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Mobix Labs Targets Critical Minerals Supply Chain With SPD Deal

KUALA LUMPUR, May 15 (Bernama) -- Mobix Labs has unveiled plans to expand into the strategic rare earth and critical minerals sector through a proposed acquisition of Special Project Delivery LLC (SPD), a United States (US)-based supply chain platform.

HERE Unveils AI-Based Last-Meter Delivery Solution

KUALA LUMPUR, May 15 (Bernama) -- HERE Technologies, the mapping and location data platform, has unveiled HERE Last Meter Guidance, a location intelligence solution designed to help drivers complete final handoffs more quickly and accurately using artificial intelligence (AI)-based navigation

Russia Highlights Expanding Partnership With Islamic Countries

From Nurunnasihah Ahmad Rashid

KAZAN (Russia), May 15 (Bernama) -- Russia signalled its commitment to ongoing cooperation with Islamic countries in sectors including energy, industry, information technology (IT), construction, agriculture, finance, education, healthcare and tourism.

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.

SBC Medical Revenue Declines On Franchise Fee Restructuring

KUALA LUMPUR, May 15 (Bernama) -- SBC Medical Group Holdings Incorporated (SBC Medical) reported total revenue of US$43 million for the first quarter ended March 31, 2026, down nine per cent year-on-year, mainly due to changes in its franchise fee structure implemented last year. (US$1=RM3.93)

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.

Trade Remains Key Driver Of Development - Mohamad Hasan

From Mohd Khairi Idham Amran

NEW DELHI, May 15 (Bernama) -- Malaysia believes that trade remains a key driver of development and increasing South-South trade should be further harnessed, Foreign Minister Datuk Seri Mohamad Hasan said.

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.

Malaysia's Current Account Surplus Surges To RM15.2 Bln In 1Q 2026, Equivalent 3 Pct Of GDP

KUALA LUMPUR, May 15 (Bernama) -- Malaysia continued to record a surplus in the current account balance (CAB) in the first quarter of 2026 (1Q 2026), amounting to RM15.2 billion, equivalent to 3.0 per cent of gross domestic product (GDP), significantly higher than RM2.7 billion in 4Q 2025.

Ringgit Supported By Malaysia’s Strong Economic Outlook, Reform Momentum - BNM

KUALA LUMPUR, May 15 (Bernama) -- Malaysia’s firm economic prospects and sustained reform momentum are expected to provide enduring support to the ringgit, while external factors will continue to drive exchange rate movements, said Bank Negara Malaysia (BNM).

Malaysia’s 1Q 2026 Headline Inflation Rises To 1.6 Pct, Core Inflation Eases To 2.1 Pct

KUALA LUMPUR, May 15 (Bernama) -- Malaysia’s headline inflation increased to 1.6 per cent in the first quarter of 2026 (1Q 2026) from 1.3 per cent in 4Q 2025, while core inflation moderated to 2.1 per cent from 2.3 per cent previously, said Bank Negara Malaysia (BNM).