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HDC Appoints Mohd Afandi Salleh As Chairman, Effective Immediately

KUALA LUMPUR, May 22 (Bernama) -- Halal Development Corporation Bhd (HDC), an agency under the Ministry of Investment, Trade and Industry (MITI), has appointed Prof Dr Mohd Afandi Salleh as its chairman, effective immediately.

Petron Turns To Net Loss Of RM35 Mln In 1Q 2026

KUALA LUMPUR, May 21 (Bernama) -- Petron Malaysia Refining and Marketing Bhd turned to a net loss of RM35.04 million in the first quarter ended March 31, 2026 (1Q 2026), compared with a net profit of RM81.03 million in the same quarter last year.

Megah Port, CILTM Sabah Host Engagement Session To Address Labuan's Logistics Issues

LABUAN, May 19 (Bernama) -- Megah Port Management Sdn Bhd and the Chartered Institute of Logistics and Transport Malaysia (CILTM) Sabah jointly hosted an engagement session with the Commercial Vehicle Licensing Board (LPKP) and the Road Transport Department (JPJ) recently to discuss operational issues related to licensing, permits and regulatory compliance. 

Malaysia's Current Account Surplus Surges To RM15.2 Bln In 1Q 2026, Equivalent 3 Pct Of GDP

KUALA LUMPUR, May 15 (Bernama) -- Malaysia continued to record a surplus in the current account balance (CAB) in the first quarter of 2026 (1Q 2026), amounting to RM15.2 billion, equivalent to 3.0 per cent of gross domestic product (GDP), significantly higher than RM2.7 billion in 4Q 2025.

Reforms Post-privatisation Bear Fruit For Airport Operator MAHB - Managing Director

From Kisho Kumari Sucedaram

BANGKOK, May 14 (Bernama) -- Malaysia Airports Holdings Bhd (MAHB) said reforms introduced following its privatisation exercise last year have strengthened operational efficiency, accelerated infrastructure planning and improved decision-making processes across Malaysia’s airport network.

MAHB Optimistic On Outlook, Urges Greater Aviation-tourism Collaboration To Boost Passenger Traffic

From Kisho Kumari Sucedaram 

BANGKOK, May 14 (Bernama) -- Malaysia Airports Holdings Bhd (MAHB), which remains optimistic on its outlook this year despite ongoing geopolitical uncertainties in West Asia, has called for greater cooperation across the aviation and tourism ecosystem to increase passenger traffic and support Malaysia’s aviation ambitions.

Broader RCEP Utilisation Key To Deeper Regional Integration

HAIKOU (China), May 12 (Bernama) -- The Regional Comprehensive Economic Partnership (RCEP) should be measured beyond traditional goods-based indicators to include services, investment and e-commerce in order to better capture the agreement’s overall impact.

Govt Refining Appropriate Threshold For Petrol Subsidy Recipients-- Akmal

PUTRAJAYA, May 11 (Bernama) -- The government is refining the appropriate threshold between those who should receive petrol subsidies and those who can be excluded as part of the effort to implement a more targeted subsidy mechanism, said Economy Minister Akmal Nasrullah Mohd Nasir.

Tabelog Multilingual App Surpasses 2 Million Downloads Among International Travellers

KUALA LUMPUR, May 11 (Bernama) -- Tabelog, a Japanese restaurant search and reservation service platform operated by Kakaku.com Inc, has announced that its multilingual smartphone app (iOS/Android) for travellers visiting Japan has reached two million downloads.

Lotte Chemical Titan Reduces 1Q Net Loss To RM122.7 Mln

KUALA LUMPUR, May 7 (Bernama) -- Polyolefins producer Lotte Chemical Titan Holdings Bhd (LCT) reduced its net loss to RM122.70 million in the first quarter ended March 31, 2026 (1Q FY2026) from RM125.67 million in the year-ago quarter.

Gauth Rolls Out Live Tutor AI Feature In Three Southeast Asian Markets

KUALA LUMPUR, May 5 (Bernama) -- Gauth, a leader in artificial intelligence (AI)-powered study assistance, has announced the regional rollout of its Live Tutor feature, with Vietnam, Indonesia and the Philippines among the first markets to debut the service.

Shah Alam Sports Complex Project Value Remains At RM2.94 Bln

SHAH ALAM, May 5 (Bernama) -- The Shah Alam Sports Complex (KSSA) development is proceeding as planned with the committed value remaining at RM2.94 billion despite concerns over potential cost increase following the global supply crisis.