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ASEAN Must Grow Own Giants, Shift From FDI, Export-reliant Growth - Liew

By Nur Ashikin Abdul Aziz

SINGAPORE, July 3 (Bernama) -- ASEAN should shift its focus towards developing its own companies and technologies, moving away from an economic model driven by foreign direct investment (FDI) or export-led industrialisation, amid global uncertainty.

Gamuda Shares Rise On Landmark Tasmania Renewable Energy Deal

KUALA LUMPUR, July 2 (Bernama) -- Gamuda Bhd’s shares gained traction in early trade on Wednesday, following the signing of a landmark agreement with Tasmanian landowners to co-develop large-scale renewable energy projects.

Gamuda’s Unit signs Deal To Co-develop Renewable Energy Projects In Australia

KUALA LUMPUR, June 30 (Bernama) -- Gamuda’s wholly owned Australian subsidiary, Gamuda Holdings Pty Ltd, has signed a landmark agreement with local Tasmanian landowners to co-develop a portfolio of large-scale renewable energy projects in Central Tasmania.

Network Outages Cost Global Firms Millions Annually - Expereo 

KUALA LUMPUR, July 1 (Bernama) -- Global businesses are facing significant financial losses due to network instability, with 28 per cent reporting revenue declines of up to US$5 million and another 23 per cent exceeding that figure, according to the latest findings from an IDC InfoBrief commissioned by Expereo. (US$1=RM4.19)

Allianz Malaysia Supports Healthcare Reforms To Promote Affordability And Insurance Sustainability

KUALA LUMPUR, June 26 (Bernama) – Allianz Malaysia Bhd fully supports systemic reforms in the healthcare sector to address rising medical costs and ensure the long-term viability of the insurance industry for the benefit of customers.

Ringgit Rises Against US Dollar As Markets Digest Fed’s Tariff Caution

By Siti Noor Afera Abu

KUALA LUMPUR, June 26 (Bernama) -- The ringgit extended its gains against the US dollar on Thursday, buoyed by comments from US Federal Reserve (Fed) chair Jerome Powell highlighting uncertainty over the inflationary impact of tariffs.

Citaglobal, Kyrgyz Republic To Cooperate In Advancing Energy Projects

KUALA LUMPUR, June 25 (Bernama) -- Citaglobal Bhd today signed a memorandum of understanding (MoU) with the Energy Ministry of the Kyrgyz Republic to formalise their common intention to cooperate and commit to advancing energy projects in the republic, specifically in the construction of renewable energy facilities.

Malaysia Signs Economic Partnership Deal With Switzerland, Norway, Iceland And Liechtenstein

KUALA LUMPUR, June 23 (Bernama) -- Malaysia and the European Free Trade Association (EFTA) member states have signed an economic partnership agreement, opening a new chapter for Malaysia’s trade, investment and economic relations with Switzerland, Norway, Iceland and Liechtenstein.

Chorsu Bazaar: The Beating Heart Of Tashkent

From Siti Radziah Hamzah

TASHKENT, June 23 (Bernama) -- “Malaysia, Malaysia! Come here, I will give you a discount!” – such was the enthusiastic greeting echoing from nearly every tea, nuts and spice stall on the upper floor of Chorsu Bazaar, one of Tashkent’s most iconic and historic markets.

PM Anwar Calls For Core Human Values In Economic And Technological Pursuits

ISKANDAR PUTERI, June 19 (Bernama) -- Prime Minister Datuk Seri Anwar Ibrahim today called for economic growth to be firmly rooted in ethics, culture and humanity, even as the nation embraces rapid technological advancement.

Wide Agro Ventures, Japan’s Orec To Invest RM30 Mln In Perak Production Hub

KUALA LUMPUR, June 19 (Bernama) -- Wide Agro Ventures Sdn Bhd has partnered with Orec Co Ltd, a company headquartered in Fukuoka, Japan, to establish a new state-of-the-art production facility and distribution centre at Seri Iskandar Industrial Park, Perak with an initial investment of RM30 million.

JS-SEZ Key To Johor’s Rise As Regional Innovation And Investment Hub

ISKANDAR PUTERI, June 18 (Bernama) -- The Johor-Singapore Special Economic Zone (JS-SEZ) is emerging as a cornerstone of Johor’s transformation into a next-generation regional powerhouse, with the state offering a compelling value proposition to global investors in artificial intelligence (AI), data centres and high-value industries.