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Iran Conflict May Boost Drilling Activities Off Sabah, Says Labuan O&G Player

LABUAN, May 15 (Bernama) -- The unresolved conflict involving Iran is expected to indirectly drive more active oil drilling activities in Sabah waters, said Labuan Chamber of Commerce (LCC) Oil and Gas Bureau chairman Masnawi Nawe.

Tatneft Ready For Potential Collaboration With Petronas

From Nurunnasihah Ahmad Rashid

ALMETYEVSK (Russia), May 14 (Bernama) -- Tatneft, a top-five largest oil company in Russia, is open to explore potential collaboration in petrochemicals, refining and sustainable energy initiatives with Petronas.

Malaysia Seeks To Strengthen Collaboration With India In Semiconductors, Renewable Energy

From Mohd Khairi Idham Amran

NEW DELHI, May 14 (Bernama) -- Malaysia is seeking to strengthen strategic collaboration with India across several high-potential sectors, including semiconductors, renewable energy, human resource development and tourism, said Malaysian High Commissioner to India Datuk Muzafar Shah Mustafa.

Bursa Malaysia Ends Marginally Lower As Banking Stocks Weigh On Market

By Siti Noor Afera Abu

KUALA LUMPUR, May 14 (Bernama) -- Bursa Malaysia closed slightly lower today, dragged down by banking counters as investors took profit from recent gains amid cautious regional sentiment ahead of clearer indications from talks between United States President Donald Trump and Chinese President Xi Jinping.

ICW Borneo 2026 To Advance Sabah And Sarawak's Construction Industry

KUALA LUMPUR, May 13 (Bernama) -- The International Construction Week (ICW) Borneo 2026 was officially launched in Kota Kinabalu yesterday, marking the second edition of the regional construction industry event focusing on industry development, technical discussions and engagement with stakeholders in East Malaysia.

Malaysia Must Prioritise Resilience In New Global Order -- Liew

SUBANG JAYA, May 13 (Bernama) -- Malaysia is experiencing a consequential shift in the global order, necessitating a move away from the traditional pursuit of economic efficiency toward prioritising resilience, said Deputy Finance Minister Liew Chin Tong.

Aviation Sector Pushing Resilience, Sustainability Amid Global Shifts - ACI

From Kisho Kumari Sucedaram

BANGKOK, May 13 (Bernama) -- Airports are evolving beyond their traditional role as transportation hubs, and they are increasingly focusing on resilience, sustainability and adaptability amid a rapidly changing global landscape, according to Airports Council International (ACI) Asia-Pacific and Middle East director-general Stefano Baronci.

UEM Group Channels RM5.5 Bln On Bumiputera Procurement From 2023-2025

KUALA LUMPUR, May 13 (Bernama) -- UEM Group Bhd and its subsidiaries spent a total of RM5.5 billion on procurement from Bumiputera vendors and suppliers between 2023 and 2025, said managing director Datuk Amran Hafiz Affifudin.

Taiwan Seeks Negotiations To Update 1993 Bilateral Investment Agreement With Malaysia

KUALA LUMPUR, May 12 (Bernama) -- Taiwan has urged the Malaysian government to initiate negotiations to update the Malaysia-Taiwan Bilateral Investment Agreement (BIA) signed in 1993 to reflect today’s evolving global investment landscape.

Malaysia GDP Seen At 4.8 Pct In 2026 If West Asia War Ends By June -- Affin Bank

KUALA LUMPUR, May 12 (Bernama) -- Malaysia’s gross domestic product (GDP) is projected to expand 4.8 per cent in 2026, provided the West Asia conflict ends by June, underpinned by stable domestic demand, improving investment activity and ongoing economic reforms, Affin Bank Bhd said.

RCEP Must Pivot To High-complexity Trade And Integrated Supply Chains

HAIKOU (China), May 12 (Bernama) -- The Regional Comprehensive Economic Partnership (RCEP) must evolve beyond traditional tariff reductions and simple transhipment towards high-complexity trade and integrated supply chains.

BNM, Bank Indonesia Sign Mou To Strengthen Bilateral Cooperation

KUALA LUMPUR, May 11 (Bernama) -- Bank Negara Malaysia (BNM) and Bank Indonesia (BI) have signed a new memorandum of understanding (MoU) that strengthens bilateral cooperation between the two central banks.