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AmBank Targets Loan Growth In Line With Industry, Aims FY2026 Net Profit To Exceed RM2 Bln

KUALA LUMPUR, Aug 20 (Bernama) -- AMMB Holdings Bhd (AmBank) expects its loan growth to keep pace with the industry at around 4 per cent this year, driven mainly by business banking and wholesale segments, while retail loans are expected to remain flat.

Macquarie Eyes Investments In Malaysia, Says Tengku Zafrul

KUALA LUMPUR, Aug 18 (Bernama) -- Global fund manager Macquarie Asset Management has expressed interest in investing across various sectors in Malaysia, Investment, Trade and Industry Minister Tengku Datuk Seri Zafrul Abdul Aziz said.

Cloudera Powers Bank Negara Indonesia’s Enterprise-wide AI Expansion With Secure, Scalable Platform

KUALA LUMPUR, Aug 7 (Bernama) -- Cloudera, a data and artificial intelligence (AI) platform company, announced it has strengthened its partnership with Bank Negara Indonesia (BNI) to scale AI innovation across the enterprise.

MITI Pledges Strong Implementation Of 13MP To Drive Sustainable, Inclusive Growth - Tengku Zafrul

KUALA LUMPUR, Aug 5 (Bernama) -- The Ministry of Investment, Trade and Industry (MITI) will ensure that the economic policies under its purview in the 13th Malaysia Plan (13MP) are implemented effectively, said its Minister, Tengku Datuk Seri Zafrul Abdul Aziz. 

Malaysia’s Aerospace Industry Revenue Expected To Expand Up To 25 Pct This Year -- Tengku Zafrul

KUALA LUMPUR, July 10 (Bernama) — Malaysia’s aerospace industry revenue is projected to grow 20 to 25 per cent this year from RM25.1 billion (US$5.93 billion) in 2024, said Investment, Trade and Industry Minister Tengku Datuk Seri Zafrul Abdul Aziz. 

BNM Expected To Hold Rates Steady Through 2025 After OPR Cut – Investment Banks

KUALA LUMPUR, July 10 (Bernama) -- Public Investment Bank Bhd (Public IB) expects Bank Negara Malaysia (BNM) to hold interest rates steady for the remainder of 2025, following the recent overnight policy rate (OPR) cut.

Bank Shares Mixed In Early Trade Following BNM OPR Cut

KUALA LUMPUR, July 10 (Bernama) -- Bank shares were mixed in early trade today as Bank Negara Malaysia’s (BNM) interest rate cut exerted immediate pressure on banks’ net interest margins (NIM).

Uni-Fuels Opens Shanghai Office To Boost Asia Expansion

KUALA LUMPUR, July 1 (Bernama) -- Uni-Fuels Holdings Limited, a Singapore-headquartered global provider of marine fuel solutions, announced the official opening of its new office in Shanghai, marking a strategic milestone in its international expansion and underscoring its focus on the fast-growing Asia maritime market.

MITI Supports Young Entrepreneurs Through DEFA, ASEAN SME Academy

KUALA LUMPUR, June 28 (Bernama) -- The Ministry of Investment, Trade and Industry (MITI) is actively creating more space for young entrepreneurs to thrive, in line with Malaysia’s role as ASEAN chair, said Minister Tengku Datuk Seri Zafrul Abdul Aziz.

Intel, Vishay Set To Expand Semiconductor Presence In Malaysia - Tengku Zafrul

KUALA LUMPUR, June 22 (Bernama) -- The Ministry of Investment, Trade and Industry (MITI) has held discussions with leading tech giant, Intel, regarding the latter’s plans on reinvestment and expansion of its operations in Malaysia.

MARii, Petronas Collaborate To Advance Automotive Innovation With AI Technology

KUALA LUMPUR, June 12 (Bernama) -- The Malaysia Automotive Robotics and IoT Institute (MARii) has collaborated with Petronas Global Technical Solutions Sdn Bhd (PGTSSB) to revolutionise vehicle maintenance through advanced technology.

Petronas To Cut 10 Pct Of Its Workforce – Tengku Muhammad Taufik

KUALA LUMPUR, June 6 (Bernama) -- Petroliam Nasional Bhd (Petronas) is cutting 10 per cent of its workforce to cope with challenging operating conditions, particularly due to falling crude prices.