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Business

MIDA sees broader investment pipeline beyond data centres in 2026

KUALA LUMPUR: The Malaysian Investment Development Authority (MIDA) is expected to see a variety of potential investments into various sectors this year, rather than solely focusing on data centres. 

Business

Malaysia likely see net foreign equity inflow in 2026 amid rising investor confidence

KUALA LUMPUR: Malaysian equities markets are likely to see a net inflow of foreign investment this year amid heightened investor confidence, driven by improving market sentiment.

Energy

Sarawak to introduce carbon levy on oil, gas and energy sectors

KUCHING: Sarawak will be introducing a carbon levy on facilities in the oil, gas and energy sectors this year, said Sarawak Premier Tan Sri Abang Johari Tun Openg.

Business

Astro to stop new Astro Fibre sign-ups from Feb 2026

KUALA LUMPUR: Astro said it will stop new sales and subscriber acquisitions for Astro Fibre effective Feb 1, 2026, following a strategic review of its businesses.

Markets

5E Resources secures Bursa Malaysia nod for ACE Market listing

JOHOR BAHRU: Waste management services provider 5E Resources Holdings Bhd (5E Resources) has received approval from Bursa Malaysia Securities Bhd for its proposed listing on the ACE Market.

Forex

Ringgit ends higher as Trump-fed clash weakens the greenback

KUALA LUMPUR: The ringgit continued to strengthen against the US dollar on Tuesday, hovering towards the RM4.05 level at the close after opening at RM4.06, as the constant attack by the Trump administration against the Federal Reserve (Fed) hurt market confidence and weakened the greenback. 

Aviation

AirAsia X fully secures RM1bil private placement at RM1.65 per share

KUALA LUMPUR: AirAsia X Bhd (AAX) has fully secured its RM1 billion private placement at RM 1.65 per share. 

Corporate News

iCents wins RM9.12mil industrial facility contract

KUALA LUMPUR: iCents Group Holdings Bhd's wholly-owned subsidiary, VC Engineering Sdn Bhd, has accepted a RM9.12mil sub-contract for works at an industrial manufacturing facility in Malaysia.

Corporate News

Rimbunan Sawit disposes of land for RM28mil

PETALING JAYA: Rimbunan Sawit Bhd (RSB) is disposing of a parcel of land measuring approximately 1,504 hectares situated at Batang Baram, Baram in the Miri division of Sarawak, to Trinity Capital Resources Sdn Bhd for RM28mil.

Business

Agibot opens Malaysia’s first AI and robotics experience centre

KUALA LUMPUR: Robotics company, Agibot has kicked off a series of Asia-Pacific strategic initiatives for 2026 with a landmark launch event in Malaysia, underscoring its push to expand automation and embodied intelligence across the region.

Corporate News

Selangor Dredging buys Petaling Jaya land for RM63mil

PETALING JAYA: Selangor Dredging Bhd (SDB) is acquiring a piece of freehold commercial land measuring 1.214 hectares in Petaling Jaya, Selangor, from Hectare Square Sdn Bhd for RM63mil.

Markets

FBM KLCI hits multi-year high, banking stocks lead rally

KUALA LUMPUR: The FBM KLCI closed above the 1,700-point psychological level on Tuesday, as improving risk appetite and largely positive regional cues lifted sentiment, pushing the benchmark to a multi-year high.

Business

China extends tariffs on solar-grade polysilicon imports from US, South Korea

BEIJING: China will maintain anti-dumping tariffs of up to 113.8% on solar-grade polysilicon imported from ‌South Korea and the ⁠U.S. as well as anti-subsidy tariffs ​of up to 2.1% on U.S. imports for another five years, the commerce ministry said on Tuesday.

Business

Invictus Blue confirms exit of two senior leaders following organisational reset

KUALA LUMPUR: Independent media-tech-creative group Invictus Blue has confirmed the exit of two senior leaders following a comprehensive organisational reset undertaken in 2025 to modernise its operating model, governance and ways of working to support its next phase of growth.

Energy

Oil extends climb on Iran supply disruption concerns

SINGAPORE: Oil prices extended gains on Tuesday as heightened concerns surrounding Iran and potential supply disruptions outweighed the prospect of increased crude supply from Venezuela.

Commodities

Gold steadies below record US$4,600/oz as investors book profits

GOLD prices edged lower on Tuesday, as investors booked profits after the precious metal struck the record $4,600/ounce level in the last session amid sharpened geopolitical and ‌economic uncertainty.

Corporate News

Velocity Capital exits MMAG with RM9.4Mil share disposal

PETALING JAYA: Velocity Capital Partner Bhd (Velocity) has fully exited its investment in MMAG Holdings Bhd, disposing of its entire 6.46% stake through open market transactions in January for a total cash consideration of RM9.43mil.

Business

Trump vows 25% tariff on countries doing business with Iran

President Donald Trump said he is imposing a 25% tariff on goods from countries "doing business" with Iran, ratcheting up pressure on the government in Tehran that has been rocked by widespread protests. 

Corporate News

Australia's Lynas Rare Earths CEO to retire after over a decade in role

MELBOURNE: Australia's Lynas Rare Earths said on Tuesday its Chief Executive Officer Amanda Lacaze is retiring after 12 years, just as Western countries seek greater security of supply for the metals for which Lynas is the top Western producer.

Aviation

AirAsia X to be renamed AirAsia from Jan 19

KUALA LUMPUR: AirAsia X Bhd will be renamed AirAsia from Jan 19 as low-cost carrier AirAsia reaches the final stages of its restructuring to consolidate all aviation businesses under a single entity, according to its founder Tan Sri Tony Fernandes.