Timber firm Maxland Bhd (KL:MAXLAND) has inked a formal deal to collaborate with data processing services provider GDC Data Sdn Bhd to jointly venture into data centre development in Kulim, Kedah.

Maxland inks deal with GDC Data for data centre development collaboration

Facebook, TikTok, WhatsApp, and Telegram are the four online platforms identified as the most preferred spaces for scammers to commit fraud, according to Communications Minister Fahmi Fadzil.

Facebook, TikTok, WhatsApp, and Telegram most preferred by scammers to commit fraud online, Fahmi warns

KUALA LUMPUR (Jan 20): Perusahaan Otomobil Kedua Sdn Bhd (Perodua) and Universiti Teknologi Malaysia (UTM) have signed a memorandum of understanding (MOU) to collaborate on the development of next-generation electric vehicles (xEVs).

Perodua, Universiti Teknologi Malaysia tie up to develop next-gen EVs

KUALA LUMPUR (Jan 20): The US’ restriction on artificial intelligence (AI) chip exports is expected to have a limited impact on Malaysia’s semiconductor companies, which are primarily involved in assembly and testing, according to Nomura Asset Management Malaysia managing director and country head Leslie Yap.

Impact of US chip curbs on Malaysia’s semicon sector minimal, says Nomura’s country head

With Donald Trump about to start a second term in the White House, investors around the globe are bracing for big changes in trade policies. One sector they are zeroing in on is China tech, and the sentiment is: wait and see.

Chinese tech stock hedges cheapen before Trump’s return

Donald Trump's newly-created cryptocurrency soared on Monday to nearly US$12 billion (RM54 billion) in market value, drawing in billions in trading volume, while bitcoin hit a record high just hours ahead of the US President-elect's return to the White House.

Trump's crypto token surges to US$11.7b market cap, bitcoin hits record high

TikTok began restoring its services on Sunday after President-elect Donald Trump said he would revive the app's access in the US when he returns to power on Monday.

TikTok restores US service after Trump says 'we have to save it' 

Public Investment Bank Bhd foresees little chance that incoming US President Donald Trump’s administration will fully overturn the decision to impose restrictions on artificial intelligence (AI) chip exports and impose limits on the computing capacity that the US can ship.

Slim chance of Trump 2.0 reversing Biden's proposed AI chip export controls — Public Investment Bank

SEREMBAN (Jan 20): The previously terminated high-speed rail (HSR) project linking Kuala Lumpur and Singapore can only proceed with full participation from the private sector and minimal government funding, Transport Minister Anthony Loke Siew Fook reiterated on Monday.

Minimal govt funding for HSR, revival hinges on private participation, says Loke

The government needs to invest in modern policing technologies to ensure national security remains robust and aligns with international best practices, said Deputy Prime Minister Datuk Seri Dr Ahmad Zahid Hamidi.

Govt needs to invest in modern policing technologies for robust security, says Zahid

Instagram announced a new video editing app, called Edits, on the same day that rival video service TikTok briefly went dark in response to a federal ban. X also touted the launch of a dedicated video tab in its mobile app.

Instagram and Musk’s X tout new video tools on TikTok ban day

Malaysia has called for the creation of an Interpol-style Asean cybercrime task force to facilitate real-time intelligence exchange and regional cooperation in combating digital threats effectively, Deputy Prime Minister Datuk Seri Dr Ahmad Zahid Hamidi said.

Malaysia calls for creation of Asean cybercrime task force to tackle rising digital threats — Zahid

Rakuten Group Inc’s chief dismissed sceptics who call the Japanese e-commerce pioneer’s mobile foray a mistake and said the telecom arm is central for future growth through artificial intelligence.

Rakuten's billionaire founder defends costly mobile foray with big AI bet

NEW YORK (Jan 19): On Saturday night, for the first time in five years, millions of American TikTok users who logged on for a late-night scroll were met with an unwelcome notice that their beloved app had been banned and shut down.

Relieved US TikTok enthusiasts hope 'magic' returns as app is restored

Malaysian Prime Minister Datuk Seri Anwar Ibrahim met leaders of the European Union (EU) at the Europa Building here on Monday.

Upon arriving at the seat of the European Council and Council of the European Union, Anwar, who is here on a two-day working visit to Belgium, met with Kaja Kallas, the High Representative of the Union for Foreign Affairs and Security Policy cum Vice-President of the European Commission.

