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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.

Malaysia's Economy Seen Growing 4.7 Pct In 2026 On Data Centre, Tech Cycle -- IMF

KUALA LUMPUR, July 9 (Bernama) -- Malaysia’s economy is projected to grow at a rate of 4.7 per cent in 2026, benefiting from data centre activity and the upturn in the global technology cycle, according to the International Monetary Fund (IMF). 

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.

Bursa Malaysia Closes Lower Amid Renewed West Asia Tensions

By Danni Haizal Danial Donald

KUALA LUMPUR, July 9 (Bernama) -- Bursa Malaysia closed lower on Thursday as renewed geopolitical tensions in West Asia weighed on investor sentiment.

Thai PM Anutin Optimistic Of Achieving US$30 Bln Trade Target With Malaysia By 2027

KUALA LUMPUR, July 9 (Bernama) -- Thailand is confident of achieving its US$30 billion (US$1=RM4.073) bilateral trade target with Malaysia by 2027, Prime Minister Anutin Charnvirakul said.

MATRADE Invites Malaysian Firms To Join INSP MIHAS 2026, Targets Rm2 Bln Export Sales

KUALA LUMPUR, July 8 (Bernama) -- The Malaysia External Trade Development Corporation (MATRADE) is inviting Malaysian companies to register for the International Sourcing Programme (INSP), to be held alongside the 22nd Malaysia International Halal Showcase (MIHAS) 2026. 

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.

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.

Chin Hin Plans RM3.60 Bln GDV Golden Triangle Project Via RM455 Mln Land Acquisition

KUALA LUMPUR, July 8 (Bernama) -- Chin Hin Group Property Bhd (CHGP) plans to develop a mixed-use project with an estimated gross development value (GDV) of RM3.60 billion in Kuala Lumpur's Golden Triangle and a total development cost (TDC) of RM2.72 billion.

Petronas Advances TriCipta AI Through Third JDA with IBM, Tridiagonal.AI

KUALA LUMPUR, July 8 (Bernama) -- Petronas Carigali Sdn Bhd has signed the third joint development agreement (JDA) with IBM Malaysia Sdn Bhd (IBM) and Tridiagonal.AI Pvt Ltd (T.AI) to advance its flagship TriCipta AI across the upstream value chain.

Late Buying Lifts Bursa Malaysia To Close Slightly Higher

By Danni Haizal Danial Donald

KUALA LUMPUR, July 8 (Bernama) -- Late buying interest lifted Bursa Malaysia to a slightly higher close on Wednesday, reversing earlier losses and bucking the mixed performance across regional markets.

EIG's MidOcean Secures US$1.13 Bln Investment From Private Department

KUALA LUMPUR, July 8 (Bernama) -- EIG, an institutional investor in the global energy and infrastructure sectors, announced that its liquefied natural gas (LNG) company, MidOcean Energy (MidOcean), has secured a US$1.13 billion investment from the Private Department of Sheikh Mohammed bin Khalid Al Nahyan (Private Department). (US$1=RM4.07)