9d ago
From Mohd Iswandi Kasan Anuar
TOKYO, June 9 (Bernama) -- Prime Minister Datuk Seri Anwar Ibrahim has called on Japanese companies to continue expanding their investments in Malaysia, particularly in high-technology sectors such as semiconductors, artificial intelligence (AI), quantum computing and digital industries.
9d ago
By Nur Athirah Mohd Shaharuddin
KUALA LUMPUR, June 9 (Bernama) -- The Kuala Lumpur rubber market ended mixed on Tuesday, improved market sentiment following easing geopolitical tensions in West Asia, but was weighed down by expectations of improving natural rubber supply conditions and lower benchmark crude oil prices, a dealer said.
9d ago
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.
9d ago
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.
10d ago
By K. Naveen Prabu
KUALA LUMPUR, June 8 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives closed higher on Monday, supported by firmer crude oil and soybean oil prices, a trader said.
10d ago
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.
10d ago
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.
10d ago
By Harizah Hanim Mohamed
KUALA LUMPUR, June 8 (Bernama) -- Bursa Malaysia recorded a decline of 0.82 per cent at the close today with the diversified composition of the FTSE Bursa Malaysia KLCI (FBM KLCI) helping to cushion the impact of global market weakness.
10d ago
KUALA LUMPUR, June 8 (Bernama) -- Malaysia has secured RM92.8 billion in approved investments for the first quarter of 2026 (1Q 2026), with Japan emerging as the largest foreign investor and domestic investment recording its strongest year-on-year growth in the reporting quarter.
10d ago
By K. Naveen Prabu
KUALA LUMPUR, June 8 (Bernama) -- The Kuala Lumpur rubber market ended mixed on Monday, taking the cue from weaker regional rubber futures and firmer crude oil prices, a dealer said.
10d ago
KUALA LUMPUR, June 8 (Bernama) -- Overall credit strength across South and Southeast Asia will remain stable over the next 12-18 months, although US dollar strength would weigh on the credit quality for a subset of rated companies with structural currency mismatches, according to Moody’s Ratings.
10d ago
KUALA LUMPUR, June 8 (Bernama) -- The ongoing global supply and energy crisis should not be viewed solely as an oil price issue, but as a broader physical disruption that could gradually affect households through rising costs of living, according to Tan Sri Mohd Hassan Marican.