Hibiscus Petroleum's EBITDA Exceeds RM 1 Bln For Three Consecutive Years - Chairman

KOTA BHARU, April 10 (Bernama) -- Hibiscus Petroleum Bhd recorded revenue of RM2.7 billion last year, with earnings before interest, tax, depreciation and amortisation (EBITDA) exceeding RM1 billion for the third consecutive year.

Sorrellicious Legacy Sets Sights On Southeast Asia With Dry Roselle Exports This Year

By Danni Haizal Danial Donald

KUALA LUMPUR, April 10 (Bernama) -- Sorellicious Legacy, a manufacturer of fresh roselle-based products operating in Klang, Selangor, aims to export dried roselle to the Southeast Asian market by the end of this year.

Malaysia Welcomes US Move To Pause Higher Tariffs, Assesses Rapid Changes - Tengku Zafrul

By M.Saraswathi 

KUALA LUMPUR, April 10 (Bernama) -- Investment, Trade and Industry Minister Tengku Datuk Seri Zafrul Abdul Aziz said Malaysia welcomes the United States’ (US) move to pause higher tariffs for numerous trading partners, while acknowledging that this volatility creates significant challenges for ASEAN economies.

Malaysia To Show Strong Leadership To Address US Tariff

KUALA LUMPUR, April 9 (Bernama) -- Malaysia will demonstrate strong leadership and act responsibly within ASEAN to address the United States' latest tariff measures, said National Chamber of Commerce and Industry of Malaysia (NCCIM) vice-president Datuk AT Kumararajah.

LGMS Signs MoU With Antarex

KUALA LUMPUR, April 9 (Bernama) -- In an effort to expand its coverage, LGMS Bhd, a Bursa Malaysia-listed company specialising in cybersecurity, will collaborate in strategic regional cybersecurity initiatives with Antarex Holdings Sdn Bhd (AHSB) and its major shareholders after signing a memorandum of understanding (MoU) here today. 

There Is No Winner In This Tariff Spat -- Andrew Sheng

KUALA LUMPUR, April 9 (Bernama) -- There will be no winner in the United States (US) sweeping global tariffs and similar responses from other countries, and the only way forward is through negotiation to minimise the damage, said former Bank Negara Malaysia assistant governor Tan Sri Andrew Sheng.

ASEAN Finance Ministers, Central Bank Governors To Hold In-depth Discussions On Regional Financial Integration

 KUALA LUMPUR, April 9 (Bernama) -- ASEAN Finance Ministers today got down to the hard work of putting in place the necessary pre-requisites and initiatives to deepen financial integration more urgently in the light of debilitating tariffs on all member states.

Sub-Regional Development Will Make Southeast Asia More Economically Independent - Amir Hamzah

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, April 8 (Bernama) -- The development of the Brunei, Indonesia, Malaysia, Phillippines (BIMP) and East ASEAN Growth Area (EAGA) will not only benefit Sabah and Sarawak but contribute towards reinforcing Southeast Asia's economy, Finance Minister II Datuk Seri Amir Hamzah Azizan, said today.

ASEAN Unity Crucial In Weathering US Tariff Storms - Tengku Zafrul

KUALA LUMPUR, April 8 (Bernama) -- Unity among ASEAN members will determine the success of the ten member states in weathering the US tariff storms that have severely impacted the region, says Investment, Trade and Industry Minister Tengku Datuk Seri Zafrul Abdul Aziz.

Tengku Zafrul To Lead Malaysia's Delegation To Washington For Tariff Discussions

By Karina Imran

KUALA LUMPUR, April 8 (Bernama) -- Investment, Trade and Industry Minister Tengku Datuk Seri Zafrul Abdul Aziz is set to lead Malaysia’s delegation to Washington at end of this month to discuss the reciprocal tariffs imposed by the United States (US) on Malaysia.

Megah Port Reaffirms Commitment To Efficiency, Strengthens Ties With Labuan Port Authority

By Jailani Hasan

LABUAN, April 8 (Bernama) -- Labuan’s container port operator Megah Port Management Sdn Bhd (MPM) has reaffirmed its commitment to delivering efficient, high-quality cargo handling services while working closely with its regulatory partner, the Labuan Port Authority (LPA).

Labuan Food Industries Makes Waves As Seafood Exporter, Seeks To Almost Triple Output

LABUAN, April 8 (Bernama) -- Labuan Food Industries Sdn Bhd, a Malaysian fishery company with an established international business network, plans to nearly triple its annual finished tuna production next year with the setting up of a new facility here.