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Economy

YTL AI Labs Powers Yes To Become Malaysia’s AI-First Telco 

KUALA LUMPUR, June 25 (Bernama) -- YTL Power International Bhd’s Artificial Intelligence (AI) Labs (YTL AI Labs) has partnered with YTL Communications’ mobile operator Yes to bring ILMUchat, Malaysia’s AI, to expand access to advanced AI technologies for Malaysians nationwide.

PerkyPet AI Strengthens AI Leadership With Jamal Jackson Appointment

KUALA LUMPUR, June 25 (Bernama) -- PerkyPet AI, the veterinary-built artificial intelligence (AI) platform for proactive pet health, has appointed veteran technology leader Jamal Jackson as Global Head of Applied AI.

Falling Oil Prices Ease Inflation Concerns For Malaysia And Global Economy

By Fatin Umairah Abdul Hamid

KUALA LUMPUR, June 25 (Bernama) -- Falling crude oil prices are expected to ease inflationary pressures in Malaysia and globally, reducing concerns that central banks may need to keep interest rates higher for longer, economists said.

Development Of Low Altitude Economy Sector To Benefit Local Aerospace Industry -- Sim

SERDANG, June 25 (Bernama) -- The development of the low altitude economy (LAE) sector is expected to generate spillover effects on the local aerospace industry’s supply chain when maintenance, repair and overhaul (MRO) companies and critical component manufacturers obtain supplies from local suppliers.

Fewer Than One Pct Of RON95 Users Exceed 200-litre Monthly Quota - Amir Hamzah

KUALA LUMPUR, June 25 (Bernama) -- Fewer than one per cent of the 14 million users registered under the BUDI MADANI RON95 (BUDI95) programme consume more than the 200-litre monthly quota, Finance Minister II Datuk Seri Amir Hamzah Azizan said.

Malaysia’s Economy Signals Positive Prospects As Leading Index Rises 1.29 Pct In April 2026 – DOSM

KUALA LUMPUR, June 25 (Bernama) -- Malaysia’s economy continues to signal an optimistic prospect in the near term, as reflected in the performance of the Leading Index (LI), which increased by 1.29 per cent to 115.0 points in April 2026, compared with 113.5 points in the same month last year, according to the Department of Statistics Malaysia (DOSM).

Abaxx Exchange Adds Yongan International SG As Clearing, Trading Member  

KUALA LUMPUR, June 25 (Bernama) -- Abaxx Technologies Inc (Abaxx) announced that Yongan International Financial (Singapore) Pte Ltd (Yongan International SG) will begin offering trading and clearing access to clients on Abaxx Exchange from June 29.

Govt Undertaking Study To Establish National Water Reclamation Policy - Fadillah

KUALA LUMPUR, June 25 (Bernama) -- The government is undertaking a comprehensive study to establish policy and infrastructure foundations for a national water reclamation policy to support the development of data centres, said Deputy Prime Minister Datuk Seri Fadillah Yusof.

SMEs Can Tap Over RM4 Bln Still Available Under BNM's SME SRF -- Akmal Nasrullah

KUALA LUMPUR, June 25 (Bernama) -- More than RM4 billion out of the RM5 billion allocation under Bank Negara Malaysia’s (BNM) Small and Medium Enterprise Stabilisation Relief Facility (SME SRF) is still available to assist micro, small and medium enterprises (MSMEs) manage cash flow and reduce operational disruptions.

Usercentrics: Over Half Consumers Will Pay Premium For AI Transparency

KUALA LUMPUR, June 25 (Bernama) -- Over half (52 per cent) of consumers globally are willing to pay more for brands that are transparent about how they use artificial intelligence (AI) with their data, accepting an average premium of seven per cent, according to the second annual State of Digital Trust 2026 Report commissioned by Usercentrics.

11 Developers Registered With CRESS As Of May 2026

KUALA LUMPUR, June 25 (Bernama) -- A total of 11 developers have registered under the Corporate Renewable Energy Supply Scheme (CRESS) as of May 2026.

Petronas Drives New Momentum In Strengthening Malaysia-Turkmenistan Ties Through Strategic Cooperation

By Siti Radziah Hamzah

KUALA LUMPUR, June 25 (Bernama) -- Petroliam Nasional Bhd's (Petronas) expanding role in Turkmenistan has emerged as a key pillar of renewed Malaysia-Turkmenistan relations, following Prime Minister Datuk Seri Anwar Ibrahim's recent official visit to the Central Asian nation, with the national oil and gas company’s long-standing presence continuing to open new avenues for energy cooperation, economic growth and broader bilateral collaboration.