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Malaysia Consumes 700,000 Barrels Of Oil Per Day, Double The Daily Production -- MOF

KUALA LUMPUR, April 18 (Bernama) -- Malaysia still needs to import crude oil despite having its own oil production because domestic consumption is much higher, at about 700,000 barrels per day, compared to the 350,000 barrels produced per day, according to the Finance Ministry (MoF).

PayNet To Expand Cashless Initiatives Across More Tertiary Institutions

KUALA LUMPUR, April 15 (Bernama) -- Payments Network Malaysia Sdn Bhd (PayNet) plans to expand its cashless payment initiatives to more tertiary education institutions, in collaboration with universities and student councils, as part of efforts to deepen digital payment adoption among students.

Energy Crisis: Sea And Land Transport Sectors Remain Relatively Stable - Akmal Nasrullah

KUALA LUMPUR, April 14 (Bernama) -- Malaysia’s sea and land transport sectors remain relatively stable, particularly in cargo handling and public transport passenger movement, despite the ongoing global energy crisis.

Hydroshoppe, Director Seek To Transfer Bribery Case To High Court

KUALA LUMPUR,  April 14 (Bernama) -- Hydroshoppe Sdn Bhd and its director are seeking to transfer to the High Court the trial of a high-profile bribery case involving an offer of RM500,000 annually over 15 years in connection with the takeover of the Kuala Lumpur Tower (KL Tower) concession.

TNB Actively Operationalising Its Target Of 70 Pct Renewable Energy Capacity By 2050

KUALA LUMPUR, April 13 (Bernama) -- Tenaga Nasional Bhd (TNB) is actively operationalising its roadmap to achieve 70 per cent renewable energy (RE) capacity by 2050, chief sustainability officer Leo Pui Yong said.

JS-SEZ Drives Collaboration, Positions Johor As Regional Digital, Investment Hub

JOHOR BAHRU, April 12 (Bernama) -- Strong multi-stakeholder collaboration, anchored on a holistic ecosystem approach, is set to accelerate Johor’s economic transformation, particularly through the Johor-Singapore Special Economic Zone (JS-SEZ).

Digital Realty Targets About SG$7 Bln Investment In Singapore AI Hub

KUALA LUMPUR, April 9 (Bernama) -- Digital Realty, the world's largest cloud- and carrier-neutral data centre platform, announced plans to invest nearly SG$7 billion in Singapore, reinforcing the city-state’s role as a strategic artificial intelligence (AI) infrastructure hub for Asia Pacific. (SG$1 = RM3.11)

World Bank Raises Malaysia’s 2026 Growth Forecast To 4.4 Pct On Strong Domestic Demand

KUALA LUMPUR, April 9 (Bernama) -- The World Bank Group has raised Malaysia’s economic growth forecast for 2026 to 4.4 per cent from 4.1 per cent, citing resilient domestic demand, its lead economist for Malaysia, Apurva Sanghi, said.

Binastra, Eco-Shop, Kelington Among Top Companies For ESG Investment In 2026 -- RHB IB

KUALA LUMPUR, April 7 (Bernama) -- RHB Investment Bank Bhd (RHB IB) has selected five Malaysian companies, namely Binastra Corporation Bhd, Eco-Shop Marketing Bhd, Kelington Group Bhd, LAC Med Bhd, and MR DIY Group (M) Bhd, as its top environmental, social, and governance (ESG) investment “Diamonds in the Rough” for 2026.

AirAsia Holds Off On Fuel Hedging Amid Price Surge, Eyes Demand Upside

KUALA LUMPUR, April 6 (Bernama) -- AirAsia has not engaged in fuel hedging despite plans to do so, as rising oil prices and financial constraints hinder the airline’s ability to secure costs.

Airwallex Gains BNM Approval For Full Payment Services In Malaysia

KUALA LUMPUR, April 1 (Bernama) -- Airwallex, a global financial and payments platform, has secured approval from Bank Negara Malaysia (BNM) for its e-money issuing and Class A licences, enabling it to roll out a full suite of payment services in the country.

Airwallex Secures BNM Approval For E-money, Class A Licences In Malaysia

KUALA LUMPUR, April 1 (Bernama) -- Global financial and payments platform, Airwallex, has received approval from Bank Negara Malaysia (BNM) for its e-money issuing and Class A licences, which will provide a complete suite of payment services in Malaysia.