500,000 AI-based Jobs Expected In Malaysia Within Six Years

KUALA LUMPUR, Oct 10 (Bernama) -- An estimated 500,000 artificial intelligence (AI)-based jobs across various sectors are expected to be created in Malaysia over the next six years, said Malaysia Internet of Things (IoT) Association deputy president Datuk P. Sri Ganes.

Malaysia's Natural Rubber Production Slid 5.2 Pct In August 2024 - DOSM

KUALA LUMPUR, Oct 10 (Bernama) -- Malaysia’s natural rubber (NR) production decreased by 5.2 per cent to 35,979 tonnes in August 2024 against 37,960 tonnes in July 2024, according to Statistics Department Malaysia (DOSM).

ASEAN+3 Faces Challenges From Inflation Resurgence And Geopolitical Uncertainty -- AMRO

SINGAPORE, Oct 10 (Bernama) -- ASEAN+3 economies should, in the near term, remain vigilant against the risks associated with a resurgence in inflation, escalating geopolitical tensions, and a global growth slowdown, which could challenge the resilience of the region's financial system.

MIDF Expects Westports To Achieve 4.2 Pct Container Volume Growth For FY2024

KUALA LUMPUR, Oct 10 (Bernama) -- MIDF Research expects Westports Holdings Bhd’s container volume in the second half of 2024 (2H FY2024) to increase by 2.2 per cent year-on-year (y-o-y) to achieve a full-year growth target of 4.2 per cent.

Hartalega To Benefit From Recently Announced US Tariffs Revision On Chinese Glove Makers

KUALA LUMPUR, Oct 10 (Bernama) -- Hartalega Holdings Bhd is expected to benefit from the recently announced upward United States (US) tariff revision on Chinese glove makers moving forward.

Good Governance, Clear Policy Drive Malaysia's Economic Growth - PM Anwar

KUALA LUMPUR, Oct 10 (Bernama)--  Prime Minister Datuk Seri Anwar Ibrahim said the recent positive economic developments in Malaysia were the result of better governance, together with clear policy formulation, especially in the industrial, digital transformation, energy and semiconductors sectors.

Skyworld Partners With PR1MA To Build Affordable Homes In Brickfields

KUALA LUMPUR, Oct 9 (Bernama) -- Skyworld Development Bhd’s wholly-owned subsidiary, Aspirasi Cekap Sdn Bhd (ACSB), has entered into a joint development agreement with PR1MA Corporation Malaysia to build affordable homes.

HRD Corp's Enhanced Allowable Cost Matrix To Boost Competitiveness, Productivity - FMM

KUALA LUMPUR, Oct 9 (Bernama) -- The enhancement of the Human Resource Development Corporation’s (HRD Corp) Allowable Cost Matrix (ACM) will significantly boost the competitiveness and productivity of Malaysian industries, said the Federation of Malaysian Manufacturers (FMM).

Leader Energy Secures Over US$100 Mln Investment From CAF II

KUALA LUMPUR, Oct 9 (Bernama) -- Telecommunication and power manufacturer, Leader Energy Group Bhd has secured over US$100 million (US$1=RM4.28) investment from China-ASEAN Investment Cooperation Fund II (CAF II).

Qiandongnan Sees Robust Tourism Growth Along China's Rural Tourism Highway 1

KUALA LUMPUR, Oct 9 (Bernama) -- China's Rural Tourism Highway 1 has welcomed over 25 million visitors and generated a tourism revenue of more than 12 billion Chinese yuan, showcasing the vigorous development of tourism in Qiandongnan, in the first eight months of this year. (100 Chinese yuan = RM60.62)

3REN Bhd Expands Operations, R&D And Market Presence With Upcoming IPO - MTDC

KUALA LUMPUR, Oct 9 (Bernama) -- 3REN Bhd’s initial public offering (IPO) will enable the group to expand its operations, enhance its research and development capabilities, and strengthen its presence in key markets, said Malaysian Technology Development Corporation (MTDC).

Rubber Market Ends Higher

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, Oct 9 (Bernama) -- The Kuala Lumpur rubber market ended higher today, taking its cue from the recovery in benchmark crude oil prices and the uptick in the Shanghai rubber futures exchange, amid concerns over tight natural rubber supply due to adverse weather in producing countries, a dealer said.