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Bank Rakyat Offers EV Financing At Fixed 1.88 Pct Rate

KUALA LUMPUR, May 16 (Bernama) -- Bank Kerjasama Rakyat Malaysia Bhd (Bank Rakyat) is offering an exclusive financing package for the purchase of new battery electric vehicles (BEV), hybrid electric vehicles (HEV), plug-in hybrid electric vehicles (PHEV) and other hybrid vehicles, including mild hybrid electric vehicles (MHEV).

SBC Medical Revenue Declines On Franchise Fee Restructuring

KUALA LUMPUR, May 15 (Bernama) -- SBC Medical Group Holdings Incorporated (SBC Medical) reported total revenue of US$43 million for the first quarter ended March 31, 2026, down nine per cent year-on-year, mainly due to changes in its franchise fee structure implemented last year. (US$1=RM3.93)

Ringgit Supported By Malaysia’s Strong Economic Outlook, Reform Momentum - BNM

KUALA LUMPUR, May 15 (Bernama) -- Malaysia’s firm economic prospects and sustained reform momentum are expected to provide enduring support to the ringgit, while external factors will continue to drive exchange rate movements, said Bank Negara Malaysia (BNM).

Malaysia Domestic Trade Activity Remains Robust Amid Geopolitical Uncertainties - KPDN

KUALA LUMPUR, May 14 (Bernama) -- Malaysia’s domestic trade activity remains resilient and continues to expand amid ongoing geopolitical uncertainties, according to the Ministry of Domestic Trade and Cost of Living (KPDN).

Kioxia Targets Performance Segment With Latest SSD Series 

KUALA LUMPUR, May 14 (Bernama) -- Kioxia Corporation has unveiled the KIOXIA XG10 Series solid state drives (SSDs), its latest high-performance client storage solution engineered for personal computer (PC) original equipment manufacturers (OEMs).

Public Bank's 1Q2026 Net Profit Up Slightly To RM1.75 Bln On Stronger Loan, Deposit Portfolios

KUALA LUMPUR, May 14 (Bernama) -- Public Bank Bhd’s net profit increased slightly to RM1.75 billion in the first quarter ended March 31, 2026 (1Q 2026), from RM1.74 billion in the same period last year, supported by continued expansion in its loan and deposit portfolios.

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.

GenNx360 Capital Partners Exits Precision Aviation Group In US$2.025 Bln Deal 

KUALA LUMPUR, May 14 (Bernama) -- GenNx360 Capital Partners, a New York-based private equity firm, has agreed to sell its portfolio company, Precision Aviation Group (PAG), to VSE Corporation (VSE) in a transaction valued at approximately US$2.025 billion in cash and equity. (US$1 = RM3.93)

Multi-Color Corporation Completes Financial Restructuring

KUALA LUMPUR, May 13 (Bernama) -- Multi-Color Corporation (MCC) announced it has successfully completed its financial restructuring process and emerged from its prepackaged Chapter 11 proceedings with a significantly strengthened balance sheet and new equity backing.

Medisca, dsm-firmenich To Expand Vitamin APIs Access For US Market

KUALA LUMPUR, May 13 (Bernama) -- Medisca, a leader in personalised pharmaceutical medicine, has entered into a strategic partnership with dsm–firmenich to expand access to pharmaceutical-grade vitamin active pharmaceutical ingredients (APIs) for the United States (US) compounding market.

Mixpanel Launches Always-On Product Intelligence System

KUALA LUMPUR, May 13 (Bernama) -- Mixpanel, a global leader in product intelligence and analytics, has unveiled Mixpanel AI, the always-on product intelligence system designed to help teams develop products faster and more efficiently by analysing user behaviour and recommending next steps.

CelcomDigi Posts A Higher Net Profit Of RM418 Mln In 1Q FY2026

KUALA LUMPUR, May 13 (Bernama) -- CelcomDigi’s net profit rose to RM418 million in the first quarter of financial year ended March 31, 2026 (1Q 2026), compared to RM384 million in 1Q 2025.