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OCBC Revises Brent Forecast Higher, Expects Prices Around US$100 Through Mid-year

KUALA LUMPUR, March 17 (Bernama) -- OCBC Group Research has revised its Brent crude oil forecast higher, expecting prices to remain elevated at around US$100 per barrel through mid-year before easing towards US$70 per barrel by early 2027 amid ongoing supply disruptions.

Ringgit Closes Higher As Tension In Strait Of Hormuz Eases

By Danni Haizal Danial Donald

KUALA LUMPUR, March 17 (Bernama) -- The ringgit continued its upward momentum on Tuesday, closing higher against the US dollar as news of some ships being allowed safe passage through the Strait of Hormuz eased demand for safe haven assets and lifted regional currencies.

Gold Futures Close Firmer, Tracking US COMEX Gains

By Danni Haizal Danial Donald

KUALA LUMPUR, March 17 (Bernama) -- Gold futures on Bursa Malaysia Derivatives ended slightly higher on Tuesday, tracking gains in the US COMEX gold market.

Skild AI Expands Robotics Partnerships With NVIDIA, ABB, Teradyne

KUALA LUMPUR, March 17 (Bernama) -- Skild AI has announced expanded collaborations with NVIDIA, ABB Robotics and Teradyne Robotics’ Universal Robots (UR) and Mobile Industrial Robots (MiR) to deploy its artificial intelligence (AI)-powered robot brain across multiple industries.

Helical Fusion Announces Helix HARUKA Phase 1 Site

KUALA LUMPUR, March 17 (Bernama) -- Helical Fusion Co Ltd, a Japanese fusion energy company, has announced the construction site for Phase 1 of Helix HARUKA, its Integrated Demonstration Device.

CompAsia Targets RM400 Mln-500 Mln Main Market IPO In 1H 2027

By Niam Seet Wei

KUALA LUMPUR, March 17 (Bernama) -- Integrated refurbished technology leader CompAsia Sdn Bhd is set to launch its Main Market initial public offering (IPO) on Bursa Malaysia in the first half of 2027 (1H 2027), aiming to raise around RM400 million to RM500 million, with a valuation of about RM2 billion.

Intel's Packaging Complex, Assembly Manufacturing Operational This Year - PM Anwar

KUALA LUMPUR, March 17 (Bernama) -- Intel’s investment in Malaysia is set to expand, with its advanced packaging complex and assembly manufacturing expected to be operational later this year, said Prime Minister Datuk Seri Anwar Ibrahim.

Panasonic Explores Investment In Palm Biomass-based MDF In Malaysia

KUALA LUMPUR, March 17 (Bernama) – Manufacturer of housing equipment and construction material, Panasonic Housing Solutions Co Ltd, is exploring investment opportunities for its palm biomass-based panels product, medium-density fibreboard (MDF).

Ringgit Ends Higher Against US Dollar, Other Major Currencies Amid Stable Regional Sentiment

By Danni Haizal Danial Donald

KUALA LUMPUR, March 16 (Bernama) -- The ringgit ended higher against the US dollar and other major currencies at the close on Monday, as the market reflected stabilising regional and global risk sentiment, which pushed the greenback to marginal softness amid easing safe-haven demand. 

Gold Futures Close Softer Ahead Of Fed Meeting

By Danni Haizal Danial Donald

KUALA LUMPUR, March 16 (Bernama) -- Gold futures on Bursa Malaysia Derivatives ended lower on Monday as traders appeared to be cautious ahead that the United States Federal Reserve (Fed) may take a more hawkish stance at its meeting this week. 

OXMIQ Partners AM Intelligence Labs On India AI Compute Hub

KUALA LUMPUR, March 16 (Bernama) -- OXMIQ Labs (OXMIQ), a GPU architecture and artificial intelligence (AI) technology company, has announced a strategic technology partnership with AM Intelligence Labs to provide data centre and system infrastructure advisory.

Founders Connects Event Brings Startups, Investors Together In UAE

KUALA LUMPUR, March 16 (Bernama) -- A networking event in Dubai bringing together startup founders, investors and ecosystem partners highlighted the importance of structured peer-to-peer collaboration within the region’s startup ecosystem, with Dmitry Shubov, founder of Dmitry Shubov Consulting, among those in attendance.