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PIP To Contribute To Malaysia-Thailand US$30 Bln Trade Target

PADANG BESAR, May 30 (Bernama) -- The government is confident that the development of the Perlis Inland Port (PIP) will contribute significantly towards achieving the Malaysia-Thailand bilateral trade target, which is projected to reach US$30 billion by next year.

RAM Ratings Positive On Malaysia’s Power Sector Amid Robust Prospects

KUALA LUMPUR, May 29 (Bernama) -- RAM Rating Services Bhd (RAM Ratings) has maintained a positive outlook on Malaysia’s power sector as the country’s energy transition gains momentum.

West Asia Conflict Drags Global Air Passenger Demand Down 3.4 Pct In April 2026 -- IATA

KUALA LUMPUR, May 28 (Bernama) -- The West Asia conflict dragged down total air passenger demand, measured in revenue passenger kilometres (RPK), by 3.4 per cent year-on-year (y-o-y) in April 2026, according to the International Air Transport Association (IATA).

Global Air Cargo Demand Up 4.0 Pct In April, Led By Asia-Pacific Airlines -- IATA

KUALA LUMPUR, May 28 (Bernama) -- Total demand of global air cargo, measured in cargo tonne-kilometres, increased by 4.0 per cent in April 2026, compared to April 2025 levels (4.0 per cent for international operations), according to the International Air Transport Association (IATA).

Pharmaniaga Bags RM281.7 Mln Contract From Health Ministry To Supply Human Insulin

KUALA LUMPUR, May 28 (Bernama) -- Pharmaniaga Bhd, through wholly-owned subsidiary Pharmaniaga LifeScience Sdn Bhd (PLS), has secured a three-year contract valued at RM281.7 million from the Ministry of Health for the supply of human insulin to healthcare facilities nationwide.

viaim Secures 100 Mln Chinese Yuan Funding Round Backed By Transsion

KUALA LUMPUR, May 28 (Bernama) -- Artificial intelligence (AI)-driven workplace hardware company, viaim has secured an A+ funding round worth about 100 million Chinese yuan, with Transsion Holdings joining as a strategic investor as the companies partner to develop AI-powered assistant hardware. (100 Chinese yuan = RM58.66)

NCER To Drive High-value Investment Via Border Development

KANGAR, May 28 (Bernama) — The Northern Corridor Economic Region (NCER) has intensified the strategic development of the Malaysia–Thailand border area to attract high-value investments, while strengthening the northern region’s position as a new global supply chain hub based on the “China +1” strategy.

CIMB Group Net Profit Falls 2.9 Pct To RM1.91 Bln In 1Q 2026

KUALA LUMPUR, May 26 (Bernama) -- CIMB Group Holdings Bhd’s net profit for the first quarter ended March 31, 2026 (1Q 2026) fell 2.9 per cent to RM1.91 billion from RM1.97 billion in the same period a year ago.

TNB Remains Resilient, Focuses On Stable Supply And Value For The Rakyat

KUALA LUMPUR, May 25 (Bernama) -- Tenaga Nasional Bhd (TNB) today announced its financial performance for the first quarter of the financial year ended March 31, 2026 (1Q FY2026), underscoring the group’s continued commitment to strengthening Malaysia’s energy security, enhancing grid resilience and delivering long-term value to the nation and the rakyat.

Gamuda’s Tasmanian Solar, Wind Projects Selected Under Australia’s Capacity Investment Scheme

KUALA LUMPUR, May 25 (Bernama) -- Gamuda Bhd’s unit, Gamuda Renewable Pty Ltd’s (Gamuda Renewables) two Tasmanian projects, namely the 200 megawatt (MW) Weasel Solar Farm and 341 MW Cellars Hill Wind Farm, were among the 19 successful projects selected under Australia’s Capacity Investment Scheme.

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.