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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Boomi Study Finds Data Gaps Threaten AI Returns In APAC 

KUALA LUMPUR, June 16 (Bernama) -- Boomi, the data activation company for artificial intelligence (AI), announced new research conducted by Omdia found that many organisations across Asia Pacific (APAC) lack the data foundations needed to generate measurable returns from AI investments despite rapid adoption of the technology.

RICOH Malaysia Unveils AI, Automation Solutions For Real-World Business Applications

KUALA LUMPUR, June 16 (Bernama) -- RICOH Malaysia today unveiled a suite of artificial intelligence (AI), automation and integrated technology solutions at its ‘RICOH Empowering AI – Smarter Work, Real Impact’ event, highlighting how businesses are increasingly shifting beyond AI experimentation towards practical and real-world applications.

K-Startup Grand Challenge 2026 Issues Final Call For Global Applicants

KUALA LUMPUR, June 16 (Bernama) -- K-Startup Grand Challenge 2026 (KSGC 2026) is making a final call as applications close on June 17, offering global startups the opportunity to join South Korea’s flagship government-backed acceleration programme.

ASEAN+3 1Q 2026 Fiscal Position Remain Resilient Amid West Asia Conflict -- AMRO

KUALA LUMPUR, June 16 (Bernama) -- ASEAN+3’s fiscal position remained broadly resilient in the first quarter (1Q) of 2026, despite emerging expenditure pressures and tighter financing conditions following the escalation of the West Asia conflict, according to the ASEAN+3 Macroeconomic Research Office (AMRO) ASEAN+3 Quarterly Fiscal Bulletin.

Domestic Tourism Spending Reaches RM121.3 Billion In 2025 - DOSM

PUTRAJAYA, June 16 (Bernama) -- Malaysia's domestic tourism sector continued its upward trajectory in 2025, with total domestic visitor expenditure rising 13.6 per cent to RM121.3 billion from RM106.7 billion in 2024, according to the Domestic Tourism Survey 2025 released by the Department of Statistics Malaysia (DOSM) today.

Elsa To Grow Digital Technology, Robotics, Engineering Segments After Positive ACE Market Debut

KUALA LUMPUR, June 16 (Bernama) -- Integrated oil and gas services and equipment (OGSE) provider Elsa Bhd aims to accelerate its growth in the digital technology, robotics, and engineering segments following an encouraging debut on Bursa Malaysia’s ACE Market today.

TERAJU's Transfer To PM's Department Boosts PuTERA35 Agenda

KUALA LUMPUR, June 16 (Bernama) -- Placing the Bumiputera Agenda Steering Unit (TERAJU) under the Prime Minister's Department will enable the agency to advance the Bumiputera Economic Transformation Plan 2035 (PuTERA35), said Economy Minister Akmal Nasrullah Mohd Nasir.

Good Relations With Major Powers Do Not Compromise National Principles - PM Anwar

MUAR, June 15 (Bernama) -- Maintaining good relations with major world powers such as China and the United States has never weakened Malaysia's position in upholding its national principles on international issues, Prime Minister Datuk Seri Anwar Ibrahim said.

Tanco: Business Fundamentals Remain Unaffected Amid Share Price Volatility

KUALA LUMPUR, June 15 (Bernama) -- Tanco Holdings Bhd said its business fundamentals remain unaffected despite recent volatility in its share price that prompted Bursa Malaysia Securities Bhd (Bursa Securities) to issue an Unusual Market Activity (UMA) query.

Timor-Leste Invites Malaysian Investors To Tap Infrastructure Opportunities

PETALING JAYA, June 15 (Bernama) -- Timor-Leste is inviting Malaysian investors to explore investment opportunities and secure project contracts in the country as it embarks on extensive infrastructure development, said President José Ramos-Horta.

Bioeconomy Corp, South Korea's K-Eco Sign MoU To Advance Sustainable Bioenergy

KUALA LUMPUR, June 15 (Bernama) -- The Malaysian Bioeconomy Development Corporation (Bioeconomy Corp) and South Korea’s Korea Environment Corporation (K-Eco) have signed a memorandum of understanding (MoU) to strengthen cooperation in biogas development and carbon neutrality initiatives.

Malaysian Banks’ Profitability Eases In 1Q 2026 -- RAM Ratings

KUALA LUMPUR, June 15 (Bernama) -- Malaysian banks’ first quarter 2026 (1Q 2026) financial performance softened slightly, weighed down by higher provisions even as loan growth gathered pace, said RAM Rating Services Bhd.