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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Classico Expands Pokemon-Themed Medical Apparel Collection Across Asia

KUALA LUMPUR, June 8 (Bernama) -- Classico Inc, a Japanese medical apparel brand, has launched the #ClassicoPokemonCollection across Asia, including Singapore, Malaysia, the Philippines, Hong Kong, Taiwan and Thailand.

Tianjin Shipping Expo Highlights Growing AI Opportunities

KUALA LUMPUR, June 8 (Bernama) -- The Fourth Tianjin International Shipping Industry Expo (TISIE), which concluded in north China's Tianjin Municipality, showcased growing artificial intelligence (AI) opportunities in the shipping industry.

West Asia Conflict Drives Near-Term APAC Coal Demand Spike -- Rystad Energy

KUALA LUMPUR, June 8 (Bernama) -- Asia-Pacific (APAC) thermal coal demand hit a significant near-term surge, with an additional 150 million tonnes (Mt) of cumulative consumption projected through 2030, with roughly half expected to land in 2026 amid the ongoing West Asia conflict, according to Rystad Energy.

South, Southeast Asia Credit Strength Set To Remain Stable Over Next 12-18 Months Despite Strong Greenback

KUALA LUMPUR, June 8 (Bernama) -- Overall credit strength across South and Southeast Asia will remain stable over the next 12-18 months, although US dollar strength would weigh on the credit quality for a subset of rated companies with structural currency mismatches, according to Moody’s Ratings.

Energy Disruptions Could Spill Over Into Food, Medical Supplies And Manufacturing, Warns Hassan Marican

KUALA LUMPUR, June 8 (Bernama) -- Disruptions to energy and petrochemical supplies could have far-reaching implications beyond fuel availability, potentially affecting items critical to everyday life, such as medical supplies, food packaging and agricultural fertilisers, according to Tan Sri Mohd Hassan Marican.

Ringgit Higher Against Most Major Currencies, Easier Vs US Dollar

KUALA LUMPUR, June 8 (Bernama) -- The ringgit traded mostly higher against major currencies but was easier against the US dollar in early trade today as the greenback strengthened following better-than-expected United States labour market data.

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.

Thailand Remains Key Market For Malaysian Franchise Expansion, Says Pernas

BANGKOK, June 6 (Bernama) -- Malaysia is stepping up efforts to expand its franchise footprint in Thailand, with Perbadanan Nasional Bhd (Pernas) targeting potential sales of RM30 million through its participation in the Thailand Franchise and Business Opportunities (TFBO) 2026 exhibition.

Rubber Market Seen Trading Sideways With A Slight Downward Bias Next Week

KUALA LUMPUR, June 6 (Bernama) -- The rubber market is expected to trade sideways with a slight downward bias next week amid ongoing global uncertainties, particularly developments in West Asia and weather conditions in some major rubber-producing regions.

Ringgit Expected To Trade Between RM4.02 And RM4.04 Against US Dollar Next Week

By Abdul Hamid A Rahman

KUALA LUMPUR, June 6 (Bernama) -- The ringgit is expected to trade between RM4.02 and RM4.04 against the US dollar next week as investors remain cautious amid prevailing geopolitical uncertainties.

Ringgit Weighed Down By Rising Fuel Prices, Geopolitical Risks

By Abdul Hamid A Rahman

KUALA LUMPUR, June 5 (Bernama) -- The ringgit ended lower against the US dollar on Friday amid cautious sentiment over lingering geopolitical uncertainty in West Asia and rising fuel prices.

Ringgit Weakens Against US Dollar, Gains Against Major Currencies

By Harizah Hanim Mohamed

KUALA LUMPUR, June 5 (Bernama) -- The ringgit traded easier against the US dollar on Friday morning but strengthened against other major currencies amid a cautious currency market, as authorities across Asia issued statements reaffirming their commitment to stabilise their respective currencies.