Agreement On Reciprocal Trade Does Not Override Malaysian Laws - MITI

KUALA LUMPUR, Jan 21 (Bernama) — The Investment, Trade and Industry Ministry (MITI) has emphasised that there is no clause in the Agreement on Reciprocal Trade (ART) that allows external parties to override Malaysia’s laws or domestic regulations.

AWS Unveils European Sovereign Cloud To Meet Data Residency Needs

KUALA LUMPUR, Jan 15 (Bernama) -- Amazon Web Services (AWS) announced the general availability of the AWS European Sovereign Cloud, a fully independent cloud located entirely within the European Union (EU), designed to provide governments and enterprises with sovereign control over sensitive data.

TII Next-Generation AI Model Outperforms Larger Rivals 

KUALA LUMPUR, Jan 6 (Bernama) -- The Technology Innovation Institute (TII) has released the Falcon H1R 7B, a next-generation artificial intelligence (AI) model designed to make advanced reasoning AI more accessible through a compact, efficient, and openly available format.

BNM Reappoints One MPC External Member, Three Shariah Advisory Council Members

KUALA LUMPUR, Dec 31 (Bernama) -- Bank Negara Malaysia announced the reappointment of Nor Zahidi Alias as an external member of the Monetary Policy Committee (MPC) for a three-year term, effective Jan 1, 2026.

Gold Holds Value, Serves As Household Economic Shield

By Nurunnasihah Ahmad Rashid

KUALA LUMPUR, Dec 25 (Bernama) -- For most Malaysian households, surging global gold prices are more than a tale of market speculation. They act as a financial safeguard, as the value of jewellery and accumulated gold holdings rises, easing household pressures and strengthening family resilience amid the rising cost of living.

Mavenir Unveils Leadership, Refreshed AI-Native Network Strategy

KUALA LUMPUR, Dec 9 (Bernama) -- Mavenir has announced a strengthened senior leadership team and a new operating structure as the company accelerates its shift toward telco-first, cloud-native, artificial intelligence (AI)-by-design networks following its recent recapitalisation.

Sarawak Wants To Be Involved In The SALAM Project

KUCHING, Dec 1 (Bernama) -- Sarawak's Minister of Utility and Telecommunication Datuk Seri Julaihi Narawi hopes the federal government can provide space for the state’s telecommunications companies to be involved in the implementation of the MADANI Submarine Cable Connection (SALAM) project.

Sarawak Timber, Media Tycoon Tiong Hiew King Passes Away

KUALA LUMPUR, Nov 11 (Bernama) -- Sarawak timber and media tycoon Tan Sri Tiong Hiew King passed away today at the age of 90.

Klook Files For US IPO, Seeks NYSE Listing

UALA LUMPUR, Nov 11 (Bernama) -- Klook Technology Limited (Klook), the largest pan-regional experiences platform in Asia-Pacific (APAC), has filed for an initial public offering (IPO) in the United States (US).

Boyd To Sell Thermal Business To Eaton For US$9.5 Bln 

KUALA LUMPUR, Nov 4 (Bernama) -- Boyd Corporation (Boyd), a global innovator in engineered materials and thermal solutions, has signed a definitive agreement to sell its Thermal business to intelligent power management company Eaton for US$9.5 billion. (US$1=RM4.19)

Bending Spoons Raises US$710 Mln In Fresh Funding

KUALA LUMPUR, Nov 3 (Bernama) -- Bending Spoons, one of Europe’s leading technology companies, has raised US$710 million in equity at a pre-money valuation of US$11 billion. (US$1=RM4.17)

Bending Spoons To Acquire AOL From Yahoo, Expanding Its Digital Empire

KUALA LUMPUR, Oct 31 (Bernama) -- Technology company Bending Spoons has signed a definitive agreement to acquire AOL from Yahoo, marking another bold move in its rapid expansion into the digital services space.