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West Asia Conflict To Have Lesser Impact On Global Food Commodity Prices -- World Bank

By Nur Athirah Mohd Shaharuddin

KUALA LUMPUR, May 29 (Bernama) -- The World Bank Group says the effect of the West Asia conflict on global food commodity prices in 2026 and 2027 is expected to be smaller compared to the early stages of the Russia-Ukraine conflict under the baseline assumption that supply disruptions in West Asia ease by mid-year.

Ryt Bank Launches Ryt Invest, Offers Shariah-Compliant Investing From RM1

KUALA LUMPUR, May 28 (Bernama) -- Ryt Bank has launched a new in-app investment platform called Ryt Invest, marking a first for digital banking in Malaysia by bringing shariah-compliant investing with zero per cent sales charge.

AIFA Files Form 8-K With Additional Details On Planned HyalRoute Acquisition

KUALA LUMPUR, May 28 (Bernama) -- All In FutureTech Alliance Inc (AIFA) announced it has filed a Current Report on Form 8-K with the United States Securities and Exchange Commission providing supplemental information on its previously announced plan to acquire HyalRoute Fiber Optic Group (HyalRoute) at US$10.00 per share. (US$1 = RM3.96)

Abaxx Sees Early Trading Activity In Silver Singapore Futures

KUALA LUMPUR, May 28 (Bernama) -- Abaxx Technologies Inc (Abaxx), a financial software and market infrastructure company, announced its newly launched physically deliverable Silver Singapore futures contract recorded active trading during its first two trading sessions following its official launch on May 22.

Petronas, Aramco Announce Transfer of Full Ownership of PRefChem To Petronas

KUALA LUMPUR, May 25 (Bernama) -- Petroliam Nasional Bhd (Petronas) and Saudi Arabian Oil Company (Aramco) today announced the signing of an agreement for the transfer of the latter’s equity stakes, held via Aramco Overseas Company B.V., in Pengerang Refining Company Sdn Bhd and Pengerang Petrochemical Company Sdn Bhd (collectively, PRefChem), located within the Pengerang Integrated Complex, Pengerang, Johor to Petronas.

Perak Trade Mission To China Generates Commitments Worth RM1.6 Bln - MB

IPOH, May 25 (Bernama) -- The Perak state government trade and investment mission to China has opened up new prospects and commitments worth more than RM1.6 billion.

Johor Emerges As Cost-efficient Data Centre Alternative To Singapore - Moody’s

KUALA LUMPUR, May 25 (Bernama) -- Malaysia, particularly Johor, has positioned itself as a cost-efficient alternative to Singapore for data centre investments, owing to its relatively abundant land, availability of power infrastructure, and attractive investment incentives.

B15 Implementation In Peninsular Malaysia Will Not Affect Palm Oil Exports -- Noraini

PUTRAJAYA, May 25 (Bernama) -- The B15 biodiesel implementation in Peninsular Malaysia starting June 1 is set to strengthen the country’s energy security without affecting palm oil export volume while also helping to support the local palm oil industry and accelerate the national green agenda.

Bank Islam Offers Integrated Banking Solutions For Malaysian Haj Pilgrims

KUALA LUMPUR, May 12 (Bernama) -- Bank Islam Malaysia Bhd is offering integrated and comprehensive haj banking solutions to help Malaysian pilgrims manage their financial affairs seamlessly, from pre-departure preparations to the performance of haj rituals in Makkah and Madinah.

Malaysia’s Aerospace Workforce Exceeds 35,000 In 2025, Surpassing MAIB 2030 Target

SHAH ALAM, May 22 (Bernama) -- Malaysia’s aerospace, maintenance, repair and overhaul (MRO) and manufacturing sectors have employed more than 35,000 highly skilled workers in 2025, exceeding the initial target of over 30,000 by 2030 set under the Malaysian Aerospace Industry Blueprint 2030 (MAIB 2030).

US$80 Bln For Deployment As Southeast Asia's Green Economy Enters A New Calculus

KUALA LUMPUR, May 22 (Bernama) -- Southeast Asia’s green economy has scaled to US$290 billion (US$1 = RM3.96) this year, but a realisation gap exceeding 35 per cent has opened between announced and deployed green capital expenditure (Capex) across the region’s power and electric vehicles (EV) value chains, according to a recent report by Bain & Company and Standard Chartered.

ADE Secures US$100 Mln Financing From QNB Group To Accelerate Expansion, Strengthen Regional Position

KUALA LUMPUR, May 22 (Bernama) -- Asia Digital Engineering (ADE), the maintenance, repair and overhaul (MRO) subsidiary of Capital A Bhd, has secured a US$100 million (US$1=RM3.95) financing facility from QNB Group, a financial institution in the Middle East and Africa.