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Enra Energy Partners With Italy's Fincantieri To Support Naval Vessel Projects

KUALA LUMPUR, May 22 (Bernama) -- Enra Energy Solutions Sdn Bhd, an indirect 70 per cent-owned subsidiary of Enra Group Bhd, has entered into a technical collaboration agreement (TCA) with Fincantieri S.p.A., a joint stock company incorporated in Italy.

SunCon Bags RM260 Mln Contract For Johor Data Centre Project's Final Stage

KUALA LUMPUR, May 20 (Bernama) -- Sunway Construction Group Bhd’s (SunCon) wholly owned subsidiary, Sunway Construction Sdn Bhd, has won a RM260 million data centre project in Johor from K2 Strategic Infrastructure Malaysia Sdn Bhd.

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.

Keyfield's 1Q 2025 Net Profit Drops To RM20.67 Mln On Lower Vessel Revenue

KUALA LUMPUR, May 15 (Bernama) -- Keyfield International Bhd posted a lower net profit of RM20.68 million for the first quarter ended March 31, 2025 (1Q 2025), compared with RM30.30 million in the same period last year.

News Analysis: US Tariffs Pose Short-Term Threat, ASEAN Resilience Will Prevail Over Long Term

KUALA LUMPUR, May 13 (Bernama-Xinhua) -- Wide-ranging unilateral tariffs imposed by the administration of the US President Donald Trump will cause short-term problems for certain sectors of the export-oriented states of the Association of Southeast Asian Nations (ASEAN) grouping, but will lose their bite over time considering the resilience of these countries, according to analysts.

CelcomDigi, MoF Inc, YTL, Maxis & DNB Sign Revised Agreement On DNB Shareholding Structure

KUALA LUMPUR, May 13 (Bernama) -- A significant restructuring in the shareholding of Digital Nasional Bhd (DNB) has been confirmed through a newly signed Letter of Variation dated today, altering key terms in the previously agreed shareholders agreement on June 28, 2024. 

ETFs Enter 'Overdrive' In 2025, Trackinsight Survey Reveals

KUALA LUMPUR, May 13 (Bernama) -- Trackinsight, a global leader in exchange-traded fund (ETF) research and analytics, has released its Global ETF Survey 2025 Report, highlighting regional analysis covering major developments in Europe, Asia, and North America.

Taiwan Dollar Rally Heightens FX Risk For Life Insurers, AM Best Warns 

KUALA LUMPUR, May 9 (Bernama) -- The Taiwan dollar’s rapid appreciation against the United States (US) dollar in recent days has raised foreign exchange (FX) risk concerns for the country’s life insurers, according to a new commentary from AM Best.

LREIT Posts Strong Q3 Rental Reversions

KUALA LUMPUR, May 9 (Bernama) -- Lendlease Global Commercial REIT (LREIT) reported a positive rental reversion of 10.4 per cent for its retail portfolio in the third quarter (Q3) ended March 31, 2025, with a healthy tenant retention rate of 87.9 per cent by net lettable area (NLA), despite a softer retail climate.

Govt Allocates Additional RM50 Mln To MATRADE To Expedite Exploration Of New Markets -- PM Anwar

KUALA LUMPUR, May 5 (Bernama) -- The government will allocate an additional RM50 million to the Malaysia External Trade Development Corporation (MATRADE) to expedite efforts to explore new markets.

GLICs Adopt Living Wage Policy For All Permanent Malaysian Employees

KUALA LUMPUR, May 1 (Bernama) -- Government-linked investment companies (GLICs) have collectively implemented a living wage policy, ensuring all permanent Malaysian employees now earn above the monthly living wage threshold. 

MIHAS 2025: Leveraging MDT Platform To Target RM4.5 Bln in Global Halal Sales

KUALA LUMPUR, April 30 (Bernama) -- The 21st Malaysia International Halal Showcase (MIHAS) will leverage its groundbreaking artificial intelligence (AI)-powered MADANI Digital Trade (MDT) platform to target RM4.5 billion in global halal sales for 2025.