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West Asia Crisis Pushed Malaysia’s Fuel Subsidy Bill To RM7.5 Bln In April

KUALA LUMPUR, June 9 (Bernama) – Malaysia’s monthly fuel subsidy bill climbed to as high as RM7.5 billion at one point in April, as tensions in West Asia pushed up global oil prices and heightened concerns over energy supplies, Finance Minister II Datuk Seri Amir Hamzah Azizan said.

Mavenir, TextNow Win Best MVNO And Industry Collaboration Award

KUALA LUMPUR, June 9 (Bernama) -- Software company Mavenir and TextNow, an ad-supported wireless service provider in the United States (US), have jointly won the Best MVNO and Industry Collaboration award at the MVNOs World Awards in Amsterdam.

Malaysia's Role As Strategic Semiconductor Hub More Vital Amid Global Supply Chain Shift

KUALA LUMPUR, June 9 (Bernama) -- Malaysia’s role as a strategic semiconductor hub is becoming increasingly important as geopolitical tensions continue to reshape global supply chains.

Anwar's Call For Nationwide Crackdown For Illegal Foreign-run Businesses Timely - Economist

KUALA LUMPUR, June 9 (Bernama) -- Prime Minister Datuk Seri Anwar Ibrahim's call for an immediate crackdown on illegal foreign-run businesses nationwide is timely, as such operations can harm micro, small and medium enterprises (MSMEs), according to an economist.

8,500 Healthcare SMEs To Benefit From Credibill, Pharmaniaga Collaboration

KUALA LUMPUR, June 8 (Bernama) -- More than 8,500 small and medium enterprises (SMEs) in the healthcare sector across Pharmaniaga Bhd's network will benefit from its strategic partnership with CrediBill Sdn Bhd, which offers payment flexibility for the purchase of pharmaceutical and healthcare products.

North Atlantic France To Launch Tender Offer For Remaining North Atlantic Energies Shares

KUALA LUMPUR, June 8 (Bernama) -- North Atlantic France announced its plans to launch a simplified mandatory tender offer for the remaining shares of North Atlantic Energies that it does not already own, offering 28.93 euros per share. (1 Euro = RM4.66)

Maybank Unveils Next-Generation Maybank2E To Boost Regional Business Banking

KUALA LUMPUR, June 8 (Bernama) -- Maybank has unveiled the next-generation Maybank2E (M2E), an integrated regional business banking platform for businesses from small and medium enterprises (SMEs) to large corporates, enabling them to manage transactions and payments seamlessly, anytime, anywhere. 

SSM, Terengganu Entrepreneur Development Foundation Sign MoU To Boost Business Registration

KUALA TERENGGANU, June 8 (Bernama) -- The Companies Commission of Malaysia (SSM) signed a memorandum of understanding (MoU) with the Terengganu Entrepreneur Development Foundation (YPU) today to strengthen business registration and entrepreneurial development in the state.

BIMB Investment Launches Shariah-Compliant Fund Targeting Small-Cap Stocks

KUALA LUMPUR, June 8 (Bernama) -- BIMB Investment Management Bhd (BIMB Investment), a subsidiary of Bank Islam Malaysia Bhd (Bank Islam), has launched the BIMB Opportunities Fund (BOF), a Shariah-compliant fund targeting small-cap stocks, with a target fund size of RM50 million this year.

Anwar's Japan Visit To Advance Cooperation In Economy, Science, Technology

TOKYO, June 8 (Bernama) -- Prime Minister Datuk Seri Anwar Ibrahim’s official visit to Japan is expected to provide strategic opportunities for Malaysia to expand cooperation in the fields of the economy, science and technology, as well as capacity building.

Digital Realty Expands To Malaysia, Plans 32 MW Data Centre Capacity Development

KUALA LUMPUR, June 8 (Bernama) -- Global cloud- and carrier-neutral data centre platform Digital Realty has announced its establishment in Malaysia and plans to develop and scale approximately 32 megawatts (MW) of data centre capacity to support the country’s growing digital infrastructure needs.

NAIO Set To Be Officially Institutionalised On July 28 -- Gobind

KUALA LUMPUR, June 8 (Bernama) -- The National AI Office (NAIO) is set to be officially institutionalised on July 28, said Digital Minister Gobind Singh Deo.