LATEST NEWS   The Data Centre Task Force has received more than 40 applications to establish or expand operations in Malaysia this year - MITI  | United Asiapac Energy opens flat at 35 sen on its ACE Market debut with 2.38 mln shares traded | Jamil Khir charged in KL Sessions Court with three counts of causing Lembaga TH to write off over RM860 million in funds to Al-Rawda. | 

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Malaysia To Repurpose Retiring Coal Plants Into RE Hubs - DPM Fadillah

KUALA LUMPUR, July 2 (Bernama) -- Malaysia plans to repurpose sites of retiring coal-fired power plants into renewable energy (RE) hubs and battery energy storage facilities under a proposed National Coal Site Repurposing Framework, said Deputy Prime Minister Datuk Seri Fadillah Yusof.

Khazanah Backs PAC Recommendations To Strengthen Airport Ecosystem

KUALA LUMPUR, July 1 (Bernama) -- Khazanah Nasional Bhd has welcomed the recommendations of the Public Accounts Committee (PAC) on Malaysia Airports Holdings Bhd (MAHB) and the continued strengthening of Malaysia's airport ecosystem.

HSBC Sees 10 Pct Upside For FBM KLCI By Year-end

By Abdul Hamid A Rahman

KUALA LUMPUR, July 1 (Bernama) -- HSBC Private Bank and Premier Wealth has set a year-end target of 1,850 points for the FTSE Bursa Malaysia KLCI (FBM KLCI), implying about 10 per cent upside from current levels.

Bursa Malaysia Reverses Earlier Gains To End Lower

By Nurunnasihah Ahmad Rashid

KUALA LUMPUR, July 1 (Bernama) -- Bursa Malaysia’s benchmark index fell 0.43 per cent to close at its intraday low, reversing earlier gains as a wave of late-session selling erased the day's advances.

Vocalbeats.AI Joins SGTech To Expand Industry Collaboration

KUALA LUMPUR, July 1 (Bernama) -- Vocalbeats.AI has joined SGTech, Singapore's technology industry trade association, as a member of its Singapore Enterprise Chapter, strengthening the artificial intelligence (AI)-powered audio company's engagement with the country's technology ecosystem.

Nine Funds Earn Perfect Scores In Global SWF GSR Scoreboard

KUALA LUMPUR, July 1 (Bernama) -- Global SWF has published the seventh edition of its Governance, Sustainability, and Resilience (GSR) Scoreboard, with nine institutions achieving perfect scores in the 2026 assessment of state-owned investors.

Weststar, Rocket Technologies International Collaboration To Generate Over US$10 Bln Commercial Potential

CANBERRA, July 1 (Bernama) -- The strategic joint venture agreement (JVA) between Weststar Group and Australia's Rocket Technologies International Pty Ltd is expected to contribute significantly to bilateral trade and economic growth between Malaysia and Australia, with long-term commercial potential estimated at over US$10 billion (US$1 = RM4.08) through future aerospace, defence, satellite, and advanced technology programmes. 

JS-SEZ To Benefit From Collaboration With Italy, European Partners - Akmal Nasrullah

KUALA LUMPUR, July 1 (Bernama) -- Collaboration with Italy and other European partners will play an important role in supporting the Johor-Singapore Special Economic Zone (JS-SEZ), said Economy Minister Akmal Nasrullah Mohd Nasir.

SemiconStart Marks Implementation Phase Of Malaysia's Semiconductor Drive -- Amir Hamzah

KUALA LUMPUR, July 1 (Bernama) -- Malaysia's drive to strengthen its semiconductor ecosystem has moved into the implementation stage with the launch of SemiconStart Malaysia, signalling the government's focus on translating plans into tangible industry outcomes.

PAAB Launches Malaysia's First Sustainable Islamic Finance Framework Featuring Blue Finance, Advancing Water Security

KUALA LUMPUR, June 30 (Bernama) -- Pengurusan Aset Air Bhd (PAAB), a wholly owned company of the Minister of Finance (Incorporated), today launched its Sustainable Islamic Finance Framework, marking three national milestones.

Maybank Indonesia Established As Financial Conglomerate Holding Company

JAKARTA, June 30 (Bernama) -- Maybank Indonesia's shareholders have approved the bank's establishment as the operational holding company of the Maybank Financial Conglomerate in Indonesia.

 Malaysia's Next Economic Milestone: Can GDP Per Capita Reach US$20,000 By Early 2030s?

By Rosemarie Khoo Mohd Sani

KUALA LUMPUR, June 30 (Bernama) -- Malaysia has crossed another important economic milestone, with nominal gross domestic product (GDP) per capita surpassing the US$15,000 (US$1 = RM4.06) mark in 2026, according to the International Monetary Fund (IMF).