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Horizon Quantum To Locate Second Quantum Computer In Dublin

KUALA LUMPUR, June 12 (Bernama) -- Horizon Quantum Holdings Ltd (Horizon Quantum), a pioneer of software infrastructure for quantum applications, announced plans to locate its second quantum computer in Dublin, Ireland.

Galatek Opens Penang Facility, Commits To US$100 Mln Investment Within 5 Years

BUTTERWORTH, June 12 (Bernama) -- Galatek Technologies (Galatek) has opened its manufacturing, assembly and delivery facility in Penang, further strengthening Malaysia’s position as a strategic hub for advanced manufacturing and semiconductor industry development.

GWM Malaysia Confident Of Sustaining Double-Digit Growth Momentum By End-2026

By Fatin Umairah Abdul Hamid

​​​​​KUALA LUMPUR, June 12 (Bernama) -- GWM Malaysia is targeting double-digit growth by the end of 2026, building on its strong performance last year, when sales surged 177 per cent to nearly 5,900 units from 2,128 units in 2024.

IPI Up 8.2 Pct In April 2026, Bolstered By Broad-based Growth - DOSM

KUALA LUMPUR, June 12 (Bernama) -- The Industrial Production Index (IPI) expanded by 8.2 per cent year-on-year (y-o-y) in April 2026, marking the highest growth registered since September 2022, bolstered by the expansion across all sectors, according to the Department of Statistics Malaysia (DOSM). 

Global Tech Giants Agibot And Huawei Enter Johor

KULAI, June 12 (Bernama) -- Johor has officially positioned itself as a premier regional force in high-tech investment, securing partnerships with global technology titans, including Huawei and Agibot, to anchor the landmark RM80 billion Johor Tech Smart City project.

Malaysia’s April Manufacturing Sales Rise 9.1 Pct On Strong E&E Growth - DOSM

KUALA LUMPUR, June 12 (Bernama) -- Malaysia's manufacturing sales value rose 9.1 per cent year-on-year (y-o-y) to RM175.0 billion in April 2026, according to the Department of Statistics Malaysia (DOSM). 

Bursa Malaysia Stays Higher At Midday On Improved Risk Appetite

KUALA LUMPUR, June 12 (Bernama) -- Bursa Malaysia ended the morning session in positive territory as investors' risk appetite improved following the strong overnight rebound on Wall Street.

AM Best Rates Excellent Credit Ratings For Hong Kong’s SAIC Captive

KUALA LUMPUR, June 12 (Bernama) -- Global credit rating agency, AM Best has assigned a financial strength rating of A- (Excellent) and a long-term issuer credit rating of “a-” (Excellent) to Hong Kong’s SAIC Motor Insurance Limited (SAIC Captive).

Brent Oil Prices Trend Below US$90 Per Barrel On Friday's Open

KUALA LUMPUR, June 12 (Bernama) -- Brent oil prices closed at US$90.4 per barrel (bbl) and trended below the US$90.0/bbl threshold on Friday’s open on renewed optimism over a potential Iran deal (US$1=RM4.05). 

Bursa Malaysia Gains In Early Trade On Improved Risk Appetite

KUALA LUMPUR, June 12 (Bernama) -- Bursa Malaysia opened higher on Friday, taking cues from Wall Street, which staged a sharp rally led by technology stocks after United States (US) President Donald Trump made positive remarks regarding the prospects for a deal in West Asia.

Weststar Maxus, Yinson Greentech Ink Deal For 300 Electric Commercial Vans

KUALA LUMPUR, June 11 (Bernama) -- Weststar Maxus Sdn Bhd and Yinson GreenTech’s e-mobility business, drivEV, today signed a strategic agreement for the procurement of 300 units of the Maxus eDeliver 5 electric commercial van.

Ringgit Opens Higher Against Greenback, Most Regional Peers

KUALA LUMPUR, June 12 (Bernama) -- The ringgit opened higher against the US dollar and was mostly firmer against regional peers on Friday amid easing geopolitical tensions in West Asia, which lifted sentiment towards the local note.