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Crude Oil May Climb To US$85 Per Barrel On Geopolitical Risks, Says Analysts

KUALA LUMPUR, June 23 (Bernama) -- Crude oil prices are expected to rise towards US$85 per barrel in the near term, driven by supply-side risks stemming from recent geopolitical developments, according to CIMB Securities Sdn Bhd.

Policy Consistency, Political Stability Key To World Competitiveness Ranking – Economist

By Abdul Hamid A Rahman

KUALA LUMPUR, June 17 (Bernama) -- Malaysia’s World Competitiveness Ranking (WCR) hinges on political stability and consistent policy formulation and implementation, particularly as difficult or unpopular decisions are sometimes necessary to optimise resource allocation and strengthen the country’s economic structure.

AirAsia Offers 50 Pct Discount For Media To Travel, Promote Integration Within ASEAN

KUALA LUMPUR, June 14 (Bernama) -- AirAsia, a strong proponent of ASEAN integration, is offering a 50 per cent discount to 12,000 accredited media personnel to travel to 57 destinations across the bloc’s 10 member states.

CPO Futures End Mostly Higher On Stronger Crude Oil, Soybean Oil Prices

By Zufazlin Baharuddin & K Naveen Prabu

KUALA LUMPUR, June 13 (Bernama) -- The crude palm oil (CPO) futures contract ended mostly higher today, supported by stronger crude oil prices amid escalating tensions in the Middle East.

World Bank Expects Global Growth Outlook At 2.3 Pct In 2025, Slowest Since 2008

KUALA LUMPUR, June 11 (Bernama) -- Global growth is expected to weaken to 2.3 per cent in 2025, with deceleration in most economies relative to last year.

Telco Sector Tracks Estimates In 1Q, Kenanga Maintains 'Neutral' View

KUALA LUMPUR, June 9 (Bernama) -- Kenanga Investment Bank Bhd has maintained its “neutral” rating on the telecommunication (telco) sector after companies under its coverage delivered the first quarter of 2025 (1Q 2025) performance that largely tracked estimates.

Petronas Layoffs Driven By Global Challenges, Not Petros Issue - Fadillah 

KUCHING, June 7 (Bernama) -- Petroliam Nasional Bhd’s (Petronas) move to trim its workforce stems from global challenges and is not connected to the national oil firm's issues with Petroleum Sarawak Bhd (Petros).

Ringgit Ends Higher On Weaker US Dollar, Cautious Inflation Outlook

By Anas Abu Hassan

KUALA LUMPUR, June 5 (Bernama) -- The ringgit closed higher against the US dollar on Thursday, supported by a weaker greenback following downbeat United States economic data, as investors shifted into risk-on mode.

Malaysia Secures RM4.68 Bln Potential Investments From Japan At Expo 2025 Osaka

KUALA LUMPUR, June 3 (Bernama) -- The Malaysian Investment Development Authority (MIDA) has secured RM4.68 billion worth of potential investments from Japan at Expo 2025 Osaka, underscoring Malaysia’s growing appeal as a strategic hub for sustainable and innovation-driven business in Southeast Asia.

Mary Kay Honours Top Young STEM Minds At Regeneron ISEF 2025

KUALA LUMPUR, June 3 (Bernama) -- Mary Kay Inc returned for the second consecutive year as a Special Awards Organisation at the Regeneron International Science and Engineering Fair (Regeneron ISEF) 2025.

MIDF Amanah Anticipates RON95 Fuel Subsidy Rationalisation To Be Pushed To 4Q 2025

KUALA LUMPUR, May 29 (Bernama) -- MIDF Amanah Investment Bank Bhd anticipates the implementation of RON95 fuel subsidy rationalisation may be pushed to the fourth quarter of 2025 due to unresolved issues such as eligibility and the delivery mechanism.

Hong Leong Financial Group 3Q Net Profit Falls To RM714.12 Mln

KUALA LUMPUR, May 28 (Bernama) -- Hong Leong Financial Group Bhd’s (HLFG) net profit for the third quarter of its financial year ending June 30, 2025 (3Q FY2025) fell to RM714.12 million compared with RM818.07 million in the same period last year.