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Maybank Facilitates RM15 Bln Financing And Investments In JS-SEZ

KUALA LUMPUR, Nov 10 (Bernama) -- Malayan Banking Bhd (Maybank) has facilitated more than RM15 billion into the Johor-Singapore Special Economic Zone (JS-SEZ), comprising RM10 billion in committed financing and up to RM5.35 billion in investment interests via letters of intent (LOIs) from clients.

Cyberjaya’s IC Design Park 2 To Boost Malaysia’s Global Innovation Drive

By Thivyamalini Ramalu

CYBERJAYA, Nov 6 (Bernama) -- The launch of the Integrated Circuit (IC) Design Park 2 in Cyberjaya marks a major step forward in Malaysia’s bid to strengthen its position in the global semiconductor industry and develop a new generation of highly skilled engineers.

Malaysia Launches Southeast Asia's First Advanced Chip Testing Centre, Key Driver Of IC Park 2

PUTRAJAYA, Nov 6 (Bernama) -- Malaysia has charted another milestone in the semiconductor industry with the launch of the Advanced Chip Testing Centre officiated by Prime Minister Seri Anwar Ibrahim today, in conjunction with the launch of the Malaysia Semiconductor IC Design Park 2 (IC Park 2) located at CoPlace 9, Cyberjaya.

Ann Joo Unit To Dispose Of Penang Industrial Land To Axis REIT For RM800 Mln

KUALA LUMPUR, Nov 6 (Bernama) -- Ann Joo Resources Bhd’s (AJR) wholly-owned subsidiary, Ann Joo Steel Bhd (AJSB), has accepted a conditional letter of offer from Axis REIT Managers Bhd for a proposed disposal of a freehold industrial land in Prai, Penang, for RM800 million.

ACCCIM's Consistent Participation At CIIE Is A Proud Achievement - Ahmad Zahid

From Mohd Hisham Abdul Rafar

SHANGHAI, Nov 6 (Bernama) -- Malaysia’s presence at the China International Import Expo (CIIE) through the Associated Chinese Chambers of Commerce and Industry of Malaysia’s (ACCCIM) participation is something to be proud of, according to Datuk Seri Dr Ahmad Zahid Hamidi.

Ipoh Sentral Project To Offer Over 20,000 Job Opportunities

BATU GAJAH, Nov 6 (Bernama) -- More than 20,000 job opportunities will be created through the Ipoh Sentral development project which is expected to be a major catalyst for Perak's economic growth in the next few years.

Selangor State Govt To Establish Semiconductor Fund To Boost Sector - Amirudin

CYBERJAYA, Nov 6 (Bernama) -- The Selangor state government, via the Selangor Information Technology and Digital Economy Corporation and Permodalan Negeri Selangor Bhd, has partnered Artem Venture Fund to establish the Selangor Semiconductor Fund, also known as Ehsan Capital, to empower the industry.

Urgent Action Needed To Address Intensifying Climate Change Effects - Sultan Nazrin

KUALA LUMPUR, Nov 6 (Bernama) -- Scientific and financial resources must be urgently directed towards understanding and addressing the effects of climate change, as extreme weather events are no longer rare but recurring and intensifying, said the Sultan of Perak, Sultan Nazrin Shah.

Bursa Malaysia Opens Marginally Higher, Tracks Wall Street Gains

KUALA LUMPUR, Nov 6 (Bernama) -- Bursa Malaysia opened marginally higher today, recouping yesterday’s losses in line with gains from Wall Street overnight.

Malaysia's Economy Remains Resilient, Supported By Global Tech Demands - S&P

KUALA LUMPUR, Nov 5 (Bernama) -- Malaysia's economic growth continues to remain resilient this year, against the backdrop of external volatility and uncertainties related to the United States (US) trade policy, according to S&P Global Ratings (S&P). 

Maintaining OPR At 2.75 Pct Provides Better Predictability In Borrowing Costs - Economist

By Fatin Umairah Abdul Hamid

KUALA LUMPUR, Nov 5 (Bernama) -- Maintaining the Overnight Policy Rate (OPR) at 2.75 per cent would provide better predictability in borrowing costs, allowing Malaysians to plan capital expenditures and asset purchases with confidence, said an economist. 

Silicon X Achieves Key Milestone With Power-on Of Malaysia’s First FPGA Chip

GEORGE TOWN, Nov 5 (Bernama) -- Silicon X Sdn Bhd, a homegrown integrated circuit (IC) design company, has achieved a major milestone in Malaysia’s semiconductor industry with the successful power-on of its proprietary Field Programmable Gate Array (FPGA) chip, marking a significant step forward in the nation’s high-tech ambitions.