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Asian Development Bank, Labuan Chamber Of Commerce Discuss Labuan's Potential Economic Growth

By Jailani Hasan

LABUAN, May 22 (Bernama) -- The Asian Development Bank (ADB) held a strategic engagement session with the Labuan Chamber of Commerce (LCC) to explore Labuan’s potential as a regional platform capable of supporting economic growth and connectivity across Asian countries.

Johor Super Lane Speeds Up Projects, Supports Investment Target Of RM140 Bln

JOHOR BAHRU, May 22 (Bernama) -- The Johor Super Lane (JSL) initiative, a fast-track mechanism that has cut the operational timeline for industrial projects to just 11 months, is expected to be a key driver in helping the state achieve its RM140 billion investment target this year.

Maybank Honours Winners Of 9th MyTIGER Values Art Competition At Stadium Merdeka

KUALA LUMPUR, May 22 (Bernama) -- Maybank Group’s social impact arm, Maybank Foundation, recently honoured winners of its 9th MyTIGER Values Art Competition and Exhibition (MTVACE) 2026 at Stadium Merdeka, showcasing artworks by 36 students from across the country.

Awantec Maintains Profitability In 1Q, Advances AI, Digital Transformation Initiatives

KUALA LUMPUR, May 22 (Bernama) -- AwanBiru Technology Bhd (Awantec) posted a profit after tax (PAT) of RM1.5 million for the first quarter ended March 31, 2026 (1Q 2026), supported by sustained contributions from the group’s core operations and its strategic expansion into delivering artificial intelligence (AI) solutions for key accounts.

DRB-HICOM 1Q Net Profit More Than Doubles To RM45 Mln

KUALA LUMPUR, May 21 (Bernama) -- DRB-HICOM Bhd’s net profit more than doubled to RM45 million in the first quarter ended March 31, 2026 (1Q) from RM17.72 million in the same period last year.

MNRB FY2026 Profit Soars To RM545.39 Mln, Sets New Earnings Benchmark

KUALA LUMPUR, May 21 (Bernama) -- MNRB Holdings Bhd’s net profit rose to RM545.39 million for the financial year ended March 31, 2026 (FY2026) from RM394.25 million in the preceding year.

Labuan IBFC Inc, ASAS Collaborate On Islamic Finance Training

KUALA LUMPUR, May 21 (Bernama) -- Labuan IBFC Incorporated Sdn Bhd (Labuan IBFC Inc) has collaborated with the Association of Shariah Advisors in Islamic Finance Malaysia (ASAS) to host a knowledge-sharing session highlighting opportunities in Islamic finance.

TH Plantations’ Net Profit Eases To RM11.62 Mln In 1Q 2026

KUALA LUMPUR, May 21 (Bernama) -- TH Plantations Bhd’s net profit eased by 9.49 per cent to RM11.62 million in the first quarter ended March 31, 2026 (1Q 2026) compared with RM12.84 million in the same period last year.

Audiencerate Appoints Riccardo Fabbri As CTO

KUALA LUMPUR, May 21 (Bernama) -- Audiencerate Ltd, a data activation specialist, has appointed Riccardo Fabbri as Chief Technology Officer (CTO) to lead the company’s artificial intelligence (AI)-driven expansion initiatives.

Thailand’s Asian Re Retains Good Credit Ratings - AM Best

KUALA LUMPUR, May 21 (Bernama) -- Global credit rating agency, AM Best has affirmed the financial strength rating of B++ (Good) and the long-term issuer credit rating of “bbb” (Good) of Thailand’s Asian Reinsurance Corporation (Asian Re).

Digital Trust, Data Security Strategy To Be Presented In 3Q This Year - Gobind

PETALING JAYA, May 21 (Bernama) -- The Digital Trust and Data Security Strategy 2026-2030 is expected to be presented in the third quarter of this year, said Digital Minister Gobind Singh Deo.

TNB: Energy No Longer Just Powers Homes But Also AI, Data Centres

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, May 21 (Bernama) -- Energy is no longer just about powering homes but has become a critical driver of the growing artificial intelligence (AI) ecosystem and the rapid expansion of computing, data centres, advanced manufacturing and electric mobility.