Chinese automaker BYD Co is turning heads with claims that it’s developed an electric-vehicle (EV) platform it says will enable drivers to charge an EV in roughly the same time it takes to refuel a gasoline car.

How BYD’s five-minute charges compare with competitors

Cathay Pacific Airways Ltd’s full-year profit inched higher, defying expectations for a drop, as the carrier benefited from continued strong demand for air travel and robust cargo volumes.

Cathay full-year net rises as carrier posts bumper second half

Former Malayan Banking Bhd (KL:MAYBANK) group president and chief executive officer Tan Sri Abdul Farid Alias, currently an independent director of Bursa Malaysia Bhd (KL:BURSA), has been appointed as the non-executive chairman of the stock exchange operator by the minister of finance, effective from May 1.

Former Maybank CEO Farid Alias redesignated as Bursa non-executive chairman from May, replacing Abdul Wahid who is retiring

KUALA LUMPUR (March 27): Petroliam Nasional Bhd, also known as Petronas, said on Thursday that it has issued a US$5 billion (RM22 billion) senior multi-tranche bond and proceeds would be used for general corporate purposes.

Petronas raises US$5b from its first dollar bond in four years

2012

FY2013 (ended Jan 31): net profit RM663.78 mil, revenue RM6.91 bil, total liabilities RM8.45 bil

May  Merger of SapuraCrest Petroleum Bhd with Kencana Petroleum Bhd. The merged entity takes on ...

Cover Story: Timeline of events at Sapura Energy, impact on profit and debt levels

FROM a 10-storey blue-domed office building that overlooks a scenic lake in Jalan Tasik, The Mines Resort City, in Seri Kembangan, Selangor, oil and gas outfit Sapura Energy Bhd (KL:SAPNRG) — a Practice Note 17 company — has moved into the much older 40-storey Menara PNB in Jalan Tun Razak, which...

Cover Story: Is the worst really over for Sapura Energy?

KUALA LUMPUR (March 27): Steel Hawk Engineering Sdn Bhd, a wholly owned subsidiary of oil and gas services provider Steel Hawk Bhd (KL:HAWK), has been appointed as a panel contractor for engineering, procurement, construction, and commissioning (EPCC) works for remote operations by Petronas Carig...

Steel Hawk’s unit appointed as panel contractor by Petronas Carigali for EPCC works

The Ministry of Finance has allocated RM1.9 billion to Prasarana Malaysia Bhd to buy 1,660 new diesel and electric buses in phases over a three-year period.

Govt allocating RM1.9b to Prasarana for 1,660 new diesel, electric buses, says Amir Hamzah

Malaysia’s electrical and electronics (E&E), rubber, furniture and optical and scientific equipment exports are the most vulnerable to tariffs the US is expected to impose on the “dirty 15” countries next week, according to UOB economists.

Malaysia's electronics, rubber, furniture exports most at risk from Trump's potential tariffs on 'dirty 15' — UOB

Amanah Saham Nasional Bhd (ASNB), a wholly owned unit trust company of Permodalan Nasional Bhd (PNB), has declared a total income distribution payout of RM2.18 billion for the financial year ending March 31, 2025 (FY2025).

ASNB declares RM2.18b distribution for FY2025, with ASB 2 at 5.50 sen per unit, ASM at five sen

Lembaga Tabung Angkatan Tentera aims to trim its strategic assets to 35% of its total holdings over the next three years under the Project Earth restructuring plan.

LTAT to pare strategic assets to 35% of holdings in three years, says CEO

KUALA LUMPUR (March 27): Oasis Home Holding Bhd, which sells consumer products through livestream commerce, signed an agreement for MIDF Amanah Investment Bank to underwrite its Bursa Malaysia Ace Market initial public offering (IPO).

Oasis Home gets MIDF to underwrite Ace Market IPO, listing aimed for May

China has told state-owned firms to hold off on any new collaboration with businesses linked to Li Ka-shing and his family, according to people familiar with the matter, after the Hong Kong billionaire irked Beijing with his plan to sell two Panama ports to a global consortium.

China said to pause new deals with Li Ka-shing, family following plan to sell Panama ports to BlackRock-led consortium

KUALA LUMPUR (March 27): Ekuiti Nasional Bhd, Malaysia’s state-owned private equity firm also known as Ekuinas, said its chief executive officer Datuk Syed Yasir Arafat Syed Abd Kadir will step down on March 31.

