Malaysia’s AI Data Centre Development To Be Impacted By Recent US Restrictions -- Liew

KUALA LUMPUR, Feb 19 (Bernama) -- Malaysia is expected to face challenges in the development of artificial intelligence (AI) data centres due to the recent restrictions by the United States (US) on AI chip exports, said Deputy Investment, Trade and Industry Minister Liew Chin Tong. 

RTEDM Outlines Initiatives To Promote Adoption Of Emerging Technologies, Including AI -- Digital Ministry

KUALA LUMPUR, Feb 19 (Bernama) -- The Malaysia Digital Economy Blueprint (RTEDM), monitored by the National Council of Digital Economy and Fourth Industrial Revolution (MED4IR), outlines initiatives to promote the development and adoption of emerging technologies, including artificial intelligence (AI) and blockchain, said the Digital Ministry.

Malaysia Should Lead ASEAN’s Green Shipping Transition Through Financing, Collaboration, Says Expert

By Harizah Hanim Mohamed

KUALA LUMPUR, Feb 19 (Bernama) -- Malaysia should spearhead sustainable or green shipping initiatives within ASEAN, such as expanding access to regional financing schemes and promoting cooperation in carving out low-carbon shipping routes.

MYEG Reports Higher FY2024 Net Profit Of RM697.55 Mln

KUALA LUMPUR, Feb 18 (Bernama) -- My E.G. Services Bhd (MYEG) posted a higher net profit of RM697.55 million for the financial year ended Dec 31, 2024 (FY2024), compared to the RM487.65 million achieved in the preceding year.

Mitsubishi Electric, CP Group To Promote Carbon Neutrality, Circular Economy In Thailand

KUALA LUMPUR, Feb 18 (Bernama) -- Mitsubishi Electric Corporation and Charoen Pokphand Group (CP) have signed a memorandum of understanding (MoU) to jointly work on environmental sustainability in Thailand.

MDEC To Push For 25.5 Pct Digital Economy Contribution To Malaysia's GDP By End-2025

KUALA LUMPUR, Feb 18 (Bernama) -- The Malaysian Digital Economy Corporation (MDEC) will support Malaysia to achieve or surpass the 25.5 per cent digital economy contribution to gross domestic product (GDP) by the end of 2025, said its chief executive officer (CEO) Anuar Fariz Fadzil.

OCBC Bank Launches First Premier Private Client Centre In Malaysia

KUALA LUMPUR, Feb 18 (Bernama) -- OCBC Bank (Malaysia) Bhd has officially launched its flagship OCBC Premier Private Client Centre to double its premier client base in the country within five years.

Asean-Japan Women Entrepreneurs’ Summit In Kuala Lumpur Empowers Women In Business, Innovation

KUALA LUMPUR, Feb 18 (Bernama) -- The ASEAN-Japan Centre (AJC), in collaboration with the ASEAN Youth Organization and with the support of the ASEAN Coordinating Committee for Micro, Small, and Medium Enterprises (ACCMSME) and Women Leadership Foundation Malaysia, successfully hosted the ASEAN-Japan Women Entrepreneurs’ Summit in Kuala Lumpur.

Bursa Malaysia Ends Morning Session Lower

KUALA LUMPUR, Feb 18 (Bernama) --  Bursa Malaysia finished the morning session lower as selling was seen in selected heavyweights led by Malayan Banking Bhd and Petronas Chemicals Group Bhd.

Timber Product Exports Up 4.9 Pct To RM22.9 Bln In 2024 - Johari Ghani

PUTRAJAYA, Feb 18 (Bernama) -- The export value of timber products increased 4.9 per cent to RM22.9 billion last year, compared to 2023, said Plantation and Commodities Minister Datuk Seri Johari Abdul Ghani.

Eco World Shares Rise In Early Trade After Land Disposal

KUALA LUMPUR, Feb 18 (Bernama) -- Eco World Development Group Bhd’s shares on Bursa Malaysia rose in early trade after disposing of its 56.06 hectares of freehold land in Iskandar Malaysia, Johor, to Microsoft Payments (Malaysia) Sdn Bhd for RM693.96 million.

Bursa Malaysia's Key Index Ends Lower On Selling By Foreign Funds

By Nurunnasihah Ahmad Rashid

KUALA LUMPUR, Feb 17 (Bernama) -- Bursa Malaysia’s main index finished lower today as selling by foreign funds persisted, amid the better performance in most regional markets.