Business

KUALA LUMPUR — VCI Global Limited recently announced progress on its strategic restructuring, including an agreement to dispose of its fintech subsidiary, Credilab Sdn Bhd (“Credilab”), through a management buyout at an enterprise valuation of approximately US$43.74 million, representing 1...

PENANG, Malaysia — Chipbond Technology Corporation, a leading global provider of semiconductor packaging and testing services, had recently marked the official opening of its new advanced manufacturing facility, Chipbond Technology Malaysia Sdn. Bhd., located in Valdor Industrial Park, Bat...

KUALA LUMPUR — PETRONAS, through Malaysia Petroleum Management (MPM), yesterday launched the Malaysia Bid Round 2026 (MBR 2026), with the theme “Advantaged Energy: Accelerating and Shaping Tomorrow”, aiming at strengthening Malaysia’s position as a premium investment destination. This year...

KUALA LUMPUR — KLCCP Stapled Group (the Group) closed 2025 on a strong note, delivering its highest Profit Before Tax (PBT) and revenue since listing.   PBT (including fair value adjustments) rose to RM718.7 million in quarter four, 2025 compared to RM476.4 million in quarter four, 2024, w...

KUALA LUMPUR — PETRONAS has released its PETRONAS Activity Outlook 2026-2028, providing Malaysia’s oil and gas services and equipment (OGSE) industry insights into forecasted activities across its Upstream, Downstream, Gas and Maritime businesses for Malaysian operations. The outlook is in...

KUALA LUMPUR — The Malaysian Investment Development Authority (MIDA), in collaboration with BEYOND4, had recently hosted the Strategic Engagement Session 2026 on Malaysia’s Start-Up Ecosystem at MIDA, Kuala Lumpur. The session brought together key stakeholders, industry leaders, and releva...

CEBU, Philippines — AirAsia MOVE (MOVE), Asia’s Best Travel Booking App, has been awarded the Best ASEAN Marketing and Promotional Program award at the 35th ASEANTA Awards for Excellence, held in Cebu City, Philippines recently. Presented by the ASEAN Tourism Association (ASEANTA), the awa...

PENANG — Congatec, one of the global leaders in embedded and edge computing technology, announced the establishment of its new subsidiary in Penang, Malaysia, marking a strategic expansion of its engineering and research footprint in Asia. The move signals Congatec’s commitment to anchorin...

KUALA LUMPUR — The Malaysia External Trade Development Corporation (MATRADE) is leading a delegation of more than 120 Malaysian exhibitors to the world’s largest annual food and beverage (F&B) trade exhibition, Gulfood 2026. Taking place from 26 to 30 January 2026 at the Dubai World Tr...

CHIBA, JAPAN – PETRONAS Lubricants International (PLI) recently set a new industry benchmark at the Tokyo Auto Salon with the debut of its market-first Japanese Automotive Standards Organization (JASO)-certified lubricants engineered for Japan’s latest generation of advanced engines. This ...