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Malaysia’s Services Sector Up 6 Pct Y-o-Y In 1Q 2025

KUALA LUMPUR, May 13 (Bernama) -- Malaysia’s services sector grew by 6.0 per cent year-on-year in the first quarter of 2025 (1Q 2025), reaching RM630 billion in revenue, according to the Department of Statistics Malaysia (DoSM).

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. 

EXIM Bank, Marrybrown Ink Strategic MoU To Drive Chain's Expansion Into Australia

KUALA LUMPUR, May 8 (Bernama) -- The Export-Import Bank of Malaysia Bhd (EXIM Bank) has inked a Memorandum of Understanding (MoU) with Marrybrown Sdn Bhd to become the key enabler of the Malaysian halal fast-food chain’s expansion into Australia, providing essential foreign currency financing to support its entry into the market.

AirAsia Malaysia Suspends Amritsar Flights Following Airport Closure

KUALA LUMPUR, May 7 (Bernama) -- AirAsia Malaysia has temporarily suspended flights to and from Amritsar, India, following the closure of Amritsar’s Sri Guru Ramdas Jee International Airport.

MATRADE Expanding Emerging Market Export Presence With RM50 Mln Boost

KUALA LUMPUR, May 7 (Bernama) -- The Malaysia External Trade Development Corporation (MATRADE) is expanding Malaysia’s export presence in emerging markets, following the government’s RM50 million allocation for its global trade diversification strategy.

AT&S Ready For High-volume Production At RM5 Bln Plant In Kulim

KULIM, May 5 (Bernama) – Austria Technologie & Systemtechnik AG (AT&S), one of the world’s leading manufacturers of high-end integrated circuit (IC) substrates and printed circuit boards, is now ready for high-volume manufacturing at its newly completed campus at Kulim Hi-Tech Park (KHTP), Kedah.

Trade Protectionism Disrupts Global Trade - ASEAN+3

KUALA LUMPUR, May 5 (Bernama) -- Rising trade protectionism impacts global trade, causing economic fragmentation that affects trade, investment, and capital flows throughout the region, as concluded in the 28th ASEAN+3 Finance Ministers’ and Central Bank Governors’ Meeting (AFMGM+3).

Global Air Passenger Demand Up 3.3 Pct In March 2025 - IATA

KUALA LUMPUR, April 30 (Bernama) -- Global air passenger demand rose by 3.3 per cent in March 2025, compared to the 2.7 per cent growth reported for February, according to the International Air Transport Association (IATA).

Maybank Appoints Shafiq Abdul Jabbar As Group CFO

KUALA LUMPUR, April 30 (Bernama) -- Malayan Banking Bhd (Maybank) has appointed Shafiq Abdul Jabbar as group chief financial officer (CFO), effective July 7, 2025.

Nor Shahrizan Sulaiman Appointed Officer-in-Charge Of Maybank Islamic

KUALA LUMPUR, April 24 (Bernama) -- Maybank Islamic Bhd (MIB) has appointed Nor Shahrizan Sulaiman, currently serving as deputy chief executive officer (CEO), as the officer-in-charge.

TNB Doubles Capex To RM42.9 Bln To Back Energy Transition Efforts

KUALA LUMPUR, April 24 (Bernama) -- Tenaga Nasional Bhd (TNB) has more than doubled its budgeted capital expenditure (capex) to RM42.9 billion — comprising RM26.6 billion in base capex and RM16.3 billion in contingent capex — to support infrastructure development for Malaysia’s energy transition.