LATEST NEWS   EG Industries Bhd wholly-owned subsidiary seals US$241.6 million purchase order for high-speed optical modules and wireless access-related products | Continued expansion in the loan and deposit portfolios lifts Public Bank's net profit to RM1.75 bln in 1Q 2026 from RM1.74 bln in 1Q 2025. | MOHE restructures 36 polytechnics to offer degree and master's level studies in line with high-tech industry needs - Zambry | Malaysia’s labour demand grew by 1.8 pct y-o-y, reaching 9.23 mln jobs in 1Q 2026 - DOSM | The government is exploring incentives to accelerate EV truck adoption amid rising diesel subsidy costs - Loke | 

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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.

Sabah Port Congestion Now Systemic Logistics Issue, Says CILTM Sabah Chairman

LABUAN, May 13 (Bernama) -- Sabah has significant potential to strengthen its trade competitiveness and economic resilience by addressing long-standing logistics and port efficiency challenges, according to the Chartered Institute of Logistics and Transport Malaysia (CILTM) Sabah.

JS-SEZ To Address Brain Drain With Higher Pay Scale -- Invest Johor 

By Mohamad Syazwan Mustafa

ISKANDAR PUTERI, May 10 (Bernama) — The development of the Johor-Singapore Special Economic Zone (JS-SEZ) is now one of Johor state government’s main pillars to address the issue of brain drain.

Not All EVs Will Become Expensive After CBU Duties Return - Sim

BATU KAWAN, May 8 (Bernama) -- Claims that all electric vehicles (EVs) will become more expensive following the reimposition of import duties on completely built-up (CBU) EVs from July are inaccurate, said Deputy Investment, Trade and Industry (MITI) Minister Sim Tze Tzin. 

Agro-Commodity Sector Faces Challenges In Attracting Youth -- Noraini

BANGI, May 7 (Bernama) -- The country's agribusiness sector is facing challenges in attracting the interest and participation of the younger generation in exploring opportunities in the industry, said Minister of Plantation and Commodities Datuk Seri Dr Noraini Ahmad.

Ringgit Continues Growth Trajectory After OPR Maintained At 2.75 Pct

KUALA LUMPUR, May 7 (Bernama) -- The ringgit extended its gains today, closing firmer against major currencies and most regional peers following Bank Negara Malaysia’s (BNM) move to maintain the Overnight Policy Rate (OPR) at 2.75 per cent.

Coronation Square To Generate RM9 Bln Economic Spin-offs, 60,000 Jobs -- Onn Hafiz

JOHOR BAHRU, May 7 (Bernama) -- The Coronation Square integrated development is set to become a primary catalyst for Johor’s structural economic transformation, projected to generate over RM9 billion in economic spin-offs throughout its lifespan.

General Insurance Industry Grows 4.8 Pct In 2025, Posts RM1.2 Bln Underwriting Profit – PIAM

KUALA LUMPUR, May 6 (Bernama) -- Malaysia’s general insurance industry recorded gross written premium (GWP) of RM24.2 billion in 2025, representing a 4.8 per cent increase from RM23.1 billion in 2024, driven mainly by continued expansion in the motor and fire insurance segments, according to the General Insurance Association of Malaysia (PIAM).

AM Best Affirms Vietnam National Reinsurance Credit Ratings

KUALA LUMPUR, May 4 (Bernama) -- AM Best has affirmed the financial strength rating of B++ (Good), the long-term issuer credit rating of “bbb+” (Good), and the Vietnam National Scale Rating of aaa.VN (Exceptional) of Vietnam National Reinsurance Corporation (VINARE).

Cold Storage Opens First Kedah Outlet At The Tenz Emporium, Set To Boost Local Economy

ALOR SETAR, April 30 (Bernama) -- Premium supermarket Cold Storage’s first outlet in Kedah, at The Tenz Emporium here, is expected to boost the local economy and lifestyle landscape of the city.

US Dollar/Ringgit To Trade 3.95-4.05 In Near Term -- Apex Securities

KUALA LUMPUR, April 30 (Bernama) -- Apex Securities expects the US dollar/ringgit pair to trade within the 3.95-4.05 range in the near term.

Understanding Supply Chain Shocks Amid Hormuz Disruptions is ASEAN's Key Challenge

KUALA LUMPUR, April 29 (Bernama) -- Understanding how global energy shocks transmit through production and supply chain networks is the key policy challenge for ASEAN economies, particularly in the wake of disruptions linked to the Iran-Strait of Hormuz.