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Bank Rakyat Offers EV Financing At Fixed 1.88 Pct Rate

KUALA LUMPUR, May 16 (Bernama) -- Bank Kerjasama Rakyat Malaysia Bhd (Bank Rakyat) is offering an exclusive financing package for the purchase of new battery electric vehicles (BEV), hybrid electric vehicles (HEV), plug-in hybrid electric vehicles (PHEV) and other hybrid vehicles, including mild hybrid electric vehicles (MHEV).

MEF Reaffirms Commitment To Workplace Mental Health Protection

KUALA LUMPUR, May 16 (Bernama) -- The Malaysian Employers Federation (MEF) has reaffirmed its commitment to supporting national efforts to strengthen workplace mental health protection and psychosocial risk management.

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).

Bursa Malaysia Seen Trading With Upside Bias Next Week Amid Geopolitical, Earnings Watch

KUALA LUMPUR, May 16 (Bernama) -- Bursa Malaysia is expected to trade with a mild upside bias next week as investors continue assessing a complex mix of external geopolitical developments, resilient domestic macroeconomic conditions and critical earnings catalysts from the US technology sector.

Ringgit Set To Trade Between 3.94 And 3.96 Against US Dollar Next Week

KUALA LUMPUR, May 16 (Bernama) -- The ringgit is expected to trade within a narrow range of between RM3.94 and RM3.96 against the US dollar next week.

Gas Malaysia To Jointly Develop Regasification Terminal With Tokyo Gas, VTTI B.V.

KUALA LUMPUR, May 15 (Bernama) -- Gas Malaysia Bhd has entered into a joint development agreement (JDA) with Japan’s Tokyo Gas Co Ltd and Netherlands-based VTTI B.V. to develop the liquefied natural gas (LNG) regasification terminal project in Yan, Kedah.

Malaysia's External Position To Stay Resilient Amid Geopolitical Uncertainty -- Kenanga Investment

KUALA LUMPUR, May 15 (Bernama) -- Malaysia’s external position should remain resilient despite heightened geopolitical uncertainty and the ongoing US-Iran conflict, said Kenanga Investment Bank Bhd. 

Ringgit Closes Mostly Higher Against Major Currencies On Strong GDP Data

By Abdul Hamid A Rahman

KUALA LUMPUR, May 15 (Bernama) -- The ringgit closed mostly higher against major currencies after Bank Negara Malaysia announced that Malaysia’s economy expanded by 5.4 per cent in the first quarter of 2026 (1Q 2026), exceeding the advance estimate of 5.3 per cent, driven by robust domestic demand, investment activities and exports.

KAF Investment Funds Launches New Global Islamic Equity Fund

KUALA LUMPUR, May 15 (Bernama) -- KAF Investment Funds Bhd (KIFB) has launched the KAF Global Islamic Equity Fund (KGIEF), aimed at providing investors with strategic exposure to Shariah-compliant equities.

Guangzhou Arbitration Commission Opens Global Arbitrator Applications

KUALA LUMPUR, May 15 (Bernama) -- The Guangzhou Arbitration Commission (GZAC) has opened global applications for its panel of arbitrators, seeking professionals with cross-border alternative dispute resolution (ADR) experience in fields including law, international trade and commerce.

Kioxia, Dell Technologies To Deliver High-Density AI Storage Server Configuration

KUALA LUMPUR, May 15 (Bernama) -- Kioxia Corporation, a world leader in memory solutions, has collaborated with Dell Technologies to deliver a 2U server configuration capable of scaling to an unprecedented 9.8 petabytes (PB) of flash storage.

Bursa Malaysia Ends Lower, Tracking Weak Regional Sentiment

By Siti Noor Afera Abu

KUALA LUMPUR, May 15 (Bernama) -- Bursa Malaysia ended the day on a low note, in line with the weaker regional market sentiment as investors adopted a cautious stance amid renewed concerns over rising global oil prices and potential inflationary spillover across major economies.