Ekuinas announces CEO Syed Yasir Arafat to step down on March 31

Ekuiti Nasional Bhd (Ekuinas), which was formed in 2009, will be put under Permodalan Nasional Bhd (PNB) as part of the government’s plan to consolidate the bumiputera-focused investment institutions.&nbsp;

Ekuinas to be under PNB’s purview, say sources  

Lembaga Tabung Angkatan Tentera (LTAT), the pension fund for the Malaysian Armed Forces, has declared a seven-high dividend of 5.25% for 2024.

LTAT declares seven-year high dividend of 5.25% for 2024

US President Donald Trump said he would consider lowering tariff rates imposed on China to secure Beijing’s support for a sale of the US operations of ByteDance Ltd’s social video platform TikTok to an American company.

Trump says he could cut China tariffs to secure TikTok deal

Amanah Saham Nasional Bhd (ASNB), a wholly owned unit trust company of Permodalan Nasional Bhd (PNB), has declared a total income distribution payout of RM2.18 billion for the financial year ending March 31, 2025 (FY2025).

Analysts have trimmed their forecasts for Gamuda Bhd (KL:GAMUDA) after weaker-than-expected earnings for the first half ended Jan 31, 2025 (1HFY2025).

Analysts trim Gamuda earnings forecasts after 1H miss

President Xi Jinping is making China’s presence more felt across the Indo-Pacific region by testing US allies on sensitive issues, as US President&nbsp;Donald Trump’s attention is taken up elsewhere.

Xi tests US allies in Indo-Pacific as Trump looks elsewhere

KUALA LUMPUR (March 27): The board of directors of HHRG Bhd (KL:HHRG) has decided against convening an extraordinary general meeting (EGM) requisitioned by its largest shareholder Cfamillie Holdings Sdn Bhd to remove the board of directors of the company, and has filed a legal suit to stop it from being convened.

HHRG rejects largest shareholder’s call for EGM to remove board, files suit to stop meeting

KUALA LUMPUR (March 27): Petronas’ first bond issuance in four years is expected to attract strong investor demand, potentially tightening spreads, lowering yields, and reducing its borrowing costs, according to CreditSights, a research arm of Fitch.

Petronas’ first bond issuance in four years likely to spike demand, making it cheaper to raise funds — CreditSights

SHAH ALAM (March 27): An AirAsia flight bound for Shenzhen, China, had to make a turnback to Kuala Lumpur International Airport Terminal 2 shortly after takeoff, due to a reported engine fire.

AirAsia flight to China turns back to KLIA Terminal 2 due to engine fire, lands safely

KUALA LUMPUR (March 27): AMMB Holding Bhd (KL:AMBANK) may pay out higher than expected dividends when the sixth-largest Malaysian bank by assets announces its strong results for the current financial year.

AMMB may pay higher than expected dividend, analysts flag

Asian shares skidded with Wall Street on Thursday, while the dollar hovered near a three-week high, after US&nbsp;President&nbsp;Donald Trump&nbsp;announced new&nbsp;tariffs&nbsp;on all auto imports, ratcheting up a&nbsp;global&nbsp;trade war that risks fuelling inflation.

Stocks skid, dollar nears three-week high as Trump announces auto tariffs

The Ministry of Finance has&nbsp;allocated RM1.9 billion to Prasarana Malaysia Bhd to buy 1,660 new diesel and electric buses in phases over a three-year period.

(March 27):&nbsp;Indonesia is betting on tiny bugs from Africa to help boost its palm oil production, as the broader sector grapples with tightening supply that threatens to keep prices elevated and add to food inflation.

Indonesia to use one million African weevils to spur palm output

US President Donald Trump signed an order to implement a 25% tariff on auto imports, expanding a trade war designed to bring more manufacturing jobs to the US and setting the stage for an even broader push on levies next week.

Trump to hit auto imports with 25% tariff in trade fight

Malaysia’s electrical and electronics (E&amp;E), rubber, furniture and optical and scientific equipment exports are the most vulnerable to tariffs the US is expected to impose on the “dirty 15” countries next week, according to UOB economists.

Three days of relative peace were broken on Wall Street, with big tech driving major stock benchmarks lower, as concern about a trade war’s impact on the economy and inflation resurfaced to squelch risk appetites.

Stocks fall in late hours amid Trump auto tariffs

Chinese electric vehicle maker Xpeng Inc&nbsp;is looking to ramp up its global expansion, including investing in manufacturing plants and infrastructure, with a focus on large markets such as Europe.

Xpeng may add EV output in Europe, Latin America in growth push

KUALA LUMPUR (March 27): Petroliam Nasional Bhd, also known as Petronas, said on Thursday that it has issued a US$5 billion (RM22 billion) senior multi-tranche bond and proceeds would be used for general corporate purposes.

Danny Lee & Linda Lew