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Economic

Digital Twin, Smart Manufacturing Key To Strengthening Malaysia’s Industrial Ecosystem

KUALA LUMPUR, May 8 (Bernama) -- Digital twin technology and smart manufacturing are becoming increasingly important in strengthening Malaysia’s industrial ecosystem, according to the Malaysian Investment Development Authority (MIDA).

Manufacturing Sales Rise 5.3 Pct To RM173.1 Bln In March 2026 - DOSM

KUALA LUMPUR, May 8 (Bernama) -- The manufacturing sector posted sales value of RM173.1 billion in March 2026, an increase of 5.3 per cent year-on-year (y-o-y), said the Department of Statistics Malaysia (DOSM). 

Penang Continues To Drive National Economy, Records Investments Totalling RM63.96 Bln In 2025

GEORGE TOWN, May 8 (Bernama) -- Penang continued to serve as a driver of the nation’s industry and sustained its growth momentum by recording RM63.96 billion in approved investments last year, according to Penang Governor Tun Ramli Ngah Talib.

Xsolla Strengthens Vietnam Gaming Presence At GameVerse 2026

KUALA LUMPUR, May 8 (Bernama) -- Xsolla, a global video game commerce company, has announced its participation in Vietnam GameVerse 2026 at the Saigon Exhibition and Convention Center (SECC) in Ho Chi Minh City, Vietnam.

Meltwater Unveils AI-Powered Mid-Year Product Release

KUALA LUMPUR, May 8 (Bernama) -- Meltwater, a leader in actionable intelligence, has unveiled its 2026 Mid-Year Product Release, designed to empower organisations to move beyond monitoring to uncover critical signals, identify emerging risks and opportunities, and act with speed and confidence.

EarthDaily Secures US$1.2 Mln NRO Contract For Earth Observation Imagery

KUALA LUMPUR, May 8 (Bernama) -- EarthDaily Analytics (EarthDaily) has been selected by the United States (US) National Reconnaissance Office (NRO) to support the use of commercial multispectral Earth observation imagery under the Strategic Commercial Enhancements (SCE) Commercial Solutions Opening (CSO).

Malaysia’s Economy Remains Resilient Despite West Asia Risks, Says BNM Governor

By M. Saraswathi & Karina Imran

KUALA LUMPUR, May 8 (Bernama) -- Malaysia's economy remains resilient despite mounting risks from the ongoing West Asia conflict, supported by strong domestic demand, sustained investment activity and robust exports linked to the global technology and artificial intelligence (AI) upcycle.

Gamuda Climbs 0.52 Pct On 10th Taiwan Project Win

KUALA LUMPUR, May 8 (Bernama) -- Gamuda Bhd shares edged up 0.52 per cent this morning after the group announced it had secured a RM3.30 billion contract for the Kaohsiung Metropolitan Mass Rapid Transit (MRT) project in Taiwan.

Targeted Assistance Available For Businesses Hit By Rising Costs - BNM

By M. Saraswathi & Karina Imran

KUALA LUMPUR, May 8 (Bernama) -- Help is readily available for businesses affected by the conflict in West Asia, especially small and medium enterprises (SMEs), said Bank Negara Malaysia (BNM) Governor Datuk Seri Abdul Rasheed Ghaffour.

Targeted Solutions, Not Monetary Policy, More Effective In Addressing Supply Shocks - BNM

By M. Saraswathi & Karina Imran

KUALA LUMPUR, May 8 (Bernama) -- Monetary policy is primarily a demand management tool. As such, it is generally a less appropriate tool in addressing supply-driven shocks, such as rising fuel and commodity prices, according to Bank Negara Malaysia (BNM) Governor Datuk Seri Abdul Rasheed Ghaffour.

Malaysia Eyes Leadership In Advanced Packaging As AI Reshapes Global Chip Industry

KUALA LUMPUR, May 8 (Bernama) -- Malaysia is positioning itself to move beyond its long-standing leadership in assembly, testing and packaging towards leadership in advanced packaging as artificial intelligence (AI) reshapes the global semiconductor industry.

ASEAN Targets Intra-regional Trade To Reach 30 Pct By 2030 - Mohamad Hasan

From Linda Khoo

CEBU, May 8 (Bernama) -- ASEAN is committed to strengthening intra-regional trade, including increasing intra-member trade to at least 30 per cent by 2030.