DENVER, June 3 (Bernama-GLOBE NEWSWIRE) -- As global crypto market regulatory systems become increasingly sophisticated, compliance has become an inevitable trend for trading platform development. SKHTU Exchange recently announced its official acquisition of an operating license from the US Securities and Exchange Commission (SEC), making it one of the few compliant trading platforms meeting US securities regulatory standards. This milestone marks a significant breakthrough in the SKHTU compliance framework and lays a solid foundation for its global strategy.
The SEC, as the most authoritative financial regulator worldwide, sets licensing standards covering asset custody, investor protection, information disclosure, and anti-money laundering (AML), among other stringent requirements. Obtaining this certification means the platform must achieve the same standards as traditional securities markets in operational transparency, fund security, and compliance governance.
With the SEC license, SKHTU Exchange can provide legitimate trading services in the US and other regulated markets, covering spot, derivatives, asset management, and RWA (real-world asset) business areas. This gives the platform higher market access qualifications and provides institutional clients and multinational investors with a secure, regulation-compliant investment environment.
The SKHTU Exchange compliance team stated: “Obtaining the SEC license is not only a breakthrough in compliance, but also represents our long-term commitment to global users. Regulatory involvement is not a restriction, but the starting point for trust. We aim to provide reliable financial services for investors with a higher-standard regulatory framework.”
Industry experts believe that the SEC license is a key sign of crypto trading platforms entering the institutional stage, enabling platforms to play a deeper role in capital markets and providing a legal foundation for RWA tokenization, compliant issuance of financial derivatives, and cross-border asset allocation. As global regulatory consensus forms, platforms with SEC qualifications will have significant advantages in future market competition.
This milestone symbolizes a critical leap in the compliance landscape of SKHTU Exchange. From the crypto ecosystem to traditional finance, SKHTU uses compliance as a bridge to build safe and sustainable digital financial infrastructure, offering global users a more robust investment environment.
A photo accompanying this announcement is available at
https://www.globenewswire.com/NewsRoom/AttachmentNg/8505d29a-d3fe-4f9f-8ef3-e5ce250001b5
Contact: Ridzuan-support@skhtu.org
SOURCE: Skhtu Exchange Services Ltd
DISCLAIMER: BERNAMA MREM are not accountable for any causes of website defacement, misuse, or illegal activities connected to cryptocurrency, blockchain, tokenisation, or bitcoin. This material should not be considered as guidance or an opinion, as it does not constitute financial or investment advice. Use this information at your own risk; we are not liable for any losses or damages caused by the republication of this article.
--BERNAMA
Wednesday, 3 June 2026
BLACKSTONE CLOSES LARGEST ASIA PRIVATE EQUITY FUND AT US$13.1 BLN
KUALA LUMPUR, June 3 (Bernama) -- Blackstone, an alternative asset manager, has announced the final close of Blackstone Capital Partners Asia III (BCP Asia III) at US$13.1 billion, exceeding its US$10 billion target and marking the firm's largest private equity fundraise in Asia. (US$1=RM3.96)
The oversubscribed fund reached its hard cap and builds on the strong performance of the strategy’s first two vintages, with this close representing more than double the amount of capital raised for its predecessor vehicle.
“We are grateful for the continued trust of our investors in Blackstone and our leading Asia Private Equity franchise. This successful fundraise reflects the strength of our platform and our ability to perform through cycles,” said Blackstone Private Equity Strategies Global Head, Joe Baratta in a statement.
Meanwhile, Blackstone Private Equity Head of Asia, Amit Dixit said: “We believe our differentiation lies in our scale, supported by homegrown teams across the region’s major markets; strong performance; and our control-orientated strategy that enables us to have a hands-on, proactive approach to supporting business transformations. We thank our investors for their support and partnership.”
The firm invested more than US$7 billion across 12 transactions in the region over the past 24 months.
The investments include Neysa, a fast-growing Indian artificial intelligence cloud platform; TechnoPro, Japan's leading specialised engineering services provider; and JUNO, South Korea's top hair salon franchise.
Blackstone also completed 15 exits during the same period, including the listings of International Gemological Institute and Aadhar Housing Finance, as well as its exit from Alinamin Pharmaceutical in Japan.
-- BERNAMA
The oversubscribed fund reached its hard cap and builds on the strong performance of the strategy’s first two vintages, with this close representing more than double the amount of capital raised for its predecessor vehicle.
“We are grateful for the continued trust of our investors in Blackstone and our leading Asia Private Equity franchise. This successful fundraise reflects the strength of our platform and our ability to perform through cycles,” said Blackstone Private Equity Strategies Global Head, Joe Baratta in a statement.
Meanwhile, Blackstone Private Equity Head of Asia, Amit Dixit said: “We believe our differentiation lies in our scale, supported by homegrown teams across the region’s major markets; strong performance; and our control-orientated strategy that enables us to have a hands-on, proactive approach to supporting business transformations. We thank our investors for their support and partnership.”
The firm invested more than US$7 billion across 12 transactions in the region over the past 24 months.
The investments include Neysa, a fast-growing Indian artificial intelligence cloud platform; TechnoPro, Japan's leading specialised engineering services provider; and JUNO, South Korea's top hair salon franchise.
Blackstone also completed 15 exits during the same period, including the listings of International Gemological Institute and Aadhar Housing Finance, as well as its exit from Alinamin Pharmaceutical in Japan.
-- BERNAMA
CGC TO IMPLEMENT RM10 BILLION BNM-CGC PORTFOLIO GUARANTEE SCHEMES FOR MSME GROWTH, INCLUSION AND RESILIENCE
PETALING JAYA, June 3 (Bernama) -- Credit Guarantee Corporation Malaysia Berhad (“CGC”) will roll out the BNM-CGC Portfolio Guarantee (PG) and Portfolio Guarantee-i (PG-i) schemes, supporting up to RM10 billion in guaranteed financing for micro, small and medium enterprises (MSMEs). Building on Bank Negara Malaysia’s (BNM) earlier announcement, the schemes are designed to broaden MSMEs’ access to financing across growth and strategic sectors, with CGC serving as the implementation and risk-sharing platform alongside participating financial institutions.
This marks a shift from direct lending support through non-relief facilities toward a scalable, guarantee-based model that enables participating financial institutions to support viable MSMEs, including first-time borrowers and businesses investing in future growth.
The PG and PG-i schemes are structured around four policy objectives: expanding financial inclusion for underserved MSMEs, supporting climate and sustainability transition, improving productivity, and strengthening business resilience. These objectives translate into targeted support for microenterprises, startups, sustainability-focused businesses, enterprises in emerging and strategic sectors, and MSMEs investing in innovation, productivity and resilience.
President and Chief Executive Officer of CGC, Encik Mohamed Nazri Omar, said: “This signals a move from direct lending support toward a larger, guarantee-based financing model that enables financial institutions to lend with greater confidence to viable MSMEs, including first-time borrowers, smaller businesses, and enterprises investing in future growth. Through our targeted risk-sharing approach with participating financial institutions, we want to change the way they evaluate these underserved market segments to create new opportunities and contribute to a stronger and resilient economy.”
Unlike short-term facilities that primarily address immediate cash-flow and working-capital pressures, the PG and PG-i schemes are designed to support longer-term MSME growth, productivity upgrading, sustainability transition and resilience-building. They complement BNM’s SME Stabilisation Relief Facility (SME SRF), which provides short-term relief of up to RM750,000 in working capital over tenures of up to 5 years, and the earlier RM300 million PG Relief Scheme, which offers targeted relief of RM20,000 to RM500,000, up to 90% coverage, and up to 7 years for affected MSMEs. Together, these initiatives span the full spectrum from immediate relief to long-term growth.
