Economy

Resulticks Wins AI Innovation Award At Redington Global Next Summit 2026

KUALA LUMPUR, Sept 9 (Bernama) -- Resulticks Global Companies Pte Limited (Resulticks) has received the Partner's Choice: AI Innovation Award in the emerging category at Redington's Global NEXT Summit 2026, held Sept 2 to 4 in Singapore.

Smartsheet Expands APAC, Japan Operations With New Leadership

KUALA LUMPUR, Sept 9 (Bernama) -- Smartsheet has expanded its operations across Asia-Pacific (APAC) and Japan with new leadership appointments, as the enterprise software company seeks to accelerate customer adoption and organisation-wide artificial intelligence (AI) transformation in the region.

Northern Trust Expands Singapore Unit Trust Servicing

KUALA LUMPUR, Sept 9 (Bernama) -- Northern Trust has expanded its Singapore unit trust offering through a relationship with Perpetual (Asia) Limited, providing investment managers with an integrated servicing solution for Singapore unit trust structures.

Malaysia’s IPI Expands 4.7 Pct In July, Manufacturing Sales Hit RM177.3 Bln

KUALA LUMPUR, Sept 9 (Bernama) -- Malaysia’s Industrial Production Index (IPI) expanded 4.7 per cent year-on-year (y-o-y) in July 2026, supported by growth in the manufacturing and electricity sectors, according to the Department of Statistics Malaysia (DOSM).

TNB Genco Continues Investing In Fleet Reliability, Renewables And Storage Pipeline

KUALA LUMPUR, Sept 9 (Bernama) -- TNB Power Generation Sdn Bhd (TNB Genco) continues to invest in the reliability of its existing generation fleet while advancing its renewable and storage pipeline, including a hybrid hydro-floating solar project combining 595 megawatts (MW) of floating solar with 1,190 megawatt-hours (MWh) of battery storage, targeted for completion in 2028.

IPC Systems Targets Net-Zero Emissions Across Value Chain By 2050 

KUALA LUMPUR, Sept 9 (Bernama) -- IPC Systems Inc (IPC), a global financial communications and trading connectivity provider, announced that its greenhouse gas (GHG) emissions reduction targets have been validated by SBTi Services, confirming that they conform with the Science Based Targets initiative (SBTi) criteria, including its target to achieve net-zero emissions across its value chain by 2050.

Entrepreneurial Mindset Key To Graduate Employability – UOC Pro-chancellor

KUALA LUMPUR, Sept 9 (Bernama) -- An entrepreneurial mindset should be embedded more deeply in Malaysia’s higher education system to develop graduates with long-term employability, moving beyond the traditional focus of preparing them primarily for their first job.

PNB Launches Second US$300 Mln Secured Exchangeable Sukuk

KUALA LUMPUR, Sept 9 (Bernama) -- Permodalan Nasional Bhd (PNB) has launched its second US$300 million secured exchangeable sukuk to optimise its portfolio through innovative capital market solutions.

Budget 2027 Should Incentivise Energy Efficiency, RE Development – Energy Commission

KUALA LUMPUR, Sept 8 (Bernama) -- Budget 2027 should introduce incentives to encourage investment in energy efficiency and renewable energy (RE) development, according to the Energy Commission (ST).

Data Centres Account For 9.28 Pct Of Total Electricity Consumption – ST

KUALA LUMPUR, Sept 8 (Bernama) -- Data centres currently account for 9.28 per cent of total electricity consumption, according to the Energy Commission (ST).

Oil Price Seen At US$95-US$110 On Sustained Hormuz Impairment, Refinery Outage And Inventory Draws

By Nor Baizura Basri

KUALA LUMPUR, Sept 8 (Bernama) -- Global oil prices are expected to range between US$95 and US$110 per barrel following a core risk-adjusted price regime due to sustained Hormuz impairment, additional refinery outages and accelerating inventory draws, says an economist.

MATRADE Leadership Drives Export Acceleration, Strengthens Trade Resilience

KUALA LUMPUR, Sept 8 (Bernama) -- The executive leadership of the Malaysia External Trade Development Corporation (MATRADE) remains committed to driving export acceleration and strengthening the resilience of Malaysia’s international trade sector via market-driven strategies and proactive trade facilitation.