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Bursa Malaysia Closes Lower Amid Foreign Outflow, Heightened Middle East Tensions

By Rosemarie Khoo Mohd Sani

KUALA LUMPUR, June 17 (Bernama) -- Bursa Malaysia closed lower on Tuesday amid foreign fund outflows as investors weighed the escalating Israel-Iran tensions, analysts said. 

Seveno Capital–Borderless Healthcare Group JV To Tap US$1.8 Trillion Wellness Market

KUALA LUMPUR, June 17 (Bernama) -- Seveno Capital and Borderless Healthcare Group have launched The Well Estate, the world’s first medical wellness real estate company to target the growing US$1.8 trillion global wellness market. (US$1=RM4.23)

Qhazanah Sabah Teams Up With Bina Indah To Develop The Hill @ Damai Project

KOTA KINABALU, June 16 (Bernama) -- Qhazanah Sabah Bhd (QSB) today signed a joint development agreement (JDA) with Bina Indah Development Sdn Bhd for the development of The Hill @ Damai here.

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.

NX Malaysia Opens Logistics Centre In Penang 

KUALA LUMPUR, June 16 (Bernama) -- Nippon Express (Malaysia) Sdn Bhd (NX Malaysia), a group company of Nippon Express Holdings Inc, has opened a new warehouse facility, the Batu Kawan Logistics Center, near the Batu Kawan Industrial Park in Penang, Malaysia.

Bursa Malaysia Rebounds To Close Higher In Line With Regional Markets

By Rosemarie Khoo Mohd Sani

KUALA LUMPUR, June 16 (Bernama) -- Bursa Malaysia recovered its earlier losses to close marginally higher, supported by renewed optimism in the data centre segment and a sectoral rotation into defensive plays, as investors positioned cautiously amid heightened geopolitical tensions.

KBRA Expands Global Presence With New Tokyo Office

KUALA LUMPUR, June 16 (Bernama) -- Kroll Bond Rating Agency LLC (KBRA) has announced the opening of its new office in Tokyo, Japan, marking its first establishment in the Asia-Pacific (APAC) region as part of its international expansion strategy.

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).

Azman Hashim: Scaling Challenges, Shaping Finance

By Karina Imran

KUALA LUMPUR, June 16 (Bernama) -- With over 60 years of experience in the banking industry, Tan Sri Azman Hashim stands not only as an icon of Malaysian finance but also as a remarkable businessman, passionate sportsman, avid singer and dedicated philanthropist.

Influential Leaders To Convene At Energy Asia 2025 To Advance Energy Transition

KUALA LUMPUR, June 15 (Bernama) – The “Energy Asia 2025” conference, themed “Delivering Asia’s Energy Transition”, from June 16 to 18, will be an opportune moment for Malaysia and the region to take stock of progress made towards energy transition objectives and reinforce national commitments to achieving net-zero goals.

SST Expansion A Strategic Window For Business Readiness, Says MAICCI Women’s Wing Head

KUALA LUMPUR, June 15 (Bernama) -- The expansion of the Sales and Service Tax (SST) beginning July 1, 2025, is seen as a timely and strategic move that provides businesses, particularly women-led enterprises, with the clarity and space to strengthen operations and build long-term resilience.

MTD Properties Embarks On Two Residential And Industrial Projects In Melaka

MELAKA, June 14 (Bernama) -- MTD Properties Sdn Bhd is set to develop two property projects in Melaka, comprising residential and industrial units, with phased construction expected to begin this year.