Economy

Univar Solutions, LANXESS Enter Distribution Agreement In Mexico

KUALA LUMPUR, Sept 11 (Bernama) -- Univar Solutions México, a subsidiary of Univar Solutions LLC (Univar Solutions), has entered into a distribution agreement with speciality chemicals company LANXESS to distribute its lubricant and metalworking fluid additives in Mexico.

Malaysia’s Wholesale, Retail Trade Sales Rise To RM170.5 Bln In July 2026

KUALA LUMPUR, Sept 11 (Bernama) -- Malaysia’s wholesale and retail trade recorded sales of RM170.5 billion in July 2026, a nine per cent increase year-on-year (y-o-y), said the Department of Statistics Malaysia (DOSM).

Coventry Urges Policyowners To Review Life Insurance Value 

KUALA LUMPUR, Sept 11 (Bernama) -- Coventry, a provider of life insurance secondary-market solutions, is urging policyowners and financial professionals to review the value of existing life insurance policies and consider alternatives before allowing coverage to lapse or surrendering it.

Budget 2027 Should Shift AI Focus Beyond Data Centres, Says MBSB IB

KUALA LUMPUR, Sept 11 (Bernama) -- Budget 2027 should move Malaysia’s artificial intelligence (AI) agenda beyond data centre construction towards enterprise adoption, domestic intellectual property, cybersecurity and workforce productivity.

Malaysia Well Positioned To Seize ASEAN’s Second-wave AI Compute Advantage -- Economist

By Muhammad Fawwaz Thaqif Nor Afandi

KUALA LUMPUR, Sept 11 (Bernama) -- Malaysia is well positioned to seize a first-mover advantage in ASEAN’s second wave of hyperscale and artificial intelligence (AI) computing infrastructure, driven by its competitive costs, strong connectivity and established semiconductor ecosystem.

National Audit Dept Opens Counters To Assist Companies Complete 2026 e-SelfAudit

KUALA LUMPUR, Sept 11 (Bernama) -- The National Audit Department (NAD) will open helpdesk counters at its headquarters and state offices to assist government-owned companies in completing the 2026 e-SelfAudit System assessment.

Workforce With Right Capabilities And Skills Vital In Powering Malaysia’s Energy Transition - TNB Official

KUALA LUMPUR, Sept 11 (Bernama) -- Powering Malaysia’s energy transition requires more than technology and infrastructure; rather, a workforce with the right capabilities is far more essential to deliver on clean and green energy initiatives.

Malaysia-India Investment Ties Gain Momentum With Manufacturing, Green Energy Opportunities

From Saraswathi Muniappan

NEW DELHI, Sept 10 (Bernama) -- Malaysia and India’s investment ties continue to gain momentum, with Malaysia having approved 293 manufacturing projects with Indian participation worth US$2.95 billion (RM10.16 billion) as of June 2026, Malaysia’s Chargé d'Affaires, Deputy High Commissioner, Sharifah Ezneeda Wafa, said.

Tokyo Court Dismisses IHH Unit’s Claims Against Daiichi Sankyo

KUALA LUMPUR, Sept 10 (Bernama) -- The Tokyo District Court has dismissed all claims brought by IHH Healthcare Bhd’s indirect wholly-owned subsidiary Northern TK Venture Pte Ltd (NTK) against Japanese pharmaceutical company Daiichi Sankyo Company Ltd.

Anwar To Hold High-Level Meetings With Modi, Putin During BRICS Summit Working Visit In India

From Saraswathi Muniappan

NEW DELHI, Sept 10 (Bernama) -- Prime Minister Datuk Seri Anwar Ibrahim is set to engage in high-level bilateral meetings with Indian Prime Minister Narendra Modi and Russian President Vladimir Putin during his working visit to the Indian capital for the 18th BRICS Summit this weekend.

RHB IB Estimates Federal Govt’s 2027 Budget Allocation At RM437.8 Bln

KUALA LUMPUR, Sept 10 (Bernama) -- RHB Investment Bank Bhd (RHB IB) estimates that the total federal government allocation for Budget 2027 will be RM437.8 billion.

Malaysia’s Premium Crude Shields Economy From Oil Price Swings - RHB IB

KUALA LUMPUR, Sept 10 (Bernama) -- Malaysian crude grades continued to command significantly higher premiums over Dated Brent, a benchmark for physical crude oil prices, indicating that the country was able to partially cushion the impact of lower outright oil prices on revenues.