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Malaysia Targets Stronger EV Ecosystem Via OEM-Local Vendor Ties -- Sim

KUALA LUMPUR, May 11 (Bernama) -- Malaysia wants original equipment manufacturers (OEMs) to collaborate with local vendors to level up the entire value chain and ecosystem via the new electric vehicle (EV) policy, said Deputy Investment, Trade and Industry Minister Sim Tze Tzin. 

Malaysia's Volume Index Of Services Up By 5.8 Pct In 1Q 2026 -- DOSM

KUALA LUMPUR, May 11 (Bernama) -- Malaysia’s volume index of services recorded a year-on-year growth of 5.8 per cent in the first quarter (1Q) of 2026, reaching 168.0 points, according to the Department of Statistics Malaysia (DOSM).

TSplus Showcases Global Strategy At Annual International Meeting In Greece

KUALA LUMPUR, May 11 (Bernama) -- TSplus, a French software company, centred its annual International Meeting on collaboration and shared purpose during a six-day event held in Greece.

Quantum Motion Raises US$160 Mln To Advance Silicon-Based Quantum Computing 

KUALA LUMPUR, May 11 (Bernama) -- Quantum Motion announced a US$160 million Series C funding round to commercialise its silicon transistor-based quantum computing technology designed for scalable and energy-efficient deployment. (US$1 = RM3.91)

BNM, Bank Indonesia Sign Mou To Strengthen Bilateral Cooperation

KUALA LUMPUR, May 11 (Bernama) -- Bank Negara Malaysia (BNM) and Bank Indonesia (BI) have signed a new memorandum of understanding (MoU) that strengthens bilateral cooperation between the two central banks.

Ringgit Opens Higher Against US Dollar Amid Ongoing West Asia Peace Talks

KUALA LUMPUR, May 11 (Bernama) -- The ringgit opened higher against the US dollar on Monday, as investors kept an eye on the ongoing peace negotiations over the West Asia crisis, an analyst said.

JS-SEZ To Address Brain Drain With Higher Pay Scale -- Invest Johor 

By Mohamad Syazwan Mustafa

ISKANDAR PUTERI, May 10 (Bernama) — The development of the Johor-Singapore Special Economic Zone (JS-SEZ) is now one of Johor state government’s main pillars to address the issue of brain drain.

Parkson Unit Renews Shanghai Tenancy Until Dec 31, 2036

KUALA LUMPUR, May 8 (Bernama) -- Parkson Holdings Bhd’s 54.97 per cent-owned subsidiary Parkson Retail Group Ltd (PRGL) has renewed the tenancy of its Shanghai Hongqiao retail property in China for a further 10 years until Dec 31, 2036.

PUC Disposes Of Partial Stake In Pictureworks To MacOS For RM30 Mln

KUALA LUMPUR, May 8 (Bernama) -- Digital lifestyle service provider PUC Bhd had entered into a share sale agreement on Dec 31, 2025, to dispose of 3.03 million ordinary shares or 13.76 per cent equity interest in Pictureworks International Holdings Ltd (PIHL) to MacOS Ltd for RM30.0 million as a partial divestment of its investment in PIHL. 

Not All EVs Will Become Expensive After CBU Duties Return - Sim

BATU KAWAN, May 8 (Bernama) -- Claims that all electric vehicles (EVs) will become more expensive following the reimposition of import duties on completely built-up (CBU) EVs from July are inaccurate, said Deputy Investment, Trade and Industry (MITI) Minister Sim Tze Tzin. 

Petronas Dagangan Appoints Sazali Hamzah As Chairman

KUALA LUMPUR, May 8 (Bernama) -- Petronas Dagangan Bhd (PDB) has appointed Datuk Sazali Hamzah as chairman, effective today.

Bursa Malaysia Snaps Five-day Winning Streak On Profit-taking

KUALA LUMPUR, May 8 (Bernama) -- Bursa Malaysia snapped a five-day rally to close lower on Friday on profit-taking and in line with weaker global markets as renewed military developments between the United States and Iran hurt risk appetite, said an analyst.