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Disruption Of Global Aviation Enters Third Day With Airport And Airspace Closures

By Kisho Kumari Sucedaram

KUALA LUMPUR, March 2 (Bernama) – As the war in the Middle East enters its third day, global aviation continues to be disrupted with commercial flights across the region remaining at a standstill, as major airports continue to be closed and regional airspace restricted, resulting in a mind-boggling 2,000 flights being cancelled.

Malaysian-Registered Vessels Advised To Avoid Transiting The Strait Of Hormuz

KUALA LUMPUR, March 1 (Bernama) -- All Malaysian-registered vessels and local shipping companies are advised to exercise necessary precautionary measures, including avoiding transiting through the Strait of Hormuz until further notice, to ensure the safety of navigation following security developments in the Middle East region.

TH Plantations Net Profit In FY2025 Rises To RM107.49 Mln

KUALA LUMPUR, Feb 26 (Bernama) -- TH Plantations Bhd’s (THP) net profit increased to RM107.49 million for the financial year ended Dec 31, 2025 (FY2025) from RM75.17 million in the preceding year.

Dmitry Shubov Consulting Connects With Startups, Operators At Dubai Pitch Night

KUALA LUMPUR, Feb 26 (Bernama) -- Dmitry Shubov Consulting, a legal tech consulting firm, has participated in the Startups & Operators Pitch Night in Dubai, a global series of startup pitching events.

IRB Issues Nearly 200,000 CP500 Notices For RM1.1 Bln In Taxes - MOF

 KUALA LUMPUR, Feb 24 (Bernama) -- The Inland Revenue Board (IRB) has issued nearly 200,000 Tax Installment Payment Notices (CP500) to taxpayers with an estimated tax amount of RM1.1 billion, up to January 2026, according to the Ministry of Finance (MoF).

AG Report: 24 Subsidiaries of Five Federal Agencies Record Losses For Three Consecutive Years

KUALA LUMPUR, Feb 23 (Bernama) --  A total of 24 out of 42 subsidiary companies under five federal agencies recorded losses for three consecutive years from 2022 to 2024, according to the Auditor-General’s Report 1/2026 released today.

Battersea Power Station Appoints Studio Egret West For Final Phase Of Masterplan

KUALA LUMPUR, Feb 23 (Bernama) -- Battersea Power Station has appointed master planner and strategic urban design practice, Studio Egret West, to evolve the original Rafael Viñoly masterplan for the remaining 6.47 hectares (16 acres) of the 16.99-hectare (42-acre) riverside neighbourhood.

Dewan Rakyat Passes Capitation Grant Bill 2026

KUALA LUMPUR, Feb 23 (Bernama) -- The Dewan Rakyat passed the Capitation Grant Bill 2026 today, which aims to revise the capitation grant rates for each state under a new structure.

AG Report: PPHM Unable To Meet Its Financial Obligations

KUALA LUMPUR, Feb 23 (Bernama) -- Perbadanan Perwira Harta Malaysia (PPHM) is said to be unable to meet its financial obligations as the total assets it owns are insufficient to cover its total liabilities.

Petronas Chemicals Records FY2025 Net Loss Of RM2.14 Bln

KUALA LUMPUR, Feb 23 (Bernama) -- Petronas Chemicals Group Bhd posted a net loss of RM2.14 billion in the financial year ended Dec 31, 2025 (FY2025), compared to a net profit of RM1.17 billion in the previous year. 

Bodor Laser Launches Dream Park, Sets 2026 Target

KUALA LUMPUR, Feb 19 (Bernama) -- Bodor Laser has held its Annual Awards Ceremony and Year Kickoff event at Dream Park, the company’s newly completed global headquarters campus, marking a review of its 2025 performance and the formal start of its next development phase.

MOF, KPDN To Review Import-Related Mechanisms Following Strengthening Of Ringgit

BALIK PULAU, Feb 15 (Bernama) -- The Ministry of Finance (MOF) will continue to work with the Ministry of Domestic Trade and Cost of Living (KPDN) to examine mechanisms related to developments in the prices of imported goods following the strengthening of the ringgit.