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Shipbuilding & Ship Repair Sector Draws Over RM1 Bln Investments From 2021 To Mid-2025 - MITI

KUALA LUMPUR, Oct 16 (Bernama) -- The shipbuilding and ship repair (SBSR) sector has attracted investments worth over RM1 billion in shipbuilding projects and maintenance, repair and overhaul (MRO) services from 2021 to mid-2025.

Bursa Malaysia Extends Gains At Midday On Buying Across Most Sectors

KUALA LUMPUR, Oct 16 (Bernama) -- Bursa Malaysia ended the morning session higher, with gains seen across most sectors, led by buying in heavyweight counters, particularly in telecommunications, utilities and consumer products.

TNB Advances ASEAN Power Grid With Cross-border Renewable Energy Interconnections

KUALA LUMPUR, Oct 15 (Bernama) -- Under the ASEAN Power Grid (APG) initiative, Tenaga Nasional Bhd (TNB) is strengthening cross-border interconnections to ensure a more robust supply of green electricity across the region.

TNB To Meet Data Centre Needs, Adopts AI And Talent Development

By M. Saraswathi

KUALA LUMPUR, Oct 15 (Bernama) -- Tenaga Nasional Bhd (TNB) is strengthening its grid by adopting AI-enabled solutions with a focus on talent development to meet unprecedented demand, especially with the rush of data centres in the country.

Over 11 Mln Malaysians Benefited From BUDI95 Petrol Subsidy As Of Oct 13 - MOF

KUALA LUMPUR, Oct 14 (Bernama) -- The Ministry of Finance (MoF) said the Budi Madani targeted subsidy system for RON95 petrol (BUDI95) has benefited more than 11 million Malaysians, who are enjoying the RON95 petrol price of RM1.99 per litre as of Oct 13, 2025.

Over 11 Mln Malaysians Benefited From BUDI95 Petrol Subsidy As Of Oct 13 - Economy Ministry

KUALA LUMPUR, Oct 14 (Bernama) -- The Ministry of Economy said the Budi Madani targeted subsidy system for RON95 petrol (BUDI95) has benefited more than 11 million Malaysians, who are enjoying the RON95 petrol price of RM1.99 per litre as of Oct 13, 2025.

Southern Cable To Raise Up To RM259 Mln To Fund Capacity Expansion

KUALA LUMPUR, Oct 14 (Bernama) -- Southern Cable Group Bhd has proposed a private placement of up to 10 per cent of its total issued shares to raise as much as RM259 million to finance a multi-year expansion plan aimed at boosting its production capacity.

Increase In STR, SARA Allocations Proves Govt's Commitment To Strengthen Social Safety Net -- MoF

KUALA LUMPUR, Oct 14 (Bernama) -- The increase in the Sumbangan Tunai Rahmah (STR) and Sumbangan Asas Rahmah (SARA) allocations from year to year is proof of the government’s commitment to strengthen the social safety net, according to the Ministry of Finance (MoF).

Budget 2026 Enhances Malaysia’s Digital Backbone For AI-powered Future -- MyIX

KUALA LUMPUR, Oct 13 (Bernama) -- The Malaysia Internet Exchange (MyIX) has welcomed the MADANI Budget 2026 as a decisive step to strengthen Malaysia’s digital backbone, citing the government’s emphasis on submarine cable infrastructure, nationwide connectivity, 5G expansion, artificial intelligence (AI) and digital inclusion as critical enablers of the nation’s future.

Innovation, Strong Partnerships Key To Achieving Connectivity Targets – EdgePoint

KUALA LUMPUR, Oct 12 (Bernama) -- Further innovation in technology solutions and strong public-private partnerships are needed to meet Malaysia’s national connectivity goals, said EdgePoint Infrastructure, a telecommunications infrastructure provider.

Budget 2026 Marks Shift To Investment-driven Growth While Upholding Fiscal Discipline — Economists

KUALA LUMPUR, Oct 12 (Bernama) -- Budget 2026 marks a decisive shift in Malaysia’s economic direction from subsidy-driven consumption to investment-driven transformation as the government pursues fiscal consolidation while sustaining growth momentum, economists said.

MPRC Welcomes Carbon Tax In 2026

KUALA LUMPUR, Oct 11 (Bernama) -- The Malaysia Petroleum Resources Corporation (MPRC) welcomes the upcoming carbon tax in 2026 as a key driver for accelerating decarbonisation, particularly through carbon capture, utilisation and storage (CCUS).