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Gold Futures Set To Trade Cautiously Next Week Amid Rising US Yields, West Asia Tensions

KUALA LUMPUR, May 23 (Bernama) -- Gold futures on Bursa Malaysia Derivatives are expected to trade cautiously next week as United States Treasury yields continue to rise significantly amid ongoing tensions in West Asia.

Transparency, Governance Key For Strategic GLCs Investments - Anwar

KUALA LUMPUR, May 22 (Bernama) -- The government is open to government-linked companies (GLCs) taking calculated losses in strategic sectors such as the digital economy and artificial intelligence (AI), provided there is transparency, good governance and clear policies.

Sarawak Consolidated Industries Completes RM113 Mln Subsidiary Disposal

KUALA LUMPUR, May 22 (Bernama) -- Sarawak Consolidated Industries Bhd (SCIB) has completed the disposal of its subsidiary SCIB Concrete Manufacturing Sdn Bhd (SCM) for RM113 million.

Hektar REIT Proposes RM125 Mln Deal To Acquire, Lease International School

KUALA LUMPUR, May 22 (Bernama) -- Hektar Real Estate Investment Trust (Hektar REIT) has proposed to acquire the leasehold interest in 2.43 hectares in Setapak, Kuala Lumpur, together with a private school known as KYS KL East International School (KYSKLEIS) on it, for a purchase consideration of RM125 million.

Asian Development Bank, Labuan Chamber Of Commerce Discuss Labuan's Potential Economic Growth

By Jailani Hasan

LABUAN, May 22 (Bernama) -- The Asian Development Bank (ADB) held a strategic engagement session with the Labuan Chamber of Commerce (LCC) to explore Labuan’s potential as a regional platform capable of supporting economic growth and connectivity across Asian countries.

Mahsuri Food Launches State-of-the-art Production Facility In Negeri Sembilan

KUALA LUMPUR, May 22 (Bernama) -- Local halal sauces and condiments manufacturer, Mahsuri Food Sdn Bhd has launched its new state-of-the-art production facility in Seremban, Negeri Sembilan, marking its efforts to scale its production capabilities and efficiency.  

Malaysia’s Aerospace Workforce Exceeds 35,000 In 2025, Surpassing MAIB 2030 Target

SHAH ALAM, May 22 (Bernama) -- Malaysia’s aerospace, maintenance, repair and overhaul (MRO) and manufacturing sectors have employed more than 35,000 highly skilled workers in 2025, exceeding the initial target of over 30,000 by 2030 set under the Malaysian Aerospace Industry Blueprint 2030 (MAIB 2030).

Chinese Company Strengthens Perak’s Automotive Industry With RM160 Mln Investment - Saarani

IPOH, May 22 (Bernama) -- Chinese automotive component manufacturer Yantai Yatong Precision Mechanical Corporation is investing RM160 million to set up a new factory in Perak, further strengthening the state’s position as a growing automotive industry hub.

US$80 Bln For Deployment As Southeast Asia's Green Economy Enters A New Calculus

KUALA LUMPUR, May 22 (Bernama) -- Southeast Asia’s green economy has scaled to US$290 billion (US$1 = RM3.96) this year, but a realisation gap exceeding 35 per cent has opened between announced and deployed green capital expenditure (Capex) across the region’s power and electric vehicles (EV) value chains, according to a recent report by Bain & Company and Standard Chartered.

ADB Visit Underscores Labuan’s Role As O&G, Financial Services Gateway

By Jailani Hasan

LABUAN, May 22 (Bernama) -- The Asian Development Bank’s (ADB) official visit to Labuan has renewed attention on the duty-free island’s strategic economic position as an offshore oil and gas support base, international financial centre and maritime gateway.

Maybank Honours Winners Of 9th MyTIGER Values Art Competition At Stadium Merdeka

KUALA LUMPUR, May 22 (Bernama) -- Maybank Group’s social impact arm, Maybank Foundation, recently honoured winners of its 9th MyTIGER Values Art Competition and Exhibition (MTVACE) 2026 at Stadium Merdeka, showcasing artworks by 36 students from across the country.

HDC Appoints Mohd Afandi Salleh As Chairman, Effective Immediately

KUALA LUMPUR, May 22 (Bernama) -- Halal Development Corporation Bhd (HDC), an agency under the Ministry of Investment, Trade and Industry (MITI), has appointed Prof Dr Mohd Afandi Salleh as its chairman, effective immediately.