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LSH Capital Receives RAC Letter Of Offer For RM197.9 Mln Land Project

KUALA LUMPUR, May 15 (Bernama) -- Lim Seong Hai Capital Bhd (LSH) has received an offer letter from Railway Assets Corporation (RAC) for the proposed sale and development of two parcels of land with a combined value of RM197.90 million in Petaling, Selangor.

Taiwan’s ALP Launches RM500 Mln Smart Cold Chain Facility In Shah Alam

KUALA LUMPUR, May 15 (Bernama) -- Taiwan property developer and operator of smart logistics infrastructure company, Ally Logistic Property (ALP), has launched its first purpose-built smart cold chain facility in Malaysia and second OMEGA project in the Klang Valley for approximately RM500 million.

Malaysia's External Position To Stay Resilient Amid Geopolitical Uncertainty -- Kenanga Investment

KUALA LUMPUR, May 15 (Bernama) -- Malaysia’s external position should remain resilient despite heightened geopolitical uncertainty and the ongoing US-Iran conflict, said Kenanga Investment Bank Bhd. 

Ringgit Closes Mostly Higher Against Major Currencies On Strong GDP Data

By Abdul Hamid A Rahman

KUALA LUMPUR, May 15 (Bernama) -- The ringgit closed mostly higher against major currencies after Bank Negara Malaysia announced that Malaysia’s economy expanded by 5.4 per cent in the first quarter of 2026 (1Q 2026), exceeding the advance estimate of 5.3 per cent, driven by robust domestic demand, investment activities and exports.

KAF Investment Funds Launches New Global Islamic Equity Fund

KUALA LUMPUR, May 15 (Bernama) -- KAF Investment Funds Bhd (KIFB) has launched the KAF Global Islamic Equity Fund (KGIEF), aimed at providing investors with strategic exposure to Shariah-compliant equities.

Bursa Malaysia Ends Lower, Tracking Weak Regional Sentiment

By Siti Noor Afera Abu

KUALA LUMPUR, May 15 (Bernama) -- Bursa Malaysia ended the day on a low note, in line with the weaker regional market sentiment as investors adopted a cautious stance amid renewed concerns over rising global oil prices and potential inflationary spillover across major economies.

Russia Highlights Expanding Partnership With Islamic Countries

From Nurunnasihah Ahmad Rashid

KAZAN (Russia), May 15 (Bernama) -- Russia signalled its commitment to ongoing cooperation with Islamic countries in sectors including energy, industry, information technology (IT), construction, agriculture, finance, education, healthcare and tourism.

Mobix Labs Moves Into Rare Earths With Proposed SPD Acquisition

KUALA LUMPUR, May 15 (Bernama) -- Mobix Labs Inc has signed a non-binding Letter of Intent to acquire Special Project Delivery LLC (SPD), a strategic infrastructure platform focused on building sovereign United States (US) supply chains for rare earth elements, critical minerals, and energy storage.

Central Bank Has Priced Potential Scenarios For West Asia Conflict Into 2026 Growth, Inflation Forecasts - Governor

KUALA LUMPUR, May 15 (Bernama) -- Bank Negara Malaysia (BNM) has already priced in potential scenarios from the ongoing West Asia conflict into its 2026 growth and inflation forecasts, Governor Datuk Seri Abdul Rasheed Ghaffour said today.

Trade Remains Key Driver Of Development - Mohamad Hasan

From Mohd Khairi Idham Amran

NEW DELHI, May 15 (Bernama) -- Malaysia believes that trade remains a key driver of development and increasing South-South trade should be further harnessed, Foreign Minister Datuk Seri Mohamad Hasan said.

Malaysia Should Focus On Macroeconomic Stability While Safeguarding Critical Buffers - BNM

KUALA LUMPUR, May 15 (Bernama) -- Malaysia's near-term policy priorities should focus on preserving macroeconomic stability while safeguarding critical buffers amidst the global supply shock due to the West Asia conflict. 

Bursa Malaysia Lower At Midday, Tracking Regional Peers Amid US-China Summit Watch

KUALA LUMPUR, May 15 (Bernama) -- Bursa Malaysia ended the morning trading session lower, tracking weaker regional market performance as investors remained cautious and kept a close watch on developments from the US-China Summit.