8d ago
KUALA LUMPUR, Sept 15 (Bernama) -- Bursa Malaysia’s key index opened lower on Tuesday after closing at an intraday high on Monday, weighed down by elevated crude oil prices and US bond yields, while a dispute over artificial intelligence (AI) development added to market uncertainty.
9d ago
JOHOR BAHRU, Sept 14 (Bernama) – Billions of ringgit worth of underutilised waqf land in Malaysia could be tapped for affordable housing if a clear legal framework is established to facilitate long-term development without transferring ownership of the land, according to real estate practitioner Datuk Idzham Mohd Hashim.
9d ago
By Harizah Hanim Mohamed and Fatin Umairah Abdul Hamid
KUALA LUMPUR, Sept 14 (Bernama) -- Bursa Malaysia’s barometer index closed at an intraday high and snapped a four-day losing streak on Monday, as bargain hunting emerged following recent weakness, with half of the key index components advancing.
9d ago
KUALA LUMPUR, Sept 14 (Bernama) -- Space42, the United Arab Emirates (UAE)-based artificial intelligence (AI)-powered SpaceTech company, and Viasat Inc have signed an agreement to formally establish Equatys, a shared space and ground infrastructure platform, with the two companies to make an initial equity contribution of up to US$1 billion. (US$1 = RM4.06)
9d ago
KUALA LUMPUR, Sept 14 (Bernama) -- Malaysia must ensure that the rapid growth of its data centre industry delivers real and quantifiable spillovers to the wider economy, including stronger local businesses, deeper local capabilities and real opportunities for the people.
9d ago
KUALA LUMPUR, Sept 14 (Bernama) – The Data Centre Task Force (DCTF) has received more than 40 applications to establish or expand data-centre operations in Malaysia this year, reflecting continued investment interest in the country’s digital infrastructure industry.
9d ago
KUALA LUMPUR, Sept 14 (Bernama) -- The Malaysian Investment Development Authority (MIDA) is strengthening the broader ecosystem around Malaysia’s data centre industry to help local companies build capabilities and participate in areas including engineering, construction, electrical systems, cooling, telecommunications, cybersecurity, and logistics.
9d ago
KUALA LUMPUR, Sept 14 (Bernama) -- Brent crude will remain elevated in the fourth quarter of 2026, trading between US$95 and US$100 per barrel toward the year-end, supported by persistent Strait of Hormuz disruptions, rising risks in the Bab el-Mandeb Strait and constrained West Asia exports, said Hong Leong Investment Bank (HLIB) today.
12d ago
KUALA LUMPUR, Sept 11 (Bernama) -- Mondelez International has launched its completed RM90 million Crumb Tower at the Cadbury Confectionery plant in Shah Alam, reinforcing its long-term confidence in Selangor and Malaysia as a strategic base for advanced chocolate manufacturing.
12d ago
By K. Naveen Prabu
KUALA LUMPUR, Sept 11 (Bernama) -- Rising healthcare utilisation is emerging as a key contributor to Malaysia’s medical claims inflation, highlighting the need for greater efficiency, transparency and collaboration across the healthcare ecosystem to keep medical protection affordable and sustainable, according to the Life Insurance Association of Malaysia (LIAM).
12d ago
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.
12d ago
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.