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Digital Twin, Smart Manufacturing Key To Strengthening Malaysia’s Industrial Ecosystem

KUALA LUMPUR, May 8 (Bernama) -- Digital twin technology and smart manufacturing are becoming increasingly important in strengthening Malaysia’s industrial ecosystem, according to the Malaysian Investment Development Authority (MIDA).

EarthDaily Secures US$1.2 Mln NRO Contract For Earth Observation Imagery

KUALA LUMPUR, May 8 (Bernama) -- EarthDaily Analytics (EarthDaily) has been selected by the United States (US) National Reconnaissance Office (NRO) to support the use of commercial multispectral Earth observation imagery under the Strategic Commercial Enhancements (SCE) Commercial Solutions Opening (CSO).

Malaysia’s Economy Remains Resilient Despite West Asia Risks, Says BNM Governor

By M. Saraswathi & Karina Imran

KUALA LUMPUR, May 8 (Bernama) -- Malaysia's economy remains resilient despite mounting risks from the ongoing West Asia conflict, supported by strong domestic demand, sustained investment activity and robust exports linked to the global technology and artificial intelligence (AI) upcycle.

Gamuda Climbs 0.52 Pct On 10th Taiwan Project Win

KUALA LUMPUR, May 8 (Bernama) -- Gamuda Bhd shares edged up 0.52 per cent this morning after the group announced it had secured a RM3.30 billion contract for the Kaohsiung Metropolitan Mass Rapid Transit (MRT) project in Taiwan.

BNM Seen Holding OPR Through 2026 Despite Rising Geopolitical Risks

KUALA LUMPUR, May 7 (Bernama) -- Bank Negara Malaysia’s (BNM) decision to maintain the Overnight Policy Rate (OPR) at 2.75 per cent today reinforced expectations that the central bank will likely hold the rate throughout 2026, although investment banks and research houses caution that prolonged geopolitical tensions and higher oil prices could still alter the inflation outlook.

Crossing Borders: Malaysian Startups Eye Bigger ASEAN Market

By Nik Nurfaqih Nik Wil

JAKARTA, May 7 (Bernama) -- For many Malaysian startups, expanding beyond domestic borders often comes with familiar challenges -- limited regional networks, unfamiliar regulations and difficulty accessing investors outside Malaysia.

Malaysia Not Selling Oil To ASEAN Members As It Still Imports 400,000 Barrels Daily -- Johari

From Niam Seet Wei

CEBU (Philippines), May 7 (Bernama) -- Malaysia does not sell oil to other ASEAN member states as the country is still importing about 400,000 barrels of crude oil per day, said Investment, Trade and Industry Minister Datuk Seri Johari Abdul Ghani.

ASEAN May Involve Private Sector In Oil Stockpiling Framework -- Johari Ghani

From Niam Seet Wei

CEBU (Philippines) May 7 (Bernama) -- ASEAN may consider bringing in the private sector to help realise the newly-mooted oil stockpiling framework aimed at strengthening the region’s long-term energy security and preparedness.

Malaysia Positions Carbon Market As Strategic Economic Pillar To Drive Trade Competitiveness - Arthur

KUALA LUMPUR, May 7 (Bernama) -- Malaysia is positioning the carbon market as a critical economic driver to bolster industrial competitiveness and meet its ambitious climate targets under the newly approved National Carbon Market Policy (DPKK).

Agro-Commodity Sector Faces Challenges In Attracting Youth -- Noraini

BANGI, May 7 (Bernama) -- The country's agribusiness sector is facing challenges in attracting the interest and participation of the younger generation in exploring opportunities in the industry, said Minister of Plantation and Commodities Datuk Seri Dr Noraini Ahmad.

MIDA Pushes Deeper Local Participation In Semiconductor Value Chains

KUALA LUMPUR, May 7 (Bernama) -- Malaysia must continue attracting strategic, high-quality investments while ensuring that local companies capture greater share of the value created by global investors operating in the country, said Malaysian Investment Development Authority (MIDA) chief executive officer Datuk Sikh Shamsul Ibrahim Sikh Abdul Majid.

PUNB Cuts Prosper Grow Financing Profit Rate To Support Entrepreneurs

KUALA LUMPUR, Aug 8 (Bernama) -- Perbadanan Usahawan Nasional Bhd (PUNB) has reduced the financing profit rate under its PROSPER GROW scheme to 3.5 per cent per annum from between 5.0 and 6.75 per cent previously to help Bumiputera entrepreneurs cope with rising operating costs.