Economic

MARC Ratings Affirms AAA Sovereign Rating For Malaysia

KUALA LUMPUR, Dec 24 (Bernama) -- MARC Ratings has affirmed its unsolicited public information sovereign rating on Malaysia at AAA with a stable outlook based on the credit rating agency’s national rating scale.

Advancecon Appoints Phum Boon Eng As New Managing Director

KUALA LUMPUR, Dec 24 (Bernama) -- Advancecon Holdings Bhd has appointed Phum Boon Eng as its new managing director, effective Dec 22, 2025, marking a key milestone in the group’s leadership renewal and long-term succession planning.

Toshiba Unveils High-Speed CMOS Dual Comparator For Industrial Overcurrent Detection

KUALA LUMPUR, Dec 24 (Bernama) -- Toshiba Electronic Devices & Storage Corporation (Toshiba) has launched the "TC75W71FU", a CMOS dual comparator featuring high-speed response and a full input/output range (rail to rail), making it well suited for overcurrent detection in industrial equipment.

Xsolla Named Headline Sponsor Of Global Game Jam 2026

KUALA LUMPUR, Dec 24 (Bernama) -- Xsolla, a global video game commerce company, has entered into a new partnership with Global Game Jam (GGJ), serving as the Headline Sponsor for the 2026 event cycle as part of its continued support for game developers worldwide.

Borneo Oil's Associate Verde Resources Applies For Nasdaq Listing

KUALA LUMPUR, Dec 24 (Bernama) -- Borneo Oil Bhd’s quoted investment, Verde Resources Inc, has applied to list its common stock on the Nasdaq stock market, in conjunction with a proposed underwritten public offering in the United States.

Maybank Experiencing Intermittent Slowness Affecting Duitnow Services

KUALA LUMPUR, Dec 24 (Bernama) -- Malayan Banking Bhd (Maybank) is currently experiencing intermittent slowness affecting DuitNow services, including QR payments, transfers, bill payments and related transactions.

Comprehensive Policy Needed To Uplift Labuan Economy, Says Academic

LABUAN, Dec 24 (Bernama) -- A comprehensive and forward-looking policy framework is needed to revitalise Labuan’s economy that will fully leverage its strategic location, federal territory status and established offshore financial ecosystem, said an academic.

Tiankai Square Hits 201 Patents, Boosting Innovation Hub

KUALA LUMPUR, Dec 24 (Bernama) -- As of December 2025, Tiankai Square, the core area of Tiankai Higher Education Innovation Park operated by Tianjin Tiankai Development Group Co Ltd, has generated a total of 201 independent invention patents, marking a milestone in its development as a leading hub for technological innovation.

HARMAN Acquires ZF's ADAS Business For 1.5 Bln Euros To Boost SDV Platform

KUALA LUMPUR, Dec 24 (Bernama) -- HARMAN International, a wholly owned subsidiary of Samsung Electronics Co Ltd, has entered into a definitive agreement to acquire the Advanced Driver Assistance Systems (ADAS) business of ZF Group for 1.5 billion euros, strengthening its position in the fast-evolving software-defined vehicle (SDV) market. (1 Euro = RM4.77)

Tabelog Launches Multilingual App For Global Travellers

KUALA LUMPUR, Dec 24 (Bernama) -- Tabelog, Japan’s largest restaurant search and reservation service operated by Kakaku.com Inc, has launched a multilingual smartphone application for international travellers, expanding its offering beyond web-based services as inbound tourism continues to grow.

Data Protection Critical For Govt, Businesses And People - Fahmi 

KUALA LUMPUR, Dec 24 (Bernama) -- Data protection is vital and will become increasingly important in the years ahead as transactions become more digital and interconnected, Communications Minister Datuk Fahmi Fadzil said.

MADANI Government's Commitment To Ensure Investments Give Returns To The People - PM Anwar

KUALA LUMPUR, Dec 23 (Bernama) -- Prime Minister Datuk Seri Anwar Ibrahim today stressed that the MADANI Government’s commitment is to ensure that every investment provides returns to the people, today and in the future.