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Chow: Penang Sees Positive Investment Prospects From US Mission

GEORGE TOWN, Oct 6 (Bernama) -- Penang has identified positive investment prospects in the United States (US), particularly in sectors driven by the rapid expansion of artificial intelligence (AI) technology and data centres, said Chief Minister Chow Kon Yeow.

AM Intelligence Orders 20,000 NVIDIA Rubin GPUs For India, Malaysia

KUALA LUMPUR, Oct 6 (Bernama) -- AM Intelligence (AMI), the artificial intelligence (AI) infrastructure platform set up by the promoters of Greenko, has announced two further firm and binding orders for 20,000 NVIDIA Rubin graphics processing units (GPUs) to be deployed as NVIDIA Vera Rubin NVL72 rack-scale systems.

Bursa Malaysia Stays Higher At Midday Tracking Regional Markets

KUALA LUMPUR, Oct 6 (Bernama) -- Bursa Malaysia stayed higher at midday, tracking regional markets after Wall Street’s positive performance overnight, led by megacap technology shares on solid artificial intelligence (AI) investment and earnings momentum.  

Bursa Malaysia Opens Higher On Positive Wall Street Momentum

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, Oct 6 (Bernama) -- Bursa Malaysia opened higher on Tuesday, in sync with Wall Street's positive overnight momentum, as muted oil prices following a recovery in West Asia crude exports offset a continued sell-off in US Treasuries.

Introduce Dedicated AI Technology Training Scheme To Upskill Malaysian Manpower, Says GKK Consultants

Oleh Mikhail Raj Abdullah

KUALALUMPUR, Oct 5 (Bernama) -- A dedicated artificial intelligence (AI) technology scheme should be introduced to train and upskill the country’s manpower so as to fully understand, apply and use AI across almost all professions in Malaysia.

Zetrix AI In Discussions To Resolve Issues As JPJ Services Temporarily Suspended

KUALA LUMPUR, Oct 5 (Bernama) -- Zetrix AI Bhd said it is currently in discussions to resolve issues with the Road Transport Department (JPJ) following the temporary suspension of its services to the department effective today.

AMRO Upgrades Malaysia’s 2026 & 2027 Growth Forecasts As AI Investment Boosts Economy

By Anas Abu Hassan

SINGAPORE, Oct 5 (Bernama) -- The ASEAN+3 Macroeconomic Research Office (AMRO) has raised its economic growth forecast for Malaysia to 5.1 per cent in 2026 from 4.9 per cent previously, and to 4.8 per cent in 2027 from 4.7 per cent, driven by robust artificial intelligence (AI)-related exports and investment.

Budget 2027 Seen Continuing Targeted Measures For Technology Sector -- Apex Securities

KUALA LUMPUR, Oct 5 (Bernama) -- Budget 2027 is expected to continue targeted measures covering funding, incentives, ecosystem development and talent to support the technology sector, said Apex Securities Bhd.

MARGMA Seeks Export Cess Cut, Enhanced Tax, Labour Policies In Budget 2027

By Danni Haizal Danial Donald

KUALA LUMPUR, Oct 5 (Bernama) -- The Malaysian Rubber Glove Manufacturers Association (MARGMA) has called on the government to remove or reduce the export cess, introduce stronger investment incentives, and enhance tax and labour policies under Budget 2027.

ACCA Puts Integrity First With Global Return To In-person Exams

By Nurunnasihah Ahmad Rashid

KUALA LUMPUR, Oct 5 (Bernama) -- The Association of Chartered Certified Accountants (ACCA) returned to in-person examinations worldwide after seeing indications of changes in examination behaviour that could pose risks to the integrity of its qualification.

Refined SST System Could Create More Efficient Tax Environment – EY

By Siti Noor Afera Abu

KUALA LUMPUR, Oct 4 (Bernama) -- A refined sales and services tax (SST) system incorporating measures to minimise tax cascading, broaden the tax base and strengthen compliance could help create a more neutral and efficient tax environment for businesses, according to EY Malaysia’s Tax Managing Partner Farah Rosley.

Malaysia Welcomes Bahrain Investment, Seeks To Expand Cooperation

KUALA LUMPUR, Oct 3 (Bernama) -- Malaysia welcomes investment from Bahrain and is ready to expand cooperation in various fields, Prime Minister Datuk Seri Anwar Ibrahim said.