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Petronas Recognises Sabah’s Growing Role In Malaysia’s OGSE Sector

KOTA KINABALU, March 18 (Bernama) -- Petroliam Nasional Bhd (Petronas) recognises Sabah’s growing role in Malaysia’s oil and gas services and equipment (OGSE) sector, as part of broader collaborative efforts to strengthen the state’s contribution to national energy security and economic development.

Oxford Nanopore Partners A.D.A.M. Innovations To Advance Genomic Sequencing In Japan

KUALA LUMPUR, March 18 (Bernama) -- Oxford Nanopore Technologies and A.D.A.M. Innovations (Japanese corporate name Genesis Healthcare Co) announced an international collaboration to accelerate advanced genomic sequencing and medicine applications in Japan.

MBSB IB: High Oil Prices May Weigh On Property Sector

KUALA LUMPUR, March 18 (Bernama) -- Malaysia’s property sector could face a mild downturn if elevated oil prices persist, as higher fuel costs drive up transportation expenses, leading to increased construction costs for developers, said MBSB Investment Bank Bhd (MBSB IB).

New Hire-purchase Rules To Benefit Borrowers, Minimal Impact On Banks

KUALA LUMPUR, March 18 (Bernama) -- The introduction of key amendments to hire-purchase financing practices under the Hire-Purchase (Amendment) Act 2026 (HPAA) marks a significant move in strengthening borrowers’ protection, particularly for those looking to sell vehicles before their financing contracts mature, an economist said.

MDEC Secures RM87.4 Bln Digital Investments In 2025, Driven By AI

PUTRAJAYA, March 18 (Bernama) -- The Malaysia Digital Economy Corporation (MDEC) has secured RM87.4 billion in approved digital investments in 2025, largely driven by the rapid growth of artificial intelligence (AI), big data, data centres and cloud services.

Global Air Travel Demand Will More Than Double By 2050 -- IATA

KUALA LUMPUR, March 17 (Bernama) -- The International Air Transport Association (IATA) has released its Long-Term Demand Projections (LTDP) report for air travel, which projected that global air passenger demand will more than double by 2050.

Launch Of JS-SEZ Masterplan, Blueprint Postponed

KUALA LUMPUR, March 17 (Bernama) -- The launch of the masterplan and blueprint for the Johor-Singapore Special Economic Zone (JS-SEZ), scheduled for March 30 in Johor Bahru, has been postponed until a date to be announced.

Fiscal Reforms Give Govt Room To Manoeuvre Amid West Asia Conflict -- OCBC Research

KUALA LUMPUR, March 17 (Bernama) — The government's commitment to fiscal policy reforms over the past few years is bearing fruit, affording it room to adopt a wait-and-see approach amid the conflict in West Asia, according to OCBC Research Group.

Bursa Malaysia Reprimands, Fines KAF IB For ACE Market Listing Breaches

KUALA LUMPUR, March 17 (Bernama) -- Bursa Malaysia Securities Bhd has publicly reprimanded and fined KAF Investment Bank Bhd (KAF IB) RM300,000 for breaching the Bursa Malaysia Securities ACE Market listing requirements (ACE LR).

Bursa Malaysia Rebounds On Bargain Hunting, In Sync With Positive Regional Markets

KUALA LUMPUR, March 17 (Bernama) -- Bursa Malaysia rebounded after two days of losses to close higher on Tuesday, driven by bargain-hunting activities and in line with the upbeat regional market performance. 

EIG’s MidOcean Energy Secures US$1.2 Bln Equity Raise

KUALA LUMPUR, March 17 (Bernama) -- MidOcean Energy (MidOcean), a liquefied natural gas (LNG) company formed and managed by EIG, announced it has secured an equity capital raise of more than US$1.2 billion. (US$1=RM3.91)

Kioxia Unveils High-Performance SSD For AI Workloads

KUALA LUMPUR, March 17 (Bernama) -- Kioxia Corporation, a leader in memory solutions, has announced the development of a Super High (input/output operations per second) IOPS solid-state drive (SSD) designed to enhance artificial intelligence (AI) systems by enabling graphics processing units (GPUs) to directly access high-speed flash memory.