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Data Centre Projects To Sustain Construction Sector Growth -- MBSB IB

KUALA LUMPUR, June 10 (Bernama) -- Data centre projects are expected to remain a key growth driver for Malaysia’s construction sector, supported by hyperscaler expansion, growing investments in digital infrastructure and rising power requirements, according to MBSB Bank Investment Bhd (MBSB IB).

West Asia Crisis Pushed Malaysia’s Fuel Subsidy Bill To RM7.5 Bln In April

KUALA LUMPUR, June 9 (Bernama) – Malaysia’s monthly fuel subsidy bill climbed to as high as RM7.5 billion at one point in April, as tensions in West Asia pushed up global oil prices and heightened concerns over energy supplies, Finance Minister II Datuk Seri Amir Hamzah Azizan said.

Space42 Completes Deployment Of Foresight EO Constellation Satellites

KUALA LUMPUR, June 9 (Bernama) -- Space42, the United Arab Emirates (UAE)-based artificial intelligence (AI)-powered SpaceTech company, has strengthened its Earth observation capabilities following the full operational deployment of the Foresight-3, Foresight-4, and Foresight-5 satellites.

Malaysia Maintains Oil Production Quota For 2026 - Akmal Nasrullah

KUALA LUMPUR, June 9 (Bernama) -- Malaysia will maintain its petroleum production quota under the Organisation of the Petroleum Exporting Countries and its allies (OPEC+) for 2026, as previously agreed, Economy Minister Datuk Seri Akmal Nasrullah Ahmad Nasir said.

Ringgit Opens Higher Against US Dollar, Most Major Currencies

KUALA LUMPUR, June 9 (Bernama) -- The ringgit opened higher against the US dollar and most major currencies today, tracking a slight pullback in the US Dollar Index (DXY) amid easing tensions in West Asia.

8,500 Healthcare SMEs To Benefit From Credibill, Pharmaniaga Collaboration

KUALA LUMPUR, June 8 (Bernama) -- More than 8,500 small and medium enterprises (SMEs) in the healthcare sector across Pharmaniaga Bhd's network will benefit from its strategic partnership with CrediBill Sdn Bhd, which offers payment flexibility for the purchase of pharmaceutical and healthcare products.

Ringgit Ends Lower Against US Dollar

By Nurunnasihah Ahmad Rashid

KUALA LUMPUR, June 8 (Bernama) -- The ringgit ended lower against the US dollar today as stronger-than-expected United States (US) labour market data reinforced expectations that the US Federal Reserve would maintain its restrictive monetary policy stance, boosting demand for the greenback, an economist said.

Cloudera Adopts Apache Polaris To Strengthen Open Data Strategy

KUALA LUMPUR, June 8 (Bernama) -- Cloudera, a hybrid data and artificial intelligence (AI) platform company, has adopted Apache Polaris as part of its open data lakehouse architecture powered by Apache Iceberg.

Cloudflare Acquires VoidZero To Advance Vite Ecosystem Integration

KUALA LUMPUR, June 8 (Bernama) -- Cloudflare Inc, a connectivity cloud company, has announced the acquisition of VoidZero, the open source-first company behind the next-generation JavaScript tooling ecosystem Vite.

Supply Crisis To Push Costs Beyond Oil Prices, Whole-of-nation Response Needed -- Hassan Marican

KUALA LUMPUR, June 8 (Bernama) -- The ongoing global supply and energy crisis should not be viewed solely as an oil price issue, but as a broader physical disruption that could gradually affect households through rising costs of living, according to Tan Sri Mohd Hassan Marican.

West Asia Disruptions, High Fuel Prices To Halve Airline Industry Profitability In 2026 - IATA

KUALA LUMPUR, June 7 (Bernama) -- Airlines’ total net profit in 2026 is expected to be US$23 billion (US$1 = RM4.02), about half the previous projection of US$41 billion, as a result of war-related disruptions in West Asia and high fuel prices, the International Air Transport Association (IATA) said.

Move Over Matcha: Malaysian Entrepreneur Bets On Pandan Making It Big In India

KUALA LUMPUR, June 7 (Bernama) -- While Japan’s matcha flavoured tea has become hugely popular in cafés and bakeries across India, Malaysian entrepreneur Shivaani Suppiah is betting that another green food ingredient - pandan - might make it big in the South Asian nation.