Malaysia To Invest US$250 Mln Over Next Decade Via Strategic Collaboration With Arm Holdings

KUALA LUMPUR, March 5 (Bernama) -- Malaysia will invest US$250 million (US$1= RM4.44) over the next decade, leveraging on Arm Holdings Plc's expertise, to create a new ecosystem in the artificial intelligence (AI) and semiconductor industry through a strategic collaboration with the United Kingdom-based company. 

Justin P. Crotty To Succeed Bob Romeo As Anaqua CEO Effective April

KUALA LUMPUR, March 5 (Bernama) -- Anaqua, an innovation and intellectual property (IP) management technology solutions and services provider, has announced that Bob Romeo will retire on April 1, after a decade at the helm, and Justin P. Crotty will succeed him as Chief Executive Officer (CEO).

Bursa Malaysia Ends Lower On US Tariff Concerns, CI Down 1.0 Pct

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, March 4 (Bernama) -- Bursa Malaysia closed lower for a fourth consecutive day today in tandem with the weak regional market performance on trade war concerns following the United States’ (US) confirmation of its tariff imposition on Mexico, Canada and China, effective today.  

Rubber Market Closes Higher On Tightening Supply Outlook

KUALA LUMPUR, March 4 (Bernama) -- The local rubber market closed higher on Tuesday, supported by the tightening natural rubber (NR) supply due to the wintering season, according to a dealer.

Paramount Corp Eyes RM1.5 Bln Property Sales In 2025

KUALA LUMPUR, March 4 (Bernama) -- Paramount Corporation Bhd is targeting RM1.5 billion in property sales in 2025 against last year’s RM1.389 billion, supported by launches of RM1.4 billion gross development value (GDV) across eight projects.

Data Centres, Logistics, Housing Demand To Fuel Real Estate Growth -- Juwai IQI

KUALA LUMPUR, March 4 (Bernama) -- Juwai IQI expects the Malaysian property market to maintain its strong performance in 2025, backed by growth in artificial intelligence (AI), investments as well as the industrial and commercial segments.

PDC, SP Setia Team Up To Develop Industrial Park With RM1.2 Bln GDV

GEORGE TOWN, March 3 (Bernama) -- The Penang Development Corporation (PDC) has partnered with SP Setia Bhd to develop an industrial park in Bandar Setia Fontaines, Bertam near here with a gross development value (GDV) of RM1.2 billion to RM1.6 billion. 

Yayasan Selangor Appoints Raja Nazirin Shah As New CEO

SHAH ALAM, March 3 (Bernama) -- Yayasan Selangor has appointed Raja Nazirin Shah Raja Mohamad as its new chief executive officer (CEO), effective today.

Bursa Malaysia Ends Lower On Cautious Sentiment

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, March 3 (Bernama) -- Bursa Malaysia ended lower for the third consecutive day today as investors remained cautious ahead of a key trade policy announcement from the United States (US) President Donald Trump.

Sime Darby Property Sees Strong Growth In High Rise Segment, Signals Shift In Market Strategy

KUALA LUMPUR, March 3 (Bernama) -- Sime Darby Property Bhd is seeing a significant shift in its development strategy, with high rise projects contributing significantly to its revenue growth for the financial year ended Dec 31, 2024 (FY2024), reflecting changing market trends and buyer demand.

XOX Appointment Of Kenneth Vun As Managing Director Marks Company's Transformative Phase

KUALA LUMPUR, March 3 (Bernama) -- XOX Bhd has appointed Datuk Kenneth Vun as its new managing director, marking a new era of growth and innovation.

Sime Darby Property Confident In Data Centre Expansion Despite US Semiconductor Tariffs

KUALA LUMPUR, March 3 (Bernama) -- Sime Darby Property Bhd (SDP) remains confident in its data centre business despite concerns over United States (US) semiconductor tariffs and artificial intelligence (AI) chip export restrictions, citing exemptions for US companies operating in Malaysia.