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Malaysia Well-positioned For AI Infrastructure Growth - Schneider Electric

TAIPEI, June 3 (Bernama) -- Schneider Electric is confident in Malaysia's ability to support the growth of artificial intelligence (AI) infrastructure, given the country's strong semiconductor ecosystem, expanding data centre industry and growing appeal among global technology investors.

Blackstone Closes Largest Asia Private Equity Fund At US$13.1 Bln

KUALA LUMPUR, June 3 (Bernama) -- Blackstone, an alternative asset manager, has announced the final close of Blackstone Capital Partners Asia III (BCP Asia III) at US$13.1 billion, exceeding its US$10 billion target and marking the firm's largest private equity fundraise in Asia. (US$1=RM3.96)

Expereo Report: Firms Rush Into AI Investment Amid ROI Concerns

KUALA LUMPUR, June 3 (Bernama) -- Expereo, a managed Network as a Service provider, stated that enterprise artificial intelligence (AI) spending is rising rapidly as organisations race to deploy the technology faster than they can assess its effectiveness.

Bering Lab Joins AI Accelerate Winter Cohort 2026 To Expand In Southeast Asia

KUALA LUMPUR, June 3 (Bernama) -- Bering Lab has been selected for the AI Accelerate Winter Cohort 2026, a 10-week growth programme run by BLOCK71 Singapore and Microsoft with support from Enterprise Singapore through Digital Industry Singapore (DISG).

Orano Canada, Cameco To Acquire TEPCO Stake In Cigar Lake JV

KUALA LUMPUR, June 3 (Bernama) -- Orano Canada Inc (Orano Canada) and Cameco Corporation (Cameco) have reached an agreement to jointly acquire TEPCO Resources Inc (TEPCO) five per cent ownership in the Cigar Lake Joint Venture (JV) in a transaction that will increase both companies’ stakes in the uranium mining project.

CCUS Requires Whole-of-Nation Approach, Regional Collaboration To Scale Up Deployment

By Muhammad Fawwaz Thaqif Nor Afandi

KUALA LUMPUR, June 3 (Bernama) -- The climate mitigation technology process through the Carbon Capture, Utilisation and Storage (CCUS) deployment in Malaysia requires a whole-of-nation approach involving government agencies, industry players, researchers and financiers, while at the ASEAN level, it needs stronger regional collaboration to accelerate its adoption.

Fortegra Joins DB Insurance To Expand Global Market Presence

KUALA LUMPUR, June 3 (Bernama) -- The Fortegra Group Inc (Fortegra), a global speciality insurance company, has completed its acquisition by South Korea's DB Insurance Co Ltd (DB), a leading property and casualty insurer.

LSS6 Solar Tender Set To Open This Year -- Fadillah

KUALA LUMPUR, June 3 (Bernama) -- Tender submissions for the Large-Scale Solar 6 (LSS6) programme are expected to open this year, Deputy Prime Minister Datuk Seri Fadillah Yusof said.

Malaysia Must Build Cleaner, Smarter, Interconnected And Future-Ready Energy Ecosystem -- Mohd Shahar

By Engku Shariful Azni Engku Ab Latif

KUALA LUMPUR, June 3 (Bernama) -- Malaysia must focus on building an energy ecosystem that is cleaner, smarter, more interconnected and future-ready under the 13th Malaysia Plan (MP13), said Deputy Economy Minister Datuk Mohd Shahar Abdullah.

AM Best Maintains Stable Outlook On Philippines Non-Life Insurance Segment

KUALA LUMPUR, June 3 (Bernama) -- Global credit rating agency, AM Best has maintained a stable outlook on the Philippines’ non-life insurance segment, citing robust growth prospects driven by economic expansion and a pipeline of large domestic infrastructure projects.

Malaysia’s Kopitiam Culture Could Be Next Global Export Story

KUALA LUMPUR, June 3 (Bernama) -- Malaysia’s kopitiam concept could potentially emerge as an exportable identity capable of strengthening tourism branding, food entrepreneurship and cultural influence abroad, according to culinary veteran Chef Rossham Rosli, who has spent 33 years in the industry.

IILM’s Largest Sukuk Auction Draws Bids Totalling US$2.925 Bln

KUALA LUMPUR, June 3 (Bernama) – The International Islamic Liquidity Management Corporation (IILM) has completed a US$1.495 billion issuance and reissuance of short-term sukuk, marking the largest single auction since its inception.