Anwar meets EU leaders to strengthen Malaysia-EU ties, regional cooperation

The federal government and five others have filed a prohibitory and gag order barring the public from discussing openly the purported addendum seeking to allow former prime minister Datuk Seri Najib Razak to serve the remainder of his six years' jail sentence under house arrest.

Govt files application for a gag and prohibitory order on purported addendum for Najib's house arrest

Tex Cycle Technology (M) Bhd (KL:TEXCYCL) said it is collaborating with waste management and recycling company Xantara Sdn Bhd to enhance scheduled waste management capabilities and expand business opportunities.

Tex Cycle partners with Xantara to enhance scheduled waste management capabilities

Investors prepared to welcome Donald Trump's second inauguration, anticipating benefits from his pro-business agenda, while remaining wary of his protectionist trade policies, particularly his stance on tariffs.

Markets optimistic as Trump returns to White House

Turnkey contractor Fajarbaru Builder Group Bhd (KL:FAJAR) has signed the master purchase and development agreement with Penang Development Corp (PDC) for the first phase of the Penang Medi-City project in Batu Kawan, set to position the state as a regional medical tourism hub.

Fajarbaru Builder to lead Medi-City project in Penang

The pound hit a fresh five-month low versus the euro on Monday, even as it rose against a weakening dollar, as recent economic data and comments from a Bank of England (BOE) official led investors to increase their bets on future BOE rate cuts.

Sterling hits five-month low versus euro on rates outlook

Hong Kong property firm New World Development Co said that it hasn’t been in or started any talks on an overall debt restructuring, as distress deepens across more builders in Greater China.

Hong Kong's New World quashes rumours that it’s in holistic debt restructuring talks

Saudi Arabia’s membership in the BRICS bloc of emerging economies is still being assessed more than a year after the kingdom was invited to join the alliance, according to the country’s minister of economy and planning.

Saudi Arabia still assessing BRICS membership, minister says

Sarawak premier Tan Sri Abang Johari Tun Openg has suggested that Malay associations in the state create a trust fund to manage Malay-owned properties here.

Abang Jo: Set up trust fund to purchase, manage Malay-owned properties within Sarawak

It is a “matter of time” before the privatisation of the country's biggest airport operator, Malaysia Airports Holdings Bhd or MAHB (KL:AIRPORT), is completed after multiple delays, Khazanah Nasional Bhd managing director Datuk Amirul Feisal Wan Zahir said.

Khazanah MD says MAHB buyout completion a ‘matter of time’

KUALA LUMPUR (Jan 20): A proposal to convert private lease scheme land to freehold status in Medini Iskandar in Johor, will significantly boost Sunway Bhd’s (KL:SUNWAY) land value and gross development value, according to an analyst.

Sunway to get significant boost from Medini land conversion offer, HLIB says

Convenience store chain operator 7-Eleven Malaysia Holdings Bhd (KL:SEM), in which Berjaya Group founder Tan Sri Vincent Tan&nbsp;Chee Yioun owns a 28.07% stake, said on Monday it is setting up 100 original cash recycling machines (CRMs)&nbsp;at its outlets across Malaysia.

7-Eleven Malaysia to set up 100 Seven Bank cash recycling machines at its outlets

AHAM Asset Management Bhd (AHAM Capital) has declared a total income distribution of RM1.11 billion for the financial year 2024 (FY2024), covering 89 wholesale and retail funds.

AHAM Capital declares RM1.11b income distribution for FY2024

Malaysia’s exports continued their expansionary trajectory in 2024, driven by strong performances in both manufactured and agricultural products, official data on Monday showed.

Malaysia's 2024 trade jumps 9.2% to record high; exports top RM1 tril for fourth straight year

WHILE it’s hard to say if the worst is over for a number of beaten-down blue chips, market experts believe it is a matter of time before things look up on the back of strong investment flows.

In fact, some fund managers and analysts are of the view that some of the stocks’ undemanding v...

Better days ahead for beaten-down big caps on Bursa 

Turnkey contractor Fajarbaru Builder Group Bhd (KL:FAJAR) has signed the master purchase and development agreement&nbsp;with Penang Development Corp (PDC) for the first phase of the Penang Medi-City project in Batu Kawan, set to position the state as a regional medical tourism hub.

