Palm Oil Players Should Hedge, Diversify Downstream -- Economist

KUALA LUMPUR, June 24 (Bernama) -- Malaysian palm oil producers must intensify hedging efforts and expand downstream to mitigate the risk of sudden price volatility, said Bank Muamalat Malaysia Bhd chief economist Dr Mohd Afzanizam Abdul Rashid.

Crude Oil May Climb To US$85 Per Barrel On Geopolitical Risks, Says Analysts

KUALA LUMPUR, June 23 (Bernama) -- Crude oil prices are expected to rise towards US$85 per barrel in the near term, driven by supply-side risks stemming from recent geopolitical developments, according to CIMB Securities Sdn Bhd.

CCCC Reaffirms Long-term Commitment To Malaysia’s Infrastructure Growth

BEIJING (China), June 23 (Bernama) – China Communications Construction Company Ltd (CCCC) has reaffirmed its commitment to Malaysia, expressing its readiness to deepen its involvement in the country’s infrastructure development, which the company regards as key to long-term regional connectivity.

NIKE Names Michael Gonda As EVP, Chief Communications Officer Effective July 7

KUALA LUMPUR, June 4 (Bernama) -- NIKE Inc, the leading designer, marketer and distributor of authentic athletic footwear, apparel, equipment, and accessories, has appointed Michael Gonda as Executive Vice President (EVP) and Chief Communications Officer, effective July 7.

Malaysia Faces Sharp Rise In AI-Driven Cyber Threats, Fortinet Warns

KUALA LUMPUR, May 29 (Bernama) --  Malaysia is facing a sharp rise in artificial intelligence (AI)-driven cyber threats, with nearly 50 per cent of organisations reporting incidents involving AI-powered attacks, according to a survey commissioned by global cybersecurity firm Fortinet.

MATRADE Supports Efforts To Achieve RM13 Bln In Potential Trade And Investments At Osaka Expo

KUALA LUMPUR, May 29 (Bernama) -- The Malaysia External Trade Development Corporation (MATRADE) will be supporting the whole government approach in achieving RM13 billion in potential trade and investments at Expo 2025 Osaka, Japan.

JCorp Actively Redefining Johor’s Economic Architecture

By Mohd Khairi Idham Amran

JOHOR BAHRU, May 29 (Bernama) -- Johor Corporation (JCorp) is actively redefining Johor’s economic architecture beyond traditional sectors by shaping the next wave of industry platforms, from advanced manufacturing and food tech to digital infrastructure, circular economy systems and artificial intelligence (AI)-enabled agriculture.

Introduce New Legislation To Enable AI To Operate Independently - PM Anwar

KUALA LUMPUR, May 28 (Bernama) -- New legislation has to be introduced to enable artificial intelligence (AI) to operate independently, without having to subject itself to the laws of the country, said Prime Minister Datuk Seri Anwar Ibrahim.

TM Delivers RM1.5 Bln To Stakeholders, Accelerates Long-Term Growth

KUALA LUMPUR, May 28 (Bernama) -- Telekom Malaysia Bhd (TM) delivered approximately RM1.5 billion in value to stakeholders through dividends and socio-economic initiatives in the financial year 2024, reaffirming its commitment to long-term value creation and national development.

AmBank Group Posts Higher FY2025 Net Profit Of RM2 Bln

KUALA LUMPUR, May 26 (Bernama) -- AMMB Holdings Bhd (AmBank Group) posted a 7.1 per cent increase in net profit to RM2.0 billion for the financial year ended March 31, 2025 (FY2025), compared to RM1.87 billion a year ago.

Li Qiang At ASEAN-GCC-China Summit Boosts Regional Cooperation

By Siti Noor Afera Abu

KUALA LUMPUR, May 23 (Bernama) – Chinese Premier Li Qiang's presence at the inaugural ASEAN-Gulf Cooperation Council (GCC)-China Summit in Kuala Lumpur next week reflects China's strong commitment to regional cooperation.

Malaysia Has Capacity To Capture Rapidly Evolving Space Economy Industry -- MOSTI

By Zarul Effendi Razali

LANGKAWI, May 22 (Bernama) -- Malaysia has the capacity to capture the rapidly evolving space economy industry, with the country’s large local talent pool, ample resources, good infrastructure and technology.