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US$80 Bln For Deployment As Southeast Asia's Green Economy Enters A New Calculus

KUALA LUMPUR, May 22 (Bernama) -- Southeast Asia’s green economy has scaled to US$290 billion (US$1 = RM3.96) this year, but a realisation gap exceeding 35 per cent has opened between announced and deployed green capital expenditure (Capex) across the region’s power and electric vehicles (EV) value chains, according to a recent report by Bain & Company and Standard Chartered.

DRB-HICOM 1Q Net Profit More Than Doubles To RM45 Mln

KUALA LUMPUR, May 21 (Bernama) -- DRB-HICOM Bhd’s net profit more than doubled to RM45 million in the first quarter ended March 31, 2026 (1Q) from RM17.72 million in the same period last year.

Labuan IBFC Inc, ASAS Collaborate On Islamic Finance Training

KUALA LUMPUR, May 21 (Bernama) -- Labuan IBFC Incorporated Sdn Bhd (Labuan IBFC Inc) has collaborated with the Association of Shariah Advisors in Islamic Finance Malaysia (ASAS) to host a knowledge-sharing session highlighting opportunities in Islamic finance.

Primer Secures US$100 Mln Funding For AI, US Expansion

KUALA LUMPUR, May 20 (Bernama) -- Primer, the unified infrastructure for global payments, has secured a US$100 million Series C funding round as it expands its artificial intelligence (AI)-enabled operating layer for global payments and finance. (US$1=RM3.97)

Material Appoints Ranjan Kalia As CFO

KUALA LUMPUR, May 20 (Bernama) -- Material Plus Holdings LLC (Material), an intelligent growth company, has appointed Ranjan Kalia as Chief Financial Officer (CFO), bringing strong global finance leadership to support clients for future growth.

NIF To Support Malaysia’s Long-Term Economic Goals - MIDA

By Nur Athirah Mohd Shaharuddin

KUALA LUMPUR, May 19 (Bernama) -- The New Incentive Framework (NIF) reflects a broader shift towards encouraging investments that contribute more meaningfully to Malaysia’s long-term economic priorities, according to Malaysian Investment Development Authority (MIDA).

SMEs Urged To Upgrade Capabilities, Embrace ESG Standards Under NIF

KUALA LUMPUR, May 19 (Bernama) -- Malaysian small and medium enterprises (SMEs) must upgrade their capabilities and embrace rising global competitiveness and environmental, social and governance (ESG) standards under the New Investment Framework (NIF) to remain integrated within the global supply chains, said an economist.

SC, Bursa Malaysia Propose LEAP Market 2.0 To Boost MSME Fundraising

KUALA LUMPUR, May 18 (Bernama) -- The Securities Commission (SC) and Bursa Malaysia Securities Bhd (Bursa Malaysia) today proposed enhancements to the LEAP Market.

T&E Report Ranks Singapore Changi Among Most Carbon-Intensive Airports 

KUALA LUMPUR, May 18 (Bernama) -- Transport & Environment (T&E) and ODI Global announced that Singapore Changi Airport ranked ninth among the world’s most carbon-intensive airports in 2023, generating 14.3 million tonnes of carbon dioxide (CO₂) emissions.

MADANI Microfinancing Initiatives Strengthen Economic Resilience During Uncertainties

KUALA LUMPUR, May 16 (Bernama) -- The MADANI government’s microfinancing initiatives strengthen Malaysia’s economic resilience during periods of geopolitical uncertainty by preserving liquidity and supporting domestic economic activity, particularly among small and medium-sized enterprises (SMEs).

Russia Highlights Expanding Partnership With Islamic Countries

From Nurunnasihah Ahmad Rashid

KAZAN (Russia), May 15 (Bernama) -- Russia signalled its commitment to ongoing cooperation with Islamic countries in sectors including energy, industry, information technology (IT), construction, agriculture, finance, education, healthcare and tourism.

CGC Participates In BNM’s SME SRF To Support SMEs

KUALA LUMPUR, May 15 (Bernama) -- Credit Guarantee Corporation Malaysia Bhd (CGC) has affirmed its commitment to supporting Bank Negara Malaysia’s SME Stabilisation Relief Facility (SME SRF) during this period of heightened uncertainty.