Under the PG and PG-i schemes, eligible MSMEs can access:
• Financing of up to RM10 million per MSME, supporting expansion and long-term investment
• Tenures of up to 10 years, offering flexible and manageable repayment terms
• Guarantee coverage of up to 85%, helping eligible MSMEs with limited collateral improve their access to financing, subject to credit assessment by participating financial institutions
• Guarantee fees from as low as 1%, keeping overall costs affordable
For further details on the schemes, visit CGC’s website at www.cgc.com.my (BNM-CGC Portfolio Guarantee schemes page). Alternatively, MSMEs may contact CGC’s Client Service Centre at 03-7880 0088, email csc@cgc.com.my, or reach out to any of CGC’s branches nationwide.
About CGC
Credit Guarantee Corporation Malaysia Berhad (CGC) was established on 5 July 1972. It is 78.65% owned by Bank Negara Malaysia and 21.35% by the commercial banks in Malaysia. CGC aims to assist Micro, Small, and Medium-Sized Enterprises (MSMEs) with inadequate or without collateral and track records to obtain credit facilities from financial institutions by providing guarantee cover on such facilities. As of April 2026, CGC has availed over 547,000 guarantees and financing to MSMEs valued at over RM104 billion since its establishment.
On 9 February 2018, CGC introduced imSME, Malaysia’s first MSME online financing/loan referral platform. The imSME serves as an alternative channel for MSMEs to source for financing products, saving them both the time and the hassle of going through time-consuming processes. Since inception, the imSME portal had received more than 3.19 million visits, with more than 144,987 registered MSMEs under the portal.
For more information, please visit www.cgc.com.my and imsme.com.my.
SOURCE: Credit Guarantee Corporation (CGC)
FOR MORE INFORMATION, PLEASE CONTACT:
Name: Azman Idrus
Head of Strategic Management & Communications
Name: Azri Zulfadli Fadil
Head of Branding & Events
Email: ccsr@cgc.com.my
--BERNAMA
This marks a shift from direct lending support through non-relief facilities toward a scalable, guarantee-based model that enables participating financial institutions to support viable MSMEs, including first-time borrowers and businesses investing in future growth.
The PG and PG-i schemes are structured around four policy objectives: expanding financial inclusion for underserved MSMEs, supporting climate and sustainability transition, improving productivity, and strengthening business resilience. These objectives translate into targeted support for microenterprises, startups, sustainability-focused businesses, enterprises in emerging and strategic sectors, and MSMEs investing in innovation, productivity and resilience.
President and Chief Executive Officer of CGC, Encik Mohamed Nazri Omar, said: “This signals a move from direct lending support toward a larger, guarantee-based financing model that enables financial institutions to lend with greater confidence to viable MSMEs, including first-time borrowers, smaller businesses, and enterprises investing in future growth. Through our targeted risk-sharing approach with participating financial institutions, we want to change the way they evaluate these underserved market segments to create new opportunities and contribute to a stronger and resilient economy.”
Unlike short-term facilities that primarily address immediate cash-flow and working-capital pressures, the PG and PG-i schemes are designed to support longer-term MSME growth, productivity upgrading, sustainability transition and resilience-building. They complement BNM’s SME Stabilisation Relief Facility (SME SRF), which provides short-term relief of up to RM750,000 in working capital over tenures of up to 5 years, and the earlier RM300 million PG Relief Scheme, which offers targeted relief of RM20,000 to RM500,000, up to 90% coverage, and up to 7 years for affected MSMEs. Together, these initiatives span the full spectrum from immediate relief to long-term growth.
Under the PG and PG-i schemes, eligible MSMEs can access:
• Financing of up to RM10 million per MSME, supporting expansion and long-term investment
• Tenures of up to 10 years, offering flexible and manageable repayment terms
• Guarantee coverage of up to 85%, helping eligible MSMEs with limited collateral improve their access to financing, subject to credit assessment by participating financial institutions
• Guarantee fees from as low as 1%, keeping overall costs affordable
For further details on the schemes, visit CGC’s website at www.cgc.com.my (BNM-CGC Portfolio Guarantee schemes page). Alternatively, MSMEs may contact CGC’s Client Service Centre at 03-7880 0088, email csc@cgc.com.my, or reach out to any of CGC’s branches nationwide.
About CGC
Credit Guarantee Corporation Malaysia Berhad (CGC) was established on 5 July 1972. It is 78.65% owned by Bank Negara Malaysia and 21.35% by the commercial banks in Malaysia. CGC aims to assist Micro, Small, and Medium-Sized Enterprises (MSMEs) with inadequate or without collateral and track records to obtain credit facilities from financial institutions by providing guarantee cover on such facilities. As of April 2026, CGC has availed over 547,000 guarantees and financing to MSMEs valued at over RM104 billion since its establishment.
On 9 February 2018, CGC introduced imSME, Malaysia’s first MSME online financing/loan referral platform. The imSME serves as an alternative channel for MSMEs to source for financing products, saving them both the time and the hassle of going through time-consuming processes. Since inception, the imSME portal had received more than 3.19 million visits, with more than 144,987 registered MSMEs under the portal.
For more information, please visit www.cgc.com.my and imsme.com.my.
SOURCE: Credit Guarantee Corporation (CGC)
FOR MORE INFORMATION, PLEASE CONTACT:
Name: Azman Idrus
Head of Strategic Management & Communications
Name: Azri Zulfadli Fadil
Head of Branding & Events
Email: ccsr@cgc.com.my
--BERNAMA
Tuesday, 26 May 2026
CIMB records resilient 1Q26, underpinned by disciplined execution of Forward30 strategy
Delivers RM1.9 billion net profit, translating to 11.0% ROE
KUALA LUMPUR, May 26 (Bernama) -- CIMB Group Holdings Berhad (“CIMB” or “the Group”) delivered a resilient performance, recording a net profit of RM1.9 billion for the first quarter ended 31 March 2026 (“1Q26”), translating to return on equity (“ROE”) of 11.0% and earnings per share (“EPS”) of 17.8 sen. The performance reflected the Group’s steady underlying momentum despite FX and geopolitical headwinds, supported by disciplined execution of its Forward30 strategy.
Operating income remained stable QoQ at RM5.4 billion, supported by strong non-interest income (“NOII”), which rose 11.9% QoQ to RM1.7 billion on stronger trading and FX income. This helped offset a 5.0% QoQ decline in net interest income (“NII”) to RM3.7 billion, due to Group net interest margin (“NIM”) compression of 2bps during the quarter, although the impact on NII was partially cushioned by asset growth. Nonetheless, the Group is seeing early signs of NIM compression bottoming out, with country-level NIM expanding QoQ by 1bp in Malaysia, 12bps in Singapore and 5bps in Thailand.
CIMB’s total assets and gross loans grew marginally during the quarter, while its Cash-led strategy continued to gain traction. Total current account saving account (“CASA”) expanded further, bringing the CASA ratio to 43.3% as at Mar-26, from 42.7% in Dec-25.
The Group remains relentless in becoming simpler, better and faster to drive productivity and efficiency. CIMB continues to simplify processes, strengthen execution and maintain strict cost discipline. During the quarter, operating expenses declined 5.5% QoQ, contributing to an improvement in the cost-to-income ratio (“CIR”) to 47.2% in Mar-26 from 49.9% in Dec-25, while investments in technology, data and AI remained within its target TCIR range of 8–9%.
Asset quality remained strong, with gross impaired loan ratio maintained at 1.7%, reflecting disciplined risk management amid a more uncertain macroeconomic environment. Capital and liquidity positions remained robust, with Common Equity Tier 1 (“CET1”) ratio at 14.3%, providing sufficient capacity to absorb potential headwinds and support future growth.
