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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 Strength, IMF GDP Forecast Signal Global Confidence In Malaysia’s Economy — Muhammad Kamil

KUALA LUMPUR, May 2 (Bernama) -- The continued strengthening of the ringgit and the improved economic projections by the International Monetary Fund (IMF) indicate the fundamental strength of the country's economy and investor confidence in the direction of the Malaysia MADANI administration.

Azizan Abdul Aziz Named Bursa Malaysia's Islamic Capital Market Director

KUALA LUMPUR, May 1 (Bernama) -- Bursa Malaysia Bhd has appointed Azizan Abdul Aziz as director of its Islamic capital market (ICM) effective today.

AI, Digital Infrastructure Investment Key To Malaysia's Economic Transformation - Expert

By Mohamad Syazwan Mustafa

JOHOR BAHRU, April 30 (Bernama) -- Artificial intelligence (AI) and a surge in digital infrastructure investment, particularly data centres, are expected to be key drivers of Malaysia's economic growth over the next five to 10 years, thus reshaping the country's economic structure from a labour-intensive model to a high-value technology and data-based economy.

KPS Consortium's Subsidiary To Acquire Rawang Industrial Assets For RM45.5 Mln

KUALA LUMPUR, April 30 (Bernama) -- KPS Consortium Bhd’s (KPSCB) wholly-owned subsidiary, KPS Plywood Sdn Bhd, has entered into three separate sale and purchase agreements with Nautical Wealth Sdn Bhd (in liquidation) to acquire several properties in Rawang, Selangor, for RM45.5 million.

HSBC Expects BNM To Hold OPR At 2.75 Pct In May

KUALA LUMPUR, April 30 (Bernama) -- The Hongkong and Shanghai Banking Corporation Ltd (HSBC) has forecast that Bank Negara Malaysia (BNM) would hold its Overnight Policy Rate (OPR) steady at 2.75 per cent in May as Malaysia's economic data remains resilient.

Bina Darulaman Strengthens Focus On Core Business To Drive Long-Term Growth

KUALA LUMPUR, April 30 (Bernama) -- Bina Darulaman Bhd (BDB) is strengthening its focus on core businesses and operational discipline as part of a comprehensive recovery plan to restore profitability, improve execution and build a more resilient platform for long-term growth.

Petronas Inks Deal With Japan's Eneos For 10 Pct Stake In MLNG Tiga, Strengthen LNG Supply Ties

KUALA LUMPUR, April 30 (Bernama) -- Malaysia’s national oil and gas company Petroliam Nasional Bhd (Petronas) has signed definitive agreements with Japan-based oil and gas company ENEOS Xplora.

PIAM Re-Elects Ng Kok Kheng As Chairman For 2026-2028 Term

KUALA LUMPUR, April 30 (Bernama) -- Persatuan Insurans Am Malaysia (PIAM) has re-elected Ng Kok Kheng as its chairman for the 2026-2028 term, effective April 29, 2026. 

Global Air Cargo Demand Falls By 4.8 Pct In March - IATA

KUALA LUMPUR, April 29 (Bernama) -- Global demand for international air cargo, measured in cargo tonne-kilometres (CTK), fell by 4.8 per cent in March this year compared with March 2025 levels (-5.5 per cent for international operations), said the International Air Transport Association (IATA).

Labuan Seeks Equal Duty-Free Treatment As Langkawi

LABUAN, April 29 (Bernama) -- Labuan’s duty-free status should be given equal consideration for full restoration, in line with the proposal being studied for Langkawi, to support the island’s tourism, retail and business sectors, the Labuan Corporation (LC) Advisory Council said.

Banking Industry Urges MSMEs Affected By West Asia Conflict To Engage For Support

KUALA LUMPUR, April 29 (Bernama) -- The banking industry is encouraging micro, small and medium enterprises (MSMEs) affected by the ongoing West Asia conflict to engage with their respective banks at an early stage to explore suitable solutions, including repayment assistance, restructuring, and working capital support.