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‘One-time opportunity’: Why South Korea is betting big on the AI chip boom
SEOUL, June 29 — Huge demand for the components that power artificial intelligence presents South Korea with an opportunity to bolster its chip industry against rivals such as China, analysts say. Seoul announced today massive investments, including for new semiconductor
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Puad claims secret Umno‑PAS talks bred overconfidence, now BN faces precarious situation
JOHOR BAHRU, June 29 — Former Johor assembly speaker Datuk Mohd Puad Zarkashi claimed that the secret plot between Umno and PAS to form a political partnership for the Johor and Negeri Sembilan state elections had led to the former
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Cigarette giant BAT goes on corporate diet to shed 20pc workforce weight, save £600m
LONDON, June 29 — British American Tobacco announced sweeping global job cuts on Monday, saying it will eliminate 5,500 positions and outsource a further 3,500 roles as part of a wide cost-cutting overhaul. The maker of Lucky Strike and Dunhill
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Anwar unveils Malaysia Digital 2030: Targets 30pc GDP, 500,000 jobs, 95pc services online by 2030
PUTRAJAYA, June 29 — Prime Minister Datuk Seri Anwar Ibrahim today launched Malaysia Digital 2030 (MD2030), a national action plan for 2026-2030 that marks a major shift in the country’s digital strategy from being a technology consumer to a producer
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Cabinet greenlights MH370 deep-sea search extension with Ocean Infinity for another year, search to resume July 1, says Anthony Loke
KUALA LUMPUR, June 29 — The government has agreed to extend its agreement with UK-based Ocean Infinity for another 12 months to continue deep-sea efforts to locate Malaysia Airlines flight MH370 in the southern Indian Ocean. Transport Minister Loke Siew
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AI’s next bottleneck isn’t chips — it’s the weather
ZURICH, June 29 — The race to build more artificial intelligence data centres is running into an increasingly expensive obstacle: extreme weather. Record-breaking heatwaves, floods, wildfires and violent storms are emerging as major risks to the facilities powering AI, raising
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Britain’s PM-in-waiting Andy Burnham unveils vision to reshape the economy
LONDON, June 29 — The frontrunner to become Britain’s next prime minister, Andy Burnham, plans to lay out his economic agenda on Monday, in his first major policy announcement since Keir Starmer resigned as premier last week. Burnham is currently
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New IIA Malaysia, BAC partnership aims to grow country’s internal audit talent pool
KUALA LUMPUR, June 29 — The Institute of Internal Auditors Malaysia (IIA Malaysia) and BAC Education Group have signed a Memorandum of Understanding to strengthen the country’s internal audit talent pipeline amid concerns over skills shortages in key professional fields.
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Putrajaya says shielding SMEs from war fallout top priority, RM700m in financial help already given up to June
KUALA LUMPUR, June 29 — Bank Negara Malaysia had approved over RM700 million in relief financing up to June, Economy Minister Akmal Nasir Nasrullah told Parliament this morning, as he pledged to make protection of small and medium businesses from
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Housing mismatch persists as 32,800 unsold homes worth RM16.3b recorded in Q1 2026, Dewan Rakyat told
KUALA LUMPUR, June 29 — Malaysia is facing a continued mismatch in the housing market, with tens of thousands of completed homes remaining unsold even as affordability challenges persist, the Ministry of Housing and Local Government told Dewan Rakyat today.
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