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Economy

Malaysia’s Fuel Supply Stable, But Oil Prices May Remain Elevated For 2-3 Years -- Nurhisham

By Nurul Hanis Izmir

PUTRAJAYA, Sept 6 (Bernama) -- Malaysia’s fuel supply remains stable despite lower global supply levels, with the government confident it can secure sufficient supplies through to the end of the year, said the Prime Minister’s economic adviser Nurhisham Hussein.

Smart Energy, Talent Critical To Sustain Penang’s Semiconductor Growth - ABB

By Farhana Poniman

GEORGE TOWN, 6 Sept (Bernama) -- Reliable and sustainable power infrastructure, smart energy management and a skilled talent pool are critical to sustaining the growth of Penang’s semiconductor and electrical and electronics (E&E) sector amid the global artificial intelligence (AI) boom, ABB said.

BYD To Unveil Malaysia EV Development Plan Within A Week

From Samantha Tan Chiew Tieng

SHENZHEN, Sept 5 (Bernama) -- Chinese electric vehicle (EV) giant BYD Co Ltd is expected to announce within a week its next move for further expansion in Malaysia, amid questions over whether the automaker will collaborate with a local partner or establish its own manufacturing facility.

Malaysia’s Strong Fundamentals Support Capital Market Opportunities

KUALA LUMPUR, Sept 5 (Bernama) -- Malaysia’s strong economic fundamentals will continue to support investment opportunities across its capital markets, Treasury secretary-general Tan Sri Johan Mahmood Merican said.

MBSB Bank Allocates RM78 Mln Financing For Kedah Water Infrastructure Solar Projects

BALING, Sept 3 (Bernama) -- MBSB Bank Bhd has allocated RM78 million in Shariah-compliant financing to support the implementation of solar energy projects at 32 facilities owned by Syarikat Air Darul Aman (SADA) throughout Kedah.

F&N Receives First Payment Of RM136.2 Mln For 50 Pct Vacaron Stake Sale

KUALA LUMPUR, Sept 4 (Bernama) -- Fraser & Neave Holdings Bhd (F&N) has received RM136.20 million from Tan & Tan Development Bhd (TTDB), representing the first tranche payment for the disposal of a 50 per cent equity interest in Vacaron Company Sdn Bhd to TTDB.

Shin Yang To Acquire Land In Kuching, Sarawak For RM34 Mln

KUALA LUMPUR, Sept 4 (Bernama) -- Shin Yang Group Bhd has entered into a sale and purchase agreement with Forescom Plywood Sdn Bhd to acquire an 8.32-hectare parcel of land at Pending Industrial Estate, Kuching, Sarawak, for RM34 million. 

SkyGate NHJ Technology opens Manufacturing Facility In Penang 

KUALA LUMPUR, Sept 4 (Bernama) -- SkyGate NHJ Technology Sdn Bhd has inaugurated its new manufacturing facility in the Perai Free Industrial Zone, Penang, expanding its technology-driven precision engineering presence in Malaysia.

Butterfield FB IPO Oversubscribed 18.67 Times Ahead Of ACE Market Debut

KUALA LUMPUR, Sept 4 (Bernama) -- Butterfield FB Bhd’s (BFB) initial public offering (IPO) has been oversubscribed by 18.67 times by the Malaysian public, ahead of its listing on the ACE Market of Bursa Malaysia on Sept 15, 2026.

Atos-Flender Solution Wins IDC China Best Agentic AI Practice Award

KUALA LUMPUR, Sept 4 (Bernama) -- Atos, a leader of artificial intelligence (AI)-powered digital transformation, announced that a sovereign agentic AI solution has been honoured at the IDC China AI Innovation Awards 2026.

Moncler To Unveil New York Exhibition Celebrating Over 20-Year Bond

KUALA LUMPUR, Sept 4 (Bernama) -- Fashion brand Moncler is unveiling the untold story of New York in Moncler through one of the largest open-air public exhibitions the city has ever seen.