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Segula Technologies Eyes Malaysia As Southeast Asia Engineering Hub

From Saraswathi Muniappan

NEW DELHI, Sept 12 (Bernama) -- Segula Technologies India Pvt Ltd is advancing plans to establish Malaysia as its regional hub for Southeast Asia following a “fruitful” discussion with Prime Minister Datuk Seri Anwar Ibrahim in India’s capital.

Islamic Finance Principles Can Lead Way In Sustainable Investment, Says Sultan Nazrin

KUALA LUMPUR, Sept 12 (Bernama) -- The principles of Islamic finance can lead the way in sustainable investment as the world seeks to mobilise the vast amounts of capital needed to address the climate crisis, said the Sultan of Perak, Sultan Nazrin Muizzuddin Shah.

Yobe Malaysia Targets 32 Crafted Outlets By End 2027

KUALA LUMPUR, Sept 12 (Bernama) -- Homegrown frozen yoghurt brand Yobe Malaysia aims to expand its market three months after its official market launch in June this year, targeting 32 Yobe Crafted outlets nationwide by the end of 2027.

RMS Launches MyARX To Strengthen Digital Transformation Of Ar-Rahnu X’Change

GEORGE TOWN, Sept 12 (Bernama) -- Bank Kerjasama Rakyat Malaysia Bhd’s (Bank Rakyat) wholly-owned subsidiary, Rakyat Management Services Sdn Bhd (RMS), has launched the MyARX mobile application as part of its efforts to strengthen the digital transformation of the Ar-Rahnu X’Change service.

Rakuten Trade Keeps End-2026 FBM KLCI Target At 1,770, Budget 2027 Next Key Test

KUALA LUMPUR, Sept 11 (Bernama) -- Rakuten Trade Sdn Bhd is keeping its end-2026 Bursa Malaysia benchmark index FBM KLCI target at 1,770, underpinned by clearer earnings visibility from Malaysia’s power and grid infrastructure spending.

Budget 2027 Should Shift AI Focus Beyond Data Centres, Says MBSB IB

KUALA LUMPUR, Sept 11 (Bernama) -- Budget 2027 should move Malaysia’s artificial intelligence (AI) agenda beyond data centre construction towards enterprise adoption, domestic intellectual property, cybersecurity and workforce productivity.

Malaysia Well Positioned To Seize ASEAN’s Second-wave AI Compute Advantage -- Economist

By Muhammad Fawwaz Thaqif Nor Afandi

KUALA LUMPUR, Sept 11 (Bernama) -- Malaysia is well positioned to seize a first-mover advantage in ASEAN’s second wave of hyperscale and artificial intelligence (AI) computing infrastructure, driven by its competitive costs, strong connectivity and established semiconductor ecosystem.

Paragon Globe Secures RM45.16 Mln Data Centre Contract In Johor

KUALA LUMPUR, Sept 10 (Bernama) -- Paragon Globe Bhd's (PGB) wholly-owned subsidiary, PGBG Construction Sdn Bhd, has accepted a letter of award (LoA) worth RM45.16 million to provide earthworks and retaining walls for a data centre development in Johor.

Anwar To Hold High-Level Meetings With Modi, Putin During BRICS Summit Working Visit In India

From Saraswathi Muniappan

NEW DELHI, Sept 10 (Bernama) -- Prime Minister Datuk Seri Anwar Ibrahim is set to engage in high-level bilateral meetings with Indian Prime Minister Narendra Modi and Russian President Vladimir Putin during his working visit to the Indian capital for the 18th BRICS Summit this weekend.

RHB IB Estimates Federal Govt’s 2027 Budget Allocation At RM437.8 Bln

KUALA LUMPUR, Sept 10 (Bernama) -- RHB Investment Bank Bhd (RHB IB) estimates that the total federal government allocation for Budget 2027 will be RM437.8 billion.

HE Group Bags RM25 Mln Power Distribution Works Contract

KUALA LUMPUR, Sept 10 (Bernama) -- HE Group Bhd’s wholly-owned subsidiary, Hexatech Engineering Sdn Bhd, has secured a purchase order (PO) for power distribution system works worth RM25 million.

ACE Market-bound SLGC Aims To Raise RM29.4 Mln Via IPO

KUALA LUMPUR, Sept 10 (Bernama) -- Construction services firm SLGC Bhd aims to raise RM29.4 million through an initial public offering (IPO) ahead of its planned listing on the ACE Market of Bursa Malaysia on Oct 6.