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Ringgit Opens Higher Against Major Currencies, Eases Vs US Dollar

By Abdul Hamid A Rahman

KUALA LUMPUR, June 11 (Bernama) -- The ringgit opened higher against major currencies today but eased marginally against the US dollar after stronger-than-expected United States inflation reinforced expectations that the Federal Reserve (Fed) could keep interest rates higher for longer.

Takaful Industry Grows 4.73 Pct In 2025, Gross Contributions Reach RM16.38 Bln In 2025

KUALA LUMPUR, June 10 (Bernama) -- The Malaysian takaful industry demonstrated resilience in 2025, growing by 4.73 per cent in 2025, bringing total gross contributions to RM16.38 billion, according to the Malaysian Takaful Association.

Anwar: Visit To Japan Strengthens Investment, AI And Trade Ties

From Mohd Iswandi Kasan Anuar

TOKYO, June 10 (Bernama) -- The official visit of Prime Minister Datuk Seri Anwar Ibrahim to Japan focuses on efforts to strengthen bilateral economic relations, particularly in attracting investment and trade, as well as high-tech sectors that have a direct impact on the people's economy.

HRX Launches SME-Focused Solution To Simplify Payroll And Workforce Management

KUALA LUMPUR, June 10 (Bernama) -- HRX by IFCA MSC Bhd has launched a new small and medium enterprises (SME)-focused initiative to help Malaysian employers manage payroll accuracy, statutory obligations and workforce operations with greater compliance confidence, without the cost and complexity of heavy enterprise systems.

Bursa Malaysia Gains At The Close As Investors Rotate Into Defensive Stocks

By Harizah Hanim Mohamed

KUALA LUMPUR, June 10 (Bernama) -- Bursa Malaysia closed higher on Wednesday, outperforming some regional peers as renewed weakness in global technology stocks and escalating tensions in West Asia prompted investors to rotate into more defensive and domestically oriented markets.

GWM Malaysia Strengthens Leadership Team To Accelerate Local Expansion, Manufacturing Commitment 

KUALA LUMPUR, June 10 (Bernama) -- GWM Malaysia Sdn Bhd announced several strategic leadership appointments as part of its efforts to strengthen its long-term commitment to the Malaysian market and to support the next phase of business expansion, localisation, and manufacturing growth.

Malaysia’s Palm Oil Stock Up 5.15 Pct To 2.42 Million Tonnes In May 2026 - MPOB

KUALA LUMPUR, June 10 (Bernama) -- Malaysia’s palm oil stock rose 5.15 per cent or 118,891 tonnes, to 2.42 million tonnes in May 2026 from 2.30 million tonnes a month earlier, according to the Malaysian Palm Oil Board (MPOB).

MOF Leads Whole-Of-Government Approach To Curb Illegal Influx Of Foreign Businesses

KUALA LUMPUR, June 10 (Bernama) -- The Ministry of Finance (MOF) is leading relevant ministries and agencies in adopting a “whole-of-government” approach to address the illegal influx of foreign products, services and businesses, said Deputy Finance Minister Liew Chin Tong.

Malaysia, Japan Can Strengthen Regional Tech Supply Chains - PM Anwar

TOKYO, June 10 (Bernama) -- Malaysia and Japan can make a meaningful contribution to strengthening regional supply chains, particularly in semiconductors, Prime Minister Datuk Seri Anwar Ibrahim said today.

APIRC Aims To Develop 12 SMEs, Attract RM8.5 Bln Investments By 2030

By Farhana Poniman

GEORGE TOWN, June 10 (Bernama) -- The Advanced Packaging Institute and Research Centre (APIRC) aims to develop 12 local small and medium enterprises (SMEs) in the advanced packaging ecosystem and attract new investments worth RM8.5 billion by 2030.

IEM Recommends Raising Fees And Other Measures To Keep Pace With The Times

KUALA LUMPUR, June 10 (Bernama) -- Engineering consultancy fees in Malaysia have increased by less than 10 per cent since 1983 despite a significant rise in project complexity and workload, according to The Institution of Engineers Malaysia (IEM).

Japan's Support Crucial In Malaysia’s Push Into Advanced Technologies, Says Anwar

KUALA LUMPUR, June 10 (Bernama) -- The Japanese government and industries’ support is critical to helping Malaysia build its capabilities in advanced technologies, particularly semiconductors, artificial intelligence (AI), quantum computing, and advanced packaging, said Prime Minister Datuk Seri Anwar Ibrahim.