PKFZ Records RM108 Mln Revenue As 'Reactivation' Hits 86 Pct

PULAU INDAH, June 18 (Bernama) -- The Port Klang Free Zone (PKFZ), now 86 per cent “reactivated” after nearly two decades of underutilisation, has generated RM108 million in revenue.

Gold Futures Close Higher On Lower Oil Prices

KUALA LUMPUR, June 16 (Bernama) -- Gold futures on Bursa Malaysia Derivatives closed higher on Tuesday amid lower oil prices, which eased inflation concerns and improved sentiment towards the precious metal.

Vista Leverages Floating Fleet Model To Maintain Operation Efficiency Amid Geopolitical Uncertainties

By Danni Haizal Danial Donald

KUALA LUMPUR, June 3 (Bernama) -- Global private aviation company Vista Global Holding Ltd (Vista) leverages its floating fleet model to maintain operational efficiency and service resilience amid heightened geopolitical uncertainties.

Uni-Fuels Posts Higher Q1 Revenue, Raises Full-Year 2026 Outlook

KUALA LUMPUR, May 28 (Bernama) -- Uni-Fuels Holdings Limited (Uni-Fuels) reported a 64 per cent year-on-year increase in first-quarter (Q1) revenue to US$83.2 million for the period ended March 31, 2026, driven by stronger marine fuel trading volumes and expanded commercial activities, while also raising its full-year revenue guidance. (US$1 = RM3.96)

Marquee Brands To Acquire Majority Stake In Roberto Cavalli

KUALA LUMPUR, May 21 (Bernama) -- Marquee Brands, the premier global brand management company, has announced a definitive agreement to acquire a majority interest in Roberto Cavalli through a strategic partnership with Dubai-based DAMAC Group.

Wasco Posts RM11.10 Mln Net Profit In 1Q

KUALA LUMPUR, May 19 (Bernama) -- Wasco Bhd recorded a net profit of RM11.10 million in the first quarter ended March 31, 2026 (1Q 2026), compared with RM35.43 million a year earlier.

Pyxis Group, Principia Consulting Form Joint Venture For Commodity, Energy Markets 

KUALA LUMPUR, May 18 (Bernama) -- Pyxis Group and Principia Consulting announced a strategic joint venture to jointly serve global commodity and energy markets.

Agility, Collaboration Critical In Navigating Global Aviation Challenges - MAHB

From Kisho Kumari Sucedaram

BANGKOK, May 13 (Bernama) -- Airport operators must exercise agility and flexibility, and collaborate to navigate the growing uncertainties, such as geopolitical tensions, operational disruptions, and changing passenger expectations, that the global aviation industry faces.

Global UHNW Population Set To Rise 33 Pct By 2030, Report Finds

KUALA LUMPUR, May 12 (Bernama) -- A new report by Altrata, sponsored by Arton Capital, finds that the global Ultra High Net Worth (UHNW) population is increasingly international, with one in five individuals now foreign-born.

Vietnam’s BMI Ratings Placed Under Review With Negative Implications - AM Best

KUALA LUMPUR, April 24 (Bernama) -- AM Best has placed under review with negative implications the financial strength rating of B++ (Good), the long-term issuer credit rating of “bbb” (Good), and the Vietnam National Scale Rating (NSR) of aaa.VN (Exceptional) of Bao Minh Insurance Corporation (BMI).

Uni-Fuels Posts 70 Pct Revenue Growth In FY2025 Despite Net Loss

KUALA LUMPUR, April 24 (Bernama) -- Uni-Fuels Holdings Limited (Uni-Fuels), a global provider of marine fuel solutions, reported a 70 per cent increase in revenue to US$263.9 million for the fiscal year ended Dec 31, 2025 (FY2025), driven by growth in its core marine fuel trading business. (US$1 = RM3.96)

AM Best To Present At Shanghai International Reinsurance Exchange Seminar

KUALA LUMPUR, April 13 (Bernama) -- Global credit rating agency, AM Best will deliver a pair of presentations as part of a half-day seminar with members of the Shanghai International Reinsurance Exchange (SIRE) on April 22, in Shanghai, China.