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Kazan Is Slowly Returning To Its Former Glory

From Nor Baizura Basri

KAZAN (Russia), May 17 (Bernama) -- Bauman Street in Kazan, known as the city’s main pedestrian and social hub, was bustling with activity as friends and families spent time together, with buskers adding to the lively atmosphere.

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).

Shipping Firms Defer Sapangar Port Congestion Surcharge: Ewon

PENAMPANG, May 16 (Bernama) -- Shipping companies have agreed to defer the proposed congestion surcharge at the Sapangar Bay Container Port (SBCP) following a series of engagements with Sabah’s Ministry of Industrial Development, Entrepreneurship and Transport (MINDET).

Bursa Malaysia Seen Trading With Upside Bias Next Week Amid Geopolitical, Earnings Watch

KUALA LUMPUR, May 16 (Bernama) -- Bursa Malaysia is expected to trade with a mild upside bias next week as investors continue assessing a complex mix of external geopolitical developments, resilient domestic macroeconomic conditions and critical earnings catalysts from the US technology sector.

Malaysian Batik Makes Appearance On Runway At Modest Fashion Day, KazanForum 2026

From Nor Baizura Basri

KAZAN (Russia), May 16 (Bernama) -- Malaysian batik made an appearance during Modest Fashion Day at KazanForum 2026 held here, the capital of the Republic of Tatarstan, on Wednesday, signalling a continuous effort to strengthen Malaysia’s fashion ecosystem through international positioning while providing opportunities to local entrepreneurs.

LSH Capital Receives RAC Letter Of Offer For RM197.9 Mln Land Project

KUALA LUMPUR, May 15 (Bernama) -- Lim Seong Hai Capital Bhd (LSH) has received an offer letter from Railway Assets Corporation (RAC) for the proposed sale and development of two parcels of land with a combined value of RM197.90 million in Petaling, Selangor.

CPO Futures Rebound On Stronger Crude Oil, Soybean Oil Prices

By Muhammad Fawwaz Thaqif Nor Afandi

KUALA LUMPUR, May 15 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives snapped a three-day losing streak to close higher on Friday, supported by stronger crude oil prices, a trader said.

Gas Malaysia To Jointly Develop Regasification Terminal With Tokyo Gas, VTTI B.V.

KUALA LUMPUR, May 15 (Bernama) -- Gas Malaysia Bhd has entered into a joint development agreement (JDA) with Japan’s Tokyo Gas Co Ltd and Netherlands-based VTTI B.V. to develop the liquefied natural gas (LNG) regasification terminal project in Yan, Kedah.

Ringgit Closes Mostly Higher Against Major Currencies On Strong GDP Data

By Abdul Hamid A Rahman

KUALA LUMPUR, May 15 (Bernama) -- The ringgit closed mostly higher against major currencies after Bank Negara Malaysia announced that Malaysia’s economy expanded by 5.4 per cent in the first quarter of 2026 (1Q 2026), exceeding the advance estimate of 5.3 per cent, driven by robust domestic demand, investment activities and exports.

KAF Investment Funds Launches New Global Islamic Equity Fund

KUALA LUMPUR, May 15 (Bernama) -- KAF Investment Funds Bhd (KIFB) has launched the KAF Global Islamic Equity Fund (KGIEF), aimed at providing investors with strategic exposure to Shariah-compliant equities.

Mobix Labs Targets Critical Minerals Supply Chain With SPD Deal

KUALA LUMPUR, May 15 (Bernama) -- Mobix Labs has unveiled plans to expand into the strategic rare earth and critical minerals sector through a proposed acquisition of Special Project Delivery LLC (SPD), a United States (US)-based supply chain platform.

Central Bank Has Priced Potential Scenarios For West Asia Conflict Into 2026 Growth, Inflation Forecasts - Governor

KUALA LUMPUR, May 15 (Bernama) -- Bank Negara Malaysia (BNM) has already priced in potential scenarios from the ongoing West Asia conflict into its 2026 growth and inflation forecasts, Governor Datuk Seri Abdul Rasheed Ghaffour said today.