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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.

Higher BI-Rate, Fuel Price Hike Test Indonesia's Economic Balancing Act

By Nik Nurfaqih Nik Wil

JAKARTA, June 13 (Bernama) -- Indonesia's decision to raise the BI-Rate and increase non-subsidised fuel prices within days highlights the government's effort to support the rupiah and ease fiscal pressures, although the measures are expected to add pressure on households and businesses, analysts say.

Bursa Malaysia Seen Trading Range-bound Next Week Amid External Uncertainties

KUALA LUMPUR, June 13 (Bernama) -- Bursa Malaysia is expected to trade range-bound with a neutral bias as investors assess geopolitical developments and key economic data releases from major economies.

Scanwolf Unit Secures RM21 Mln Works Contract In Selangor

KUALA LUMPUR, June 12 (Bernama) -- Scanwolf Corporation Bhd, a producer of plastic edging and flooring, has received a letter of award (LOA) from Sg Besi Construction Sdn Bhd for a contract valued at RM21 million through its wholly-owned subsidiary, Scanwolf Trading and Construction Sdn Bhd.

TMK Chemical Proposes RM920 Mln Acquisition Of CCM From Batu Kawan

KUALA LUMPUR, June 12 (Bernama) -- TMK Chemical Bhd has proposed to acquire 100 per cent equity interest in Chemical Company of Malaysia Bhd (CCM), excluding certain assets, from Batu Kawan Bhd (BKB) for an indicative purchase consideration of RM920 million on a cash-free, debt-free basis.

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.

Gold Futures Reverse Losses To End Higher

By Danni Haizal Bin Danial Donald

KUALA LUMPUR, June 12 (Bernama) -- Gold futures on Bursa Malaysia Derivatives pared yesterday’s losses to end higher on Friday, in line with firmer US COMEX performance, amid a weakening US dollar.

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.

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.

MAG President And Group CEO Capt Nasaruddin Appointed To IATA Governing Board For 3-year Term

KUALA LUMPUR, June 12 (Bernama) -- Malaysia Aviation Group (MAG) president and group chief executive officer Captain Nasaruddin A. Bakar has been appointed to the board of governors of the International Air Transport Association (IATA) during its 82nd annual general meeting in Rio de Janeiro, Brazil.

Selangor Strengthens Sustainability Agenda Through RM2 Bln WTE Investment

KUALA SELANGOR, June 12 (Bernama) --  The Selangor government, through its subsidiary Worldwide Holdings Bhd (Worldwide), has invested approximately RM2 billion to develop three waste-to-energy (WTE) plants as part of a long-term plan to improve sustainable solid waste management in the state.

Rubber Market Extends Gains On Strong Regional Futures

KUALA LUMPUR, June 12 (Bernama) -- The Kuala Lumpur rubber market extended its upward momentum to close higher on Friday, lifted by gains in regional rubber futures markets amid concerns of weather-related supply tightness, a dealer said.