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Indian Firms Invest Over US$3 Bln In Malaysia, Create 30,000 Jobs - CIIM

KUALA LUMPUR, June 17 (Bernama) -- Indian companies have invested more than US$3 billion (US$1 = RM4.06) in Malaysia and created over 30,000 direct jobs, reflecting the strong economic partnership between Malaysia and India, according to the Consortium of Indian Industries in Malaysia (CIIM).

ESG-Ready Malaysian Businesses Better Positioned To Penetrate EU Market, Says GRI

By Nur Athirah Mohd Shaharuddin

KUALA LUMPUR, June 17 (Bernama) -- Malaysian companies equipped with strong environmental, social and governance (ESG) practices and reporting standards will likely have a distinct competitive advantage and access to business opportunities in the European Union (EU) and other international markets, a sustainability reporting expert said today.

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.

MPRC Should Be Lead Agency For Malaysia's OGSE Sector - Akmal Nasrullah

KUALA LUMPUR, June 11 (Bernama) — The Malaysia Petroleum Resources Corporation (MPRC) should serve as the lead agency for Malaysia’s oil and gas services and equipment (OGSE) sector in building company capabilities, expanding market access, and converting international opportunities into effective business outcomes.

Govt Targets 15 Pct Increase In Wood-based Exports This Year

By Kamarul Halim M. Kamal

MUAR, June 11 (Bernama) -- The Ministry of Investment, Trade and Industry (MITI) is targeting an increase of 15 per cent in the country's exports of wood-based products this year following the sector's encouraging performance, which recorded an export value of RM14.6 billion last year.

Malaysia And ASEAN To Reap Spillover Benefits From FIFA World Cup 2026

KUALA LUMPUR, June 11 (Bernama) -- Malaysia is set to gain from the FIFA World Cup 2026 competition starting this week in areas such as digital commerce, media consumption, payments, logistics and cross-border business, a top foreign banker said today.

Ringgit Opens Higher Against Major Currencies, Easier Versus US Dollar

KUALA LUMPUR, June 10 (Bernama) -- The ringgit opened higher against major currencies but eased against the US dollar today, as market sentiment remained cautious ahead of the release of the United States Consumer Price Index (CPI) data tonight.

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.

Gold Futures Falls Amid US Rate Hike Concerns

KUALA LUMPUR, June 8 (Bernama) -- Gold futures on Bursa Malaysia Derivatives closed lower today, tracking the decline in the COMEX performance as fears of a United States (US) rate hike increased following its strong jobs report.

Malaysia Secures RM92.8 Bln Approved Investments In 1Q 2026 -- MIDA

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.

Rubber Market Ends Mixed Amid Weaker Regional Futures, Firmer Oil

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.

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.