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Tengku Zafrul’s Legacy Marked By Continued Fervour To Scale Up Malaysia’s Trade Competitiveness

By Karina Imran

KUALA LUMPUR, Dec 1 (Bernama) – Tengku Datuk Seri Zafrul Abdul Aziz not only leaves behind a legacy marked by a continued fervour to scale up Malaysia’s global competitiveness in trade and industry but showed remarkable leadership in being able to lower tariff rates to a more palatable level imposed by the United States.

North Atlantic France Completes Acquisition Of Esso S.A.F., ExxonMobil Chemical France

KUALA LUMPUR, Dec 1 (Bernama) -- North Atlantic France SAS (North Atlantic France) announced the successful closing of its acquisition of an 82.89 per cent controlling interest in Esso Société Anonyme Française SA (Esso S.A.F.) at 26.19 euros per share and 100 per cent of ExxonMobil Chemical France SAS (EMCF) from ExxonMobil France Holding SAS (ExxonMobil), following a competitive auction process initiated in 2024. (1 Euro = RM4.79)

Malaysian Businesses Among World’s Most Confident On Trade Growth -- HSBC Survey

KUALA LUMPUR, Dec 1 (Bernama) -- Malaysian businesses are among the most confident globally about expanding international trade, with 92 per cent expecting growth over the next two years, surpassing the global average of 87 per cent, according to HSBC’s Global Trade Pulse Survey.

Analaysts Maintain Overweight Call On Banking Sector Amid Earnings Resilience

KUALA LUMPUR, Dec 1 (Bernama) -- Analysts have maintained their ‘Overweight’ calls on the banking sector, citing resilient earnings, loan growth and attractive dividend yields despite ongoing margin pressures.

Ringgit Opens Unchanged As Traders Await FOMC Outcome

KUALA LUMPUR, Dec 1 (Bernama) -- The ringgit opened unchanged against the US dollar today as traders adopted a wait-and-see stance ahead of the United States (US) Federal Open Market Committee (FOMC) meeting next week.

AirAsia Completes EASA Mandated Requirements, Operations Back To Normal

KUALA LUMPUR, Nov 30 (Bernama) -- AirAsia Aviation Group has completed the required software rollback on its operational A320 Family, in full compliance with the Emergency Airworthiness Directive (AD) issued by the European Union Aviation Safety Agency (EASA) following an Alert Operators Transmission from Airbus.

ASEAN Must Deepen Intra-regional Trade To Stay Competitive - Singapore Foreign Minister

From Hasnah Jusid

SINGAPORE, Nov 29 (Bernama) -- ASEAN must strengthen intra-regional trade and enhance economic connectivity to adapt to a rapidly changing global landscape, said Singapore’s Foreign Affairs Minister Dr Vivian Balakrishnan.

Mercedes-AMG Petronas Sees AI Garage Transformation Ahead Of 2026 Shift

KUALA LUMPUR, Nov 29 (Bernama) -- As Formula One (F1) prepares for one of its biggest technical overhauls in 2026, the Mercedes-AMG PETRONAS F1 Team is turning to artificial intelligence (AI) to reshape how its garage operates, a shift it believes will define the next era of race-weekend performance.

Hong Leong Bank 1Q Net Profit Up Slightly To RM1.09 Bln

KUALA LUMPUR, Nov 27 (Bernama) -- Hong Leong Bank Bhd (HLB) reported a slightly higher net profit of RM1.09 billion for the first quarter ended Sept 30, 2025 (1Q) compared with RM1.089 billion recorded in the same period a year ago.

Ringgit Closes Higher Vs US Dollar On US Rate Cut Optimism

By Fatin Umairah Abdul Hamid

KUALA LUMPUR, Nov 27 (Bernama) -- The ringgit ended higher against the US dollar on Thursday as talks of a possible interest rate cut in the United States gained momentum.

Malaysia’s GDP To Grow 4.0 Pct In 2026 On Strong Sectoral Momentum -- MIER

KUALA LUMPUR, Nov 27 (Bernama) -- The Malaysian Institute of Economic Research (MIER) expects the country’s gross domestic product (GDP) to expand at 4.0 per cent in 2026, supported by continued strength in the services, mining and manufacturing sectors.

Bumiputera Rights Protected Under ART Pact, Says Tengku Zafrul

KUALA LUMPUR, Nov 27 (Bernama) -- Bumiputera rights remained a firm red line throughout negotiations on the Malaysia-United States Agreement on Reciprocal Tariffs (ART), Investment, Trade and Industry Minister Tengku Datuk Seri Zafrul Abdul Aziz said.