Forward30 progress
The Group is beginning to see the impact of its Forward30 strategy, with clear execution across the 4Cs. CIMB remains disciplined with Capital allocation, as reflected in the RM2 billion capital return programme announced in November 2025 and the recent sale of CIMB Thai’s automotive financing portfolio, a key milestone in CIMB Thai’s transformation programme. The divestment is expected to sharpen CIMB Thai’s operating model, with sale proceeds and capital released to be used to repay high-cost funding in Thailand, support growth in the Wealth and Wholesale segments, and return up to THB11 billion in capital to the Group.
Under its Cash strategy, CIMB is executing a Cash-led approach to optimise funding costs and cushion the impact of NIM compression. This contributed to a 7bps QoQ reduction in cost of funds, reflecting continued focus on strengthening the quality and sustainability of the Group’s funding base.
Cross-sell initiatives are also translating into stronger customer income, with fee and commission income rising 4.0% QoQ, and treasury client sales up 1.0% QoQ. CIMB is deepening customer relationships and capturing more opportunities across its regional platform, supported by its expanding wealth franchise and strategic partnerships. This includes the launch of its Private Wealth proposition in Indonesia, with a rollout in Malaysia planned for mid‑2026, followed by Singapore and Thailand by end‑2026, as well as its collaboration with Ant International to explore innovations in cross-border payments, cash management, treasury and liquidity management solutions.
Outlook
Commenting on the results, Novan Amirudin, Group Chief Executive Officer of CIMB Group said, “We are encouraged by the resilience of our performance and the early signs of NIM stabilisation, supported by disciplined balance sheet management and sustained customer activity across our core markets. As Forward30 gains traction, we remain focused on being disciplined with capital, strengthening our funding franchise and making the organisation simpler, better and faster to deliver sustainable long-term returns.”
“At the same time, we will continue investing in our digital and regional capabilities to strengthen our franchise, deepen customer relationships and capture longer-term growth opportunities across ASEAN. As we build for the future, we remain committed to being a trusted partner to our customers and SMEs as they navigate this challenging macroeconomic environment, including through repayment assistance programmes and customised restructuring and rescheduling solutions to help them build resilience.”
“Looking ahead, CIMB remains cautiously optimistic. While our direct exposure to West Asia remains limited, we continue to assess potential second-order impacts on the broader macroeconomic and operating environment. We continue to see resilient asset and loan growth, supported by a healthy pipeline, alongside steady client franchise income across our key markets. Together with continued cost discipline, robust asset quality and disciplined capital allocation, the Group is well positioned to deliver sustainable performance and long-term value creation for our stakeholders, in line with our purpose of advancing customers and society.”
About CIMB
CIMB is one of ASEAN’s leading banking groups and Malaysia’s second largest financial services provider, by assets. Listed on Bursa Malaysia via CIMB Group Holdings Berhad, it had a market capitalisation of approximately RM81.6 billion as at 31 March 2026. It offers consumer banking, commercial banking, wholesale banking, transaction banking, Islamic banking and asset management products and services. Headquartered in Kuala Lumpur, the Group is present across ASEAN in Malaysia, Indonesia, Singapore, Thailand, Cambodia, Vietnam and the Philippines.
Beyond ASEAN, the Group has market presence in China, Hong Kong and UK. CIMB has one of the most extensive retail branch networks in ASEAN with 545 branches and over 33,000 employees as at 31 March 2026. CIMB’s investment banking arm is one of the largest Asia Pacific-based investment banks, which together with its award-winning treasury & markets and corporate banking units comprise the Group’s leading wholesale banking franchise. CIMB is also the 91.45% shareholder of Bank CIMB Niaga in Indonesia, and 94.83% shareholder of CIMB Thai in Thailand.
SOURCE: CIMB Group Holdings Berhad
FOR MORE INFORMATION, PLEASE CONTACT:
Name: Anis Azharuddin / Kelvin Jude Muthu
Group Corporate Communications
CIMB Group Holdings Berhad
Email: anis.azharuddin@cimb.com / kelvinjude.muthu@cimb.com
--BERNAMA
KUALA LUMPUR, May 26 (Bernama) -- CIMB Group Holdings Berhad (“CIMB” or “the Group”) delivered a resilient performance, recording a net profit of RM1.9 billion for the first quarter ended 31 March 2026 (“1Q26”), translating to return on equity (“ROE”) of 11.0% and earnings per share (“EPS”) of 17.8 sen. The performance reflected the Group’s steady underlying momentum despite FX and geopolitical headwinds, supported by disciplined execution of its Forward30 strategy.
Operating income remained stable QoQ at RM5.4 billion, supported by strong non-interest income (“NOII”), which rose 11.9% QoQ to RM1.7 billion on stronger trading and FX income. This helped offset a 5.0% QoQ decline in net interest income (“NII”) to RM3.7 billion, due to Group net interest margin (“NIM”) compression of 2bps during the quarter, although the impact on NII was partially cushioned by asset growth. Nonetheless, the Group is seeing early signs of NIM compression bottoming out, with country-level NIM expanding QoQ by 1bp in Malaysia, 12bps in Singapore and 5bps in Thailand.
CIMB’s total assets and gross loans grew marginally during the quarter, while its Cash-led strategy continued to gain traction. Total current account saving account (“CASA”) expanded further, bringing the CASA ratio to 43.3% as at Mar-26, from 42.7% in Dec-25.
The Group remains relentless in becoming simpler, better and faster to drive productivity and efficiency. CIMB continues to simplify processes, strengthen execution and maintain strict cost discipline. During the quarter, operating expenses declined 5.5% QoQ, contributing to an improvement in the cost-to-income ratio (“CIR”) to 47.2% in Mar-26 from 49.9% in Dec-25, while investments in technology, data and AI remained within its target TCIR range of 8–9%.
Asset quality remained strong, with gross impaired loan ratio maintained at 1.7%, reflecting disciplined risk management amid a more uncertain macroeconomic environment. Capital and liquidity positions remained robust, with Common Equity Tier 1 (“CET1”) ratio at 14.3%, providing sufficient capacity to absorb potential headwinds and support future growth.
Forward30 progress
The Group is beginning to see the impact of its Forward30 strategy, with clear execution across the 4Cs. CIMB remains disciplined with Capital allocation, as reflected in the RM2 billion capital return programme announced in November 2025 and the recent sale of CIMB Thai’s automotive financing portfolio, a key milestone in CIMB Thai’s transformation programme. The divestment is expected to sharpen CIMB Thai’s operating model, with sale proceeds and capital released to be used to repay high-cost funding in Thailand, support growth in the Wealth and Wholesale segments, and return up to THB11 billion in capital to the Group.
Under its Cash strategy, CIMB is executing a Cash-led approach to optimise funding costs and cushion the impact of NIM compression. This contributed to a 7bps QoQ reduction in cost of funds, reflecting continued focus on strengthening the quality and sustainability of the Group’s funding base.
Cross-sell initiatives are also translating into stronger customer income, with fee and commission income rising 4.0% QoQ, and treasury client sales up 1.0% QoQ. CIMB is deepening customer relationships and capturing more opportunities across its regional platform, supported by its expanding wealth franchise and strategic partnerships. This includes the launch of its Private Wealth proposition in Indonesia, with a rollout in Malaysia planned for mid‑2026, followed by Singapore and Thailand by end‑2026, as well as its collaboration with Ant International to explore innovations in cross-border payments, cash management, treasury and liquidity management solutions.
Outlook
Commenting on the results, Novan Amirudin, Group Chief Executive Officer of CIMB Group said, “We are encouraged by the resilience of our performance and the early signs of NIM stabilisation, supported by disciplined balance sheet management and sustained customer activity across our core markets. As Forward30 gains traction, we remain focused on being disciplined with capital, strengthening our funding franchise and making the organisation simpler, better and faster to deliver sustainable long-term returns.”
