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Persona AI, Under Armour Collaborate On Humanoid Robotics Materials

KUALA LUMPUR, May 12 (Bernama) -- Persona AI announced a research and development collaboration with Under Armour to study how advanced performance materials can support humanoid robots operating in industrial environments.

BUDI95 A Key Tool In Managing Fuel Demand -- Liew

KUALA LUMPUR, May 12 (Bernama) -- The BUDI MADANI RON95 (BUDI95) initiative is seen as a useful demand management tool that helps Malaysia understand national usage patterns, said Deputy Finance Minister Liew Chin Tong.

Mavenir Selected For MagtiCom’s Nationwide Small Cell Deployment

KUALA LUMPUR, May 12 (Bernama) -- Mavenir, a cloud-native software company, has been selected by MagtiCom, Georgia’s largest telecommunications provider, as the strategic small cell technology partner for a nationwide deployment project.

Malaysia GDP Seen At 4.8 Pct In 2026 If West Asia War Ends By June -- Affin Bank

KUALA LUMPUR, May 12 (Bernama) -- Malaysia’s gross domestic product (GDP) is projected to expand 4.8 per cent in 2026, provided the West Asia conflict ends by June, underpinned by stable domestic demand, improving investment activity and ongoing economic reforms, Affin Bank Bhd said.

Bursa Malaysia Higher At Midday

KUALA LUMPUR, May 12 (Bernama) -- Bursa Malaysia remained in positive territory at midday, mirroring the upbeat performance of most regional peers and supported by positive sentiment following Wall Street's strong overnight gains.

CGC Appoints Madelena Mohamed As Non-independent Non-executive Director Effective May 1

KUALA LUMPUR, May 11 (Bernama) -- Credit Guarantee Corporation Malaysia Bhd (CGC) has appointed Madelena Mohamed as a non-independent non-executive director, effective May 1, 2026.

Sibu Needs New Industrial, Agricultural Push To Stay Competitive

By Frank Julian Martin

SIBU, May 12 (Bernama) -- Sibu needs to accelerate new industrial and agricultural development initiatives to regain its economic competitiveness and prevent further outmigration of local talent, according to Delta Leasing Bhd executive chairman, Dr Gregory Hii Sui Cheng.

Ringgit Opens Higher Versus Greenback, Major Currencies

KUALA LUMPUR, May 12 (Bernama) -- The ringgit opened higher against a basket of major currencies, including the US dollar, ahead of the release of key United States (US) economic data later tonight that could reinforce expectations for the US Federal Reserve (Fed) to keep interest rates unchanged, said an analyst.

Bursa Malaysia Securities Reprimands, Fines Dealer RM59,000 Over Share Manipulation

KUALA LUMPUR, May 11 (Bernama) -- Bursa Malaysia Securities Bhd has reprimanded and imposed a fine of RM59,000 on Nurendran a/l Parathan, for engaging in manipulative trading activities in the securities of numerous counters. 

RHB Gets BNM Approval To Start Tokio Marine Talks

KUALA LUMPUR, May 11 (Bernama) -- RHB Bank Bhd said its unit, RHB Investment Bank Bhd, has received no objection from Bank Negara Malaysia to begin talks with Tokio Marine Asia Pte Ltd on the proposed disposal of up to a 100 per cent stake in RHB Insurance Bhd.

Ringgit Closes Higher Against Regional Peers

By Abdul Hamid A Rahman

KUALA LUMPUR, May 11 (Bernama) -- The ringgit closed higher against regional peers and was firmer versus most major currencies today as investors monitored developments in the United States-Iran negotiations and upcoming US-China talks.

Glomac Unveils 16 Legacy Project With GDV Of RM21 Mln

KUALA LUMPUR, May 11 (Bernama) -- Glomac Bhd has unveiled 16 Legacy, an exclusive collection of 16 semi-detached houses in Saujana Rawang with an estimated gross development value (GDV) of approximately RM21 million.