It is no secret that artificial intelligence (AI) is being touted as a tech superstar with the potential to redefine the way many industries currently operate. In Malaysia’s Budget 2025, the government announced a significant allocation of RM50 million to bolster the teaching of AI in research universities.

Trends: Is AI the true tech superstar of 2025?

Petronas Chemicals Group Bhd (KL:PCHEM) has won the silver award in the industrial products and services category at The Edge Malaysia ESG Awards 2024.

PetChem drives innovations in plastics circularity

Press Metal Aluminium Holdings Bhd (KL:PMETAL) secured the gold award in the industrial products and services category at The Edge Malaysia ESG Awards 2024.

Press Metal guides suppliers to adopt ESG

Mah Sing Group Bhd (KL:MAHSING) won the silver award in the property sector at The Edge Malaysia ESG Awards 2024.

Mah Sing sets new standards

Frontken Corp Bhd (KL:FRONTKN) has bagged the silver award in the most improved ESG performance over three years category at The Edge Malaysia ESG Awards 2024.

Frontken transitions to greener production

Colocation data centres are rapidly gaining popularity, owing largely to the growing need for secure, scalable and cost-effective IT infrastructure. These may also prove to be a boon for small and medium enterprises (SMEs) that want their IT needs reliably and efficiently met. In a nutshell, a co...

Guide: Colocation: A game changer for SMEs

Malaysia’s emergence as a data centre hub brings significant environmental challenges, particularly since the country relies on electricity generated from fossil fuels.

“Data centres are significant consumers of energy. Managing this consumption efficiently is vital to both operational ...

Sustainability: Balancing growth with green innovations

Findings of a recent study by Prudential Malaysia show that only 48% of Malaysians are actually satisfied with their financial well-being. Out of that number, 43% are concerned about securing their retirement comfortably due to stagnant wages and the rising cost of living.

It is not all...

Money Matters: Financial advisory gets an AI boost

Data literacy among businesses in Malaysia is gaining significance against the backdrop of a booming big data analytics (BDA) market projected to reach US$1.9 billion (RM7.85 billion) by 2025. Yet, local businesses continue to grapple with data literacy challenges, impeding their capacity to leve...

Data Fluency: Data literacy to empower informed decision-making and innovation

A troubling trend in Malaysia’s housing ownership landscape has emerged in recent times. The declining rate of home ownership is juxtaposed against a surge in unsold properties, painting a complex picture of the housing market.

This scenario can be particularly daunting for prospective ...

Asset Awareness: Redefining property investment with data

IHH Healthcare Bhd (KL:IHH) outperformed on Tuesday as Macquarie flagged an improving earnings trajectory across the hospital operator’s portfolio.

IHH Healthcare rises 5% as Macquarie flags strong earnings outlook

Apple Inc is developing a screenless health and fitness tracker similar to Whoop Inc’s wrist-worn device, part of an effort to rethink its smartwatch lineup and add new wearable technologies.

Apple developing new fitness tracker aimed at rivalling Whoop — Bloomberg

The Nasdaq hit an intraday record high on Tuesday, underpinned by gains in heavyweight technology stocks and potential negotiations over the Iran conflict, while declines in big banks limited broader market gains.

Nasdaq hits intraday record high as tech stocks regain footing

The European Union (EU) preliminarily agreed to remove sanctions on two Russian billionaires following pressure from France and Luxembourg, making the concession in order to preserve other penalties before they expire.

EU to exempt two Russian tycoons in sanctions renewal deal — Bloomberg

The Court of Appeal on Tuesday delivered three unanimous rulings in the ongoing marital dispute between Supermax Corp Bhd (KL:SUPERMX) founders Datuk Seri Stanley Thai and his wife Datin Seri Cheryl Tan Bee Geok.

Stanley Thai cleared of contempt as wife succeeds in lifting asset freeze, winding-up ban

US President Donald Trump on Tuesday called for complete economic isolation of Iran, showing no intention to resume talks at the United Nations (UN) General Assembly but saying he believed a deal would be done after the US midterm elections in November.

Trump urges complete isolation of Iran, expects deal after election

US President Donald Trump criticised Cuba as a failed state and said freedom will be coming to the Communist-run island in an United Nations (UN) address on Tuesday that touted greater US involvement in the region.

Trump says freedom coming to Cuba in UN speech

The Attorney General's Chambers has stated that the Negeri Sembilan state executive council has no legal authority to suspend the duties of the state secretary and state legal adviser.

No legal authority for Negeri Sembilan exco to suspend state secretary, state legal adviser — AGC

Prime Minister Andy Burnham said he would argue for Britain to be a "trusted partner" to the European Union's (EU) "Made in Europe" scheme, saying they should not be pitted as enemies on a policy that has the potential to hammer the UK's car industry.

UK's Burnham wants to work with EU on 'Made in Europe' plan

Wendy’s Co said it terminated the rights of one of its largest US franchisees to continue operating its 314 locations, which the burger chain said could be taken over by corporate or new operators.

Wendy’s says bankrupt franchisee lost brand rights to stores

A top executive at ASML Holding NV, Europe’s most valuable company, said it isn’t selling any of its chipmaking machines on the continent and that the region risks getting left behind as the US, China and India invest heavily in developing their domestic semiconductor industries.

