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Red Sea Global Opens First Joint Venture-Developed Resort At Shura Island

KUALA LUMPUR, May 19 (Bernama) -- Red Sea Global (RSG), the regenerative tourism developer, has reached a major milestone as Four Seasons Resort and Residences Red Sea at Shura Island welcomed its first guests beginning May 20.

Govt Identifies Five Manufacturing Sub-Sectors Most Affected By Global Supply Crisis - Akmal Nasrullah

KUALA LUMPUR, May 19 (Bernama) -- Five manufacturing subsectors were identified as being most affected by the impact of the energy crisis and global supply disruptions, according to Economy Minister Akmal Nasrullah Ahmad Nasir.

Guizhou’s Kaili Sour Soup Industry Gains Investment Spotlight

KUALA LUMPUR, May 19 (Bernama) -- The signature Kaili sour soup of Qiandongnan Miao and Dong Autonomous Prefecture in Guizhou Province was showcased at the recent 2026 World Brand Moganshan Summit, promoting the region's industrial development and business potential to investors and guests across China.

Malayan Flour Mills Unveils RM100 Mln Capex Plan

KUALA LUMPUR, May 19 (Bernama) -- Malayan Flour Mills Bhd (MFM) outlined its RM100 million capital expenditure (Capex) plan for its flour milling business over two financial years, including the current financial year ending Dec 31, 2026 (FY2026). 

Gradiant Closes Series E Financing At US$2 Bln Valuation

KUALA LUMPUR, May 19 (Bernama) -- Gradiant has closed its Series E financing round led by Safar Partners and Hostplus Superannuation Fund, with participation from ClearVision Ventures and other global investors, valuing the company at US$2 billion. (US$1=RM3.97)

Bursa Gold Dinar Platform Attracts More Than 150,000 Registrations Since 2024

KUALA LUMPUR, May 19 (Bernama) --  Bursa Gold Dinar, the Shariah-compliant gold trading platform, has attracted more than 150,000 registrations since it was introduced in January 2024, said Bursa Malaysia Bhd’s Derivatives and Carbon Markets director, Mohd Saleem Kader Bakas.

Govt To Continue Targeted Interventions Amid Global Supply Pressures - Akmal Nasrullah 

KUALA LUMPUR, May 19 (Bernama) -- Economy Minister Akmal Nasrullah Ahmad Nasir said the government will continue implementing targeted interventions to ensure the rakyat are not left without appropriate support, particularly in ensuring sufficient supply of essential goods, stable prices and assistance reaching groups that genuinely require help.

Petronas Gas Posts Lower 1Q Net Profit Of RM438.68 Mln, Declares 16 Sen Dividend

KUALA LUMPUR, May 19 (Bernama) -- Petronas Gas Bhd (PGB) posted a lower net profit of RM438.68 million in the first quarter (1Q) ended March 31, 2026, down from RM468.79 million in the same period last year, in line with lower gross profit, coupled with lower profit generated from fund investments.

Megah Port, CILTM Sabah Host Engagement Session To Address Labuan's Logistics Issues

LABUAN, May 19 (Bernama) -- Megah Port Management Sdn Bhd and the Chartered Institute of Logistics and Transport Malaysia (CILTM) Sabah jointly hosted an engagement session with the Commercial Vehicle Licensing Board (LPKP) and the Road Transport Department (JPJ) recently to discuss operational issues related to licensing, permits and regulatory compliance. 

High-impact Developers To Get Stronger Govt Support - Mohd Shahar

KUALA LUMPUR, May 19 (Bernama) -- Developers with projects that deliver strong social and environmental returns and align with regional priorities will receive stronger government backing, said Deputy Economy Minister Datuk Mohd Shahar Abdullah.

MISC Sees Growing Momentum In Women’s Maritime Participation

KUALA LUMPUR, May 19 (Bernama) -- Women’s participation in Malaysia’s maritime industry is gaining momentum, with 909 female seafarers currently serving in the sector, said MISC Bhd president and group chief executive officer Zahid Osman.

AI Capex Boom Could Boost Malaysia’s Economic Growth - BMI

KUALA LUMPUR, May 19 (Bernama) -- A prolonged global artificial intelligence (AI)-driven capital expenditure (capex) boom could strengthen Malaysia’s trade position and support stronger-than-expected economic growth, according to research firm BMI.