“At the same time, we will continue investing in our digital and regional capabilities to strengthen our franchise, deepen customer relationships and capture longer-term growth opportunities across ASEAN. As we build for the future, we remain committed to being a trusted partner to our customers and SMEs as they navigate this challenging macroeconomic environment, including through repayment assistance programmes and customised restructuring and rescheduling solutions to help them build resilience.”
“Looking ahead, CIMB remains cautiously optimistic. While our direct exposure to West Asia remains limited, we continue to assess potential second-order impacts on the broader macroeconomic and operating environment. We continue to see resilient asset and loan growth, supported by a healthy pipeline, alongside steady client franchise income across our key markets. Together with continued cost discipline, robust asset quality and disciplined capital allocation, the Group is well positioned to deliver sustainable performance and long-term value creation for our stakeholders, in line with our purpose of advancing customers and society.”
About CIMB
CIMB is one of ASEAN’s leading banking groups and Malaysia’s second largest financial services provider, by assets. Listed on Bursa Malaysia via CIMB Group Holdings Berhad, it had a market capitalisation of approximately RM81.6 billion as at 31 March 2026. It offers consumer banking, commercial banking, wholesale banking, transaction banking, Islamic banking and asset management products and services. Headquartered in Kuala Lumpur, the Group is present across ASEAN in Malaysia, Indonesia, Singapore, Thailand, Cambodia, Vietnam and the Philippines.
Beyond ASEAN, the Group has market presence in China, Hong Kong and UK. CIMB has one of the most extensive retail branch networks in ASEAN with 545 branches and over 33,000 employees as at 31 March 2026. CIMB’s investment banking arm is one of the largest Asia Pacific-based investment banks, which together with its award-winning treasury & markets and corporate banking units comprise the Group’s leading wholesale banking franchise. CIMB is also the 91.45% shareholder of Bank CIMB Niaga in Indonesia, and 94.83% shareholder of CIMB Thai in Thailand.
SOURCE: CIMB Group Holdings Berhad
FOR MORE INFORMATION, PLEASE CONTACT:
Name: Anis Azharuddin / Kelvin Jude Muthu
Group Corporate Communications
CIMB Group Holdings Berhad
Email: anis.azharuddin@cimb.com / kelvinjude.muthu@cimb.com
--BERNAMA
MHTC Deepens China Market Presence as Medical Travel Revenue Surpasses RM200 Million
GUANGZHOU, May 25 (Bernama) -- In response to growing demand from China, the Malaysia Healthcare Travel Council (MHTC) recently launched Malaysia Healthcare Week Guangzhou, a five-day B2B market activation designed to strengthen referral pathways and deepen strategic partnerships within one of China’s most commercially influential healthcare travel corridors. The initiative comes as healthcare traveller arrivals from China recorded a compound annual growth rate of 23% between 2023 and 2025, surpassing 120,000 visitors and generating more than RM200 million in revenue for the first time. Held in Guangzhou, the activation brought together Malaysian healthcare providers, travel industry stakeholders, media representatives, and business partners through a series of targeted engagements focused on referral development, trust-building, and long-term cross-border healthcare collaboration.
The initiative formed part of Malaysia Healthcare’s broader international market strategy under the Malaysia Year of Medical Tourism 2026 (MYMT 2026) campaign, which continues to position Malaysia as a preferred healthcare destination through the theme Healing Meets Hospitality. Unlike conventional consumer-focused campaigns, MH Week in Guangzhou was designed around a more targeted B2B-driven approach, reflecting the evolving dynamics of China’s outbound healthcare travel ecosystem. Insights gathered from previous market engagements showed that healthcare travel decisions in China are increasingly influenced by intermediary networks, including travel agencies, medical facilitators, insurers, and established referral ecosystems.
The programme focused on deepening engagement with key industry enablers that influence patient mobility while strengthening long-term referral pathways into Malaysia. Over five days, participants took part in a series of strategic engagements, including business matching sessions, a travel agency networking event, a private dinner centred on China’s growing silver economy, and a dedicated media engagement designed to enhance the visibility of healthcare narratives and strengthen institutional credibility in the market. Commenting on the initiative, Muhammad Hizami Aizat Che Harun, Head of Marketing Department, MHTC, said the Guangzhou activation reflected Malaysia Healthcare’s shift towards more focused, market-specific engagement strategies that prioritise quality partnerships and sustainable market growth.
“China continues to evolve into a highly strategic healthcare travel market, particularly with the rise of affluent middle-to-high income segments and the rapid expansion of the ageing population. Today’s healthcare travellers are increasingly seeking not only quality treatment, but also convenience, coordinated care, and a seamless overall experience,” said Hizami.
“Through MH Week in Guangzhou, our focus is to strengthen trusted referral ecosystems and build deeper engagement with stakeholders who directly influence healthcare travel decisions. Guangzhou is especially significant because of its strong outbound readiness, mature intermediary networks, and strategic position within the Greater Bay Area, one of China’s most economically influential regions.”
Through MH Week in Guangzhou, Malaysia Healthcare continued to strengthen its position not only as a destination for quality medical treatment, but as a trusted healthcare ecosystem capable of delivering coordinated, patient-centred care for international healthcare travellers. Participating healthcare institutions included Prince Court Medical Centre, KPJ Sabah Specialist Hospital, KPJ Damansara Specialist Hospital 1, and Cengild G.I. Medical Centre, reflecting Malaysia Healthcare’s diverse clinical strengths and commitment to delivering quality care across multiple specialities. Further market engagement initiatives under MYMT 2026 are expected to continue throughout the year as MHTC expands its outreach across priority international markets.
Source: Malaysia Healthcare Travel Council (MHTC)
FOR MORE INFORMATION, PLEASE CONTACT:
Name: Mohamad Shahizam Fauzi
Head, Communications
Tel: +603 8776 6168
Email: shahizam.f@mhtc.org.my
Name: Muhammad Rasydan Ma’at
Head of Unit (HoU), PR and Media
Communications
Tel: +603 8776 6168
Email: rasydan.m@mhtc.org.my
--BERNAMA
Saturday, 23 May 2026
NMB’s Climate Resilient Smart Agriculture and Green Hydrogen Innovations Received Recognition at ITEX 2026
 |
| From Left to Right: Ts. Norhaizam Mustaffa from NMB, Prof. Dr. Ravigadevi Sambanthamurthi FRS, FASc, Ts. Nur Lili Suraya from NMB and Mohamad Hafiz Zolkipli, COO of NMB, receiving the Gold Award during Malam Budaya Cipta at ITEX 2026. |
The SmartLeaf: Leaf-Mimicking Crops Sensors for Smart and Precision Agriculture is a next-generation graphene-based leaf-wetness sensor developed by NMB in collaboration with Regaltech (M) Sdn Bhd and Xiamen University Malaysia. Designed for climate-resilient precision and smart agriculture, SmartLeaf addresses key farming challenges including water inefficiency, fertiliser overuse and crop disease risks. Using Laser-Induced Graphene (LIG) on a PDMS-coated biomimetic surface, the sensor detects moisture via capacitance changes and transmits real-time Internet of Things (IoT) data to support smarter irrigation and crop management.
SmartLeaf is low-cost, scalable and energy-efficient, making it suitable for applications such as horticulture, plant disease management, greenhouse automation, smart farming technologies, research and development, and urban green infrastructure. The technology is fully developed at Technology Readiness Level (TRL) 7 and ready for commercialisation, with potential benefits including yield improvement of 10% to 25%, input cost reduction of up to 15%, and water savings of up to 30% while maintaining yield quality.
