ADE Secures US$100 Mln Financing From QNB Group To Accelerate Expansion, Strengthen Regional Position

KUALA LUMPUR, May 22 (Bernama) -- Asia Digital Engineering (ADE), the maintenance, repair and overhaul (MRO) subsidiary of Capital A Bhd, has secured a US$100 million (US$1=RM3.95) financing facility from QNB Group, a financial institution in the Middle East and Africa.

Ringgit Opens Higher Against Greenback, Major Currencies

KUALA LUMPUR, May 22 (Bernama) -- The ringgit opened firmer against the US dollar and major currencies on Friday, supported by easing geopolitical tensions in West Asia and Malaysia’s improving macroeconomic outlook.

Ringgit Closes Higher Against US Dollar, Regional Peers

By Abdul Hamid A Rahman

KUALA LUMPUR, May 21 (Bernama) -- The ringgit closed higher against the US dollar today, supported by Malaysia’s favourable domestic fundamentals.

MNRB FY2026 Profit Soars To RM545.39 Mln, Sets New Earnings Benchmark

KUALA LUMPUR, May 21 (Bernama) -- MNRB Holdings Bhd’s net profit rose to RM545.39 million for the financial year ended March 31, 2026 (FY2026) from RM394.25 million in the preceding year.

Rubber Market Ends Lower On Regional Declines

By Fatin Umairah Abdul Hamid

KUALA LUMPUR, May 21 (Bernama) -- The Kuala Lumpur rubber market ended lower on Thursday, weighed down by declines in the regional rubber futures markets and a stronger ringgit against the US dollar amid mixed developments surrounding the West Asia conflict, a dealer said.

Thailand’s Asian Re Retains Good Credit Ratings - AM Best

KUALA LUMPUR, May 21 (Bernama) -- Global credit rating agency, AM Best has affirmed the financial strength rating of B++ (Good) and the long-term issuer credit rating of “bbb” (Good) of Thailand’s Asian Reinsurance Corporation (Asian Re).

I Squared Capital Launches India Power Transmission Platform

KUALA LUMPUR, May 21 (Bernama) -- I Squared Capital (I Squared), a global infrastructure investment manager, has launched Cube Grid, a power transmission platform targeting India's expanding electricity grid.

FIDO Alliance Unveils Agenda For Authenticate APAC 2026 In Singapore

KUALA LUMPUR, May 21 (Bernama) -- The FIDO Alliance has announced agenda themes and programme highlights for Authenticate APAC 2026, scheduled to take place from June 2 to 3 at the Grand Hyatt Singapore.

Stricter Maritime Waste Management System Needed To Protect Melaka Strait From Pollution - Expert

By Nur Athirah Mohd Shaharuddin

KUALA LUMPUR, May 21 (Bernama) -- The head of a waste management consultancy has warned that Malaysia must impose a stricter maritime waste management system to protect the Strait of Melaka from environmental pollution, as shipping traffic is set to increase significantly through the passageway.

TNB: Energy No Longer Just Powers Homes But Also AI, Data Centres

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, May 21 (Bernama) -- Energy is no longer just about powering homes but has become a critical driver of the growing artificial intelligence (AI) ecosystem and the rapid expansion of computing, data centres, advanced manufacturing and electric mobility.

Ringgit Opens Firmer Against US Dollar On Easing West Asia Tensions

By K. Naveen Prabu

KUALA LUMPUR, May 21 (Bernama) -- The ringgit opened firmer against the US dollar on Thursday, supported by easing geopolitical tensions in West Asia.

MAG Expects Jet Fuel Prices To Hover At US$120-US$130 Over The Next One Year

By Nurunnasihah Ahmad Rashid

KUALA LUMPUR, May 20 (Bernama) -- Malaysia Aviation Group (MAG) expects jet fuel prices to hover between US$120 and US$130 per barrel over the next one year, based on current forward market indications, as airlines continue navigating geopolitical tensions and fuel supply disruptions affecting the aviation industry.