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Malaysia Attracts US$759 Mln Investments In AI, Supporting Over 60 Start-ups

KUALA LUMPUR, Nov 25 (Bernama) -- Artificial intelligence (AI) has become a bright spot for Malaysia, attracting US$759 million in funding, supporting more than 60 local AI start-up companies from the second half of 2024 (2H 2024) to the first half of 2025, according to the 10th edition e-Conomy SEA Report 2025 by Google, Temasek and Bain & Company.

Penang Targets 47 Pct Cruise Passenger Growth In 2026 -- PPC Chairman

GEORGE TOWN, Nov 25 (Bernama) -- Penang is steering towards robust expansion in its cruise tourism sector, with passenger numbers projected to rise by 47 per cent in 2026, driven by expanded homeporting, strengthened regional itineraries and intensified destination marketing.

Yinson On The Lookout For More Opportunities In Africa

From Saraswathi Muniappan

NAIROBI, Nov 24 (Bernama) — Yinson Holdings Bhd is looking for more business opportunities in Africa, after having operated in the region for more than three decades, said its chief executive officer Lim Chern Yuan.

Malaysia-Guangxi Bilateral Trade 26 Pct Higher To Over US$2.05 Bln In 2024

KUALA LUMPUR, Nov 24 (Bernama) -- The bilateral import and export trade between Malaysia and Guangxi, an autonomous region in southern China, has increase by 26 per cent to over US$2.05 billion (US$1=RM4.1370) last year, according to the Department of Industry and Information Technology of Zhuang Autonomous Region.

S&P Raises 2026 GDP Forecast For Asia-Pacific To 4.3 Pct, For Malaysia To 4.5 Pct

KUALA LUMPUR, Nov 24 (Bernama) -- S&P Global Ratings has lifted its 2026 gross domestic product (GDP) growth forecast for Asia-Pacific to 4.3 per cent from 4.0 per cent, with the Malaysian economy now projected to grow at a faster pace of 4.5 per cent.

ECRL Project Hits 89 Pct Completion As Of October 2025 -- MRL CEO

KUALA LUMPUR, Nov 24 (Bernama) -- The East Coast Rail Link (ECRL) project has recorded an overall progress of 89 per cent as of October 2025, according to Malaysia Rail Link Sdn Bhd (MRL) chief executive officer Datuk Seri Darwis Abdul Razak.

Selangor Approves 948 Manufacturing And Services Investment Projects Worth RM34.65 Bln - EXCO

SHAH ALAM, Nov 24 (Bernama) -- A total of 948 investment projects in the services and manufacturing sectors, with a combined investment value of RM34.65 billion, were approved by the Selangor government from January to June 2025.

Falcon Executive Aviation Unveils Dubai’s First Integrated Private Jet, Helicopter And eVTOL Terminal

KUALA LUMPUR, Nov 24 (Bernama) -- Falcon Executive Aviation, part of Alex Group Investment, announced at the Dubai Airshow the development of a fully private, multi-modal Fixed-Base Operator (FBO) terminal designed to become Dubai’s primary hub for helicopter services and future electric Vertical Take-Off and Landing (eVTOL) operations.

Premier Abang Johari Unveils RM12.9 Bln Sarawak Budget For 2026

KUCHING, Nov 24 (Bernama) -- Sarawak Premier Tan Sri Abang Johari Tun Openg today unveiled a RM12.9 billion Budget for 2026, comprising RM7.3 billion for development expenditure and RM5.6 billion for operating expenditure.

S&P Raises 2026 GDP Forecast For Asia-Pacific To 4.3 Pct, For Malaysia To 4.5 Pct

KUALA LUMPUR, Nov 24 (Bernama) -- S&P Global Ratings has lifted its 2026 gross domestic product (GDP) growth forecast for Asia-Pacific to 4.3 per cent from 4.0 per cent, with the Malaysian economy now projected to grow at a faster pace of 4.5 per cent.

Apex Securities Sees Inflation At Two Pct Next Year

KUALA LUMPUR, Nov 24 (Bernama) -- Apex Securities Bhd has maintained its projection for inflation to rise modestly to two per cent in 2026, the upper end of the official forecast range of 1.3-2.0 per cent.

Malaysia Eyes Larger Share Of South Korea’s Halal Food Market

SEOUL, Nov 24 (Bernama) -- Malaysia’s halal products are poised to gain a stronger foothold in South Korea’s fast-growing convenience and premium food sector, driven by rising demand for halal, organic and sustainably sourced goods.