Also showcased was the Tandem Indoor Solar Cell with Photoelectrochemical Cell for Hydrogen Production, developed by NMB with PhlexCell Sdn Bhd and Universiti Teknologi PETRONAS, a compact green hydrogen generation module that integrates indoor solar light harvesting with photoelectrochemical water splitting. The system uses a novel photocatalyst to absorb light and support hydrogen production under both sunlight and low-light indoor conditions. The prototype is currently at TRL 4-5, with lab-scale validation demonstrating promising hydrogen-generation performance and operational stability.
The hydrogen production module demonstrates potential for future applications in portable clean energy systems, off-grid hydrogen generation, indoor low-light energy harvesting, energy storage, and research or educational demonstration kits. Its key advantages include self-powered operation, continuous hydrogen generation capability, high photocatalyst stability for long-term use, and a compact, scalable system design.
NMB Group Chief Executive Officer, Prof. (Adj.) Dr Rezal Khairi Ahmad said, “NMB’s annual participation in ITEX 2026 is a method to secure third party validation of the demand-driven technologies developed collaboratively with our industry and university partners. Our Venture Builder investment model actualizes our commitment to translate nanotechnology-based innovations into practical solutions that address real-world challenges. Both locally developed SmartLeaf and hydrogen production module powered by ambient light are designed for food security via sustainable agriculture and accessible clean energy aspirations thus supporting Malaysia’s transition towards a technology-driven climate resilient economy.”
The participation underscores NMB’s role in strengthening Malaysia’s green innovation ecosystem through strategic collaboration with industry and academia, while supporting national priorities in advanced materials, sustainable agriculture, renewable energy and low-carbon technology development.
SOURCE: NanoMalaysia Berhad
FOR MORE INFORMATION, PLEASE CONTACT:
Email: corporateaffairs@nanomalaysia.com.my.
--BERNAMA
Friday, 22 May 2026
MIDA, DAIKIN AND SHRDC COLLABORATE TO STRENGTHEN LOCAL SUPPLIER CAPABILITIES THROUGH SUPPLY CHAIN DEVELOPMENT PROGRAMME
 |
| Image 1: Opening remarks by Mr. Faizal Jalaludin, Executive Director, Investment Promotion, MIDA |
SHAH ALAM, Selangor, May 22 (Bernama) -- The Malaysian Investment Development Authority (MIDA), in collaboration with Daikin Malaysia Sdn. Bhd. and the Selangor Human Resource Development Centre (SHRDC), successfully organised the MIDA – Daikin Supply Chain Programme (Awareness Session), aimed at helping Malaysian suppliers and local SMEs strengthen their competitiveness and participate more actively in global manufacturing supply chains.
Held on 21 May 2026 at SHRDC, Shah Alam, the programme brought together more than 100 participants comprising Daikin’s ecosystem partners such as Daikin Electronics Devices Malaysia, local SMEs, financial institutions and government agencies. The session provided practical guidance on supplier requirements, digital transformation, smart manufacturing and financing support to help Malaysian companies grow, upgrade their operations and better meet the evolving requirements of multinational corporations.
Datuk Sikh Shamsul Ibrahim Sikh Abdul Majid, Chief Executive Officer of MIDA, emphasised, "Integrating Malaysian SMEs into global value chains is critical to sustaining our nation's industrial competitiveness. Through targeted vendor development programmes like this, MIDA is helping Malaysian SMEs build the capabilities needed to become trusted partners in global supply chains. When Malaysian companies become part of the global chain, the impact goes beyond business growth. It creates better jobs, strengthens local industries, encourages technology adoption and opens more opportunities for Malaysians to participate in higher-value economic activities."
Speaking on the importance of ecosystem collaboration in supporting industrial transformation, SHRDC highlighted that talent development remains a key foundation in strengthening industry competitiveness and future readiness.
Ms. Teh Sook Ling, Executive Director of SHRDC, said, “At SHRDC, we believe that transformation begins with people. Guided by our tagline, Leading Transformation Through Training, we continue to champion a people-first strategy in supporting industry growth and future readiness. Through SINERGI, we are able to strengthen the support ecosystem by connecting talent, technology, policy makers, industry, and collaboration under one platform — enabling industries not only to transform, but to accelerate transformation collectively and sustainably.”
Ms. Ho Much Jia, VP, Procurement, Daikin Malaysia Sdn. Bhd., said, “At Daikin, we believe a strong manufacturing ecosystem is built upon capable and future-ready suppliers. Through this collaboration with MIDA and SHRDC, we strive to support local companies in strengthening their capabilities, accelerating digital transformation and adapting to evolving industry requirements. By fostering closer collaboration across the supply chain, we can collectively build a more resilient, connected and sustainable manufacturing ecosystem that creates long-term value for both industry and the nation.”
The programme featured opening remarks by Mr. Faizal Jalaludin, Executive Director, Investment Promotion, MIDA, and Mr. Sukri Abu Bakar, Director of MIDA’s Domestic Investment Division, both of whom underscored MIDA's proactive facilitation role in supporting scaling companies, including assistance with Manufacturing Licence applications and regulatory compliance.
Due to the strong response, the programme was conducted in two sessions to accommodate overwhelming participation from industry players and SMEs. The sessions featured presentations by representatives from MIDA, Daikin Malaysia, Daikin Electronics Devices Malaysia, SHRDC, Alliance Bank and industry players, covering supplier requirements, smart manufacturing transformation, sustainable supply chain development and financing solutions to support digitalisation. Participants also toured SHRDC’s facilities to gain first-hand exposure to automation, digitalisation and Industry 4.0 applications.
Due to the strong response, the programme was conducted in two sessions to accommodate overwhelming participation from industry players and SMEs. The sessions featured presentations by representatives from MIDA, Daikin Malaysia, Daikin Electronics Devices Malaysia, SHRDC, Alliance Bank and industry players, covering supplier requirements, smart manufacturing transformation, sustainable supply chain development and financing solutions to support digitalisation. Participants also toured SHRDC’s facilities to gain first-hand exposure to automation, digitalisation and Industry 4.0 applications.
The initiative reflects MIDA’s proactive efforts to deepen domestic supply chain capabilities and broaden the participation of local companies in high-value industries. Through targeted initiatives such as the Supply Chain Programme, the Grow Local Great initiative, the Enterprise Growth Platform (EGP) and the #InvestLokal campaign, MIDA connects Malaysian SMEs with multinational corporations, facilitates technology adoption and supports capability upgrading in line with the aspirations of the New Industrial Master Plan 2030 (NIMP 2030). These efforts are aimed at enabling more Malaysian companies, especially SMEs, to grow alongside multinational corporations and participate more meaningfully in the country’s industrial development.
Refer this link for contact details and enquiries: https://tinyurl.com/5dujf5sr
SOURCE: Malaysian Investment Development Authority (MIDA)
FOR MORE INFORMATION, PLEASE CONTACT:
MIDA
Name: Mr. Sukri Abu Bakar
Director
Domestic Investment Division
Tel: +603 2267 3685
Email: sukri@mida.gov.my
--BERNAMA
MACSian74 Bridge 2026: Returning Champions Aim to Defend RM15,000 Prize
.jpg)
Ruixia (left) and Ruishan (right) siblings that won the 2012 and 2009 MACsian74 Bridge Competition, respectively
MELAKA, May 22 (Bernama) -- The stage is set for the Vital Factor Consulting Cup 2026: MACSian74 Bridge Over Troubled Waters, and the returning champions are ready to defend their title. Once again, they are challenging construction firms, engineering companies, schools, universities, and anyone daring enough to compete against them for the grand prize of RM15,000.
The returning champions are siblings Lai Ruishan and Lai Ruixia, who made history in past competitions. Ruishan was part of the winning team in 2009, while his sister Ruixia led her team to victory in 2012. One of their bridges supported as much as 38.9 kilograms, roughly the weight of a child, a remarkable achievement using only ice cream sticks, string, and glue. This time, armed with years of experience and shared expertise, the duo are confident they can push their bridge even further and claim the RM15,000 top prize.
