LATEST NEWS   SME Bank facilitated about RM3.6 bln in approved financing for FY2024 | Malaysia's construction work done value reached RM158.8 bln last year, registering a double-digit growth of 20.2 pct -- DOSM | Crude palm oil production for January 2025 slid by 16.8 pct to 1.24 mln tonnes from 1.49 mln tonnes in December 2024 -- MPOB | Malaysia’s palm oil exports in January 2025 slip 12.94 pct to 1.17 mln tonnes from 1.34 mln tonnes in December 2024 - MPOB | Malaysia’s unemployment rate in December 2024 hits a 116-month low at 3.1 per cent - DoSM | 

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LuMIC: A 25-year Vision To Boost Perak’s Economy, Strengthen Malaysia’s Port Sector

LUMUT, Feb 10 (Bernama) -- The Lumut Maritime Industrial City (LuMIC), designed for development over 25 years, is seen not only as a catalyst for the long-term economic growth of Perak but also as a complement to the country’s port sector.

Cooperation Between Community And Govt Agencies Key to Ensure Programmes Achieve Objectives - Amir Hamzah

PUCHONG, Feb 8 (Bernama) -- Comprehensive and proactive cooperation and involvement between the local community and the agencies involved are crucial to ensuring that every government programme has a positive impact on the people. 

SSF, Rumah Ibu Ink MoU For Affordable Housing Initiative In Perak

KUALA LUMPUR, Feb 7 (Bernama) -- Homegrown furniture and home living retailer SSF Home Group Bhd (SSF) has signed a memorandum of understanding (MoU) with Rumah Ibu Sdn Bhd to collaborate on the Rumah Ibu Scheme, an affordable homeownership initiative in Perak.

AI To Transform Auditing With Real-Time Insights, Future Risk Predictions

By Nurul Hanis Izmir

CYBERJAYA, Feb 7 (Bernama) -- The future of auditing is set for a transformative shift with the integration of artificial intelligence (AI), enabling real-time risk assessments and predictive insights that go beyond traditional methods, said co-founder of Audrey South Africa, Claude Chetty.

Salience Labs Raises US$30 Mln In Series A To Advance Optical Switches For AI Data Centres

KUALA LUMPUR, Feb 7 (Bernama) -- Salience Labs Limited, a leader in photonic solutions for artificial intelligence (AI) data centre infrastructure, has secured US$30 million in Series A funding. (US$1=RM4.42)

Labuan’s USO Continues Expansion With Seventh Office Facility At Mid Valley

By Jailani Hasan

LABUAN, Feb 7 (Bernama) -- Universal Serviced Offices (USO), a Labuan-based serviced office provider, has announced its latest expansion with a new facility in Mid Valley, Kuala Lumpur. 

Proton Begins Construction Of RM82 Mln EV Plant In Tanjung Malim

TANJUNG MALIM, Feb 7 (Bernama) -- Proton Holdings Bhd has begun constructing a new electric vehicle (EV) manufacturing plant at its high-tech facility here today.

IHH Healthcare Shares Rise After Seeking Compensation From Daiichi Sankyo Over Fortis Deal

KUALA LUMPUR, Feb 7 (Bernama) -- IHH Healthcare Bhd’s share price on Bursa Malaysia edged higher in early trading after its unit Northern TK Venture Pte Ltd (NTK) sought compensation from Japan’s Daiichi Sankyo Company Ltd for its stake acquisition in India’s Fortis Healthcare.

Malaysia Committed To Export Controls, Denies AI Chip Smuggling Claims To China

By Nurunnasihah Ahmad Rashid

KUALA LUMPUR, Feb 7 (Bernama) – The Malaysian government takes seriously the allegation that the country is being used as a transit point for smuggling Nvidia artificial intelligence (AI) chips to China and is committed to complying with multilateral international export control regulations.

BIMB Holdings Partners RELDYN To Advance Shariah-compliant Digital Finance

KUALA LUMPUR, Feb 6 (Bernama) -- Bank Islam Malaysia Bhd’s wholly owned subsidiary, BIMB Holdings Sdn Bhd, has partnered with RELDYN Tech Sdn Bhd to advance the Shariah-compliant digital finance landscape.

INSKEN Aims To Train 25,000 Entrepreneurs, Focus On B40 Group

PASIR SALAK, Feb 6 (Bernama) -- The National Institute of Entrepreneurship (INSKEN) aims to train 25,000 entrepreneurs this year after successfully training 13,000 of them nationwide last year.

Zenas BioPharma Targets Key 2025 Milestones For Obexelimab In Autoimmune Diseases

KUALA LUMPUR, Feb 6 (Bernama) -- Zenas BioPharma Inc (Zenas), a clinical-stage global biopharmaceutical company, has outlined its significant achievements in 2024 and set key business objectives for 2025.