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KUALA LUMPUR, July 28 (Bernama) -- Bank Negara Malaysia (BNM) sees the country’s wage growth has lagged productivity growth and believes there is a need to review its wage-setting system, particularly how adjustments to the minimum wage translate into wages at higher levels.
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By Zufazlin Baharuddin and Fatin Umairah Abdul Hamid
KUALA LUMPUR, July 28 (Bernama) -- Bursa Malaysia closed marginally lower on Tuesday as investors turned cautious ahead of a busy week featuring the US Federal Reserve’s (Fed) policy meeting and earnings releases from major US technology companies.
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SEREMBAN, July 28 (Bernama) -- The minimum price of rubber is targeted to hit RM5 per kilogramme by the end of 2027 as part of efforts to improve the income and standard of living of more than 500,000 rubber smallholders nationwide, said Deputy Prime Minister Datuk Seri Dr Ahmad Zahid Hamidi.
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KUALA LUMPUR, July 28 (Bernama) -- InterSystems, a creative data technology provider, has announced the general availability of InterSystems Data Studio AI Assistant, a new generative artificial intelligence (AI)-powered extension for InterSystems Data Studio.
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GEORGE TOWN, July 28 (Bernama) -- Mi Equipment (M) Sdn Bhd will continue expanding its research and development (R&D) capabilities and manufacturing capacity in Penang as it strengthens its position as a global player in the advanced semiconductor packaging industry.
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KUALA LUMPUR, July 28 (Bernama) -- Bursa Malaysia continued its downtrend to close lower at midday, in line with regional sell-off on tech stocks following US chipmaker Nvidia’s talks with OpenAI to help fund a US$250 billion backstop.
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PUTRAJAYA, July 28 (Bernama) -- Malaysia is now just 7.1 per cent below the World Bank’s high-income threshold, thanks to the 5.8 per cent economic expansion in the second quarter of this year, said Economy Minister Akmal Nasrullah Mohd Nasir.
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KUALA LUMPUR, July 28 (Bernama) -- The planned integration between Korean Air and Asiana Airlines, a South Korean airline headquartered in Seoul, is expected to enhance network connectivity for Malaysian passengers transiting through Korean Air’s dedicated Terminal 2 at Seoul International Airport.
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KUALA LUMPUR, July 28 (Bernama) -- Every application for a new data centre project will undergo a stringent assessment process to ensure electricity and water supplies for local households and industries are not affected, said Deputy Investment, Trade and Industry Minister Sim Tze Tzin.
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KUALA LUMPUR, July 28 (Bernama) -- Sime Darby Property Bhd's New Economy Venture (NEV) platform, Sime Darby Property NEV (Holdings) Sdn Bhd (SDP NEV), has established a sukuk programme of up to RM2.6 billion to finance the development of build-to-suit-to-lease data centres as well as industrial and logistics assets.
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KUALA LUMPUR, July 28 (Bernama) -- The government ensures that every application for a new data centre project go through a strict assessment process to make sure that electricity and water supplies to households and local industries are not affected.
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KUALA LUMPUR, July 28 (Bernama) -- Malaysia’s successful US$1.5 billion global sukuk issuance last week shows investors’ confidence in its economic fundamentals, said Bank Negara Malaysia (BNM) Governor Datuk Seri Abdul Rasheed Ghaffour.