Malaysia GDP Seen At 4.8 Pct In 2026 If West Asia War Ends By June -- Affin Bank

KUALA LUMPUR, May 12 (Bernama) -- Malaysia’s gross domestic product (GDP) is projected to expand 4.8 per cent in 2026, provided the West Asia conflict ends by June, underpinned by stable domestic demand, improving investment activity and ongoing economic reforms, Affin Bank Bhd said.

Late Selling Pushes Bursa Malaysia Into Negative Territory At Close

By Siti Noor Afera Abu

KUALA LUMPUR, May 11 (Bernama) -- Late selling pressure dragged Bursa Malaysia into negative territory at the close, reversing earlier gains as profit-taking in heavyweight banking and transportation counters dampen overall market sentiment.

Quantum Motion Raises US$160 Mln To Advance Silicon-Based Quantum Computing 

KUALA LUMPUR, May 11 (Bernama) -- Quantum Motion announced a US$160 million Series C funding round to commercialise its silicon transistor-based quantum computing technology designed for scalable and energy-efficient deployment. (US$1 = RM3.91)

Abaxx Teams Up With Alta On Collateral Initiative

KUALA LUMPUR, May 11 (Bernama) -- Abaxx Technologies Inc (Abaxx) has entered a commercial engagement with Alta Alternative Investments Pte Ltd (Alta) to advance the use of money market fund shares as T+0 collateral for margin at Abaxx Clearing, moving Digital Title toward its first commercial implementation.

Bursa Malaysia To Trade Range-bound Next Week

KUALA LUMPUR, May 9 (Bernama) -- Bursa Malaysia is expected to trade in range-bound mode next week after the benchmark index, FBM KLCI, successfully breached above the 1,750 level, supported by improving global risk appetite and Wall Street’s repeated record highs, said an analyst. 

Hume Cement's 3Q Net Profit Up On Gains From Disposal Of Subsidiary

KUALA LUMPUR, May 8 (Bernama) -- Hume Cement Industries Bhd’s net profit jumped to RM243.75 million in the third quarter ended March 31, 2026 (3Q 2026), from RM40.64 million in 3Q 2025, primarily due to a one-off gain on the disposal of a subsidiary during the quarter.

TACTICA AI Introduces Decision-Support Platform With TII Technology

KUALA LUMPUR, May 8 (Bernama) -- TACTICA AI, an Abu Dhabi-based start-up built on deep technology developed by the Technology Innovation Institute (TII), has introduced its multi-domain decision-support platform at the Make it in the Emirates 2026 event.

Bursa Malaysia Snaps Five-day Winning Streak On Profit-taking

KUALA LUMPUR, May 8 (Bernama) -- Bursa Malaysia snapped a five-day rally to close lower on Friday on profit-taking and in line with weaker global markets as renewed military developments between the United States and Iran hurt risk appetite, said an analyst. 

KJTS’ Lestari Cooling Energy Activates Platform, Invests RM23 Mln Across Eight KIPMall Sites

KUALA LUMPUR, May 8 (Bernama) -- KJTS Group Bhd’s joint venture, Lestari Cooling Energy Sdn Bhd, has activated its operating platform with its first investment in operating assets owned by KIP Real Estate Investment Trust (KIP REIT).

Malaysia Aims To Build Advanced Semiconductor Packaging In Two Years

BATU KAWAN, May 8 (Bernama) -- Malaysia aims to develop domestic capability in advanced semiconductor packaging within two years through the establishment of the Malaysia Advanced Packaging Consortium (MAPC).

ClearDox Rebrands, Launches AI Trade Platform

KUALA LUMPUR, May 8 (Bernama) -- ClearDox unveiled ClearOpx, a new brand identity marking the evolution of its product offering, alongside the launch of the ClearOpx OTRM Platform—designed to automate operational workflows across the trade lifecycle.

Cloudera Unveils Zero Copy Data Connector For ServiceNow AI Workflows

KUALA LUMPUR, May 8 (Bernama) -- Cloudera introduced a Workflow Data Fabric Zero Copy Connector for ServiceNow, aimed at enabling enterprises to connect hybrid data environments with artificial intelligence (AI)-driven workflows without duplicating data.