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MAG Expects Jet Fuel Prices To Hover At US$120-US$130 Over The Next One Year

By Nurunnasihah Ahmad Rashid

KUALA LUMPUR, May 20 (Bernama) -- Malaysia Aviation Group (MAG) expects jet fuel prices to hover between US$120 and US$130 per barrel over the next one year, based on current forward market indications, as airlines continue navigating geopolitical tensions and fuel supply disruptions affecting the aviation industry. 

Malaysia’s April Trade Hits Record RM336.73 Bln On Strong E&E Exports - MITI

KUALA LUMPUR, May 20 (Bernama) -- Malaysia’s trade rose 28.6 per cent year-on-year (y-o-y) to a record RM336.73 billion in April 2026, driven mainly by strong exports of electrical and electronic (E&E) products, according to the Ministry of Investment, Trade and Industry (MITI).

Gamuda Unit Bags Two EPC Contracts In Australia Worth RM3.12 Bln

KUALA LUMPUR, May 20 (Bernama) -- Gamuda Bhd’s wholly owned subsidiary in Australia, DT Infrastructure, has secured two engineering, procurement and construction (EPC) contracts worth AU$1.1 billion (approximately RM3.12 billion) for the delivery of Smoky Creek and Guthrie’s Gap solar power stations.

GenNx360 Capital Partners Exits Precision Aviation Group In US$2.025 Bln Deal 

KUALA LUMPUR, May 14 (Bernama) -- GenNx360 Capital Partners, a New York-based private equity firm, has agreed to sell its portfolio company, Precision Aviation Group (PAG), to VSE Corporation (VSE) in a transaction valued at approximately US$2.025 billion in cash and equity. (US$1 = RM3.93)

TSplus Showcases Global Strategy At Annual International Meeting In Greece

KUALA LUMPUR, May 11 (Bernama) -- TSplus, a French software company, centred its annual International Meeting on collaboration and shared purpose during a six-day event held in Greece.

Quantum Motion Raises US$160 Mln To Advance Silicon-Based Quantum Computing 

KUALA LUMPUR, May 11 (Bernama) -- Quantum Motion announced a US$160 million Series C funding round to commercialise its silicon transistor-based quantum computing technology designed for scalable and energy-efficient deployment. (US$1 = RM3.91)

Visa Launches Agentic Ready Programme In Asia Pacific To Support Digital Payments Ecosystem

KUALA LUMPUR, May 6 (Bernama) -- Digital payments company Visa has launched the Visa Agentic Ready programme to support the payments ecosystem in the era of agentic commerce.

Ringgit Ends Mostly Firmer Against Major, Regional Currencies Ahead Of MPC Meeting

KUALA LUMPUR, May 5 (Bernama) -- The ringgit ended firmly against most major currencies and regional peers ahead of Bank Negara Malaysia’s (BNM) Monetary Policy Committee (MPC) meeting as its decision is expected to play a critical role in setting the market tone going forward.

AI, Digital Infrastructure Investment Key To Malaysia's Economic Transformation - Expert

By Mohamad Syazwan Mustafa

JOHOR BAHRU, April 30 (Bernama) -- Artificial intelligence (AI) and a surge in digital infrastructure investment, particularly data centres, are expected to be key drivers of Malaysia's economic growth over the next five to 10 years, thus reshaping the country's economic structure from a labour-intensive model to a high-value technology and data-based economy.

AM Best Affirms Guild Insurance Credit Ratings At Excellent

KUALA LUMPUR, April 29 (Bernama) -- Global credit rating agency, AM Best has affirmed the financial strength rating of A- (Excellent) and the long-term issuer credit rating of “a-” (Excellent) of Australia’s Guild Insurance Limited (GIL), with the outlook for both credit ratings (ratings) remaining stable.

Accertify Report Finds Uneven Airline Booking Fraud Risks Across Regions

KUALA LUMPUR, April 24 (Bernama) -- Accertify, in its Global Air Travel Fraud Report: Q1 2026 unveiled that airline booking fraud risks vary significantly by route origin, with higher concentrations of prevented fraud in parts of Latin America, Africa, the Middle East, and South and Southeast Asia.

Fortinet Expands Local SASE Infrastructure In Malaysia

KUALA LUMPUR, April 23 (Bernama) -- Fortinet, a global cybersecurity leader, has reaffirmed its long-term commitment to Malaysia through the deployment of its Malaysia-based Secure Access Service Edge (SASE) Point-of-Presence (PoP).