BNM Sets More Comprehensive Assessments For Development Financial Institutions Starting 2027

KUALA LUMPUR, July 27 (Bernama) -- Bank Negara Malaysia (BNM) has set a more comprehensive framework to assess the performance of development financial institutions (DFIs) beginning in 2027, according to the Ministry of Finance (MOF).

Vietnam’s Non-Life Insurance Segment Set For Stable Outlook - AM Best

KUALA LUMPUR, July 27 (Bernama) -- Global credit rating agency, AM Best has maintained its stable outlook on Vietnam’s non-life insurance segment, citing robust demand, technology adoption and healthy macroeconomic factors.

SBM Offshore Strengthens Malaysia’s Role In Global Offshore Energy Projects

KUALA LUMPUR, July 27 (Bernama) -- Malaysia is strengthening its position in the global offshore energy value chain, with local engineering and technical teams taking on increasingly complex responsibilities in international project execution.

Young Entrepreneur Turns RM100 Capital Into Thriving Jacket Potato Business

By Kamarul Halim M Kamal 

BATU PAHAT, July 27 (Bernama) -- Starting with just six baked potatoes sold outside his home each day, a young entrepreneur has grown his jacket potato business, also known as spud potato, to more than 250 servings daily, following an overwhelming response from customers.

Mobix Labs To Acquire Drone Maker Vision Aerial

KUALA LUMPUR, July 27 (Bernama) -- Mobix Labs Inc has signed a definitive agreement to acquire Vision Aerial Inc, a United States (US)-based manufacturer of National Defense Authorization Act (NDAA)-compliant unmanned aerial systems, in a deal valued at approximately US$15 million. (US$1=RM4.08)

Sabah People's Fish Programme Strengthens Food Security, Supports Fishermen -- SAFMA

LABUAN, July 27 (Bernama) -- The Sabah Fish Marketing Sdn Bhd’s (SAFMA) fish programme continues to play a key role in strengthening the state’s food security, ensuring a steady supply of fresh, quality fish at affordable prices.

Malaysia's F1 Return Offers Economic Upside

By Siti Radziah Hamzah

KUALA LUMPUR, July 26 (Bernama) -- Malaysia's hosting of the Formula 1 Gulf Air Bahrain Grand Prix (Bahrain GP) in October could provide an economic boost through tourism and related industries.

Malaysia Remains Scoot's Key Market On Robust Travel Demand -- Chief Commercial Officer

By Kisho Kumari Sucedaram

KUALA LUMPUR, July 26 (Bernama) – Malaysia remains a key market for Scoot, the low-cost carrier of the Singapore Airlines (SIA) Group, driven by sustained demand for leisure and business travel, the airline’s chief commercial officer Calvin Chan said.

SMEs Should Diversify Export Markets As US Tariff Takes Effect - SAMENTA

KUALA LUMPUR, July 24 (Bernama) -- The Small and Medium Enterprises Association (SAMENTA) has urged small and medium enterprises (SMEs) to reduce their over-reliance on any single Western export market following the implementation of the United States’ latest 10 per cent import tariff.

Learning Tree International Expands ServiceNow Training Offerings

KUALA LUMPUR, July 24 (Bernama) -- Learning Tree International, a global leader in workforce transformation, has become a ServiceNow Authorised Training Partner, expanding its capabilities to help organisations build the skills needed to maximise returns on their ServiceNow platform investments.

Humanoid Raises US$152 Mln In Series A

KUALA LUMPUR, July 24 (Bernama) -- Humanoid, a United Kingdom-based artificial intelligence (AI) and robotics company developing industrial humanoid robots, has raised US$152 million in a Series A funding round, valuing the company at US$1.35 billion post-money and bringing its total capital raised to US$270 million. (US$1=RM4.09)

Brent Remains Slightly Above US$100 Per Barrel On Escalating US-Iran Conflict

KUALA LUMPUR, July 24 (Bernama) -- Brent crude oil prices have remained above US$100 per barrel today amid the escalating United States-Iran conflict, reigniting fears over global energy supplies.