But the story is more than just competition. Ruishan, inspired by his early success in the MACSian74 Bridge contest, pursued engineering at the University of Nottingham. Today, he is a project engineer at Sunway Construction, one of Malaysia’s largest construction firms. “The MACSian74 Bridge competition didn’t just teach me about structures, it shaped my future,” Ruishan said. “It showed me the power of creativity, teamwork, and pushing boundaries.”
This year’s competition promises the same blend of excitement, skill, and inspiration for all participants. The Vital Factor Consulting Cup 2026 is a nationwide challenge open to schools, universities, corporations, and individuals eager to test their innovation and engineering skills.
Think you have what it takes to beat the champions? Step up, design your bridge, and see if your team can take home the RM15,000 grand prize. This is your chance to join a legacy that changes lives, just like it did for Ruishan.
Event Details:
· Competition Date: 27 June 2026
· Venue: Malacca Anglo-Chinese School (ACS)
· Extended Registration Deadline: 13 June 2026
The event is presented by Vital Factor Consulting Sdn Bhd, with support from Ikhua Engineering Sdn Bhd.
The official site of The Vital Factor Consulting Cup 2026, together with the rules of the competition:
https://sites.google.com/moe-dl.edu.my/vfccups2026
Registration for participating:
https://docs.google.com/forms/d/e/1FAIpQLSctuIZfJewgRf5SBpKTaup37q4KH2SRZbSJnU_qYXsGU3gwsg/viewform
SOURCE: Vital Factor Consulting
FOR MORE INFORMATION, PLEASE CONTACT:
Name: Ms Soh Lay Hui
Principal, Malacca ACS
Email: : sohlayhui@yahoo.com; or
Name: Captain Chong Yong Ku
Organiser
Email: yongkuchong@yahoo.com
--BERNAMA
Bitget Kicks Off Second Year Supporting UNICEF's Game Changers Coalition, Backing Expansion into Financial Literacy and AI
Support builds on UNICEF Game Changers Coalition's reach of over 642,000 young people, parents, and teachers across eight emerging economies
VICTORIA, Seychelles, May 22 (Bernama-GLOBE NEWSWIRE) -- Bitget, the world’s largest Universal Exchange (UEX), announced today the start of its second-year partnership in support of the UNICEF Game Changers Coalition (GCC). The coalition, which has reached over 642,000 young people, parents, and teachers across eight countries since launch, is entering a new phase of growth — introducing financial literacy and AI modules into its curriculum, with blockchain content planned for 2026.
GCC is a global initiative led by UNICEF’s Office of Innovation, bringing together public and private sector partners to broaden access to technology education for young people in emerging economies, with a particular focus on girls, who make up 52% of participants to date. Operating across Armenia, Brazil, Cambodia, India, Kazakhstan, Malaysia, Morocco, and South Africa, the coalition supports young people to build practical digital skills through an innovative curriculum, community-based learning programmes, and in-person and online game hackathons.
Bitget joined the coalition in June 2025 through its partnership with UNICEF Luxembourg, contributing to the coalition’s broader mission of improving digital literacy and technology access for underserved communities. In its second year, Bitget will contribute to GCC’s curriculum growth and geographic expansion.
In the first year of the partnership, Bitget supported UNICEF through several activations aimed at expanding awareness and participation in technology education. One of the key milestones included a visit to Cambodia, where Bitget CMO, Ignacio Aguirre, met students, educators, and local partners involved in digital skills training programs. The visit highlighted how access to foundational digital education can create new pathways for employment, entrepreneurship, and participation in the digital economy, particularly for young women and students in underserved regions.
The partnership also supported broader youth engagement initiatives through events and interactive learning experiences. In late 2025, Bitget CEO Gracy Chen supported GCC's inaugural global UNICEF Game Jam, a 40-day initiative through which young creators in emerging economies built original video games with mentorship sessions and a self-paced online course.
“Technology is becoming part of everyday life faster than education systems can adapt,” said Gracy Chen, CEO at Bitget. “What stood out during our work with UNICEF this year was how quickly young people engage once they are given access and opportunity. Our eventual goal is not only to introduce blockchain or digital tools, but to help build confidence and long-term digital and financial literacy that can create opportunities far beyond crypto.”
The update comes as demand for digital skills continues to rise globally, particularly in markets where younger populations are increasingly mobile-first but remain underserved by traditional technology education pathways. Bitget has continued to expand its education-focused initiatives alongside institutional and ecosystem growth, positioning digital literacy as a key pillar of long-term industry development.
“Too many young people are still locked out from the skills driving the digital transformation shaping today’s economy,” said Thomas Davin, Global Director at UNICEF Office of Innovation. “GCC is a clear response to this need. The initiative brings industry, governments, and communities together so the next generation has the skills, confidence, and opportunity to lead in a technology-driven economy. Alongside Bitget we expand to reach even more young people with the skills they need.”
In its second year, the partnership will support GCC's expansion into three additional countries and the rollout of new financial literacy and AI modules within the coalition's curriculum. Bitget will continue to engage through field visits, executive participation, and support for coalition-led learning experiences.
About Bitget
Founded in 2018, Bitget is the world’s largest Universal Exchange (UEX), serving over 120 million users with access to crypto, tokenized assets, and AI-powered trading tools across major blockchains. Its ecosystem includes Bitget Wallet, an everyday finance app used by over 80 million people. Bitget advances global crypto adoption through partnerships with LALIGA, MotoGP™, and UNICEF.
About UNICEF
UNICEF works in over 190 countries and territories to reach the most disadvantaged children and build a better world for every child.
UNICEF Luxembourg supports this global mission by mobilizing private sector partnerships and voluntary contributions. It also advocates nationally to uphold children’s rights—focusing on reducing inequalities, promoting gender equality, tackling child poverty, supporting mental well-being, and improving access to justice for every child.
For media inquiries, please contact: media@bitget.com
A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/8f1e55c4-fec7-4aa5-84ef-b5fb5a7a4c2c
SOURCE: Bitget Limited
DISCLAIMER: BERNAMA MREM are not accountable for any causes of website defacement, misuse, or illegal activities connected to cryptocurrency, blockchain, tokenisation, or bitcoin. This material should not be considered as guidance or an opinion, as it does not constitute financial or investment advice. Use this information at your own risk; we are not liable for any losses or damages caused by the republication of this article.
VICTORIA, Seychelles, May 22 (Bernama-GLOBE NEWSWIRE) -- Bitget, the world’s largest Universal Exchange (UEX), announced today the start of its second-year partnership in support of the UNICEF Game Changers Coalition (GCC). The coalition, which has reached over 642,000 young people, parents, and teachers across eight countries since launch, is entering a new phase of growth — introducing financial literacy and AI modules into its curriculum, with blockchain content planned for 2026.
GCC is a global initiative led by UNICEF’s Office of Innovation, bringing together public and private sector partners to broaden access to technology education for young people in emerging economies, with a particular focus on girls, who make up 52% of participants to date. Operating across Armenia, Brazil, Cambodia, India, Kazakhstan, Malaysia, Morocco, and South Africa, the coalition supports young people to build practical digital skills through an innovative curriculum, community-based learning programmes, and in-person and online game hackathons.
Bitget joined the coalition in June 2025 through its partnership with UNICEF Luxembourg, contributing to the coalition’s broader mission of improving digital literacy and technology access for underserved communities. In its second year, Bitget will contribute to GCC’s curriculum growth and geographic expansion.
In the first year of the partnership, Bitget supported UNICEF through several activations aimed at expanding awareness and participation in technology education. One of the key milestones included a visit to Cambodia, where Bitget CMO, Ignacio Aguirre, met students, educators, and local partners involved in digital skills training programs. The visit highlighted how access to foundational digital education can create new pathways for employment, entrepreneurship, and participation in the digital economy, particularly for young women and students in underserved regions.
