Trump pressures Big Oil for US$100bil Venezuela investment
WASHINGTON: President Donald Trump has predicted a quick agreement by major oil companies to spend at least US$100bil in Venezuela, his most direct effort yet to pressure them back into the country following the US's brazen capture of leader Nicolás Maduro.
Data centres underpin earnings for power companies
PETALING JAYA: The rapid development of data centres in Malaysia is powering the utilities sector locally, as demand for electricity continues to grow, analysts say.
ART system set to transform Sarawak transport
KUCHING: The autonomous rapid transit (ART) system, which is set for operation this year for the Samarahan-Kuching route, will be extended to connect the new Kuching International Airport that will be built in Tanjung Embang, Asajaya district in the Samarahan Division.
Ringgit gains against Singapore Dollar unlikely to hit trade
JOHOR BARU: The ringgit's recent strengthening to around 3.16 against the Singapore dollar was expected and has had little impact on cross-border trade between Malaysia and Singapore, an academic says.
Yayasan Peneraju unveils new basic package to accelerate Bumiputera AI upskilling
KUALA LUMPUR: Yayasan Peneraju (YP) is introducing the latest addition to its financing scheme, the 'Basic Package', available from Jan 9, 2026, aimed at accelerating Bumiputera upskilling in artificial intelligence (AI) training.
Malaysia's wholesale, retail trade sales up 6.4% y-o-y to RM158.9bil in Nov
KUALA LUMPUR: Malaysia's wholesale and retail trade registered total sales of RM158.9 billion in November 2025, marking a year-on-year (y-o-y) growth of 6.4 per cent.
Malaysia's IPI maintains positive momentum, rising 4.3% in Nov 2025
KUALA LUMPUR: Malaysia's Industrial Production Index (IPI) rises 4.3 per cent year-on-year in November 2025, induced by positive momentum in all sectors, said the Department of Statistics, Malaysia (DOSM).
MARC Ratings forecasts Malaysia's economy to expand 4.3% in 2026
KUALA LUMPUR: Malaysia's economy is forecasted to grow by 4.3 per cent in 2026, supported by continued domestic demand and sustained investment activity, driven by rapid demand for electrical and electronic products as well as data centre infrastructure.
Affin Bank projects 4.3% GDP growth for Malaysia this year
GEORGE TOWN: Affin Bank Bhd expects Malaysia's economy to maintain its strong momentum with gross domestic product (GDP) growth forecast at 4.3 per cent in 2026, following the likely 4.6 per cent expansion in 2025.
Lumpy growth forecast for tech sector this year
The local technology sector is expected to see an uneven earnings recovery this year with growth skewed towards front-end exposed names as better proxies to the growth in artificial intelligence (AI) compared with back-end-tech companies, analysts say.
