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KUALA LUMPUR, May 14 (Bernama) -- AirAsia X Bhd posted a net loss of RM154.88 million in the first quarter ended March 31, 2026, due to the net foreign exchange losses of RM232.2 million from the depreciation of local currencies including Thai baht, Indonesian rupiah and the Philippine peso against the US dollar during the quarter.
KUALA LUMPUR, May 14 (Bernama) -- The government is looking at ways to incentivise transport operators to adopt electric vehicle (EV) trucks as part of long-term efforts to reduce the country’s diesel subsidy burden.
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)
BANGI, May 13 (Bernama) -- The Malaysian Investment Development Authority (MIDA) is positioning the International Greentech and Eco Products Exhibition and Conference Malaysia (IGEM) and Kuala Lumpur Sustainability Summit (KLSS) 2026 as strategic platforms to accelerate Malaysia’s green investment agenda and strengthen the country’s standing as a regional hub for sustainable growth.
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.
KUALA LUMPUR, May 13 (Bernama) -- Hong Kong and New Zealand ranked among the world’s 10 least complex jurisdictions for doing business, supported by stable regulatory environments and strong digital infrastructure, according to TMF Group’s latest Global Business Complexity Index (GBCI).
HAIKOU (China), May 12 (Bernama) -- The Regional Comprehensive Economic Partnership (RCEP) must evolve beyond traditional tariff reductions and simple transhipment towards high-complexity trade and integrated supply chains.
KUALA LUMPUR, May 11 (Bernama) -- India-based Vedanta Limited, a global leader in metals, oil & gas, critical minerals, power and technology, posted a record profit of US$2.8 billion for the financial year ended March 31, 2026, up 22 per cent year-on-year (YoY), driven by structurally strong businesses and disciplined execution. (US$1 = RM3.91)
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.
KUALA LUMPUR, May 8 (Bernama) -- Horizon Quantum Holdings Ltd (Horizon Quantum), a pioneer of software infrastructure for quantum applications, has reported an operating loss of US$6.5 million for the first quarter (Q1) ended March 31, 2026, compared to US$4.7 million in the same period last year. (US$1=RM3.91)
KUALA LUMPUR, May 7 (Bernama) -- Malaysia is positioning the carbon market as a critical economic driver to bolster industrial competitiveness and meet its ambitious climate targets under the newly approved National Carbon Market Policy (DPKK).
KUALA LUMPUR, May 6 (Bernama) -- The SME Association of Malaysia (SME Malaysia) and the Ministry of Natural Resources and Environmental Sustainability (NRES) are committed to advancing collaboration in driving a more inclusive and sustainable future for Malaysia’s small and medium enterprises (SMEs).
