MBI Wants Malaysia, Indonesia To Emerge As Major Integrated Circuit Producers

From Harizah Hanim Mohamed

BANDUNG, July 10 (Bernama) --  Menteri Besar Selangor Incorporated (MBI) wants to see the semiconductor industry in Malaysia and Indonesia grow more rapidly, with both countries developing into major producers of integrated circuits (ICs), said group chief executive officer Datuk Saipolyazan M Yusop.

MoF Says No Blanket Freeze On 2026 Allocations For MoH, MoE

KUALA LUMPUR, July 9 (Bernama) -- The government is not implementing across-the-board restrictions on the allocations for the Ministry of Health (MoH) and the Ministry of Education (MoE) for 2026.

AI, Digital Cash Set To Reshape Financial Systems

KUALA LUMPUR, July 9 (Bernama) -- The emergence of artificial intelligence (AI)-driven autonomous agentic systems could become significantly more consequential for financial systems when paired with digital cash, such as stablecoins, tokenised deposits or deposit tokens.

MIDA, Perodua Organise ESG Awareness Session For Local Automotive Vendors

KUALA LUMPUR, July 9 (Bernama) -- The Malaysian Investment Development Authority (MIDA) and Perusahaan Otomobil Kedua Sdn Bhd (Perodua) today organised an Environmental, Social and Governance (ESG) Awareness Session for local automotive vendors.

Govt's Total 1MDB Obligation Amounts To RM51.4 Bln — MoF

KUALA LUMPUR, July 9 (Bernama) -- The government's total liabilities arising from 1Malaysia Development Bhd (1MDB), including those already settled and those still outstanding, amount to RM51.4 billion, said Deputy Finance Minister Liew Chin Tong.

AEON Credit Service's Net Profit Higher At RM95.16 Mln In 1QFY2027

KUALA LUMPUR, July 9 (Bernama) -- AEON Credit Service (M) Bhd’s net profit for the first quarter ended May 31, 2026 for the financial year (FY) 2027 (1QFY2027) rose to RM95.16 million from RM77.54 million in 1QFY2026. 

AEON Bank Biz Supercharges Business Growth With Term Financing-i And Working Capital Financing-i

KUALA LUMPUR, July 9 (Bernama) -- AEON Bank (M) Bhd, Malaysia's first digital Islamic bank, has introduced Term Financing-i and Working Capital Financing-i, anchored by its business banking vertical, AEON Bank Biz, as it expands its business banking financing facilities.

Abaxx Approves CIX As Custodian For Carbon Futures Contract

KUALA LUMPUR, July 9 (Bernama) -- Abaxx Technologies Inc announced that Climate Impact X (CIX), a global environmental markets exchange, has been approved as an eligible custodian for Abaxx Exchange’s carbon futures contracts.

Responsible AI Implementation Critical For Future Of Malaysian Banking Workforce

KUALA LUMPUR, July 9 (Bernama) -- Malaysia’s banking sector is strategically positioning itself to strengthen its regional leadership in responsible artificial intelligence (AI) deployment, as the technology enters a definitive new phase in which financial industry success is no longer judged by the sheer speed of technology adoption, but by the maturity and responsibility of its implementation.

SRKK AI Eyes Revenue Contribution From Indonesia Within Three Years

KUALA LUMPUR, July 9 (Bernama) -- Digital transformation solutions provider SRKK AI Bhd expects its expansion into Indonesia to begin making a meaningful contribution to the group’s revenue within three years, following its listing on the ACE Market of Bursa Malaysia.

AI-Enabled Grid Should Drive Malaysia’s Energy Transition - Industry Expert

KUALA LUMPUR, July 8 (Bernama) -- Malaysia’s energy transition will depend not only on expanding generation capacity but also on its ability to build a smarter, more integrated and more resilient power grid, an industry expert said.

Infomina Secures RM21.12 Million JPJ Contract For ICT Infrastructure Support Services

KUALA LUMPUR, July 8 (Bernama) -- Infomina Bhd secured a RM21.12 million information and communications technology (ICT) maintenance and technical support services contract from the Road Transport Department (JPJ).