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Retired civil servant earns over RM7,000 monthly from Mersing fruit farm

MERSING, May 26 — The owner of an MD2 pineapple and banana plantation, which covers an area of ​​8.09 hectares on Jalan Pak Wan here, is aiming high to transform his enterprise, which has been running since 2021, into an

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Malaysian businesses turn cautious in 2Q, but services sector stays upbeat

KUALA LUMPUR, May 26 — Businesses anticipate a softer second quarter 2026 (2Q 2026) outlook with the confidence indicator easing to negative 1.8 per cent from 4 per cent in the previous quarter, according to the Statistics Department Malaysia (DoSM).

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Penang tops exports while Johor leads imports in April 2026 trade

KUALA LUMPUR, May 26 — Penang, Johor, Selangor, Sarawak and Kuala Lumpur dominated Malaysia’s exports, accounting for 88.9 per cent of April 2026’s total, according to the Statistics Department Malaysia (DOSM). In the Export-Import Statistics by State April 2026 report

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Ringgit opens slightly firmer against US dollar as markets watch US-Iran negotiations

KUALA LUMPUR, May 26 — The ringgit opened marginally higher against the greenback and other major currencies on Tuesday, amid negotiations between the United States (US) and Iran that could end the conflict and lead to the reopening of the

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Petronas takes full control of PRefChem in move to boost Malaysia’s energy security

KUALA LUMPUR, May 26 — Petronas announced today that its subsidiary, Petronas Refinery and Petrochemical Corporation Sdn Bhd, is set to acquire the stake held by Saudi Arabian Oil Company (Aramco) in Pengerang Refining Company Sdn Bhd and Pengerang Petrochemical

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Petrovietnam launches open tender for offshore Block 17 in South China Sea

HANOI, May 25 — Vietnam’s state energy firm Petrovietnam ‌has invited investors to participate in an open tender for an offshore oil ‌and gas block in the South China Sea, it said today. The invitation is for the Block 17

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Malaysia maintains strong position in halal industry as Jakim seen as global benchmark, says BMI

KUALA LUMPUR, May 25 — Malaysia’s institutional credibility remains a key competitive advantage in the global halal certification landscape, underpinned by the internationally recognised halal certification system developed by the Department of Islamic Development Malaysia (Jakim), according to BMI, a

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BPMB, Matrade team up on RM700m BizConnect initiative to lift Malaysian exporters’ global competitiveness

KUALA LUMPUR, May 25 — Bank Pembangunan Malaysia Bhd (BPMB) has partnered with Malaysia External Trade Development Corporation (Matrade) to accelerate Malaysia’s export ecosystem and broader economic transformation agenda via over RM700 million in strategic initiatives under BizConnect with Exporters

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Kelantan begins exploring rare earth reserves in Gua Musang with Japanese collaboration

KOTA BHARU, May 24 — The Kelantan state government is exploring the potential of rare earth elements (REE) identified in an area covering approximately 1,400 hectares near Ladang Subong, Gua Musang. State Local Government, Housing, Health and Environment Committee chairman

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World Bank document shows 27 countries seeking to ensure access to crisis funds

WASHINGTON, May 23 — Twenty-seven countries have moved since the Iran war started to put in place crisis instruments that could quickly access funding from existing World Bank ‌programs, according to an internal document viewed by Reuters. The World Bank

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