OSK Property Unveils RM690 Mln Beachfront Development In Kuantan

KUALA LUMPUR, June 5 (Bernama) -- OSK Property Holdings Bhd has unveiled OSK Ombak, a RM690 million freehold beachfront development in Balok Beach, Kuantan, comprising 1,274 fully furnished residential units targeted for completion in 2030.

Malaysia Holds Top Ranking In Global Islamic Economy For 12th Year

KUALA LUMPUR, June 4 (Bernama) -- Malaysia has secured the top position in the Global Islamic Economy Indicator, reaffirming its leadership in the global halal economy, according to the State of the Global Islamic Economy (SGIE) Report 2025/2026.

Bering Lab Joins AI Accelerate Winter Cohort 2026 To Expand In Southeast Asia

KUALA LUMPUR, June 3 (Bernama) -- Bering Lab has been selected for the AI Accelerate Winter Cohort 2026, a 10-week growth programme run by BLOCK71 Singapore and Microsoft with support from Enterprise Singapore through Digital Industry Singapore (DISG).

Japan Life Insurers’ Reinsurance Use More Than Doubled Since 2020 - AM Best

KUALA LUMPUR, June 3 (Bernama) -- Japan’s life insurers have increasingly relied on reinsurance in recent years, with the overall cession rate as a percentage of total gross premium written for the segment rising to more than 24 per cent in 2023 and 2024 from just under 10 per cent in 2020, according to a new AM Best report.

Singapore Maintains 2026 GDP Growth Forecast At 2.0-4.0 Pct

By Anas Abu Hassan

SINGAPORE, May 25 (Bernama) -- Singapore’s economy is expected to maintain growth of 2.0 per cent to 4.0 per cent in 2026 despite rising downside risks of the West Asia conflict, according to the Ministry of Trade and Industry (MTI).

Ringgit Firmer Against US Dollar AS Stronger Export Performance Lifts Market Sentiment

By Harizah Hanim Mohamed

KUALA LUMPUR, May 20 (Bernama) -- The ringgit firmed against the US dollar as market sentiment improved on the back of Malaysia’s trade performance, which rose 28.6 per cent year-on-year (y-o-y) to a record RM336.73 billion in April 2026.

Gold Remains Relevant As Investments Despite Weakening Correlation With Currencies

KUALA LUMPUR, May 20 (Bernama) -- Precious metals such as gold and silver continue to play an important role as an investment strategy for hedging against uncertain economic situations, even though the inverse correlation between currencies and gold movements has changed, especially over the past three years.

Kazan Is Slowly Returning To Its Former Glory

From Nor Baizura Basri

KAZAN (Russia), May 17 (Bernama) -- Bauman Street in Kazan, known as the city’s main pedestrian and social hub, was bustling with activity as friends and families spent time together, with buskers adding to the lively atmosphere.

Ringgit Set To Trade Between 3.94 And 3.96 Against US Dollar Next Week

KUALA LUMPUR, May 16 (Bernama) -- The ringgit is expected to trade within a narrow range of between RM3.94 and RM3.96 against the US dollar next week.

Reforms Post-privatisation Bear Fruit For Airport Operator MAHB - Managing Director

From Kisho Kumari Sucedaram

BANGKOK, May 14 (Bernama) -- Malaysia Airports Holdings Bhd (MAHB) said reforms introduced following its privatisation exercise last year have strengthened operational efficiency, accelerated infrastructure planning and improved decision-making processes across Malaysia’s airport network.

ASEAN Urged To Address Financing Issues Before Implementing Regional Fuel-sharing Mechanism

By Fatin Umairah Abdul Hamid

KUALA LUMPUR, May 13 (Bernama) -- ASEAN should look into the financing aspects of the proposed framework for regional fuel-sharing mechanism before implementing it, said ASEAN Economic Club chairman Tan Sri Michael Yeoh.

Agility, Collaboration Critical In Navigating Global Aviation Challenges - MAHB

From Kisho Kumari Sucedaram

BANGKOK, May 13 (Bernama) -- Airport operators must exercise agility and flexibility, and collaborate to navigate the growing uncertainties, such as geopolitical tensions, operational disruptions, and changing passenger expectations, that the global aviation industry faces.