President-elect Donald Trump is poised to invoke emergency powers as part of his plan to unleash domestic energy production while seeking to reverse President Joe Biden’s actions to combat climate change, according to people familiar with the matter.&nbsp;

Trump to declare national energy emergency, unlocking new powers — Bloomberg

Jendela Pinggiran Sdn Bhd (JPSB) — a subsidiary of SRC International Sdn Bhd allegedly set up to carry out corporate social responsibility (CSR) activities and received RM43.96 million of SRC funds in 2015 — was used as former Umno president Datuk Seri Najib Razak’s “slush fund”, the High Court heard on Monday.

SRC's sham CSR subsidiary used as Najib’s RM43.96 mil slush fund, court hears

SRC International Sdn Bhd’s lawsuit against Umno went to trial on Monday after both parties failed to reach an out-of-court settlement.

SRC and Umno fail to reach settlement in RM19.5 mil civil suit, trial starts

Malaysia Airports Holdings Bhd or MAHB&nbsp;(KL:AIRPORT),&nbsp;which&nbsp;is in the midst of&nbsp;a privatisation exercise, said that the group is “almost there” for the resumption of its aerotrain services at the Kuala Lumpur International Airport (KLIA), following a near two-year suspension.

‘We are almost there’ for aerotrain op resumption, says MAHB amid delays

KUALA LUMPUR (Jan 20): Bursa Malaysia Bhd (KL:BURSA) will likely report a 37%-39% net profit growth for 2024, even as earnings may decline in the final three months on a quarter-on-quarter basis, CIMB Securities said.

Bursa Malaysia to report 37%-39% net profit growth in 2024, CIMB estimates

Local institutions remained net buyers for the 13th consecutive week on Bursa Malaysia, with net purchases of RM797.8 million, according to MIDF Amanah Investment Bank Bhd (MIDF).

MIDF: Local institutions maintain buying streak on Bursa for 13th straight week

KUALA LUMPUR (Jan 20): The US’ restriction on artificial intelligence (AI) chip exports is expected to have a limited impact on Malaysia’s semiconductor companies, which are primarily involved in assembly and testing, according to Nomura Asset Management Malaysia managing director and country head Leslie Yap.

KUALA LUMPUR (Jan 20): ACE Market-bound Northern Solar Holdings Bhd is expected to continue delivering its above-average net profit margin on lower global solar-panel prices, said PublicInvest Research.

ACE Market-bound Northern Solar’s fair value at RM1, margins above average — PublicInvest

Former prime minister Datuk Seri Najib Razak said that he did not intimidate KPMG’s ex-managing partner Datuk Johan Idris to close the pending audit of 1Malaysia Development Bhd (1MDB) in 2013.

1MDB-Tanore: Najib says didn't intimidate KPMG auditor

CBH Engineering Holdings Bhd, a mechanical and electrical (M&amp;E) engineering services provider for substations, is expected to make its debut this Thursday (Jan16), which would make it the second company to list on Bursa Malaysia this year.

The ACE Market-bound company's initial publ...

IPO Watch: CBH Engineering rides on data centre boom, IPO to raise RM83 mil

Former prime minister Datuk Seri Najib Razak reiterated in court on Monday that he did not take instructions from fugitive Low Taek Jho (Jho Low).

Najib says he did not follow Jho Low's instructions

Dialog Group Bhd’s (KL:DIALOG) proposed subscription of a 27.78% stake in Regas Terminal Sdn Bhd (RGTP), which has an air separation unit (ASU) project in Pengerang, is expected to raise its associate contribution by RM5 million to RM10 million a year, said Maybank Research.

Dialog to see up to RM10m in annual earnings from Pengerang ASU venture — Maybank

Former prime minister Datuk Seri Najib Razak testified in court that he didn't report the purportedly forged signatures on documents related to 1Malaysia Development Bhd (1MDB).

Najib agrees no report lodged on purportedly fake signatures on 1MDB documents

SEREMBAN (Jan 20): The previously terminated high-speed rail (HSR) project linking Kuala Lumpur and Singapore can only proceed with full participation from the private sector and minimal government funding, Transport Minister Anthony Loke Siew Fook reiterated on Monday.

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