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Malaysia's New Phase Of Economy Based On High Tech, Semiconductors And AI -- PM Anwar

KUALA LUMPUR, June 20 (Bernama) -- Malaysia is entering a new phase of economy based on high technology, semiconductors, innovation and artificial intelligence (AI), said Prime Minister Datuk Seri Anwar Ibrahim.

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.

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.

Ringgit Extends Gains, Closes Higher Versus US Dollar

By Danni Haizal Danial Donald

KUALA LUMPUR, June 12 (Bernama) -- The ringgit extended its gains on Friday, closing higher against the US dollar as uncertainty surrounding the conflict in West Asia weighed on the greenback.

Focus Remains On Development Expenditure In Budget 2027 - Akmal Nasrullah 

KUALA LUMPUR, June 9 (Bernama) -- The Ministry of Economy will continue to focus on development expenditure in Budget 2027, which is expected to be tabled this October, said Economy Minister Akmal Nasrullah Mohd Nasir.

Stronger Fiscal Discipline Key To Attracting Higher-Value Investment -- Amir Hamzah

KUALA LUMPUR, June 9 (Bernama) -- Malaysia must continue to strengthen fiscal discipline, improve public service delivery, support businesses, protect the rakyat and position the country to capture higher-value investment and growth, said Finance Minister II Senator Datuk Seri Amir Hamzah Azizan.

Anwar's Call For Nationwide Crackdown For Illegal Foreign-run Businesses Timely - Economist

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.

North Atlantic France To Launch Tender Offer For Remaining North Atlantic Energies Shares

KUALA LUMPUR, June 8 (Bernama) -- North Atlantic France announced its plans to launch a simplified mandatory tender offer for the remaining shares of North Atlantic Energies that it does not already own, offering 28.93 euros per share. (1 Euro = RM4.66)

SAF Production At Only 0.8 Pct Of Aviation Fuel Use Is Disappointing, Says IATA

KUALA LUMPUR, June 7 (Bernama) -- The global Sustainable Aviation Fuel (SAF) production is expected to reach around 2.4 million tonnes in 2026, representing just 0.8 per cent of aviation fuel use and at a cost of of US$4.3 billion to airlines, the International Air Transport Association (IATA)’s estimates revealed.

SKP Issues Standards To Regulate BNPL, Five Other Consumer Credit Activities

KUALA LUMPUR, June 5 (Bernama) -- The Consumer Credit Commission (SKP) has issued the Authorisation Standards (AS) and Conduct Standards (CS), which will regulate buy now pay later (BNPL) schemes and five other previously unregulated business activities under Phase 1 of the Consumer Credit Act 2025 (CCA).

Airasia X Dismisses Reports Of Philippines Airasia Shutdown, It Remains Operational

KUALA LUMPUR, June 4 (Bernama) -- AirAsia X has denied recent media reports claiming that Philippines AirAsia operations have been grounded.

Sabah Adopts Balanced Growth Model, Demands Fair Economic Value For Conservation

KOTA KINABALU, May 25 (Bernama) -- The Sabah state government is adopting a balanced growth model that demands fair economic value for its environmental contributions, while rejecting unrealistic environmental idealism that could delay the state’s socioeconomic progress.