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BNM: Malaysia's International Reserves Assets At US$118.70 Bln As Of End-April

KUALA LUMPUR, May 30 (Bernama) -- Malaysia's international reserve assets amounted to US$118.70 billion (US$1= RM4.21) as of end-April, 2025, while other foreign currency assets stood at US$1.75 billion, according to Bank Negara Malaysia (BNM).

Kerjaya Prospek Posts Higher Net Profit Of RM46.07 Mln In 1Q

KUALA LUMPUR, May 28 (Bernama) -- Kerjaya Prospek Group Bhd has posted a net profit of RM46.07 million in the first quarter ended March 31, 2025 (1Q 2025), up from RM33.55 million recorded in 1Q last year.

Malaysia To Emerge As Top Destination For Medical Tourism -- IHH Healthcare

KUALA LUMPUR, May 28 (Bernama) -- Malaysia has bright prospects in medical tourism, driven by its highly trained doctors, excellent facilities and competitive currency, said IHH Healthcare Bhd.

Introduce New Legislation To Enable AI To Operate Independently - PM Anwar

KUALA LUMPUR, May 28 (Bernama) -- New legislation has to be introduced to enable artificial intelligence (AI) to operate independently, without having to subject itself to the laws of the country, said Prime Minister Datuk Seri Anwar Ibrahim.

MyCC Seeks Public, Stakeholders Feedback On Proposed VSA Block Exemption

KUALA LUMPUR, May 27 (Bernama) -- The Malaysia Competition Commission (MyCC) has invited all interested stakeholders and the public to provide their feedback on the proposed block exemption application for vessel sharing agreements (VSAs), as outlined in its consultation document.

Shin Yang's Unit Receives LOI From Home Affairs Ministry For Completion Offshore Patrol Vessels

KUALA LUMPUR, May 27 (Bernama) -- Shin Yang Group Bhd’s (Shin Yang) wholly-owned subsidiary, Shin Yang Shipyard Sdn Bhd, has received a Letter of Intent (LOI) from the Ministry of Home Affairs to appoint as a contractor for works on offshore patrol vessels (OPVs).

MPOC Seeks EC Clarification On Malaysia's 'Standard Risk' Status

KUALA LUMPUR, May 23 (Bernama) -- The Malaysian Palm Oil Council (MPOC) will request clarification from the European Commission (EC) on its full benchmarking methodology used in its assessment on the ‘standard risk’ status given to Malaysia under the European Union Deforestation Regulation (EUDR).

Public Bank Falls In Early Trade

KUALA LUMPUR, May 22 (Bernama) -- Share prices of Public Bank Bhd declined by 2.48 per cent despite recording strong financial performance in the first quarter ended March 31, 2025 (1Q 2025).

Malaysian Govt Not Involved In Skyvast-Huawei AI Initiative - MITI

KUALA LUMPUR, May 21 (Bernama) -- The recent launch of an artificial intelligence (AI) infrastructure initiative, involving Skyvast Corporation and Huawei Technologies, was not developed, endorsed, or coordinated by the government, says the Ministry of Investment, Trade and Industry (MITI).

Anwar-Putin Camaraderie Seen As Strategic, Mutually Rewarding In A Polarised Global Landscape

By M. Saraswathi

KUALA LUMPUR, May 17 (Bernama) -- Datuk Seri Anwar Ibrahim’s just-ended official visit to Russia, with the highlight being the obviously cordial welcome accorded by President Vladimir Putin to the Prime Minister, certainly sends a powerful message and shows commitment at the highest levels to strengthen bilateral ties between Malaysia and Russia.

Stronger Malaysia-Russia Ties Not At Expense Of Others, Says PM Anwar

From Sharifah Hunaini Syed Ismail

KAZAN (Tatarstan) May 17 (Bernama) -- Prime Minister Datuk Seri Anwar Ibrahim said today that Malaysia’s growing ties with Russia should not be seen as a zero-sum game, stressing that as an open trading nation, it is vital for the country to expand partnerships broadly to protect its economic interests.

No Decision Yet On EUDR Low Risk Status For Malaysian Palm Oil, Benchmarking Ongoing – Envoy

KUALA LUMPUR, May 16 (Bernama) -- The European Union (EU) has yet to determine whether Malaysia will be classified as a low risk country under its upcoming country benchmarking system for the EU Deforestation Regulation (EUDR), said EU Ambassador to Malaysia Rafael Daerr.