Bank Rakyat Offers EV Financing At Fixed 1.88 Pct Rate

KUALA LUMPUR, May 16 (Bernama) -- Bank Kerjasama Rakyat Malaysia Bhd (Bank Rakyat) is offering an exclusive financing package for the purchase of new battery electric vehicles (BEV), hybrid electric vehicles (HEV), plug-in hybrid electric vehicles (PHEV) and other hybrid vehicles, including mild hybrid electric vehicles (MHEV).

Bursa Malaysia Seen Trading With Upside Bias Next Week Amid Geopolitical, Earnings Watch

KUALA LUMPUR, May 16 (Bernama) -- Bursa Malaysia is expected to trade with a mild upside bias next week as investors continue assessing a complex mix of external geopolitical developments, resilient domestic macroeconomic conditions and critical earnings catalysts from the US technology sector.

Taiwan’s ALP Launches RM500 Mln Smart Cold Chain Facility In Shah Alam

KUALA LUMPUR, May 15 (Bernama) -- Taiwan property developer and operator of smart logistics infrastructure company, Ally Logistic Property (ALP), has launched its first purpose-built smart cold chain facility in Malaysia and second OMEGA project in the Klang Valley for approximately RM500 million.

Gas Malaysia To Jointly Develop Regasification Terminal With Tokyo Gas, VTTI B.V.

KUALA LUMPUR, May 15 (Bernama) -- Gas Malaysia Bhd has entered into a joint development agreement (JDA) with Japan’s Tokyo Gas Co Ltd and Netherlands-based VTTI B.V. to develop the liquefied natural gas (LNG) regasification terminal project in Yan, Kedah.

Malaysia's External Position To Stay Resilient Amid Geopolitical Uncertainty -- Kenanga Investment

KUALA LUMPUR, May 15 (Bernama) -- Malaysia’s external position should remain resilient despite heightened geopolitical uncertainty and the ongoing US-Iran conflict, said Kenanga Investment Bank Bhd. 

KAF Investment Funds Launches New Global Islamic Equity Fund

KUALA LUMPUR, May 15 (Bernama) -- KAF Investment Funds Bhd (KIFB) has launched the KAF Global Islamic Equity Fund (KGIEF), aimed at providing investors with strategic exposure to Shariah-compliant equities.

Kioxia, Dell Technologies To Deliver High-Density AI Storage Server Configuration

KUALA LUMPUR, May 15 (Bernama) -- Kioxia Corporation, a world leader in memory solutions, has collaborated with Dell Technologies to deliver a 2U server configuration capable of scaling to an unprecedented 9.8 petabytes (PB) of flash storage.

Bursa Malaysia Ends Lower, Tracking Weak Regional Sentiment

By Siti Noor Afera Abu

KUALA LUMPUR, May 15 (Bernama) -- Bursa Malaysia ended the day on a low note, in line with the weaker regional market sentiment as investors adopted a cautious stance amid renewed concerns over rising global oil prices and potential inflationary spillover across major economies.

Mobix Labs Moves Into Rare Earths With Proposed SPD Acquisition

KUALA LUMPUR, May 15 (Bernama) -- Mobix Labs Inc has signed a non-binding Letter of Intent to acquire Special Project Delivery LLC (SPD), a strategic infrastructure platform focused on building sovereign United States (US) supply chains for rare earth elements, critical minerals, and energy storage.

Central Bank Has Priced Potential Scenarios For West Asia Conflict Into 2026 Growth, Inflation Forecasts - Governor

KUALA LUMPUR, May 15 (Bernama) -- Bank Negara Malaysia (BNM) has already priced in potential scenarios from the ongoing West Asia conflict into its 2026 growth and inflation forecasts, Governor Datuk Seri Abdul Rasheed Ghaffour said today.

Malaysia Should Focus On Macroeconomic Stability While Safeguarding Critical Buffers - BNM

KUALA LUMPUR, May 15 (Bernama) -- Malaysia's near-term policy priorities should focus on preserving macroeconomic stability while safeguarding critical buffers amidst the global supply shock due to the West Asia conflict. 

Bursa Malaysia Lower At Midday, Tracking Regional Peers Amid US-China Summit Watch

KUALA LUMPUR, May 15 (Bernama) -- Bursa Malaysia ended the morning trading session lower, tracking weaker regional market performance as investors remained cautious and kept a close watch on developments from the US-China Summit.