Presence, Investment Of Major Global Companies Ensure Stability Of Nation’s Energy Sector - Anwar

KUALA LUMPUR, June 18 (Bernama) -- The presence and investment of major global companies, such as the leading United States oil company ConocoPhillips, are crucial in ensuring the stability and sustainability of the nation’s energy sector, said Prime Minister Datuk Seri Anwar Ibrahim.

Rubber Market Ends Higher In Tandem With Regional Futures

By Fatin Umairah Abdul Hamid and K Naveen Prabu

KUALA LUMPUR, June 18 (Bernama) -- The Kuala Lumpur rubber market ended higher on Wednesday, in tandem with regional rubber futures markets and a weaker ringgit against the United States (US) dollar, a dealer said.

WEF Report: 65 Pct Of Countries Improve Energy Transition Performance

KUALA LUMPUR, June 18 (Bernama) -- The World Economic Forum (WEF) 2025 Energy Transition Index showed the fastest progress since pre-COVID-19, with 65 per cent of surveyed countries improving and 28 per cent advancing across all core dimensions of energy system performance -- security, sustainability and equity.

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.

Shell To Increase Investment In Malaysia By More Than RM9 Bln - PM Anwar

KUALA LUMPUR, June 17 (Bernama) -- Shell will increase its investment in Malaysia by more than RM9 billion over the next two to three years, which is expected to create high-skilled jobs, said Prime Minister Datuk Seri Anwar Ibrahim.

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.

Anwar Praises EPF's Efforts In Enhancing Retirement Adequacy

KUALA LUMPUR, June 17 (Bernama) -- Prime Minister Datuk Seri Anwar Ibrahim has commended the Employees Provident Fund's (EPF) efforts in exploring new approaches to enhance Malaysian retirement adequacy. 

Malaysia Must Be Adaptive In Policies To Become High-income Economy - PM Anwar

KUALA LUMPUR, June 17 (Bernama) -- Malaysia must be adaptive in its policies, have strong institutions, and maintain a clear vision of its chosen direction to achieve its goal of becoming a high-income economy, said Prime Minister Datuk Seri Anwar Ibrahim. 

Energy Transition Must Fit Malaysia’s Needs And Not Bow To Global Pressure

KUALA LUMPUR, June 16 (Bernama) -- Malaysia’s energy transition policies must be based on national realities and domestic capabilities rather than simply adhering to international pressure, said Malakoff Corporation Bhd chairman Tan Sri Che Khalib Mohamad Noh.

Ringgit Rises Against US Dollar Amid Heightened Uncertainties

By Nurunnasihah Ahmad Rashid

KUALA LUMPUR, June 16 (Bernama) -- The ringgit ended higher against the US dollar, supported by a weaker US Dollar Index (DXY) which fell by 0.21 per cent to 97.979 points amid heightened uncertainties, an economist said.

TNB Earmarks RM43 Bln To Upgrade National Grid With AI, Battery Storage Systems -- PM Anwar

KUALA LUMPUR, June 16 (Bernama) -- National utility company Tenaga Nasional Bhd has committed RM43 billion to upgrade the national grid infrastructure, said Prime Minister Datuk Seri Anwar Ibrahim.

Global Oil Prices Surge Amid Escalating Conflict Around Strait Of Hormuz -- Petronas

KUALA LUMPUR, June 16 (Bernama) -- Global oil prices are surging in anticipation of a supply shock due to the escalating conflict around the Strait of Hormuz, according to Petroliam Nasional Bhd (Petronas).