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Introduce New Legislation To Enable AI To Operate Independently - PM Anwar

KUALA LUMPUR, May 28 (Bernama) -- New legislation has to be introduced to enable artificial intelligence (AI) to operate independently, without having to subject itself to the laws of the country, said Prime Minister Datuk Seri Anwar Ibrahim.

TM Delivers RM1.5 Bln To Stakeholders, Accelerates Long-Term Growth

KUALA LUMPUR, May 28 (Bernama) -- Telekom Malaysia Bhd (TM) delivered approximately RM1.5 billion in value to stakeholders through dividends and socio-economic initiatives in the financial year 2024, reaffirming its commitment to long-term value creation and national development.

AmBank Group Posts Higher FY2025 Net Profit Of RM2 Bln

KUALA LUMPUR, May 26 (Bernama) -- AMMB Holdings Bhd (AmBank Group) posted a 7.1 per cent increase in net profit to RM2.0 billion for the financial year ended March 31, 2025 (FY2025), compared to RM1.87 billion a year ago.

Li Qiang At ASEAN-GCC-China Summit Boosts Regional Cooperation

By Siti Noor Afera Abu

KUALA LUMPUR, May 23 (Bernama) – Chinese Premier Li Qiang's presence at the inaugural ASEAN-Gulf Cooperation Council (GCC)-China Summit in Kuala Lumpur next week reflects China's strong commitment to regional cooperation.

Malaysia Has Capacity To Capture Rapidly Evolving Space Economy Industry -- MOSTI

By Zarul Effendi Razali

LANGKAWI, May 22 (Bernama) -- Malaysia has the capacity to capture the rapidly evolving space economy industry, with the country’s large local talent pool, ample resources, good infrastructure and technology.

FBM KLCI Extends Losing Streak For 5th Straight Session

By Siti Radziah Hamzah

KUALA LUMPUR, May 21 (Bernama) -- The FBM KLCI has extended its decline for a fifth consecutive session on Wednesday, underscoring a deepening risk-off sentiment across Malaysia’s equity market, said an analyst.

Public Bank Posts Higher Net Profit Of RM1.75 Bln In 1Q

KUALA LUMPUR, May 21 (Bernama) -- Public Bank Bhd reported a higher net profit of RM1.75 billion in the first quarter ended March 31, 2025 (1Q 2025) compared with RM1.65 billion in the same period last year.

Tyler Jones Joins Duck Creek Technologies As Chief Marketing Officer

KUALA LUMPUR, May 20 (Bernama) -- Duck Creek Technologies, the global intelligent solutions provider defining the future of property and casualty (P&C) and general insurance, has appointed Tyler Jones as Chief Marketing Officer (CMO).

Petronas Chemicals Reports 1Q 2025 Net Loss Of RM18 Mln Despite Higher Revenue

KUALA LUMPUR, May 20 (Bernama) -- Petronas Chemicals Group Bhd (PCG) reported a net loss of RM18 million in the first quarter ended March 31, 2025 (1Q 2025) due to unrealised foreign exchange losses, unfavourable net foreign exchange impact from the specialities segment, among others, despite recording a higher revenue of RM7.66 billion.

US Move To Ease Curbs On Chip Exports An Opportunity For Malaysia's AI And Data Centre Sectors

By Fatin Umairah Abdul Hamid

KUALA LUMPUR, May 9 (Bernama) -- US President Donald Trump's plan to rescind the Biden-era artificial intelligence (AI) chip export rule presents opportunities for Malaysia to expand its AI chip industry and booming data centre sector.

PIKOM Digital Excellence Awards 2025 Nominations Begin Now

KUALA LUMPUR, May 9 (Bernama) -- The National Tech Association of Malaysia (PIKOM) has officially opened nominations for the PIKOM Digital Excellence Awards (PDEA) 2025.

Mixed Outlook Ahead Of BNM's OPR Announcement Tomorrow -- Economists

KUALA LUMPUR, May 7 (Bernama) -- Although the overnight policy rate (OPR) is expected by many to stay at 3.0 per cent, some economists see a possible 25 basis points (bps) cut by Bank Negara Malaysia (BNM) as pre-emptive support against the potential downside risks of the American tariffs.