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MAG President And Group CEO Capt Nasaruddin Appointed To IATA Governing Board For 3-year Term

KUALA LUMPUR, June 12 (Bernama) -- Malaysia Aviation Group (MAG) president and group chief executive officer Captain Nasaruddin A. Bakar has been appointed to the board of governors of the International Air Transport Association (IATA) during its 82nd annual general meeting in Rio de Janeiro, Brazil.

Attractive Valuations Drive Buying, Bursa Malaysia Ends Higher

KUALA LUMPUR, June 12 (Bernama) -- Selected blue-chip counters trading at attractive valuations helped Bursa Malaysia close higher on Friday, despite cautious market sentiment driven by developments in West Asia, volatility in crude oil prices and uncertainty over the global interest rate outlook.

Pyxis Group, Principia Consulting Partner CommodityAI To Modernise Commodity Operations

KUALA LUMPUR, June 12 (Bernama) -- Pyxis Group, a global advisory firm, together with its joint venture partner Principia Consulting, announced a strategic partnership with CommodityAI, the agentic artificial intelligence (AI) platform purpose-built for physical commodity operations.

Singapore Launches Standards And Conformance 2035 Roadmap To Boost Global Competitiveness

By Anas Abu Hassan

SINGAPORE, June 12 (Bernama) -- Singapore has unveiled the Standards and Conformance (S&C) 2035 roadmap to guide businesses in competing and growing in an increasingly complex global environment.

Chow: Penang Govt To Check Development Status Of Taman Manggis Land With Developer

BUTTERWORTH, June 12 (Bernama) -- The Penang state government will obtain information from the developer regarding the current status of a piece of land in Taman Manggis, George Town, which is alleged to still be undeveloped despite having been sold for development purposes.

Galatek Opens Penang Facility, Commits To US$100 Mln Investment Within 5 Years

BUTTERWORTH, June 12 (Bernama) -- Galatek Technologies (Galatek) has opened its manufacturing, assembly and delivery facility in Penang, further strengthening Malaysia’s position as a strategic hub for advanced manufacturing and semiconductor industry development.

GWM Malaysia Confident Of Sustaining Double-Digit Growth Momentum By End-2026

By Fatin Umairah Abdul Hamid

​​​​​KUALA LUMPUR, June 12 (Bernama) -- GWM Malaysia is targeting double-digit growth by the end of 2026, building on its strong performance last year, when sales surged 177 per cent to nearly 5,900 units from 2,128 units in 2024.

IPI Up 8.2 Pct In April 2026, Bolstered By Broad-based Growth - DOSM

KUALA LUMPUR, June 12 (Bernama) -- The Industrial Production Index (IPI) expanded by 8.2 per cent year-on-year (y-o-y) in April 2026, marking the highest growth registered since September 2022, bolstered by the expansion across all sectors, according to the Department of Statistics Malaysia (DOSM). 

Global Tech Giants Agibot And Huawei Enter Johor

KULAI, June 12 (Bernama) -- Johor has officially positioned itself as a premier regional force in high-tech investment, securing partnerships with global technology titans, including Huawei and Agibot, to anchor the landmark RM80 billion Johor Tech Smart City project.

Malaysia’s April Manufacturing Sales Rise 9.1 Pct On Strong E&E Growth - DOSM

KUALA LUMPUR, June 12 (Bernama) -- Malaysia's manufacturing sales value rose 9.1 per cent year-on-year (y-o-y) to RM175.0 billion in April 2026, according to the Department of Statistics Malaysia (DOSM). 

Bursa Malaysia Stays Higher At Midday On Improved Risk Appetite

KUALA LUMPUR, June 12 (Bernama) -- Bursa Malaysia ended the morning session in positive territory as investors' risk appetite improved following the strong overnight rebound on Wall Street.

AM Best Rates Excellent Credit Ratings For Hong Kong’s SAIC Captive

KUALA LUMPUR, June 12 (Bernama) -- Global credit rating agency, AM Best has assigned a financial strength rating of A- (Excellent) and a long-term issuer credit rating of “a-” (Excellent) to Hong Kong’s SAIC Motor Insurance Limited (SAIC Captive).