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After The Storm: Four Scenarios for the Iran War
After decapitating the Iranian regime and bombing Islamic Revolutionary Guard Corps positions for 40 days, the Trump administration has failed to secure a surrender and left Iran in control of the Strait of Hormuz. With Iran striking critical infrastructure across the Gulf Cooperation Council states and threatening shipping, the United States rever

SkyeChip positions for AI supercycle
KUALA LUMPUR (May 16): Penang-based integrated circuit designer SkyeChip Bhd (KL:SKYECHIP) is set to debut on Bursa Malaysia’s Main Market on May 20 after drawing strong investor demand for its initial public offering (IPO), as the company positions itself to ride the artificial intelligence (AI)-driven semiconductor boom through ownership of silic

Sustainable Construction Symposium 2026 | Pre-Event Survey
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Maxis, Westports, Carlsberg Malaysia, Johor Plantations, IJM, Sunway, Gas Malaysia, MKH, Iris Group, Velesto Energy, Hibiscus Petroleum, MN Holdings, NCT Alliance, MAA Group, Lim Seong Hai Capital, Azam Jaya, Lianson Fleet
KUALA LUMPUR (May 15): Here is a brief recap of some business news and corporate announcements that made the headlines on Friday. Maxis Bhd's (KL:MAXIS) net profit rose more than 12% in the first quarter ended March 31, 2026 (1QFY2026) to RM417 million from RM371 million in the year-ago period, thanks to a modest increase in services revenue at b

Lianson Fleet’s JV pivots to downstream product tanker market with RM111.9m vessel buy
KUALA LUMPUR (May 15): Offshore support vessel (OSV) operator Lianson Fleet Group Bhd (KL:LFG) is diversifying into the downstream product tanker market through the acquisition of a medium range vessel chemical tanker worth US$28.45 million (RM111.85 million). It is buying the vessel, known as MT High Tide, from d’Amico Tankers Designated Activity

Lion Industries unit hit with over RM90m arbitration claim in gas supply deal
KUALA LUMPUR (May 15): Lion Industries Corp Bhd (KL:LIONIND) is seeking legal advice after its 99%-owned unit Amsteel Mills Sdn Bhd (AMSB) was hit with arbitration by Linde Malaysia Sdn Bhd over an alleged breach of a July 2017 gas supply agreement. In a filing with Bursa Malaysia on Friday, the group said AMSB was notified on May 14 by the Asian

Gas Malaysia partners Tokyo Gas, Netherlands-based VTTI for RM3b LNG regasification terminal in Kedah
KUALA LUMPUR (May 15): Gas Malaysia Bhd (KL:GASMSIA) has entered into a joint development agreement (JDA) with Japan’s Tokyo Gas Co Ltd and Netherlands-based VTTI BV to develop a liquefied natural gas (LNG) regasification terminal in Yan, Kedah with an estimated cost of up to RM3 billion. In a Bursa Malaysia filing, the group said the parties will

Economists keep Malaysia’s 2026 GDP forecast, flag rising external risks in 2H
KUALA LUMPUR (May 15): Economists have maintained their 2026 gross domestic product (GDP) projections within the government’s 4%-5% target range despite 1Q numbers coming in slightly higher, flagging rising downside risks in the second half of the year amid external supply shocks stemming from the ongoing Iran war. Malaysia’s economy expanded 5.4%