LATEST NEWS   PM Anwar, Turkmenistan President Serdar Berdimuhamedov witnessed the signing of a strategic cooperation agreement between Petronas and Turkmenistan authorities-- PMO | At 6 pm, the ringgit eased to 4.1340/1395 versus the US dollar from Thursday's close of 4.1145/1195 | The collaboration opens up space for more strategic engagements in future, including exploring the great potential of Turkmenistan's natural gas sector, which has among the world's largest gas reserves - PMO | Gabungan Kelab Media Malaysia (GKMM) state affiliates receive RM10,000, GKMM receive RM30,000 from Communications Ministry - Fahmi | The achievement comes as Malaysia and Turkmenistan mark 30 years of cooperation in the energy sector, which has been a key pillar of bilateral relations between the two countries -- PMO | 

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Selangor Plans To Expand SA500 To Assist Companies Affected By Supply Disruptions

SHAH ALAM, June 19 (Bernama) -- The Selangor state government plans to expand its Selangor Advance (SA500) programme to support the cash flow needs of companies involved in state infrastructure projects, including those undertaken at the district and local authority levels.

Malaysia’s Total Trade Rises 29.8 Pct To RM327.6 Bln In May 2026 -- DOSM

KUALA LUMPUR, June 19 (Bernama) -- Malaysia’s total trade in May 2026 rose by 29.8 per cent year-on-year to RM327.6 billion from RM252.5 billion a year ago, driven by stronger growth in both exports and imports, the Department of Statistics Malaysia (DOSM) said.

Moody’s Lifts Malaysia’s Outlook To A3 Stable On AI-Related Growth

KUALA LUMPUR, June 19 (Bernama) -- Moody’s Ratings has modestly raised its forecasts for Malaysia to A3 with a stable outlook, due to its exports of artificial intelligence (AI)-related goods.

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).

Malaysia's Competitiveness Ranking Surge Signals Stronger Economic Fundamentals - Economists

By Rosemarie Khoo

KUALA LUMPUR, June 19 (Bernama) -- Malaysia's improved standing in the International Institute for Management Development (IMD) 2026 World Competitiveness Ranking reflects the country’s strengthening economic fundamentals.

Bursa Malaysia Opens Lower On Profit-taking

KUALA LUMPUR, June 19 (Bernama) -- Bursa Malaysia opened lower on Friday as mild profit-taking in key index-linked counters weighed on early trade, despite overnight gains on Wall Street.

Russia Guarantees Long-term Petroleum, Oil And Gas Supplies To Malaysia -- PM Anwar

From Nurul Hanis Izmir

KAZAN, June 18 (Bernama) -- Russia has agreed to guarantee long-term supplies of petrol, oil and gas to Malaysia, said Prime Minister Datuk Seri Anwar Ibrahim.

CPO Futures Close Mostly Lower On Weaker Soybean Oil, Crude Oil Prices

By Fatin Umairah Abdul Hamid

KUALA LUMPUR, June 18 (Bernama) -- Crude palm oil (CPO) futures contracts on Bursa Malaysia Derivatives closed mostly lower on Thursday, pressured by weaker soybean oil and crude oil prices, a trader said.

Malaysia Rises To 15th In Global Competitiveness Ranking, Records Best Achievement -- Anwar

KAZAN, June 18 (Bernama) – Malaysia rising to the 15th spot in the 2026 World Competitiveness Rankings by the International Institute for Management Development (IMD) is proof that efforts to strengthen efficiency and improve execution continue to pay off, said Prime Minister Datuk Seri Anwar Ibrahim.

Winner Sky Tech Opens Batu Kawan Facility, Commits RM70 Mln Investment

BATU KAWAN, June 18 (Bernama) – Electronics manufacturing services (EMS) provider Winner Sky Technology Sdn Bhd has opened its new 60,000-square-foot manufacturing facility in Batu Kawan, marking a significant milestone in the company’s growth trajectory and reinforcing its long-term commitment to Malaysia as a base for high-value electronics manufacturing.

Gold Futures Close Lower As Hawkish Fed Lifts US Dollar

By K. Naveen Prabu

KUALA LUMPUR, June 18 (Bernama) -- Gold futures on Bursa Malaysia Derivatives closed lower on Thursday as a hawkish outlook by the United States Federal Reserve (Fed) boosted the US dollar and weighed on demand for the precious metal.

Malaysia, Turkmenistan To Exchange Several Key Documents During PM Anwar's Official Visit  

From Sharifah Hunaini Syed Ismail

ASHGABAT (TURKMENISTAN), June 18 (Bernama) -- Malaysia and Turkmenistan are expected to exchange several key documents especially in the field of oil and gas during the official visit by Prime Minister Datuk Seri Anwar Ibrahim to Turkmenistan starting today.