Commodity Prices To Rise 23 Pct This Year, Further Supply Shocks Expected As Oil Stocks Depleted - World Bank

KUALA LUMPUR, Oct 28 (Bernama) -- Commodity prices are set to rise 23 per cent in 2026 as global shocks mount with the West Asia conflict having drawn down oil inventories and is set to push energy prices to a four-year high, according to the World Bank Group’s latest Commodity Markets Outlook released today. 

Ann Joo Unit Bags RM61.89 Mln Solar Subcontract Deal

KUALA LUMPUR, Oct 28 (Bernama) -- Ann Joo Resources Bhd’s (AJR) indirect wholly owned subsidiary, IAC Infrastructure Sdn Bhd (IACI), has entered into a subcontract agreement worth RM61.89 million.

Malaysia’s Digital Economy To Reach US$48 Bln GMV In 2026, Matching Vietnam’s Growth

KUALA LUMPUR, Oct 28 (Bernama) -- Malaysia’s digital economy is projected to reach US$48 billion (US$1=RM4.08) in gross merchandise value (GMV) this year, according to the 11th edition of the annual e-Conomy SEA Report 2026. 

Berjaya Construction To Undertake RM1.2 Bln Sanglang Port Development Project

KUALA LUMPUR, Oct 28 (Bernama) -- Berjaya Construction Bhd is set to undertake the design-and-build works for the Sanglang Port development project in Perlis, which has an estimated total development cost of RM1.2 billion, including initial construction costs of RM675 million.

Sabah's Federal Development Expenditure At 71.78 Pct As Of Oct 26

KOTA KINABALU, Oct 28 (Bernama) -- Sabah's federal development expenditure performance has increased to 71.78 per cent as of Oct 26, up from 52.07 per cent on Aug 10 this year, said Chief Minister Datuk Seri Hajiji Noor.

Vertex Material, Sky-Dweller Ink US$2.2 Bln Offtake Agreement To Expand Into India

KUALA LUMPUR, Oct 28 (Bernama) -- Vertex Material, a Malaysian advanced materials company, has signed a 15-year offtake agreement valued at approximately US$2.2 billion with US-based Sky-Dweller Construction LLC to expand their existing commercial partnership in the United States and Canada into India.

Malaysia Calls For Stronger Global Cooperation To Ensure Gas Supply Security

KUALA LUMPUR, Oct 28 (Bernama) -- Malaysia has called for stronger international cooperation to ensure stable global gas markets and reliable energy supplies, emphasising that energy security is fundamental to industrial competitiveness, investment confidence and sustainable economic growth.

Bursa Malaysia 3Q Net Profit Rises 10 Pct To RM70.20 Mln

KUALA LUMPUR, Oct 28 (Bernama) -- Bursa Malaysia Bhd’s net profit rose 10 per cent to RM70.20 million in the third quarter ended Sept 30, 2026 (3Q2026), from RM63.84 million a year earlier.

Nuclear Power Could Strengthen Malaysia’s Low-carbon, Reliable Energy Mix

SINGAPORE, Oct 28 (Bernama) -- Nuclear power could be a viable long-term addition to Malaysia’s energy mix, complementing renewable energy to deliver a system that is low-carbon, environmentally sustainable, secure and reliable.

H2O.ai’s New Forecasting Model Tops Benchmark Leaderboard

KUALA LUMPUR, Oct 27 (Bernama) -- H2O.ai, the trusted Sovereign AI Platform, has released TimeH2O-v1, a time-series foundation model for forecasting that ranks first of 32 models on the fev-bench leaderboard by win rate.

SG4 Growth Targets Must Be Supported By Implementation Capacity -- Akmal Nasrullah

KUALA LUMPUR, Oct 27 (Bernama) -- The economic growth target of up to seven per cent per year for Kedah, Kelantan, Terengganu, and Perlis states (SG4) must be supported by implementation capacity, said Economy Minister Akmal Nasrullah Mohd Nasir.

TNB Commits To Connect Approved Data Centres To The Grid Within One Year

From Rosemarie Khoo Mohd Sani

SINGAPORE, Oct 27 (Bernama) -- Tenaga Nasional Bhd (TNB) has committed to connecting approved data centres to the electricity grid within one year, as Malaysia strengthens its domestic network to keep pace with rising power demand and regional electricity connectivity.