LATEST NEWS   Malaysia welcomes investment in data centres and technology but will take stern action against companies found to have violated Malaysian laws -- MITI | MITI is working with the Customs Department to determine whether chips imported by Speedmatrix have been re-exported legally to other countries | Speedmatrix brings its own servers, AI chips, does not need permit/licence doing so as a data centre tenant in Malaysia -- MITI | Exporting, re-exporting, transshipping or transiting high-performance US AI chips from or through Malaysia has required a MITI permit since July 2025 | MITI says it has never cleared Megaspeed International or Speedmatrix, with data centre visits forming part of routine monitoring | 

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Malaysia Calls For Stronger Global Cooperation To Ensure Gas Supply Security

KUALA LUMPUR, Oct 28 (Bernama) -- Malaysia has called for stronger international cooperation to ensure stable global gas markets and reliable energy supplies, emphasising that energy security is fundamental to industrial competitiveness, investment confidence and sustainable economic growth.

Listen Labs Launches AI ‘Twins’ To Predict Customer Behaviour

KUALA LUMPUR, Oct 28 (Bernama) -- Listen Labs, an artificial intelligence (AI) customer research company, has launched Listen Twins, AI models of individual real people in a company’s target audience, built from in-depth interviews and designed to predict how they would respond to questions.

Bursa Malaysia 3Q Net Profit Rises 10 Pct To RM70.20 Mln

KUALA LUMPUR, Oct 28 (Bernama) -- Bursa Malaysia Bhd’s net profit rose 10 per cent to RM70.20 million in the third quarter ended Sept 30, 2026 (3Q2026), from RM63.84 million a year earlier.

Govt Has Yet To Set Target Year For 1MDB Claims, Asset Recovery -- Amir Hamzah

KUALA LUMPUR, Oct 28 (Bernama) -- The government has not set a target year to conclude all claims and asset recovery efforts related to 1Malaysia Development Bhd (1MDB), Finance Minister II Datuk Seri Amir Hamzah Azizan said.

Fitch Sees Malaysia’s Islamic Finance Topping US$800 Bln, Growth To Continue

KUALA LUMPUR, Oct 28 (Bernama) -- Fitch Ratings estimates Malaysia’s Islamic finance industry to have exceeded US$800 billion (US$1 = RM4.08) at the end of the third quarter of 2026 (3Q26), with growth expected to continue, supported by a deep domestic market, a mature ecosystem and policy support under Budget 2027.

99,000 Job Opportunities Created From Over RM200 Bln Investments In 1H 2026 -- MITI

PUTRAJAYA, Oct 27 (Bernama) -- A total of 99,030 job opportunities are expected to be created through 2,746 approved investment projects in the first half of 2026 (1H 2026), opening up more opportunities for Malaysians to fill high-skilled jobs and enjoy better incomes. 

Hong Leong Bank, UnionPay Partner To Facilitate Cross-border Payments In China

KUALA LUMPUR, Oct 27 (Bernama) -- Hong Leong Bank Bhd’s (HLB) customers can now make QR payments at more than 120 million UnionPay and Weixin Pay merchant touchpoints across China through the HLB Connect application, following a strategic partnership with UnionPay International (UPI).

Rently Secures US$12 Mln Growth Credit Facility To Expand Rental Innovation

KUALA LUMPUR, Oct 27 (Bernama) -- Rental commerce platform, Rently has secured a US$12 million growth credit facility from January Capital, a technology investment firm, to support its expansion across Asia-Pacific and the Gulf region. (US$1 = RM4.08)

Nanning Expands ASEAN Global Engagement With Trade, AI Innovation

KUALA LUMPUR, Oct 27 (Bernama) -- Nearly 100 preliminary artificial intelligence (AI) cooperation agreements worth around two billion Chinese yuan were reached in Nanning during the recently concluded 23rd China-ASEAN Expo (CAEXPO), including more than one billion Chinese yuan in planned cooperation with ASEAN countries.

SG4 Growth Targets Must Be Supported By Implementation Capacity -- Akmal Nasrullah

KUALA LUMPUR, Oct 27 (Bernama) -- The economic growth target of up to seven per cent per year for Kedah, Kelantan, Terengganu, and Perlis states (SG4) must be supported by implementation capacity, said Economy Minister Akmal Nasrullah Mohd Nasir.

Nestle Malaysia’s 3Q Net Profit Rises To RM197.51 Mln, Declares 80 Sen Dividend

KUALA LUMPUR, Oct 27 (Bernama) -- Nestle (Malaysia) Bhd’s net profit rose to RM197.51 million for the third quarter (3Q) ended Sept 30, 2026, compared to RM114.04 million in the same quarter a year ago supported by higher sales. 

Kopi Royale Johor Targets Cafe Opening After Hitting Record Sales Over Three Days

By Nur Fatin Mohmad Kadenen

JOHOR BAHRU, Oct 27 (Bernama) -- Kopi Royale Johor founder, Nurul Afiqah Mazalan, plans to expand the business by opening a cafe within the next three years, having sold over 5,000 cups of traditional local coffee in just three days.