Malaysia's Billionaire Class To Grow 39 Pct By 2031

KUALA LUMPUR, April 28 (Bernama) -- Malaysia’s billionaire population is set to grow 39 per cent by 2031, according to Knight Frank’s flagship publication, The Wealth Report. 

KIP REIT To Acquire Setapak Central For RM435 Mln

KUALA LUMPUR, April 27 (Bernama) -- KIP Real Estate Investment Trust (KIP REIT), via its trustee Pacific Trustees Bhd, has entered into a conditional sale and purchase agreement for the proposed acquisition of Setapak Central for RM435 million.

Chery’s iCAUR Targets Europe With Urban Outdoor Vehicles

KUALA LUMPUR, April 27 (Bernama) -- Chery Group announced its vehicle brand iCAUR is preparing to launch in Europe as it promotes its Urban Outdoor mobility concept ahead of its 2026 International Business Summit.

MATRADE Drives Diversification Programme Amid Global Geopolitical Uncertainties

KEPALA BATAS, April 26 (Bernama) -- Malaysia’s trade strategy is now focusing on diversifying markets to reduce dependence on a particular region, while strengthening the resilience of the country's exports, especially amid global geopolitical uncertainties. 

Global Supply Crisis Presents Opportunities, Malaysia Remains Safe Investment Destination - Tengku Zafrul

KUALA LUMPUR, April 26 (Bernama) -- Senior Political Adviser to the Prime Minister Tengku Datuk Seri Zafrul Abdul Aziz said the global supply crisis should be viewed as an opportunity to strengthen Malaysia’s position as a safe investment destination.

Pensonic Returns To Profit In 3Q On Strong Demand, Improved Margins

GEORGE TOWN, April 25 (Bernama) -- Pensonic Holdings Bhd returned to profitability in the third quarter (3Q) ended Feb 28, 2026 (FY2026), recording profit after tax of RM2.25 million compared with a loss of RM150,000 in the same quarter last year. 

Ringgit Ends Higher Vs Most Major Currencies, Flat Against US Dollar

KUALA LUMPUR, April 24 (Bernama) -- The ringgit closed higher against most major currencies on Friday, while remaining stable versus the US dollar.

Stronger Collaboration Key To Boost Malaysia’s OGSE Resilience Amid Global Uncertainty

By Karina Imran

KUALA LUMPUR, April 24 (Bernama) -- Malaysia’s energy security continues to be underpinned by a resilient ecosystem involving multiple stakeholders, particularly oil and gas services and equipment (OGSE) players that remain a crucial component of the industry’s value chain.

AM Best Affirms Excellent Ratings For China's TMNCH

KUALA LUMPUR, April 24 (Bernama) -- Global credit rating agency, AM Best has affirmed the financial strength rating of A (Excellent) and the long-term issuer credit rating of “a” (Excellent) of The Tokio Marine and Nichido Fire Insurance Company (China) Limited (TMNCH).

INNIO Completes 3-MW Hydrogen Backup Power Test For Data Centres

KUALA LUMPUR, April 24 (Bernama) -- INNIO Group, an energy solution and service provider, has completed a landmark, industry-first demonstration of backup power for data centres using 100 per cent hydrogen-fuelled gas engines at the three megawatts (MW) scale.

AM Best Affirms Taiwan’s Shinkong Insurance Ratings At Excellent

KUALA LUMPUR, April 24 (Bernama) -- AM Best has affirmed the financial strength rating (FSR) of A (Excellent) and the long-term issuer credit rating (ICR) of “a+” (Excellent) of Taiwan’s Shinkong Insurance Company Limited (Shinkong Insurance), with a stable outlook.

Poland Eyes Malaysia As Regional Hub For Cooperation, Sees Huge Potential In High-tech, Defence

By Kisho Kumari Sucedaram

KUALA LUMPUR, April 23 (Bernama) -- Poland sees strong potential to expand its economic and investment footprint in Malaysia, particularly in high-technology, defence and dual-use sectors, positioning the country as a strategic gateway to the wider Southeast Asia region.