UPM-NXP Collaboration To Boost Malaysia’s Competitiveness In Global Semiconductor Market

SERDANG, Oct 3 (Bernama) -- Universiti Putra Malaysia (UPM) and semiconductor giant NXP Malaysia have entered a strategic partnership to boost the growth of Malaysia’s semiconductor and electronics industry. 

Malaysia Set To Meet 4.3 Pct Fiscal Deficit Target In 2024 -- OCBC

KUALA LUMPUR, Oct 3 (Bernama) -- OCBC Global Market Research sees Malaysia meeting its fiscal deficit target of 4.3 per cent of gross domestic product (GDP) this year and expects the government to target an even narrower deficit of between 3.5 and 3.8 per cent in 2025.

Sunway Shares Up On Plan To Acquire Cheras Land For RM320 Mln

KUALA LUMPUR, Oct 3 (Bernama) -- Sunway Bhd shares on Bursa Malaysia went up in the early session today after it announced plans to buy a 7.11-hectare (ha) prime land in Cheras for RM320 million, earmarking it for mixed-use development.

Fiscal Deficit Projected To Fall To 3.8 Pct Of GDP In 2025 -- CIMB Securities

KUALA LUMPUR, Oct 3 (Bernama) -- CIMB Securities Sdn Bhd is projecting the fiscal deficit to narrow to 3.8 per cent of gross domestic product (GDP) in 2025 from an estimated 4.3 per cent this year, with the growth in government revenue expected to outpace operating expenditure (opex).

Oracle's Investment Set To Propel Malaysia's Digital Economy And Innovation

KUALA LUMPUR, Oct 2 (Bernama) -- Oracle's investment in Malaysia's artificial intelligence (AI) and cloud computing sectors is set to catalyse substantial growth within the country's digital economy, enhancing technological innovation and economic competitiveness.

Petronas Job Set To Add Up To RM120 Mln To MISC's Core Net Profit - CIMB Securities

KUALA LUMPUR, Oct 2 (Bernama) -- CIMB Securities Sdn Bhd expects the latest MISC Bhd’s liquefied natural gas (LNG) carriers construction contracts from Petronas to contribute RM47 million - RM120 million to its core net profit from the financial year 2027 (FY2027).

Crown Bioscience Bolsters Singapore Facility With Advanced Oncology Models, Imaging Capabilities

KUALA LUMPUR, Oct 2 (Bernama) -- Crown Bioscience, a global contract research organisation (CRO) has announced an expansion of its facility in Singapore with new oncology research models and state-of-the-art imaging technologies.

Malaysia's Medtech Sector Poised For High-value Growth

KUALA LUMPUR, Oct 2 (Bernama) -- Malaysia’s medical technology (medtech) industry has witnessed impressive growth, reaffirming the country’s position as a key player in the global medtech landscape, said the Malaysian Investment Development Authority’s (MIDA) and Association of Malaysian Medical Industries (AMMI).

RHB IB: Data Centres A Catalyst For Malaysia’s Economic Growth

KUALA LUMPUR, Oct 2 (Bernama) -- Data centre (DC) investments are a catalytic enabler for raising Malaysia’s economic complexity and advancing its position on the technology ladder, said RHB Investment Bank Bhd (RHB IB).

Bursa Malaysia Closes Higher On Bargain Hunting, CI Up 0.45 Pct

By Zarul Effendi Razali

KUALA LUMPUR, Oct 1 (Bernama) -- Bursa Malaysia rebounded from yesterday’s losses to close higher today, buoyed by bargain hunting after three consecutive days of sell-off, an analyst said.

MIDF Research Expects Malaysia's Positive Economic Growth Momentum To Sustain

KUALA LUMPUR, Oct 1 (Bernama) -- Malaysia's positive economic momentum is expected to be sustained in the coming months as the Leading Index (LI) grew at 5.2 per cent year-on-year (y-o-y) in July 2024. 

UMC, Ngee Ann Polytechnic Team Up To Amplify Semiconductor Talent Pipeline

KUALA LUMPUR, Oct 1 (Bernama) -- United Microelectronics Corporation (UMC), a global semiconductor foundry, has signed a memorandum of understanding (MoU) with Ngee Ann Polytechnic (NP) to enhance training for engineering talents and expand the workforce for the growing semiconductor industry.