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Govt Maintains Targeted Fuel Subsidies, RON95 Remains At RM1.99 Per Litre - MOF

KUALA LUMPUR, March 11 (Bernama) --  The MADANI Government is maintaining the price of RON95 fuel under the BUDI95 initiative at RM1.99 per litre, even though the pump prices of RON95 petrol and diesel have increased following the rise in global oil prices.

Sunway Healthcare Retail IPO Oversubscribed 5.57 Times

KUALA LUMPUR, March 10 (Bernama) -- The retail portion of Sunway Healthcare Holdings Bhd’s offering, comprising 230 million shares, was oversubscribed by 5.57 times.

Hong Leong Islamic Bank Rebrands As HLB Islamic, Eyes Strong Financing Growth

By Abdul Hamid A Rahman

KUALA LUMPUR, March 11 (Bernama) -- Hong Leong Islamic Bank Bhd is now known as HLB Islamic following a brand refresh, with the bank aiming to maintain financing growth above the industry average over the next three to five years.

Arla Foods Ingredients To Showcase Whey Solutions At FIC 2026

KUALA LUMPUR, March 11 (Bernama) -- Arla Foods Ingredients will showcase a range of innovative food and nutrition solutions at Food Ingredients China 2026 (FIC 2026) in Shanghai from March 17 to 19.

Movellus Clocking Technology Added To Synopsys SLM Portfolio

KUALA LUMPUR, March 11 (Bernama) -- Movellus announced its adaptive clocking technology has been integrated into the Synopsys Silicon Lifecycle Management (SLM) IP portfolio, addressing power optimisation challenges in complex artificial intelligence (AI)-era chips.

Persona AI Appoints Michael Perry As Head Of Commercial Strategy

KUALA LUMPUR, March 11 (Bernama) -- Persona AI, a pioneering robotics company, has appointed Michael Perry as Head of Commercial Strategy, signalling the company’s shift toward commercial deployment as it builds infrastructure to bring humanoid automation to markets such as shipyards, steel mills, and construction sites globally.

Airwallex Posts Triple-Digit Revenue Growth In Singapore

KUALA LUMPUR, March 11 (Bernama) -- Airwallex, a global financial and payments platform, has reported strong financial year 2025 performance in Singapore, delivering triple-digit revenue growth for the second consecutive year, with a 107 per cent increase year-on-year and transaction volume rising 93 per cent over the same period.

Expereo names Kevin Brown As COO To Drive Global Operations 

KUALA LUMPUR, March 11 (Bernama) -- Expereo, a leading global Managed Network as a Service (NaaS) provider, has appointed Kevin Brown as Chief Operating Officer (COO), reinforcing its focus on operational integration, efficiency, and scaling customer and supplier-facing functions worldwide.

Cement Price Index Rises 0.8 Pct-5.9 Pct Year-On-Year In February 2026 -- DOSM

PUTRAJAYA, March 11 (Bernama) -- The unit price index of cement increased between 0.8 per cent and 5.9 per cent year-on-year (y-o-y) in February 2026 compared with the same month last year, while the steel price index declined between 1.2 per cent and 8.1 per cent, according to the Department of Statistics Malaysia (DOSM).

SOGDC, SEDCO Mining Ink MoU To Strengthen Sabah Industrial Development

KOTA KINABALU, March 11 (Bernama) -- Sabah Oil & Gas Development Corporation (SOGDC) and SEDCO Mining Sdn Bhd have signed a memorandum of understanding (MoU) to strengthen industrial development in the state, particularly in the Sabah Oil and Gas Industrial Park (SOGIP) and the Sawit Kinabalu Sandakan Industrial Park (SKSIP).

AM Best: Australia’s Guild Insurance Credit Ratings Unchanged After Partnership

KUALA LUMPUR, March 11 (Bernama) -- AM Best has commented that the financial strength rating of A- (Excellent) and the long-term issuer credit rating of “a-” (Excellent) of Australia’s Guild Insurance Limited (GIL) remain unchanged following the announcement of its new strategic partnership with EML Group.

Denodo Platform 9.4 To Accelerate Data Access, Support Enterprise AI

KUALA LUMPUR, March 11 (Bernama) -- Denodo, a leader in data management and artificial intelligence (AI), announced the availability of Denodo Platform 9.4, built with logical data management capabilities to simplify and accelerate data access.