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PETALING JAYA, March 16 (Bernama) -- The outlook for ASEAN remains optimistic despite geopolitical headwinds from the conflict in West Asia involving Iran and the United States, said Sunway Group founder and chairman Jeffrey Cheah.
KUALA LUMPUR, March 16 (Bernama) -- The government will allocate an additional RM20 million to the Malaysia Co-investment Fund (MyCIF), in addition to the RM30 million announced in Budget 2026, bringing the total allocation this year to RM50 million.
By Karina Imran
KUALA LUMPUR, March 15 (Bernama) -- Bank Muamalat Malaysia Bhd chief economist Mohd Afzanizam Abdul Rashid said policymakers are likely to assess the situation before raising interest rates to contain inflation resulting from the impact of the conflict in West Asia and surging oil prices.
KUALA LUMPUR, March 13 (Bernama) -- Continued tensions in the Middle East will have impact on economic security and stability, the livelihoods of millions of people in the region, and hinder economic progress in ASEAN, according to a joint statement by the ASEAN Economic Ministers.
KUALA LUMPUR, March 13 (Bernama) -- Malaysia’s position as a net energy exporter, with petroleum reserves confirmed sufficient until at least May 2026, and the fiscal headroom created by two years of subsidy rationalisation, has placed the country in a meaningfully stronger position than its neighbours to navigate the current global energy crisis.
KUALA LUMPUR, March 13 (Bernama) -- Rakuten Trade has revised its forecast for the FTSE Bursa Malaysia KLCI (FBM KLCI) slightly lower at 1,800 for 2026 from 1,810 previously in view of the overhanging uncertainty.
KUALA LUMPUR, March 13 (Bernama) -- H2O.ai, an open-source artificial intelligence (AI) platform company, has partnered with xAmplify, Australia’s premier sovereign AI integrator, to accelerate expansion across Australia and New Zealand (ANZ).
PUTRAJAYA, March 12 (Bernama) -- The government will prioritise efforts to maintain economic stability, mitigate the impact on the cost of living, and ensure the domestic economy continues to function well in the wake of current geopolitical challenges and global economic uncertainties.
KUALA LUMPUR, March 12 (Bernama) -- VCI Global Limited (VCI Global) has launched an AI Compute Treasury strategy, a long-term initiative to accumulate and deploy high-performance graphics processing unit (GPU) infrastructure to support the growing demand for artificial intelligence inference workloads.
SEREMBAN, March 11 (Bernama) -- Negeri Sembilan recorded a record RM19.1 billion in approved investments last year, surpassing its initial target of RM10 billion.
KOTA KINABALU, March 11 (Bernama) -- Sabah Oil & Gas Development Corporation (SOGDC) and SEDCO Mining Sdn Bhd have signed a memorandum of understanding (MoU) to strengthen industrial development in the state, particularly in the Sabah Oil and Gas Industrial Park (SOGIP) and the Sawit Kinabalu Sandakan Industrial Park (SKSIP).
KUALA LUMPUR, March 10 (Bernama) -- The mobile market is on track for low single-digit revenue growth in 2026, consistent with guidance from both CelcomDigi Bhd (CDB) and Maxis Bhd, as Digital Nasional Bhd (DNB) is likely to remain as the focal point of investors’ concern in the near term.
