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Oracle to Invest More Than US$6.5 Bln in AI and Cloud Computing In Malaysia

KUALA LUMPUR, Oct 2 (Bernama) -- Oracle today announced that it plans to invest more than US$6.5 billion (US$1 = RM4.15) to open a public cloud region in Malaysia to meet the rapidly growing demand for its artificial intelligence (AI) and cloud services here.

MITI Commits To Sustainable Markets And Net-zero Pathway

KUALA LUMPUR, Oct 1 (Bernama) -- The Ministry of Investment, Trade and Industry (MITI) will ensure industry access to sustainable markets, while improving resource efficiency, strengthening governance and supporting the country's net-zero target.

Bursa Malaysia Ends Morning Session Slightly Higher

By Zarul Effendi Razali

KUALA LUMPUR, Oct 1 (Bernama) -- Bursa Malaysia ended the morning session slightly higher today, driven by renewed buying in selected heavyweights, in line with regional market recovery, said an analyst.

Prai Power Plant: A Symbol Of Excellence And Innovation

KUALA LUMPUR, Oct 1 (Bernama) -- Malakoff Corporation Bhd’s Prai Power Plant stands as a symbol of excellence and innovation in Malaysia’s energy sector.

SCHOTT's New Factory In Kedah Strengthens Malaysia's Global Manufacturing Hub Position - MIDA

KUALA LUMPUR, Sept 30 (Bernama) -- SCHOTT Glass Malaysia Sdn Bhd’s new state-of-the-art production facility in Kulim, Kedah, further solidifies Malaysia’s position as a global manufacturing hub for high-end specialty glass solutions, according to the Malaysian Investment Development Authority (MIDA).

AmBank Grants RM193 Mln Financing For Senibong Cove Project

KUALA LUMPUR, Sept 30 (Bernama) -- AMMB Holdings Bhd (AmBank Group) has granted financing facilities totalling RM115 million to Senibong Cove Development Sdn Bhd and RM78 million to JBB Builders (M) Sdn Bhd, the appointed contractor for the reclamation of 60.7 hectares of waterfront land in Senibong Cove, Johor Bahru.

MAVCOM Reports 32 Pct Drop In Complaints For 1H2024

KUALA LUMPUR, Sept 30 (Bernama) -- The Malaysian Aviation Commission (MAVCOM) received 2,083 complaints in the first half of 2024 (1H2024), a 32 per cent decrease from 3,063 complaints in the same period last year.

AirAsia Pushes For A More Liberalised Air Travel Landscape In ASEAN

KUALA LUMPUR, Sept 30 (Bernama) -- Despite a thriving operation in major ASEAN countries, AirAsia’s persistent difficulty in obtaining an operating licence in Singapore highlights a key challenge in the aviation sector—the conflict between national protectionism and the need for open competition.

MDEC, MATRADE Generate Over 150 Potential Business Matches At TGS 2024

From Durratul Ain Ahmad Fuad

TOKYO, Sept 29 (Bernama) -- The Malaysia Digital Economy Corporation (MDEC) and the Malaysia External Trade Development Corporation (MATRADE) have facilitated over 150 potential business matches for 10 Malaysian studios and companies during the four-day Tokyo Game Show (TGS) 2024 held from Sept 26-29, 2024.

RM403.7 Bln Expected For Budget 2025 - TA Securities

KUALA LUMPUR, Sept 28 (Bernama) -- An allocation of RM403.7 billion is expected for Budget 2025, comprising RM305.7 billion and RM97.9 billion for operating and development expenditures, respectively, according to TA Securities Holdings Bhd.

Bank Islam Unveils Mastercard Inspire Credit Card-i

SHAH ALAM, Sept 27 (Bernama) -- Bank Islam Malaysia Bhd has launched the Mastercard Inspire Credit Card-i, a new shariah-compliant credit card designed for young professionals.

No Decision Yet On Labuan Integrated Port Proposal - Deputy Minister

LABUAN, Sept 27 (Bernama) -- The Ministry of Transport (MoT) has not yet reached a decision regarding the proposed Labuan Integrated Port, intended to replace the over 50-year-old Labuan Liberty Wharf.