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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.
KUALA LUMPUR, June 9 (Bernama) -- Government-linked investment companies (GLICs), namely the Employees Provident Fund, Permodalan Nasional Bhd and Retirement Fund Incorporated (KWAP), will allocate a portion of their capital to support companies that demonstrate a strong commitment to value creation and the adoption of 'MY Value Up' principles.
KUALA LUMPUR, June 9 (Bernama) -- Malaysia must ensure that investments are channelled towards strengthening firms, deepening industrial linkages, and building higher-value capabilities to support the country’s next phase of economic development.
KUALA LUMPUR, June 9 (Bernama) -- Bursa Malaysia recovered into positive territory by lunch break, supported by buying interest in selected heavyweights led by three counters.
KUALA LUMPUR, June 9 (Bernama) – Alibaba Cloud Intelligence has launched its new public cloud region in Johor, expanding its data centre footprint in Malaysia as it seeks to meet the growing demand for cloud and artificial intelligence (AI) services.
KUALA LUMPUR, June 9 (Bernama) -- Capcom Co Ltd, a global developer, publisher and distributor of interactive entertainment, has announced that Resident Evil Veronica, the latest title in the Resident Evil series, is scheduled for release in 2027.
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.
KUALA LUMPUR, June 9 (Bernama) -- Capcom Co Ltd announced its plan to release Monster Hunter Wilds: Ascendance, a massive expansion (paid content) for Monster Hunter Wilds, in 2027 as it continues to expand its flagship Monster Hunter franchise.
KUALA LUMPUR, June 9 (Bernama) -- Malaysia’s role as a strategic semiconductor hub is becoming increasingly important as geopolitical tensions continue to reshape global supply chains.
KUALA LUMPUR, June 9 (Bernama) -- Prime Minister Datuk Seri Anwar Ibrahim's call for an immediate crackdown on illegal foreign-run businesses nationwide is timely, as such operations can harm micro, small and medium enterprises (MSMEs), according to an economist.
PUTRAJAYA, June 8 (Bernama) -- The Malaysia Petroleum Resources Corporation (MPRC) should take a stronger leadership role in helping Malaysian oil and gas services and equipment (OGSE) companies expand beyond the domestic market and build long-term industry resilience, according to Minister of Economy Akmal Nasrullah Mohd Nasir.
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.
