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BNM: Malaysia’s Official Reserves Assets At US$119.59 Bln As Of End-May 2025

KUALA LUMPUR, June 30 (Bernama) -- Malaysia’s official reserve assets amounted to US$119.59 billion (US$1= RM4.21) as of end-May 2025, while other foreign currency assets stood at US$955.2 million, according to Bank Negara Malaysia (BNM).

Escalating Tension In Middle East Raises Cost Concerns Among Travellers, Insurers

By Karina Imran

KUALA LUMPUR, June 27 (Bernama) — Air travellers and insurance companies are deeply concerned over possible rise in costs brought on by the escalating geopolitical tension in the Middle East which has led to abrupt closure of major airports in the region, which serve as among the busiest aviation hubs.

Lessons On Insurance To Be Learnt From USJ Putra Heights Gas Pipeline Explosion

KUALA LUMPUR, June 25 (Bernama) -- It’s been about three months since the devastating gas pipeline explosion and fire at USJ Putra Heights. Fortunately, there were no fatalities. It shocked Malaysians. Questions are still being asked as to the compensation for damages to houses, properties, possessions and injuries sustained.

Kota MADANI Project To Begin In 3Q, Costing RM4 Bln

PUTRAJAYA, June 24 (Bernama) -- The phased development of Kota MADANI in Precinct 19, Putrajaya — a government quarters project — is set to begin in the third quarter (3Q) of this year, with an estimated total cost of RM4 billion.

Tehran: A Melting Pot Of History And Culture That Should Be Cherished, Not Shelled

By Zarul Effendi Razali

KUALA LUMPUR, June 22 (Bernama) -- It is indeed a sad state of affairs to note that the calm and peaceful Tehran I saw during a visit to Iran just last April has shockingly been shattered and turned into a war zone overnight. 

MADANI Economic Reform Agenda Yielding Results

PUTRAJAYA, June 20 (Bernama) – The MADANI economic reform agenda has yielded results, said Prime Minister Datuk Seri Anwar Ibrahim.

Malaysia Firm Against Unilateral Tariffs, Reaffirms Support For Multilateral Trade - PM Anwar

ISKANDAR PUTERI, June 19 (Bernama) -- Malaysia remains firmly opposed to unilateral tariffs and continues to uphold a multilateral, rules-based international trading system, Prime Minister Datuk Seri Anwar Ibrahim said today.

Strong Infrastructure, Public-private Partnerships Key To Future Of AI And Digital Technologies

ISKANDAR PUTERI, June 18, (Bernama) – The future of artificial intelligence (AI), quantum computing and next-generation digital technologies depends heavily on robust infrastructure backed by collaborative partnerships between industry and government, said  Microsoft's regional legal director for the Asia-Pacific Jeth Lee.

Iran-Israel Conflict Poses Limited Economic Risk To Malaysia - CIMB Securities

KUALA LUMPUR, June 18 (Bernama) -- The Iran-Israel conflict poses limited direct economic risk to Malaysia, given the country’s minimal trade exposure to the region and historical evidence that oil price surges linked to conflicts tend to be short-lived, according to CIMB Securities Sdn Bhd.

RON95 Subsidy Cut To Come First, Carbon Tax Expected In 2026 – Amir Hamzah

KUALA LUMPUR, June 17 (Bernama) -- The government will prioritise the rationalisation of RON95 petrol subsidy this year before introducing a carbon tax in 2026, said Finance Minister II Datuk Seri Amir Hamzah Azizan.

FGV Holdings' Share Price Eases Amid News Of Felda's Privatisation Plan

By Rosemarie Khoo Mohd Sani

KUALA LUMPUR, June 17 (Bernama) -- FGV Holdings Bhd’s share price was lower in the early trade amid recent news about its privatisation plans by the Federal Land Development Authority (Felda). 

Felda Dispatches Offer Documents For FGV Privatisation Plan, Closing July 7

KUALA LUMPUR, June 16 (Bernama) -- The Federal Land Development Authority (Felda) today said it has dispatched the offer documents for its plan to privatise FGV Holdings Bhd, with the offer closing at 5 pm on Monday, July 7, 2025, unless extended.