12d ago
KUALA LUMPUR, July 29 (Bernama) -- The government has recorded nearly RM5 billion in savings as of July 14, 2026, from the implementation of expenditure control measures following the RM10 billion adjustment to the operating expenditure allocation for this year, said Deputy Finance Minister Liew Chin Tong.
12d ago
KUALA LUMPUR, July 29 (Bernama) -- The government will continue to advance and refine the development of official statistics to support more accurate and effective policymaking, including through the production of more granular indicators, said Deputy Economy Minister Datuk Mohd Shahar Abdullah.
13d ago
KUALA LUMPUR, July 28 (Bernama) -- Axe Compute Inc, a neocloud artificial intelligence (AI) infrastructure company, has announced a new five-year customer agreement with a total committed contract value of over US$1.5 billion to deploy a dedicated AI infrastructure cluster powered by NVIDIA Blackwell in the United States (US). (US$1=RM4.08)
13d ago
KUALA LUMPUR, July 28 (Bernama) -- Sime Darby Property Bhd's New Economy Venture (NEV) platform, Sime Darby Property NEV (Holdings) Sdn Bhd (SDP NEV), has established a sukuk programme of up to RM2.6 billion to finance the development of build-to-suit-to-lease data centres as well as industrial and logistics assets.
13d ago
GEORGE TOWN, July 28 (Bernama) -- Penang is making steady progress in its renewable energy transition, with clean energy now contributing about six per cent of the state’s energy mix.
14d ago
By Zufazlin Baharuddin and Fatin Umairah Abdul Hamid
KUALA LUMPUR, July 27 (Bernama) -- Bursa Malaysia’s key index closed higher as bargain-hunting activities emerged in banking and plantation heavyweights following the recent pullback.
14d ago
KUALA LUMPUR, July 27 (Bernama) -- Malaysia’s economic fundamentals remain strong despite mounting global cost pressures arising from ongoing geopolitical tensions, said the Association of Chartered Certified Accountants (ACCA).
14d ago
PUTRAJAYA, July 27 (Bernama) -- The Ministry of Economy recorded the fourth-best development expenditure performance among ministries as of July 21 after spending RM1.214 billion, or 57.42 percent, of its original 2026 development allocation of RM2.115 billion.
14d ago
KUALA LUMPUR, July 27 (Bernama) -- Malaysia is on track to achieve the target set under the 13th Malaysia Plan (13MP) of becoming among the top 12 economies in global competitiveness, according to Deputy Economy Minister Datuk Mohd Shahar Abdullah.
14d ago
PUTRAJAYA, July 27 (Bernama) -- The Economy Ministry has projected 2027’s development expenditure at about RM58 billion, with 70 per cent of the total allocation earmarked for basic development. The proposal is yet to be submitted to the Finance Ministry (MOF).
14d ago
KUALA LUMPUR, July 27 (Bernama) -- Global credit rating agency, AM Best has maintained its stable outlook on Vietnam’s non-life insurance segment, citing robust demand, technology adoption and healthy macroeconomic factors.
16d ago
By Durratul Ain Ahmad Fuad
KUALA LUMPUR, July 25 (Bernama) -- The ringgit is expected to trade within the RM4.08-RM4.10 range against the greenback next week on caution ahead of key domestic and external events, namely the US interest rate decision and the Negeri Sembilan state election.