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IJM Corp Confirms Krishnan Tan Cleared From MACC Investigations

KUALA LUMPUR, May 15 (Bernama) -- IJM Corporation Bhd announced that its chairman, Tan Sri Krishnan Tan, has been cleared from the Malaysian Anti-Corruption Commission (MACC) investigations concerning the voluntary takeover offer by Sunway Bhd. 

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.

Ringgit Supported By Malaysia’s Strong Economic Outlook, Reform Momentum - BNM

KUALA LUMPUR, May 15 (Bernama) -- Malaysia’s firm economic prospects and sustained reform momentum are expected to provide enduring support to the ringgit, while external factors will continue to drive exchange rate movements, said Bank Negara Malaysia (BNM).

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.

Public Bank's 1Q2026 Net Profit Up Slightly To RM1.75 Bln On Stronger Loan, Deposit Portfolios

KUALA LUMPUR, May 14 (Bernama) -- Public Bank Bhd’s net profit increased slightly to RM1.75 billion in the first quarter ended March 31, 2026 (1Q 2026), from RM1.74 billion in the same period last year, supported by continued expansion in its loan and deposit portfolios.

Malaysia Must Build Resilient Exports, Not Rely On US Tariff Relief

KUALA LUMPUR, May 14 (Bernama) -- Malaysia must build more resilient export capabilities rather than relying on the United States' (US) temporary tariff relief, said Economic Minister Akmal Nasrullah Mohd Nasir.

1Q 2026 Property Transactions Recorded At About 90,000 Units, Valued At RM51.9 Bln -- JPPH

KUALA LUMPUR, May 14 (Bernama) — Malaysia’s property market activity remained stable with a moderate growth in the first quarter of 2026 (1Q 2026), with transactions totalling 89,966 worth RM51.9 billion, according to the Valuation and Property Services Department (JPPH) Director-General Abdul Razak Yusak.

MTDC Strengthens Growth Pathways For Technology Companies Through R2G 2026

KUALA LUMPUR, May 14 (Bernama) -- The Malaysian Technology Development Corporation (MTDC) is strengthening industry access and growth pathways for technology companies through the Road To Growth (R2G) 2026 Central initiative. 

Huayan Robotics To Showcase Automation Solutions In Malaysia

KUALA LUMPUR, May 14 (Bernama) -- Huayan Robotics, an intelligent collaborative robotics specialist, will showcase its latest automation solutions at METALTECH & AUTOMEX 2026 from May 20 to 23 at the Malaysia International Trade and Exhibition Centre (MITEC).

GenNx360 Capital Partners Exits Precision Aviation Group In US$2.025 Bln Deal 

KUALA LUMPUR, May 14 (Bernama) -- GenNx360 Capital Partners, a New York-based private equity firm, has agreed to sell its portfolio company, Precision Aviation Group (PAG), to VSE Corporation (VSE) in a transaction valued at approximately US$2.025 billion in cash and equity. (US$1 = RM3.93)

CILTM Calls For Maritime Resilience Framework To Strengthen Sabah Logistics Ecosystem

LABUAN, May 13 (Bernama) -- Sabah should develop a medium-term cargo flow redistribution and maritime resilience framework to strengthen the state’s logistics ecosystem, according to the Chartered Institute of Logistics and Transport Malaysia (CILTM) Sabah.

Medisca, dsm-firmenich To Expand Vitamin APIs Access For US Market

KUALA LUMPUR, May 13 (Bernama) -- Medisca, a leader in personalised pharmaceutical medicine, has entered into a strategic partnership with dsm–firmenich to expand access to pharmaceutical-grade vitamin active pharmaceutical ingredients (APIs) for the United States (US) compounding market.