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Cautious Sentiment Drags Bursa Malaysia Lower At The Close

By Harizah Hanim Mohamed

KUALA LUMPUR, June 9 (Bernama) -- Bursa Malaysia ended lower on Tuesday as investors adopted a cautious stance amid external uncertainties, keeping a close watch on the upcoming United States inflation as well as developments surrounding the fragile Israel-Iran ceasefire.

PM Anwar Courts Japanese Investments In Semiconductors, AI And Quantum Computing

From Mohd Iswandi Kasan Anuar

TOKYO, June 9 (Bernama) -- Prime Minister Datuk Seri Anwar Ibrahim has called on Japanese companies to continue expanding their investments in Malaysia, particularly in high-technology sectors such as semiconductors, artificial intelligence (AI), quantum computing and digital industries.

Space42 Completes Deployment Of Foresight EO Constellation Satellites

KUALA LUMPUR, June 9 (Bernama) -- Space42, the United Arab Emirates (UAE)-based artificial intelligence (AI)-powered SpaceTech company, has strengthened its Earth observation capabilities following the full operational deployment of the Foresight-3, Foresight-4, and Foresight-5 satellites.

ASNB Enhances Zakat Fulfilment Via New Al-Mustaghallat, Khultah Method

KUALA LUMPUR, June 9 (Bernama) -- Muslim unitholders of Amanah Saham Nasional Bhd (ASNB) fixed-price funds can now opt for the “zakat al-mustaghallat” via “khultah” (collective) payment method.

EPF, PNB And KWAP To Allocate Capital To Support MY Value Up Principles -- Ahmad Zahid

KUALA LUMPUR, June 9 (Bernama) -- Government-linked investment companies (GLICs), namely the Employees Provident Fund, Permodalan Nasional Bhd and Retirement Fund Incorporated (KWAP), will allocate a portion of their capital to support companies that demonstrate a strong commitment to value creation and the adoption of 'MY Value Up' principles.

Khazanah: Investments Key To Malaysia’s Next Growth Phase

KUALA LUMPUR, June 9 (Bernama) -- Malaysia must ensure that investments are channelled towards strengthening firms, deepening industrial linkages, and building higher-value capabilities to support the country’s next phase of economic development.

MY Value-Up To Shift Boardroom Focus To Long-term Value Creation -- SC

KUALA LUMPUR, June 9 (Bernama) – Malaysia’s MY Value-Up initiative to reshape boardroom priorities is designed to encourage companies to communicate their strategies more effectively, improve performance and enhance investors' perception of their long-term value proposition.

Alibaba Cloud Launches Johor Public Cloud Region To Meet Growing Demand

KUALA LUMPUR, June 9 (Bernama) – Alibaba Cloud Intelligence has launched its new public cloud region in Johor, expanding its data centre footprint in Malaysia as it seeks to meet the growing demand for cloud and artificial intelligence (AI) services.

Stronger Fiscal Discipline Key To Attracting Higher-Value Investment -- Amir Hamzah

KUALA LUMPUR, June 9 (Bernama) -- Malaysia must continue to strengthen fiscal discipline, improve public service delivery, support businesses, protect the rakyat and position the country to capture higher-value investment and growth, said Finance Minister II Senator Datuk Seri Amir Hamzah Azizan.

Sime Darby Property Launches RM1.25 Bln Fund For Data Centres, Logistics Developments

KUALA LUMPUR, June 9 (Bernama) -- Sime Darby Property Bhd (SDP) has launched a RM1.25 billion real estate development fund, the New Economy Venture (NEV), to invest in build-to-suit-to-lease data centres, as well as industrial and logistics development projects within SDP’s key townships in Malaysia.

Sime Darby Property Traded Flat After Launching RM1.25 Bln Development Fund

KUALA LUMPUR, June 9 (Bernama) -- Sime Darby Property Bhd (SDP) counter was traded flat after announcing a RM1.25 billion real estate development fund, the New Economy Venture (NEV), to invest in build-to-suit-to-lease data centres, and industrial and logistics development projects within its key townships.

Malaysia's Role As Strategic Semiconductor Hub More Vital Amid Global Supply Chain Shift

KUALA LUMPUR, June 9 (Bernama) -- Malaysia’s role as a strategic semiconductor hub is becoming increasingly important as geopolitical tensions continue to reshape global supply chains.