Acquisition of One of World's Largest Gas Fields An Extraordinary Achievement For Petronas - PM Anwar

From Sharifah Hunaini Syed Ismail

ASHGABAT (TURKMENISTAN) June 19 (Bernama) -- Prime Minister Datuk Seri Anwar Ibrahim has described Petroliam Nasional Bhd’s (Petronas) success in securing one of the world's largest gas fields, following an agreement signed with the government of Turkmenistan, as an extraordinary achievement that positions the national oil and gas company among industry leaders.

Gold Futures Close Lower Amid US Fed Rate Hike Expectations

By K. Naveen Prabu

KUALA LUMPUR, June 19 (Bernama) -- Gold futures on Bursa Malaysia Derivatives closed lower on Friday amid expectations of a possible US Federal Reserve (Fed) interest rate hike later this year, which will support the US dollar and weigh on the appeal of the precious metal.

TWL Holdings Unit Buys 45 Pct Stake In Fairise Odyssey

KUALA LUMPUR, June 19 (Bernama) -- TWL Holdings Bhd's (TWL) wholly owned subsidiary TWL Builders Sdn Bhd has acquired a 45 per cent stake in Fairise Odyssey (M) Sdn Bhd (FOSB), comprising 45,000 ordinary shares of RM1 each for RM42 million.

Trading Of Ajinomoto's Shares To Be Suspended On Monday Pending Announcement

KUALA LUMPUR, June 19 (Bernama) -- Trading of Ajinomoto (Malaysia) Bhd's (AMB) shares will be suspended from 9 am to 5 pm on Monday pending an announcement.

Businesses Should Identify Pain Points Amid Rising Uncertainty - Economist

KUALA LUMPUR, June 19 (Bernama) -- Malaysian businesses should identify their operational pain points before making strategic decisions as the business landscape becomes increasingly uncertain, said AmBank Group chief economist Firdaos Rosli.

Medical, Insurance, Takaful Practitioners Boost Healthcare Ecosystem Via HPPSC Platform

KUALA LUMPUR, June 19 (Bernama) -- Five medical and insurance/takaful associations said initiatives are being implemented to enhance communication and operational efficiency among doctors, hospitals, insurers and takaful operators.

Bursa Malaysia Extends Winning Streak To Seven Sessions On Late Buying

By Siti Noor Afera Abu

KUALA LUMPUR, June 19 (Bernama) -- Bursa Malaysia’s composite index ended the week higher, extending its gains for a seventh consecutive session, supported by strong late-session buying in selected blue-chip counters.

Malaysia's Rise In IMD Ranking Reflects Sustained Reforms, Public-Private Cooperation - FMM

KUALA LUMPUR, June 19 (Bernama) -- Malaysia's rise to 15th place in the 2026 International Institute for Management Development (IMD) World Competitiveness Ranking reflects sustained reform efforts and closer coordination between the public and private sectors, the Federation of Malaysian Manufacturing (FMM) said.

Airlines Should Review Route Profitability Under High Fuel Price Scenarios-- Alton

KUALA LUMPUR, June 19 (Bernama) -- Airlines should conduct a route-level fuel sensitivity analysis to identify routes that could become uneconomic under different fuel price scenarios, said Alton Aviation Consultancy, a global advisory firm serving the aviation and aerospace industries.

Liftech IPO Oversubscribed 18.92 Times Ahead Of ACE Market Listing

KUALA LUMPUR, June 19 (Bernama) -- LifTech Group Bhd’s initial public offering (IPO) shares made available to the Malaysian public were oversubscribed by 18.92 times ahead of its listing on the ACE Market of Bursa Malaysia on June 30, 2026.

Mavenir Launches Unified Digital App For ENet

KUALA LUMPUR, June 19 (Bernama) -- Mavenir, the cloud-native network software provider, has launched a unified digital platform for Guyanese telecommunications operator ENet, bringing mobile, broadband, fixed-line and IPTV services into a single application (app).

AM Best Affirms Hyundai Marine & Fire Insurance Credit Ratings

KUALA LUMPUR, June 19 (Bernama) -- AM Best has affirmed the financial strength rating of A (Excellent) and the long-term issuer credit rating of “a” (Excellent) of South Korea’s Hyundai Marine & Fire Insurance Co Ltd (HMF), with a stable outlook.