LATEST NEWS   Govt to place more emphasis on "People's Economy”, ensure economic benefits felt and enjoyed by all Malaysians - Fahmi | The coastal submarine cable initiative is expected to provide faster, more affordable internet and boost Sabah's digital economy - Fahmi | Nilai assemblyman J. Arul Kumar appointed new Negeri Sembilan DAP chairman, effective today (Aug 10) - Loke | Communications Ministry committed to ensuring digital infrastructure development in Sabah stays on schedule and within budget - Fahmi | JENDELA Phase II: Several locations in Sabah identified as trial sites for direct-to-device satellite internet technology.- Fahmi | 

Economy

Enigmatig Invests In Singapore-Canada Film Co-Production

KUALA LUMPUR, July 22 (Bernama) -- Enigmatig Limited (Enigmatig), a Singapore-headquartered global business enabler, has invested in KUNGFULAND, the first scripted feature-length Singapore-Canada Treaty action-comedy co-production to use virtual production.

OPPOLIA Launches AI-Powered Home Design Platform

KUALA LUMPUR, July 22 (Bernama) -- OPPOLIA Home, a custom furniture and cabinetry company, has launched an artificial intelligence (AI)-powered design platform that streamlines everything from initial client consultations to final production.

ECRL Has Potential To Expand Entrepreneurs' Market Access, Boost East Coast Growth

By Anis Nabilla Md Wazilah

KUANTAN, July 22 (Bernama) -- The East Coast Rail Link (ECRL) project is expected to greatly benefit entrepreneurs in expanding their markets as well as strengthening economic growth, particularly in the East Coast.

Malaysia-Thailand BEZ To Boost Trade, Cut Logistics Costs -- Economists

By Siti Noor Afera Abu

KUALA LUMPUR, July 22 (Bernama) -- The proposed Malaysia-Thailand border economic zone (BEZ) could significantly strengthen bilateral trade and regional economic development, with improved border infrastructure expected to lower logistics costs, enhance supply chain efficiency and attract more investments, an economist said.

AM Best Assigns Stable Outlook To Philippines' MAAGAP

KUALA LUMPUR, July 22 (Bernama) -- Global credit rating agency, AM Best has assigned a financial strength rating of B+ (Good), a long-term issuer credit rating of “bbb-” (Good) and a Philippines National Scale Rating of aa.PH (Superior) to MAAGAP Insurance Inc (MAAGAP).

Holafly Names Khaby Lame Global Brand Ambassador

KUALA LUMPUR, July 22 (Bernama) -- Holafly, the global leader in travel eSIMs, has partnered with the world's most followed TikTok creator, Khaby Lame, who joins the company as its Global Brand Ambassador.

MDEC Takes Immediate Action To Revoke Malaysia Digital Status of Network School Operator

KUALA LUMPUR, July 21 (Bernama) -- The Malaysia Digital Economy Corporation (MDEC) is taking immediate steps to revoke the Malaysia Digital status of NSO Malaysia Sdn Bhd.

Ajinomoto Malaysia To Table SCR Proposal For Shareholders' Approval

KUALA LUMPUR, July 21 (Bernama) -- Ajinomoto (Malaysia) Bhd’s (AMB) board of directors has resolved to table the selective capital reduction and repayment (SCR) exercise proposed by controlling shareholder Ajinomoto Co, Inc (Ajico) to disinterested shareholders at an extraordinary general meeting (EGM) for their consideration and approval. 

Global Growth Faces Slowdown Amid Trade Barriers, Supply Chain Risks - Nurhisham

IPOH, July 21 (Bernama) -- Global economic growth could slow to near zero over the next century as rising trade barriers, intensifying geopolitical competition and supply chain disruptions reshape the global economy, Economic Adviser to the Prime Minister's Office Nurhisham Hussein said.

Govt To Limit Impact Of US Unilateral Trade Measures On Semiconductor, E&E Sectors - MITI

KUALA LUMPUR, July 21 (Bernama) -- The government will intensify efforts to reduce the impact of unilateral measures by the United States, ensuring that Malaysia remains an attractive investment destination for the semiconductor and electrical and electronics (E&E) sectors.

Global Supply Chain Disruptions Do Not Affect Malaysia-Russia Trade

KUALA LUMPUR, July 21 (Bernama) -- Trade relations between Malaysia and Russia continue to grow positively amidst disruptions to global supply chains caused by the geopolitical situation in the Middle East.

Sabah Southern MADANI Link Project Strengthens Electricity Supply Stability, Security

KUALA LUMPUR, July 21 (Bernama) -- The Sabah Southern MADANI Link (SSML) project by the Sabah state government is a strategic investment that strengthens the stability and security of the state’s electricity supply, according to the Ministry of Energy Transition and Water Transformation (PETRA).