Malaysia Must Fully Leverage Its Strong Aerospace Ecosystem – MITI

KUALA LUMPUR, Feb 13 (Bernama) -- Malaysia should capitalise its strong aerospace ecosystem and must maximise its potential to drive industry growth, said Investment, Trade, and Industry (MITI) deputy secretary-general (Industry), Datuk Hanafi Sakri.

MIDA, BEYOND4 Forge Partnership To Support High-growth SMEs

KUALA LUMPUR, Feb 12 (Bernama) -- The Malaysian Investment Development Authority (MIDA) and BEYOND4 Sdn Bhd have inked a memorandum of understanding (MoU) to support high-growth small and medium enterprises (SMEs).

LuMIC: A 25-year Vision To Boost Perak’s Economy, Strengthen Malaysia’s Port Sector

LUMUT, Feb 10 (Bernama) -- The Lumut Maritime Industrial City (LuMIC), designed for development over 25 years, is seen not only as a catalyst for the long-term economic growth of Perak but also as a complement to the country’s port sector.

Rightsizing Efforts Aimed At Ensuring Petronas Can Contribute Continuously To Nation-Building

KUALA LUMPUR, Feb 7 (Bernama) -- Petronas’ rightsizing efforts are to ensure that the national oil company can continuously contribute to nation-building, its president and chief executive officer Tengku Tan Sri Muhammad Taufik said today. 

Malaysia Committed To Export Controls, Denies AI Chip Smuggling Claims To China

By Nurunnasihah Ahmad Rashid

KUALA LUMPUR, Feb 7 (Bernama) – The Malaysian government takes seriously the allegation that the country is being used as a transit point for smuggling Nvidia artificial intelligence (AI) chips to China and is committed to complying with multilateral international export control regulations.

BIMB Holdings Partners RELDYN To Advance Shariah-compliant Digital Finance

KUALA LUMPUR, Feb 6 (Bernama) -- Bank Islam Malaysia Bhd’s wholly owned subsidiary, BIMB Holdings Sdn Bhd, has partnered with RELDYN Tech Sdn Bhd to advance the Shariah-compliant digital finance landscape.

Diverse AI Technologies Like DeepSeek Reduces Malaysia's Reliance On A Single Product -- Tengku Zafrul

KUALA LUMPUR, Feb 6 (Bernama) -- The rise of different types of artificial intelligence (AI) technologies such as DeepSeek can reduce Malaysia's reliance on a single product, said Investment, Trade and Industry Minister Tengku Datuk Seri Zafrul Abdul Aziz.

PKNPk, Gamuda In Pact To Address Critical Water Shortages In Northern Perak

KUALA LUMPUR, Feb 5 (Bernama) -- Perbadanan Kemajuan Negeri Perak (PKNPk) and Gamuda Bhd have signed an exclusive arrangement with the intent to develop an infrastructure to address critical water shortages in Northern Perak.

Lower EPF Contribution For Foreign Workers Reduces Overall Wage Expenditure

By Nurunnasihah Ahmad Rashid

KUALA LUMPUR, Feb 5 (Bernama) -- The government’s decision to set the Employees Provident Fund (EPF) contribution rate for foreign workers at two per cent — lower than the initially proposed 12 per cent — helps employers reduce overall wage expenditure.

Uni-Fuels Secures Additional US$1.26 Mln To Fuel Expansion

KUALA LUMPUR, Feb 5 (Bernama) -- Uni-Fuels Holdings Limited (Uni-Fuels) has announced that its underwriter has fully exercised its over-allotment option, purchasing an additional 315,000 Class A Ordinary Shares at US$4.00 per share. (US$1=RM 4.42)

Malaysia Must Adopt Proactive Approach To Mitigate Risks As Global Trade Landscape Shifts - Economist

By Danni Haizal Danial Donald

KUALA LUMPUR, Feb 5 (Bernama) -- Malaysia must adopt a proactive approach to mitigate risks and capitalise on emerging opportunities as the global trade landscape shifts due to the import tariff hike by the United States, said an economist.

Malaysia To Ensure Plantations Have Enough Workers For Consistent Production -- Johari

KUALA LUMPUR, Feb 4 (Bernama) -- The government, through the Plantation and Commodities Ministry (KPK), is committed to ensuring oil palm plantations have sufficient workforce so that production remains consistent and is not adversely affected.