Anaqua Acquires RightHub In Push For Global Growth

KUALA LUMPUR, May 16 (Bernama) -- Anaqua, an innovation and intellectual property (IP) management technology provider, has announced its acquisition of RightHub, an IP management software and services provider, to accelerate global growth.

PM Anwar Says Tatarstan Has Enormous Potential, Ready To Develop Ties With It

KAZAN (Tatarstan) May 15 (Bernama) -- Prime Minister Datuk Seri Anwar Ibrahim said the Republic of Tatarstan has enormous potential and that Malaysia is ready to discuss trade and economic issues with it, such as Islamic banking and the halal industry in Kazan, the capital of the republic.

AM Best Cites Underwriting Volatility In Korea P&I Club's Outlook Revision

KUALA LUMPUR, May 13 (Bernama) -- AM Best has revised the outlook to negative from stable for the long-term issuer credit rating (Long-Term ICR) and affirmed the financial strength rating (FSR) of B++ (Good) and the long-term ICR of “bbb+” (Good) of Korea P&I Club (KP&I).

Maritime Sector Not Immune To Tariff War, With Small Firms Facing Potential Death Blow

By Harizah Hanim Mohamed

KUALA LUMPUR, May 11 (Bernama) -- Malaysia’s maritime sector, including its ports, is not immune to the fallout from the tariff war, which can potentially deal a death blow to small companies if the cost of shipping cargo increases exorbitantly.

Bank Rakyat Issues RM1 Bln Senior Sukuk Wakalah

KUALA LUMPUR, May 9 (Bernama) -- Bank Rakyat has successfully issued a RM1 billion Islamic medium-term notes (IMTN) sukuk wakalah via special purpose vehicle (SPV) Imtiaz Sukuk II Bhd. 

EU-Malaysia FTA To Anchor Deeper Strategic Ties Amid Global Volatility - Envoy

KUALA LUMPUR, May 9 (Bernama) -- The European Union (EU) is positioning the Malaysia-EU Free Trade Agreement (FTA) as a central pillar in its broader strategy to deepen economic and geopolitical partnerships in ASEAN countries.

Boost Bank Disburses Nearly RM150 Mln In Financing To Hundreds Of SMEs

KUALA LUMPUR, May 6 (Bernama) -- Boost Bank has achieved a significant milestone in its journey as Malaysia’s first homegrown digital bank, having disbursed nearly RM150 million in financing to hundreds of small and medium enterprises (SME).

Malaysian SMEs Still Lagging Behind In Digitalisation Journey – Gobind

KUALA LUMPUR, May 6 (Bernama) -- Most Malaysian small and medium enterprises (SMEs) are still trailing behind larger enterprises in their digitalisation journey, said Digital Minister, Gobind Singh Deo.

Malaysia's Rubber Glove Market Share In US Expected To Rise To 55 Pct - Zafrul

KUALA LUMPUR, May 6 (Bernama) -- Malaysia's rubber glove market share in the United States is expected to increase to 55 per cent, despite facing a 10 per cent tariff hike and reciprocal tariffs imposed by the US on Malaysia.

MR D.I.Y. 's Net Profit Rises To RM174.15 Mln In 1Q

KUALA LUMPUR, May 5 (Bernama) -- MR D.I.Y. Group (M) Bhd’s net profit rose to RM174.15 million for the first quarter (1Q) ended March 31, 2025, from RM144.88 million in the same period last year.

Economists Lower Malaysia's GDP Growth Forecast To 4.5 Pct, Remain Confident In Economy's Resilience

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, May 5 (Bernama) -- Economists revised downwards Malaysia’s 2025 gross domestic product (GDP) growth to 4.5 per cent due to the debilitating tariffs implemented by the United States (US), but remained confident in the economy’s resilience.

Gamai Aims To Expand Seaweed Delicacy Market To The Philippines, Singapore

By Nor Farah Aqilah Mohd Sham

KUALA LUMPUR, May 4 (Bernama) -- Gamai Sdn Bhd, the producer of instant ‘latok’ -- a traditional seaweed delicacy also known as sea grapes that is gaining popularity among local and international food enthusiasts -- is targeting to export the product to the Philippines and Singapore next year.