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Malaysia’s Islamic Finance Assets To Grow 36 Pct By 2028 -- Standard Chartered

KUALA LUMPUR, May 19 (Bernama) -- Malaysia's Islamic finance assets are projected to grow by 36 per cent by 2028, contributing to the global Islamic finance market, which is expected to reach US$7.5 trillion (US$1 = RM4.29) by then, said Standard Chartered Bank Malaysia Bhd.

Nine Malaysian Companies To Participate In SEMICON SEA 2025

KUALA LUMPUR, May 19 (Bernama) -- Nine Malaysian companies will participate in SEMICON Southeast Asia (SEA) 2025, the region’s premier platform for the global electronics and semiconductor industry.

Bank Pembangunan Appoints Ex-Maybank Islamic Chief Muzaffar Hisham As Group CEO

KUALA LUMPUR, May 18 (Bernama) – Bank Pembangunan Malaysia Bhd (BPMB) has appointed Datuk Muzaffar Hisham as its new group chief executive officer (CEO), effective immediately.

Anwar-Putin Camaraderie Seen As Strategic, Mutually Rewarding In A Polarised Global Landscape

By M. Saraswathi

KUALA LUMPUR, May 17 (Bernama) -- Datuk Seri Anwar Ibrahim’s just-ended official visit to Russia, with the highlight being the obviously cordial welcome accorded by President Vladimir Putin to the Prime Minister, certainly sends a powerful message and shows commitment at the highest levels to strengthen bilateral ties between Malaysia and Russia.

1Q GDP Growth In Line With Advance Estimates, Higher Than Previous Corresponding Quarter -- MOF

KUALA LUMPUR, May 16 (Bernama) -- A rousing performance across key economic sectors lifted Malaysia’s gross domestic product (GDP) by 4.4 per cent in the first quarter of 2025 (1Q 2025), in line with the GDP advance estimates and higher than the 4.2 per cent growth recorded in 1Q 2024.

Gamuda's Unit Acquires 148-hectare Land In Selangor For RM248.7 Mln

KUALA LUMPUR, May 16 (Bernama) -- Gamuda Bhd’s wholly-owned subsidiary Gamuda Land (T12) Sdn Bhd is acquiring a 148.11-hectare land parcel in Kuala Langat, Selangor, for a total consideration of RM248.7 million.

No Decision Yet On EUDR Low Risk Status For Malaysian Palm Oil, Benchmarking Ongoing – Envoy

KUALA LUMPUR, May 16 (Bernama) -- The European Union (EU) has yet to determine whether Malaysia will be classified as a low risk country under its upcoming country benchmarking system for the EU Deforestation Regulation (EUDR), said EU Ambassador to Malaysia Rafael Daerr.

UAE’s Almal Real Estate Enters Southeast Asia With Luxury Project In Bali 

KUALA LUMPUR, May 16 (Bernama) -- Almal Real Estate Development, the United Arab Emirates (UAE)-based developer, has announced its entry into Southeast Asia with the launch of its first international project, 'The One by Almal', in Bali, Indonesia.

APEC's Role More Crucial Amid Global Trade Uncertainty - Korea's Trade Minister 

KUALA LUMPUR, May 16 (Bernama) -- The Asia-Pacific Economic Cooperation (APEC) region continues to play a vital role in shaping the global economy and trade landscape, said South Korea’s Minister for Trade, Inkyo Cheong.

Energy Asia 2025 To Unpack Macro Landscapes Shaping Energy Industry -- Petronas

KUALA LUMPUR, May 15 (Bernama) -- The second edition of the energy forum Energy Asia 2025 will focus on geopolitical issues and macro landscapes surrounding the energy industry, according to Petroliam Nasional Bhd (Petronas).

HORIBA Group To Set Up First Manufacturing Facility In Kedah By 2026

KUALA LUMPUR, May 15 (Bernama) -- Japanese manufacturer HORIBA Group is set to establish its first manufacturing facility in Kedah, marking its first production base for mass flow controllers (MFCs) in Malaysia.