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.

Malaysia's Inflation Rises At Slower Rate Of 1.8 Pct In 2024 - DOSM

KUALA LUMPUR, April 29 (Bernama) -- Malaysia’s inflation increased at a slower rate of 1.8 per cent in 2024 versus 2.5 per cent in 2023, with the index points standing at 132.8 in 2024 against 130.4 recorded in the previous year, said the Department of Statistics Malaysia (DOSM).

Malaysia’s Great Shift: Navigating The High Stakes Of Targeted Subsidies

By Siti Radziah Hamzah

KUALA LUMPUR, April 23 (Bernama) -- As Malaysia embarks on one of the most ambitious reforms to its economic framework in recent decades, the issue of targeted subsidy for diesel has taken centre stage.

Malaysia Must Improve Its Preparedness In Facing Global Economic Uncertainties -- Anwar

PUTRAJAYA, April 7 (Bernama) -- Malaysia needs to improve its preparedness in facing global economic uncertainties, including the impact of the market crash in the United States (US), which recorded losses of trillions of dollars, said Prime Minister Datuk Seri Anwar Ibrahim.

BYD Energy Storage Debuts Chess Plus For C&I Energy Storage In China

KUALA LUMPUR, April 2 (Bernama) -- Renewable energy solutions provider, BYD Energy Storage, a division of BYD Company Limited, recently unveiled its next-gen commercial and industrial (C&I) energy storage system, Chess Plus, designed to address challenges in safety, efficiency, and profitability amid a fiercely competitive market.

2024 Economic Growth Proves Reforms Are Bearing Early Fruits -- PM Anwar

KUALA LUMPUR, March 25 (Bernama) -- The 5.1 per cent growth in the gross domestic product (GDP) in 2024, which surpassed the government's initial forecast and independent analysts expectations, proves that economic reforms have started to show early results.

GLICs Urged To Invest Around RM120 Bln over 5 Years For Economic Growth

KUALA LUMPUR, March 20 (Bernama) -- Government-linked investment companies (GLICs) have been urged to make domestic direct investments (DDI) of about RM120 billion over five years to stimulate the country's economic growth, said Prime Minister Datuk Seri Anwar Ibrahim.

PM Anwar Hails LHDN’s Performance, Optimistic About Future Revenue Growth

CYBERJAYA, March 10 (Bernama) -- Prime Minister Datuk Seri Anwar Ibrahim has expressed optimism over the Inland Revenue Board’s (LHDN) performance, commending its achievements and the implementation of new systems that have boosted efficiency.

Menlo Security Acquires Votiro To Enhance Data Security For Enterprises

KUALA LUMPUR, Feb 20 (Bernama) -- Menlo Security, the industry leader of secure enterprise browsers, has announced its acquisition of Votiro, a data and file security platform that specialises in advanced Content Disarm & Reconstruction (CDR) and data loss prevention.

Over 24,000 Taxpayers In Malaysia Have Used e-Invoicing System

TELUK INTAN, Feb 18 (Bernama) -- A total of 24,700 taxpayers have used the e-invoicing system, with about 173 million e-invoices having been issued as of Feb 13.

Malaysia Needs A Holistic Framework For Gold Industry Management

KUALA LUMPUR, Feb 4 (Bernama) -- Malaysia must strengthen and optimise its gold resource management by establishing a holistic and comprehensive National Gold Industry Management Framework.

OPEC+ To Bring Back 5.8 Mln Bpd Of Extra Crude Oil To Buffer Losses From Canada, Mexico

KUALA LUMPUR, Feb 3 (Bernama) -- There is room for the Organisation of the Petroleum Exporting Countries and its allies (OPEC+) to bring back an average of 5.8 million barrels per day (bpd) of extra crude oil in the event of significant supply disruptions from Canada and Mexico, assuming a similar level of utilisation in the past, according to Rystad Energy.