Penang Allocates RM4.5 Mln To Boost AI Adoption, Support Tech Startups

GEORGE TOWN, Nov 7 (Bernama) -- The Penang government has allocated RM4.5 million in its 2027 budget to support technology startups, accelerate digitalisation among small and medium enterprises (SMEs) and expand the use of artificial intelligence (AI) across the state's economy.

Public Bank 3Q Net Profit Falls 3.8 Pct To RM1.77 Bln

KUALA LUMPUR, Nov 6 (Bernama) -- Public Bank Bhd posted a lower net profit of RM1.77 billion in the third quarter (3Q) ended Sept 30, down from RM1.84 billion, while revenue rose to RM7.74 billion from RM7.41 billion previously.

Govt Welcomes Proposal For More Structured Support For Growth-stage SMEs -- Fadillah

KUALA LUMPUR, Nov 5 (Bernama) -- The government welcomes the business community’s proposal for more structured support for growth-stage small and medium enterprises (SMEs), said Deputy Prime Minister Datuk Seri Fadillah Yusof.

Malaysia Sees Strong Potential To Expand F&B Trade With Indonesia -- Envoy

By Nik Nurfaqih Nik Wil

JAKARTA, Nov 4 (Bernama) -- Malaysia sees strong potential to expand bilateral trade with Indonesia in the food and beverage (F&B) sector, particularly through greater participation by Malaysian small and medium enterprises (SMEs) in the Indonesian market.

Kedah Rubber City Attracts RM3.344 Bln In Committed Investments

KUALA LUMPUR, Nov 4 (Bernama) – The Kedah Rubber City (KRC) project has attracted RM3.344 billion in committed investments from five key investors as of September 2026, according to Economy Minister Akmal Nasrullah Mohd Nasir.

AWS Launches Semarak AI Malaysia To Accelerate Nationwide AI Adoption

KUALA LUMPUR, Nov 4 (Bernama) -- Amazon Web Services (AWS) has launched Semarak AI Malaysia, a national programme to accelerate the adoption of artificial intelligence (AI).

Govt Refunds RM20.27 Bln In Excess Income Tax As At Oct 31 - Amir Hamzah

KUALA LUMPUR, Nov 3 (Bernama) -- A total of RM20.271 billion in income tax refunds involving 3.65 million taxpayer cases had been paid as at Oct 31, 2026.

Four Malaysian Firms Partner With WPS To Expand AI Adoption Among Businesses

KUALA LUMPUR, Nov 3 (Bernama) -- Four Malaysian companies have partnered with global office software provider, WPS, to expand the use of artificial intelligence (AI) in business operations, particularly among small and medium enterprises (SMEs).

MATRADE Expects Malaysia's Trade Surplus To Grow By 20 Pct This Year

By Abdul Hamid A Rahman

KUALA LUMPUR, Nov 2 (Bernama) -- The Malaysia External Trade Development Corporation (MATRADE) expects the country's trade surplus to grow by at least 15 to 20 per cent this year, compared with RM156.83 billion last year, said its chief executive officer Datuk Indera Abu Bakar Yusof.

New Manufacturing Investments Must Reduce Reliance On Foreign Workers -- MITI

KUALA LUMPUR (Bernama) -- The government will ensure new investments in the manufacturing sector do not rely on foreign workers or manual labour, in line with efforts to transform the industry toward high value-added activities, automation, and digitalisation, the Ministry of Investment, Trade and Industry (MITI) said.

Penang Tech Financial Centre To Capitalise On Geopolitical Shifts, AI Supercycle – Chow

GEORGE TOWN, Oct 30 (Bernama) -- The establishment of the Penang Technology Financial Centre (PTFC) positions the state strategically to capitalise on global geopolitical shifts and the artificial intelligence (AI) supercycle, further accelerating growth in the semiconductor and electrical and electronics sectors.

Govt Takes Targeted Approach To Assist Affected SMEs - Amir Hamzah

KUALA LUMPUR, Oct 29 (Bernama) -- The government is taking a targeted approach to assist small and medium enterprises (SMEs) affected by economic pressures, including through loan rescheduling and restructuring, as well as payment deferments.