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Eco World's 1Q Net Profit Soars To RM156.41 Mln On Stronger Sales

KUALA LUMPUR, March 12 (Bernama) -- Property developer Eco World Development Group Bhd’s (Eco World) net profit rose to RM156.41 million in the first quarter ended Jan 31, 2026 (1Q FY2026), from RM80.34 million in 1Q FY2025.

Bursa Malaysia Says Broker-level Cyber Incidents Contained, Market Integrity Intact

KUALA LUMPUR, March 12 (Bernama) -- Several brokers reported cybersecurity incidents within their system components, said Bursa Malaysia Bhd.

Govt Focuses On Economic Stability, Managing Rakyat’s Cost Of Living -- Akmal Nasrullah

PUTRAJAYA, March 12 (Bernama) -- The government will prioritise efforts to maintain economic stability, mitigate the impact on the cost of living, and ensure the domestic economy continues to function well in the wake of current geopolitical challenges and global economic uncertainties.

Dewan Negara Passes Bill To Revise Capitation Grant Rates, First Amendment In 24 Years

KUALA LUMPUR, March 11 (Bernama) --The Dewan Negara today passed the Capitation Grant Bill 2026, which seeks to amend the rates of grant allocated according to the population of each state based on a new rates structure.

Jet Fuel Surge Hits Asia's Airlines, Carriers Raise Surcharges

By Kisho Kumari Sucedaram

KUALA LUMPUR, March 10 (Bernama) -- Airlines in Asia are reviewing fares and operational plans as rising jet fuel prices linked to escalating conflict in West Asia begin to ripple across the aviation industry, with some carriers already introducing fuel surcharge adjustments.

Global Aviation Accident Rate Improves In 2025 Despite Higher Fatalities - IATA

KUALA LUMPUR, March 9 (Bernama) -- The International Air Transport Association (IATA) reported that in 2025, the global all-accident rate improved to 1.32 accidents per million flights (one accident per 759,646 flights), better than the 1.42 recorded in 2024 but slightly above the 2021–2025 five-year average of 1.27.

Lufthansa Sees Malaysia As Lucrative Aviation Market For Leisure, Business Travel

By Kisho Kumari Sucedaram

KUALA LUMPUR, March 9 (Bernama) -- The Lufthansa Group, which is strengthening its presence in Southeast Asia, views Malaysia as a lucrative aviation market, especially for leisure and business travellers as airlines recalibrate networks and seek growth opportunities beyond the increasingly volatile Middle East region.

MBSB IB Keeps LHI 2026 Earnings Forecast Unchanged Amid Ongoing Legal Proceedings

KUALA LUMPUR, March 9 (Bernama) -- MBSB Investment Bank Bhd (MBSB IB) has maintained its 2026 earnings forecasts for Leong Hup International Bhd (LHI), noting that any potential penalty arising from ongoing legal proceedings would likely be treated as an exceptional or non-core item.

Dmitry Shubov Meets Investors At Dubai AI Startup Event

KUALA LUMPUR, March 6 (Bernama) -- Dmitry Shubov Consulting Founder, Dmitry Shubov attended the AI Tech & Startup Night in Dubai to meet founders and investors in the regions to review pitch decks.

Transport, Food Prices To Face Early Impact From Middle East Conflict -- Economists

PUTRAJAYA, March 4 (Bernama) -- Transport and food prices are expected to face the earliest and most visible pressure from the escalating geopolitical conflict in the Middle East, with economists warning that a gradual rise in living costs, as higher oil, logistics, and agricultural input costs filter through the economy.

Diesel Subsidy Expenditure Drops To RM6.2 Bln In 2025, Generate Savings Of RM4 Bln -- MoF

KUALA LUMPUR, March 3 (Bernama) -- The actual expenditure on diesel subsidies decreased to RM6.2 billion in 2025 compared to RM10.1 billion in 2024, resulting in savings of about RM4 billion.

Disruption Of Global Aviation Enters Third Day With Airport And Airspace Closures

By Kisho Kumari Sucedaram

KUALA LUMPUR, March 2 (Bernama) – As the war in the Middle East enters its third day, global aviation continues to be disrupted with commercial flights across the region remaining at a standstill, as major airports continue to be closed and regional airspace restricted, resulting in a mind-boggling 2,000 flights being cancelled.