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Malaysia’s Fuel Subsidies Help E-hailing Drivers Stay On The Road Amid Cost Pressures

KUALA LUMPUR, May 19 (Bernama) -- A mobility platform said Malaysia’s fuel subsidy mechanism continues to help e-hailing drivers manage rising operating costs, allowing many to remain on the road despite global fuel price pressures.

NM Aircond Builds Legacy In Air-conditioning Business, Eyes Franchise Development

JOHOR BAHRU, May 19 (Bernama) -- Starting from experience in the hospitality industry, a husband-and-wife team has successfully built a competitive air conditioning business through NM Aircond Sdn Bhd since February 2014.

IILM Hits Record US$7.055 Bln Outstanding Ṣukuk Portfolio Despite Volatile Markets

KUALA LUMPUR, May 18 (Bernama) -- The International Islamic Liquidity Management Corporation’s (IILM) total outstanding short-term sukuk assets climbed to a record US$7.055 billion, following a US$975 million issuance and reissuance exercise (US$1=RM3.97). 

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.

99 Speed Mart Posts Higher Net Profit Of RM188.56 Mln In 1Q

KUALA LUMPUR, May 18 (Bernama) -- 99 Speed Mart Retail Holdings Bhd posted a higher net profit of RM188.56 million in the first quarter of its financial year ended March 31, 2026 (1Q 2026), compared with RM144.90 million in the same period last year.

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.  

AEON Posts Higher Net Profit Of RM83.72 Mln In 1Q

KUALA LUMPUR, May 18 (Bernama) -- AEON Co (M) Bhd posted a higher net profit of RM83.72 million in the first quarter of its financial year ended March 31, 2026 (1Q FY2026), compared with RM68.10 million in the same period last year.

SIC Bets On Premium Positioning For Driving Experience Centre Despite Slow Take-up

KUALA LUMPUR, May 18 (Bernama) -- Sepang International Circuit (SIC) is maintaining a premium positioning for its newly completed Driving Experience Centre (DEC) despite modest early utilisation as the initiative forms part of efforts to sweat its non-race assets and diversify revenue streams.

Digital Investments, AI Continue To Support Malaysia's Economic Growth -- Amir Hamzah

GEORGE TOWN, May 18 (Bernama) -- Malaysia’s economic growth prospects remain positive, supported by inflows of foreign and domestic investments and sustained demand in the artificial intelligence (AI), data centre, and semiconductor sectors.

Fushi Fynix, PlayMade Win Dual Bronze At MARKies Awards Singapore 2026

KUALA LUMPUR, May 18 (Bernama) -- Fynix, a brand under Fushi Tech, and PlayMade won two Bronze awards at the MARKies Awards Singapore 2026 for their jointly developed membership and customer engagement system.

TNB Launches Santong BESS, Malaysia’s First BESS Connected To National Grid

DUNGUN, May 18 (Bernama) -- The Santong Battery Energy Storage System (BESS) project, with a capacity of 100 megawatt (MW)/400 MW-hour (MWh), developed by Tenaga Nasional Bhd (TNB), is the first BESS system in the country to be connected to the national grid.

Modon, Montage To Launch First Branded Residences In Egypt’s Ras El Hekma 

KUALA LUMPUR, May 18 (Bernama) -- Abu Dhabi-based Modon Holding and Montage Hotels & Resorts announced the launch of Montage Ras El Hekma, introducing the first branded residences for purchase at Ras El Hekma on Egypt’s Mediterranean coast.