Petronas, Aramco Announce Transfer of Full Ownership of PRefChem To Petronas

KUALA LUMPUR, May 25 (Bernama) -- Petroliam Nasional Bhd (Petronas) and Saudi Arabian Oil Company (Aramco) today announced the signing of an agreement for the transfer of the latter’s equity stakes, held via Aramco Overseas Company B.V., in Pengerang Refining Company Sdn Bhd and Pengerang Petrochemical Company Sdn Bhd (collectively, PRefChem), located within the Pengerang Integrated Complex, Pengerang, Johor to Petronas.

Abaxx Launches Silver Singapore Futures Trading

KUALA LUMPUR, May 25 (Bernama) -- Abaxx Technologies Inc (Abaxx), a financial software and market infrastructure company, announced that trading has commenced in Silver Singapore (SSP) futures, expanding Abaxx Exchange’s precious metals product suite.

Axiata 1Q Net Profit Rises To RM273.80 Mln

KUALA LUMPUR, May 25 (Bernama) -- Axiata Group Bhd’s net profit rose to RM273.80 million in the first quarter ended March 31, 2026 (1Q) from RM159.84 million in the same quarter last year. 

​SC Launches Social Exchange Platform; Aims For Accountability In Charitable Funding

KUALA LUMPUR, May 25 (Bernama) — The launch of the Social Exchange platform by the Securities Commission (SC) will address public concerns related to charity fundraising and support social outcomes in a more organised and accountable manner.

MITI: Malaysia Reaffirms Commitment To Rules-based Trade, Inclusive Growth At APEC MRT 2026

KUALA LUMPUR, May 25 (Bernama) -- Malaysia has reaffirmed its commitment to an open, transparent, predictable and rules-based global trading system anchored on the World Trade Organisation (WTO) at the Asia-Pacific Economic Cooperation (APEC) Ministers Responsible for Trade (MRT) Meeting in China, the Ministry of Investment, Trade and Industry (MITI) said.

Strarion Advisory Builds Bridge To Russia-CIS Market, Positions Malaysia As ASEAN Gateway

KUALA LUMPUR, May 24 (Bernama) -- A Malaysian strategic advisory firm is positioning itself as a bridge connecting Malaysia and the Russia-Commonwealth of Independent States (CIS) market, aiming to unlock cross-border investment opportunities while strengthening Malaysia’s role as a strategic gateway into Southeast Asia.

Malaysia Well-placed To Lead ASEAN Power Grid Development - TNB

By Wan Muhammad Aslah Wan Razali

KUALA LUMPUR, May 23 (Bernama) -- Malaysia has a strong foundation to lead the development of smart and sustainable energy in the ASEAN region, particularly through efforts to realise the ASEAN Power Grid (APG), said Malaysia’s Tenaga Nasional Bhd (National Energy Limited) senior chief strategy, regulatory and sustainability officer Muhamad Nazri Pazil.

Ringgit Set To Trade Between 3.95 And 3.97 Against US Dollar Next Week

By Harizah Hanim Mohamed

KUALA LUMPUR, May 23 (Bernama) -- The ringgit is expected to trade within a narrow range of between RM3.95 and RM3.97 next week against the US dollar amid a shortened trading week.

Bank Islam Offers Integrated Banking Solutions For Malaysian Haj Pilgrims

KUALA LUMPUR, May 12 (Bernama) -- Bank Islam Malaysia Bhd is offering integrated and comprehensive haj banking solutions to help Malaysian pilgrims manage their financial affairs seamlessly, from pre-departure preparations to the performance of haj rituals in Makkah and Madinah.

Digital Trust, Data Security Strategy To Be Presented In 3Q This Year - Gobind

PETALING JAYA, May 21 (Bernama) -- The Digital Trust and Data Security Strategy 2026-2030 is expected to be presented in the third quarter of this year, said Digital Minister Gobind Singh Deo.

Bursa Malaysia Closes Lower Amid Weak Global Risk Sentiment

KUALA LUMPUR, May 20 (Bernama) -- Bursa Malaysia ended lower on Wednesday, as weakening global risk sentiment weighed on investor confidence, an economist said.

Gold Remains Relevant As Investments Despite Weakening Correlation With Currencies

KUALA LUMPUR, May 20 (Bernama) -- Precious metals such as gold and silver continue to play an important role as an investment strategy for hedging against uncertain economic situations, even though the inverse correlation between currencies and gold movements has changed, especially over the past three years.