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Selangor's Northern Corridor Has Potential To Become State's Future Economic Hub

SHAH ALAM, June 13 (Bernama) -- The Selangor State Government's focus on developing the northern corridor, which includes Hulu Selangor and Kuala Selangor, has the potential to transform the area into a new economic hub for the state.

Higher BI-Rate, Fuel Price Hike Test Indonesia's Economic Balancing Act

By Nik Nurfaqih Nik Wil

JAKARTA, June 13 (Bernama) -- Indonesia's decision to raise the BI-Rate and increase non-subsidised fuel prices within days highlights the government's effort to support the rupiah and ease fiscal pressures, although the measures are expected to add pressure on households and businesses, analysts say.

Rubber Market Likely Volatile, Mild Downtrend Next Week - Analyst

By Nur Athirah Mohd Shaharuddin

KUALA LUMPUR, June 13 (Bernama) -- The Malaysian rubber market is anticipated to remain volatile next week, displaying a slight downward trend due to ongoing global uncertainties, said industry expert Denis Low.

KLCI Futures Likely To Remain Positive Next Week

By Harizah Hanim Mohamed

KUALA LUMPUR, June 13 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) futures contract is likely to maintain a constructive near-term outlook, supported by easing geopolitical concerns, improving global risk sentiment, and a relatively stable domestic macroeconomic environment.

Ringgit To Trade Cautiously Next Week Ahead Of FOMC Meeting

KUALA LUMPUR, June 13 (Bernama) -- The ringgit is expected to be traded cautiously next week, ahead of the June 16-17 Federal Open Market Committee meeting.

Gold Futures To Trade Cautiously Next Week

KUALA LUMPUR, June 13 (Bernama) -- Gold futures on Bursa Malaysia Derivatives are expected to trade cautiously next week as investors monitor developments in the West Asia conflict.

Malaysia's Distributive Trade Growth Set To Hit 6.1 Pct In 2026, Says Kenanga IB

KUALA LUMPUR, June 12 (Bernama) -- Malaysia’s distributive trade growth is expected to hit 6.1 per cent in 2026, compared with 5.6 per cent in 2025, following stronger-than-expected performance this year driven by wholesale stockpiling, higher petroleum-related prices and a recovery in motor vehicle sales.

Gold Futures Reverse Losses To End Higher

By Danni Haizal Bin Danial Donald

KUALA LUMPUR, June 12 (Bernama) -- Gold futures on Bursa Malaysia Derivatives pared yesterday’s losses to end higher on Friday, in line with firmer US COMEX performance, amid a weakening US dollar.

PM Anwar Calls For More Companies To Leverage 5G, Strengthen The Digital Economy

KUALA LUMPUR, June 12 (Bernama) -- More companies need to leverage 5G technology to boost productivity, innovation and competitiveness in an effort to strengthen the country’s digital economy, said Prime Minister Datuk Seri Anwar Ibrahim.

RHB IB Raises Malaysia's 2026 IPI Growth Forecast To 4.9 Pct

KUALA LUMPUR, June 12 (Bernama) -- RHB Investment Bank Bhd (RHB IB) has revised Malaysia’s 2026 Industrial Production Index (IPI) growth forecast upward to 4.9 per cent from 4.1 per cent.

Ringgit Extends Gains, Closes Higher Versus US Dollar

By Danni Haizal Danial Donald

KUALA LUMPUR, June 12 (Bernama) -- The ringgit extended its gains on Friday, closing higher against the US dollar as uncertainty surrounding the conflict in West Asia weighed on the greenback.

Selangor Strengthens Sustainability Agenda Through RM2 Bln WTE Investment

KUALA SELANGOR, June 12 (Bernama) --  The Selangor government, through its subsidiary Worldwide Holdings Bhd (Worldwide), has invested approximately RM2 billion to develop three waste-to-energy (WTE) plants as part of a long-term plan to improve sustainable solid waste management in the state.