The partnership also supported broader youth engagement initiatives through events and interactive learning experiences. In late 2025, Bitget CEO Gracy Chen supported GCC's inaugural global UNICEF Game Jam, a 40-day initiative through which young creators in emerging economies built original video games with mentorship sessions and a self-paced online course.
“Technology is becoming part of everyday life faster than education systems can adapt,” said Gracy Chen, CEO at Bitget. “What stood out during our work with UNICEF this year was how quickly young people engage once they are given access and opportunity. Our eventual goal is not only to introduce blockchain or digital tools, but to help build confidence and long-term digital and financial literacy that can create opportunities far beyond crypto.”
The update comes as demand for digital skills continues to rise globally, particularly in markets where younger populations are increasingly mobile-first but remain underserved by traditional technology education pathways. Bitget has continued to expand its education-focused initiatives alongside institutional and ecosystem growth, positioning digital literacy as a key pillar of long-term industry development.
“Too many young people are still locked out from the skills driving the digital transformation shaping today’s economy,” said Thomas Davin, Global Director at UNICEF Office of Innovation. “GCC is a clear response to this need. The initiative brings industry, governments, and communities together so the next generation has the skills, confidence, and opportunity to lead in a technology-driven economy. Alongside Bitget we expand to reach even more young people with the skills they need.”
In its second year, the partnership will support GCC's expansion into three additional countries and the rollout of new financial literacy and AI modules within the coalition's curriculum. Bitget will continue to engage through field visits, executive participation, and support for coalition-led learning experiences.
About Bitget
Founded in 2018, Bitget is the world’s largest Universal Exchange (UEX), serving over 120 million users with access to crypto, tokenized assets, and AI-powered trading tools across major blockchains. Its ecosystem includes Bitget Wallet, an everyday finance app used by over 80 million people. Bitget advances global crypto adoption through partnerships with LALIGA, MotoGP™, and UNICEF.
About UNICEF
UNICEF works in over 190 countries and territories to reach the most disadvantaged children and build a better world for every child.
UNICEF Luxembourg supports this global mission by mobilizing private sector partnerships and voluntary contributions. It also advocates nationally to uphold children’s rights—focusing on reducing inequalities, promoting gender equality, tackling child poverty, supporting mental well-being, and improving access to justice for every child.
For media inquiries, please contact: media@bitget.com
A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/8f1e55c4-fec7-4aa5-84ef-b5fb5a7a4c2c
SOURCE: Bitget Limited
DISCLAIMER: BERNAMA MREM are not accountable for any causes of website defacement, misuse, or illegal activities connected to cryptocurrency, blockchain, tokenisation, or bitcoin. This material should not be considered as guidance or an opinion, as it does not constitute financial or investment advice. Use this information at your own risk; we are not liable for any losses or damages caused by the republication of this article.
Thursday, 21 May 2026
I SQUARED CAPITAL LAUNCHES INDIA POWER TRANSMISSION PLATFORM
KUALA LUMPUR, May 21 (Bernama) -- I Squared Capital (I Squared), a global infrastructure investment manager, has launched Cube Grid, a power transmission platform targeting India's expanding electricity grid.
In a statement, I Squared said it expects to deploy up to US$1 billion in equity capital into Cube Grid to acquire and build a portfolio of transmission assets across India. (US$1=RM3.96)
Cube Grid has signed definitive agreements for seed assets comprising more than 1,450 circuit kilometres (ckm) of transmission lines in partnership with Dineshchandra Group (Dineshchandra R. Agrawal Infracon Private Limited or DRAIPL), an infrastructure developer with operations across India and overseas markets.
I Squared Capital Senior Partner Harsh Agrawal said the expansion of renewable energy capacity and strong policy support are expected to drive long-term growth in India’s transmission sector.
“DRAIPL has a proven track record from our work together on Cube Highways, another I Squared portfolio company in India. Extending this relationship to the transmission sector gives Cube Grid a strong execution partner,” he said.
The partnership with DRAIPL combines I Squared's global investment expertise and platform-building experience with DRAIPL's local execution capabilities and regional market knowledge.
The Government of India has outlined plans to modernise and expand the national grid, requiring an estimated US$120 billion in capital expenditure over the next five to seven years to integrate new generation capacity and meet rising electricity demand.
Over the past decade, I Squared has committed more than US$4 billion to Indian infrastructure through six portfolio companies providing essential services across the country.
The transaction is expected to close in the third quarter of 2026, subject to regulatory approvals and customary closing conditions.
-- BERNAMA
Bitget Launches “Gold Fast or Go Home Challenge” for Gold CFD Trading
VICTORIA, Seychelles, May 21 (Bernama-GLOBE NEWSWIRE) -- Bitget, the world’s largest Universal Exchange (UEX), has launched the “Gold Fast or Go Home Challenge,” a global campaign built around faster access to gold CFD trading on the Bitget app. The campaign follows Bitget’s recent product update that moved TradFi products, including gold, forex, commodities, and indices, to a first-level homepage tab, reducing the number of steps required to access these markets directly from the homepage.
The challenge invites users to record themselves by opening the Bitget app, entering the TradFi section, and completing an XAUUSD gold CFD trade as quickly as possible. Participants will publish their attempts across social platforms as part of a global speed-based trading challenge designed around accessibility, execution flow, and real-time market participation. The campaign combines trading culture with short-form social content, turning product speed into a visible user experience.The campaign reflects Bitget’s broader direction of bringing traditional financial assets closer to crypto-native trading environments through a unified interface. Users can move between crypto assets, tokenized products, forex pairs, commodities, and gold CFD markets from a single account structure without switching across multiple platforms, wallets, or trading systems.
“Users increasingly move between crypto and traditional financial markets within the same trading cycle, especially during periods shaped by macro volatility,” said Gracy Chen, CEO at Bitget. “We have designed the platform to make these markets more directly accessible inside the app. The challenge turns that trading flow into a public and community-driven experience that shows how multi-asset trading behavior is evolving.”
Gold trading activity has continued gaining traction globally as investors monitor interest rate expectations, central bank accumulation trends, inflation risks, and geopolitical uncertainty. Across digital asset platforms, gold CFDs have become one of the most actively monitored TradFi products during periods of elevated volatility, particularly as users look for faster access to macro-sensitive assets without leaving crypto-native trading environments.
The homepage TradFi integration forms part of Bitget’s wider Universal Exchange strategy focused on reducing fragmentation between digital assets and traditional financial markets. As more users diversify across asset classes, trading platforms are increasingly expected to support crypto, commodities, equities, FX, and tokenized assets within a single interface and collateral system. Bitget’s TradFi expansion reflects growing market demand for unified multi-asset access and faster capital movement between trading categories.
The launch also follows Bitget’s continued expansion of its TradFi offering across global markets. The platform currently provides access to crypto markets alongside tokenized stocks, ETFs, commodities, forex pairs, and precious metals such as gold within one trading ecosystem. In 2026, Bitget repositioned its TradFi section to the app homepage as part of a broader effort to simplify market access and improve execution efficiency across multi-asset trading activity.
For more information, visit here.
About Bitget
Bitget is the world’s largest Universal Exchange (UEX), serving over 125 million users and offering access to over 2M crypto tokens, 100+ tokenized stocks, ETFs, commodities, FX, and precious metals such as gold. The ecosystem is committed to helping users trade smarter with its AI agent, which co-pilots trade execution. Bitget is driving crypto adoption through strategic partnerships with LALIGA and MotoGP™. Aligned with its global impact strategy, Bitget has joined hands with UNICEF to support blockchain education for 1.1 million people by 2027. Bitget currently leads in the tokenized TradFi market, providing the industry’s lowest fees and highest liquidity across 150 regions worldwide.
