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Shah Alam Sports Complex Project Value Remains At RM2.94 Bln

SHAH ALAM, May 5 (Bernama) -- The Shah Alam Sports Complex (KSSA) development is proceeding as planned with the committed value remaining at RM2.94 billion despite concerns over potential cost increase following the global supply crisis.

MIMOS Forges Partnership With Universiti Brunei Darussalam To Advance Deep-Tech Agenda

KUALA LUMPUR, May 5 (Bernama) -- MIMOS International Venture Sdn Bhd (MIVSB) has formalised a strategic partnership with Universiti Brunei Darussalam (UBD) to advance Malaysia’s deep-tech agenda and accelerate regional commercialisation.

PDC, MAHB Approve Formation Of Joint Venture Company To Implement PILA Project

GEORGE TOWN, May 5 (Bernama) -- The Penang Development Corporation (PDC) and Malaysia Airports Holdings Bhd (MAHB) have approved the setting up of a joint venture company, Syarikat Usahasama PILA Sdn Bhd, to implement the Penang International Logistics Aeropark (PILA) project.

Bursa Malaysia Ends Morning Session Lower

KUALA LUMPUR, May 5 (Bernama) -- Bursa Malaysia was lower at midday, dragged down by selling in selected heavyweights, said an analyst.

Jumio Launches Continuous Identity Risk Monitoring Solution

KUALA LUMPUR, May 5 (Bernama) -- Jumio, an artificial intelligence (AI)-powered identity intelligence provider, has launched Jumio Watch, a continuous identity intelligence solution designed to improve how organisations manage identity risk.

Malaysia Sees No Major Energy, Raw Material Risk To Semiconductor Industry -- Johari

KUALA LUMPUR, May 5 (Bernama) -- Malaysia does not see energy supply or raw material shortages as a major risk to its semiconductor industry at this stage, supported by its status as a net gas exporter, Investment, Trade and Industry Minister Datuk Seri Johari Abdul Ghani said.

Bursa Malaysia Opens Lower Amid Renewed West Asia Tensions

By Karina Imran

KUALA LUMPUR, May 5 (Bernama) -- Bursa Malaysia opened lower on Tuesday, mirroring Wall Street’s decline as renewed geopolitical tensions in West Asia dampened investor sentiment, an analyst said.

Ringgit Steady Against US Dollar Ahead Of MPC Decision

KUALA LUMPUR, May 5 (Bernama) -- The ringgit opened nearly unchanged against the US dollar from yesterday’s close as markets await the latest decision by Bank Negara Malaysia’s (BNM) Monetary Policy Committee (MPC), scheduled for May 7.

Indonesia Plans Export Duties, Windfall Tax On Coal And Nickel To Ease Subsidy Burden

JAKARTA, May 4 (Bernama) -- Indonesia plans to introduce export duties and a windfall tax on coal and nickel as part of efforts to offset rising subsidy costs in the national budget.

Japan, Malaysia Must Work Even Closer To Elevate Industrial Cooperation -- Envoy

KUALA LUMPUR, May 4 (Bernama) -- Japan and Malaysia must work even more closely to elevate industrial cooperation, seize new opportunities and build resilience in an uncertain global environment.

CPO Futures End Higher, Tracking Gains In Crude & Soybean Oil Market

By Engku Shariful Azni Engku Ab Latif

KUALA LUMPUR, May 4 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives closed higher, tracking gains in the crude oil and soybean oil markets, a trader said.

SCIB Gets Shareholder Nod For RM151.19 Mln Disposal Exercise

KUALA LUMPUR, May 4 (Bernama) -- Sarawak Consolidated Industries Bhd (SCIB) has obtained shareholders’ approval for a strategic divestment exercise with a total potential value of RM151.19 million at its extraordinary general meeting (EGM).