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Atlas Copco Group Invests Tens Of Mlns In New Shah Alam Hub

SHAH ALAM, April 24 (Bernama) -- Atlas Copco Group has invested tens of millions in a new headquarters and integrated facility in Alam Impian here, as part of its expansion in Malaysia and Southeast Asia.

Vietnam’s BMI Ratings Placed Under Review With Negative Implications - AM Best

KUALA LUMPUR, April 24 (Bernama) -- AM Best has placed under review with negative implications the financial strength rating of B++ (Good), the long-term issuer credit rating of “bbb” (Good), and the Vietnam National Scale Rating (NSR) of aaa.VN (Exceptional) of Bao Minh Insurance Corporation (BMI).

AM Best Affirms Taiwan’s Shinkong Insurance Ratings At Excellent

KUALA LUMPUR, April 24 (Bernama) -- AM Best has affirmed the financial strength rating (FSR) of A (Excellent) and the long-term issuer credit rating (ICR) of “a+” (Excellent) of Taiwan’s Shinkong Insurance Company Limited (Shinkong Insurance), with a stable outlook.

Petra Energy Unit Wins Field Operations Contract In Sarawak

KUALA LUMPUR, April 24 (Bernama) -- Petra Energy Bhd’s (PEB) wholly-owned subsidiary, Petra Energy Development Sdn Bhd (PEDSB), has secured a field operations management services contract from Vestigo Petroleum Sdn Bhd for the SK407 production sharing contract (PSC) located offshore Miri, Sarawak.

IceKredit Contributes AI Insights At 3rd RAPA Meeting In Hanoi

KUALA LUMPUR, April 24 (Bernama) -- The third Regional Asian Post Alliance (RAPA) Meeting was held in Hanoi, Vietnam, bringing together postal authorities from Vietnam, Thailand and Indonesia to discuss regional cooperation in logistics, digital commerce and retail connectivity.

IceKredit Calls For Stronger ASEAN Alignment On AI Governance, Adoption

KUALA LUMPUR, April 24 (Bernama) -- IceKredit Chief Growth Officer Kong Chinang called for stronger regional alignment across policy, industry and education to support sustainable and responsible artificial intelligence (AI) adoption in Southeast Asia.

Bursa Malaysia Slightly Higher At Midday, Sustained By Buying Of Heavyweights

KUALA LUMPUR, April 24 (Bernama) -- Bursa Malaysia’s benchmark index ended the morning session slightly higher, supported by sustained buying interest in heavyweights, particularly in the industrial products, utilities and banking stocks.

Slovakia, Finland Target Malaysia’s Artillery To Expand Defence Exports

By Kisho Kumari Sucedaram and Nabilah Saleh

KUALA LUMPUR, April 22 (Bernama) -- Slovakia is intensifying its push to secure a role in Malaysia’s ongoing armed forces modernisation efforts, with Konstrukta Defence positioning its EVA M3 6x6 artillery system as part of a broader strategy to expand export revenues and establish a long-term industrial presence in the country.

Poland Eyes Malaysia As Regional Hub For Cooperation, Sees Huge Potential In High-tech, Defence

By Kisho Kumari Sucedaram

KUALA LUMPUR, April 23 (Bernama) -- Poland sees strong potential to expand its economic and investment footprint in Malaysia, particularly in high-technology, defence and dual-use sectors, positioning the country as a strategic gateway to the wider Southeast Asia region.

Uni-Fuels Posts 70 Pct Revenue Growth In FY2025 Despite Net Loss

KUALA LUMPUR, April 24 (Bernama) -- Uni-Fuels Holdings Limited (Uni-Fuels), a global provider of marine fuel solutions, reported a 70 per cent increase in revenue to US$263.9 million for the fiscal year ended Dec 31, 2025 (FY2025), driven by growth in its core marine fuel trading business. (US$1 = RM3.96)

National Biodiesel Programme Gradually Expanding To B20 -- KPK

KUALA LUMPUR, April 24 (Bernama) -- Malaysia is progressively expanding its National Biodiesel Programme from B10 to B20 for the land transport sector, increasing the biodiesel blend, supported by strong industry readiness, the Ministry of Plantation and Commodities (KPK) said.

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.