Malaysia, Vietnam To Boost Strategic Cooperation In Digital Economy, AI -- Anwar

From Niam Seet Wei

CEBU (Philippines), May 8 (Bernama) -- Malaysia and Vietnam are committed to expanding cooperation in the digital economy and artificial intelligence (AI), as well as science, technology, engineering, and mathematics (STEM), said Prime Minister Datuk Seri Anwar Ibrahim.

CPO Futures End Lower Amid Ongoing West Asia Peace Talk

By Engku Shariful Azni Engku Ab Latif

KUALA LUMPUR, May 8 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives closed lower on Friday, as markets continue to focus on the ongoing West Asia peace talks, a trader said.

MISC Names Two New LNG Carriers, Strengthens Partnership With ExxonMobil Unit

KUALA LUMPUR, May 8 (Bernama) -- MISC Bhd announced the naming of two new-generation liquefied natural gas (LNG) carriers, Seri Dian and Seri Dayang, further strengthening its long-standing partnership with Seariver Maritime LLC (SRM), a wholly-owned subsidiary of ExxonMobil.

Gold Futures Pare Two-Day Gains To Close Lower

By Danni Haizal Danial Donald

KUALA LUMPUR, May 8 (Bernama) -- Gold futures on Bursa Malaysia Derivatives pared two-day gains to close lower on Friday as the market remained cautious ahead of the release of the United States jobs report

Hume Cement's 3Q Net Profit Up On Gains From Disposal Of Subsidiary

KUALA LUMPUR, May 8 (Bernama) -- Hume Cement Industries Bhd’s net profit jumped to RM243.75 million in the third quarter ended March 31, 2026 (3Q 2026), from RM40.64 million in 3Q 2025, primarily due to a one-off gain on the disposal of a subsidiary during the quarter.

ADB To Mobilise US30 Bln By 2030 To Support ASEAN Countries

KUALA LUMPUR, May 8 (Bernama) -- The Asian Development Bank (ADB) today will mobilise US$30 billion (US$1 = RM3.91) by 2030 to help ASEAN nations advance long-term development priorities and withstand external shocks.

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.

Petrol, Diesel Supply More Stable Following Govt's Proactive Measures -- PM Anwar

From Niam Seet Wei

CEBU (The Philippines), May 8 (Bernama) -- The government has assured that the nation’s petrol and diesel supply is more stable following the government’s proactive measures, particularly under the management of Petroliam Nasional Bhd (Petronas), said Prime Minister Datuk Seri Anwar Ibrahim.

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. 

Ringgit Eases Against Greenback Ahead of US Non-farm Payroll Report Release

By Danni Haizal Danial Donald

KUALA LUMPUR, May 8 (Bernama) -- The ringgit eased against major and regional currencies including the US dollar at the close on Friday as investors remain cautious ahead of the United States non-farm payrolls (NFP) report amid renewed escalation in the West Asia conflict.

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.