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Malaysia Remains Key Data Centre Hub Despite Global Concerns – MIDF

KUALA LUMPUR, Jan 31 (Bernama) – Malaysia remains a key data centre (DC) hub due to its strategic location, abundant resources, cost advantages, and established infrastructure with industry feedback suggesting no major disruptions to upcoming projects, according to MIDF Amanah Investment Bank Bhd.

Petronas Mulling Decommissioning Of Matured Assets, Including Sabah-Sarawak Gas Pipeline

KUALA LUMPUR, Jan 29 (Bernama) -- Petroliam Nasional Bhd (Petronas) is looking at decommissioning activities of matured assets in the country's upstream operations, including the Sabah-Sarawak Gas Pipeline (SSGP).

CPO Futures Extends Uptrend For Third Day On Weak Output

By Engku Shariful Azni Engku Ab Latif

KUALA LUMPUR, Jan 28 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives extended its uptrend to the third consecutive day on Tuesday, supported by the weaker palm oil production by Southern Peninsular mills during Jan 1-25, 2025 period, an analyst said.

Ringgit Ends Lower Against Greenback On US Tariff Concerns

By Abdul Hamid A Rahman

KUALA LUMPUR, Jan 28 (Bernama) -- The ringgit closed lower against the US dollar today, pressured by subdued global risk sentiment and ongoing developments in United States tariffs, said SPI Asset Management managing partner Stephen Innes.

BNM Imposes Penalties Totalling RM1.66 Mln On Four Financial Institutions

KUALA LUMPUR, Jan 28 (Bernama) -- Bank Negara Malaysia (BNM) has imposed administrative monetary penalties (AMP) totalling RM1.66 million on four financial institutions for non-compliance with the Financial Services Act 2013 (FSA) and/or Islamic Financial Services Act 2013 (IFSA).

SSM Launches Access To Beneficial Ownership information, Enhances Corporate Transparency

KUALA LUMPUR, Jan 28 (Bernama) -- The Companies Commission of Malaysia (SSM) has launched the facility for accessing information on companies’ beneficial owners to enhance transparency in corporate practices.

MIDF Maintains Positive Outlook On Oil And Gas Sector Despite Volatile Oil Prices

KUALA LUMPUR, Jan 28 (Bernama) -- MIDF Amanah Investment Bank Bhd has maintained its positive outlook on the oil and gas (O&G) sector despite the possibility of volatile crude oil prices due to overproduction.

KL Rubber Market Closes Lower Tracking Regional Futures Markets

By Engku Shariful Azni Engku Ab Latif

KUALA LUMPUR, Jan 27 (Bernama) -- The Kuala Lumpur rubber market ended lower on Monday, tracking trends in regional rubber futures markets as traders responded to weak Chinese economic data, a dealer said.

WEF25: Saudi Arabia Redefining Global Economic Strategies 

KUALA LUMPUR, Jan 27 (Bernama) -- Saudi Arabia's delegation to the World Economic Forum (WEF) Annual Meeting has unveiled its strategic approach for rewriting the economic playbook during several key sessions, emphasising the Kingdom’s progress under Vision 2030.

Malaysia Records 27.9 Mln Online Threats For 2024 - Kaspersky

KUALA LUMPUR, Jan 27 (Bernama) -- Global cybersecurity company Kaspersky detected and blocked 27.9 million web threats in Malaysia last year, up four per cent from 2023.

Cybercriminals Exploit CNY Surge With AI-powered Scams, Warns Fortinet

By Abdul Hamid A Rahman

KUALA LUMPUR, Jan 27 (Bernama) -- Chinese New Year (CNY), traditionally a season of giving, can also turn into a season of taking, as cybercriminals, aided by artificial intelligence (AI), target unsuspecting consumers and vulnerable businesses through sophisticated schemes designed to exploit the surge in digital transactions.

Malaysia's Office Market Rises With Premium Space, ESG Demand - Knight Frank

KUALA LUMPUR, Jan 27 (Bernama) -- Malaysia’s office space market is showing a promising trajectory, with global and local occupiers continuing to seek premium spaces that meet evolving workplace and sustainability standards, according to real estate consultancy firm Knight Frank Malaysia.