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US AI Chip Export Restrictions Proposal Won't Hinder Mah Sing-BDC Collaboration

KUALA LUMPUR, Jan 14 (Bernama) -- Mah Sing Group Bhd remains confident that the proposed new restrictions on artificial intelligence (AI) chip exports by the United States (US) will not hinder collaboration with Bridge Data Centres (BDC) or the broader growth of Malaysia’s digital infrastructure sector.

U Mobile Likely To Collaborate To Defray 5G Capex Estimated At RM3 Bln-RM4 Bln -- RHB Investment Bank

KUALA LUMPUR, Jan 10 (Bernama) -- U Mobile Sdn Bhd is likely to enter into network collaborations to defray 5G capital expenditure (capex) estimated at RM3 billion-RM4 billion following its selection as the second 5G network access provider, said RHB Investment Bank Bhd.

Sime Darby Property Acquires Logistics Warehouses In Bandar Bukit Raja For RM232 Mln

KUALA LUMPUR, Jan 10 (Bernama) -- Sime Darby Property Bhd (SDP) has acquired two modern double-storey logistics warehouses in Bandar Bukit Raja, Selangor for RM232 million.

ASEAN Needs Unified Strategy To Boost EV Industry, Says Yinson CEO

KUALA LUMPUR, Jan 9 (Bernama) — ASEAN needs a unified strategy to boost the region’s electric vehicle (EV) industry, said Yinson Holdings Bhd chief executive officer Lim Chern Yuan.

Johor Delegation To Hold Meetings With Qatari Govt Officials, Companies

JOHOR BAHRU, Jan 8 (Bernama) -- The Johor government will hold meetings with Qatari government representatives and companies that can potentially boost the economy and attract investments, thus creating more job opportunities in the state.

Malaysia Welcomes Indonesian Investment, Strategic Mergers - PM Anwar

KUALA LUMPUR, Jan 8 (Bernama) -- Malaysia welcomes direct investment from Indonesian companies and encourages strategic collaborations such as mergers between companies owned by Malaysian and Indonesian entities, said Prime Minister Datuk Seri Anwar Ibrahim.

Red Sea Issues, US-China Trade Diversions To Continue Influencing Seaport, Logistics Sectors

KUALA LUMPUR, Jan 7 (Bernama) -- Kenanga Investment Bank Bhd has maintained its “neutral” stance on the seaport and logistics sector as the shipping diversion from the Red Sea continues to weigh down on global trade.

KSI Forecasts Malaysia's Economic Growth At 4.9 Pct For 2025

KUALA LUMPUR, Jan 2 (Bernama) -- Malaysia's economic growth is expected to moderate to 4.9 per cent in 2025, slightly above the official target range of 4.5 per cent to 5.5 per cent, taking into account the impact of domestic policies and external challenges, said KSI Strategic Institute for Asia Pacific (KSI).

LYC Healthcare Targets Nasdaq Listing For Cayman Unit

KUALA LUMPUR, Dec 31 (Bernama) -- LYC Healthcare Bhd (LYC) has announced plans to list its subsidiary, LYC Healthcare (Cayman) Ltd (LYC Cayman), on the Nasdaq Capital Market.

Ho! Ho! Ho! Bursa Malaysia Ends Christmas Trading Week On A Roll

By Anas Abu Hassan

KUALA LUMPUR, Dec 27 (Bernama) -- Bursa Malaysia extended its bullish momentum for the fourth consecutive day on Friday to end the Christmas trading week on a merry note, driven by window-dressing activities and robust growth forecasts, said an analyst.

Fiuu Drives Innovation, Expands Reach Amid Digital Payments Surge

KUALA LUMPUR, Dec 26 (Bernama) -- The surge in digital payment adoption during the pandemic accelerated the demand for secure and scalable solutions, and Fiuu, an online payment solution provider, was well-positioned to address this need.

PNB Remains Optimistic About Malaysian Economy, FBM KLCI Next Year

KUALA LUMPUR, Dec 24 (Bernama) -- Permodalan Nasional Bhd (PNB) remains optimistic about the outlook for Malaysia's economy and the local bourse next year, underpinned, among others, by clear economic policies and steady inflows of foreign direct investments (FDIs).