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.

Poh Kong Posts Higher Net Profit Of RM70.01 Mln In 3Q

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.

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.

Improved Market Sentiment Lifts Ringgit At Opening

KUALA LUMPUR, June 15 (Bernama) -- The ringgit extended its upward momentum, opening firmer on Monday against the US dollar and other major currencies, supported by improved risk sentiment following signs of easing geopolitical tensions.

Malaysia Weathers 100 Days Of Global Energy Crisis, Supplies Remain Stable

PUTRAJAYA, June 14 (Bernama) -- Malaysia remains in a relatively strong position with sufficient supplies of fuel, food and essential medicines, thanks to early intervention and coordinated crisis management efforts, says Prime Minister's Economic Adviser Nurhisham Hussein.

Selangor's Northern Corridor Has Potential To Become State's Future Economic Hub

SHAH ALAM, June 13 (Bernama) -- The Selangor State Government's focus on developing the northern corridor, which includes Hulu Selangor and Kuala Selangor, has the potential to transform the area into a new economic hub for the state.

Malaysia's Distributive Trade Growth Set To Hit 6.1 Pct In 2026, Says Kenanga IB

KUALA LUMPUR, June 12 (Bernama) -- Malaysia’s distributive trade growth is expected to hit 6.1 per cent in 2026, compared with 5.6 per cent in 2025, following stronger-than-expected performance this year driven by wholesale stockpiling, higher petroleum-related prices and a recovery in motor vehicle sales.

PM Anwar Calls For More Companies To Leverage 5G, Strengthen The Digital Economy

KUALA LUMPUR, June 12 (Bernama) -- More companies need to leverage 5G technology to boost productivity, innovation and competitiveness in an effort to strengthen the country’s digital economy, said Prime Minister Datuk Seri Anwar Ibrahim.

RHB IB Raises Malaysia's 2026 IPI Growth Forecast To 4.9 Pct

KUALA LUMPUR, June 12 (Bernama) -- RHB Investment Bank Bhd (RHB IB) has revised Malaysia’s 2026 Industrial Production Index (IPI) growth forecast upward to 4.9 per cent from 4.1 per cent.