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ADE Secures US$100 Mln Financing From QNB Group To Accelerate Expansion, Strengthen Regional Position

KUALA LUMPUR, May 22 (Bernama) -- Asia Digital Engineering (ADE), the maintenance, repair and overhaul (MRO) subsidiary of Capital A Bhd, has secured a US$100 million (US$1=RM3.95) financing facility from QNB Group, a financial institution in the Middle East and Africa.

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.

Johns Manville Names John Vasuta As President, CEO

KUALA LUMPUR, May 20 (Bernama) -- Johns Manville (JM), a global building and speciality products manufacturer and a Berkshire Hathaway company, announced that Bob Wamboldt will retire as President and Chief Executive Officer (CEO), with John Vasuta set to assume the role effective Aug 1.

Mavenir Enables Telefónica Germany’s First Public Cloud IMS Migration

KUALA LUMPUR, May 19 (Bernama) -- Mavenir, the software company, announced that Telefónica Germany has successfully migrated the first 100,000 mobile customers to 4G/5G voice services on Mavenir’s cloud-native IMS solution built on the Amazon Web Services (AWS) Cloud.

High-impact Developers To Get Stronger Govt Support - Mohd Shahar

KUALA LUMPUR, May 19 (Bernama) -- Developers with projects that deliver strong social and environmental returns and align with regional priorities will receive stronger government backing, said Deputy Economy Minister Datuk Mohd Shahar Abdullah.

SC, Bursa Malaysia Propose LEAP Market 2.0 To Boost MSME Fundraising

KUALA LUMPUR, May 18 (Bernama) -- The Securities Commission (SC) and Bursa Malaysia Securities Bhd (Bursa Malaysia) today proposed enhancements to the LEAP Market.

Malakoff Subsidiaries Secure PPA Extensions For 1,732MW Lumut Power Plants

KUALA LUMPUR, May 18 (Bernama) -- Malakoff Corporation Bhd’s subsidiaries, GB3 Sdn Bhd and Segari Energy Ventures Sdn Bhd (SEV), have signed power purchase agreements (PPAs) with Tenaga Nasional Bhd to extend the operations of two gas-fired power plants in Lumut, Perak.

Malaysia Should Focus On Macroeconomic Stability While Safeguarding Critical Buffers - BNM

KUALA LUMPUR, May 15 (Bernama) -- Malaysia's near-term policy priorities should focus on preserving macroeconomic stability while safeguarding critical buffers amidst the global supply shock due to the West Asia conflict. 

Perodua Moves To Localise Ativa Hybrid Production

RAWANG, May 14 (Bernama) -- Perusahaan Otomobil Kedua Sdn Bhd (Perodua) intends to produce the Ativa hybrid model locally, said its president and chief executive officer Datuk Seri Zainal Abidin Ahmad.

IFRS Foundation Appoints ESGright As First Approved Education Partner In Malaysia

KUALA LUMPUR, May 14 (Bernama) -- ESGright Sdn Bhd has been appointed as the first Approved Education Partner in Malaysia for the Fundamentals of Sustainability Accounting (FSA) Credential by the International Financial Reporting Standards (IFRS) Foundation.

1Q GDP Growth To Meet Initial Forecast Of 5.3 Pct, Potentially Better -- Akmal Nasrullah

KUALA LUMPUR, May 14 (Bernama) -- Economic growth for the first quarter (1Q) of this year is expected to meet the advance forecast of 5.3 per cent, if not better, said Economy Minister Akmal Nasrullah Mohd Nasir today.

Nippon Kinzoku Promotes L-Core As Eco Stainless Steel Product

KUALA LUMPUR, May 14 (Bernama) -- Nippon Kinzoku Co Ltd has announced the strengthened promotion of "L-Core", a functional stainless steel, repositioning it as an "Eco-Product" to support sustainable manufacturing.