Newsfeed – Business News
IMF says AI slowdown could knock 0.4pc off global GDP by 2028
BANGKOK, Oct 17 — The artificial intelligence boom has been a key driver of global growth, but also poses economic risks should investment in the technology falter, experts and policymakers […]
Sweet ambitions: Sarawak’s cocoa beans could power Malaysia’s next chocolate boom
MELAKA, Oct 17 — Sarawak could strengthen the country’s cocoa industry by expanding cultivation areas and producing higher-value chocolate products, helping narrow the supply gap in dried cocoa beans, which […]
Penang Port goes high-tech with Malaysia’s first dedicated private 5G network
BUTTERWORTH, Oct 17 — Penang Port Sdn Bhd (Penang Port) has become Malaysia’s first port to deploy a private 5G network on dedicated spectrum, marking a milestone in its digital […]
IMF urges govts to rein in costly subsidies as debt and spending pressures mount
WASHINGTON, Oct 17 — Governments in almost all economies face pressing fiscal challenges, with high debt levels, higher interest rates and growing demands for public spending, an International Monetary Fund […]
Marrybrown serves up expansion plans with 30 new Malaysian outlets, Cambodia debut
JOHOR BAHRU, Oct 17 — Local fast-food chain Marrybrown aims to open 30 new outlets nationwide by 2027 as part of its strategy to expand operations and strengthen its position […]
Malaysia’s economy holds up despite global shocks, economists see room to beat growth target
KUALA LUMPUR, Oct 16 — Malaysia is on track to exceed its official full-year gross domestic product (GDP) growth forecast of 4.8 to 5.3 per cent after the economy expanded […]
Ringgit strengthens against US dollar after robust third-quarter GDP estimate
KUALA LUMPUR, Oct 16 — The ringgit closed higher against the US dollar on Friday, supported by Malaysia’s higher-than-expected advance GDP estimate for the third quarter of 2026 (3Q 2026). […]
Tengku Zafrul urges closer Asean ties to overcome trade barriers at aseanX launch
KUALA LUMPUR, Oct 16 — Datuk Seri Tengku Zafrul Abdul Aziz today hailed private information platform aseanX as a potentially vital tool for deeper regional integration, as South-east Asian nations […]
Bursa Malaysia retreats from opening gains as investors turn cautious ahead of weekend
KUALA LUMPUR, Oct 16 — Bursa Malaysia opened slightly higher today but eased thereafter due to mild profit-taking in selected heavyweight counters At 9.15 am, the FTSE Bursa Malaysia KLCI (FBM […]
Ringgit steady against US dollar ahead of Malaysia’s third-quarter GDP estimate
KUALA LUMPUR, Oct 16 — The ringgit opened flat against the US dollar today as external factors, including expectations of a restrictive US monetary policy, offset support from a weaker […]