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Influencer Teardowns Highlight Midea’s Role In Global AC Supply Chain

KUALA LUMPUR, June 6 (Bernama) -- Chinese company Midea, the world’s largest producer of residential inverter air conditioners (ACs), has drawn attention to its self-developed inverter compressor following teardown reviews of ACs by influencers in Malaysia and Thailand, which have sparked widespread discussion.

Bursa Malaysia Appoints Azizan Abd Aziz As New CFO

KUALA LUMPUR, June 6 (Bernama) -- Bursa Malaysia Bhd has appointed Azizan Abd Aziz as its new chief financial officer (CFO), effective Aug 1, 2025.

LyondellBasell To Divest Four European Sites In Deal With AEQUITA

KUALA LUMPUR, June 6 (Bernama) -- LyondellBasell (LYB), a leader in the global chemical industry, has entered into an agreement and exclusive negotiations with AEQUITA for the sale of select olefins & polyolefins assets and the associated business in Europe.

Affin Group Debuts In US Bond Market With US$300 Mln Note Issue

KUALA LUMPUR, June 4 (Bernama) -- Affin Group made its debut in the US dollar bond market with the issuance of the senior unsecured notes with a nominal value of US$300 million (RM1.27 billion) under its US$2 billion (RM8.46 billion) euro medium term note (EMTN) programme.

Malaysia Gears Up To Host ASEAN AI Summit, SE Asia’s Inaugural Smart City Expo

KUALA LUMPUR, June 4 (Bernama) -- Malaysia will host Smart City Expo Kuala Lumpur 2025 (SCEKL2025),  Southeast Asia’s first edition of the globally renowned Smart City Expo World Congress, and the ASEAN Summit on Artificial Intelligence (AI), showcasing its leadership in smart city development and addressing the impact of AI on urban futures.

NIKE Names Michael Gonda As EVP, Chief Communications Officer Effective July 7

KUALA LUMPUR, June 4 (Bernama) -- NIKE Inc, the leading designer, marketer and distributor of authentic athletic footwear, apparel, equipment, and accessories, has appointed Michael Gonda as Executive Vice President (EVP) and Chief Communications Officer, effective July 7.

Denodo Opens University Challenge Focused On Data, AI For Real-World Impact

KUALA LUMPUR, June 3 (Bernama) -- Data management leader, Denodo has announced the opening of registration for its latest University Challenge, "Data and AI for Real-World Impact", under its Denodo Academic Program. 

Top 20 Startups Join MedTech Innovator’s 2025 APAC Accelerator

KUALA LUMPUR, June 3 (Bernama) -- MedTech Innovator, the world’s largest accelerator of medical technology companies, has announced that 20 high-potential medtech companies will participate in the sixth annual Asia Pacific (APAC) Accelerator programme.

IOI Properties, RHB Partner To Offer Home, Green Residential Property Loans

KUALA LUMPUR, June 3 (Bernama) -- IOI Properties Group Bhd is partnering with RHB Banking Group (RHB) to launch home and renovation loans/financing and green residential property loans/financing for eligible residential properties across IOI Properties’ property portfolio.

Axiata Appoints Didi Syafruddin As Independent Non-Executive Director

KUALA LUMPUR, May 30 (Bernama) -- Axiata Group Bhd has appointed Didi Syafruddin Yahya as an independent non-executive director, effective June 1, 2025. 

Bursa Malaysia Ends On Weak Note Amid Subdued Regional Sentiment

By Nurunnasihah Ahmad Rashid

KUALA LUMPUR, May 30 (Bernama) -- Bursa Malaysia failed to sustain earlier gains and ended the week on a weaker note, weighed down by continued selling pressure in heavyweight and midcap stocks amid downbeat regional sentiment.

Bank Islam's Net Profit Eases To RM126.27 Mln In 1Q 2025

KUALA LUMPUR, May 30 (Bernama) -- Bank Islam Malaysia Bhd (BIMB) posted a net profit of RM126.27 million for the first quarter ended March 31, 2025 (1Q 2025), 3.53 per cent lower compared to RM130.73 million recorded in the same period last year.