LATEST NEWS   PM Anwar, Turkmenistan President Serdar Berdimuhamedov witnessed the signing of a strategic cooperation agreement between Petronas and Turkmenistan authorities-- PMO | At 6 pm, the ringgit eased to 4.1340/1395 versus the US dollar from Thursday's close of 4.1145/1195 | The collaboration opens up space for more strategic engagements in future, including exploring the great potential of Turkmenistan's natural gas sector, which has among the world's largest gas reserves - PMO | Gabungan Kelab Media Malaysia (GKMM) state affiliates receive RM10,000, GKMM receive RM30,000 from Communications Ministry - Fahmi | The achievement comes as Malaysia and Turkmenistan mark 30 years of cooperation in the energy sector, which has been a key pillar of bilateral relations between the two countries -- PMO | 

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Petronas To Assume Full Ownership of Prefchem

KUALA LUMPUR, May 25 (Bernama) -- Petronas announced today that its subsidiary, Petronas Refinery and Petrochemical Corporation Sdn Bhd, is set to acquire the stake held by Saudi Arabian Oil Company (Aramco) in Pengerang Refining Company Sdn Bhd and Pengerang Petrochemical Company Sdn Bhd (PRefChem), located within the Pengerang Integrated Complex, Pengerang, Johor.

TNB Remains Resilient, Focuses On Stable Supply And Value For The Rakyat

KUALA LUMPUR, May 25 (Bernama) -- Tenaga Nasional Bhd (TNB) today announced its financial performance for the first quarter of the financial year ended March 31, 2026 (1Q FY2026), underscoring the group’s continued commitment to strengthening Malaysia’s energy security, enhancing grid resilience and delivering long-term value to the nation and the rakyat.

Sabah Adopts Balanced Growth Model, Demands Fair Economic Value For Conservation

KOTA KINABALU, May 25 (Bernama) -- The Sabah state government is adopting a balanced growth model that demands fair economic value for its environmental contributions, while rejecting unrealistic environmental idealism that could delay the state’s socioeconomic progress.

Stoneshield Capital To Increase Stake In Exolum To 20 Pct

KUALA LUMPUR, May 25 (Bernama) -- Stoneshield Capital, a European real assets investment firm, has signed an agreement to acquire a 15 per cent stake in Exolum from OMERS, building on its existing investment in the company.

MISC Posts Higher 1Q Net Profit Of RM741.4 Mln

KUALA LUMPUR, May 25 (Bernama) -- MISC Bhd reported a higher net profit of RM741.4 million for the first quarter ended March 31, 2026 (1Q FY2026), compared with RM705.7 million in the corresponding quarter last year.

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.

Ringgit Opens Higher Against Greenback On Improved Sentiment

By Karina Imran

KUALA LUMPUR, May 25 (Bernama) -- The ringgit opened higher against the US dollar on Monday, supported by improved market sentiment amid investor optimism over possible progress in negotiations between the United States and Iran.

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.

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.

Petron Malaysia Begins Limited Refinery Operations Amid Port Dickson Jetty Repairs

KUALA LUMPUR, May 21 (Bernama) -- Petron Malaysia Refining and Marketing Bhd has started limited and intermittent refinery operations at its refinery in Port Dickson, Negeri Sembilan, to process existing in-tank crude inventories in a move aimed at supporting product availability amid the ongoing West Asia crisis.