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99 Speed Mart Posts Higher Net Profit Of RM188.56 Mln In 1Q

KUALA LUMPUR, May 18 (Bernama) -- 99 Speed Mart Retail Holdings Bhd posted a higher net profit of RM188.56 million in the first quarter of its financial year ended March 31, 2026 (1Q 2026), compared with RM144.90 million in the same period last year.

Omantel Unveils AI Centre of Excellence, AI Startups Program

KUALA LUMPUR, May 18 (Bernama) -- Omantel has launched its AI Centre of Excellence aimed at accelerating adoption of artificial intelligence (AI) technologies and supporting the development of scalable digital products across multiple sectors.

Pyxis Group, Principia Consulting Form Joint Venture For Commodity, Energy Markets 

KUALA LUMPUR, May 18 (Bernama) -- Pyxis Group and Principia Consulting announced a strategic joint venture to jointly serve global commodity and energy markets.

Sabah Products’ Export Sales Potential Reaches RM95.9 Mln - Hajiji

KOTA KINABALU, May 16 (Bernama) -- The marketability of Sabah entrepreneurs’ products in international markets improved last year, with potential sales value reaching RM95.9 million.

Shipping Firms Defer Sapangar Port Congestion Surcharge: Ewon

PENAMPANG, May 16 (Bernama) -- Shipping companies have agreed to defer the proposed congestion surcharge at the Sapangar Bay Container Port (SBCP) following a series of engagements with Sabah’s Ministry of Industrial Development, Entrepreneurship and Transport (MINDET).

MEF Reaffirms Commitment To Workplace Mental Health Protection

KUALA LUMPUR, May 16 (Bernama) -- The Malaysian Employers Federation (MEF) has reaffirmed its commitment to supporting national efforts to strengthen workplace mental health protection and psychosocial risk management.

Ringgit Set To Trade Between 3.94 And 3.96 Against US Dollar Next Week

KUALA LUMPUR, May 16 (Bernama) -- The ringgit is expected to trade within a narrow range of between RM3.94 and RM3.96 against the US dollar next week.

Gas Malaysia To Jointly Develop Regasification Terminal With Tokyo Gas, VTTI B.V.

KUALA LUMPUR, May 15 (Bernama) -- Gas Malaysia Bhd has entered into a joint development agreement (JDA) with Japan’s Tokyo Gas Co Ltd and Netherlands-based VTTI B.V. to develop the liquefied natural gas (LNG) regasification terminal project in Yan, Kedah.

Ringgit Closes Mostly Higher Against Major Currencies On Strong GDP Data

By Abdul Hamid A Rahman

KUALA LUMPUR, May 15 (Bernama) -- The ringgit closed mostly higher against major currencies after Bank Negara Malaysia announced that Malaysia’s economy expanded by 5.4 per cent in the first quarter of 2026 (1Q 2026), exceeding the advance estimate of 5.3 per cent, driven by robust domestic demand, investment activities and exports.

Malaysia Records 5.4 Pct GDP Growth In 1Q 2026 Driven By Robust Domestic Demand - BNM

KUALA LUMPUR, May 15 (Bernama) -- Malaysia’s economy expanded by 5.4 per cent in the first quarter of 2026 (1Q 2026), surpassing the advance estimate of 5.3 per cent with robust domestic demand, investment activities and export continued to drive growth, according to Bank Negara Malaysia (BNM).

Malaysia Seeks To Strengthen Collaboration With India In Semiconductors, Renewable Energy

From Mohd Khairi Idham Amran

NEW DELHI, May 14 (Bernama) -- Malaysia is seeking to strengthen strategic collaboration with India across several high-potential sectors, including semiconductors, renewable energy, human resource development and tourism, said Malaysian High Commissioner to India Datuk Muzafar Shah Mustafa.

Reforms Post-privatisation Bear Fruit For Airport Operator MAHB - Managing Director

From Kisho Kumari Sucedaram

BANGKOK, May 14 (Bernama) -- Malaysia Airports Holdings Bhd (MAHB) said reforms introduced following its privatisation exercise last year have strengthened operational efficiency, accelerated infrastructure planning and improved decision-making processes across Malaysia’s airport network.