For more information, visit: Website | Twitter | Telegram | LinkedIn | Discord
For media inquiries, please contact: media@bitget.com
Risk Warning: Digital asset prices are subject to fluctuation and may experience significant volatility. Investors are advised to only allocate funds they can afford to lose. The value of any investment may be impacted, and there is a possibility that financial objectives may not be met, nor the principal investment recovered. Independent financial advice should always be sought, and personal financial experience and standing carefully considered. Past performance is not a reliable indicator of future results. Bitget accepts no liability for any potential losses incurred. Nothing contained herein should be construed as financial advice. For further information, please refer to our Terms of Use.
A photo accompanying this announcement is available at:
https://www.globenewswire.com/NewsRoom/AttachmentNg/3484ccd0-5df8-4c93-91cb-c0bdf7495349
SOURCE: Bitget Limited
DISCLAIMER: BERNAMA MREM are not accountable for any causes of website defacement, misuse, or illegal activities connected to cryptocurrency, blockchain, tokenisation, or bitcoin. This material should not be considered as guidance or an opinion, as it does not constitute financial or investment advice. Use this information at your own risk; we are not liable for any losses or damages caused by the republication of this article.
--BERNAMA
Wednesday, 20 May 2026
The Growth Story is Coming Together. Engineering Was Never the Destination.
KUALA LUMPUR, May 20 (Bernama) -- Malaysia’s energy transition is underway, but the harder question has never been whether to transition. It is how to fund it without weakening the economics that make it viable.
As the country works towards its 2050 net-zero target, the energy sector must deploy substantial upfront capital while preserving return thresholds required by investors, lenders and project owners. At the same time, decarbonisation, energy security and infrastructure modernisation remain national priorities.For Kinergy Advancement Berhad (“Kinergy”), the issue is not cost versus sustainability. The real test is whether both can be integrated in a way that is technically executable and commercially defensible.
This is where engineering discipline matters.
While shaped by financing structures and offtake agreements, capital discipline is equally embedded in technology choices. Run-of-river mini hydropower, where site conditions permit, can reduce capital intensity by avoiding large-scale civil works while delivering reliable renewable generation. Waste Heat Recovery (“WHR”) using Organic Rankine Cycle (“ORC”) technology, as deployed at Safran Landing Systems Malaysia, takes a different route — unlocking value from energy already available in industrial processes.
For clients, this improves cost efficiency and operational performance. For Kinergy, it creates recurring income through long-term contractual arrangements.
Malaysia’s energy transition also faces a trilemma: grid reliability, cost efficiency and decarbonisation. Solar capacity remains important, but it cannot solve every part of the equation on its own. Kinergy has built a diversified platform across mini hydro, biogas, waste heat recovery and solar, while strengthening its role in gas-fired transition assets.
Dato’ Lai Keng Onn, Kinergy’s founder, Executive Deputy Chairman and Group Managing Director, said:
“The energy transition is not about sacrificing cost efficiency for sustainability, or the other way around. It is about engineering solutions that deliver both.”
That approach is increasingly visible in Kinergy’s numbers. Its Sustainable Energy Solutions (“SES”) segment grew from MYR107.8 million, or 49% of Group revenue in FY2024, to MYR328.2 million, or 69% of Group revenue in FY2025. The increase of more than MYR200 million shows that the shift is now being reflected commercially.
Kinergy’s credibility is also supported by its relationship with PETRONAS-related entities, including three awarded projects and two gas-fired power plants that serve as transition-enabling infrastructure. These projects bridge Malaysia’s current energy mix and long-term decarbonisation ambitions.
For industrial businesses, energy strategy is no longer a utility decision. It shapes cost structures, competitiveness and compliance outcomes. Companies need solutions that reduce emissions without compromising reliability or financial discipline.
Kinergy’s evolution from an engineering-led business into a diversified energy platform is therefore not a reinvention. It is the natural extension of its engineering foundation.
“Our entry into the Independent Power Producer space and our technical alliance with B.Grimm mark the next deliberate step in that journey. They are the natural progression of a strategy that was never only about engineering.”
Malaysia’s transition will require companies that can balance capital intensity, technical execution and long-term returns. For Kinergy, engineering was never the destination. It was the beginning.
SOURCE : Aegis Communication
FOR MORE INFORMATION, PLEASE CONTACT:
Name: Jason Fong
Tel: +6012-8631134
Email: jason@aegiscomm.com.my
--BERNAMA
MFPC Successfully Hosted 13th International Shariah Wealth Management & Financial Planning Conference 2026
KUALA LUMPUR, May 19 (Bernama) -- The Malaysian Financial Planning Council (MFPC) successfully hosted the 13th International Shariah Wealth Management & Financial Planning Conference (ISWMFPC) 2026 on 16 May 2026 at Berjaya Times Square Hotel, Kuala Lumpur, bringing together more than 400 participants through a hybrid format comprising physical and virtual attendees from Malaysia and abroad.Held under the theme “AI Powered Financial Planning & Shariah Compliance”, the conference served as a strategic platform for industry leaders, regulators, practitioners, academics and technology players to discuss the evolving landscape of Shariah compliant financial planning and the growing role of artificial intelligence within the financial services industry.
The conference featured one keynote address, two roundtable discussions and three speaking sessions involving speakers, moderators and panellists from Kenanga Investors Berhad, Eq8 Capital, Goldfarmer, National AI Office (NAIO), P10 Holding, Premier Group, Raja, Darryl & Loh, reAINmaker, Securities Commission Malaysia (SC) and Wahed. The event also featured exhibition booths by supporting organisations throughout the conference.
Participants also witnessed the presentation and official launch of the Report of National Findings 2026, a CMDF funded research initiative focusing on Malaysians’ financial capability and utilisation of financial advisory services.
In addition, MFPC officially launched its new Micro Credential Modules aimed at supporting lifelong learning, professional development and industry readiness in an increasingly dynamic financial environment.
MFPC extended its sincere appreciation to Kenanga Investors Berhad as the Main Partner of the conference and MFPC Diamond Sponsor for 2026, as well as to all supporting organisations and promoting partners, namely the Malaysian Takaful Association and STEP Malaysia, for their valuable support and contribution towards making the conference a success.
Moving forward, MFPC welcomes collaboration opportunities with organisations within and beyond the financial ecosystem to further advance the wealth management and financial planning industry, while promoting greater financial literacy and financial wellbeing nationwide and beyond.
MFPC’s professional qualifications, namely the Registered Financial Planner (RFP) and Shariah RFP programmes, are HRD Corp claimable and may also be financed via EPF Account 2 withdrawals. MFPC also offers public programmes and customised in house corporate training solutions tailored to evolving industry needs.
About MFPC:-
Established in 2004, the Malaysian Financial Planning Council (MFPC) is the professional body for financial planning in Malaysia. It offers the recognised Registered Financial Planner (RFP) and Shariah RFP qualifications, both approved by Bank Negara Malaysia (BNM) and the Securities Commission Malaysia (SC) as prerequisite pathways for obtaining the Financial Adviser Representative (FAR) / Islamic FAR Licence and the Capital Market Services Representative Licence (CMSRL), respectively. MFPC upholds high standards of professionalism and ethics. Through nationwide initiatives like My Money & Me Workshops, the Council promotes financial literacy and empowers Malaysians to make informed decisions, while advancing excellence and innovation in the financial planning profession.
SOURCE: Malaysian Financial Planning Council (MFPC)
FOR MORE INFORMATION, PLEASE CONTACT:
Name: Mohd Farhan Bin Azizan
External Relations, Research and Publication
Tel:+6019 277 3521
Email: farhan@mfpc.org.my
Website: www.mfpc.org.my
-- BERNAMA
Subscribe to:
Posts (Atom)