Malaysia Now 7.1 Pct Below World Bank’s High-Income Threshold -- Akmal Nasrullah

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.

Malaysia To Prioritise Higher Wages Before Broadening Tax Base, Says Economy Minister

PUTRAJAYA, July 28 (Bernama) -- Malaysia’s immediate priority right now is to raise people’s incomes and address the country’s structural wage issue before broadening the tax base, Economy Minister Akmal Nasrullah Mohd Nasir said.

Data Centre Approvals Won’t Compromise Malaysia’s Energy Security - Sim

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.

F1’s Return To Sepang: A Test Of Malaysia’s Pride And Preparedness

By Datuk Yong Soo Heong

KUALA LUMPUR, July 28 (Bernama) -- The announcement that Formula One (F1) will return to the Sepang International Circuit from Oct 2 to 4 fills me with immense pride — both as a Malaysian and as a lifelong motor racing fan.

SBM Offshore Strengthens Malaysia’s Role In Global Offshore Energy Projects

KUALA LUMPUR, July 27 (Bernama) -- Malaysia is strengthening its position in the global offshore energy value chain, with local engineering and technical teams taking on increasingly complex responsibilities in international project execution.

Mobix Labs To Acquire Drone Maker Vision Aerial

KUALA LUMPUR, July 27 (Bernama) -- Mobix Labs Inc has signed a definitive agreement to acquire Vision Aerial Inc, a United States (US)-based manufacturer of National Defense Authorization Act (NDAA)-compliant unmanned aerial systems, in a deal valued at approximately US$15 million. (US$1=RM4.08)

Sabah People's Fish Programme Strengthens Food Security, Supports Fishermen -- SAFMA

LABUAN, July 27 (Bernama) -- The Sabah Fish Marketing Sdn Bhd’s (SAFMA) fish programme continues to play a key role in strengthening the state’s food security, ensuring a steady supply of fresh, quality fish at affordable prices.

Malaysia's F1 Return Offers Economic Upside

By Siti Radziah Hamzah

KUALA LUMPUR, July 26 (Bernama) -- Malaysia's hosting of the Formula 1 Gulf Air Bahrain Grand Prix (Bahrain GP) in October could provide an economic boost through tourism and related industries.

Humanoid Raises US$152 Mln In Series A

KUALA LUMPUR, July 24 (Bernama) -- Humanoid, a United Kingdom-based artificial intelligence (AI) and robotics company developing industrial humanoid robots, has raised US$152 million in a Series A funding round, valuing the company at US$1.35 billion post-money and bringing its total capital raised to US$270 million. (US$1=RM4.09)

LEPAS Unveils L8 PHEV For Global Markets

KUALA LUMPUR, July 24 (Bernama) -- LEPAS, Chery Auto's mid-to-premium new energy vehicle (NEV) brand, has introduced the LEPAS L8 plug-in hybrid electric vehicle (PHEV) to global markets, combining advanced hybrid technology, intelligent driving features and its signature "Leopard Aesthetics" design philosophy.

IATA Appoints Saadia Zahidi As Its First Female Director General

KUALA LUMPUR, July 23 (Bernama) -- The International Air Transport Association (IATA) has appointed Pakistani-Swiss economist Saadia Zahidi as its ninth director general, making her the first female to hold the position.

Assessment Of Strategic Stockpile Needs Key To Extending National Petroleum Supply Resilience

KUALA LUMPUR, July 23 (Bernama) -- Measures to diversify supply sources and assess strategic stockpiling needs are crucial for extending the resilience of the country's petroleum supply beyond the current operational period, according to the Ministry of Economy.