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AM Best Affirms Vietnam National Reinsurance Credit Ratings

KUALA LUMPUR, May 4 (Bernama) -- AM Best has affirmed the financial strength rating of B++ (Good), the long-term issuer credit rating of “bbb+” (Good), and the Vietnam National Scale Rating of aaa.VN (Exceptional) of Vietnam National Reinsurance Corporation (VINARE).

Bursa Malaysia Opens Firmer On Foreign Inflows, IMF Optimism

KUALA LUMPUR, May 4 (Bernama) -- Bursa Malaysia opened higher on the first trading day of May, supported by continued net foreign inflows and bolstered by the International Monetary Fund’s (IMF) upbeat outlook on Malaysia’s economic prospects.

PuTERA35 Ensures Fair Bumiputera Economic Empowerment - PM Anwar

KUALA LUMPUR, May 3 (Bernama) -- The Bumiputera Economic Transformation Plan 2035 (PuTERA35) is a national policy that ensures fairness in strengthening Bumiputera economic participation, enabling the group to compete on a level playing field in the national economy, said Prime Minister Datuk Seri Anwar Ibrahim.

Penang Maintains Position As "Export Engine", Contributes 45 Pct To National Exports

GEORGE TOWN, May 1 (Bernama) -- Penang’s economy is on a very strong footing as it moves into the second quarter of 2026, and the state continues to maintain its position as Malaysia’s “Export Engine,” contributing nearly 45 per cent to total national exports.

MAB Academy Aims To Be ASEAN’s leading Aviation Training COE

By Danni Haizal Danial Donald

SEPANG, May 1 (Bernama) -- Malaysia Aviation Group’s (MAG) training arm, MAB Academy Sdn Bhd, aims to become ASEAN’s leading centre of excellence (COE) for aviation, hospitality and professional training, offering hands-on programmes to develop a future-ready workforce.

Grab Granted Cross-border Ride-hail Service Operator Licence

KUALA LUMPUR, April 30 (Bernama) -- Southeast Asia’s top ride-hailing and delivery firm Grab has been granted the first Cross-Border Ride-Hail Service Operator Licence (CRSOL), which allows operators to provide cross-border services through their ride-hail platforms.

Kenanga Investment Bank Maintains 2026 Loan Growth Forecast At 5.0-5.5 Pct

KUALA LUMPUR, April 30 (Bernama) -- Kenanga Investment Bank Bhd has maintained its 2026 loan growth forecast at 5.0 per cent to 5.5 per cent, supported by steady household demand as well as supportive labour market. 

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.

Fraser & Neave 2Q Net Profit Down To RM96.27 Mln Vs RM140.33 A Year Ago

KUALA LUMPUR, April 30 (Bernama) -- Fraser & Neave Holdings Bhd’s (F&N) net profit for the second quarter ended March 31, 2026 (2Q 2026) eased to RM96.27 million versus RM140.33 million a year ago.

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.

Late Buying Lifts Bursa Malaysia As Oil Prices Support Energy Counters

By Nurunnasihah Ahmad Rashid

KUALA LUMPUR, April 30 (Bernama) -- Last-minute buying lifted Bursa Malaysia’s benchmark index, reversing earlier losses as higher oil prices boosted sentiment for energy- and chemical-related counters.

Operating Expenditure Adjustments Will Not Affect Frontliners -- Amir Hamzah

By Siti Noor Afera Abu

KUALA LUMPUR, April 30 (Bernama) -- Operating expenditure adjustments being implemented by the government will not affect frontline personnel or the delivery of basic services to the public, as they will only involve non-critical expenditures, said Finance Minister II Datuk Seri Amir Hamzah Azizan.