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LPA Backs MPM’s Move To Position Labuan Port For International Cruise Handling

By Jailani Hasan

LABUAN, June 20 (Bernama) -- The Labuan Port Authority (LPA) is backing Labuan’s containerised port operator Megah Port Management Sdn Bhd (MPM) in its move to diversify its operations from core cargo handling activities to the handling of international cruise liners.

Labuan, Kemaman, Kuantan Port Authorities Eye Stronger Collaboration

By Jailani Hasan

LABUAN, June 20 (Bernama) -- The Labuan Port Authority (LPA), Kemaman Port Authority and Kuantan Port Authority are looking to strengthen future collaboration towards becoming more competitive, well-organised and efficient port regulatory bodies in Malaysia.

Penang Secures RM4.9 Bln In Approved Manufacturing Investments In 1Q 2026

BATU KAWAN, June 20 (Bernama) -- Penang secured RM4.9 billion in approved manufacturing investments in the first quarter of 2026 (1Q 2026), ranking second nationwide and reinforcing its position as one of Malaysia's leading industrial and investment destinations.

Petronas' Turkmenistan Gas Field Deal Reflects Confidence In Malaysia - Anwar

BATU KAWAN, June 20 (Bernama) -- Prime Minister Datuk Seri Anwar Ibrahim described Petroliam Nasional Bhd’s (Petronas) success in securing access to one of the world’s largest gas fields in Turkmenistan as clear evidence of international confidence in Malaysia’s capabilities, political stability and the professionalism of its local companies.

Turkmenistan Partnership Strengthens Malaysia's Global Energy Position

ASHGABAT (TURKMENISTAN), June 20 (Bernama) -- Since 1996, Petroliam Nasional Bhd (Petronas), through its wholly-owned subsidiary Petronas Carigali (Turkmenistan) Sdn Bhd (PC(T)SB), has established a presence in Turkmenistan, a Central Asian nation known for possessing some of the world’s largest oil and gas reserves.

Indonesia's New Palm Oil Export Framework Draws Close Watch From Malaysia, Global Markets

JAKARTA, June 20 (Bernama) -- Indonesia's plan to tighten oversight of strategic commodity exports through a new state-linked monitoring framework is being closely watched by industry players in Malaysia as well as buyers and traders in major markets, with analysts assessing its potential implications for the global palm oil trade.

CPO Futures To Trade Within RM4,200-RM4,300 Range Despite Easing West Asia Tensions

KUALA LUMPUR, June 20 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives are expected to trade within the RM4,200 to RM4,300 per tonne range despite easing tensions in West Asia, said a trader.

Gold Futures Expected To Remain Volatile Ahead Of Key US Inflation Data

KUALA LUMPUR, June 20 (Bernama) -- Gold futures on Bursa Malaysia Derivatives are expected to remain volatile next week as investors await the release of the core personal consumption expenditures (core PCE) price index for clues on the US Federal Reserve's (Fed) interest rate trajectory.

KLCI Futures Likely To Trend Within The 1,700-1,730 Range Next Week

KUALA LUMPUR, June 20 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) futures contract is likely to trend within the 1,700-1,730 range next week, with the potential to test the upper end of the range should external sentiment remain favourable.

Rubber Market Likely To Trade Sideways With Slight Downward Bias Next Week

KUALA LUMPUR, June 20 (Bernama) -- The Malaysian rubber market is expected to trade sideways with a slight downward bias next week as easing geopolitical tensions and mixed supply conditions shape sentiment, said industry expert Denis Low.

Bursa Malaysia Seen Trading Range-bound Next Week Amid Geopolitical Uncertainties

KUALA LUMPUR, June 20 (Bernama) -- Bursa Malaysia is expected to trade in a range-bound mode next week as investors continue to monitor developments in the US-Iran nuclear negotiations and assess the sustainability of the recently announced peace agreement.

Ringgit Expected To Stay Softer Vs US Dollar Next Week

KUALA LUMPUR, June 20 (Bernama) -- The ringgit is expected to trade on a softer note against the US dollar next week amid persistent expectations of a possible US Federal Reserve (Fed) rate hike later this year.