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GE Aerospace Eyes Further Expansion In Malaysia, Asia Pacific

From Kisho Kumari Sucedaram 

BEIJING, May 19 (Bernama) – GE Aerospace plans to further expand its operations in Malaysia and across the Asia Pacific region as it strengthens its maintenance, repair, and overhaul (MRO) capabilities to meet rising global aviation demand.

Ringgit Likely To Trade In 4.26-4.29 Range Next Week - Analyst

By Abdul Hamid A Rahman

KUALA LUMPUR, May 17 (Bernama) -- The ringgit’s outlook remains positive going into next week, with the currency expected to hover in the 4.26-4.29 range against the US dollar, according to SPI Asset Management managing partner Stephen Innes.

Ringgit Slips Against US Dollar On Cautious Sentiment

By Abdul Hamid A Rahman

KUALA LUMPUR, May 16 (Bernama) -- The ringgit closed lower against the US dollar on Friday as cautious sentiment on the local note offset a weaker greenback following softer economic data in the United States.

AI-Media To Showcase Next-Gen Accessibility Solutions At Major Asia Events

KUALA LUMPUR, May 16 (Bernama) -- AI-Media, a leader in artificial intelligence (AI)-powered language solutions, is set to highlight its latest innovations in live captioning and multilingual translation technology at two key industry events in Asia this May – KOBA 2025 in Seoul, South Korea, and Broadcast Asia 2025 in Singapore.

No Decision Yet On EUDR Low Risk Status For Malaysian Palm Oil, Benchmarking Ongoing – Envoy

KUALA LUMPUR, May 16 (Bernama) -- The European Union (EU) has yet to determine whether Malaysia will be classified as a low risk country under its upcoming country benchmarking system for the EU Deforestation Regulation (EUDR), said EU Ambassador to Malaysia Rafael Daerr.

Prasarana, UNGCMYB To Launch Digital Platform To Assist Over 5,000 SMEs

PETALING JAYA, May 16 (Bernama) -- Prasarana Malaysia Bhd will launch a dedicated digital platform, Vendor ESG (environmental, social and governance) Hub, to support over 5,000 small and medium enterprises (SMEs) Prasarana vendors to access training, tools, and resources.

Ringgit Continues To Improve Ahead Of Malaysia's 1Q GDP Announcement

By Engku Shariful Azni Engku Ab Latif

KUALA LUMPUR, May 16 (Bernama) -- The ringgit has continued its positive momentum, opening stronger against the US dollar this morning, ahead of Malaysia’s first quarter (1Q) 2025 gross domestic product (GDP) announcement today, an analyst said.

HLIB Optimistic On Malaysia's RE Sector, Retains 'Overweight' Call

KUALA LUMPUR, May 15 (Bernama) -- Hong Leong Investment Bank Bhd (HLIB) is optimistic about Malaysia’s renewable energy (RE) sector due to its strong structural themes and positive earnings growth cycle, maintaining its ‘overweight’ call on the industry.

Russia Sees Prospects For Joint Ventures With Malaysia In Oil & Gas, Nuclear Energy

KUALA LUMPUR, May 14 (Bernama) -- Russian President Vladimir Putin said he sees prospects for joint ventures between Russia and Malaysia in the fields of natural gas and nuclear energy.

Yili Accelerates Regional Presence In Asia Amid Rising Demand

From Kisho Kumari Sucedaram

INNER MONGOLIA, May 14 (Bernama) -- Chinese dairy giant Yili Group is accelerating its regional presence in Asia, backed by strong financial results for the financial year 2024 (FY2024) and growing demand for dairy products across key Southeast Asian markets.

Malaysia Imposes Anti-Dumping Duties On Flat-Rolled Products From Four Countries

KUALA LUMPUR, May 13 (Bernama) -- Malaysia has decided to impose definitive anti-dumping duties on the importation of certain flat-rolled products of iron or non-alloy steel from China, India, Japan and South Korea following an investigation to determine the existence, degree and effect of alleged dumping of such products from these countries.

reNIKOLA Inks MoU With Sumitomo To Develop Bioenergy Projects In Malaysia, Indonesia

KUALA LUMPUR, May 13 (Bernama) -- Renewable energy company reNIKOLA Holdings Sdn Bhd has signed a memorandum of understanding (MoU) with Japanese trading house Sumitomo Corporation to jointly develop large-scale bioenergy projects in Malaysia and Indonesia.