By Nur Athirah Mohd Shaharuddin
KUALA LUMPUR, May 29 (Bernama) -- The World Bank Group says the effect of the West Asia conflict on global food commodity prices in 2026 and 2027 is expected to be smaller compared to the early stages of the Russia-Ukraine conflict under the baseline assumption that supply disruptions in West Asia ease by mid-year.
KUALA LUMPUR, May 29 (Bernama) -- ENERtec Asia 2026, Southeast Asia’s premier energy technology exhibition and conference, is partnering with the Malaysian Investment Development Authority (MIDA) to strengthen Malaysia’s position as a regional hub for clean energy investments, renewable energy (RE) technologies and battery energy storage systems (BESS).
By Rosemarie Khoo Mohd Sani
KUALA LUMPUR, May 29 (Bernama) -- The ringgit ended the week higher against the US dollar on Friday, supported by renewed risk appetite following reports of a possible reopening of the Strait of Hormuz, a key global oil shipping route.
By Danni Haizal Danial Donald
KUALA LUMPUR, May 29 (Bernama) -- Bursa Malaysia reversed earlier gains to close marginally lower on Friday, pressured by late selling in blue-chip stocks as investors turned cautious amid ongoing geopolitical uncertainties in West Asia, which continued to dampen market sentiment.
KUALA LUMPUR, May 29 (Bernama) -- Bidgely will hold its EmPOWER AI London conference from June 10 to 12 as part of its global event series focused on artificial intelligence (AI), electrification and customer engagement in the energy sector.
KUALA LUMPUR, May 29 (Bernama) -- KiddeFenwal will showcase its fire protection technologies for battery energy storage systems (BESS) at the upcoming Interschutz and NFPA Conference and Expo as demand grows for safety solutions supporting the global energy transition.
KUALA LUMPUR, May 29 (Bernama) -- Global credit rating agency, AM Best has placed under review with developing implications the financial strength rating of A- (Excellent) and the long-term issuer credit rating of “a-” (Excellent) of Malaysia’s Labuan Reinsurance (L) Ltd (Labuan Re).
KUALA LUMPUR, May 29 (Bernama) -- Stoneshield Capital, an European investment firm, has completed the final close of its Opportunity Fund IV at its hard cap of 1.5 billion euros in capital commitments, exceeding its original 1.0 billion euros target amid strong investor demand for European real assets. (1 Euro = RM4.63)
By Nurunnasihah Ahmad Rashid
KUALA LUMPUR, May 29 (Bernama) -- Long before he stood in an international culinary arena in Russia bearing Malaysian flavours to judges from around the world, Wan Amirul Asyraaf Wan Rosidi learnt his earliest lessons about food in a simpler way.
KUALA LUMPUR, May 28 (Bernama) -- The West Asia conflict dragged down total air passenger demand, measured in revenue passenger kilometres (RPK), by 3.4 per cent year-on-year (y-o-y) in April 2026, according to the International Air Transport Association (IATA).
KUALA LUMPUR, May 28 (Bernama) -- Total demand of global air cargo, measured in cargo tonne-kilometres, increased by 4.0 per cent in April 2026, compared to April 2025 levels (4.0 per cent for international operations), according to the International Air Transport Association (IATA).
KUALA LUMPUR, May 28 (Bernama) -- QL Resources Bhd posted a lower net profit of RM450.35 million for the financial year ended March 31, 2026 (FY2026), compared with RM455.08 million in the previous financial year.
