Penang Maintains Position As "Export Engine", Contributes 45 Pct To National Exports

GEORGE TOWN, May 1 (Bernama) -- Penang’s economy is on a very strong footing as it moves into the second quarter of 2026, and the state continues to maintain its position as Malaysia’s “Export Engine,” contributing nearly 45 per cent to total national exports.

MAB Academy Aims To Be ASEAN’s leading Aviation Training COE

By Danni Haizal Danial Donald

SEPANG, May 1 (Bernama) -- Malaysia Aviation Group’s (MAG) training arm, MAB Academy Sdn Bhd, aims to become ASEAN’s leading centre of excellence (COE) for aviation, hospitality and professional training, offering hands-on programmes to develop a future-ready workforce.

AI, Digital Infrastructure Investment Key To Malaysia's Economic Transformation - Expert

By Mohamad Syazwan Mustafa

JOHOR BAHRU, April 30 (Bernama) -- Artificial intelligence (AI) and a surge in digital infrastructure investment, particularly data centres, are expected to be key drivers of Malaysia's economic growth over the next five to 10 years, thus reshaping the country's economic structure from a labour-intensive model to a high-value technology and data-based economy.

Ringgit Closes Lower On Volatile Oil Prices, Latest Fed Decision

By Abdul Hamid A Rahman

KUALA LUMPUR, April 30 (Bernama) -- The ringgit eased against most currencies, including the US dollar, as investors shifted towards safe-haven assets amid concerns over volatile crude oil prices.

Bina Darulaman Strengthens Focus On Core Business To Drive Long-Term Growth

KUALA LUMPUR, April 30 (Bernama) -- Bina Darulaman Bhd (BDB) is strengthening its focus on core businesses and operational discipline as part of a comprehensive recovery plan to restore profitability, improve execution and build a more resilient platform for long-term growth.

Penang Does Not Need Supplementary Budget For Now - Chow

GEORGE TOWN, April 30 (Bernama) -- Penang does not require a supplementary budget for the time being as its financial position remains strong despite the global economic uncertainty.

Bursa Malaysia 1Q Net Profit Rises To RM72.83 Mln

KUALA LUMPUR, April 30 (Bernama) -- Bursa Malaysia Bhd’s net profit for the first quarter ended March 31, 2026 (1Q FY2026) rose to RM72.83 million from RM68.42 million in the same period last year.

Cold Storage Opens First Kedah Outlet At The Tenz Emporium, Set To Boost Local Economy

ALOR SETAR, April 30 (Bernama) -- Premium supermarket Cold Storage’s first outlet in Kedah, at The Tenz Emporium here, is expected to boost the local economy and lifestyle landscape of the city.

AirTrunk Raises Investment In Malaysia By RM12 Bln To RM27 Bln -- PM Anwar

KUALA LUMPUR, April 30 (Bernama) — AirTrunk, a hyperscale data centre platform company in Asia Pacific and West Asia, will increase its investment by another RM12 billion this year, bringing its total committed investment in Malaysia to RM27 billion.

Sabah Sets Up Special Committee To Study Targeted Subsidies Amid Global Oil Price Rise

KOTA KINABALU, April 29 (Bernama) -- The Sabah state government has established a special committee to study the need for targeted subsidies as an effort to assist sectors affected by the rise in global oil prices, said Deputy Chief Minister II Datuk Seri Masidi Manjun.

Ascend Airways Malaysia Unaffected By UK Unit's Wind-down

KUALA LUMPUR, April 29 (Bernama) -- Ascend Airways Malaysia Sdn Bhd has clarified that its operations remain unaffected by developments involving its United Kingdom (UK)-based counterpart, Ascend Airways Ltd.

Labuan Seeks Equal Duty-Free Treatment As Langkawi

LABUAN, April 29 (Bernama) -- Labuan’s duty-free status should be given equal consideration for full restoration, in line with the proposal being studied for Langkawi, to support the island’s tourism, retail and business sectors, the Labuan Corporation (LC) Advisory Council said.