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SCIB Gets Shareholder Nod For RM151.19 Mln Disposal Exercise

KUALA LUMPUR, May 4 (Bernama) -- Sarawak Consolidated Industries Bhd (SCIB) has obtained shareholders’ approval for a strategic divestment exercise with a total potential value of RM151.19 million at its extraordinary general meeting (EGM).

AGC Biologics Expands Deal With Novelty Nobility For Antibody Production

KUALA LUMPUR, May 4 (Bernama) -- AGC Biologics, a global biopharmaceutical contract development and manufacturing organisation (CDMO), has expanded its manufacturing agreement with South Korea-based biotech company Novelty Nobility to advance a bispecific antibody drug candidate.

Modon Sells Out Tara Park Project, Nears 2 Bln Emirati Dirham In Sales

KUALA LUMPUR, May 4 (Bernama) -- Modon, an Abu Dhabi-headquartered international holding company, has announced the sell-out of Tara Park on Reem Island, with the project generating nearly two billion Emirati dirham in sales. (100 Emirati dirham = RM107.65)

Pepper Industry Continues To Grow With RM2.27 Bln Contribution In 2025

KUCHING, May 4 (Bernama) -- The country’s pepper industry has recorded positive growth with revenue contribution rising to about RM2.27 billion last year from RM2.24 billion in 2024, said Minister of Plantation and Commodities Datuk Seri Dr Noraini Ahmad.

OTC Markets Taps JP Chan To Lead APAC Operations Amid Regional Growth

KUALA LUMPUR, May 4 (Bernama) -- OTC Markets Group, an operator of regulated markets for more than 12,000 United States (US) and international securities, has appointed JP Chan as Senior Vice President and Regional Head for Asia-Pacific (APAC) as it expands its presence in the region.

Malaysia Must Strive To Become Tech Nation To Address Low Wage Issue -- Liew

ISKANDAR PUTERI, March 4 (Bernama) -- Malaysia needs to shift from being perceived mainly as a trading nation to a technology-driven country by striving to produce its own technological innovations in order to tackle the issue of low wages in the country.

LPA, MIMA Ink MoU To Strengthen Maritime Cooperation

By Jailani Hasan

LABUAN, May 4 (Bernama) -- The Labuan Port Authority (LPA) has signed a memorandum of understanding (MoU) with the Maritime Institute of Malaysia (MIMA) to strengthen cooperation, knowledge sharing and strategic collaboration in the maritime sector.

Digital China Summit Showcases AI, Data Innovation In Fuzhou

KUALA LUMPUR, May 4 (Bernama) -- The Ninth Digital China Summit was held in Fuzhou, Fujian Province, featuring more than 50 dialogue sessions and over 100 related activities focused on advancing digital technology development.

Malaysia Must Expand Green Finance, Tech Capacity - World Bank

KUALA LUMPUR, May 4 (Bernama) -- Malaysia must expand green finance, strengthen local tech capacity, as well as broaden participation across sectors and regions to fully leverage the global shift towards sustainability and turn climate risk into a competitive edge in green value chains. 

Investor Confidence In Johor Remains Firm Amid Global Supply Crisis - Onn Hafiz

ISKANDAR PUTERI, May 4 (Bernama) -- Investor confidence in Johor remains strong even though the country is currently facing considerable challenges with the global supply crisis, said Johor Menteri Besar Datuk Onn Hafiz Ghazi.

Labuan Corporation To Focus On Business Ventures To Drive Sustainable Growth

LABUAN, May 4 (Bernama) -- Labuan Corporation (LC) is stepping up efforts to participate directly in business ventures through asset capitalisation, as part of a broader strategy to achieve long-term financial sustainability and reduce reliance on annual government grants.

Ringgit Opens Higher Against US Dollar Ahead Of OPR Announcement

KUALA LUMPUR, May 4 (Bernama) -- The ringgit opened higher against the US dollar on the first trading day of May, with the upcoming Bank Negara Malaysia (BNM) Monetary Policy Committee (MPC) meeting later this week, developments in the United States–Iran conflict and the release of the US non-farm payroll (NFP) data expected to set the tone for the market.