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.

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.

Rubber Market Extends Gains On Strong Regional Futures

KUALA LUMPUR, June 12 (Bernama) -- The Kuala Lumpur rubber market extended its upward momentum to close higher on Friday, lifted by gains in regional rubber futures markets amid concerns of weather-related supply tightness, a dealer said.

Bursa Malaysia Issues UMA Query To Paragon Union After Share Price Falls

KUALA LUMPUR, June 12 (Bernama) -- Bursa Malaysia Securities Bhd has issued an Unusual Market Activity (UMA) query to Paragon Union Bhd following a sharp fall in the company's share price today. 

Pyxis Group, Principia Consulting Partner CommodityAI To Modernise Commodity Operations

KUALA LUMPUR, June 12 (Bernama) -- Pyxis Group, a global advisory firm, together with its joint venture partner Principia Consulting, announced a strategic partnership with CommodityAI, the agentic artificial intelligence (AI) platform purpose-built for physical commodity operations.

NetBox Labs Launches Infrastructure Intelligence Platform

KUALA LUMPUR, June 12 (Bernama) -- NetBox Labs has launched its infrastructure intelligence platform, a unified system designed to help technology infrastructure teams model, monitor, automate and govern infrastructure operations using artificial intelligence (AI)-enabled tools.

Galatek Opens Penang Facility, Commits To US$100 Mln Investment Within 5 Years

BUTTERWORTH, June 12 (Bernama) -- Galatek Technologies (Galatek) has opened its manufacturing, assembly and delivery facility in Penang, further strengthening Malaysia’s position as a strategic hub for advanced manufacturing and semiconductor industry development.

GWM Malaysia Confident Of Sustaining Double-Digit Growth Momentum By End-2026

By Fatin Umairah Abdul Hamid

​​​​​KUALA LUMPUR, June 12 (Bernama) -- GWM Malaysia is targeting double-digit growth by the end of 2026, building on its strong performance last year, when sales surged 177 per cent to nearly 5,900 units from 2,128 units in 2024.

Kenanga IB Raises 2026 CPO Price Forecast By Four Pct To RM4,400 Per Tonne

KUALA LUMPUR, June 12 (Bernama) -- Kenanga Investment Bank Bhd (Kenanga IB) is raising its calendar year 2026 (CY2026) crude palm oil (CPO) price forecast by four per cent to RM4,400 per tonne from RM4,250 per tonne, citing the El Niño phenomenon.

Global Tech Giants Agibot And Huawei Enter Johor

KULAI, June 12 (Bernama) -- Johor has officially positioned itself as a premier regional force in high-tech investment, securing partnerships with global technology titans, including Huawei and Agibot, to anchor the landmark RM80 billion Johor Tech Smart City project.

AM Best Rates Excellent Credit Ratings For Hong Kong’s SAIC Captive

KUALA LUMPUR, June 12 (Bernama) -- Global credit rating agency, AM Best has assigned a financial strength rating of A- (Excellent) and a long-term issuer credit rating of “a-” (Excellent) to Hong Kong’s SAIC Motor Insurance Limited (SAIC Captive).

Brent Oil Prices Trend Below US$90 Per Barrel On Friday's Open

KUALA LUMPUR, June 12 (Bernama) -- Brent oil prices closed at US$90.4 per barrel (bbl) and trended below the US$90.0/bbl threshold on Friday’s open on renewed optimism over a potential Iran deal (US$1=RM4.05).