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By Siti Noor Afera Abu
KUALA LUMPUR, May 24 (Bernama) -- Manufacturers across ASEAN, including Malaysia, could unlock up to US$1.2 trillion (US$1=RM3.95) in artificial intelligence (AI)-driven gross output value growth by 2030, according to global management consultancy firm Kearney.
KUALA LUMPUR, May 24 (Bernama) -- A Malaysian strategic advisory firm is positioning itself as a bridge connecting Malaysia and the Russia-Commonwealth of Independent States (CIS) market, aiming to unlock cross-border investment opportunities while strengthening Malaysia’s role as a strategic gateway into Southeast Asia.
KUALA LUMPUR, May 23 (Bernama) -- Gold futures on Bursa Malaysia Derivatives are expected to trade cautiously next week as United States Treasury yields continue to rise significantly amid ongoing tensions in West Asia.
KUALA LUMPUR, May 23 (Bernama) -- Bursa Malaysia is expected to trade with a slight uptrend next week following the recent market pullback as bargain-hunting activities and improved investor sentiment may provide support to selected heavyweights.
KUALA LUMPUR, May 22 (Bernama) -- The government is open to government-linked companies (GLCs) taking calculated losses in strategic sectors such as the digital economy and artificial intelligence (AI), provided there is transparency, good governance and clear policies.
By Harizah Hanim Mohamed
KUALA LUMPUR, May 22 (Bernama) -- The ringgit retreated against the US dollar on Friday, ending a three-day winning streak as investors focused on geopolitical tensions and the increasingly hawkish stance adopted by central banks globally.
By Durratul Ain Ahmad Fuad
KUALA LUMPUR, May 22 (Bernama) -- Bursa Malaysia ended higher on Friday as bargain hunting resurfaced following several weak trading sessions.
JOHOR BAHRU, May 22 (Bernama) -- The Johor Super Lane (JSL) initiative, a fast-track mechanism that has cut the operational timeline for industrial projects to just 11 months, is expected to be a key driver in helping the state achieve its RM140 billion investment target this year.
KUALA LUMPUR, May 22 (Bernama) -- The Malaysian Investment Development Authority (MIDA) is intensifying engagement with Nordic investors to position Malaysia’s New Incentive Framework (NIF) and broader facilitation ecosystem as key advantages for high-quality foreign investment.
By Fatin Umairah Abdul Hamid
KUALA LUMPUR, May 21 (Bernama) -- The Kuala Lumpur rubber market ended lower on Thursday, weighed down by declines in the regional rubber futures markets and a stronger ringgit against the US dollar amid mixed developments surrounding the West Asia conflict, a dealer said.
By Durratul Ain Ahmad Fuad
KUALA LUMPUR, May 21 (Bernama) -- Bursa Malaysia ended at its intraday low on Thursday as investor sentiment remained cautious amid ongoing foreign outflows, although the recent weakness may present bargain-hunting opportunities in fundamentally sound blue-chip counters.
KUALA LUMPUR, May 21 (Bernama) -- MidOcean Energy (MidOcean), a liquefied natural gas (LNG) company formed and managed by EIG, has secured a US$120 million equity investment from The Arab Energy Fund (TAEF) as part of its ongoing capital raise. (US$1=RM3.96)
