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Rubber Market Likely To Trade Range-bound With Higher Bias Next Week

By Zufazlin Baharuddin

KUALA LUMPUR, Oct 19 (Bernama) -- The local rubber market is expected to trade range-bound with an upside bias next week, driven primarily by replenishment activities, according to industry expert Denis Low.

Budget 2025 Set To Increase Home Purchases – Juwai IQI

KUALA LUMPUR, Oct 19 (Bernama) -- Malaysia’s Budget 2025 focus on efficiency and investment, coupled with tax relief for first-time house buyers, is likely to increase home purchases, said the international real estate technology group, Juwai IQI.

Budget 2025 Accelerates Clean Energy Transition, Solarvest Keen On Kenyir Solar Farm

KUALA LUMPUR, Oct 19 (Bernama) -- Budget 2025 is a step towards accelerating Malaysia’s clean energy transition and the company is eager to participate in the Kenyir Floating Hybrid Solar Farm, said Solarvest Holdings Bhd.

H2O.ai Unveils Compact, Cost Efficient Multimodal Foundation Models for Document AI

KUALA LUMPUR, Oct 18 (Bernama) -- H2O.ai, the leader in open-source generative artificial intelligence (GenAI), announced H2OVL Mississippi 2B and 0.8B, two powerful new multimodal foundation models designed specifically for optical character recognition (OCR) and Document AI use cases.

Imminent Surge In US Power Demand Challenges Utilities Companies - Wood Mackenzie 

KUALA LUMPUR, Oct 18 (Bernama) -- Wood Mackenzie in its latest Horizons report revealed that the United States (US) power demand is set to soar for the first time in decades, with growth between four per cent and 15 per cent through 2029, depending on the region.

Malaysian Labour Market Projected To Remain Stable In 2025

KUALA LUMPUR, Oct 18 (Bernama) – The Malaysian labour market is projected to remain stable in 2025, boosted by better domestic and foreign economic growth prospects.

Global Economic Growth To Be Stable, Inflation Lower To 4.4 Pct In 2025

KUALA LUMPUR, Oct 18 (Bernama) -- The global economic outlook is expected to improve steadily next year, which will indirectly help boost trade and local demand for goods and services.

Budget 2025 Allocates RM421 Bln, 3.3 Pct increase From Last Year's Allocation

KUALA LUMPUR, Oct 18 (Bernama) – The government has allocated RM421 billion, or 20.2 per cent of the gross domestic product (GDP), for Budget 2025, a 3.3 per cent rise from RM407.5 billion in the revised Budget 2024.

Malaysia's Economy To Grow 4.5 -5.5 Pct In 2025 - MOF

KUALA LUMPUR, Oct 18 (Bernama) -- Malaysia's economy is projected to grow between 4.5 per cent and 5.5 per cent in 2025, against 4.8 per cent and 5.3 per cent in 2024, said the Ministry of Finance (MoF).   

RHB IB Keeps 'Neutral' Call On Transportation Sector

KUALA LUMPUR, Oct 18 (Bernama) -- RHB Investment Bank (RHB IB) maintained its “neutral” call on the transportation sector despite ocean freight capacity shortage anticipated to persist in the near term and air cargo is expecting a strong peak season driven by holiday demand.

MDEC Secures More Than RM360 Mln In Digital Export Opportunities At GITEX Global, ENS 2024

From Nurunnasihah Ahmad Rashid

 DUBAI, Oct 17 (Bernama) -- Malaysia Digital Economy Corporation’s (MDEC) participation in the Gulf Information Technology Exhibition (GITEX) Global and Expand North Star (ENS) 2024 in Dubai has yielded more than RM360 million in export opportunities, a remarkable 10 per cent surge from what was achieved at these events last year.

Batik Air To Fly To Timor-Leste By First Quarter Of 2025 -- Malaysian Envoy

By Vijian Paramasivam

PHNOM PENH, Oct 17 (Bernama) -- Batik Air will be the first Malaysian carrier to launch flight services between Timor-Leste’s capital Dili and Kuala Lumpur by the first quarter of next year.