ASML executive says no chipmaking machines sold in Europe, region risks getting left behind

The Court of Appeal on Tuesday delivered three unanimous rulings in the ongoing marital dispute between Supermax Corp Bhd (KL:SUPERMX) founders Datuk Seri Stanley Thai and his wife Datin Seri Cheryl Tan Bee Geok.

Land &amp; General Bhd (KL:L&amp;G) plans to launch the first phase of its Lembah Beringin industrial park in Selangor in the first quarter of next year, with an estimated gross development value of RM1.5 billion.

Land & General upbeat on prospects, targets RM1.5b industrial launch in 1Q 2027

Zetrix AI Bhd (KL:ZETRIX) managing director Wong Thean Soon's stake in the company has now dropped to 11.06% from 11.97% last Friday, as Wong continued to pare his direct and indirect stakes in the company.

TS Wong further trims Zetrix AI stake; investment vehicle exits substantial shareholder list

Cuscapi Bhd (KL:CUSCAPI) has proposed a private placement of up to 94.49 million new shares to raise up to RM4.55 million for working capital, making it the second company linked to businessman Wong Thean Soon, better known as TS Wong, to announce a share placement this week.

Cuscapi seeks RM4.55m via private placement, second TS Wong-linked firm to tap equity market this week

Loss-making MMAG Holdings Bhd (KL:MMAG),&nbsp;a company which counts NexG Bhd (KL:NEXG) as a substantial shareholder, has proposed a RM130 million share capital reduction to wipe out part of the company’s accumulated losses.

MMAG proposes RM130 mil capital reduction to pare accumulated losses

The Negeri Sembilan executive council on Tuesday unanimously decided to suspend the state secretary and state legal adviser, said Menteri Besar Datuk Ismail Lasim.

Negeri Sembilan exco suspends state secretary and state legal adviser 

Here is a brief recap of some business news and corporate announcements that made the headlines on Tuesday.

Cuscapi, Zetrix AI, Sunway Healthcare, Eco World, SD Guthrie, MMAG, NexG, Country Heights, OGX, Maybulk & Oriental Interest

Tremors from a weak magnitude 4.4 earthquake that struck the waters off Batu Pahat, Johor, at 4.55pm on Tuesday were felt across four states, as well as Putrajaya and Kuala Lumpur.

Quake off Batu Pahat: Tremors felt across Johor, Melaka, Negeri Sembilan and Klang Valley

All foreign-registered vehicles entering Singapore via land checkpoints must have a valid Vehicle Entry Permit (VEP) beginning Oct 6, 2026, said the Immigration and Checkpoints Authority (ICA).

Foreign-registered vehicles entering Singapore from Oct 6 must have valid VEP

Property developer Oriental Interest Bhd (KL:OIB) has applied to withdraw its draft circular and listing application filed more than a month ago for its proposed RM280 million share‑based related party acquisition that would have marked its entry into the motorcycle financing and retail business.

Oriental Interest applies to withdraw draft circular, listing application for RM280m related party deal to make ‘essential updates’

A weak earthquake measuring 4.4 on the Richter scale was detected in the waters off Batu Pahat, Johor, at 4.55pm on Tuesday.

Weak 4.4-magnitude earthquake detected in waters off Batu Pahat

The Attorney General's Chambers has stated that the Negeri Sembilan state executive council has no legal authority to suspend the duties of the state secretary and state legal adviser.

A Taiwanese minister returned from a rare trip by a senior official to China on Tuesday, saying he was well-treated and not "belittled" while attending a regional Apec meeting though still happy to be home.

Taiwan minister says he was not 'belittled' on rare trip to China

A weak 4.4-magnitude earthquake that struck the waters off Batu Pahat, Johor, on Tuesday afternoon startled residents in several areas, with some initially mistaking the brief tremors for vibrations caused by heavy vehicles passing nearby.

Earthquake off Batu Pahat: Residents thought tremors caused by lorries

Transportation and logistics group Maybulk Bhd (KL:MAYBULK) has proposed to buy a freehold industrial property in Bandar Bukit Raja, Klang for RM35.5 million cash.

Maybulk to expand into industrial property business with Klang land buy

Cypark Resources Bhd (KL:CYPARK) posted a profit before tax of RM5.7 million for its first quarter ended July 31, 2026 (1QFY2027), compared with a loss before tax of RM17.6 million a year earlier, crediting the turnaround to its existing businesses and development of new sources of earnings.

Cypark returns to profitability in 1Q, powered by existing businesses, new sources of earnings

The Malaysian Bar Council is calling for reforms to the Malaysian Anti-Corruption Commission and for a Royal Commission of Inquiry (RCI) to look into "grave" allegations against graft-busting officers.&nbsp;

Bar Council calls for RCI to look into 'grave' allegations against MACC

Malaysia’s economy is projected to grow 4.7% in 2026, supported by technology-related exports and investment as well as robust domestic demand, according to the World Economic Forum (WEF).

Malaysia to grow 4.7% in 2026 as Southeast Asian outlook brightens — World Economic Forum

Iran and the US hinted on Tuesday at the prospect of reviving negotiations to end their conflict, with the presidents of both countries due at the United Nations (UN) General Assembly in New York.

Hazel Vincent De Paul

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Hazel Vincent De Paul

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