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1Q GDP Growth To Meet Initial Forecast Of 5.3 Pct, Potentially Better -- Akmal Nasrullah

KUALA LUMPUR, May 14 (Bernama) -- Economic growth for the first quarter (1Q) of this year is expected to meet the advance forecast of 5.3 per cent, if not better, said Economy Minister Akmal Nasrullah Mohd Nasir today.

GenNx360 Capital Partners Exits Precision Aviation Group In US$2.025 Bln Deal 

KUALA LUMPUR, May 14 (Bernama) -- GenNx360 Capital Partners, a New York-based private equity firm, has agreed to sell its portfolio company, Precision Aviation Group (PAG), to VSE Corporation (VSE) in a transaction valued at approximately US$2.025 billion in cash and equity. (US$1 = RM3.93)

Malaysia Airports Wins International Carbon Accreditation Recognition

From Kisho Kumari Sucedaram

BANGKOK, May 13 (Bernama) -- Malaysia Airports Holdings Bhd (MAHB) received recognition from the Airports Council International (ACI) at the Airport Carbon Accreditation (ACA) Awards ceremony, with Penang International Airport and Kuching International Airport attaining ACA Level 1 accreditation for their carbon management efforts.

Green Building Initiative CEO Vicki Worden To Exit

KUALA LUMPUR, May 13 (Bernama) -- Green Building Initiative (GBI) has announced the planned departure of its Chief Executive Officer (CEO), Vicki Worden, who is set to leave in late June after leading the nonprofit organisation since 2015.

Nikkiso CE&IG Signs Marine Aftermarket Support Deal With Maran Tankers Management

KUALA LUMPUR, May 13 (Bernama) -- Nikkiso Clean Energy & Industrial Gases Group (Nikkiso CE&IG) has signed a five-year service agreement with Maran Tankers Management Inc to provide global aftermarket support for the company’s high-pressure pump systems, expanding Nikkiso CE&IG’s footprint in the marine sector.

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.

Hong Kong, New Zealand Among Easiest Business Hubs

KUALA LUMPUR, May 13 (Bernama) -- Hong Kong and New Zealand ranked among the world’s 10 least complex jurisdictions for doing business, supported by stable regulatory environments and strong digital infrastructure, according to TMF Group’s latest Global Business Complexity Index (GBCI).

UEM Group Channels RM5.5 Bln On Bumiputera Procurement From 2023-2025

KUALA LUMPUR, May 13 (Bernama) -- UEM Group Bhd and its subsidiaries spent a total of RM5.5 billion on procurement from Bumiputera vendors and suppliers between 2023 and 2025, said managing director Datuk Amran Hafiz Affifudin.

Johor Entrepreneurs Urged To Grab Global Supply Chain ​​Opportunities Via JS-SEZ

JOHOR BAHRU, May 12 (Bernama) -- Micro, small and medium enterprises (MSMEs) in Johor are urged to take advantage of development and seize opportunities through the Johor-Singapore Special Economic Zone (JS-SEZ) as a key platform to penetrate the global supply chain.

Taiwan Eyes Stronger Cooperation In High-Tech Supply Chain With Malaysia

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, May 12 (Bernama) -- Taiwan is seeking to strengthen cooperation with Malaysia in the high-tech supply chain, particularly in the electrical and electronics (E&E) sector, including semiconductors and artificial intelligence (AI).

KPK Focuses On Technology, Innovation To Drive Agri-commodities Sector

SEREMBAN, May 12 (Bernama) -- The Ministry of Plantation and Commodities (KPK) is intensifying its focus on technology, data and innovation to drive a smarter, more sustainable and resilient national agriculture and agricommodities sector, Minister Datuk Seri Dr Noraini Ahmad said.

MPOB Brings Over 200 Palm Oil, Agricommodity Innovations To Market

SEREMBAN, May 12 (Bernama) -- The Malaysian Palm Oil Board (MPOB) has commercialised more than 200 technologies, encompassing various innovations, in the country's palm oil and agri-commodity sectors to date, thereby contributing to the sustainability and progress of the sector.