Wasco Posts RM11.10 Mln Net Profit In 1Q
KUALA LUMPUR, May 19 (Bernama) -- Wasco Bhd recorded a net profit of RM11.10 million in the first quarter ended March 31, 2026 (1Q 2026), compared with RM35.43 million a year earlier.
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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).
Abaxx To Launch Silver Futures Contract In Singapore
KUALA LUMPUR, May 19 (Bernama) -- Abaxx Technologies Inc (Abaxx), a financial software and market infrastructure company, announced that Abaxx Exchange will launch Abaxx Silver Singapore futures on May 22, expanding its precious metals product suite.
Govt Identifies Five Manufacturing Sub-Sectors Most Affected By Global Supply Crisis - Akmal Nasrullah
KUALA LUMPUR, May 19 (Bernama) -- Five manufacturing subsectors were identified as being most affected by the impact of the energy crisis and global supply disruptions, according to Economy Minister Akmal Nasrullah Ahmad Nasir.
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.
Petronas Gas Posts Lower 1Q Net Profit Of RM438.68 Mln, Declares 16 Sen Dividend
KUALA LUMPUR, May 19 (Bernama) -- Petronas Gas Bhd (PGB) posted a lower net profit of RM438.68 million in the first quarter (1Q) ended March 31, 2026, down from RM468.79 million in the same period last year, in line with lower gross profit, coupled with lower profit generated from fund investments.
Megah Port, CILTM Sabah Host Engagement Session To Address Labuan's Logistics Issues
LABUAN, May 19 (Bernama) -- Megah Port Management Sdn Bhd and the Chartered Institute of Logistics and Transport Malaysia (CILTM) Sabah jointly hosted an engagement session with the Commercial Vehicle Licensing Board (LPKP) and the Road Transport Department (JPJ) recently to discuss operational issues related to licensing, permits and regulatory compliance.
Sunway Construction's 1Q Net Profit Up 56 Pct To RM118.41 Mln
KUALA LUMPUR, May 18 (Bernama) -- Sunway Construction Group Bhd's net profit for the first quarter ended March 31, 2026 (1Q FY2026) surged by 56 per cent to RM118.41 million compared with RM75.71 million in the same quarter last year, underpinned by higher contributions from all operating segments.
Malaysia Eyeing Conclusion Of MKFTA
KUALA LUMPUR, May 18 (Bernama) -- Malaysia is looking forward to the conclusion of the Malaysia–Korea Free Trade Agreement (MKFTA), which is seen as a platform to deepen trade linkages between the two countries.
Malaysia Well-positioned To Gain From Global Supply Chain Shift -- Apex Securities
KUALA LUMPUR, May 18 (Bernama) -- Malaysia is well-positioned to benefit from the ongoing global supply chain restructuring as multinational corporations continue diversifying operations beyond China and Taiwan amid persistent geopolitical tensions, according to Apex Securities Bhd.
Shipping Firms Defer Sapangar Port Congestion Surcharge: Ewon
PENAMPANG, May 16 (Bernama) -- Shipping companies have agreed to defer the proposed congestion surcharge at the Sapangar Bay Container Port (SBCP) following a series of engagements with Sabah’s Ministry of Industrial Development, Entrepreneurship and Transport (MINDET).
Rising Cost Boost Prospects For Microbial-Based Protein As Alternative Feed
From Nurunnasihah Ahmad Rashid
ALMETYEVSK (Russia), May 16 (Bernama) -- As global agriculture and agrifood supply chains encounter rising costs and supply uncertainties, alternative protein products are emerging as a potential growth area, especially in the animal feed sector.