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Malaysia's New Phase Of Economy Based On High Tech, Semiconductors And AI -- PM Anwar

KUALA LUMPUR, June 20 (Bernama) -- Malaysia is entering a new phase of economy based on high technology, semiconductors, innovation and artificial intelligence (AI), said Prime Minister Datuk Seri Anwar Ibrahim.

Kemaman, Kuantan, Labuan Port Authorities To Propose TVET Programmes For Port Sector

By Jailani Hasan

LABUAN, June 20 (Bernama) -- The Kemaman Port Authority, Kuantan Port Authority and Labuan Port Authority (LPA) are looking to collaborate on a recommendation paper to the Deputy Prime Minister to expand Technical and Vocational Education and Training (TVET) programmes related to the maritime and port sectors.

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.

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.

Petronas Marks 30 Years In Turkmenistan, Signs New Agreements To Advance Strategic Growth 

From Sharifah Hunaini Syed Ismail

ASHGABAT, June 19 (Bernama) -- Petroliam Nasional Bhd (Petronas), through its wholly owned subsidiary Petronas Carigali (Turkmenistan) Sdn Bhd (PC(T)SB), commemorated 30 years of operations in Turkmenistan today, through the signing of a series of agreements that reinforce its long-standing partnership with the country.

Ringgit Closes Lower Against Greenback Amid Continued Expectation For Fed Rate Hike

By K. Naveen Prabu

KUALA LUMPUR, June 19 (Bernama) -- The ringgit closed lower against the US dollar on Friday as persistent expectations of a possible US Federal Reserve (Fed) interest rate hike later this year continued to drive the greenback.

Businesses Should Identify Pain Points Amid Rising Uncertainty - Economist

KUALA LUMPUR, June 19 (Bernama) -- Malaysian businesses should identify their operational pain points before making strategic decisions as the business landscape becomes increasingly uncertain, said AmBank Group chief economist Firdaos Rosli.

Malaysia, South Korea Strengthen Renewable Energy Partnership Through Terengganu Bio-CNG Project

KUALA LUMPUR, June 19 (Bernama) -- Malaysia and South Korea have further strengthened their strategic partnership in renewable energy following the exchange of a letter of intent (LOI) for the Terengganu State Palm Oil Mill Biogas Upgrading Project, an initiative that will convert waste from the palm oil industry into bio-compressed natural gas (Bio-CNG).

Mavenir Launches Unified Digital App For ENet

KUALA LUMPUR, June 19 (Bernama) -- Mavenir, the cloud-native network software provider, has launched a unified digital platform for Guyanese telecommunications operator ENet, bringing mobile, broadband, fixed-line and IPTV services into a single application (app).

CPO Prices Expected At RM4,400 To RM4,650 In July - MPOC

KUALA LUMPUR, June 19 (Bernama) -- Crude palm oil (CPO) prices are expected to trade between RM4,400 and RM4,650 per tonne in July, supported by the tightening supply outlook in Indonesia and rising El Nino risk, said the Malaysian Palm Oil Council (MPOC).

Ringgit Opens Higher Against US Dollar

KUALA LUMPUR, June 19 (Bernama) -- The ringgit opened higher against the US dollar today, recovering from yesterday's sharp decline amid cautious market sentiment following the US Federal Reserve's (Fed) latest policy decision.