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Malaysia Balances Data Centre Growth With Responsible Water, Energy Management -- Fadillah

KUALA LUMPUR, Nov 13 (Bernama) -- Malaysia is proactively managing high water usage by reviewing tariff structures for heavy industries and promoting recycled water and district cooling technologies, said Deputy Prime Minister Datuk Seri Fadillah Yusof. 

SC Seeks Feedback On Proposals Under The Market Segmentation Review

KUALA LUMPUR, Nov 12 (Bernama) -- The Securities Commission Malaysia (SC) has published a consultation paper, inviting feedback on various proposals to enhance value propositions of the public market.

Malaysia's Property Sector Set For Major Digital Transformation

KUALA LUMPUR, Nov 12 (Bernama) -- Malaysia's property sector is set for a major digital transformation as the government accelerates the rollout of trusted digital infrastructure to enhance transparency, compliance and resilience.

Bursa Malaysia, Stockbroking Industry Issue Cyber Resilience Enhancement Recommendation Paper

KUALA LUMPUR, Nov 11 (Bernama) -- Bursa Malaysia Bhd in collaboration with Malaysia’s stockbroking industry today announced a recommendation paper comprising a series of cyber resilience enhancements to strengthen the integrity of the stockbroking ecosystem.

ISDA Confirms Enforceability Of Close-Out Netting In Saudi Arabia 

KUALA LUMPUR, Nov 11 (Bernama) -- The International Swaps and Derivatives Association (ISDA) has published legal opinions recognising the enforceability of close-out netting in Saudi Arabia, providing global financial institutions with greater legal certainty when transacting in the Kingdom’s derivatives market.

RAC, MARIC Ink MoU To Strengthen Malaysia's Rail Industry Development

SEPANG, Nov 11 (Bernama) -- A newly forged collaboration between Railway Assets Corporation (RAC) and Malaysia Rail Industry Corporation (MARIC) is expected to serve as a catalyst for greater local participation in the rail value chain, reinforcing Malaysia’s vision to become a regional hub for rail technology and services.

MIDA: Central Region Industrial Cluster To Contribute RM24.5 Bln To Annual GDP

KUALA LUMPUR, Nov 11 (Bernama) -- The Central Region Industrial Cluster Development initiative is projected to contribute RM24.5 billion annually to the gross domestic product (GDP) of Selangor, Melaka, Negeri Sembilan, and the Federal Territories of Kuala Lumpur and Putrajaya, said the Malaysian Investment Development Authority (MIDA).

TOURISE-Oxford Economics White Paper Charts Road To 2 Billion Global Travellers By 2030

KUALA LUMPUR, Nov 11 (Bernama) -- TOURISE, in partnership with Oxford Economics, has unveiled a new white paper titled “Growth Amid Uncertainty: Opportunities and Risks on the Road to 2 Billion Global Travellers” at the inaugural TOURISE Summit.

Central Region Industrial Cluster Development Initiative To Strengthen Malaysia's Ecosystem -- Tengku Zafrul

KUALA LUMPUR, Nov 11 (Bernama) -- The central region industrial cluster development initiative is set to strengthen ecosystems by deepening supply chains, directly supporting local enterprises to scale, said Investment, Trade and Industry Minister Tengku Datuk Seri Zafrul Abdul Aziz.

Sarawak Non-LNG Gas Demand To Reach 500 mmscfd By Year-end -- Azalina

KUALA LUMPUR, Nov 10 (Bernama) -- Domestic natural gas demand in Sarawak for the non-liquefied natural gas (LNG) market is projected to rise to 500 million standard cubic feet per day (mmscfd) by year-end.

BNM Governor: Structural Reforms On Track; Social Protection, Labour Market Needs Boost - Report

KUALA LUMPUR, Nov 10 (Bernama) -- Malaysia is progressing at a reasonable pace in implementing strategic and structural reforms to achieve the nation's aspiration of becoming a high-income and developed nation, said Bank Negara Malaysia governor Datuk Seri Abdul Rasheed Ghaffour.

Malaysian Banking Sector Accelerates AI Adoption For Smarter, Ethical Compliance

KUALA LUMPUR, Nov 10 (Bernama) -- Malaysia’s banking industry is accelerating the use of artificial intelligence (AI) to strengthen compliance, risk management and fraud detection.