody’s Affirms Malaysia’s Sovereign Credit Rating At “A3” With Stable Outlook

KUALA LUMPUR, Jan 25 (Bernama) -- Moody’s Ratings (Moody’s) has reaffirmed Malaysia’s sovereign credit rating at “A3” with a “stable” outlook while declaring that Malaysia’s medium-term growth prospects remain buoyant.

Allianz General Offers Comprehensive Property Protection With Smart Home Cover

KUALA LUMPUR, Jan 24 (Bernama) -- Allianz Malaysia Bhd, through its subsidiary Allianz General Insurance Company (Malaysia) Bhd, is offering a wide range of coverage add-ons to suit customers' property protection needs through its Smart Home Cover policy.

AmBank: Malaysia's GDP Growth To Moderate To 4.6 Pct In 2025

KUALA LUMPUR, Jan 24 (Bernama) -- AmBank Group projects Malaysia’s gross domestic product (GDP) growth to moderate to 4.6 per cent in 2025 compared to the estimated 5.0 per cent in 2024. 

Guangdong Retains China's Top Economy In 2024, GDP Exceeds 14 Trillion Chinese Yuan

KUALA LUMPUR, Jan 17 (Bernama) -- Guangdong is set to maintain its position as China’s top provincial economy in 2024, with its gross domestic product (GDP) projected to surpass 14 trillion Chinese yuan, according to the Guangdong Provincial People’s Congress report on Jan 15. (100 Chinese yuan = RM61.43)

Over 150 Industry Leaders Attend MIDA-ALP Forum On Future Of Supply Chains

KUALA LUMPUR, Jan 16 (Bernama) -- Malaysia’s supply chain and logistics industry received a boost today as over 150 industry leaders convened for the “Future of Supply Chains: Optimising, Planning, and Automating for Success” forum, co-organised by the Malaysian Investment Development Authority (MIDA) and Ally Logistic Property (ALP).

Malaysia's GDP Growth Likely To Remain Resilient At 4.5 Pct In 2025 - OCBC

KUALA LUMPUR, Jan 16 (Bernama) -- Malaysia’s gross domestic product (GDP) growth is projected to remain resilient at 4.5 per cent in 2025 compared to 5.2 per cent in 2024, driven by strong export performance and sustained domestic demand, said OCBC senior ASEAN economist Lavanya Venkateswaran.

Gradual Salary Adjustment Could Strengthen Malaysia's Credit Profile - Analyst

KUALA LUMPUR, Jan 16 (Bernama) -- A gradual salary increase will not lead to excessive inflationary pressures, UOB Kay Hian Wealth Advisors Sdn Bhd head of investment research Mohd Sedek Jantan said. 

Higher Wages, Minimum Wage Hike Drive Property Demand, Affordability This Year - Hong Leong Investment Bank

KUALA LUMPUR, Jan 15 (Bernama) -- Higher wages for civil servants and the introduction of a higher minimum wage remained key factors in catalysing demand and raising affordability for properties across the country this year, said Hong Leong Investment Bank Bhd.