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Penang Secures RM2.3 Bln MedTech Investments, Creates Nearly 4,500 Jobs

GEORGE TOWN, Oct 6 (Bernama) -- Penang secured RM2.3 billion in approved investments in the medical technology (MedTech) sector from 2021 to the first quarter of 2026, involving 40 projects and creating nearly 4,500 jobs, said Chief Minister Chow Kon Yeow.

AM Intelligence Orders 20,000 NVIDIA Rubin GPUs For India, Malaysia

KUALA LUMPUR, Oct 6 (Bernama) -- AM Intelligence (AMI), the artificial intelligence (AI) infrastructure platform set up by the promoters of Greenko, has announced two further firm and binding orders for 20,000 NVIDIA Rubin graphics processing units (GPUs) to be deployed as NVIDIA Vera Rubin NVL72 rack-scale systems.

Second Reading Of Supply Bill 2027 This Friday At 3.30 pm

KUALA LUMPUR, Oct 6 (Bernama) -- The Supply Bill 2027 (Budget 2027) will be tabled for the second reading in the Dewan Rakyat this Friday at 3.30 pm.

Oldtown White Coffee Does Not Rule Out A Return To Singapore After Outlet Closure

By Anas Abu Hassan

SINGAPORE, Oct 6 (Bernama) -- Malaysian coffee chain OldTown White Coffee has not ruled out a return to Singapore following the announcement of the permanent closure of its Kallang Wave outlet here.

Bursa Malaysia Stays Higher At Midday Tracking Regional Markets

KUALA LUMPUR, Oct 6 (Bernama) -- Bursa Malaysia stayed higher at midday, tracking regional markets after Wall Street’s positive performance overnight, led by megacap technology shares on solid artificial intelligence (AI) investment and earnings momentum.  

Carey Island, Midport Development Will Not Affect PTP-- Loke

KUALA LUMPUR, Oct 6 (Bernama) -- The development of Carey Island and Midport will not affect the Port of Tanjung Pelepas’ (PTP) role, as each port has its own specialisation and distinct development concept, said Transport Minister Anthony Loke.

Curia Expands Sterile API Manufacturing In Spain

KUALA LUMPUR, Oct 6 (Bernama) -- Curia Global Inc (Curia), a global contract, development and manufacturing organisation (CDMO), has announced a strategic investment to expand its sterile active pharmaceutical ingredient (API) manufacturing capabilities for steroid and non-steroid products at its facility in Valladolid, Spain.

Budget 2027 To Be Tabled At 3.30 PM This Friday

KUALA LUMPUR, Oct 6 (Bernama) -- The 2027 Budget, which will be tabled by Prime Minister Datuk Seri Anwar Ibrahim in the Dewan Rakyat this Friday, has been brought forward to 3:30 pm.

Financial Sector Prevents RM1.9 Bln In Attempted Fraudulent Transactions In 1h 2026

KUALA LUMPUR, Oct 6 (Bernama) -- The financial sector has prevented approximately RM1.9 billion in attempted fraudulent transactions in the first half of 2026, surpassing the RM1.2 billion prevented throughout 2025.

Budget 2027: Hybrid GST-SST Proposal Puts Malaysia’s Consumption Tax In Focus

By Yeoh Cheng Guan

Partner, Indirect Tax, Ernst & Young Tax Consultants Sdn Bhd

KUALA LUMPUR, Oct 6 (Bernama) -- As Budget 2027 approaches, discussions on Malaysia’s indirect tax landscape are once again taking centre stage.

Banking Industry, PayNet To Introduce Industry Fraud Alert, Eye Pilot Testing In 1H 2027 -- BNM Governor

KUALA LUMPUR, Oct 6 (Bernama) -- The banking industry and PayNet are working towards introducing industry-wide fraud alert capabilities, with pilot testing involving selected banks targeted for the first half (1H) of 2027.

Guardsquare Opens First APAC Office In Singapore

KUALA LUMPUR, Oct 6 (Bernama) -- Guardsquare, a provider of mobile application security, has opened its first physical office in the Asia-Pacific (APAC) region in Singapore, strengthening its presence in a market where demand for mobile application and API security is growing.