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Labuan Corp Advisory Council Urges CVLB To Set Up Labuan Branch To Boost Transport, Logistics Industry

LABUAN, April 29 (Bernama) -- The Commercial Vehicles Licensing Board (CVLB) has been urged to establish a branch here to facilitate dealings by transport and logistics companies operating on the island.

AM Best Affirms Guild Insurance Credit Ratings At Excellent

KUALA LUMPUR, April 29 (Bernama) -- Global credit rating agency, AM Best has affirmed the financial strength rating of A- (Excellent) and the long-term issuer credit rating of “a-” (Excellent) of Australia’s Guild Insurance Limited (GIL), with the outlook for both credit ratings (ratings) remaining stable.

DutyFreeZone Opens Early Enrolment For Global Duty-Free Platform

KUALA LUMPUR, April 29 (Bernama) -- DutyFreeZone.com (DFZ) has launched its early enrolment programme for vendors, premium brands, suppliers and investors, advancing plans to build what it describes as the world’s first fully digital global duty-free marketplace.

Labuan Corporation Advisory Council Supports Oil Refinery Proposal

LABUAN, April 29 (Bernama) — The Labuan Corporation Advisory Council has unanimously agreed to support a proposal to establish an oil refinery on the island, describing it as a strategic move to spur economic growth and create employment opportunities.

Energy Transition Accelerates As Trillions In Investments Fuel Global Shift

KUALA LUMPUR, April 29 (Bernama) -- Energy transition efforts worldwide continue to gain momentum, despite an increasingly complex geopolitical landscape, with investment estimated to have reached US$3.3 trillion (US$1 = RM3.95) last year.

AGC Biologics Honoured For Leadership In Regulatory, Quality Compliance

KUALA LUMPUR, April 28 (Bernama) -- AGC Biologics, a global biopharmaceutical contract development and manufacturing organisation (CDMO), has won the 2026 Fierce Outsourcing Award for Leadership in Regulatory and Quality Compliance.

Labuan IBFC To Intensify Digital Finance, Islamic Finance, Insurance Growth In 2026

KUALA LUMPUR, April 28 (Bernama) -- Labuan Financial Services Authority (Labuan FSA) will focus on intensifying market development and innovation in digital finance, Islamic finance and insurance as Labuan International Business and Financial Centre (Labuan IBFC) navigates a more challenging external environment in 2026.

Labuan IBFC Records US$94 Bln In Total Assets In 2025 - Market Report

KUALA LUMPUR, April 28 (Bernama) -- The Labuan International Business and Financial Centre (Labuan IBFC) recorded total industry assets of US$94 billion (US$1=RM3.95) in 2025, up 13 per cent from the previous year, reflecting continued resilience and growth momentum across key sectors.

Veson, Veracity By DNV Partner On Verified Emissions Data Integration

KUALA LUMPUR, April 28 (Bernama) -- Maritime data and freight management solutions provider, Veson Nautical (Veson) has formed a strategic partnership with Veracity by DNV to integrate verified emissions data into operational and commercial shipping workflows.

DHCG, Porton Advanced Partner To Accelerate Cell, Gene Therapies Development

KUALA LUMPUR, April 28 (Bernama) -- Dark Horse Consulting Group (DHCG) has signed a memorandum of understanding (MoU) with Porton Advanced to establish a strategic collaboration aimed at accelerating the development and clinical translation of cell and gene therapies globally.

HERE, Lotus Bring Highway Navigation On Autopilot To Global Markets

KUALA LUMPUR, April 24 (Bernama) -- HERE Technologies, a mapping and location data company, and Lotus have announced a major milestone in their global collaboration with the debut of Lotus’ first overseas integrated navigation and Highway Navigation on Autopilot (NOA) solution.

Stronger Collaboration Key To Boost Malaysia’s OGSE Resilience Amid Global Uncertainty

By Karina Imran

KUALA LUMPUR, April 24 (Bernama) -- Malaysia’s energy security continues to be underpinned by a resilient ecosystem involving multiple stakeholders, particularly oil and gas services and equipment (OGSE) players that remain a crucial component of the industry’s value chain.